Higher outperforming broader european equities investors await the feds latest Interest Rate decision as President Trump ratchets up the pressure on powell following the recent oil shock Uk Supreme Court prepares to hear claims that the Parliament Suspension is illegal. After a trip to luxemberg. Good morning and welcome to street signs. All the happenings around oil and Saudi Arabia Crude prices have eased. Brent posted its best day on record after an attack removed half of the kingdoms daily output President Trump said it looked like iran was behind the strike. U. S. Intelligences indicate the attack originated from iran. Officials say iranian weapons were used in the attack. They have denied involvement in the incident looking at oil stocks. We have seen oil majors and prices pulling back slightly bringing you comments we got just now out of the Energy Sector he said we are confident markets are well supplied. Remember, one of the original nam tweets refer to the possibility of the
Good morning, from berlin i am pretty impressed that allany, france, and u. K. Band together with such an explicit statement blaming iran for the attacks on saudi arabia. Absolutely, the geopolitics is something we will focus on in this hour. A really interesting story on the bloomberg today talking about how central bankers are getting more concerned about the impacts on growth or Climate Change, another theme with the yuan General Assembly getting underway. Speaking of growth, what a painful set of pmi did yesterday impacting markets. Absolutely, especially here in germany we have a rating of 41. 1 on the manufacturing pmi, the lowest level in at least one decade and we are going to get the Business Confidence numbers out in just a few hours from now, throughout from now. Definitely something to Pay Attention to appear lets take a look at what stocks are doing now. We do not have real red arrows across asia. In fact for the most part you can see the msci here is up. 1 for asian stock
We saw the ceo by out 10 million worth of shares. The 10 year yields at 148. The worst performer today in the s p 500, tyson foods is cutting its outlook as a meat processor. We are going to be speeding with nomad foods and its ceo. We are going to be talking about meat substitutes. About u. K. Talk assets that are on the move. Lets take a look at what is happening with sterling. Being 120 yesterday on the cable rate, we have related to 122. In market starts to price the possibility that a no deal b rexit is off the table. We have seen a significant move in the gilt market. Bonds generally are on the move. Decent side move decent size move under the bond market. We are seeing a decent move to the upside when it comes to equities. Stark contrast to what we saw yesterday. There is the other bond market move we are seeing in your. The german tenyear moving five basis point. A massive move to the downside yesterday. Bouncing back today. Very different session today. Vonnie exactly. We are
Markets, ftother markets catching a bit on both sides of the atlantic. Hong kong factor, brexit a factor as well. Stoxx 600 up. The bull market selloff is across europe. Sellingan tenyear also off, moving by around four basis points. After the massive move to the downside yesterday, brent bouncing back. Vonnie were going to be following that. The vote is supposed to begin in about three hours time. In the u. S. , we have markets taking their cue a little from the fact that carrie lam has withdrawn the extradition bill in hong kong and a little bit from the fact were not getting too many negative headlights on trade. Just in general, moving toward insurgency in europe. Equity indices in europe and around theequity indices in eurd around the world higher. The 10 year yield, 1. 47. Money going into treasuries. The canadian is interesting because the bank of canada did nothing. They held fast, in fact. It means the bank of canada is the one bank that is really holding fast. The Canadian Do
Kaiser report while in the u. K. And ireland it is state. Skies are this is the kaiser report its back to school kids remember theres only 2 things you need to learn in life number one theres an insatiable demand for pancakes all over the world if you want to be an entrepreneur could ever go wrong with pancakes 2nd of all if you want to be rich learn how to become a scratch golfer. Ok stacy well with that i want to say in terms of educating yourself how do we watch in kaiser report instead of cable news instead of m s n b c s n b c right now what you would have learned is to cower under your bed and hide in fear of the world we have been preparing you for the paradigm shift that has been happening over the past 10 years weve told you about this and what do we get in return we get the d. N. I. Saying no bad guys a report but we told you about this we warned you that the likes of mark carney from the bank of england will be standing on us soil in jackson hole this last weekend and saying