The express is worried about a killer arctic blast it says is on the way. The mirror says mr Trumps Hotels contain all kinds of products imported into the us, despite his America First policy. The independent focuses on the question of when theresa may knew about mr tumps Immigration Policy order. The guardian says there is domestic uproar in britain over mr trumps policy. And the times reports that a former senior official at the Foreign Office believes theresa may has put the queen in a Very Difficult Position over the offer of a state visit foertrump. Now its time for hardtalk. This is hardtalk. Im stephen sackur. The Uk Parliament is about to vote on the governments plan to trigger article 50, the formal process which will end in britain leaving the eu. Theres little doubt mps will give Prime Minister theresa may a green light, but much has changed since lastjunes brexit referendum. The government has clarified its vision of what brexit means, while President Donald Trump is shakin
Good morning from westminster. The bill giving theresa may the power to trigger the formal process of leaving the eu has cleared its final hurdle in parliament, and will now become law. The Brexit Secretary, david davis, said the uk was on the threshold of its most important negotiation for a generation. Our Political Correspondent chris mason reports. Contents, 118, not contents, 274, so the not contents have it. With those words the government achieved what the Supreme Court told ministers they had to, parliamentary approval to start brexit. The debates here in the House Of Lords and in the House Of Commons are, for now at least, done. One thing came out very clearly in all the debates. It is uncertainty that is bad for business, it is uncertainty that is bad forforeign nationals in the uk, it is bad for uk nationals resident in eu countries. I think the quicker we get on with this process the better. The House Of Commons had overturned two suggested changes to the plans new Law Guar
Month. World coverage on daybreak asia. We will be live in tokyo with Rex Tillersons tour of asia and beijing. Movedl analyze the pbocs to raise rates. Plus, we will be breaking down president trumps first budget. Republicans and not happy about it, either. This is bloomberg daybreak asia, i am betty liu in new york. It is just after 7 00 p. M. It is just after 7 00 a. M. Here in hong kong. I am in a man. What a week. At the central bank meetings, budget proposals, and a wild ride in oil. It is looking to be calm, so to speak. Betty calm or even a little bit of a dud right now in the u. S. It has people wondering, what is next . Where do we go next in the markets . A little indication, stocks are slightly slower in asia. How are we shaping up . Yvonne post said it is a risk on, risk off feel two things. Lets see how things are starting off. Yields in the 10 year, the u. S. Leading declines. Index, more positivity, up 1 5 of 1 . We did get those pmi numbers out that were showing a rebou
Rate cut to near zero by the end of the year so keep an eye on the Quarterly Report that comes in november. The bank of england votes 90 to cut rates, no dissent on rates but dissent on qe and the Corporate Bond buying program. The bank of england cut rates to. 25 , they intend to buy Corporate Bonds as well. The majority of the mpc expect a rate cut to zero by the end of 90year, and they voted four the rate. Majority of mpc expects a rate cut to near zero by the end of the year. I do say that their Bond Buying Program could increase by 170 billion pounds as well. To sort of put a number on the Corporate Bond buying program, it is 10 billion pounds over the next 10 months. Byathan guilt 10 year down the cable rate dropping off as well. Upside risk to inflation, Downside Risk to growth, that is what you see in the forecast. The 27 thet 2017 forecast, downgrading the most ever on a single inflationary report. Side, they seen inlation at 1. 9 on at q3 2017 versus 1. 5 , and sees inflation
That worse . Stay tuned. That is what we are watching today here on the move. European markets have opened lower. Stoxxeins for the euro 50, the ftse, the dax and the cac 40. Lets check in with manus at the touchscreen. We are going to see a little bit of a drop. Losingflicking around, about an eighth of a value. Where weh more about are in terms of reports. Carlsberg cutting their outlook. Heineken, things are going well. It is about the bank of england, the Federal Reserve. Go into the u. K. And have a look. Diageo coming lower on the first trade. Glencore does it again. Overall numbers beat real. Glencore came out this morning. , 2. 01 billion. The super cycle of commodities is not over. Where we are with rio and balaton. Iron ore will not peak in terms of supply and 2017. We had a great interview with holgate. His view, Ivan Glasenberg is the only man who knows what is happening in the mining industry. That is perhaps disingenuous to other ceos. Are doing whatey the market wants, g