We are seeing a balance for the s p 500. Starting at 200 and moving on. Up. 4 . Are down 1 ing right now, another setback for boeing, its star liner heading to the iss did not make it. Boeing has put out a statement saying it was the wrong Mission Timer installed and it is unclear. They are looking at sending another unmanned crew into orbit, but not sure if they will yet. Another setback for boeing and that stock is down today. It is worth noting the brazil regulator has given the goahead for the boeing merger in january. That is one Silver Lining to todays news for boeing. Ae british pound is up quarter of a percent on this friday session. The ftse 100 up a tent and germany is rebounding up. 6 . We began in the u. K. , where the were Andrew Bailey will succeed mark carney of the bank of england. We are joined by David Goodman from london. Names have a lot of leading up to this decision, including likes bailey. Why was he best suited for the role . David bailey has been the favorite w
Half of next year. Time for todays global exchange. From dubai to frankfurt, to brussels to london, to Rio De Janeiro and princeton, new jersey, our bloomberg voices are on the ground with this mornings top stories. In turkey, the lira is gaining against the dollar following a 200 basis point cut. Joining me with more from dubai is paul wallace, bloomberg emerging markets reporter. Is this going to be enough president erdogan . Paul that is a key question. The lira has barely budged despite that 200 basis points cut being more than markets expected. Analysts were expect and about 150 basis points. The lira has had to endure a lot in the last six months. Erdogan has sacked his central bank governor. Since then, the new one has overseen a whopping 1200 basis points of rate cuts. Amazingly, despite all of that, the lira is actually up against the dollar since the end of june. We will have to see what erdogan thinks of this latest move to see whether he is satisfied that it is enough, or w
British Education Company sells its final stake in random house and ceo announces his retirement and fedex share another profit warning site significant challenges and changes well, good morning. We have a very busy show for you today. I want to get you to some german data lets break it down for you. We know p german business moral has risen in december. That is one positive for the current condition that has come in at 98. 8 higher than the estimate of 98. 1 the Expectations Index coming in higher than the forecast today at 93. 8 versus expectations of 93 Business Climate index was revised to 95. 1. The current index was revised to 98. 8 as well it appears to the upward revisions. The numbers for the month of december are coming in higher than expectations going into today. Worth mentioning that we did have the ifo a while back saying the german industry does remain caught in a session. Because the Manufacturing Sector does remain flagged. Not the least procured by the trade war. That
The polls, we will take you live on highstakes election, could decide the fate of britain leaving the european. The war on wealth, new Study Reveals Senators Elizabeth Warren to tax the rich, falls short bringing in a trillion dollars less than what she expected, mornings with maria begins right now. Joining the conversation fox business dagen mcdowell, liz peek and forbes media chairman former republican president ial candidate steve jobs. What a hearing yesterday, testimony of Michael Horowitz in capitol hill, i personally think it was damning and incredible, Inspector General testified in Senate Judiciary committee on offices findings in regards to alleged surveillance abuse during 2016 election, horowitz calling out the fbi highlighting longstanding issues within the fbi, watch. Basic and fundamental errors were made by 3 teams on sensitive fbi investigations after matter had been briefed in the highest level of the fbi, paid central and essential role in order to seek fisa order.
Exchange, where we bring you todays market moving news from all around the world, from hong kong to london, to new york and washington. Our bloomberg voices are on the ground with todays top stories. In asia, hundreds of thousands joined hong kongs biggest demonstration in months in signs that demonstrations will continue into the new year. Joining me is stephen engle. Give us the update. You know, this has been a protest movement that is now into its sixmonth, and i have to say, there is a bit of protest fatigue. People are tired of the violence. People are tired of the vandalism. They are tired of the disruptions to their morning commute. They are tired of the damage to the economy. But they are also tired of what they perceived to be an intransigent government here, unwilling to make any concessions to the protesters. That left this weekends big mark. A big question will there still be momentum for the protest movement, which has dwindled in size, but increased in violence . That an