A record low after they overstate the value of its inventory. A surprise in berlin the win of a new sbd left wing leadership set the german bund yield to a threeweek high. And the uk election focus turns to terrorism Prime Minister Boris Johnson and Jeremy Corbin clash as they blame each other as the Early Release of the attacker. Well, good morning and welcome to street signs. Just in the last 10, 15 minutes or so we have been getting the final pmi manufacturing numbers across the eurozone. The final november has come in at 46. 9. That is higher than the flash estimate of 46. 6 so, little bit of an upside there, so some improvement versus the flash pmi numbers which came out a couple weeks ago. In terms of the breakdown, we have the final manufacturing output pmi come in at 47. 4 again, this is an improvement on the flash number of 47. 1 and october number of 46. 6 final future output coming in at 55. 3 again, higher than the flash estimate and higher than the october number, 51. 9 yo
Welcome to daybreak europe. We will see a little bit of selling in the asian session. A lot of read on the screen. Rates of korea cut kept rates unchanged, but cut its Growth Outlook. The bloomberg dollar index, we have seen an eightday winning streak. The sixthweek high for the bloomberg dollar index. Steady as she goes. Taking a look at equity markets in terms of u. S. Futures. The markets were closed for thanksgiving yesterday. Stock and bond markets. Futures under pressure for a second day. We saw europe close lower, too. Oil, just a little weaker, but it is heading for a fourth weekly gain ahead of the opec plus meeting. Opec and its allies are expected to extend the current supply pack rather than deepen those reductions. Following president trumps signing of the hong kong bill, there is one big question left unanswered, how would china hit back . The Foreign Ministry has issued a threat of retaliation, but they have been vague on details. Beijing will set the future course of tr
Im katty kay in washington, Christian Fraser is in london. And berlin is in chaos. Throughout the years of financial crisis, the rise of populism and brexit, germany has been a beacon of stability in europe. Angela merkel, the steady hand in turbulent times. Some even called her the new leader of the free world. But suddenly the chancellor looks vulnerable and german politics is a mess. Her Coalition Talks fell apart last night when the pro business fdp party decided to pull out. So what now . The breakdown in negotiations raises the possibility of a snap election. Though for now president Walter Steinmeir has told the parties to get back to work to try to find some compromise. The longer it goes on, the greater the uncertainty for mrs merkel. From berlinjenny hill reports. She promised germany a government for christmas. Instead, Angela Merkel has delivered an unprecedented political crisis. Not much to applaud. In the early hours of this morning, mrs merkel admitted she couldnt form
First century. Starting december second on d w. This is news live from Berlin Germany is in an unprecedented situation after efforts to form a government failed that is the verdict of the german president from steinmeyer ups the pressure on the parties to reach a deal indicating that no pressure elections are planned for now. Also coming up. Chancellor Angela Merkels political future hangs in the balance as for only other potential Coalition Partner was out and participation in government so what lies ahead for europes biggest economy. Plus Zimbabwes President Robert Mugabe ignores a deadline to resign his own party set him an ultimatum step down by noon today or face impeachment those proceedings could start as early as tomorrow. Im sorry kelly welcome to the Program Thanks for joining us we begin with germanys political crisis talks to form a Coalition Government have failed chancellor Angela Merkel has met with the german president here in berlin to discuss what to do next her polit
A minority government africa aleutian talks collapsed last night now germanys president is in a last ditch battle to persuade potential Coalition Partners to rethink and cut the deal. Also coming up is that Zimbabwes President Robert Mugabe preparing to do a deal the military says mugabe is in talks with his designated successor this even as zimbabwes ruling party is preparing to impeach him. I bring golf its good to have you with us tonight germany has been thrust into Political Uncertainty talks to form a new Coalition Government collapsed late on sunday after four weeks of marathon negotiations the german president says that he will meet with the leaders of all the parties and press them to try once more to cut a deal meanwhile chancellor Angela Merkel is weighing her options tonight she says that shes ready to run for chancellor again in the new elections if necessary. The german chancellor would have gladly spared herself and germany from this walk of shame but after the collapse