To blocking a no deal october brexit as he says hell seek an early election. Vote tomorrow to stop negotiations and to compel another pointless delay to brexit potentially for years and that would be the only way to resolve this european stocks jump with german car makers feeling the relief the ftse mib out performed while italian banks back a new coalition with the pd. And luxury stocks laeap alon side the hang seng and the executive sparked antigovernment protest weeks ago. Well, a warm welcome to street signs we have a packed show. A lot to get to we had much better numbers out of france and the preliminary number also better in germany but italy has come out a little bit weaker so broadly speaking putting all of these together, it does paint a picture of at least from the pmi perspective, the data appears to have bottomed from where we were in july. Its early to say that. Its interesting to see how the ecb reacts to the latest data now in terms of the ecb is the Banking Sector and
Politburo Standing Committee will make up chinas direction for years to come. Haidi bitcoin topping 100 billion in value, reaching that milestone faster than apple. It is now worth more than american express. Rishaad a look at what happened in new york. Another record for the dow. The s p 500 acting effectively as a quasibond. This is a situation going back to 2008. The white line looks at dividend yields on the s p 500, an average just shy of 2 . The chief global strategist writing in a report that the index has effectively become a quasiconvertible bond. S p 500 given up four Percentage Points of yield, close to an points. Of 3. 5 as he puts it, the s p 500 pays the equivalent of a bond coupon rather than what investors profit from growth. It is this global rally taking place that could arguably end in tears. The question is, when will that happen . Haidi [laughter] that is always the question, isnt it . The bellwether, caterpillar earnings beating on every expectation, raising the b
A full week of election coverage. The dollar first. U. S. Stock futures are higher after the fbi cleared Hillary Clinton of committing a crime as rival donald trump implored his followers to overcome a rigged system that he said protected clinton. Joining me is a London School of economics fellow, the author of desperates accomplice. Michael mckee also joins us with all the news that matters. He will talk trade and brexit with the ceo of britishamerican business, Jefferies Group shock, as well. Lets get straight to the bloomberg first world news with nejra cehic. A Third Quarter before hsbc, adjusted pretax profit, which excludes onetime items. It rose 7 from a year earlier to 5. 59 billion, ahead of estimates of 5. 29 billion. It was helped by stuart sullivans costcutting plan. Ukip Prime Minister theresa may is in india to lay the groundwork for a postbrexit trade deal. The following pictures contain flash photography. May has promised to smooth the path to the u. K. For indias wealt
In august, we ask if beijings growing debt pile is one of the worlds biggest risks. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. Hello, everybody. Good morning. Welcome to Worldwide Exchange. A new face on cnbc. Its all very exciting here this morning. Wilfred, welcome. Thank you very much. Tell us about yourself. I decided recently to take the step into television. Im very excited about it and looking forward to the two hours. And youre english. Indeed, very much so. With a name like wilfred, i would say so. Youre from england. Yes. The last five years ive been working to follow into my fathers footsteps to be in television. Its a pleasure already and we look forward to getting to know you more. Well, thank you very much. Russias foreign minister says they will look for further sanctions following a summit over the weekend. Lavrov also said in talks later today between kiev and moscow should seek an immediate ceasefire. Meanwhile, u. S. Lawmaker
Morning at his home in san joses sill veer creek valley neighborhood. Mcdonald is accused of felony Domestic Violence involving his pregnant fiancee. The Sacramento Bee reports the two got into a fight at a birthday party. Hes looking at a felony which could potentially hand him in state prison. Mcdonalds arrest came days after the nfl announced the stricter standards when dealing with players accused of Domestic Violence. Now they face a six week suspension without pay for the first to fence and a offense and a lifetime ban for a second offense. The only statement came from trent baalke people around napa felt more shaking, on the one week anniversary of their magnite people around napa felt more shaking on the one week anniversary of their magnitude 6. 0 earthquake from last sunday morning. Two aftershocks hit yesterday morning. A 3. 2 a little south of napa, and a 2. 5 in green valley. Happening today, a new effort to help quake victims. Kpix 5s ryan takeo is in napa this morning wh