Different things to ever and people, some republican says we want 100 operational control of the wall water. Border. This is where the negotiations will happen. Democratic member of congress i spoke to last week admitted that democrats are willing to eat on Border Security, they voted to militarize the southern border and the gang of eight bell that passed bill that pass the senate with unanimous democrat support. If they get things to help people here illegally, especially sympathetic ones like the dreamers, democrats are willing to give a lot on Border Security but they will not give a wall or a federal funding cut off to sanctuary sydows, and he will not tolerate supporting sanctuary cities and they will not tolerate supporting dreamers. Vonnie President Trump meeting with officials in florida, fema, the coast guard, the governor, rick scott and his wife are there. What is his scheduled for today . The president will be surveying the damage of the horrible devastation of what happen
30 minutes away from the end of the session. Stocks are rising after the biggest weekly increase in two months. Sterling biggest weekly gain last week since 2009 against the dollar. Day after the referendum last year. Bond yields are gaining. Commodities is your final column. Ryanair shares are down today. Its scrapped 82 flights on sunday the start of a sixmonth as itm of cancellations seeks to reduce its backlog of crew vacation required by irish regulators for the end of the year. Ryanair will offer refunds to affected customers adding that the cancellations which amount to about 2 of its network wont have an impact on earnings in september and october. Shares lower today. What a run copper has had this year. 23 so faras climbed this year through august. Stockpiles spiked almost 16 last week. Sending the price down into a downward spiral. Some pressure will continue. Point 3 s fallen five since rising to a threemonth high on september 4. Russias ruble bonds are on the weeks. Llying
Lets look where european equities are trading. Just under 30 minutes to the close of equity trading. This is the stoxx 600 and different industry groups. We are off by 1 10 of a percent. Mixed picture Energy Stocks outperforming. We are seeing a spike in wti and. Rent Consumer Staples underperforming down. 8 . Financials also lower, perhaps some of the low yields in the core tech stocks also not doing too well. It is the commodities outperforming. Commodity stock, energy stock, and commodity producers within the materials. The ftse 100, a little weaker,. 1 . Have been seeing cable spiking, i have a chart later showing the correlation between the ftse 100 and the pound, the ftse 100 falling below the 200 Day Moving Average for the First Time Since the brexit vote. It is still below the 200 Day Moving Average. It hasnt managed to break above it yet. Volatility on the ftse 100, volatility wages, we are looking at implied volatility, have been climbing relative to the euro st ocks. If we l
Lets have a look where european equities are trading, just under 13 minutes to the close of equity trading. 1 . Stoxx 600 is up 2 10 of even though that is not a huge gain we are seeing, where you are seeing a bit of a risk on his what is underperforming are the defenses. Telecom, one of the worst performers. What is outperforming its Energy Stocks, even though we are seeing crude weaker. And financials as well. We saw that with the bank stocks in the u. S. Session yesterday. Financials in europe up 1. 1 . The best performer on the stoxx 600. This is the banks index yeartodate. The level is the highest in six weeks. Really getting the boost. Although we are seeing the tenuretrack your yields steadier in the session, youre seeing yields move higher in europe. I want to show you the 10 year guilt bond spread. It is always Something Interesting to keep an eye on. That continues to widen out. We really see that gilt yield rise since the expectations of boe tightening have been reworked in
Decline isterlings listing the ftse 100. 1 ofund was down 7 10 of she dollar during may speech. She said the u. K. Will honor its commitments made to the budget bonds commodities. This is your final three columns. This is a wonderful function on the bloomberg. We used it ahead of the u. K. Election and ahead of the french election. And we are using it ahead of the german election on sunday. It is everything you need to know about the german election. The race for third place action end up having an outside influence on the election. Merkel is poised to win a fourth term. There is a combined tally of about 22 . Sociale as schulzs party score. This is one of the charts. I can bring up 11. The other partys languishing in third, fourth, fifth and sixth place. It is going to be a fascinating sunday. This is how the German Market is faring as they prepare for the election. Equity investors are not being complacent. Timesx trades at 13 expected profits over the next 12 months, well below the