Those arrive in london today, and the pound appears to gain after jumping to a sixweek high. This is surveillance. Eldinusef gamal in dubai. Toew fiscal stimulus impact mitigate the impact of the coronavirus. Reflecting that degree of caution, a little bit lower at the moment for the s p 500. At the same time, european stocks are falling for a fourth straight day. What is happening in the states is the bund rally is likely to pick up momentum again as the focus shifts away from global input to some of the deteriorating domestic fundamentals. Think along the lines of the german confidence data we got, the yields near the sevenmonth lows we had. Benefiting from the larger dollar risk aversion. It is very much strengthening over the past month, and at the goldt, the philadelphia and silver index up about 1. 4 . Lets check in on the first word headlines for you and toss it out to leighann gerrans. Hi, leighann. Leighann good morning, yousef. Growing signs an agreement is insight. Negotiati
Can very easily see the criminality that is happening and become very scared of it. That is not to say that there are not scams, there absolutely are. One queen is the most high profile scan. Absolutely are. One queen is the we start with the world of digital most highprofile scan. The or cryptocurrencies. Since bitcoin arrived decade ago fantastic podcast looked into that the market has exploded. There are now more than 1,500 different Digital Currencies in use. One coin. It looks into how supporters say they are the future of finance. Regular people can be scammed. That but they are coming under growing is not the fault of the technology. Scrutiny by governments around i think this is why central bankers the world and increasingly becoming the focus of crime. And others are now looking at the losses from Digital Currency Crime Technology and saying, well, and fraud soared to almost 4. 5 billion in the first actually we could use this solve nine months of the year, problems. And the t
Arrows on this final day of september trading and q3. Obviously tons in the news flow this morning. A lot involving inflation as core pce comes in 3. 9 year on year. Thats the first 3 handle weve had in some time. Were watching washington and the potential for a Government Shutdown over the weekend. The uaw expanding their work stoppage to a couple of the big three. This is all par part of the story and how we view the Fourth Quarter and the economy into next year. Are those shocks going to make an impact . You mentioned pce, the inflation number. Thats obviously the talk of the day on wall street and somewhat encouraging we saw that core number go below 4 from last year. Its 3. 9 . Jane fraser, the ceo of citi says were halfway there to getting inflation down. The second half can be challenging. We spoke to the white house, head of National Economic council, lael brainard, and heres what she said about the path to lower inflation. The main story of all the naysayers was that you could
The twoyear yield at 4. 22 joe. Honeywell is out with the First Quarter profit of 2. 25 a share. Revenue 9. 11 billion. The forecast was 9. 03 billion a little bit better than expected look at lets get to meta he did not change it to a. I. They are still spending more on the metaverse or part of the a. I. Spending . Who are they who are you . It is part of the metaverse shares of meta plummeted after the Company Issued a light forecast is overshadowed what was better than expected First Quarter results. I want to bring in dan flax. It was a fascinating call. In many ways, Mark Zuckerberg called it. A lot of volatility around the stock in what he calls these type of periods when they invest in this stuff. The question is whether investors and like them investing in this stuff, dan, and the market spoke last night. We have seen this movie before, perhaps. Good morning, andrew. We have seen this movie before with the transition to stories they have done well with reels in the last 24 mont
On the streets in england reaches the highest level since current records began. And, after his best performance in a grand slam today, britains kyle edmund stops at the semifinal in the Australian Open. Its 5 00. Our main story is that president trump, at the start of his visit to the World Economic forum in davos, has predicted a tremendous increase in trade between the uk and usa. He spoke after he held talks with theresa may and insisted that both countries were joined at the hip on military matters. Mr trumps trade policies, and his America First approach , are under scrutiny at the gathering of the worlds political and business elite. Its rare for a serving us president to attend the forum, and the president , who recently cancelled a visit to the uk, also rejected claims that there were growing differences between britain and america, no least on the global terror threat. Our correspondent Richard Lister has the latest. Sweeping in across the mountains, the first sitting us pres