Welcome to countdown. Lots of talk about this morning. Lots of centralbank activity, the bank of japan standing down, as the markets react, and the fed down guiding the pace at least of those. Lots of talk about those. Amongst all of that, we continue to focus on the brexit risk, the u. K. Referendum a week from now, a week in an hour until polls open. Let us try to contact relies the market activity we have seen in recent days, as many voices warning on the global stage about the risk of a brexit. President obama, angela merkel, mario draghi, and others. How tense a market as we run up to the vote. I have the stress index, which actually might be of some comfort, depending on how you are position for this. Talking about whether there is any kind of Systemic Risk. Pimco saying there is no Systemic Risk around the brexit question. You see the measure of Financial Stress in the market, at least on a level, as indicated by this web circle, the oval here. Saw atn as high as we the time of
We are checking markets in the asiapacific. Stocks gaining a 10th of 1 . New Zealand Dollar continues to strengthen on the weaker u. S. Dollar. Counting down to openings. Futures and sydney pointing to a lower open, but flat on the session. , but wee how it goes did see a selloff in australia on friday. Onck out that aussie dollar the back of u. S. Dollar weakness. When we talk about strength, lets take a look at japan. This is the level right now. At the 18 month high, and worrying exporters and the boj. Futures in chicago pointing to a higher open as oil climbs as well. Yen, searching last week to the highest level since 2014. This is a rally that has confounded most currency strategist. Were taking a look into this. Theres one to you that says we should be looking at the yen through the prism of the bond market. , traders,estors everyone scrambling to explain this meteor ascent for the japanese currency. Through at make sense lot of metrics. Theres no indications that abenomics is t
Siege, amerli has been broken. Counterproductive thats what the u. S. Calls an israeli plan to seize acres of land in the occupied west bank. In pakistan, there have been fresh clashes between antigovernment protesters and the police in the capital islamabad. In the past few hours police have been having difficulty controlling the crowds because of rain. The protesters are putting pressure on the Prime Minister nawaz sharif to step down. They have been camping out for two weeks. The army warned both sides not to use force. Kamal hyder is in islamabad for us. The protest started peacefully, but turned violent over the last few days. Three killed. What is going on now . As you said, three people killed, hundreds wounded in the last few days, and today, for a third day running, protests are continuing. In fact, this morning the protesters tried to march towards Prime Minister house. The police again had to resort to use of the force. Now, a lot of people have been saying the police are us
How the euro bank could be prescribing a strong dose of economic medicine. At least 13 people have been killed when a bus was hit by shelling in the eastern ukrainian city of donetsk. The attack happened in a part of the city under control of prorussian separatists. This is the approximate area that is right now under the control of the separatists in ukraine. We have a report. A city bus shelled the passengers killed instantly. The force of the explosion was so great it blew out windows of a nearby building. We live in fear every day. Every day we wait for something nasty from over there. Its unclear whos behind this attack in the divided city of donetsk, but it happened in an area controlled by prorussian separatists. In recent days, theyve engaged in heavy fighting with Ukrainian Forces for the citied airport. The violence underscores how fragile talk of truce is. Just hours earlier the russians and ukrainians agreed on a procedure for pulling back arms. Today there has finally been
Leads to the grounding of some carriers. Good morning, everyone. It is monday morning, and im on and m scpxt m and a on monday one against. Aheld and delhaize soaring over reports of a potential merger. Theres much more merit for a deal today than when it was last seriously considered in 2007. Other analysts say there was potential for up to 1 billion in euros and cost cuts. Lets get another analyst weighing in on the process prospect of this deal. That is Bruno Monteyne. Do you think theres more merit on this deal now than back in 2007 . I think theres very little merit on the deal today. They rarely do successful mergers together and in this dace of ahold and delhaize its a worst of combinations. They are not even in the same neighborhoods. The none of this will apply. People are back to the theoretical consulting style even though we save a half a billion here and there, whenever they get together the one thing they start to do is stop thinking about the consumers. Thats a tough are