Shares boosts as iphone shares surge. The Ukraine Airlines flight that crashed outside tehran was likely shot down by an Iranian Missile, as intelligence from the u. S. , uk and canada suggests the tragedy could have been unintentional. Good morning, everybody, and welcome to this edition of street signs. We made it to the end of the week and what a week it was, starting off with huge concerns that seem to have shifted into the back seats in the last 24 hours. We had record highs yet again for wall street, all of the majors making fresh closes also some of the sub sectors as well, the tech industrials, discretionary and health care all hitting fresh record highs in the u. S the Communications Services has seen its highest close since 2001 so the market has shut off a lot of the concern that we saw earlier on in the week as for european markets, you can see its fairly split, a bit of a mix, 50 50 on the map as were seeing right now but overall, the stock is trading above the flat line,
He will be traveling to washington hell be here a couple of days saying negotiating teams from both sides remain in close communication. President trump saying hes going to later travel to beijing to begin talks on the next phase. I think well talk to eunice we never know until we know. The last thing we heard from eunice was, you know, the president says there is a signing next week but havent heard anything from the chinese side she did point out that it was good for the chinese to have this happening now ahead of the Lunar New Year too my point is that they would never say anything and deliberately stay and let us conjecture it is always bad they never signed off on this the day before the market pulled back a little after someone said something that the chinese are uncomfortable with something until we hear right from the Commerce Ministry. Just a lot of times sitting there, what they looked like. They are more reserved and are tweeting about this stuff. Anyway, looking good. Hope
Widespread swans has made many homes. Im tundra tundra in terms of my instructor, drive southeast and bangladesh. Ill bring them over deposit on the data stating landslide and flooding. Thats his taking place. And his truck, the region of this area, and outrage from ever original people in Western Australia is legislation that protects that Cultural Heritage is repealed under under control. So with the sports is more ok, lets continue that. Run at the womens world cup against fronts. And the last 16 be, well columbia have just made it through with a one know when i would jamaica felt like england. And the last thing the wed be getting this useful initiative with the us deputy secretary of state has helped totes with a new military lead is victoria newland said the to our discussion in the capital in the army was frank and difficult will have visited comes as the late as of last months kula pointed, once described as a transitional Prime Minister, meanwhile military delegations from mol
In commodities prices. Easing inflation and policy support should help in the second half. And softbank surprising with a loss despite son returning amid tech sector gains lets get straight to it european banks in focus after the Italian Government decided to impose a surprising windfall tax on Net Interest Income for the italian lenders. You see it is dragging down the sector unicredit is one of the best performing stocks not just in the ftse mib, but the stoxx 600. It was up 700 . Unicredit down 5 . Really, really sharp moves d downwards in the italian banks this was a surprise to the Investment Community and banks and i was speaking to the unicredit a coueo a couple week ago. The government has come out with the measure. I would say a lot of it is down to the fact that similar to other countries, italian banks have not been quick to pass on higher Interest Rates to depositors they do quick to pass on the margin to lending, but not to depositors you ask what you can do to shore up su
Crown prince discussed ways from prevent the war from escalating as the you and a best of demands secretarygeneral resign for saying the october 7 attack did not happen in a vacuum. Microsoft jumping in late u. S. Trading after the cloud unit is worth picks up steam. Rival alphabet sinking as they are offering lags. Bank earnings continued rollout. Deutsche bank meeting estimates where they spent finish pumping santander some better than expected thirdquarter net income. We will speak exclusively to the cfo later this hour. I want to get a recap on the numbers which is important when we look at Deutsche Bank. We are seeing estimates and they are kind of being met but you are not seeing much outperformance. This is stark contrast to what you saw with unicredit but thirdquarter net revenue is 7. 1 3 billion in the estimate was 7. 1 one billion. Pretax profit is 1. 7 billion euros. The estimate was 1. 6 billion. There 2023 Net Litigation charges are exceeding their 2022 levels as well. I