Been working hard on cost has been creating this leverage. It the perfect storm of volatility that helped you in the Third Quarter . Sergio it has been coming down to a more normalized level that may be sought before 2018 and 2019. I think it is a combination is a more stable market environment, but the effect of all the new initiatives that we could set for growing, and which are starting to pay off. Manus youve got a strong message in the dividend. There has been an accrual of cash and buy back. When can we realistically expect the regulator to let you and ubs pay those dividends in 2021 . Sergio what it seems for investors is, basically, our message that we are very determined and committed in implementing our capital return policy. We are flashing our intentions to have a good solid Cash Dividend, but also complemented with share buybacks, and the fact that we are highlighting what we have done so far this year by creating this 1. 5 billion reserve is a testament to our commitments
But early suggest results to gamble may not pay off. We are live in madrid. Haidi to gamble may not pay off. We are live in madrid. Haidi lets hear how the trading week has started with markets coming online. Sydney starting trading. Investors after a bad week of trading, looking for a new catalyst. So for the next step up with trade negotiations, not much has developed but it is a big event risk week when it comes to the asian data, not least of which , industrialles production. Domestic activity out of china with the deeper numbers out of china recently. Theey on the back foot as day begins, new zealand trading up 1. 25 . We are seeing when it comes to trading in the u. S. Session this week, mildly positive after the s p closed out friday at a fresh record high. You see japanese markets extending gains into a sixth straight week. Lets get you to first word news. Su we start with more fallout in the u. K. From the brexit drama. Has kept the sovereign Credit Rating to a negative outloo
No suspicion of foul play in the death of teenager nora quorin police in malaysia say there is no indication of violence or abduction. Official figures show there were more than 4,300 drug related deaths in england and wales last year the highest number since records began in 1993. Three a stars. The proportion of students awarded top grades at a level has fallen to the lowest level for more than a decade, with just 25 achieveing an a grade or higher. Idid law i did law a star, sociology got an a. Alevel media studies, i got i did law a star, sociology got an a. A level media studies, i got an a in that, and btec, film and Television Production and i got a double distinction star in that. Great stuff. The biggest dinosaur hunt in decades is taking place in North Wyoming as british scientists help to excavate part of the american desert. Good morning. Welcome to bbc newsroom live. Iam i am rachel schofield. Jeremy corbyn has urged mps to install him as a caretaker Prime Minister to stop
Where pupils have been getting their exa m where pupils have been getting their exam results all morning. Ill be speaking to a careers adviser to find out what to do if you didnt get what you expected. Tens of thousands of ryanair passengers could face disruption today as uk based pilots strike. Our focus on farming continues with a look at the growing threat from criminals, who kill and butcher sheep in fields, in order to sell the meat. And researchers can now see processes deep inside the body thanks to a new type of microscope which captures images at unseen levels of detail. And in Sport England begin the third ashes test against australia at headingley this morning. Good morning. Welcome to bbc newsroom live. Im carol walker. Borisjohnson is in paris today to meet the french president , Emmanuel Macron, for brexit talks, as the clock ticks towards britains leaving date of october 31st. Mrjohnson has insisted the backstop which aims to prevent a hard irish border after brexit must
The upside. This is down to wall street, partly traders getting wages on that. The fed hiking rates. This whole talk of chinese stimulus is rekindling some of that risk sentiment. We are talking aboutas far as the bond market, we have a steady picture for treasuries. Weve got the 10 year yielding 4. 6 , where we were yesterday. Weve also got an open in thailand, having a look at bangkok and seeing what is at the start of the trading day. Its a by. 25 . Seeing a pushback taking place with the recent stimulus plan. 15 billion handout in thailand from the new prime minister. Some of the Rating Agency suggesting that if they dont get growth out of that, they may be looking at a downgrade. Its about digesting that, its continue to strengthen. It by nearly one barth in the last week. The fed speak, it is center stage. Speculating that the central bank will hurd well head to another pause as far as Interest Rates go. We are on track for a soft landing. Inflation has come down quite a bit. The