Physical and lets you Business Trade frictions seeing chinas main growth engines volta its Services Sector is no longer booming putting pressure on jobs retail sales growth is at a 16 year low and chinese factory upward grew significantly slower than expected last month global answer best demand a weak chinas trade war with the u. S. Is dragging on and stock markets in the region of falling japans economy at least holds during the 3rd quarter growth of point 2 percent is well below the previous posters 1. 8 percent as pressure on policymakers in both japan and china to brand up stimulus. Lets go over to Chelsea Delaney off a National Correspondent in frankfurt chelsea where is all this leading. Really only further downward for both of these economies at the heart of the slowdown and japan and china is really the trade tensions between the u. S. And china which of put a drag on global trade but they also are both dealing with domestic issues as well japan has recently raised sales taxes
If you happen to be watching from the u. S. It is a bank holiday in the u. K. , too. Chinese markets are closed as well. The stoxx 600, pretty flat there, bearing all that in mind. The dollaryen, pretty unchanged at 111. 31. We did see a little strength earlier after those comments from John Williams. Cable is up. 2 . That has been moving fairly strongly ahead of the u. K. Election and a sterling did have its worst week this year last week. And keep your eyes on the 10 year italian yield. It looks like it is down two basis points. It was moving higher earlier, after comments from the Prime Minister. Lets get the bloomberg first word news. Reporter north korea has conducted another missile test. South Korean Military Officials Say the missile, which appears to be a scud variant, was fired off of north koreas east coast. It comes just days after World Leaders vowed to take tougher measures against kim jong un. British airways says many of the Computer Systems a running again. That is as