Point to 3. 5 . So have those eurozone nations turned a corner on inflation . Joining me now is charles younes, deputy chief Investment Officer at financial Analysis Company fe info. Good to have you with us. Make that link for us. We saw that cut earlier in the week, and it seems as though it backs up that decision they made earlier. Yes, i fully agree with you on that point. The ecb has been very clear, they have been slow in Cutting Rates, and really it is about inflation. So the number given this week confirms that the ecb needs to be very slow in Cutting Rates. It that the ecb needs to be very slow in Cutting Rates. Slow in Cutting Rates. It also suggests slow in Cutting Rates. It also suggests that slow in Cutting Rates. It also suggests that the slow in Cutting Rates. It also suggests that the european | suggests that the European Central Bank had a very different tactic versus the Bank Of England and the us federal reserve. What does it tell about their thinking and whether the
Welcome to Business Today live from new york. Shares are inching higher on Wall Street ahead of the most closely watched meeting of the Us Federal Reserve in years. In just underfive federal reserve in years. In just under five hours time the fed is expected to finally start cutting the cost of borrowing from its two decade high. But how deep are the first could be and with concerns in some quarters about a rapidly weakening us economy, has the fed left it too late . Let s get more from the chief fixed Income Strategist at janney montgomery scott. The big debate here, 25 or a 50 Basis Point Cut. What are you expecting . Basis point cut. What are you petting . Expecting . Its a close call. I think there expecting . Its a close call. I think there is expecting . Its a close call. I think there is relatively think there is relatively little economic impact from one or the other depending on how that decision is made. 0ur Expectation is that the federal reserve will reduce overnight Intere
Essentially the Conservative Party want to conserve the system and they are saying that the system is good, it works and lets stick with it. And millions of americans do not buy into any and millions of americans do not buy into any of and millions of americans do not buy into any of these Conspiracy Theories into any of these Conspiracy Theories and they are very happy to vote for theories and they are very happy to vote for Donald Trump. Because they Ust Vote for Donald Trump. Because they just believe vote for Donald Trump. Because they just believe that he is in the lead and more just believe that he is in the lead and more credible on the economy. And the and more credible on the economy. And the frustration of stephanie was interesting reflecting the frustration in the Republican Party to focus frustration in the Republican Party to focus on the issues are not on the heritage of Kamala Harris because the heritage of Kamala Harris because the top issues are immigration in the Econ
Writtish capital is set to see tighter virus measures. Here in germany, new cases rise by a record amount. Goldmans golden earnings. The bank posts wall streets biggest jump in bond trading so far this season. Revenue at all four divisions is up on the year. And burriss johnson tells e. U. Leaders he is disappointed by progress in brexit talks. The city of London Corporation urges both sides to avoid an act of self harm. Just under an away away from the start of european and u. K. Trading. We are seeing futures down substantially across equity indexes. 66 . Futures down. In terms of u. S. Futures, we see losses of about a third after percent, a little more on dow ubledigit on the jones and s p contracts. Anna, what do you see on the gmm . Anna lets get to that and see what is happening over in the asian session. We are weaker. We have futures pointing lower in the u. S. And you were and weaker through the asian sector as well. Outh korean sector down by. 7 . A lot to think about. The v
Translator we decided that we need to raise the alert levels too warn residents that infection is spreading a surge in cases was rorted late last week when daily infection numbers topped 200 for totals have dipped slightly since monday, but numbers remain higher than in previous weeks. Experts say its becoming more difficult to figure out how people became infected. And theyre concerned that trend will continue. Translator in four weeks, the number of untraceable cases could be 16 times as many as now. That means about 1,200 people. If it continues t to double, eit weeks from now the figure will increase by 256 fold. The governor is once again calling on residents to stay within the prefecture unless crossborder travel is absolutely necessary. Shes also asking people not to visit restaurants and night clubs that arent practicing proper safety measures. The rise in infections is not limited in tokyo. 450 cases were confirmed across the country on wednesday, the highest since the nationw