Emergency meeting today in brussels. Minister,s new oil pumps alfalih, keeps the under pressure. It looks like we will be a positive performance with equities on the front foot. Let me take you to the bloomberg to show you what is going on. Their value is pointing to a dax that will open up. The cac is up, half of 1 . The ftse 100 is up. 6 . Overall, it will open up. 8 . A different story in asia, wasnt it, caroline . Caroline the shanghai composite went down 2. 3 . We are on our worst two day streak since february. Of course, much talk over the weekend that we are still on track for two rate hikes tihs year. Bill gross has said, look, believe the fed. The pound is flat ahead of camerons speech. Oil is at 45. 93. We are focusing in on what is happening with the oil prices, but we have to factor in that news out of saudi arabia. Should we see more voicing that we should not the production cuts . Guy we will find out. Caroline lets get out to david inglis, live for bloomberg first world
Yellen the committee judged it appropriate to wait for more evidence. S p raising an earlier advance. Where treasuries are concerned, huge rally. The dollar tumbling to a threeweek low. Slowing economy and stock market volatility were a big factor in the feds decision. We look ahead to the start of the asiapacific trading day. Yo, americas 7 years of eas money will continue for the time being in what has been the is the most important meeting since the financial crisis. The committee kept Interest Rates unchanged. U. S. Ugh conditions in the are robust enough to consider a rate hike, the global picture is more uncertain and more time is needed before liftoff. Janet yellen the recovery from the Great Recession has advanced sufficiently far. And domestic spending appears sufficiently robust. For an argument can be made a rise in Interest Rate at this time. Haveabroad appears to become more uncertain of late. And heighten concerns about growth in china and other emerging market economies
Goal has been to consistently engage with china in a way that is constructive, to manage our differences and to maximize opportunities for cooperation. And i have repeatedly said that i believe it is in the interests of the United States to see china grow, to pull people out of poverty, to expand its markets because a successful and stable and peaceful china can then serve as an effective partner with us on a range of international challenges. Last night during our discussions, i mentioned to president xi that as powerful as the United States is, the nature of the Biggest Challenges we face, things like Climate Change or terrorism or pandemic or refugees, those are not issues that any one nation alone can solve, and we recognize because of our strength and the size of our economy and the excellence of our military that we can play a special role and carry a larger burden, but we cant do it alone. China, despite its size, still has Development Challenges of its own, so it cant solve the
Fighters. Either they were not controlling what their allies were doing or theyre leaking information all over the place. Chinas shanghai composite after a state investigation into chinese brokerages sends shares lower into the close. Online and in stores the black friday frenzy gets off to an early shop with customers understooding shops and Online Retail shops to make the best of the sales. Now this just out in the last ten minutes or so. Turkeys president erdogan has requested to meet Vladimir Putin in paris on monday. The kremlin declined to speak but president putin intends to accept the request. Lets get back out to hadley. Good morning, carolyn. What a difference a day makes. All we have been talking about is who must be advising him to keep him from at least issuing some kind of message to russian president Vladimir Putin and the question of course being what is going to come next . What is this going to mean for the turkish economy . We heard multiple reports of officials sayi
Fridays deadly attacks that killed 129 people and injured more than 300. Good afternoon, Michelle Griego has the afternoon off. We begin with developing news this noon on the paris attack. France is launching a second day of air strikes on isis targets in syria, retaliation for the slaughter of at least 129 people. Fighter jets have been taking off from bases in jordan, striking an isis command sentter. Training camps and ammunition dump in the city of rack ca. One military official says france is taking the lead. Meanwhile the city of paris is wracked with grief over fridays massacre. There is mourning in the streets and the manhunt continues for throes responsible. Reporter good morning. We are here in republic square this evening in paris. You can see the large group of people gathering here. This has become one of the large makeshift mental morals in the city. It is somber ask people are also on edge, because keep in mind, one attack soldier still at large. Reporter thousands acros