A no deal braggs it at any cost meanwhile the opposition including members of johnsons own conservatives is just as determined to block a chaotic departure from the news so who will prevail well the u. K. Looks more divided than ever before a number geraghty of scottish voters are it seems firmly opposed to braggs it all the talk north of the border is of another independence referendum like the one in 2014 focus on europe has been gauging the mood in the capital edinburgh and met with Gordon Mickelson a man who tailors the ultimate in scottish attire im sure you can guess what but 1st some drums. Its show time in edinburgh every summer performers from around the world flock to the fringe the Worlds Largest arts festival. For the scot its a welcome distraction from their one. About frank said. Though politics has a place here too at least as parody. Well you know if id been there with bret said a long time ago we would have been here europe in the u. K. It would have been separated a l
Looms. President trump says talks with china will happen. Not ready yet. Warning against stimulus. The cpi today is likely to favor them. The case against no deal. Legal battles over boris key decisionns, a at 10 00 a. M. Less than half an hour away from the european looking at german bunds. Weare down a little bit but clawed back some of the negative yield we have given up. The ecb is on my radar. Equityake a look at the futures. Green arrows acrosstheboard. Green, too. Was now it is next. Dax futures are gaining. Ftse futures unchanged. What do you see playing out . We are seeing that mixed picture. Maybe there is a line being drawn. The asian section has looked a little more positive. Markets rallying after wall street did so. If the clues are light. Nightent trump last talking about how conversations in trade were happening yesterday. We will see what comes of those. The south korean kospi higher they did suggest maybe there would be further cuts to come. Movement in the south kore
The pboc sets its daily reference rate past seven dollars for the first time, but risk assets gain is the number is stronger than consensus. Oil bounces from a sevenmonth low as the kingdom calls producers to discuss a response to the slide to the bear market in oil prices. As european earnings season continues, we will speak with the ceo of adidas and the cfo of merck. Matt good morning. Less than a halfhour away from the start of equity trading. Take a look at the 10year yield. Do you believe what the bond market is saying right now . Dropping below 1. 6 in yesterdays session. Is that forecasting a recession to come . Take a look at futures. They are indicating that the number is no. We see futures turning higher. Interesting that futures are trading higher across the continent and in the u k, as well. We are prepared to get some of the biggest exdividends on the index. Astrazeneca, unilever, some really big weights on the stoxx 600, watch for them to drag on the index gained today.
Nearest spanish port also coming up. You really annoying tanker detained interpol to have sailed for International Waters with a new name 6 weeks after was captured by british troops. And hong kong streets again filled with protesters but not with tear gas this time around the massive turnout comes after stern warnings from beijing. Im brian thomas thanks so much for joining us the n. G. O. Operating a rescue vessel in the mediterranean with some 100 migrants aboard has described their situation as a humanitarian emergency the spanish flag open arms is currently off the italian island of lampedusa but italy is refusing it permission to dock there spain says the ship can come to one of its ports theres more. Good. Dried some on the horizon safety on the italian island of lampedusa behind them chaos aboard a charity vessel the migrant struggle through the warsaw. Unli to be brought back to the visibly overcrowded open arms and this is what they were turning to. The state of new mutiny ab
Yuan down 477. Beijing sites protectionism as agriculturallt imports. Asian equities down the most since october last year. European and u. S. Futures point to another day of heavy license heavy losses. Hsbcs ceo steps down. Good morning, matt. Matt good morning. Less than half an hour away from the start of european trading and it will be a negative session judging by futures. Gold surging again back to the highest level we have seen since 2013 as investors seek safe havens. Look at the futures trade across europe, a loss of more than 1 in ftse futures. We are dax futures down 1. 3 . It looks like it could be a very negative open. What are you seeing on the gmm . Anna a very negative session essentially through the asian markets as china hits back. The chinese currency being allowed to weekend weaken through seven. China asking importers not to buy u. S. Agricultural products. This is what we are seeing in the markets in the asian markets. You dont see china itself on the gmm, its not