Sessions we have all the angles of this market selloff covered for you, though but first, joining us for the hour is aerials investments director of research, Charlie Bobrinskoy here at post 9. Thanks for being here. Thanks for having me. Pulloff pulloff, correction, selloff, pullback, was this over due . Well, no, things changed today. The momentum had been wonderful around trade and people say that people spend too much time worrying about trade. I actually dont think thats true free trade is very important and people say in 1776, the most important thing written was the declaration of independence. It wasnt, it was wealth of nations by adam smith the idea that trade helps us all is something that the markets believe in and when that gets called into question, you get an appropriate big reaction do you think that it is, especially based on the comments we got from President Trump today, do you think that the market is, especially with this pullback that we have seen today, do you thi
In other news, the government unveils plans to boost britains productivity, as the uks biotech industry, gets £1 billion boost from abroad. Police say the five victims of a fatal car crash in leeds at the weekend were all in the vehicle when it hit a tree. And more than 100,000 people are ordered to leave their homes on the indonesian island of bali, after warnings mount agung volcano, could erupt at any time. Good evening and welcome to bbc news. Prince harry and his girlfriend the american actress Meghan Markle are to get married. The couple were engaged in secret earlier this month, announced it to the world today and say their wedding will take place in the spring. The couple revealed how they had been cooking Roast Chicken at home when harry got down on one knee to propose. She said she had had no hesitation in saying yes. Harry said the stars had aligned, to bring them together. Among well wishers around the world, the queen and the duke of edinburgh say they are delighted and P
Well have more on the days events in just a few moments. Also tonight. We report on the plight of Young Rohingya girls forced into the sex industry, as refugees in bangladesh. In syria, Government Forces are pounding one of the last rebel held strongholds, with devastating consequences for the civilian population. Two major pharmaceutical firms say theyll invest more than a billion pounds in the uk, creating nearly 2000 jobs. And in the ashes series, england trail australia following a heavy defeat in brisbane. And coming up on sportsday on bbc news. It was andy murrays last year but who will take home the crown for 2017 . We look at this years nominees for Sports Personality of the year. Good evening. Prince harry and the american actress, Meghan Markle, have announced their engagement, and theyll be married in the spring. As fifth in line to the throne, prince harry had to obtain her majestys permission to marry, and Buckingham Palace said today that the queen and the duke of edinbur
Now on bbc news all the latest Business News live from singapore with rico and Asia Business report. Soaring to new heights cormac bitcoin is fast approaching the 10,000 mark. Heights bitcoin. And the dreams of turning ho chi minh in two as start up capital. Into. Glad you could join us Asia Business report. I am rico hizon. The queen has done it again. Even though many have warned it was a asset bubble about to burst, it soaring to new heights. It is an asset bubble. It has climbed to 8,200, and gone further to 9,700. It is now approaching 10,000 us. Keepin it is now approaching 10,000 us. Keep in mind that in 2010, one bitcoin user famously traded 10,000 bitcoin user famously traded 10,000 bitcoin for two pizzas, which was then roughly 25. If he had those in bitcoin is, he would be a millionaire by now. Earlier, i asked cedricjensen from bitspread if it would hit the milestones on. cedricjensen from bitspread if it would hit the milestones on. If you look at facebook, where pete mark
As represented by the dow jones average, which gained 68 points. And then we had the losers, almost everything in the nasdaq down 1. 39 . Its not done going down, believe me. While the s p 500 fluctuated somewhere in between, ultimately declining 0. 35 . Remember when i said the bulls would love a market that didnt need to rob peter to pay paul . Meaning if there was enough new money coming in from the sidelines, investors wouldnt need to brutally sell stocks in one sector in order to buy them in another. Well, we clearly havent gotten there yet. This market feels pretty zero sum right now. Today there was highway robbery of the techs and the health cares, ransom money to buy shares of industrials and banks and oils. It wasnt exactly what we lets just say its exactly what we dont want to see. We basically ran out of new money to fund a healthy, broadbased advance. And instead went narrow into a couple of soso leadership groups, which is not a positive longer term scenario. You dont wan