Cost be index with the south reaching its july highs against the u. S. Dollar. Lets have a look at where we are in chinese markets. We will talk about blockchain a little later. Hang seng index flirting with 27,000. Dollar china, sterling on the u. S. Treasuries. He had the doj coming in shortly after. The fed widely expected to cut rates. Trick or treat is how bank of America Merrill lynch is calling that. Among other things topping our minds as we get underway this friday. Su keenan is waiting for us in new york with an update of your first word news. Su President Trump is calling on the world to continue fighting Islamic State. This, after announcing its leader is dead following a u. S. Military raid in northwest syria. Becomes thebaghdadi highest ranking terrorist leader killed or captured since obama trump said the u. S. Is now targeting his likely successor. He is a sick and depraved man. And now he is gone. Was vicious and violent, and he died in a vicious and violent way, as a
Peoples minds. Declines of three quarters of 1 . Hang seng up 1. 1 percent. We have the nikkei also getting into the positive column. Shanghai composite, have a percent to the upside. The assets on the move at the moment. Subject to the machinations of the tradewinds or lack of them. Looking for gold futures. We were up significantly, 1. 8 at one stage, and that down to the haven trade. Futures on silver up 4 overnight. We have at the moment a good climb there. Hog prices up. This is how they closed in chicago. Here we go. The pound coming back now. The sterling with a bit of resurgence after falling below one dollar 20 1. 20. To getent is trying legislation through that may well mean there is no such thing as a hard brexit. Boris johnson in term could call a general election for october 14. It is all for brexit, the tennis match continues. Lets look at some of the first word news headlines. Su we start with president trump, who is stoking the trade war, saying china should do a deal s
Surveillance. I am Francine Lacqua in london. Here are your markets, you can see the stocks europe 600 is down. But nothing like some of the anxiousness we saw over the last couple of days. There is definitely a deescalation, so in certain parts of the world, there is relief in the markets. Im looking at eurodollar 1. 180. If you are looking at the yen, it is also a little bit off the anxiousness we see out there. This is the picture for the u. S. Yield, one of the main metrics we have been following closely. Look at the 30 year yield over the rest of the day. Coming up, a conversation with mike wells, chief executive of prudential. Lets get straight to a to bloomberg first word news. We begin with the German Economy, shrinking in the Second Quarter, piling pressure on Angela Merkel. Economyht, she said the was going through a difficult phase. From the previous three months, output fell and exports slumped as the trade war hit manufacturers. The italian Prime Minister has been called t
Speaking to reporters at mexico citys airport, he said he arrived with his hand extended. He added the United States brings hope for a prosperous and stable mexico. The new governor of puerto rico knows he has a tough road ahead, but she says she is preparing for it. Pressld the associated her priorities are to fight corruption, secure federal hurricane recovery funds, and to help puerto rico out of its 30 year recession. She is excited to finish the team of the former governor who resigned earlier this month following a massive protest. The Trump Administration has informed congress it plans to sell f16 fighters worth 8 billion to taiwan. It is a move that is sure to escalate already high tensions with china. Two u. S. Officials and congressional aide say the administers and have informally notified lawmakers of the potential sale. The f16 deal would be highly controversial because china fiercely opposes all arms sales to taiwan, which it regards as a renegade province. Global news 24
the african union calls on the e u to the sanctions on moscow classes, africa base. the rising hunger crisis has countries hindered from obtaining grain and fertilizes from russia. ah, very well welcome. this is on to you international coming to you live from moscow. with the latest world headlines, it s good to happy with us. now, russian president vladimir putin is that the newly developed saw much intercontinental ballistic missile systems. we will be put on duty by the end of this year. he s also emphasized that the russian army has been getting state of the art as 500 as defense systems to both to that capabilities, the pending of incoming attacks. why scholarship was so by me, our troops are now receiving the brand new as 500 air defense system, which has no equivalence in the world. we ve also successfully tested the sarm out intercontinental ballistic missile and are planning to place the 1st such icbm system on combat. duty at the end of this year, we will use librar