These are the markets. A little bit of a lift, and a lot of focus on tray concerns between the u. S. And china. A letter concerns with turkey and possible sanctions. Overall, there is optimism about fed policy and when it comes to brexit. 26 and there seems to be hope on the market. It will be difficult on brexit by the end of the week. Thursday and friday is the allimportant eu summit in brussels. Wirecard under extreme pressure. Aumping this morning after ofry accuses the Company Total nonsense. The share price is down 15 . We will speak to the nobel prizewinning economist who won yesterday, Michael Kremer. Time, a london conversation with James Bullard. Brexit. Gan with the eu chief negotiator Michel Barnier saying a deal is possible this week, after the telegraph reported a mood of cautious optimism. The leader of thin land who says there isnd not enough time to reach a deal before thursday. In hong kong chief executive carrie lam denied the city is a police state. She repeated vio
The yield is trading right now and the opening markets. That will not match up with the auctions today and tomorrow. Keep an eye on the dollaryen. Kind of stuck within a bound, but we will see if there is a breakout, and you see the nasdaq, golden dragon. All the big Chinese Markets moving lower, down about 2 right now. Guy just a few headlines coming through from washington. The boss of the imf is speaking and she will be talking to tom keene later on this program. What she is saying is the Global Economy, much of which is deteriorating at the moment, warning about the impacts of the what war, and reinforcing Christine Lagarde kept saying again and again and again, the war is negative for Global Growth in that story continues. It continues in the market the stoxx 600, you have 500 up, sorry, 500 down and less than 100 up. The stoxx 600 is trading up slightly higher. Lows andith session the pound is under pressure. The brexit story is taking a turn for the worst. Vonnie we will hear fr
Road map begins with china trade concerns, retails biggest sales decline in seven months, corporate earnings in focus. B of a rallying on a beat, futures point to a muted open. Capitalism under fire a bit democratic president ial hopefuls square off and taking aim at big business and personal wealth. And billionaire marc benioff will join us at post nine. Well talk tech regulation, capitalism, ipos and who he is eyeing in the 2020 race. Stocks are on track for a modest open a day after the dow close the above 27 k for the first time in almost a month s p finished shy of 3,000. B of a beats the street with quarterly results. On the economic front, retail sales were down. 3 in september. Revisions were better. Gas stations down. 7 people say maybe this has to do with gas prices. Perhaps it does when i take a look at what is going on, if you read between the lines with bank of america, which is just a gigantic bank, gigantic consumer bank, talking about 5. 7 growth in Consumer Spending ye
A final Campaign Rallies have been held in mozambique in the run up to tuesdays general election it will be the 6th vote since the end of the civil war and 1902 the ruling party is being challenged by its viable namo tensions remain between them despite signing a final peace deal in august 4 people are vying for leadership the main hopefuls include president felipe new say whos running for a 2nd term he came to power in 2014 with there were 2 or 2 statements already for his for lemo party is up against former fighter assume a whos the front man for where namo a party thats played by infighting whoever wins will lead most and makes recovery after 2 psych loans and Food Shortages this year and have to deal with a growing rebellion in the gas rich Northern Province of kabul gotto balcom what has more. Here in mozambiques capital in the food so many people historically have supported the ruling party its president ial candidates is president felipe a new see the people here say theyve been
Of the leadership that President Trump has brought to this economy over the last two and a half years. Maria so if the economy is booming, why do we need a bigger cut than a quarter point . Well, i think, i think we certainly welcomed a 25 basis points cut, but what the president s been calling for is a level Playing Field with our trading partners and competitors. Maria and markets are very close to record highs on the heels of the cut in Interest Rates this week. I also had a chance this week to get the chairman and ceo and founder of the blackstone group, Steven Schwartzmans, take on Interest Rates in this exclusive sitdown. What thats telling us, that the Global Economy is slowing down. And Central Banks are trying to get in the way of that and stop the rate of decrease. Maria yeah, but is it going to work, steve in i mean, a lot of people feel like what is a quarter point going to do, and can Monetary Policy do anything more significant at this point . Well, i think it depends wha