In the markets, we are seeing equities a little bit softer across the board. S p features down by about 0. 2 . Tech leading the declines lower in europe. Dollar seeing a stronger ish. Been about the reversal of the trends. Will that continue, or is today just a pause in this new shift in paradigm, as you have yields up by about one basis point . Time now for global exchange, where we bring you todays market moving news from all around the world. Soining us now is bloomberg and the karen bloombergs enda curran and michael mckee. An joins us from hong kong. Removed theave quota you need on stocks and bonds to buy in china. It is not necessarily going to be an immediate game changer. This is all about the narrative around china gradually opening up and trying to get the yuan used more globally. At the same time, it is an example of how china is incrementally littering on some of its pledges. Global message to the Financial Markets them china is open for business, and this would certainly
Traded deal with india and japan. Asian stocks slip ahead of saturdays meeting with xi jinping. Americas biggest banks have promised to boost payouts after all 18 aced the fed stress test. Deutsche bank had a surprise pass. Switzerland is set to block trading of its shares in the eu after treaty talks with russells failed with brussels failed. Matt good morning. I want to draw your attention to something that is market related but not a driving force. Still, i think an incredibly interesting move. This is just a threeday chart of bitcoin. We started at 11,000, went up to 14,000, then back down to 10,000. Just massive moves. Gratzrd from michael nola that he had wished he sold more on wednesday. His comments could be one of the things that weight on bitcoin in yesterdays session. Incredible to see a 30 moved in the price of bitcoin. We see a mixed picture if we look at european futures just about 30 minutes away from the start of trading. Dax futures are gaining right now. You will see
Gaining strength again today, although really its also little changed at 1238, up only 4 100 of 1 . And crude is down another dollar 91. So crude wti back down to almost 80 a barrel at 80. 60. John. And thats certainly weighing on the canadian stock market with energy, with such a big subgroup component here. Financials is well under pressure in canada and were seeing that in the us indices. Matt mean, beyond just figuring out the story on rates and inflation from here, fitch raising some fresh concerns around the Banking Sector within the dow. Youve got jp morgan, for example, as one of the lead laggards. Its down about 2 right now. Watching tech is kind of interesting when you consider the fact that we started the day with some muscle calls, if you will, from the analysts on wall street. You had baird with bullish commentary on nvidia. You had Morgan Stanley saying despite the recent weakness, this is a winner. The stock is gaining on the news, but its up a modest 1. 5 . Then of cour
Theres severe hunger and a near collapse of the Health System we have a special report. Delight for spain as they go through to theirfirst womens World Cup Final they beat sweden 2 1 with a goal in the 89th minute. Its two years today since the taliban returned to power in afghanistan. These are live pictures of supporters of the taliban supporting on the streets there. You might be able to catch a glimpse of the flag that was being waved by many people in that crowd, the flag of the Islamic Emirate of afghanistan. That is that alabama has my full name for the country. The un says afghanistan is experiencing one of the most severe humanitarian crisis in the world and has warned of a huge shortfall in funding and a deepening economic crisis. Women and girls have faced severe restrictions since the taliban came to power, including the banning of girls from secondary schools. Our chief International Correspondent lyse doucet has this special report. All in a days work. 14 hours of labour.
Official, jeffrey clark. The charge sheet refers to the defendants as a quote criminal organization. The Indictment Document says mr trump Knowingly And Willingly joined a conspiracy to unlawfully change the outcome of the election in georgia, and elsewhere. Its the fourth case brought against mr trump this year. Lets take a listen to what Fulton County District Attorney fani willis said. The indictment alleges that rather than abide by georgias Legal Process for election challenges, the defendants engaged in a criminal, Racketeering Enterprise to overturn georgias president ial election result. Subsequent to the indictment, as is the normal process in georgia law, The Grand Jury issued Arrest Warrants for those who were charged. I am giving the defendants the opportunity to voluntarily surrender no later than noon on friday, the 25th day of august 2023. The investigation into mr trump was sparked by a phone call between the former president and georgias Secretary Of State, brad raffe