Welcome to the pulse. First things first. It is 9 00 on the dot. Lets check the markets. The one i want to show you is the tenure u. K. Bond yield. We of a fresh record low. Lows forhave record yield. Overall, european stocks are fallen, but they rally after that allimportant u. S. Jobs report last weekend. Brent crude at 52. 31. Lets get to nejra. Nejra chinas Consumer Prices have climbed 2 from a year earlier. 3. 4 cer prices fell from in april. The deflationary trend has now continued for 51 straight months. The bank o f korea has unexpectedly cut its Bank Interest cut rate to a new low. It needs increased Downside Risk to grow. The kiwi jumps to a 12 month high. But further easing might be required to keep inflation in the middle of the target range. U. K. Chancellor has hit back at claims that he is scared mongering to keep britain in the European Union. Eil, if wedrew n vote to leave, we lose control. People should be under no illusions. Two palestinian men have killed four israe
We will have their ceo with us just before he goes on a conference call. Happened withat the failed coup on friday we want to see what the central bank ones are doing. They left their benchmark rate unchanged at seven and a half percent and cut their overnight lending rate about 25 basis points. We do have the lira depreciating slightly against the dollar. The Turkish Central Bank said it took measured steps for simplification simplification. The lira on the move to the downside. Lets get a check in on the rest of the market. Record highe fifth on the s p 500 in just under a week over a week. Future softer. The dax down by one full percentage point. All 19 Industry Groups on the stoxx 600 have been in the red so far. The ftse 500 down one third of 1 . Germany Investor Confidence absolutely plunging. The fx market, the aussie dollar getting absolutely whack. We have some minutes from the australia centralbank, very dovish minutes potentially setting us up for a rate cut. The dollar is u
Street and beyond. Calls for a truce and chinas ridesharing wars. Do let us know what you think of our top stories. Follow me on twitter rishaadtv, and include trendingbusiness. Open of the session and hong kong and shanghai in 30 minutes. And feel thelook puls of investor sentiment. David what we have seen since brexit his investors are shrugging off any reason to begin selling. ,hat is the main story expectations that the japan will move on fiscal stimulants, new zealand will cut next month, a the rbnz willt move. Japan getting a decent bid after the yen back above 107, gold on the way down. Safe haven assets being set aside at the moment. Weakness across these two markets opening up. Kong, chances are that this becomes the next member of the bull market. It is a 20 threshold. That is your trough right there. Something to keep in mind as we make our way throughout the trading day. The biggest story across markets is this. Obviously it has died down a little bit. Mcdonalds is feeling
I am manus cranny. Breaking news for you, thyssenkrupp, thirdquarter adjusted earnings, 441 million euros. That was a beat on the estimate of 419 million euros. The profitability does fall. You still have a chinese exporting. Thirdquarter profit fell by 18 , but it still beats the estimate. 9. 7 billion, the estimate at 10. 04. They confirm the forecast of 1. 4 billion euros, on the adjusted earnings. Credibility falls by 18 in the them,r, Third Quarter for 441 million from 539 million just year ago. Signs of recovery in the materials business. Steel made earnings of 91 million, obviously down last year of 160 million. Adjusting 39 million, so that is the state of affairs with tyson group. You have the headwinds coming hard and fast. The paris attacks, the turkey terror, the attacks in the south of france in nice. Terror is very much front and center. Thirdquarter revenue at 3. 6 million, that is down from this time last year, making 4. 8 billion. Just put this in context, turkey is ab
Wake of terror attacks. Apreme leaders spoke aboard aircraft carrier. Crumpton, this is bloomberg. Bloomberg west does next. Is next. This is bloomberg west. Coming up to my tech takes charge. Why the sector is exerting more control in u. S. Markets than at any other time since the. Com bubble. This is going ecommerce start up behind the great wall. Toy cut a deal with alibaba give amazon a run for their money. And chinas big plans for the advertising aid. Latest to bes the snapped up by chinese investors. The ceo joins us later this hour. First, to the lead. Tech stocks exerting more control over u. S. Markets than in any other time since the internet bubble. The largest tech stocks, were talking microsoft, alphabet, this split, amazon, seeing massive multiyear rallies. That is closest to its widest ever. We have more. Break it down with me. Exit is getting to be about 21 . When you look at the magnitude in terms of how much the percentage changes, it is relative to the rest of the ma