Choice. Today we celebrate the victory of democracy but for tomorrow come altogether, we continue and will complete our National Effort on exiting the crisis. Our strong ally is the great peoples belief in its own strength and justification that we are in the right. Vonnie the leaders of germany and britain france and france will get together to discuss the crisis. Greece may run out of cash within an hour unless the ecb extends another lifeline. There was a big drop in the shanghai composite. Bennett rose because of oil. The Chinese Government has suspended ipos and boosted cell purchases by state run financial firms. The index is down 27 since june, 2012. Secretary of state john kerry has expectations that a nuclear deal from iran is imminent. He said negotiators are not where they should be on most difficult issues. The talks have run on for nine Straight Days of u. S. Says it will only agree to a deal that restricts the iranian ability to make nuclear weapons. A big acquisition and
Low. Firmly low 70 area a week oh euro has been the theme we are firmly bloat 1. 10 now. The Dollar Strength is not just in the fx market at the bond market as well. In this morning the Precious Metals are collapsing. Gold is falling out of bed tonight. This one is trading at a fresh fiveyear low. Theyre raising some of those losses but stay down by 1. 3 to and then the fx market in the commodity market us is the carryover for the spillover. The ftse 100 up by a 10th of 1 . The cac 40 higher by one third of 1 . An eightday winning streak adding over 8 over the period. We are heading so far for a ninth day of gains. Lets head over for the asian market wrap. I wish i could tell you a more exciting story across equity markets here. You can see were just past 2 00 p. M. It is a fairly mixed bag. That japan is closed today for marine day. You see that we are basically back to level since last thursday. Do have some markets which are seeing a bit of spikes places like hong kong and some of t
Caroline hyde. Happy friday. The markets closed yesterday. It was a bit of a down day. They were looking at whether the in will raise rates september. China has destabilized things ringing around deflation and u. S. Stocks closed lower as retail sales pointed to the Federal Reserve indeed raising rates as soon as september. We are also looking ahead to french, german, and italian eurozone gdp. We have it all. Starting at 6 30 a. M. Gdp quarter comes out in the u. K. At 8 00 a. M. Moves we areig currently seeing in turkey. We are seeing some any things affecting the turkish lira at the moment. Record low if youre looking at it. Phenomenal drops versus the dollar. The dollar rising and the turkish lira falling. Are getting set for a second general election this year. Coalition talks between the ak party and the Opposition Party have collapsed and the Prime Minister which it lost the parliamentary majority back in june now looking towards yet another election. Lets look at the commodity s
We are seeing a bit of the diversions in asia. Aisasian stocks were higher. Europe a little bit slack. Above 50. At what it points to is the imbalances we saw in the oil markets being ironed out sooner than expected. Sooner than the iea was thinking. Now lets get straight to the bloomberg first word news. 2. 9 trillion investment industry may lose. Dayays the industry faces a shrinkage. The ecommerce giant is being investigated by the sec. At datalator is looking reported from the Company Single day promotion, the biggest shopping day, and how the firm consolidates results from affiliated companies. Alibaba declined to comment. Hillary clintons of a private email system did violate state department rules. That is the conclusion of report by the Inspector General who republicans an additional line of attack against the front runner as the Election Campaign gets underway. Businesses have warned of economic damage if protests in france continue. Strikes of the countrys refineries and rail
Response to a deepwater horizon spill back in 2010. The measure requires Oil Companies to develop plans for close watch on deepwater Drilling Operations with realtime monitoring that pushes data to officials on land. It requires companies to boost the frequency of inspections of critical emergency equipment and requires offshore operators to centralized type inside pipe wells. Officials investigated the 2010 wellre of bps mocando in the gulf of mexico. David julie has the latest. About two hours to the close of trading. Julie i want to see if there is any reaction in oil prices to this. It does not appear there is. In part because any of the parties involved have discussed these changes with the u. S. Government in advance. They had an idea of what could potentially be coming. Oil a little changed right now. Its taking a very small leg down after these headlines came out on the new regulations. What is at issue is the talks and the comments out from the International Energy agency sayi