Look at how we are doing on the sector picture. It looks fairly split. To theng of a bias downside. Materials and the Energy Business look in the red. We will look at the bp share price in a moment. Financials, industrials and health care mixed. No clear picture coming through. Many of these sectors look fairly mixed. Matt we see more stocks losing than winning. Down, 250 gaining right now. If you look at the moves to the upside, you see Louis Vuitton rising, only 0. 5 . Bp up 0. 4 after putting out earnings. You see a lot of metals and minors stocks to the upside. Hsbc down 0. 75 . , a lot ofvartis drugmakers and consumer staples, Household Goods coming down. Diageo also declining. Down about 0. 4 . Lets focus on the fed ahead of tomorrows fmoc meeting. A Third Straight rate cut is expected, but the focus will be guidance aspowells far as policy to come. Powell has said the economy is in good shape, but gdp growth is expected to slow further in the Third Quarter. Peterg us now is, Pet
7. 09 offshore. Spread between offshore and onshore is particularly wide. 106. 10. Trading at if we look at the s p 500, it is semiconductors, copper stocks, casinos and gaming with exposure to china, asia, and all of that area. One bright spot, tyson foods after a whopping quarter. Guy european stocks are down. They followed asia, down by nearly 2 on the stoxx 600, and it is on big volume. The german tenyear, 50. We are now 52. See a haven bit attached to the german bond market. Talk over the weekend is that brexit cannot be stopped, and that we are headed for a new deal brexit. That was the message coming from the chief advisor now to Prime Minister boris johnson. The pound on the move as well, but coming back to flat. Vonnie china of course pushing back after President Trumps tariff threat, allowing the yuan to cross seven per dollar for the first time in a decade, and instructing company to suspend imports of u. S. Agriculturals. We are joined now by Charles Robinson charles robert
Anna he is manus cranny and i am anna edwards. It has just gone 6 00 in the morning. Now what we have seen in Global Equity markets. Lets talk about Global Equity markets. Broadly positive with Oil Moving Higher in both set to hit eight week highs. Should not draw conclusions about the weekend. We have the npc in china meeting over the weekend. But since february 11. E. M. Is interesting. The stock market in brazil in bull market territory. Manus you have the brazilian market up over 20 . This is the close of his this on february 10 and this is the moment in time when the world changed. I love what they said yesterday, when the tax change, i change my mind. That is channeling keen. What we have here is a momentum change. The fed was tightening and oil was collapsing. Jamie dimon was buying his own stock things have changed. We talked about this with hans reddick. 100 95000 and mr. Delly of over at bridgewater says, i am not bearish on stocks so the question is where do you put your mon
Exchange. Its quiet in the markets. You are looking at euro sterling, how important those dynamics are. Are you making a prediction of parity . Francine we have a great story. This is not u. S. Versus europe, this is japan versus europe. David is in new york. David big job cuts are on the way at the british bank they will get 15,000 jobs after reporting a surprise loss. They will raise 5 billion in a write off. Reverseer is trying to costs. That russian plane that crashed in egypt had a prior damage linked to other crashes. In 2001, its great to its tail on a landing and needed to be repaired. It could lead to the sort of midair breakup that occurred on saturday. Part of the tail section was found away from the other wreckage, indicating that it had broken off. Bow tos refusing to pressure to shut the countrys borders. They are trying to figure what to do with refugees. They have taken up to one million refugees. She says closing the border with austria is not the issue. Oscar pistoriu