A slight bid into the back of the bond market. Lots of supply coming on next week. That is front and center, along with the repo market. Time now for global exchange. We bring you todays market moving news from all around the world. From mumbai is bloombergs south brussels, iann wishart. In india, the government unveiled a 20 billion plan to boost growth, including cutting Corporate Taxes to the lowest in asia. Stocks having their best day in india and a decade. We have more from mumbai. Reporter as you mentioned, happy friday for companies. They are a big they are calling it a big bang of sorts. However, bonds obviously felt because they see huge stimulus coming, they dont know where and how the government will fund it. As you mentioned, and yet will be one of the lowest tax regimes , and that could attract a number of Foreign Investors and Foreign Companies as they seek find new venues to set up Manufacturing Companies amid the u. S. And china trade war. I think it has been a very ex
Phil neville faces it has not been neville. Level. Saying he is the best man for the job. After being appointed england womens head the press. More from him hugh. To his time as the womens team a job but he has been head coach. Facing the press. He told the bbc he was not sexist. At how past. Sexist. This day and age and he has rejected criticism of his experience as well. About who is the world was the greatest sports man or a woman. Lets have a look criticism of his experience as well. The picture tells the story in the weather. Press. Easy. Past and showed a keen result to those and move on. To address those. That seemed to make light of domestic abuse. At the weather. Weather. To the mild weather over the weekend because it is on the way out. Ushering in some colder air to take us through this week. Us through this week. Because it is on the way out. Domestic abuse. All the details something colder for the week ahead. Critics and apologising for those post. On the way. Those. He to
Negotiations with the eu. Well be getting reaction to the Prime Ministers speech from the former Northern Ireland secretary and brexit campaigner, theresa villiers. The other main stories on bbc news an 18 year old man is charged with attempted murder after the bomb attack on a London Underground train last week. The taxi app uber is to lose its licence to operate in london putting thousands of drivers jobs at risk. Donald trump and kim jong un trade insults while the north Korean Leader threatens to detonate a Hydrogen Bomb over the pacific. Good evening and welcome to bbc news. Theresa may has set out her proposals for a transition of around two years after the uk leaves the European Union in march 2019. In a speech in florence, she offered to go on paying a fair share into the eu budget, with continued access to the Single Market during that period. My colleague christian fraiser watched the speech in florence the Prime Minister theresa may has been setting out her brexit vision whi
Close of equity trading. The stoxx 600 down some. 5 . Brought moresaw it than 1 , the biggest drop since august. It is heading for its biggest weekly loss since august. Due to the distribution of Industry Groups broadbased gloss losses, energy and health care leading the decline. But pretty much every Industry Group on the back foot. Its only financial that were up ever so slightly on this imap. Taking a look at the euro, we are seeing a little bit of euro strength in this section. If you look at eurodollar onemonth risk proposal, its interesting. This is fairly neutral edging into bullish positioning on the euro. It talks about the pain trade in the euro moving higher. Interesting to keep an eye on that. Also, on peripheral spreads. As we see money moving out of equities, continuing in the session from yesterday, we are still seeing eels move higher in the bond market in the sovereign space, thats yields move higher in the bond market in the sovereign space. Look the spread between sp
And im watching copper acteding better than expected up 1 . Now for a quick look at the week ahead. It is quite a week. Tomorrow earnings from bank of america and Goldman Sachs. Then Morgan Stanley. Then the inaugural meeting of the u. S. China economic dialogue will take place in washington. At 8 30 on wednesday we get u. S. Housing starts data. Economists forecast a jump for the first time in four months. Then thursday, followed by the president 45 minutes later. And the bank of japan will release its Monetary Policy decisions. At 8 30 eastern its weekly jobless claims. Then friday well have earnings rom General Electric and honey well. And then shell watch her episode of game of thrones. Overnight we have important and encouraging Economic News from china. Joining us now from hong kong, it looks like a beat pretty much across the board. Take us through it. Good morning. A big set of numbers for china, shows that theyre on tract to contribute one third of Global Growth this year. Its