Knowledge. Today. David. W. Bush. The Us Federal Reserve cuts Interest Rates as expected but leaves investors guessing its further steps later this year but the lack of clear signs also upset President Donald Trump will have the details. And also on the show the federation of german industry speaks up against a hard break sit and urges london to stop what it calls disturbing politics. For business on the w. B. Im how you get us its good to have you with us the u. S. Federal reserve has lowered its benchmark Interest Rate for a 2nd time this. Here the Central Bank Hopes the quarter percentage point cut will help cushion the u. S. Economy against a global slowdown worsened by the us china trade war the move could help strengthen business fixed investment and exports which the fed says have weakened the u. S. Central bank has also faced intense pressure from President Donald Trump to cut rates amid washingtons ongoing trade war with beijing. And for more on the subject were now joined by
Where is home. With their family scattered across the globe. Looking. To. Turn back to the roots to gather minutely. The shards family from somalia live around the world. Want to come to me to urgent assistance to. The family starts october on d w. The u. S. Federal reserve has no surprises for investors it cut Interest Rates as expected but left them guessing its further steps later this year the lack of clear signs also upset President Donald Trump will have the details. Also on the show the federation of german industry speaks up against a hard break said and urges london to stop what it calls disturbing politics. For business on the w. I am here yet i guess its good to have you with us they u. S. Federal reserve has lowered its benchmark Interest Rate for a 2nd time this year the Central Bank Hopes the quarter percentage point cut will help cushion the u. S. Economy against a global slowdown worsened by the u. S. China trade. War the move could help strengthen business fixed invest
Events plus the as the worlds most popular Muslim Country booth ties with russia, we sit down with a permanent, in the nation social say, go for his take on the shifting global geological picked out the west is no free from one side of the future. So it is a huge gemini, and sometimes it gains these nomic world. The a very welcome to you. Youre watching all the international with the latest. Well need that date. Its a pleasure to have you with us on top story this out as the muslim, well, dentist, its how many months of ramadan is where the forces of violently prevented was just as the younger been faulty from entering the ill ask the most gonna east jerusalem. The, the dramatic stage and the same. So it was idea of troops pushing back a crowd of muslims at the gates to the well renowned crowd or a number of women as well as young and old. The arabs were biesen with such homes as they attempted to answer is very well. So as these came the working to ensure freedom of religion while pro
From thelso hear former ecb president. Europes Economic Performance under the microscope. Looking at how costly of brexit could be for investors. And the latest on from versus clinton. Lets started off with the rush into Government Bonds winding no reversing today. Where we are with prominent investors and where we might be going. Was here, which brings the question if we are with heading into negative territory in the u. S. . We are seeing record lows, as. Ou say to fea everybody is buying bonds. If everybody is in the same trade, the potential for disaster decides to get bigger and bigger. Bad job report, you buy treasuries. Find a safe place to park your cash until you know what is going to happen. Moving intorybody the bond market, short term paper is becoming more expensive and harder to get. Investors are being pushed out the yield curve. We have the impact on longerterm bonds. The citibank macro risk indicator, how concerned people are about where things are going short but thel
Issues. About 30 minutes into the trading day in the u. S. Lets into the markets desk. Julie the preliminary reading on Consumer Confidence for june coming it at 94. 3, a slight decline from 94. 7 in may. It is above the slight average economics economist estimates. It was rated stronger than at any time since 2007. That is the fascinating figure from this. Tothe same time households not see the economy growing as fast as they did last year. That is what accounts for a little bit of slowing in Consumer Sentiment. The broader economy appears to be what is weighing on investors minds this morning. Not just here in the United States but around the globe we have seen a selloff as investors are trying to gauge the ability of Central Banks to stay off some kind of Global Economic downturn. Also people not necessarily wanting to be long in the weekend ahead of the week for the Federal Reserve that the bank of japan are meeting, and then ahead of the brexit vote. The nasdaq down by 1 . What we