Seeing a little bit of a pause. But if you look at the stocks europe 600, a little bit of poor data out there and the prospect of more dovish appointees to the fed. Im also looking at the with the nomination of Christine Lagarde take over the ecb. All of this with euro area june the services pmis, a touch better than i expected. But pmi in general has been disappointing. The u. S. 10 year yield is below 2 at 1. 95. Overall, quite a big move from yields. This is what is coming up on surveillance. Dont miss our interview with loretta melzer talking inflation and treasuries. First, lets get straight to first word news. Waller and judy shelton are present trumps latest nominations to the Federal Reserve board. Of researchrector and was the professor of economics at the university of notre dame. Shelton is an informal adviser to the president and spent decades outside mainstream economics. Her unorthodox views could attract opposition. The Trump Administration abandoned its hardfought battl
Opec supply cuts will tighten the market. It is labor day in the United States and canada, the regular band is out for the holiday and ive taken over for the interim period. A little bit of visibility of what is open. What we know is currently offline are the cash, u. S. Equities and theres also no cash u. S. Treasuries. Many firming up by 1 5 of 1 . The folks at jp morgan and Goldman Sachs making an argument around the story. In terms of valuations those are looking stretched. International equities more attractive. The twoyear german bunds with the country selling 5. 5 billion euros of twoyear government bonds thats coming up at the beginning of this month. A weaker greenback and then brent crude hovering short of 99 a barrel. Lets set the scene with assets in china. China builder shares surging with the nation boosting property support. Shares advancing 8. 7 . Weve taken the real estate index after the country cut down payments for homebuyers and encouraged lenders to lower rates on
From the start of the session. Lets have a look at what is going on. Done. Ally is not average. The today it can go higher. We have the Shanghai Stock Exchange positive. A clear outperformance. This is what we have in the moment. Lets take a look at the here and now. Find out what is going on in singapore. Subdued. Ubdue mostly lower when it comes to sessions there. The deck one races to 10,000. Not look like it is helping in taiwan so far. Take a look at the big picture. Very much as crude focuses on a twoyear high. Taking a closer look, the end Holding Gains that we saw overnight. This is being thrown into the next. In tokyo, we have pharma falling by the most since 2011. Is president of the company to hold a press conference at 10 30 a. M. Local time in what you take a look for the sox, your seating Trading Volume over a hundred percent over the 20 day average. It is a good day for other companies to show you. Are as we head towards the china , thanks. Levelhas raised its alert afte
Hitlers favorite director. And how did he become a forgotten filled pioneer . Lady he finished and the unknown function between hitler and hollywood. In 1932, they sent out into the icy wilderness of greenland to create a life threatening film project that became a major milestone in their lives. Love, seduction, and power. Ice cold passion starts october 8th on d. W. Ah, Credit Suisse has tre, does sweating fairs over the swift land as future that it shares to slump on monday . Well look at whats behind the worry has been described as a financial bazooka, but germany is planned to subsidize gas prices to the tune of 200000000000. 00. Yours is under fire from his ear neighbors and target inflation hit. 83 sent last month, according to official statistics book, independent experts believe its even higher. We look at how to do business on robots in berlin. Welcome to the program. Concerns appear to be growing about the future of banking. Major Credit Suisse shares in switzerland, 2nd big
Taxes the right to levy taxes in the obligation to pay them both inherent in the sovereignty of nation states and their citizens. But what happens when the power of taxation is undermined with wont pay. Taxation takes dont talk to between 1st on the w ah, an unprecedented financial shield raising more than just eyebrow. Germany is 200000000000. Your aid package is meant to protect households and firms from sky rocketing power costs. And his reason for concern among your officials get more from our correspond also on turkish inflation. If 83 percent last month, official say independent expert, believe it is even higher. Take a look at how people are coping galloping price. Im chris over. Welcome to the program. Europes double digit inflation is top of the agenda. As you finance ministers gather in luxembourg blocks record high Energy Prices. The primary driver of european inflation are expected to come in for its close scrutiny. Consumer prices have sort since the beginning of russias w