Markets, yields are continuing to move up. When you look at the japanese 10 year, we are flirting with the zero line. At some point, maybe, we will see if we break above the japanese 10 year. Let me end on this. Some markets are substantially down for the week. The dollar is also seeing a drop. 1 , that is ahead of the u. S. Jobs numbers, which comes out later today. Su keenan is with eyes. She is going to update is with us. She is going to update us. Su lets get right to the newest. We are going to start with china, which has competed has repeated it is going to remain in close contact with the u. S. Over trade. Reports suggest the two sides montharing a recorded 20 spat. The u. S. Intends to impose duties on more chinese imports if a deal is not struck by december 15. A new report says Political Uncertainty in the u. K. Is planning have playing havoc with the job market. Wage pressures continuing to ease. The Employment Federation says companies delayed or canceled plans last month.
Currency, shareholders protections and climate related financial disclosures. This is an hour and a half. Today we will receive testimony from the securities and Exchange Commission jay clayton regarding the work and agenda of the sec. I thank you for your willingness to appear before the committee today, mr. Clayton, your willingness to testify is essential to our oversight of the sec. The mission of the sec is to protect investors, maintain fair, orderly and efficient markets and facilitate capital formation. It plays a Critical Role in ensuring that our nation has Capital Markets that the public can have confidence and trust in and for investors as americans prepare for their futures they may not only have a wide variety of financial opportunities, but they also have the information necessary to make informed investment decisions. Chairman clayton, you came before this committee a year ago and assured us that you would continue to take steps to ensure that the u. S. Capitol markets
Slowing economy. Joining us for the hour, stephanie link great to have you. What do you make of this market right now . I have fatigue over trade i really do. Its impossible every day it changes. So im trying to ignore it and focus on fundamentals. Today i thought we got some good data on the economy. The philly fed better than expected vince were better than expected meaning he they went own maybe were bottoming. Lets see the flash pmis tomorrow existing home sales up 5 yearoveryear good consumer, lets talk retail earnings have been very good Minus Department stores and some one office. I think that bodes very well for the consumer fatigue over trade but excitement over m and a. Very much so. Im still excited by trade. Im more excited about bristolmyers closed earlier than expected. Thats a great story for 2020. So theres a lot underneath the surface to this market of whats going on and thats what im trying to focus on versus trade. Lets get straight to that big story, the potential c
Spending, good domestic momentum, but facing these headwinds in manufacturing. We are in the moderately accommodating stance, and thats appropriate. A shallow dip. Technicaloks at a recession. But this month data points to stabilization. We will be live in frankfurt for the reaction. Welcome to daybreak europe. Numbers coming through on the bloomberg. Let me get to those before i take you through the markets. What we are seeing from rwe is that its raising its standalone and that forecast for 2019. That is the red headline coming through here. It is confirming its dividend target for 2019. It has a ninemonth standalone itda is 1. 5 billion euros versus 1. 3 billion euros year on year. There are raising its Profit Guidance on the return of u. K. s capacity payments. It has raised that profit forecast for the year on earnings in its trading position and the reinstatement of the u. K. Capacity market designed to protect supply. That is what we are getting through from rwe. We are also loo
Health charity, mind. Regardless of who the biggest band in the world is, you will have to realise that youre going to be polishing ed sheerans boots. In a world exclusive, Coldplays Chris Martin speaks to the bbc about why hes taking the band off the road to save the planet. And england make a promising start to the first test in new zealand. Theyre 241 4 at close with ben stokes 67 not out. Good morning, and welcome to the bbc news at 9. Lawyers for women who say they were sexually assaulted by the convicted paedophile, Jeffrey Epstein, have urged the duke of york to give a sworn legal statement about his links to the american financier. Prince andrew said yesterday he was willing to help investigations into epstein if required. Hes also withdrawing from public duties because of what he called his ill judged association with epstein, who killed himself injail. 0ur royal correspondent Nicholas Witchell reports. He and Buckingham Palace accepted his position had become unsustainable. I