What should be done with the stone or from africa. This is being hotly debated on both continents. Stolen soul destroyed september 7th on g. W. The incredible shrinking economy india posts its was the Economic Performance in a quarter century the numbers are even worse when you figure in the all important Informal Sector. Logistics firms join the race for a Coronavirus Vaccine that constructing sub 0 storage holes for what it could could become the worlds biggest logistical challenge. And i didnt see no diffuses fears of a messy default agreeing to a massive debt deal. With prejudice it can set the benchmark for future so very pricey. And then physical and lets do business incredible india was the marketing slogan in this case an incredibly woeful performance and record slump for indias economy a 24 percent drop in the 2nd quarter much holdem focused its the same story playing out around the world straight lockdowns to contain the coronavirus has driven down spending and Investment Ind
Even though it might be a happy new year, not so happy in risk assets. Second down day. Dropping the most in more than three weeks. Caution coming into equity markets and risk assets here at the end of the year. Most currencies gaining against it. Edging out. Yield same dynamic where money is moving out of equities but also out of bonds. The10 year yield, it was arrest the stock the financial world. Carlos ghosn was put on trial in japan. Allegations that he denied. The former head of nissan said he fled to lebanon to escape injustice and political persecution. Lets bring in will. Great to have you with us. Carlos ghosn has been under house arrest and was allowed out on bail in april. How did he manage to get out of japan under such heavy surveillance . Surveillances is in the right term for this. Its a mystery. Has his threed he passports so perhaps he escaped from japan using a different name, different passport. But he was under very tight surveillance, house arrest since april. Ver
What is happening in the World Economy. Working off a couple signs that the Global Economy is losing momentum. We are also getting october area manufacturing pmi instead of the forecast of 46 pounds. Its all to do with the extension. Were hoping and waiting to hear from the eu. We are getting a couple of key decisions and we have the ecb a little bit later today. All eyes on mario draghi for his last News Conference. Bank norges bank leaving its key rate unchanged. Shares are down 22. 5 and we will have a full roundup of all of your stocks. Coming up, we speak to the acting chief executive of air shuttle in about 10 minutes. But first, lets get straight to first word news in your city. Agree theysadors should accept the eus request for a third extension of the brexit process. Splitey are reportedly over how long to grant the extension. The french are pushing for a tight deadline but many other countries want to permit the three months officially asked for. Johnson was forced to ask for
I am dani burger along sign jeb bush alongside jennifer zabasajja. Fresh data shows the Services Sector in china was as low as rates this year is in august. Bloomberg economics says china may never overtake the u. S. As the worlds biggest economy. Lying low. Philip lowe the governor of the rba these Interest Rates unchanged in his final meeting to warns that some further tightening your choir. May be required. Country garden avoids a default with lastminute payments on dollar bonds. Happy tuesday. It is great to be back on the show with you, jen. Jennifer it is great and thank you for having me. Dani you are a pro. You had the rains yesterday and everything was great but it should be a morning of relief. We have the u. S. Dollar bond payment from Country Garden and goldman seeing a lower chance of recession. Someone should tell the markets that though. Jennifer we should see whether or not the u. S. Will reflect that when they are back from Labor Day Holiday. Lets look at s p futures a
Jonathan lets get you to the weekend. Live from new york city, good morning, good morning from our audience worldwide, we are closing out the week and heading towards the weekend, looking for four weeks of gains on the s p 500 with a sprinkle of fed speak. Kashkari, daily, and for the really committed, sunday at chairman powell commencement speech. Lisa im sure everyone around this table is very committed and some are double dipping this week. Yesterday, fed speak was kind of the same, higher for longer to gain confidence. I want to bring you to raphael bostic. If things dont go that way, im not locked into policy but if they go that way, he could see a cut by the end of the year. Annmarie i love how that is the most dovish thing you can get, but this week has shown us that there is a difference between relief and surprise. The data that we got was relieved. Surprised was the First Quarter. This week was relief, the market maybe starts to see buying and it backs off with fed speakers w