High berlin and moscow criticize sanctions against the gas pipeline accusing washington of interfering in internal affairs. Credit suisse, confirms it had former executive board member followed after the domestic regulator opens a probe at the lender. China plans to reduce tariffs on more than 850 goods as it looks to boost imports in the coming year. According to the finance ministry, beijing will lower the rates for goods such as diabetes drugs and frozen pork to help with shortages caused by the swine disease. This as the second largest economy faces slumming growth and trade tensions with the u. S. President donald trump says progress has been made in the socalled phase one trade deal after a phone call with president xi on friday u. S. Leader tweeted he had a good conversation with his counterpart and a formal signing of the agreement is being arranged chinas news agency reported during the talk the chinese leader expressed deep concerns about the, quote, negative words of the u.
Crucial vote later today we want rules based order because we know it is better for all of us. We have to do it the european way. The european Financial System marks the 75th a anniversary as one of its keystone institutions looks ahead to transition. Well speak to david lipton in his first broadcast interview since assuming the acting managing director role good morning ursula van der leyen has told meps that the continent must stick to its free market rulebased traditions in the face of a changing Global Economy. In her pitch before the European Parliament in strasburg, she said the eu must be able to hold its own with the likes of the u. S. And china with that, lets get out to david lipton who joins us from paris where the bank of france is marking its 75th anniversary. Last time we spoke was a couple month months ago since then theres been a few developments on your side, namely your former colleague, madam regard lagarde will be moving to the presidency of the ecb. Can we give an
Good morning, everyone it is friday many people are probably thinking, thank goodness that its friday. After all the backandforth between barcelona and madrid it has impacted the spanish equities quite a bit but not the european ones. Were trading slightly to the uptick of 0. 3 we are trading close to fourmonth highs and we are on track for the fifth consecutive week of gains for these European Equity markets. Taking a look at the indices one by one, this is a picture of the ftse 100 under pressure. The cac 40 holding on to the flatline and the xatra dax, we are close to the level after hitting a record high in the morning trade. The ibex 35 is up. 2 . We are still waiting for the debt line that happens on monday when it comes to the sectors, this is the view this is the up individual stocks weve got some of the best performers here. On the downside you have expe experian i guess we dont have sectors . There we go, oil and gas and tell kons mo tellcons are ticking up. And many reports