Treasuries are up in the pound is strengthening. Eurodollar, you can see 1. 10 52. As the focus shifts to Central Banks, a lot is coming up with news this week. We also have to look at renminbi. At seven. 08 7. 08. Some breaking news, a new chief executive at the royal bank of scotland. Alison rose will start at the position from november 1. And makes her the first woman to become one of the big for the over to hong kong, thats where Amnesty International is alleging the police beat be prodemocracy protesters. They also accuse the police of committing acts that amount to torture they would not comment, but say they respect the rights of people in custody. This weekend, demonstrations are expected to continue. And allout war in the case of iran in the country, thats according to the foreign minister speaking to cnn. She denies irans involvement and says he hopes to avoid a conflict and adds iran is serious about defending itself. Benjamin netanyahus days as Prime Minister may be numbere
Things, still seeing the biggest gain or against the msc i asiapacific index as a group. That is currently the position we find ourselves in. David lets bring in our next chest next guest. Changing a lot of the ratings there. India and korea as well. He is here out of Credit Suisse. I wanted to ask about oil. Data out of china as well. Some people were expecting a cut. Where are we in terms of investing in china . The coming nest seems not to be able to find a floor. I think people need to state john take a step back. One thing we stress is the ability for the authorities to provide some offsetting stimulus. That has been true through credit creation and fiscal stimulus. We are to see some monetary easing. Loadsgh i think there are to pull the trigger right now, clearly, pressure is building, particularly on the external account, the current account. I think those oil prices will be offset somewhat by reducing the margin onto endusers on the retail side. I dont think you can escape the
Yield actually lower. Still seeing a bid in the long end, but nothing dramatic appeared to what you wouldve thought when headlines broke saturday. Lets get the update here. Time now for global exchange, where we bring you the market moving news from around the world. Joining us from riyadh is yousef , and Michael Mckee here in new york. We begin in saudi arabia, where aramco tells customers certain deliveries will be delayed, especially in october. Yusuf, give us the latest yousef, give us the latest. Yousef we are waiting for a Firm Response from the saudi government. The Foreign Ministry made it clear that they are going to treat this aggressively. They will defend the land, and we expect a press conference from the Energy Ministry as well to outline the day in a bit more detail the exact damage to the infrastructure. Bloomberg even understands a tour of some of that damage could be in the offing, but at the moment, saudi aramco scrambling a little bit to get those oil barrels to the
Machines and infrastructure back online. Juliette the u. S. Announces a trade deal with japan. For the president , it was important to get a win. The boe stays cautious as the brexit outlook remains uncertain. If you look at the details and negotiations, there is still such a long way to go. Juliette plus, a special bloomberg series highlights Climate Change with expert analysis from every angle. The average global temperature is going to go up a lot. We have to fight Global Warming and have intelligent Climate Change policy. Policy shifts being made are creating new markets. Juliette it is all straight ahead on bloomberg best. Juliette hello and welcome. Am Juliette Saly this is bloomberg best, your weekly review of the most Important News and analysis from around the world. Lets start with a look at the headlines. The week began with a geopolitical shock that jolted oil markets while raising tensions across the middle east and beyond. Saudi Aramco Oil Facilities hit by an airstrike.
The stoxx 600 are flat. The focus is on trade. I would like to point out eurodollar is the one we are watch out we are watching out for after some pretty concerning news out of germany. That was the employment figures. Coming up on bloomberg surveillance, we will talk about the outlook for u. K. Assets. What happens next in the bond market. Lets get to the bloomberg first word news. Viviana Prime Minister Boris Johnson denies he broke the journalist groped a journalist 20 years ago. The year overshadowing Conservatives Party ifservative parties brexit gets delayed he will not resign. I have undertaken to lead the party at a difficult time. I am going to continue to do that. Have a responsibility to do that. I think it is our job to get brexit done on october 31 but to move the country on. Viviana donald trump is calling for the impeachment inquiry to be questioned. He demands he meets the anonymous whistleblower. U. S. House Speaker Nancy Pelosi telling cbs news she is asking President