End Coal Financing being undermined by new credit from china and japan. Lets take a look at the markets now. Looks like very much like the past couple of weeks although potentially more so. Very volatile, s p 500 futures have begun to trade and we automatically have begun to see a decline of 2. 8 . We saw last week a gain in the u. S. The s p but the average move was three points. Olatility is still reigning sustaining stocks losses for a second day. The safe even been coming back coming safe haven bid back strong. The u. S. The yen is strongest since the 2016 election in the u. S. A rough day, 41 a barrel for oil. Now investors are expecting more. Lets take a longer look at wti crude. Not even not only did the meeting in vienna not result in agreement, but saudi arabia has initiated an allout price war saying they will pump 10 Million Barrels a day next month. Some analysts are expecting 30 oil prices again, near the lowest level over the past two decades. One analyst said he sees pot
Live. A commodities crunch. Metals and oils we on asian markets. Lets look into european trade. Of 570expects charges million euros. The ceo will unveil new financial targets very shortly. Are less than half an hour away from the open. Lets take a look at the equity index futures. Pointing down on the continent and substantial drops for futures, more than. 51 each. The ftse futures are all changed yields heading down, 33. 5. Guy mark carney is talking about stress tests, lets listen to what he has to say. No take needs to strengthen its Capital Position as a result. Informed by the stress tests and risk analysis we judge the Banking System can continue to support the real economy even in the unlikely event of a disorderly brexit. At the same time, we have identified a series of actions the public authorities and private Financial Institutions need to take to mitigate some major crosscutting Financial Stability risks associated with leaving the European Union. Irst scenario assesses str
What does that mean . Hello and welcome to bloomberg daybreak asia. Im haidi lun. Betty i am betty liu at the mobile headquarters in new york. Weve got one i clearly watching what is happening in the korean peninsula. In the meantime, we are watching what is happening here in tax reform and u. S. Markets. It looks like tax or formal possibly passed by the end of the year and markets will move higher,. I want to pull up a chart that shows perhaps a little bit of a warning sign. It just shows you the valuation of snp stock versus the euro stoxx 600uro companies. You can see how the valuation so muchinues to widen, so that it has some investors saying even if stocks rally, maybe there is better value in other parts of the world, particularly europe. Maybe it is europes time to shine next year. Haidi absolutely. It is interesting, this idea of momentum and sentiment driven rally we have seen. Haveore record highs we seen overnight as we get closer to closing out the year. Usuallyet period
Concerns. They stopped short of a fullscale breakup, leaving estors questioning how big how quickly she can recover. Thats your Bloomberg Business flash. Matt thanks for a much for that. The president of zimbabwe is said to be step down. After a week of confrontation with the government, the forces have said action was needed to stave off a violent conflict. He is 93 years old. Whats the latest . It seems the situation is extremely fluid. Himself planning to step down. Theres a lot of secrecy. Not a lot coming through in regards to news on a regular basis. But we are hearing news that deal fore is negotiating a he and his wife to leave the country peacefully. This is the one people are looking to to take over at this point in time. Would it be guy what are the southeast south africa . What would they leave behind . South africa would probably be the first destination. Politicians seek asylum enzo oblique from here as well. A would say we offered it to use so you need to offer to us as
Emergency wait ways, for public safety, we did chose to put them down. Reporter now the bulls body ways still behind me, suspected to handle will be showing up shortly to bring his body back to the slaughter house. No officers or civilians were injured. Reporting live,al sand that hoff, cbs3 Eyewitness News. Alex, thank you. Federal and local investigators are working to track down the person responsible for an explosion and explosive device that blew up and injured a center City Resident this happened around 4 00 on the 1800 block of pine street, near Rittenhouse Square. Eyewitness News Reporter greg argos has been following this story all day and has new information tonight, greg. Reporter jessica, good evening. The right now there have been no arrestness this case. Atf has brushed what remains of that bomb, in their lab in virginia and they are hoping to have it fully analyzed within the next 24 hours. Normally a quiet block in the Rittenhouse Square neighborhood. Investigation is i