Border protection Officials Say that they encountered about 52,000 migrants at the border last month, down about 65 in may of one of 44,000. President trump had threatened to impose tariffs unless the country helped to stem migration. Bloomberg has learned the u. S. Is moving ahead with talks on restricting capital flows into china. There is particular focus on limiting chinese stocks and u. S. Government pension funds. The u. S. Supreme Court Appears to be divided over whether federal law protects gay employees over being fired because of their sexual orientation. Todays hourlong session suggested that gay rights advocates had the chance to win the votes of conservative Justice Neil Gorsuch along with the four liberal members. Separately, the court is considering whether the main job bias law, known as title 7, outlines lgbt discrimination. Global news, 24 hours a day on air and tiktoc on twitter powered by more than 2,700 journalists and analysts in over 120 countries. I am Mark Crum
Inflation object target. It has put a rock under the kiwi dollar, sending it down 48 pips. Im looking at the crosses. 64. 7, 64. 8 u. S. Cents. We were looking for 25 basis points. The wiggle room being created by the Federal Reserve and despite comments from wellknown and of Jimmy Bullard who had suggested they take into account the , he turned aors bit hawkish. David they announced the inflation reaching 2 in the fourth quarter, Second Quarter of 2021. Fourth quarter of that year. They are pushing a goal back. They said this larger initial stimulus, frontloading it. They not only cut, they delivered a larger cut, taking the cash rate to 1 , which should be the lowest on record. Kiwi dollar, headed down. Give or take 1 . Rishaad lets look at the overall markets because that should give a semblance of the Way Investors are looking at all this. Shanghai, up a little bit, it is green. Hang seng down and extending losses we havent seen since 1984. This is a position we have. U. S. Shares
Forecast of 107. 3. The expectations, again, was also better, the consensus was about 104, came in at 106. 3. Euros back up to the best levels of the session against the dollar on the back at 1. 1. 3519. Bund futures also extending losses after that data as well. While we listen in on mr. Draghi, Quick Reaction on that from ricardo. Weve seen germany outpacing the rest of europe. Still continuing. Yes, looks like things are picking up a bit. We saw it yesterday from the pmi as well. Both manufacturing and services. It will be interesting to see if there is their Service Sector survey improved in november. I think it did improve in november. So, we have much better conditions, and that actually supports my own expectation, which is that germany will see a Significant Growth pickup in the next few years. Im forecasting 1. 7 growth from next year, 2. 5 for 2015. Mr. Draghi is making point we have to set Monetary Policy for the full year. And the next two components of that, france, the ec
Hello and welcome to countdown. Welcome to the program. A big day for earnings. They are crossing the bloomberg terminals. Company earnings have narrowly missed estimates. Income is 9. 1 billion krone. Below estimates, the big story. They lost him to be e. G. And that was unexpected. And are a smaller rival have been for the better part of a decade. They start looking for a successor and the Company Thousand maintain the strategy of cutting costs to raise shareholder returns. Projectioned earlier targets and started implementing the Efficiency Program with cash 2016. Perations by is output for the quarter of 1. 79 6estimates million. Oil production targets have missed, as well. With theur interview ceo for the time being while they look for another one. He will be joining us. They will discuss the earnings and the search for the successor. Thet is continuing to hit sector earnings. They will be reporting later on today. How is the market performing right now . We have the details. Horr
Headline low. This is todays Worldwide Exchange. Im ross westgate. Here with your headlines from around the world. The dollar treasury yields continue to prove surprisingly hawkish among concerns of some about the bank qe program. That may add more to todays strange jobs report which led to spectacular hiring growth. Meanwhile, here in europe, composite pmi shows manufacturing in contraction territory. Well look ahead to uk services pmi in under half an hour. This after the hsbc in china shows a slowdown the lowest since august 2011. Warm welcome to you. 47. 8, services pmi. It marked a fivemonth high. That mean the composite number has picked up slightly. The final composite number confirmed at 47. 2, a little weaker than 47. 3 flash, 46. 5 in november. It is nevertheless the high since march. Perhaps some tentative signs emerging that the eurozone economy may have passed the worst of its downturn, although recovery still looks months away. The december Services Business expectations