In the lebanese capital i was so Security Forces that taking a hard line against the protesters last night how is this lack of them to affect the momentum of the demonstrations Going Forward. Well as you can see behind me thousands of people returned to the street yes late on friday the Security Forces the army they used heavy handed tactics they forcibly open roads they used tear gas but people here are really defiant theyre fed up theyll tell you that we really need a change and now with the statements from the hezbollah secretary general there is even more anger basically has a lot of it not so its weight behind the protest movement has been law and its allies control the government they control the parliament and has been has a military wing so people here considered his statements as the some sort of a threat some sort of a challenge because what he said was if hezbollah decides to protest we will change the balance. A power on the ground he also said you cannot topple the Ruling
A lot of the focus is on the tension in hong kong and what that means for european stocks. You can see a shift to the downside. Pound is your time to figure out whether we will see a deal or not. The dup is pushing back on what was optimism in the markets. The u. S. 10 year yield is at 1. 72. To a chiefwe speak executive. They have a new way of looking at risk, dont miss that interview at 11 30. Lets get straight to first word news in new york city. Ohio, joe biden defended his son against Donald Trumps attacks and Elizabeth Warren faced criticism of her how she would pay for her vast government programs. But the Democratic Candidates reunited on one thing, the need for an impeachment inquiry into President Trump. President mounting on and kara ankara. They face sanctions and accusation of war crimes. Moscow says the operations are quote unacceptable. A former pentagon chief says that recent actions could lead to a return of the Islamic State in syria. Surprise injection caught traders
President. Dont miss it. Manus warm welcome to daybreak europe. Times we have rocked from 1 up to 1 down. Its amazing how those numbers come alive. Is there a deal on the way . Between china and the u. S. Nejra if we get a partial deal, how long could that sustain any gains we might get in risk assets . Would it be enough to turn around the economic damage that has already been done . Manus indeed. Lets get straight to these markets. Lets get straight to the oil market. Actually, lets get to the fx market instead. One theof the yuan is at a high. The bears were champing at the bit to sell the currency. If there is a currency pact , thatn the u. S. And china could give you some solidification in dollar yuan. At the bottom of your screen, you have the aussie dollar against the u. S. Dollar against ground zero for trade. It is about the durability of the deal. How long can it stay . If it does, it may well help the aussie. Good morning. I missed you. Nejra it has been such a while. 10 day
Bank of america blowing and estimates at least on Investment Banking and underwriting. It is up two point 4 . A little hesitation in the stoxx index. China is threatening to retaliate should congress do something on hong kong as well. Playing into things. The turkish lira is strengthening further, above. 6 versus the u. S. Dollar. Another movement a few moments ago after President Trump talked about watching and negotiating, and trying to calm the situation in turkey. The Vice President and secretary of state traveled to turkey later on today. Guy we will see what that produces. European stocks are down, but the pound remains focused. But, fading its early rally. European stocks are also coming to the neutral mark. The stoxx 600 is only down by. 1 . Turkish stocks are lower. We will be talking turkey a little later in this program. For now, lets focus on brexit. The headlines with sterling over the last few hours, and of the u. K. Assets as well. Running us to figure out what is going
Political parties in order to inform them of my thinking and to prepare the way for the house of commons to do its work for the leader of the Main Opposition Party jeremy cool then has called all new Boris Johnson to resign. And i invite Boris Johnson in the historic words to consider his position. Of the e. U. And big. And they come they and because i got that message and become the shortest serving Prime Minister this ever be. Well now from our correspondent there his that at the Labor Party Conference. Here in the Labor Party Conference people were glued to the screens in their mobile devices watching the scenes in the Supreme Court when the decision came through there were a lot of cheers lots of people patting each other on the back and then within minutes the party leader Jeremy Colvin unexpectedly popped up on the main stage now he said well of course he welcomes the judgement he said it shows that Boris Johnson has acted wrongly he said hes shown contempt for democracy and the