Pmi data for the euro area. Look at european equities. We are trading down. 8 . The forecast was 52 so it is a miss on the composite. We are already seeing Euro Weakness ahead of this so we might see a leg lower in the euro. European equities on the back foot which is a divergence what we have seen with u. S. Futures. Mixed messages over the weekend over whether there is optimism or pessimism coming in over trade talks. He drop of the 10year yield brent crude is coming off the highs from earlier. Concerns around iran and the speed of saudi a ramp saudi aramco. We are live at the Labour Party Conference to speak to the director general. That interview with Carolyn Fairbairn is that 9 45. Viviana and the u. K. , that is where we begin. Boris johnson is the latest leader to say iran was behind the attack on saudi arabia. He made the comments to the u. N. General assembly. The comments coming at eight tough time for tehran. It. Denies i am not confident, i am confident that we can not star
These are your markets with a little bit of uncertainty because of a drone attack in saudi arabia over the weekend. Trying to figure out the implications for the middle east and geopolitical tensions. This is what we are seeing in european stocks. Crude oil off the highs we saw the last couple of days where it surged from 17. Press conference from Boris Johnson yesterday, a little bit of weakness when it comes to pound. Watch out for the Supreme Court hearing. We are expecting it couple of days but it starts today on the thingsy of some of the parliament but also the government are trying to do with brexit. Economic nobelhe prize winner coming up at 11 a. M. London time. Lets get the first word news. Vivina in the u. K. Is where we begin. The Supreme Court starts hearing the case against Prime Minister Boris Johnsons suspension of parliament. At the center of the debate is if the decision is a matter for the court. The court may not rule until next week. President trump says the u. S.
We see a bit of a drop when it comes to european stock equities, down some 0. 4 . A lot of the focus is on what Central Banks will and wont do in the upcoming days. Looking at pound, because of herschel he parliament and the suspended. Rogued, 1. 63, soear yield at it is stabilizing a little bit. We will be speaking to a Morgan Stanley chief executive. That interview coming up at 7 30 p. M. London time, but first, lets get straight to new york city and the bloomberg first word news. Of the chineser communist party taking aim at comments from a peter navarro, saying they are unconstructive lies. The president ial advisor is considered a hawk. He has repeatedly accused china of seven deadly sins. The peoples daily says such comments are preposterous. Te winningster con the first of two confidence votes in the italian parliament. Withomised to work closely brussels on a 2020 budget featuring lower labor taxes and a minimum wage. Later today, his Government Faces a senate vote. Factory pri
Trumps latest trade rhetoric calms markets, but unease sets in with futures wavering in europe and america. Close to a coalition . Italys fivestar and democratic parties are near agreement on a new government with Giuseppe Conte staying on as premier. Said he would be open to talks with the u. S. But only if sanctions are lifted on his country. Matt less than a halfhour from the start of european trade. Take a look, first off, at gold holding gains. Not as high as yesterday, before the start of the g7 and biarritz. Hit 1533 per troy ounce, but holding onto what we saw the last couple of sessions. A look at the futures. Kind of a mixed trade, looking at futures that are down in terms of the ftse, about. 5 . But gaining just as much on the 50. Cac futures little changed, but ftse futures down about. 5 . What do you see on the gmm . Anna a more hopeful trade narrative, perhaps, from the g7, which we covered around exactly 24 hours ago. That filtered into the asian session, and something m
Im julie haener. And im frank somerville. To impeach or not to impeach. The dinner was sponsored by Democratic Party, the theme of the night, heart of resistance. And it lived up to that billing. Ktvus Jana Katsuyama is at the Intercontinental Hotel where the fundraising banquet just wrapped up. Jana . Reporter frank and julie, this room at the hotel was packed with top democratic officials and operatives here in San Francisco and also the state. Even the former dnc chairwoman Donna Brazile was here. Speaker pelosi received a standing ovation but there were also protesters inside and outside who showed the party survived. Longtime political power broker speaker of the house nancy pelosi took the stage to receive a Lifetime Achievement award wednesday night. The San Francisco Democratic Party theme was the heart of the resistance. But it quickly became clear resistance exists within the party. Protesters challenged pelosi waving signs and shouting upset she has not moved to impeach Pres