Lets take a look at other Asset Classes as well. The big news as we talked about, ftse russell adding chinese bonds to the global bond indices so we are watching chinese assets very closely and we are looking at, when it comes to evergrande, that is a stock that has been seeing a quick turnaround after the stock fell 5 . A looming cash crunch. Bond yields slightly higher here aday, and we are looking for dollar that is looking slightly weaker but steady. We are set to end the week stronger by the most since april for the greenback. The aussie seen quite a slide for the currency this week. We are seeing a bit of a lift in the renminbi on the ftse russell decision and the lira here. Turkey surprising with the rate hike yesterday, but the dollar weakening, a big story here today. First word news. Karina mitchell in new york. Karina good friday morning to you. The Trump Administration has been ordered to delay its ban on tiktok. The judge gave the administration until 2 32 agree. O a delay
They go south and what do we really do . This is bloomberg surveillance with jonathan ferro, Lisa Abramowicz and annmarie hordern. Jonathan bramo got so bored with this market that she took the next two days off. Yesterday, 5187 in this equity market going absolutely nowhere. Dani burger is in the hot see this morning, good morning to you all. Amh is down in washington dc and we have a lot to talk about starting with central bank decisions. Some might say the global easing cycle is underway. First out of the gate is the s b bank than the ecb. Dani you brought the fake britt joining the real britt. The swiss and the sweetest have already shown as theres a willingness to not just go before the fed but before the ecb. The concern is currency weakness. Deutsche bank says actually the sterling will move less than it has the past decade and the rate sensitivity is not as big as it used to be. Jonathan sterling is 1. 24 and that decision is about 15 minutes away. Dollaryen 1. 55. The yen has
We have 10 year yields in the u. S. At 4. 63 . We are looking at what is being interpreted as no more Interest Rates hikes this year coming from jefferson and mary daly and of the dallas fed president larry logan. Lets look in thailand. We have the market up. 6 . The currency has strengthened overnight. And the dollar index moving to the downside. And the indian session suggesting a move to the upside. It is also Consumer Confidence which is up to three year highs which has also generated some positivity. Oil markets are steady and holding on the gains we have seen in the last 48 or 72 hours. The biggest jump we have witnessed in six months. Wti at 86 a barrel. Brent slightly lower. Lets get to the reason why we saw this surge. It is the israelhamas war. Yousef gamal eldin joins us now. What is the latest . What are the moving parts now . We are in day four and the violence and red showing no signs of abating violence and rhetoric showing no signs of abating. Hamas saying theyre willin
Already with more than a day to bat to save the series. Also in the next hour. Hailed as a triumph of modern design engineering, the worlds steepest Funicular Railway opens in switzerland, climbing an incline so steep that specially constructed carriages are used to enable passengers to stay upright. And in half an hour, dateline london reflects on the movement in brexit talks, and asks whether the election of a democrat in alabama really is a blow to donald trump. Good morning and welcome to bbc news. Six people have died after a multi vehicle crash on one of birminghams main roads the Lee Bank Middleway at the junction of bristol road. A seventh person is critically injured. Officers have described the scene as very difficult and upsetting. The midlands today reporter Bob Hockenhall in birmingham gave us the latest. Clearly a very difficult scenes are oui clearly a very difficult scenes are our staff to deal with, to have so many casualties. Clearly the first job is to find out who i
Despite the presence of some brightness towards the east you will end up with a temperature around three, four, 5 degrees. A little bit going on with the weather and particularly on that monday night into tuesday. More details can be found on the bbc website. Hello. This is bbc news with ben brown. The headlines. Six people have died in a serious crash on one of birminghams main roads. A0 firefighters and five ambulances were sent to the scene, which the fire service said was spread over some distance. We were called at 1 11 this morning to the report of a serious collision on lee bank middleway. Three vehicles were involved in the collision in the underpass involving at least 9 people. The government wants to lower the age for automatic enrolment in Company Pension schemes from 22 to 18 in a move to offer more people Financial Security in retirement. South africas governing anc is due to vote for a new leader today, in a close contest that has exposed deep divisions in the party. Now