Im nejra cehic in london. Were checking a third day of declines for european equities. The the stoxx 600 down. 7 . The bloomberg dollar index on track for its first weekly loss in a month. The dollar weaker against yen. The b. O. J. Pushing for more stimulus. Well talk about that more throughout the show and the new Zealand Dollar best performer in this session on the announcement of a new central bank governor. Perhaps that might not hold up with some of the data were going to get next week but thats how were looking in todays session. Coming up today on surveillance, we talk surveillance and get a take on markets later on in the morning. First lets get the first word news. Greenbrussels, giving the light for brexit talks to move on to the next stage. They have complied with their conditions over a future trade deal. Diplomats warned the discussions will be more difficult than the First Six Months of talks. In japan, calling for more stimulus, prompted the b. O. J. To adjust its commu
My chart of the morning has to be with carper copper. ,ou are looking at nineday run the longest winning streak since 2004. What it means for inflation, we will dissect that. David lets find out what is going on outside the business world. Emma some new Jersey Transit riders are facing decades of tax hikes to subsidize a new 12 billion into manhattan. Outgoing new Jersey Governor Chris Christie proposed a surcharge in his state until at least 2038. He canceled the hudson river rail tunnel in 2010, saying he did not want to burden taxpayers. The great lakes is dealing with recordbreaking snowfall. Yuri, pennsylvania was hit particularly hard with 63 inches of snow since christmas day. At least another five to 10 inches are expected. Chinas leading policymakers plan to discuss amending the National Constitution for the third time since 2004. The decision was made today at the meeting headed by the president. The party will convene in january. There are no details where possible changes c
That immediately it became all of these counter activities, efforts not only to not move forward but to push us backwards. I thought that resistance in itself was so disturbing because it confused the picture, and really the action was more like this was about bussing and not about school, that it was not about openness, but it was about trying to get new privilege to people who didnt deserve it. That i thought was very detrimental, not just to the children and parents who were involved but i think to the society. Now, you enjoyed an integrated education. Yes. So in that sense you enjoyed what brown might have meant. Thats right, and thats what i thought. I said, now, because and i have until i was an adult i had never had a negro teacher, and so my teachers were interested in me, the parents, boys and girls all shared things together, and i thought, well, this is what school ought to be like, and i thought at last we had it. Well, the decision didnt have an effect on your education, b
That immediately it became all of these counter activities, efforts not only to not move forward but to push us backwards. I thought that resistance in itself was so disturbing because it confused the picture, and really the action was more like this was about bussing and not about school, that it was not about openness, but it was about trying to get new privilege to people who didnt deserve it. That i thought was very detrimental, not just to the children and parents who were involved but i think to the society. Now, you enjoyed an integrated education. Yes. So in that sense you enjoyed what brown might have meant. Thats right, and thats what i thought. I said, now, because and i have until i was an adult i had never had a negro teacher, and so my teachers were interested in me, the parents, boys and girls all shared things together, and i thought, well, this is what school ought to be like, and i thought at last we had it. Well, the decision didnt have an effect on your education, b
Lets have a look at where european equities are straight ours trading right now. European stocks dropping for the first day in five. You can see broadbased losses 1. 4 ,germany down eurozone stocks down more than 1 , spain lower as well. If we look at the epic space we fx dollar weakness space we see dollar weakness as well. After that Health Care Reform bill, the dollar at an 11 months low. The euro gaining against it. 1. 15 against it. Sterling weakness coming through after the u. K. Inflation data unexpectedly softened off 3 10 of 1 . In the fixed income space, yields coming down both in the core and the periphery. We are seeing gold bid along with the yen for todays session. Crude is at 48 a barrel. Digging into equities, it is what happening with different Industry Groups. Tech stocks leading in the losses. A lot of that down to ericsson. Perhaps some of that feedthrough, with what we are seeing in u. S. Financials. Materials also lower. Commodity losses leading the gains yesterda