Attention to what is happening. Very much what we did earlier. This is it this is what Christine Lagarde says the central bank will do. The governing council will carefully assess incoming information, including developments in the Exchange Rate when it comes to simplifications for the mediumterm inflation outlook. Christine lagarde, president , speaking earlier and joining us now. Christine lagarde basically indicates it is ok until there is an impact on inflation. Three ways the ecb can talk about currency. They can talk about principles, how it is not a part of their policy. They get seriously concerned about the movement currency and it could lead to price stability or the aims to achieve inflation goals being undermined. We can go back to worrying more about covid19, more about the growth prospects, rather than ecb getting too worried today. Whenever you see a headline about policymakers, bear in mind the context of where it is coming from. Those comments are in reference to the q
Us mediterranean. The significance for us is we could have a rising which could give us unsettle weather. The trash air rising. A band of heavy rain from the south west and that could be bad. But some configurations have a weakening of rain. That would be the better of the two scenarios. As far as the temperatures go, relatively mild in the south and also mild in aberdeen. Beyond that, into next week, High Pressure still there next week. Low pressure moving High Pressure still there next week. Low pressure moving across High Pressure still there next week. Low pressure moving across the uk and still on the southwards track. Further spells of rain, quite windy at times with the wind is coming in from the south westerly direction. A mild start to the week potentially could turn colder. Hello. This is bbc news. Well be taking a look at tomorrow mornings papers in a moment first the headlines. Prince andrew steps down from royal duties, acknowledging that the Jeffrey Epstein scandal has be
The Prime Minister prepares to ask lawmakers to support his brexit deal. Does he have the votes . We will be live all morning from westminster and brussels. A sterling outcome. Goldman and Credit Agricole remain bullish predictions for the pound, seeing a mediumterm rise to 1. 35 or higher. Kicks off european earnings season with a reiteration of its strong preliminary result. We will speak with the cfo, luka mucic, shortly. Less than half hour away from the european open. Im looking at a three day trade of the pound. We are holding at the high levels we have seen the highest levels we have seen since may. The pound doing quite well at 1. 2925, at one point reaching on 1. 30. Trade to almost it is getting there for sure. Take a look at what we see in terms of the futures trade, just 30 minutes away from the start of cash trading across europe and in the u. K. 0. 2 after s. A. P. Earnings. Ftse futures relatively flat right now. You also see futures gaining in terms of the u. S. Trade.
Put together. For us. I think we are for the listing which will increase our physicality internationally we are a very Strong Company by sharing a lot of information as required by any listed company that will be a lot of analysts that would review our data and conveyed it with other listed companies. Aramco accounts for 10 percent of the Worlds Oil Production and the company has the biggest Carbon Footprint in the World Climate campaigners are worried they want fossil fuel companies to scale back and cut Carbon Emissions not to expand this is a move in the opposite direction. But the economy of saudi arabia must change to survive well cant last forever some analysts say around 70 more years Prince Mohammed bin wants cash to diversify. The prince wants tourism manufacturing and Renewable Energy to drive growth in the post oil world he has major ambitions to transform saudi into a top 5 Global Tourism destination. German car bosses a meeting with lawmakers in today to discuss green and
Not ready for a deal. President donald trump says the United States and china are talking on trade, but not at a stage to finalize an agreement, and talking up the economy. The u. S. Administration has pushed back against fears of a recession. Withresident held a call the ceos of jp morgan, city, and bank of america. Plus, the german finance minister says the country could spend millions of dollars in sustained downturn. Less than half hour away from the start of stock trading. A threeday chart here. The yield continues to rise a little bit as market concerns are assuaged by Donald Trumps statement he is talking with china, that the u. S. And china are talking. That is enough to help global rally, although we mentioned, the chinese rate revamping may be affecting chinese stocks. You are seeing big gains across asia. Big gains well, i dont know about big gains. Gains in futures. They are decent sized. 0. 3 percent. P cac futures 0. 5 . Ftse futures a little more. Lets get to mark cranfi