Watching closely with moves on tiffany over the weekend, but also what weve had brexit developments, investors still watching whether there will be an extension to void a hard brexit last minute and what that deadline day will be were also closely watching developments around trade and suggestions there has been some progress in phase one of a trade conversation between the u. S. And china. All this as we count down to the fed this week and markets, were talking to our guest host, andrew this morning, maybe there will be disappointment for the rate cuts and might disapaint from market views. An event risk week is now a market tilting into the red at the start of the session lets dive into someof this green and red as we begin the trading day. Towards the bottom of these charts this morning in terms of underperformers that were watching by a sector level versus some of the outperformers at the start, autos at the top, banks at the very bottom of the boards trading down by. 6 asia won th
Lvmh sets a trend after Third Quarter earnings sparks a rally. Easing concerns after the impact of unrest in hong kong eurozone finance ministers agreed the 17 million budget. The group tells cnbc the new package is now ready to go this will be in the corner of financing the eurozone today and in the future. It is fully operational. This is the important thing. A warm welcome to street signs. Taking a look at european markets. Despite a strong hand over from wall street which you saw stocks rebound. We saw european stocks under pressure and down 0. 4 it has been a fairly choppy trading session. We have a number of different headlines in the runnup between the days highlevel talks between the u. S. And china and the state of the relationship between the negotiators. As you heard, china has urged the u. S. To stop putting, quote, unreasonable pressure on chinese companies. In addition, keeping a close eye on brexit. Hopes fading around the prospect of coming to a deal. European stocks tr
No way confused with the services we do bloi after a financial crisis brexit talks are on the verge of collapse. Here in london, saudi aramcos ceo will be in full output the ipo could be published by the end of this month. Good morning. Welcome to street signs. I want to take you to the price action weve had markets were off we had a heavy session the dow down 2 . S p down 6 . Tech, nasdaq down. As tension is heating up ahead of those all important trade discussions set to take place tomorrow the latest develop that the u. S. Is applying visa restrictions in addition to adding more and more companies to the black list. This is the first time we are seeing the u. S. Wrap in Human Rights Concerns into the economic dealings. Reaction has not been very positive a negative tune and session for asian markets. By the end of the session, it was the worst session in the week for the asia pacific indices as a whole what we saw in europe at the open, we had a slightly negative start to the day yo
He doesnt get to tweet out orders to American Companies. Thats not the way our democracy works. Just as representative seth moulton announced his withdrawal from the race, the president tweeted this message blaming the representative for massachusetts for the dow being down 573 point. Look, im glad he thinks i have more influence over wall street than he does and the dow is disappointed im not in the race. New york Entrepreneur Andrew Yang responded to criticism that with a wide field of candidaes, the party needs to focus on unity. The voting is months and months away. Were headed to the third debate. Im not concerned at all about people thinking there are different ideas and visions for the country being presented. Thats what youd expect at this stage. Reporter and back out here live, its been kind of funny, actually. We have hotel guests who areersw had ia at this summer meeting was happening. You can see they are a little bit confused as they try and weave in and out the crowds. We
Encompassing the stock markets and generally, we are seeing. 5 to the downside. Bossuropean central bank suggesting the door is open in perhaps september or thereabouts. In august, they are off on holiday. People factoring that in as but they bad enough, want something straight away and didnt get it. A raise and then settling down to be unchanged at 1. 11. Brexit, the European Commission saying they will not give Boris Johnson an olive branch and renegotiated deal. That hasnt affected things but given the makeup of his cabinet, the path ofeeling least resistance for sterling against the dollar is to the downside. Yen, stable 108. 64. U. S. Dollar index, unchanged at the moment. Lets find out what is going on. In sydney, weve got paul allen with the first word news. China is dismissing the claim that deliveries involving huawei products are simple mistakes. Chinese authorities also suspected fedex of holding up u. S. Bound deliveries involving the equipment. Last month, fedex said it ca