Well get advice from other mums who gave birth at the age of 50. Hello. Welcome to the programme, were live until 11 00 this morning. As always, well bring you the latest Breaking News and developing stories and were really keen to hear from you. A little later well be hearing how four days into january some fat cat bosses have already earned more this year than the average british worker will earn in the entire year your thoughts on that welcome. Use the hashtag victoria live and if you text, you will be charged at the Standard Network rate. Our top story today. Britains outgoing ambassador to the European Union, sir ivan rogers, has strongly criticised the governments preparations for brexit. In his Resignation Letter he said he didnt know what ministers Negotiating Objectives were and called on his colleagues to challenge what he called Muddled Thinking. Our diplomatic correspondent, james landale, reports. Sir ivan rogers has been britains ambassador to the eu for three years, and
M alloway. D in tracy yousef, there is a lot going on posted Donald Trumps inauguration. What are you looking at today . At thislets look chart, what is happening with the dollar index. Quite a few moves in the dollar the last week or so, and you see that big move to the downside, that is when donald trump first said the dollar was getting a little too strong and then he got upside movement. Context,chin put saying this is a longterm view about the u. S. Dollar. Fortunes of 1 , this is the move you should be focusing on. Capitalsupported by the inflows, tracy. Tracy yes, you think about the strong dollar. Actually the dollar is basically flat for the year. Its down a little bit. Absolutely. Definitely concern about the sustainability of this rally if you look at the dollar index and how it has performed. The rally has been incredible, but the likes of citigroup still think you have not seen anything yet. Theres still plenty more to come. All right, this will be a theme in our show. Let
Clues for President Trumps fiscal policy and tax cuts. We are 30 minutes into the trading day. Abigail doolittle has what is going on beneath the surface. The dow s p 500 and the nasdaq trading down ever so slightly around the open. This does follow weekly declines for the major averages. Two weeks of decline. On pace for a third week down. Worth noting that was the most since the middle of october. A little bit of bearishness. Arequestion is whether we going to see a burst of intraday volatility. Be seeing these bursts of volatility, but when we take a look at the we are looking at a very tight range of the s p 500. It has been 30 days since the s p 500 has made a 1 move up or more. And it has been a record since 2006, a record of 70 days. We are seeing more volatility on the day, but on a closing basis not so much. It will be interesting to see if it does catch up. Aroundthe movers here the open, we are looking at qualcomm. Its worst drop since november 2015 since apple put out a law
Months. Haidi the u. S. Rebukes plans for north korea following the weekend show of force. China urging coma on both sides. The lira jumping as president erdogan claims sweeping new powers, the biggest changes in turkey. Dump in ans data hour, looking at First Quarter growth, 6. 8 . Lets bring up this chart, 6839 showing the potential for further gdp growth looking ahead, the blue line indicating that target the government put andlace, anticipating 6. 5 2019, a six. 8 handle, but the data dump continues and we have industrial output, retail sales, and fixed Asset Investment, all of that out in 60 minutes. Not exactly the most surprising of indicators. We were expecting that 6. 8 for a Second Quarter, but the question is whether it is sustainable, and also at what cost good we had credit numbers showing momentum in terms of money supply, shadow banking still running hot and china, so we dig deeper into that within the next two hours. We are 30 minutes away from the open in china, that s
Are headed for a week of gains on the stoxx 600, up to four weeks of losses. Crude is the story. Wti down two percentage points, about 40 bucks a barrel at 40. 66. The Iranian Oil Minister will not be in doha. They are sending a representative. What does that mean for an output freeze prospect for all of them . Lets get to vonnie quinn. Vonnie Bernie Sanders and Hillary Clinton went on the attack last night, facing off in a debate in brooklyn ahead of new yorks crucial primary. They questioned each others judgment and record, the former secretary of state pushing back hard on criticisms of her decisionmaking. He questions my judgment, but the people of new york voted for me twice to be there senator. And president obama trusted my begment to ask me to secretary of state of the united states. Vonnie the debate was their first meeting since the campaign moved into the empire state. Voters head to the polls tuesday. Another casualty of the panama papers, this time the spanish industry min