Close of equity trading. The stoxx 600 down some. 5 . Brought moresaw it than 1 , the biggest drop since august. It is heading for its biggest weekly loss since august. Due to the distribution of Industry Groups broadbased gloss losses, energy and health care leading the decline. But pretty much every Industry Group on the back foot. Its only financial that were up ever so slightly on this imap. Taking a look at the euro, we are seeing a little bit of euro strength in this section. If you look at eurodollar onemonth risk proposal, its interesting. This is fairly neutral edging into bullish positioning on the euro. It talks about the pain trade in the euro moving higher. Interesting to keep an eye on that. Also, on peripheral spreads. As we see money moving out of equities, continuing in the session from yesterday, we are still seeing eels move higher in the bond market in the sovereign space, thats yields move higher in the bond market in the sovereign space. Look the spread between sp
Nearly 48 hours after the devastating earthquake in iran, tens of thousands of people are still in need of help. Well the earthquake struck and at least 460 people were killed after this 7. 3 magnitude quake struck on sunday. The epicentre was here. There have been around 200 aftershocks felt in all those areas, marked in red. The image thats are coming from the area have been a real devastation with thousands of buildings destroyed. Around 8,000 people have been injured during this quake. Thousands more are now facing their third night camped out and during the night, the weather conditions do get really cold. It becomes freezing. The devastation is phenomenal. Iranian authorities have called off rescue operations saying that there is quite frankly little chance of finding any more survivors. If we look at the amount of devastation, theres a lot of road structure damage as well, making it really hard for rescue services to get through. 30,000 homes have been damaged in this quake. The
And says it wants to remove criminals from the government thats as the fight to succeed ailing president Robert Mugabe intensifies well get the very latest from our correspondent on the ground. Plus a big day for same sex couples in australia that country says yes to same sex marriage in a postal poll two thirds of participants backed the change now the government wants to make it law by christmas. And nigerias drowned daughter says italian investigators work to a dent of five twenty six women dumped in the mediterranean we traveled to nigeria to meet anxious families who believe their children were victims of people traffickers. Im brian thomas a very warm welcome to the show a night of unrest in zimbabwe with military vehicles out on the streets and explosions reported in the capital harare but the army says it is not a coup theyre calling it a tie. Argot assault on criminals around president Robert Mugabe promising hell be safe now the army has taken over the state broadcaster and r
Points. Nasdaq advanced 4. 6 . The big story is that the industrials are stalling out here. Thats right. Theyre stalling out while the techs are head rot. What does that mean . You can easily interpret this action on an hour by hour basis, suggesting that we need to be worried about an economic slowdown. But i think that would be a mistake. To me the teches are roaring while the industrials languish, because investors keep gravitating toward the companies that have the most up site in the second half. Now that it looks like the trump steam roller has run out of gas. Remember, is stock market is a forecasting machine, it looks ahead about six to nine months. We thought that the president would repatriate foreign assets, tax cuts and lots of deregulation. Wall street is enamored of him. Which means the stock market likes him very, very much. Now were getting deregulation in spades. Just last week, the president presented two men to the regulatory commission, trumps already put in regulat
Please welcome david brand from the new yorker magazine. He spent years researching this the killers of the flower moon, and the birth of the fbi, the film adaptation is already in the works, like, deniro, decap rio, do you confirm or deny those rumors . I will not deny. You will not have to confirm or deny. For those who have not been following the story about this book, before this thing came out, the bidding war, i am going to embarrass him. The bidding war went over 5 million for the rights to do the film. Those name, i mentioned, give you an indication of how big it is expected to be here in hollywood. Where david sits here with me today. That must feel good, when you spend that time into, clearly put your heart into. People get it. It does. The project took five years, close to five years, there is a part of it, when you are two and a half years in, if you wonder if anyone will read it or what will become of it. The nice thing about the movie, as many people you can reach with a