Budget set to be outlined in parliament today. Tesla takes the trade war in its own hands. Suing the u. S. Government and Robert Lighthizer over the tariffs over imports from china. A warm welcome lets kick off the show with fresh numbers out of germany the Business Climate for the eve owe since september has come in a touch light. Current conditions 89. 2 for spent versus 89. 5. So just a touch light of expectations in terms of the expectations component, came in at 97. 7 versus forecast of 98. Slightly weaker but generally similar to what was expected the august numbers have also been revised we have the Expectations Index at 97. 2. These september figures and the forward looking part of this index has come in at 97. 7 for the month of september as business morale rises. This comes after data yesterday. The pmi flash for september showing that manufacturing in germany continuing to improve. Services contracted. Dropping below the 50 Mark Services trends in the economy we are going to
House panel investigates Racial Disparities in the military Justice System to be here for military legal officials and the president of protected offenders during this House Armed Services subcommittee hearing. [inaudible conversations] like to thank you for joining our remote hearing. In ott [inaudible] establishing and maintaining a quorum or dissipating in the proceedings and voting could members participating remotely must continue to use Software Platforms video function while attending the proceedings and other technical problems that render the member unable to fully participate on on camera today for members participating remotely experience as technical difficulties sees contact to the Committee Staff get assistance they will help you get reconnected them recognize video from a we participation will be broadcast in the room in via the Television Internet feed their members participate in remotely are asked to mute their microphones when they are not speaking. Doing so will hel
On humans. In halfan in half an hour we will have more from the papers. Good evening and welcome to bbc news. The new years honours list has been published and among the many honoured is the former deputy Prime Minister and ex leader of the lib dems nick clegg, whos been knighted for his services to politics. Hes joined by bee gees star barry gibb and strictly come dancing judge darcey bussell, who has been made a dame for her services to dance. Our entertainment correspondent lizo mzimba has more details. Twist and shout. More than 50 yea rs twist and shout. More than 50 years after beatlemania, the fab fours drama has been honoured with a knighthood. What would you do if ising a knighthood. What would you do if i sing out of tune. A knighthood. What would you do if i sing out of tune. Recognising ringo starrs up the century long contribution to music. Tragedy. Former bee Gee Barry Gibb said he was humbled and very proud to be paid sir barry. War horse author and one time childoms lau
Warm welcome to Worldwide Exchange this friday morning on cnbc im wilfred frost. Im seema mody in for sara eisen today. Good morning to you. Good morning to you lets check in on the Global Market peicture this morning. A day of gains, up slightly resounding week to kick off the year it looks like it will continue the dow up 61 points nasdaq 23. S p up 5 in premarket trade. Yesterday financials played catch up having lagged the market for most of the week. But for the week as a whole, energy the clear winner with oil prices rising. That sector up 4 in the s p tenyear treasury note for youful yieyou. We started the week in the low 2. 4s, ending at 2. 456. The 1,000point run weve seen in the dow is the fastest in history look at asian equities, japan seeing its biggest oneday gain in over a year you can see here on friday closing higher by nearly 1 . Softer gains in hoping congress and china, but still stocks there moving to the upside the kospi up better than 1 on the day. In europe, the
Will yellen hide behind the brexit . Is july still a like still a likelihood . U. K. Time. At less than half our way. A couple of things happening. We are going to see a bounce in europe in european equities. The u. S. Markets are called into negative territory. We will see if that changes a little bit later on. At the moment, it doesnt seem we are going to see a higher open in europe and a lower open in the united states. Matt. Matt take a look at what is going on in china, i look at the nikkei. It rallied up from losses overnight. The shanghai composite really turning around. Big down index because of the msci, and yet it comes back at the end of the session. Heres the 10 year bond looking fairly positive. It had been negative five 1000th of the percent. It looks like we are back to a positive yield. I wonder how long that will last. I guess it depends on the brexit polling numbers that come out. You see the pound, a little bit of a gain. Being led around by the nose by polls. To the