A very slow pace over the last few years and 11 on was facing certain number off and balances within queues and budget deficit and the trade barriers and therefore the government has to act firmly and swiftly in order to address those imbalances. Meanwhile in iraq dozens of people have been killed in protests since late last week as iraqis demand that the government steps down over issues including rampant joblessness algeria and sudan have also seen unrest in recent months unemployment in arab countries averages 11 percent compared with 7 percent across other emerging markets something jihad is or says governments need to get a grip on the level of growth that countries of that engine are are having is below what is the needed to address the unemployment we are in a region where the level of unemployment abuse level exceed 25 to 30 percent and this requires growth to be higher by one or 2 percent. And no country is missing its growth targets quite unlike iran where u. S. Sanctions are
Headlines are moving stocks much higher were going to dig into those. And driving the action this week, media disruption well get the Details Behind hbo max, friday is the launch of appletv plus, and disney plus launches next friday so all of this week on closing bell, were going to take a deeper dive into the strategies, investments, and personalities behind the changes happening in media. Today, well talk to billionaire, ted leansus, the owner of Washington Wizards and capitals about the value of live sports thats all coming up after the bell its going to be a very big show here today and joining us for the hour is stephanie link fr stephanie, it looks like today is kind of steady as she goes, it seems like we have a deescalation of the trade war and fundamentals of earnings actually moving some stocks. You hit it perfectly, actually good start to the week trade tensions seem to be easing a bit. Earnings so far, 50 of the s p 500 have reported. Theyre beating by 2 , i know against a
Year yield. Really talking about when you look at the 10 year yield, you look at the charts, it is starting to make an uninversion of the yield curve. When that starts to happen, call your mom or head for the exits. Again, 4. 2 a and new home prices, nothing much to say there. The big story we are continuing and some ofbrexit the key crosses here on sterling. The headline is we are weaker on cable, but if you take a trend from 124, it is something we are trading right now. Lets stay on for brexit now, Boris Johnson will make a fresh attempt to deliver on his pledge to deliver out of the European Union. Supporters say he has enough votes to get a deal out of parliament. The u. K. Prime minister has formally, but reluctantly asked the eu to delay brexit until january 31. Here, justheadlines bring us up to speed. Saturday, he faced a defeat and parliament when he was supposed to be able to bring forward his boat, a meaningful vote to get parliament to this side whether or not they were on
Rbf and barclays to follow. Today, we hear from the cfo of Software Giant sap. Welcome to bloomberg daybreak europe. Has described Boris Johnsons situation this morning looking at a fruit tree but unable to eat or drink anything. He is going to try and put a meaningful vote to parliament today. Speculation is he may have those votes by just 16 in terms of that amendment. And then we look ahead to this week. If we get a vote, we asked whether it will pass. Optimismms to be some in the market. Sterling is softer today but the drop of. 5 , nothing compared to the gain of 5 this month. Votef them saying a was passed this week. , credit of strategists agricole, we could see 136 in the mediumterm. One week volatility staying elevated near the 2016 highs. Manus. Manus that is the conversation we had yesterday. He said a lot of the risk is in the Options Market, not in the spot market. Hard brexit risk runs for the rest of 20 20. Even if he gets a deal over the line because he has a lot of tra
Eu for a vote. It may not happen. Mps have put down an amendment that would delay the vote until next week and forced johnson to seek an extension. On one level, we could get a vote in favor of a deal, though johnson is short on the numbers. Quite possibly it could be delayed until next week. Could he get an extension . There was news out of brussels they were tired of the extension. Edward johnson said he did not want an extension. Emmanuel mack ron said britain should not get an extension. Bear in mind Emmanuel Macron has time has been a long opponent of britain get an extension. Europe did grant an extension in the end. That might actually be helpful for johnson to frame this debate for mps. It is my deal or no deal. What is the most critical set of votes the Prime Minister needs to get . Edward his own brexiteers need to fall inside. He has not gotten the support from the dup. Johnson needs the dup vote to get legislation through parliament, or he needs to get all of his mps on his