Going at the moment. Off by 1 . Its all about the meeting between opec and their allies as to whether they can start to restrain supplies. Its time for your morning brief and a look ahead at the week. Nonopec members will discuss compliance with production cuts. Disney out after the close on tuesday. On wednesday, south african faces at Jacob Zuma Vote of noconfidence. Friday is u. S. Cpi data. The markets will be paying the most attention to those numbers on the heels of strong jobs numbers last friday in a continuing question of why we arent seeing more inflation. As you can see from this chart, the cost of protection inflation is largely down so far. Markets, two bond market tightens, black mark and blackrock and vanguard journey me now is paul richard. Welcome back to the program. Answer this quandary. Where is inflation . Shouldnt it be higher given all the other phenomena . Is hiding somewhere. I think vanguard and blackrock are right. It is coming. We just dont know when. You ca
All of these issues are a concatenation to say the least. We have terrific people here and we have terrific people for all these questions. He is a senior fellow at the cyber statecraft initiative. Hes Program Director for strategic centers. We welcome alex. Were glad to have you here. She is a former deputy secretary of the department of Homeland Security and one of the most knowledgeable who was right at the heart of many the debates that the u. S. Government had. Welcome. Most recent addition to the cyber initiative, previously director of glover intelligence which is one of the premier Cyber Security firms in the whole world, welcome very much. And he will join us into the moderation. Shes a political reporter for cnn focused on Cyber Security and other National Security topics. We have a great group and some fundamental questions. They span a wide set of issues. Me turn it over to alex. He will give you a summary of the discussion and lay out some things that the panel can get int
Markets and rates. First word news here is emma chandra. The white house is firing back at msnbc for releasing details of President Trumps tax returns. He paid 38 million in tax rates of 150 million. The white house said you know you are desperate for ratings when you are willing to violate the law to publish two pages of tax returns. At the whitemp met house with the saudi deputy afterwards, and saudi adviser says there is a significant shift in relationships. In europe, the netherlands is voting today on the measure of the first spread of populism. The antiislam candidate, Geert Wilders, once the netherlands to pull out of the European Union and to hold immigration. The Prime Minister, mark rutte, says he will not enter an alliance with Geert Wilders. China says they will keep opening its doors and they notice that bilateral trade and investment created a million jobs in the u. S. Last year. Global news, 24 hours a day. Powered by our more than 2600 journalists and analysts, in more
Hours. Haidi tencent buys a 5 stake. Rishaad coming clean, President Trump rolls back Climate Change, saying he is ending the war on coal. Looking forward to 1 30 p. M. Brussels time when the clock will start taking on britain leaving the European Union when the British Ambassador to the European Union hands that letter signed by theresa may to donald tusk. That is the start of a twoyear period of negotiation later today. Haidi thats right. Two years of no doubt contentious negotiations. What will it mean for sterling . 1. 36 for theey see pound, but a very big if counting down to that brexit trigger day. We are 30 minutes away from the open in china and hong kong. We have had this risk on rally on the table with a blowout Consumer Confidence number out of the u. S. Will that trickled through when it comes to the asian session. Lets get it over to sophie to see how we are faring. Sophie we do have stocks outside japan advancing, building on gains for a second day, stocks in sydney lead
Global equity markets looking pretty decent, firming up in europe with the ftse up about 48 points. Futures positive in the United States. Yields on the 10 year, pretty much unchanged at 124 1. 84 . Look out for that. Table at the moment, 146, its a stronger pound. We will get to that. Then imac of about. 4 . The brand down for the sixth straight day. The lira strengthening down to 297, the Turkish Central Bank cutting its rates to 945 . Lets go to indepth coverage of our top stories. Guy johnson in london, where mark carney talks brexit. Matt miller in frankfurt. In brussels, where finance managers meet on greek simin demokan. Jonathan the bank of England Governor Mark carney is testifying this morning. Guy, the momentum seemingly behind the remain campaign. What is mark carney have to say . Guy he has the responsibility to stand up and make clear the risks that are associated with the referendum. Hes not backing down on that. Everything you said today felt very caveated. It wasnt the