Authority Andrew Bailey is named as the next governor of the bank of england. Without question, he is the right person to lead the bank as we forge a new future outside the eu and level up across our great country. Trains and road travel is severely disrupted on one of the busiest travel days of the year gatwick services are affected and theres disruption in devon and cornwall. Australias pm apologises for going on holiday while the countrys bushfire crisis worsens , fire continues to ravage parts of the country. And the us moves closer to putting its astronauts back into orbit as boeing prepares to launch its new starliner capsule. Good morning and welcome to bbc news live from westminster. Mps will vote on the Prime Ministers brexit plan this afternoon which will take the uk out of the eu by the end of january. Its thought the Withdrawal Agreement bill will easily clear its second reading in the house of commons with the conservatives having won an 80 seat majority at last weeks gene
Plus huber, mcdonalds and under all fall on earnings. A it is decision day, a Bloomberg Survey is 100 certain rates will be kept at hold. Markets have opened for trade. Any he stocksouse are faring. Is undere dollar pressure up a 10th of 1 with bond yields higher. A largely anticipated hold. The aussie dollar reversing a to . 70. A move lets get a quick check on futures elsewhere. Futures hitting gains and a little change for the japanese markets as they reopened there. The cost could snap a threeday event while kiwi shares are extending mondays gains ahead of vika data from the region. Ocbc, the Bank Reporting at 1. 7arter income billion. Thirdquarter net income coming in at 1. 17 billion. We are seeing the Interest Income coming in at 1. 6 billion. Income at just over one billion singapore dollars. Thirdquarter allowances for loans and other assets coming in at 179 million. See,e expecting to particularly when it comes to wealth related assets, seasonal benefit when it comes to hong
It is seen as a trade war olive branch. American farmers remain under pressure. Bid from thees a hong Kong Exchange. Lawmakers are concerned about potential National Security questions. Shery lets get you started with a quick check on how markets closed. We saw the s p 500 gain ground and close above that 3000 level for the first time in six weeks. We had Health Care Stocks and tech leading the gains. Interesting, the nasdaq finishing at the highest level since july, rising for the first time in four sessions. Into valuee rotation stocks. They subside a little bit. The u. S. Futures unchanged, but lets see how we are setting up for asia. Sophie south korea closed until monday. We are seeing futures knowledge higher nudge higher. The nzx 50 treading water. Euro, it isthe little changed after briefly theing below that ahead of ecb meeting which bank of America Merrill lynch is calling the most unpredictable of the past five years. In asia, switching the board, the highlight will be malay
Good games. Ukraine has every right use the services of any forces. Viktor shenderovichno is an agent. After the start of the nwo, he promised the russian people terrible punishments and disasters. He regrets that he ended up on the peacemaker website. There have already been attacks on me in vilnius, they poured water on me there. If you can divide the money in half between supporting the armed forces of ukraine and refugees in humanitarian component. Regarding dugin and so on, not everyone agrees with what we are doing in relation to crimea and belgorod, it is very tough, but here we have no disagreements, we can say with you that he is the devil, i personally think that damn it, when you arrive, there will be questions about bandera, i have to love bandera, this is the condition for my appearance on the territory of ukraine, they just want to be gouleiters, the premiere, the vavan and lexus show, tomorrow on the first. Virtual reality is a place where everything impossible is possib
Good morning. This is bloomberg daybreak europe. Im lizzie burden in london. And these are the stories that set your agenda. Surprise cut. Chinas central bank unexpectedly cuts its key lending rate by the most since 2020, as Industrial Production, retail sales and fixed assets data all miss estimates. Asia markets are mixed. Donald trump is indicted in atlanta over alleged efforts to undo his 2020 election defeat in georgia, adding a fourth criminal case against the former president. Plus, what Warren Buffett is buying and selling. Well bring you the latest 13 f filings as hedge funds look to gain from the hype over artificial intelligence. Well, good morning. Welcome to tuesday. And it might be august, but its a busy one. Youve got traders betting that the fed is going to keep rates higher for longer. So treasury yields have been steadying in early trading in asia. But you did see the ten year yield climb to its highest since november yesterday. The two year yield, which of course is