Equities climb as President Trump delivers a measured response to iranian strikes on u. S. Bases. He does, however, promise new sanctions on tehran. Fighting back, japan calls of itsghosns criticism legal system absolutely intolerable. This after he blasted tokyo for hostage justice. Plus, not so fast. Hard. In hong kong hits u. K. Retailers post sales britishafter what the Retail Consortium called the worst year on record. Speaking of that m s Third Quarter, looks like u. K. Sales theout, gaining 0. 2 , and fullyear guidance has been ishanged, but mark spencer out with like for like u. K. Sales. We are also getting german trade balance and current account data right now as well as industrial , the Industrial Production yearoveryear figure, a drop of 2. 6 . The survey was for a drop of 3. 7 . It is a bad number but not as bad as had been anticipated in terms of the current account balance. We are looking at 24. 9 billion, we were looking for 23 point 8 billion. German Industrial Produc
Welcome to daybreak europe. Investments slowed in china and gdp hit 6 . That is below the forecast of 6. 1 . Industrialy Strong Production data was a bright spot, but the chinese economy is likely to lose momentum. In terms of market momentum, we move to the downside on the shanghai composite. It has been a mixed picture overall. We will dig into the trade war. We saw gains on the s p 500 yesterday in the u. S. Euro stoxx 50 futures into the red. The 10 year yield tips to a 174 handle. The bloomberg dollar index near a july low. Prices givingairy the kiwi dollar a lift. The worst performer, the pound. Pulling back from a five month high. Yesterday, risk reversals. Volatility still near that 2016 hi, talking about one week volatility on cable. 12849. Back to the brexit story. After frantic negotiations just days from a deadline, Boris Johnson has reached a brexit deal. This is how he described it. This is a great deal for our country, i also believe it is a very good deal for our friend
Mean . Revenue, the overall money it made was up mean . Revenue, the overall money it made was up 5 mean . Revenue, the overall money it made was up 596. That mean . Revenue, the overall money it made was up 596. That was mean . Revenue, the overall money it made was up 596. That was how mean . Revenue, the overall money it made was up 596. That was how much | mean . Revenue, the overall money it i made was up 596. That was how much it made was up 5 . That was how much it was able to bring in. In terms of cost of the strike, which everyone was curious about how it would impact, so for the costs have racked up impact, so for the costs have racked up to 800 million and the companys chief Financial Officer said in a call that each week that passed without a new contract negotiated cost 200 million in lost production. Given the size of its balance sheet, it is weathering it well. It acknowledged it would have to face higher labour costs going forward, but obviously no deal is there yet. An
A short time ago my colleague Sally Bundock spoke to a board member of the future Investment Initiative, matteo renzi, who was also Prime Minister of italy. He told her what the initiative is all about. Future Investment Initiative tried to offer a platform of dialogue, particularly in business and correctly you explained the quality. One point, european. 400 ceos from europe as well as china, discussing here the initiative that became one of the most attractive and brilliant possibilities of exchange. Last time was in the army the next time will be in hong kong but this is the pillar of the initiative of f at the same time, there are a lot of tensions in the economy so we need a new campus is the new title of this initiative. A new campus to understand what would be best for business and politics. Light to what extent is whats happening in israel and gaza are overshadowing this event now . I believe that everything thats happened in the last two years on the border is an unbelievable
Slight risk for storms. We are starting to see a couple of showers pop up. Out across the berkshires, across western massachusetts right now, but this is just the beginning. We will keep a close eye on the radar for you. We do have some clouds working on through this morning out ahead of a warm frontal boundary. This warm front will be lifting in and providing one mechanism of storms. Behind i will keep the storm track going on through the hour. You can see how soupy it is to our south. We are waking up to readings in the 60s, around 70 degrees in boston. As we go through the morning hours, that humidity ramps up. High temperatures by noontime in the low 80s. 2 00, 4 00, storms just Getting Started in the boston area, and coming up. How are we doing on the roads . Good morning, olessa. Olessa a live look at the pike, eastbound, you can see some flashing lights out there, overnight construction just a little bit longer. The rest of your ride pretty quiet. Route 3, problem free on 24, as