The rally created a little bit of a left in european stocks. The dollar falling, weakening after janet yellen warned of rate increases. Of course, i am looking at the pound on the back of the budget and oil heading for its highest close in two years on extending output puts. We hvave a great show for you today on budget day. That conversation at 10 30 a. M. London time with normon l amot. Of a dodging the risk snap election. While merkel has publicly stated she is open to another vote, the president is to renew the partnership. Zimbabwe is waking up to the post mugabe era. There were to be let there scenes lastnt night. What will take over as the leader. A u. S. Navy aircraft carrying 11 crew and passengers has crashed into the sea. The seventh fleet was on route to the uss Ronald Reagan. They are conducting search and rescue operations. Because of the crash is currently not known. The outgoing chair of the Federal Reserve has cautioned that raising Interest Rates too quickly with infl
Question. It is be prepared. There will be some negative statistics over the course of the next two or three months. They can impact confidence. We are not seeing that impact significantly at the moment. It is keeping a significant watch on that. Haveovernment and bank levers they can pull and are ready to pull them if necessary. Right now, i would not be are going strongly for those levers to be pulled. Manus that is pete redfern, the ceo at Taylor Wimpey. Thank you for joining us today. Anna that will do it for countdown. On the move. On the move is next. Anna it is 7 30 in london where caps on down to the start of european trade. This is on the move. I am anna edwards on site Caroline Hyde in berlin. Good morning to you. Caroline has the morning brief. Caroline good morning. Set for stimulus. The yen takes a dive after a with a ¥20 trillion boost will will and 20 trillion will a ¥20 trillion boost will and trading slop and overall charges hit the bottom line. Estimates. Ats we spe
It is the end of the quarter. Thursday, i am ahead of myself. It is job state. This is what the markets are looking like. We had a bit of a reversal. European stocks down to 1. 1 . Asian stocks still higher but on the day a little bit lower. You can see crude, 38. 8. That is putting a lot of pressure coming from the Mining Sector at eurodollar, the week in terms of dollar weakness. I want to show you copper because it is down a touch. We are getting some breaking news. Chinese data, lets get straight to bloomberg first word news with nejra cehic. Nejra britain might vote to leave the union to help keep Consumer Confidence at the lower level lowest level in more than a year. A gauge of expectation for the Economic Situation over the next year was at 12, down 18 points from year ago. Blackrock is planning to cut 400 jobs in what may be the biggest round of layoffs today at the Worlds Largest money manager. 2 duction are equal to 23 . To the percent. 3 . E are expected to to donald trump
Thursday morning. Today toal bank meets discuss policy. Expectations are that it will update the forecast for inflation, and giveve investors clues as to whether it will change easing program. Investors will be listening closely to any comments from mario about the slowdown in china. Hans nichols joins us now from berlin. The morning to you. What are we listening for . Hans if mario starts off his press conference in mandarin, you know it is a bad sign. But what were really looking for are two things. What do they do . Expectations, if they do change, what sort of pants will there be for what they may do . They could maybe talk about hinting clues, extending it beyond september 2016. When you look at expectations, the big question is how are they going to factor in the lower price of oil. When we saw they did in june, when they had expectations for 0. 3 . Look at a price in june, the price of oil they were thinking of about 63 a barrel. They hit all the way down to 43 a barrel last mon
This news that apple could be moving into the auto space along with google . These are some big tech players aiming to shake up the Auto Industry. And they have big piles of cash. On those two fronts, the Tech Companies are in a good position. Where theyre going to their parts from, what kind of engines they were built . He said that they can learn a lot because the cars themselves are starting to become more technology focused. They all have wifi and have an integrated driving experience. But the key depends on how many engines the Tech Companies intend to produce. If they just go with electric, they could get there a lot faster. If they try to compete with combustion engines, it will be a harder road to travel. That the soft the passat won the car of the year. Manus disclaimer, i dont drive a car. Mark we will be back there in a couple of minutes. He is bmws sales chief ian robertson. Manus Mark Zuckerberg stole the show at the Worlds Largest mobile conference last night. He took to