No change in the lpr. No real effect when it comes to the cnh, the offshore renminbi. 6. 86. Maintaining the gains we have of late. The euro weakening. Keeping an eye on crude. Oilared by the National Company after saying it was commandersone of the of one of the civil war activists from exporting. Got oil field disruptions taking place in iraq. What else is happening in beijing. We join selina wang for the first word news. Selina thank you. The former white house economic director gary cohn says he sees no recession predicts the economy will continue to grow as we move towards novembers election. While president trumps tariffs produce the phase one trade deal they inflicted some damage on the american economy. I dont think we would have gone to a different outcome. I dont think the outcomes helped us get to a different outcome. Did it hurt the u. S. . Its. Totally hurt United States the u. S. Economy is very strong, employment is great but we are missing a big component. Were missing
600 gaining. A lot of the focus is on earnings and the economic backdrop. 1134. Ollar 1 it has fluctuated but is very arrangedbound. Rangebound. Coming up, the World Economic forum in davos. We bring you all the biggest names in banking. Lets get straight to first word news in new york city. We begin with the new york senate approving Donald Trumps new freetrade agreement with mexico and canada. It handles the president and a major win ahead of impeachment. The overhaul of the agreement was a priority for mr. Trump. Mitch mcconnell called vote a rare moment of bipartisan cooperation. The white house broke the law in withholding aid the ukraine. Accordingting to an independent watchdog, saying the president should not have delayed money. This is a key part of the impeachment case against President Trump. , quoteg with them obsessed with the u. S. Trade deficit. This is according to bill hogan, saying americafirst policies are bringing about a priceless moment for global trade. This came
We have your statement. It will be including the record in its entirety and under the circumstances, you can deliver it in its entirety if you wish or summarize, either way. I will summarize it. I am here to provide a frank response the questions regarding the Exxon Valdez Oil spill and to describe our continuing efforts to deal with its consequences before this i do this however i want to express sincere regret as to what happened on behalf of all the employees of the exxon and certainly on behalf of myself. I really cant tell you how sorry we are this disaster occurred and we are particularly sympathetic to the impacts on the residents of alaska and in particular those in the Prince William sound area thats where the difficulty is really creating a great deal of problems for those people. As has been said many times this morning and by us earlier than this we take full responsibility and weve done so from the beginning and well continue doing all we can to clean up and mitigate those
Indonesia. They are expected to keep the key policy rate at 5 . Rishaad we got the nifty futures in india with about 43 minutes before the start of the session, off a little bit. Will we get another record high . We found ourselves in this position yesterday. The market up 1. 1 . Currently wise, flat below the 71 rupee level. Tenure yields under some pressure. We have this story from the bank of india suggesting they are comfortable with a bigger budget gap, which would mean there would be less bond issuance. 6. 71 . 10 year, we go to new york and su keenan. The house of representatives have impeached President Trump for abuse of power and obstruction of congress. He pressure ukraine to political rival, joe biden. It is only the third time in u. S. History lawmakers have invoked this constitutional sanction of the president. The impeachment will pass to the senate for a trial. A rate cut in australia are in doubt after a strong jobs report for november. The bond yield gained as inloyer
You ready for me, mr. Chairman . Yes, mr. Roe, we have your statement. It will be included in the record in its entirety. And under the circumstances, you can deliver it in its entirety or summarize, either way. Ill just sort of summarize it. Ill here to provide a frank response to questions regarding Exxon Valdez Oil spill, and to describe our continuing to efforts to deal with its consequences. Before this, i do this, however, i want to express sincere regret as to what happened on behalf of all the employees of exxon and certainly on beha of myself. I really cant tell you how sorry we are this disaster occurred. And we are particularly sympathetic to the impacts on the residents of alaska and particularly those in the Prince William sound area. Thats where the difficulty is really creating a great deal of problems for those people. As has been said many times this morning and by us earlier than this, we take full responsibility, and weve done so from the beginning. Well continue doi