Week. Export side of things helping things on the nikkei. The hang seng, another week of protests weighing on sentiment. Shanghai moving to the upside. Hopefully more on the way to support what is going on in china. Lets look at some of the moves out there. The aussie 10 year, huge rally, last week in bonds. The selloff taking place. A rally taken place. Five basis points. Platinum features, this is interesting. Much further up on platinum. That was down to this prediction you would see a nine he would see an increase. Crude, unchanged. Saudi arabia minister being replaced by one of the kings sons. That uncertainty is lifting up. Gold heading higher. Going in opposite directions. Thats all we have. The yields in australia are adjusting lower to the bad data out of the weekend from china. Clear that they will support the economy is the trade war intensifies. Taking a bigger than expected hit. Should i expect more from Central Banks . Unless you expect the chinese economy to suddenly sta
I am Francine Lacqua here. First to the markets because there is a lot going on. We are covering brexit. It is not only about brexit. There is a lot going on in the wider market. I am looking at oil. The implication of the Saudi Arabia Oil market, because the king will meet the minister for oil and petroleum. We will see what impact that has on their policy going forward. 6. 92 for oil. You can see the index unchanged. Chiefiller speaks to the executive at the herbert motor show. About brexiteaking with lord adonis soon. Said the Prime Minister plans to defy legislation requiring him to ask eu for brexit delay. That comes after the resignation why she couldnt stay on. I supported Boris Johnson and his approach and i was right to do that. The consequences now, one senior. Olleagues expelled this made my position untenable. Francine joining us now is andrew adonis. Roles in thes labor government. Lord adonis, thank you for coming on. We are back to two years ago where there is a multiple
Of hong kong. Oil strengthens after a shakeup in saudi arabia. Family is in charge of energy for the first time. Kathleen a quick reminder of how u. S. Stocks ended the session on friday. The fed chair speech later in the day with some of the big drivers. You can see is narrowly mixed. Leak. Big there is some good news. Points. 69 nasdaq a little nowhere. Suffering after news about the investigation. Basically, it was about jobs. 25,000 with temporary census records. Those are the parts that initially got a bond value. You have average Hourly Earnings following yearoveryear. Unemployment at a 50 year low. There is no recession on the doorstep. Not a 50 basis point cut. At any mate, jay powell confirmed that saying that he thinks that the labor market looks strong. Pointing to a rate cut, but nothing to get the markets going after all of that. Pointing a little bit to the positive side. How are things looking in asia . Asia futures are pointing to mixed and muted start this morning and
Latest news headlines. Martin thank you. The top story on gb news tonight, as youve been hearing, the bbc has issued an apology to nigel farage over its reporting about the closure of his coutts bank account. The bbcs Business Editor simon jack has within the last hour said the broadcasters information came from a trusted and senior source, but it turned out to be incomplete and inaccurate. Mr farage lodged a formal complaint about the bbc after it reported he lacked the funds needed to hold open an account with coutts. He has since welcomed the apology and says hes grateful Natwest Group ceo Dame Alison Rose was forced to apologise to nigel farage last week for the mishandling of his account closure. Well conservative mp and gb news presenter jacob conservative mp and gb news presenterjacob rees mogg says she has questions to answer. Nonetheless. Why is it that the bbc is always a few days late . The bbc really ought to have given this apology when it first emerged that theyd been sol
Latest news headlines. Martin thank you. The top story on gb news tonight, as youve been hearing, the bbc has issued an apology to nigel farage over its reporting about the closure of his coutts bank account. The bbcs Business Editor simon jack has within the last hour said the broadcasters information came from a trusted and senior source, but it turned out to be incomplete and inaccurate. Mr farage lodged a formal complaint about the bbc after it reported he lacked the funds needed to hold open an account with coutts. He has since welcomed the apology and says hes grateful Natwest Group ceo Dame Alison Rose was forced to apologise to nigel farage last week for the mishandling of his account closure. Well conservative mp and gb news presenter jacob conservative mp and gb news presenterjacob rees mogg says she has questions to answer. Nonetheless. Why is it that the bbc is always a few days late . The bbc really ought to have given this apology when it first emerged that theyd been sol