Iran president said armed forces admitting their mistake is a good first step and that all involved in the accident will be punished renault denies reports of a possible split with nissan and france finance minister calls the rumors malicious welcome to the show. One of the main stories moving markets overnight, chinas yuan strengthened to the highest level after the Treasury Department removed the label of the country as a currency manipulator. Steven mnuchin said the country made moves they first attached the label when they accused them of using the yuan to get an unfair trade voontage the first rise in export since july signaling a recovery in demand following a preliminary trade agreement. Imports rose while the countrys trade surplus increased. An on annual basis Interest Rates rose 0. 5 . Chinese vice premier liu he a arrived in washington. Reporter two days ahead of the signing of the phase one trade deal in washington, d. C. The news has to did with china trade numbers for dec
For a conversation with stefon engels. Welcome to daybreak europe. From unicredit, First Quarter net comes in at 1. 1 billion euros. 995. 3 million. S that is a beat. It is confirming its target for 2019, the target for revenue it is confirming it of course, what we heard earlier this week was that it was selling its entire stake. That is a reminder of that. In terms of the update today, the main number to draw your eye to his the Third Quarter net, which is a beat. Lehmans numbers coming in as well. Fullyear adjusted, industrial businesses, 9 billion euros. The estimate was 8. 61. That is a beat, at least on that number so far. Looking through some of the other headlines, decline in market volumes for short cycle businesses. This was a problem last quarter as well so it seems this issue is still remaining. Year 2020 of 6. 3 to seven euros, excluding charges. The outlook will be something analysts are keen to hear more about. The global Macro Economic development, some dude in the full
5 years in taliban hands the u. S. Claims its recent aerial bombing attacks killed 1000 taliban fighters in a 4 day period and those bombardments may be affecting taliban morale as well including our province more than 150 taliban and i saw fighters have surrendered to Government Forces but the civilians caught in the fighting are still paying a high price for the. Many civilians are still being killed as the fighting intensifies we have asked all sides to reduce the use of horse and heavily Populated Areas but they dont listen to us to be there is some hope that peace talks will be resumed but probably not until after the forthcoming afghan president ial elections theyve always been a catalyst for attacks and violence but with the prospect of new talks many here are hoping that this time it will be different tony berty al jazeera. Now is rising sea levels threaten indonesias capital jakarta the president. Urging him to back up plan to relocate to the island of borneo as regular mohame
Positive start after u. S. Stocks close in the green, but log their third negative week in a row while the Trump Administration seeks to calm recession fears. I sure dont see a recession despite a lot of worries if its a volatile stock market. Most economists on wall street had been marking up their forecast for the third and Fourth Quarter and hong kong prepares for more massive protests after millions brave the rain in a peaceful rally for the 11thstraight weekend of prodemocracy demonstrations in the chinese territory. Well, good morning, everybody. As you can see, there is already quite a lot of green on the board behind me, but first i want to take you to some european news that the german finance minister says berlin has the capacity to launch fiscal stimulus worth 50 billion euros in the event of an economic crisis now concerns of a slow down in europe have grown after weak Economic Data across the continent. Now on friday, the german magazine reported berlin could take on new d
All coming after the markets are coming off a very strong month of june. For the dow, it was the best june performance in over 80 years. You have to go back to 1938 for the month. The dow was up by 7. 2 s p was up by 6. 9 for the month that is its best performance since 1955 and the nasdaq was up by 6. 9 and thats its best performance since the year 2000. Taking a look at what happened overnight in asia, hong kong was closed for a Public Holiday but those markets that were open also up very sharply on again, this idea that trade talks are back on. The nikkei was up by 2. 1 . Shanghai composite up by 2. 25 europe this morning where early trading is taking place, youre going to see green arrows across the board there as well. Biggest gainer looks like the dx ax up by 1. 25 finally check out u. S. Treasury yields on friday we actually fell below 2 for the tenyear briefly. I think we closed right at 2. 0 . Ten year is yielding 2. 01 . Getting to all the weekend news President Trump returni