Brands at morgan stanley. Plenty of good news stories in the market today. The 10 year yield is at 1. 84 . A couple of dynamics going on here, not least of which Stephen Mnuchin talking about issuing a 20 year bond to help with the deficit. Guy really interesting story. Here in europe, stocks are at record highs. , a couple of reasons for this, one of which is the china data we will talk about in just a moment. Your conversation with phil hogan, the eu trade commissioner, sounding reasonably positive overnight in the conversation you had with him. That has helped sentiment here as well. Really weak retail data out of the u. K. Today, confirming the idea we could see a bank of england rate cut shortly. The pound is trading lower on that. Weve also got key levels being tested and it comes to eurodollar as well. I am told you want to watch out 1. 1080, a really key line in the sand. 1. 1102 right now. Growth helped by industrial output, retail sales, and fixed investments, all beating est
And the Asset Classes over there. The british pound is weaker by 1. 5 after a big run up. 1. 35 in change, looking to get everything done by the end of december. We will talk to our next guest about whether that is actually what is going on. Gilts at 77 basis points on the 10 year. The ftse 100 unchanged, but lots going on beneath the surface, including the banks. They are lower today after the bank of england yesterday doubled the capital buffer they on the idearom 1 , that there might even be a rate cut in january. This from Deutsche Bank and potentially others. Obviously come of the scene is not so great for the british banks. Lets get to the latest on boeing. Shares falling today after southwest became the latest airline to say it wont schedule any flights on 737 max jets until april 13 at the earliest. The move comes a day after to haltet a plan production of the 737 max indefinitely. Us with an outperform rating on boeing and a price target of 100 34 per share, did southwest do w
Washington, our bloomberg voices are on the ground with todays top stories. Newndia, protests against a citizenship law sparked unrest across the country, raising concerns that Prime Minister Narendra Modi has taken his agenda too far. Joining me from new delhis bloombergs Southeast Asia government editor. These protests have been going on for about a week now. What do they want . What is the goal here . Reporter they want this new law overturned. This law bans undocumented migrants from neighboring citizenship,king while allowing migrants of other religions. Ifi has pushed this wrapped policies in the past, like his decision to demonetize 80 of the countrys currency, and yet he was reelected with a massive mandate in may. But the depth of this anger really hints that he is pushing his hardline hindu agenda too hard this time. Alix now we had to london, where the threat of a new deal poundsas wiped out the postelection gains. Joining us is jess shankleman. What happened the last few ho
Where pupils have been getting their exa m where pupils have been getting their exam results all morning. Ill be speaking to a careers adviser to find out what to do if you didnt get what you expected. Tens of thousands of ryanair passengers could face disruption today as uk based pilots strike. Our focus on farming continues with a look at the growing threat from criminals, who kill and butcher sheep in fields, in order to sell the meat. And researchers can now see processes deep inside the body thanks to a new type of microscope which captures images at unseen levels of detail. And in Sport England begin the third ashes test against australia at headingley this morning. Good morning. Welcome to bbc newsroom live. Im carol walker. Borisjohnson is in paris today to meet the french president , Emmanuel Macron, for brexit talks, as the clock ticks towards britains leaving date of october 31st. Mrjohnson has insisted the backstop which aims to prevent a hard irish border after brexit must
Provider is set to be added. About theo the ceo companys plan for european expansion. Dubai and a. M. In midday in hong kong. This is bloomberg this is Bloomberg Markets middle east. We are just under two hours away from the opening of the emirates markets, dubai and abu dhabi. Ahead of that, lets set lets set the Global Market turned. Take a look at how the u. S. Markets closed on friday. The big news was the s p 500 getting to an alltime record in the form of 2500 points. Quite an amazing performance. Just over a week ago we were worried about not just to hurricanes, but we also had geopolitical risks. In any case, the dow jones also closed at a record high of 22,275 points. As did the nasdaq. Look at them more macro moves in markets. We had the dollar falling on friday off the back of some weaker than expected retail sales data. Bloomberg dollar index down one quarter of a percent. The yield on 10 year your treasuries topping 2. 2 . Another psychologically important level in the mar