London. Stocks falling across the globe on speculation of early interest rises by the bank of england and the federal reserve. The weakness in the equity market is continuing to move across the globe in its a feature of whats happening in asia. 1. 4 trillion white off the value of Global Shares in the msci all world index looks to be on set for a 3. 1 percent decline, the biggest drop since january. There is a smorgasbord of reasons behind this, speculation on when Interest Rates might go up in the u. K. In the u. S. Clearly one of the fact hers. Other things in the mix, peers of the stress of the chinese economy and fears of russia drawing up plans to seize assets after sanctions continued to be imposed by western countries on russia. Plenty going on in markets. Jumping 18 ,dex 16 above the average of the year. Volatility seems to be once again a feature of these markets. Will have more information on where the markets are, where we expect to open in europe as because to the program.
They rise for 20 straight months with all major markets showing growth. Asia markets take their queue from a record close on wall street and the promise of chinese reforms. The shanghai ending with the nikkei at a three week high. Welcome lets get straight to markets and the euro in particular which was soft yesterday but markedly soft today. Took a big leg down about half an hour or so. You can see its 1. 118. Down 1. 2 . This came after the ecb board member expressed concerns about the repettive of european bond sell off. He cited extreme volatility and reduced liquidity and added it will be front loaded ahead of the summer lull. What has this done to equities . They moved in the opposite direction as you can see. Across the board equities are looking strong. Ftse 100 lagging. Its up. 5 where as Continental Europe is up significantly. Italy up 1. 3 . Lets have a quick look at bonds as well which have also seen a little bit of a move. We can see the bond yields slide a little bit. Bac
Twisters. Off the market . Rumors swirling. The perpetual bachelor George Clooney is engaged. Well tell you about his new leading lady today, sunday, april 27th, 2014. From nbc news this is ow today with lester holt and erica hill live from studio 1a in rockefeller plaza. Welcome to today on this sunday morning. Im erica hill. Im lester holt. You guys buying that clooney is engaged . If theyre selling it, i guess we have to buy it. It doesnt mean were happy about it, but were buying it. I guess when you know you know. Theyre also not married yet, laetdz. Lets remember that. Just a ring at this point. Theres still a chance. Yeah. As you mull that over, we do want to get to todays top story. That is the elevation of popes john paul ii and john xxiii. The canonization ceremony made even more historic as pope francis and Pope Benedict celebrated mass together. The first time a retired pope and a current pope have ever done this in public. Ann thompson is at the vatican this morning. Good m
Sector. Our International Correspondent Michelle Carusocabrera has more. Were awaiting details and also expecting to hear from president obama who may announce additional u. S. Sanctions. The eu has imposed new sanctions after an am bass endorse meeting today, the most widespread they have done so far, what think call sectoral sanctions, no longer just individuals, but now bigger entities, and you named it, the financial sector, defense, also what they call dualuse technology. What we dont know is what are the specific companies they will target. They will name specifics. We expect five different banks to get named, but we dont know the specifics. When you look at the russian etfs that trade here in the united states, look at that. Theyre all higher. That may be a kay of people selling ahead of selling on the rumor and then buying on the news. Take a look at the oneweek chart. This is the most actively trade ed the rsx shot up on the news but traded lower as we awaited whats happening.
Well, Andrew Albany is a publishers weekly. Thanks for the update on this case. My pleasure. Book tv will continue to bring you publishing news and new author programs. You can watch all of our programs sunday on cspan two and online at book tv dot org. And welcome to miami and book tv. Live coverage of the 2022 Miami Book Fair. Youll hear from authors on topics ranging from Foreign Policy to medicine and race in america. This is book tvs live coverage of the Miami Book Fair. And another. Day. Thank you. Steve. So, you. Got. Better. Good afternoon. Good afternoon, everyone. Im nyala harrison, an attorney at the Law Firm Greenberg Traurig here in miami. And its really my esteemed pleasure to welcome you to the 39th Miami Book Fair. Were grateful to the Miamidade College family and the hundreds of volunteers that make this all possible. And for the support of the green family foundation, the batchelor foundation, the meredith and diasporic foundation, aarp, greater miami and the beaches