Lets get your global exchange, where we bring you todays market moving news from all around the world. From hong kong to munich to paris washington to sarasota, florida and new york, our bloomberg voices are on the ground with todays top stories. There are questions about transparency for china. Rishaad salamat joins us from hong kong. Walk us through some of the latest. Now with63,000 cases the death toll up by 121, but the inconsistency in the numbers has led to a lot of questions. Some of them are not being answered, and that has led to people thinking that this disease is not really going away at the moment. We had some optimism a couple of days ago, but that has receded somewhat. Weve also got bickering between washington and beijing. The u. S. Saying they have been denied that. On a microeconomic level, weve got companies such as Fiat Chrysler halting production in one of its plants in serbia. They cant get enough parts out of china. If you want to buy a barbie doll in the future
Starting off the week at 1. 53 . Athave an offshore renminbi 7. 1274. One to watch because china comes back from vacation tomorrow. 107. En is firmly below guy letsguy talk about what weve got going on in europe. We have a picture of a positive of a market, which is positive equity market, which is more positive than an hour ago. I will point out volume is very light on both sides of the atlantic. The pound is down, but not by much. 1. 2321 on the cable rate. The turkish lira continuing to weaken quite sharply, now down by 1. 63 . Lets return to the middle of those three markets. U. K. Prime minister Boris Johnson a welcome boost from the courts after a scottish judge ruled in johnsons favor in a case that could force them to obey a law requiring him to obey brexit to delay brexit if you cant reach a deal. Buckley,ined by George Nomura international chief u. K. And european economist. It is a potential hard out for the u. K. On the way. The markets seem are markedly calm. Are we undere
Reactions from what we saw from pyongyang. You, thest i can give equity market, the stoxx 600 was down earlier. Down by 4 10 of 1 . Assetst sets haven after the testing. North korea is continuing to prepare for a possible intercontinental listed Missile Launch, reddening to raise tensions further. The stock is down. A Good Opportunity to look at the fear gauge. Europes fear index. , now it is up a mere 7 . The 12 gained it was the highest since august 18. Last tuesday when north korea fired the missile over japan, higher index closed 9 after rising an intraday 15 . Trumps fire and fury comment in early august prompted it to rise to 19. 3 on august 11. That was the highest since april. We were nowhere to the levels we were in april before the French Election and the levels we reached before the u. S. Election last november. Those are the brexit levels we saw in june last year. That puts it in perspective. Europes fear gauge. Index, given what is happening with the north korea story. Thi
The takata recall widens internationally, sending takata shares sharply lower. And a very warm welcome to the show. We are awaiting a speech by Vladimir Putin in moscow. Youre looking at live pictures of the kremlin palace where hes due to start speaking. The nation addresses to the duma any minute now. We will bring you pictures of that and the headlines of the speech if and when it comes. The speech comes as relations between the u. S. And russia remain strained. The u. S. President barack obama has laid the blame firmly at the door of the kremlin. Im less optimistic about russia. I have a very direct and blunt businesslike relationship with putin. We had a very productive relationship when medicine very was approximat medev was president. Partly because he was been integrating himself into a nationalist backwardlooking approach to russian politics. Its scaring the heck out of his neighbors and badly damaging his economy. Sanctions are having a big bite on their economy. Chris is joi
In doubt. The hedge fund heads to court today after being charged by the u. S. Government of systematic Insider Trading. All right. Were into the last Worldwide Exchange of the week. One hour into the trading day here in europe. Pretty even stevens really on the dow jones 600. Yesterday, the ftse was down, what, half a percent, 32 points lower. It tried to crawl a little higher this morning. Mit mixed earnings session yesterday. Xetra dax down 15 points. Ibex continuing outperformance from yesterday, up another third today. And cac reasquarante up twothi. Number of stocks to focus in on. Renault lifting core profit despite slumping sales. A rise in first half earnings after reducing costs. The stock up 2 . Lvmh is battling a slowdown in markets including china. Results are still posted, though. Amazon shares in frankfurt are down about a percent. It posted an expected 7 million loss in the Second Quarter. Sales particularly weak in europe. And it looks like investors approved of anglo