Germany sees the economy shrinking at least 5 . This, as fears of a virus followup could last for years. We hit our we will hear from ceo bill winters this hour. Haidi lets look at trading when it comes to australia. Asia looking softer, potentially modest bump up after u. S. Stocks saw the first gain in three days of losses. In new zealand, trading is dataway, retail sales is a point we will be looking at later to give us an indication, not super forwardlooking, but at least how things stand in terms of the fed rate period, asia excluding japan looks like it has had a flat week so far. That is u. S. Future. Waitinghe bond market, for the ava bond purchase, the aussie yield curve steepening ahead of the government announcing option plans for the coming week. We could see a bump up in primary activity, looking at the threeyear yield to and the week below target after the central bank boosted liquidity and calmed down money markets. We are watching banking stocks after they cut fees, one
The day when the dow was down more than 300 points the russell 2000 fairing the worst. Lets go to bob at the New York Stock Exchange remember all this optimism on friday the jobs report helped dispel some of the concerns about recession. Dispel didnt get rid of them. The market started expecting some positive news on trade. We have an escalation of the trade war and thats pressure with the usual names the problem is the markets increasingly coming to believe that a trade deal even an 80 trade deal may be unlikely this year thats a big problem it means potentially lower growth in 2020 it means flat to lower Interest Rates. It means flat to lower oil and it continue emphasize on owning the defensive sectors. Those utilities, those Consumer Staples that have been so much a stand out theis year and so expensive. They are the stand out sectors this year. This narrative means stocks are expensive right now. Number one the Fourth Quarter guidance, if this uncertainty continues is not going to
Photos in the early hours of the morning. That was near Downing Street. Also energised and with me throughout the day is our political correspondent. And in our bbc new newsroom i am joined by Economics Correspondent andy verity. We will be looking at what this budget will mean for you and will be looking at the challenges of the government and what will happen in the years ahead and whoever takes power after General Election. He shouted there as a General Election and we know there will be one before next january is so there is politics that comes with this. This is the last budget before that General Election. The chancellor has promised that his plans will simulate stimulate the flagging economy. Labour will argue that any reductions will still leave people worse off because of the freezing of Tax Thresholds. So what could be expected in todays Budget Ben King takes a look. The background to the budget has been gloomy but it looks like the Chancellor Will find room to cut taxes. The
And dishes that you definitely havent tried anywhere in the immediate area, and maybe throughout belarus. Look, every sunday on our tv channel, in a broad sense , modern construction is almost impossible without cement. My name is alexander mitin, i am deputy general director for economics of the open Jointstock Company krijacement shefer. The motto of our company is building dreams together. What we have . So, we licked the 3. 100 bolts and released 4. 200. My work involves being at the workplace in the plant management. However, there are moments when i have to visit production, this is by comparing the balances of Raw Materials, monitoring the progress of shipment of products on behalf of the general director , meeting with potential investors and presenting them at production, in addition to the main products as separate divisions, in each region of our republic, we have six branches for the production of reinforced concrete products, the main raw material for the production of cem
Of the referendum on sunday. Right now that vote is too close to call. A new poll said 47 of greeks supporting yes that is more austerity measures, and 43 in favor of no with a three point margin of error. Coming up, we will speak with guy johnson in athens about his interview with the outspoken finance minister yanis varoufakis. This mornings jobs report is about more than just employment it is also about the fed. We will get the figures 2. 5 hours from now. The economy added 200 33,000 jobs. Investigators want to know if airlines in the u. S. Are colluding to drive up prices. American and southwest say there that letters from the Justice Department asking for details of meetings and conversations on the supply of seeds. That is a crucial factor in determining fares. Senator blumenthal asked for the investigation. Holding down supply economics 101, that is a violation of law if it is misuse of market power. Airline trade group said domestic fares are down this year and capacity is at