Stoxx 600 is negative now, down by less than 2 10 of 1 . The pound is moving relatively aggressively on a number of different things. Theres a reuters report talking about a regime that would allow the continuity of the good friday agreement for the irish border. Emmanuel macron talked about an intelligent solution to the brexit impasse. All of these factors helping the pound get a lift today. I think positioning is also a factor in this. The italian 10 year not budging that much, but keep an eye on it. Reportsla, the suggest, wants a coalition formed by the end of today. Salvini is about to go see the italian president. Vonnie the u. S. Economy does not need lower rates according to Kansas City Fed president Esther George. She spoke with bloombergs Michael Mckee in jackson hole, wyoming. Have a listen. Theer as i look at where economy is, im not ready to begin to provide more accommodation to the economy outlook thats adjusts the economy is getting weaker. Vonnie we are joined now by
Investors around the world are heading for safe haven assets amid worries about the global economy. The us china trade war and uncertainty over brexit are just some of the factors weighing on markets. And thats led to volatile trading in many markets around the world. Over the past nine months the price of gold has shot up dramatically rising more than 300 per ounce. But its notjust gold. Over the same period German Government debt from europes traditional power house economy has been a magnet for investors pushing returns on the bonds to record lows. Concerns about Global Growth have really accelerated over the past 3 4 months. You can see this in demand for the japanese yen also often seen as a safe haven in times of trouble. Pablo shah, senior economist at the centre for economics and Business Research joins me now. How real is the threat of a global recession . We put the risk at about one third, see a global recession over the next two years so, at risk has built up quite signific
Identity but about teaching employment skills and pushing out what it calls extremism year far surely by ceasing up locational education and Training Centers in accordance with the law we aim to education save those who were influenced by religious extremism and committed to mine it legal to fix it. The letter is not tied to a vote or a resolution but it will be published as an official document of the Uns Human Rights Council activists say its a good sign but chinas government has long stood defiant against foreign criticism katia locus of the young aljazeera and for more on this high cost on and wayne hay is joining us live from beijing has there been any response from the Chinese Government so far weighing. Not yet elizabeth we may well hear something in the next hour or so in a daily ministry of Foreign Affairs briefing that the government holds here and i suspect the message will be similar to what they have said before that these countries that have signed this letter are impingi
A revote he won said whoever wins istanbul wins turkey and its people have now delivered a clear message to their countrys leader well with their vote the people of istanbul have rejected president at a once increasing authoritarianism democracy at work while the people are suffering from the countrys financial crisis that has also caused the once popularity to fall the construction boom he encouraged has flopped and abandoned projects now dot the landscape one casualty of the economic downturn is alibaba marketed as a kind of fairy tale to potential buyers the Luxury Development has now become a cautionary tale for investors. Who wouldnt want to own a castle and here there are plenty to choose from over 700. 00 in total. Its a place straight out of a fairy tale. But its turned into a nightmare for developer measure yet because no one wants to live here. Hes the one who dreamed up the idea of building the chateau style villas some 200 kilometers east of istanbul but its a hell of a liv
Spotlight later. The japan and korea spat rambling on. They may be forced to retaliate. The latest plan fails to impress. Started withget us a quick check of the markets. Health care tech are some of the biggest decliners. Individual movers like apple being downgraded. Falling after they cut their outlook. We have lingering effects from the data that we saw last week. Had one sector that gained ground, the energy sector. Also rising with geopolitical tensions. Ups see how we are shaping for the markets. Sophie this tuesday, kiwi stocks are up about. 4 . This after mondays broad selloff from a two month high from mumbai to shanghai. Drop since may. Likely crossing their fingers that they can resolve the trade spat. In sydney might rebound a. Ouch with commodity moves oil is under pressure. Rising volatility. We are watching the jump in iron or prices. , we have the today policy decision and india earnings season kicks off. Thank you very much. Lets check on the first word news. U. S. St