Service to every city deserves. My honorable friend, as always, speaking on behalf of his constituents. We know it is a place you want to be able to visit frequently and easily. The government is investing record amounts to improving our railways in regard to a particular case to transport ministers working with crosscountry to see how the Gloucester Service can be improved. Order. [inaudible conversations] cspan2 we leave the british house of commons as members move on to other business. You have been watching prime ministers question time aired live on wednesdays at 7 00 a. M. Eastern when parliament is in session. Quick reminder you can see this weekend session sunday night at 9 00 eastern and pacific on cspan. For more information go to cspan. Org and click on series to view every program we have aired from the british house of commons since october 1989. We would like your comments about prime ministers questions via twitter in the hashtag pmq. All day saturday American History tv
Anna a very warm welcome everybody. This wednesday morning. I am anna and words. Edwards. Moving the markets, two of them, San Francisco John Williams and the conclusion being that at least two Interest Rate hikes may be warranted in 2016 because of the expansion in the economy. And inflation increasing. Over a goldman sachs, there is a chart over the twoyear spread in the u. S. On the bloomberg. Theyre warning Bond Investors that they need be more prepared for the fed to increase Interest Rates. Bill gross of course did something similar earlier on shouldnth, markets not count the fed out. What were seeing here is the increased demand for longterm debt, at least seeing a decrease over the two year yield. That spread is the smallest since 2007. It seems that in some senses, markets are not repairing a big difference between what we are seeing in the rhetoric from the fed. Not all of the assets have been reacting a great deal to what we heard from the fed, i should say. The dollar index
Warns of huge consolidation. Opec dissents on the in a. Crude dissents under 50. Is saudi arabias oil minister calling the shots . A warm welcome to the program. Lets have a look on what is happening at the futures. We are not getting an incredibly strong picture from the futures this morning, i have to say. Weve got euro stocks up just a fraction at the start of the are p and trading day. The ftse 100, perhaps its a little bit on the back foot. Of getting a great deal momentum perhaps coming through from the asian session. We still have some big agenda items on the radar with the ecb meeting and the jobs report, plenty still to digest. Matt take a look at the nikkei, down 1. 6 . Take a look at the yen strength that we are seeing, 109. 95, how many yen you get for your u. S. Dollar. The aussie dollar on the other strength,owing some not the kind of strength we saw earlier in the session. We saw an hour ago a 1 gain against the greenback. 0. 5 . Only see it up losses in brent, the globa
A very warm welcome to countdown everybody. I am anna edwards. Manus i am manus cranny. Volatility, talking about the dollar, talking the biggest slide in five weeks. Have a look in this chart for our viewers. The dollar index is the white line. And economic surprises are the blue dots. The trifecta, my word of the day the trifecta of doubt,. Talking about services expanding the weakest in six years, manufacturing contract ing, and a lackluster jobs report. That is changing the work function. The probability of the rate hike drops to 24 from 34 . The dollar is under pressure, and volatility, that is spiking higher. What is next . Anna as you say as that data increasingly, disappoints, let us bring up the risk radar and show you how the rest of the Asset Classes have been reacting u. S. T weak data in the theback of that week data, korean wine up as you see. Up to the strong as in the year, oil up by half a percent, the road to algeria paved with a lot of talk about a freeze, a lot of c
Volatile tuesday. It is 6 00 here and the markets are closing in japan and we have serious weakness. And thetocks are down bank risk is something we have in the context of Deutsche Bank. When was the last time that you saw them send a statement . Torch paper ofa balance risk and this is comparing a raft of banks. Of insuringhe cost against defaults. Indeed. You have 102 billion worth of bank debt making investors nervous around the market. We will get more context on that number and show you how it compares to others. We talked about weakness coming through and you can see some of the risk aversion coming with a strengthening in the yen and a stronger negative rate weakening the currency and a distant memory, it would seem, now. The bonds are negative for the first time ever. We have gone from negative rates in japan and the yields percent oints to that was the yield. We want to remind you that we started this year at 3. 2 . They seem more worried about the global picture. We have gold