Month. Corporate earnings and sharp moves from the likes of broadcom, origacle, and adobe. And the u. S. Is weighing new 100 tariffs on new european products, including whiskey and cognac plus, a big interview just minutes from now Morgan Stanley Ceo James Gorman, a live and exclusive interview right here at the exchange joining us for the hour is lindsay bell, chief investment strategist at ally invest. Good to see you today, lindsey were seeing the markets kind of shrug over these trade headlines, why i think the market has really priced in a phase i deal getting done the news in the Early Morning market got excited and that quickly got deflated the market is up 26 yeartodate its trading at an 18 times multiple which is pretty rich by historical standards this is really just the market kind of taking a breather and waiting for earnings and the Economic Data to really get caught up to those earnings multiple we are set for record alltime closes. Anything positive for the s p and nasda
These are your markets. A bit of a move sideways for the europe stoxx 600. Mix the data across the world and mixed corporate earnings. If you look at the banking sector, it is one of the biggest gainers. We have a german manufacturing orders and Euro Area Services pmi for the month of october. Better than expected. Anything above 50 means expansion and we were expecting 51. 8. So look out for any movement on eurodollar and the u. S. 10 year yield. Coming up, we speak to the president of south africa. Come alk about s escom at a possible ratings downgrade. But first, lets get to bloomberg first word news. We begin with the impeachment inquiry for President Trump. The actions of Rudy Giuliani deeply unsettled to ukraine, outlining a quid quo pro. This is in exchange for investigating joe bidens son. Julienior ambassador said Rudy Giulianis role started as perplexing but quote became more insidious. The world has gone mad with free money according to ray dalio. He decried the current poli
Objected in clear and strong terms, and we have done ever since. The bbc has heard that Prince William is worried for his brother harry and hopes he and meghan are all right after the couple acknowledged they we re after the couple acknowledged they were struggling, in a tv documentary. Despite unionist objections, abortion is set to be decriminalised in Northern Ireland at midnight tonight. And the dangers of heading a football. A new report on the risk of brain injury. Its been another day of Brexit Developments in parliament, and at the end of it mps are no closer to passing a brexit deal than they were this morning. The main news of the day was something which didnt happen. The speaker ruled out a vote on borisjohnsons brexit deal, saying the motion had already been brought before mps on saturday and that it would be repetitive and disorderly to debate it again. This weekend, mps nodded through an amended motion which withholds approval of the Prime Ministers deal until it has pass
Will leave anyway. The 21 conservatives who rebelled, including some of the most recognisable former cabinet members, have been expelled from the party. In other news, after battering the bahamas, and killing at least seven people, Hurricane Dorian is heading for the florida coast. Promise for Public Services but who is paying . As the chancellor prepares to turn on the spending taps, critics accuse him of gambling the economy to win an election. Im at old trafford ahead of the crucial fourth ashes test. Can jofra archer deliver for england against australia . Well hear from the fast bowler. Showers will be at old trafford this afternoon as they will be for most of the country. The wind will pick up of the country. The wind will pick up and it will turn cooler as well. All the details, right here on request. Breakfast. Its wednesday the fourth of september. Our top story. Its the morning after the night before. In just one day, borisjohnson lost his working majority, his first commons
21 conservative mps have been suspended from the party after helping to defeat the government in last nights vote on mps taking control of todays parliamentary agenda. In other news, hong kong leader carrie lam is expected to announce the formal withdrawal of the extradition bill, which sparked three months of Anti Government demonstrations. And after battering the bahamas, killing at least seven people, Hurricane Dorian is heading for the florida coast. Good morning and welcome to the bbc news at nine on the bbc news channel, bbc two and were joined today by viewers on bbc world. What a difference a day makes. After a hugely dramatic return to the commons after the summer break, borisjohnson lost his working majority, his first vote in the commons, and potentially control of the entire Brexit Process. Mps voted by 328 votes to 301 to take control of the parliamentary agenda as they look to block a no deal brexit. The commons will decide later whether to back the bill which would bring