Overspeed. The communist party wants greater sustainability. The ecb hints that a more stimulus is coming as governments impose new lockdowns. Seize until the crisis dies down. Breaking news out of south korea, we are getting the september numbers for Industrial Production, a rebound of 5. 4 . This is a rebound from a can fraction in the previous period. We are seeing revisions upwards for the previous month of august. This is a huge beat of estimates. Growth, on year number, a jump of 8 , really rebounding after six months of contraction for Industrial Production. That werising given have seen export numbers rising for the first time in seven months. We have seen more positive sentiment on external demand. Now we have Industrial Production numbers in south korea beating estimates. Just had the markets open in australia. At amp, one of the first stocks trading, higher by more than 20 . This is after they confirmed they have received a conditional proposal from u. S. Based areas, not en
Service to the country, justice today. Ruth Bader Ginsburg became and north bay temperatures iconic not just because she was tomorrow you can see how things on the Supreme Court, but because of her work as a civil are cooling off. So the long range forecast is rights attorney championing womens rights and those of very interesting in terms of other marginalized communities. Extremes. Here is the bad news. People who gathered at this vigil say its a moment to put it will bring a lot of much aside politics. Needed rain across washington i dont want it to be about and oregon. Other sides. May bring some showers. This is about humanity. This is about justice. On the northwest coast, i dont this is about all of us having think it will get quite to the county. But you will see at least a rights, and that is what the chance of some light rain. Notorious rbg stood for. What builds in behind the system reporter this event in oakland is not just an effort to as things look right now is a bring p
A temporary ceasefire to fighting in Northern Syria both turkey and the kurds say they will honour it. The son ofjailed drug lord el chapo is arrested, then later released, amid fierce fighting in northern mexico. And this weekend will see an increased presence of the premier leagues zero Tolerance Campaign against racism, following the scenes in bulgaria on monday night. Good morning and welcome to the bbc news at nine. Boris johnson will today attempt to persuade mps to back his new brexit deal, after forging an agreement with the eu yesterday. The house of commons will vote on the new deal tomorrow. Its expected to be extremely close. But what exactly has the Prime Minister agreed with brussels . First, to avoid a hard border between Northern Ireland and the republic of ireland, Northern Ireland will remain aligned to a set of rules related to the eus single market. Northern ireland remains a part of the uk customs territory, but by avoiding a Customs Border on the island of ireland
Arrows on this final day of september trading and q3. Obviously tons in the news flow this morning. A lot involving inflation as core pce comes in 3. 9 year on year. Thats the first 3 handle weve had in some time. Were watching washington and the potential for a Government Shutdown over the weekend. The uaw expanding their work stoppage to a couple of the big three. This is all par part of the story and how we view the Fourth Quarter and the economy into next year. Are those shocks going to make an impact . You mentioned pce, the inflation number. Thats obviously the talk of the day on wall street and somewhat encouraging we saw that core number go below 4 from last year. Its 3. 9 . Jane fraser, the ceo of citi says were halfway there to getting inflation down. The second half can be challenging. We spoke to the white house, head of National Economic council, lael brainard, and heres what she said about the path to lower inflation. The main story of all the naysayers was that you could
Into october . Lets bring in joe terranova, of course a cnbc contributor. And thanks for joining us. I wonder whether you think that given the intra day action today, is yesterdays bounce called into question or not . Well, it is end of the quarter. Just look at oil. Oil 95 early. Today settles 2 lower, significant reversal because oil was technically overbought. So there is a lot of dynamics that are playing out in the market. Small caps are back, small caps have been brutal over the last quarter. So a lot of positioning going on. I think that you have to now look forward into q4 and say to yourself is there a a catalyst ahead of us and i think that it would be earnings. I think that is the catalyst that can restore the prevailing bull trend for the equity market. We need technology, which has seen a lot of earnings revisions higher here as you march toward the end of the quarter, and that is somewhat inconsistent to prior seasons. It is going to be technology that is going to have to