Judicial review and it will be up to the courts to decide if this report stands its also worth remembering that the Public Protector has had a record of having some of the reports overturned by the courts given that there were issues around the legality and perhaps some of the foundations that these reports were written on the president says this is the case once again now is not dealt specifically with the accusations leveled against him by the Public Protector that he was that he lied when he responded to a parliamentary question around the donation his campaign when he was running for president of the African National congress when that campaign took place but he says that the courts will now decide the Public Protector had to prescribe some remedial action in that the report should go to the Parliaments Ethics Committee for review and possibly investigation and also the president should be investigated for Money Laundering she says she has evidence that this is the case amounting t
Pretty much unchanged, but a few stocks are moving quite substantially, including gilead appliances, up, making a 5. 1 billion investment into europes galapagos. Theill be working more on inflammation joes, this is the hepatitis c drug goes away. Broadcom is up one and three quarters percent, that is up on the idea that the broadcom deal may not take place because talks have broken off. City group has turned itself around, the first of the megabanks to report this week. Some good elements come and some less good elements. Meanwhile, one of the major events overnight was chinas gdp growth coming in at 6. 2 for the Second Quarter. For more on the impact of this and of the Global Economy, stephen king is joining us, he is a senior Economic Advisor at hsbc. Talk to us about the china gdp growth number. It is not seem to be impacting markets much. Do you see Warning Signals . Agohen 6. 2 a few decades would be remarkably weak, but by the standards today, not bad. I think that the chinese wo
Firm darktrace in a deal worth 5. 3 billion and airbus slides after the plane maker posts a miss after ramping up production in a bid to extend its lead over boeing if you look at our order intake for q1, which was 170 units. Half of that from the a350. That momentum we see to continue good morning happy friday yesterday, i was telling you we have about 300 Companies Reporting across the european continent. Today, you might be thinking is it a quieter day not really we have 100 Companies Reporting, but investors are monitoring data from the United States as well as the meeting from the bank of japan. With that context in mind, i want to take you to the stoxx 600 and how it is trading at the moment we have the benchmark in europe trading higher by. 6 . The index closed down. 7 yesterday. I want to take you to the boards because we have seen an interesting picture when it comes to the ftse 100. Today, we have the benchmark here in the uk trading higher by almost. 5 the index has been tra
Fed. Ed to focus on the we have a 70 chance that the said wilhite grates in december according to market probability numbers. A 70 chance. That number has gone up sharply the last few days. Fridays payroll data was a huge part of the puzzle. How is it affecting markets . That story continues. Be byrried of the fed dennis . This is the reaction they would expect that will be concerned about. The dollar index continuing to climb. How of other markets taken it . Next, how the asian market is taking it. Good morning. If you look at the expectations, investors and increasing that expectation that the fed will take action to raise rates. What we are seeing is a next picture because the asiapacific index has been swinging between gains and losses. Still in the red, barely above the trend line. The hang seng index, modest advances. These are the movers in the sydney market. Evolution mining. The big story as they has been in china, the shanghai composite. 2 gain. Authorities have said they wil
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