Provide an outright majority but the party more than doubles its seats. The Third Largest in parliament. Saudi announces it will sell up to 0. 5 of shares to Retail Investors and stays mum on what could be the worlds ever largest mistake. Well, good morning and welcome to street signs a check on markets and how they are fairing this morning a wall of red for asia and nikkei down a quarter of a percentage point but a big move for the shanghai currencies. Big mover in the hong kong index here this after Hong Kong Police opened fire on protesters during todays morning commute, leaving one man in critical condition. Now, these latest demonstrations come after prodemocracy lawmakers were arrested on saturday it weighed on stocks in asia, as i have been recounting shanghai actually the lowest, the most its dropped in the last four months for more inform oiation on whata been happening getting sold on rare week day violence as weekend unrest rolls over to the citywide protests on monday drops
Estimates. The biggest thing on the economic front, the bank of england coming out with its Interest Rate cut as well as increased stimulus here. Factory orders, durable goods orders coming out a little better than had been estimated but it does not seem to be changing the direction of stocks to any significant degree at the moment. Still seeing very little change as investors weigh what the bv has done with the bank of japan and try to extrapolate what the fed in the u. S. Will do. Playing into what we are seeing today asked stocks fluctuate above and below the zero line i half hour after the beginning of trading. I what to look at what is going on in the bond market following the bank of england action and following the Economic Data. As we saw in the u. K. We see yields moving lower. 1. 49 in the United States and taking a leg of further down after we got this Economic Data although it does appear to be better. In terms of individual stocks that we are watching this morning, weve go
Charles goodhart. We will get on to the boe, brexit and the fed. First things first. Lets check in on these markets. After five days of losses, european stocks are swinging a touch. They are now down from 0. 1 . 1. 5 . Cks down we did see quite a lot of movement in the last five days. Dollar rising. Oil holding, i wanted to show you the swiss franc versus the euro, 109. 56. 1. 0 956. Lets get to the bloomberg first. Ord news with nejra cehic nejra Hillary Clinton has released a comprehensive disclosure about her health. It says she is recovering from pneumonia and all of her vital signs are normal. Her condition became a potential election issue when she appeared to need help entering a car on sunday. The Clinton Campaign has criticized Donald Trumps disclosure about his own health. He went on daytime tv to provide a vague view of his physical condition. The u. K. Government has approved a plan to build two Nuclear Reactors for 18 billion pounds in southwest england. Reason they decide
Can a lesson from Hillary Clintons dr. Back on track . Caroline the key question for todays trading is, weve got Central Banks not expected to very much and what does it mean . Have a look at my futures market, down a percent overall. A little bit of lackluster in terms of your risk appetite. Guy your morning function. The biggest takeaway from this is yet up, decay down. Is yen up, nikkei down. The nikkei is responding to some of what is going on and u. K. And the united states. It seems logical. We will watch and see what. Appens lets get you caught up with what you need to know with bloomberg first word news with haidi lun. Haidi Hillary Clinton has released what her Campaign Calls a comprehensive disclosure about her health. It says she is recovering from pneumonia and all over vital signs and all of her vital signs are normal. She appeared to need help entering a car on sunday. The Clinton Campaign has criticized Donald Trumps disclosure about his own health. He went on daytime te
Down at the bank of england where the debate is how hard has brexit been on the economy . And if they take a sledgehammer to the rate, the policy affected just a month ago. Manus, as we go to the program, outside the bank of england a lot more to talk about. Let us start with the bond market. I have a great chart u. S. , 530 spread in the we have seen that widening for nine straight day. What we see here, many people suggesting that this is giving us a signal in the markets, that we have not seen since 2012. The yield curve deepening for nine straight days, investors went to be in at the shorter days, that we might not see an increase in interestrate from the u. S. Fed when they meet next week. A busy week for central bankers of course next week. And a policy is on hold, what is that due to inflation, and we see bond markets adjusting as a result. Lots of talk about in the bond market as we go for the program. Lots more from manus at the bank of england. Let us throughout the risk rada