A very dark london this morning. Coming up later, the brexit show. We will be joined by the former Prime Minister of ireland. Lets quickly check your market s. Eurodollar. No, its euroyen. This is what the pros look at. Its the end of the quarter so were seeing a little bit of caution when you look at the stoxx 600. The price of oil. The Spanish Government is continuing efforts to stop an independence referendum in catalonia. The Regions Administration is pressing ahead with a vote even deployed thousands of police and arrested eight dozen local officials. Catalonia includes barcelona and theunts for a fifth of economy. In the u. K. , most members of theresa mays party think she should quit before the next election. Ina poll, 13 said she should leave now or in the next year. And the same proportion said she should go just before the next elections in 2022. Meanwhile, 38 think she should quit after britain has left the European Union, march 2019. Steven mnuchin says the republican tax p
First things first. Lets check on markets. We are expecting about half an hour from now the Spanish Deputy Prime Minister to make a statement on catalonia. Stocks in europe nudging higher. Miners gaining. Oils also gaining. The euro weakening a touch. Spanish stocks falling. Lets get straight to the bloomberg first world news. His sebastian salek. Sebastian kurtz has declared victory. A win for his Peoples Party would shift the politics to the right. It is also seem to have paved the way for the eurosceptics party to be in government. Angela merkel has to talks this week in a more moral position after her party suffered defeated lower saxony. Its her worst result in lower saxony since 1969. The worlds top central banker is for that inflation will stay low for much longer and they will push ahead with plans to tighten Monetary Policy. Janet yellen thinks u. S. Prices will accelerate despite a. Of softness. Is that theuess software easily not persist and with an ongoing straightening of
With the weather chris, parts of the uk are going to see Something Special tonight. Yes, uk are going to see Something Specialtonight. Yes, its uk are going to see Something Special tonight. Yes, its a decent night for spotting some of this. The Northern Lights, i will be telling you how they form and perhaps more importantly where the best places are for catching a glimpse of this dazzling astronomical display. Also coming up, dont try this at home. The british adventurerflying high ina home. The british adventurerflying high in a camping chair strapped to helium balloons. Hello, this is afternoon live. I am simon mccoy. The uks economy grew slightly more than predicted in the three months to september, increasing the likelihood that the bank of england will increase Interest Rates next week. According to the initial assessment by the office for National Statistics, the economy expanded by 0. 4 , with strong performances in the services and Manufacturing Industries. The construction s
We have a very packed show. Quickly onto your data and onto your markets. This is how we are looking in terms of the picture. A little bit of the markets moving sideways. Im getting some of your Areas Service p. M. It is in line with estimates and it is what i am looking at. Overall, they are moving sideways and if you look at bonds, they are rising climbing on the back of will be did in saudi arabia. Those are the markets. We had a great guest lined up for you today. Will be speaking to the former president of the ecb. Wilbur ross joins me a little later today. We will talk about the tax plan and the paradise papers. Lets get to the bloomberg first word news with nejra cehic. Nejra in the u. S. , 26 people have been killed after a gunman opened fire at a church in texas. Another 20 were wounded in the attack at the First Baptist church, in a small town in burleson county. Victims ranged in age from five to 27 five to 72 years old. Japanese Prime Minister shinzo abe has announced lines
Need to look out for is volatility in the market. Your markets and this is what we are seeing overall. Global stocks seem to be more study certainly than they were yesterday. Rising. X stocks and europe edging higher. That means theyre having their worst week since november. The brazilian real well talk about all day, 3. 37. The vix down. A little bit of a swing upwards yesterday. Lets get to first word news. Sebastian the u. S. Treasury secretary says breaking up the banks would be a huge mistake. Steven mnuchin says the u. S. Administration does not support splitting commercial and investment banking. Elizabeth warren accused him of a bizarre policy shift. Temer has defined calls to step down, saying an investigation will clear him of a coverup. Media claimed that he approved hush money for the former House Speaker. Realurmoil has seen the tumble. U. K. Political parties have criticized theresa mays approach to brexit ahead of next months election. Jeremy corbyn refused to take her b