How much does it show chinas concern about the economy . How much will a hurt Companies Selling the to china . The yuan not getting u. S. Much bang getting eu as much for your buck. Out of greece, a deal is done. Greek minister. We want at devil and the detail. It moved a bit. The euro is declining. The dollar rise. Up against 16 Major Trading peers. It is dominating because of the yuan move. China trying to devalue and trying to play catch up as we will speak at the stephen saywell. The dollar has rallied higher against asian peers a global peers, will not see will not seen it. The overall affect market to very stable. They let go because the data makes too much sense to start a export growth. Dollar rallying higher. Will it play in for the Federal Reserve thinking of a rate rise . Is this exporting deflation to the rest of the world from china . Will it mean they are less likely to do rate hike . Dollar goes higher. 1. 9 higher. Willolleagues in asia point you through that. Other Ass
The terminal. 57. 4. Withigure bang in line earlier estimates. A strong figure if you look at the pmi manufacturing figure five yearsst four or or so, that is equal to the high of a couple of months ago. So, manufacturing going from strength to strength. 57. 4, the actual figure 57. 4. Sets us up nicely for the ecb meeting on thursday, backing some view that the economy is Strong Enough to weather the beginning of the normalization of of ecb policy. Check out what is happening with European Equity markets. We are on track for a weekly gain. Weve been alternating on a weekly basis for the lesast six. Infell for a third month august. Worst losing run since february 2016. The u. S. Jobs report. The euro is down against the dollar today. After rising for six out of the last eight weeks. Be question will be well asking our first guest of the hour is has the dollars fortune changed . To. 10year yields, fell 2. 11 , lowest since november. Est month for the u. S. 10year talking about falling y
And well be getting the inside track on a labour of love and furry bears we speak to the boss of toy firm about risking it all. As ryanair as rya nair changes as ryanair changes its rules on check in baggage, we want to know your stories on holiday hell. Ryanair says it will make cheaper to put luggage in their hold. Just use the hashtag bbcbizlive. Hello and welcome to business live. August Bank Holiday Weekend at luton airport, i will say no more billions are being invested in the future of Autonomous Cars, so the stakes are high particularly when it come to the rules governing safety and ethics. Later today lawmakers in the us will vote on a bill that would allow the likes of ford, google and uber to test thousands more self driving vehicles on the roads. The self drive act would give car makers and tech giants certain exemptions from federal rules that currently govern everything from steering wheels to seat belts if they can prove their tech is as safe as Traditional Cars. That wo
Delay of aramcos ipo which made push to be the biggest share sail into 2019. We will ask why. China calls. Economic growth science shows signs of growth. Retail sales taking lower relative to expectations. Does the chinese economy peaked in the first half of the year . That we will be following story this morning. Also looking at european futures. Not a lot to push us around this morning so maybe we will get some impetus from the china data. We see the euro stoxx 50 futures down one third of 4 and dax futures down. 251 . If you take a look at bunds, the yield is rising so investors selling off the perceived safety of German Government debt albeit a miniscule amount there and pushing the yield up right now to 0. 41 percent. We are starting to get a little bit of a firmer picture this morning but not a lot of movement after the drop in asian stocks. Guy that is exactly what we are seeing on the gmm and the currency column telling the story. But how many are in great. A bit of movement in
I am anna edwards. Lets get you the latest on what is happening with the greek story. Lets show you what has been happening on the euro. This is the euro against the dollar. We have seen the rhetoric continuing on both sides. Mario draghi says ball is in greece escort. The finance ministers are planning a Conference Call today ahead of that meeting on thursday. That is something to watch out for. That was surrounding a story in germany that suggested the eurozone ministers are getting closer to coming up with some sort of emergency plan for any grexit situation. As you can see the euro bounced and we are at the 112 mark. That takes us to our twitter question. In terms of following the great twitter story, who should make the next move to resolve the greek crisis . Lets recap the u. S. Markets. European markets were week as a result of the greek news flow and that fit into the u. S. Session. We had manufacturing data out of the u. S. Which missed estimates. We had two days of fed meetin