All three auto makers at once, targeting some of the most profitable plants for gm, ford and still lantus. By stopping work in only certain plants, the union can effectively bottleneck production without having to call all its members to strike at once. The union is seeking better pay and benefits, including the and of a tiered pay system, a shorter workweek and better plans for retirees. Auto makers say thats out of reach and that meeting the unions demand on worker pay would not allow them to compete with foreign car makers. The union has an advocate and President Joe Biden who has voiced his support. Meanwhile, donald trump plans to skip the second republican primary debate and instead speak to Striking Union members in detroit. We instead speak to Striking Union members in detroit. Instead speak to Striking Union members in detroit. We will be Trackina Members in detroit. We will be tracking the members in detroit. We will be tracking the fallout members in detroit. We will be trac
President trump as mentally deranged. From next year banks and Building Societies will have to carry out checks on all current account holders to establish if they are in the uk illegally. A hive of information, scientists place trackers on bees to help more about their life cycle and their illnesses. A very good morning from florence. So often on this long Journey Towards brexit we talk about important announcements and perhaps use the term to loosely in the media, but there is the filling in florence today judging media, but there is the filling in florence todayjudging by the cameras around me that this is actually an important occasion. Of course, though brexit negotiations have pretty much stalled over the last six months, we are on the eve of the fourth round of negotiation and still stuck on those difficult first phase issues. What are we going to hearfrom first phase issues. What are we going to hear from theresa may today . Probably detail on two important numbers. The first n
Miners show strong prices. They rally to the up side. Good morning, everyone youre watching street signs. It is a brandnew show on a brandnew monday welcome to the new week. On street signs the stocks are up 0. 2 . Not seeing too much action right now. We still have a lot going on when it comes to catalonia well come to that in a little bit. When it comes to the overall European Equity market, no major data points to tell you about today. Lets show you what the indices look like at this point. Were seeing the xetra dax well off the session lows. It was off by 0. 7 well tell you about all of the latest happenings. Advancing by 0. 5 and we are coming off five straight weeks of gains and were still trading close to fourmonth highs. Not doing too badly here when it comes to the sectors, basic resources doing well up by 2 copper and iron were priced in the asian trading sessions oil not doing too badly either were seeing utilities and industrials slightly under performing back to our top st
On the agenda . Think north korea. The focus. Trump says just fed focus. Trump says fed focus. Trump says sunday that powell, are in the running. Matt what stock futures are doing in the half hour until the start of trading. You see we are up across the board, not a lot of moves. There is not a lot of directions to riskon riskoff. We dont see a lot of moves in bonds. Not in the bund or treasuries either. Take a look at the argentinian 100 year bond. I have this up on the btv screen. You can access it on the terminal. We can see the yields here at almost 7 and this is one proxy to look at for what investors think of argentina. President won a big boost. His reform agenda [no audio] story is whatst is happening in the nikkei. Abe. In by on a win by you see the yen coming under pressure as well. On a real tear at the moment, the nikkei. The other story i want to draw your attention to, what is happening with the turkish lira which has been hit hard overnight. We have seen more negative u.
At 1. 1764. The ifo index was at record highs in august, but we saw that preelection dip to 115. 2 in september. We were expected to stay around those levels but we got a stronger showing than what we had anticipated. If we look at the german ifo conditions, a forecast of 123. 8. And the ifo expectations index, 119. 1 versus a forecast of 107 this all beating expectations. Annette is in frankfurt with instant analysis this is all fairly strong data a day ahead of this crucial meeting from the ecb that would in a way justify tapering, wouldnt it . Of course in looking at the German Economy, tapering is justified if we would set the Monetary Policy for germany, i think we had taper quite for a long time already. Let me run you through what were hearing from the ifo institute. I think all the insecurities surrounding the outcome of the german election has gone people are investing people are optimistic about the future the expectation component is always very important. And that this has