Welcome to daybreak europe. Investments slowed in china and gdp hit 6 . That is below the forecast of 6. 1 . Industrialy Strong Production data was a bright spot, but the chinese economy is likely to lose momentum. In terms of market momentum, we move to the downside on the shanghai composite. It has been a mixed picture overall. We will dig into the trade war. We saw gains on the s p 500 yesterday in the u. S. Euro stoxx 50 futures into the red. The 10 year yield tips to a 174 handle. The bloomberg dollar index near a july low. Prices givingairy the kiwi dollar a lift. The worst performer, the pound. Pulling back from a five month high. Yesterday, risk reversals. Volatility still near that 2016 hi, talking about one week volatility on cable. 12849. Back to the brexit story. After frantic negotiations just days from a deadline, Boris Johnson has reached a brexit deal. This is how he described it. This is a great deal for our country, i also believe it is a very good deal for our friend
Its anby aamamezing event that brings office and all over the country to nashville each fall to be with the thousands of readers and writers and book levers from around the region. And writers and booklovers from around the region. For those of us who enjoy being here the second weekend of october every year we are lucky its a free event. Thank you to a lot of the community support. Remember that the festival does depend on individual donations among other sources to remain free. Please take the time to donate what you can to help keep it free and any amount helps. Whatever amount you can spare. You can donate via the website, the app, or in person at the headquarters, tenant, throughout the weekend. And any amount is appreciated. Let me introduce the authors, kendra allen, the author of when you learn the alphabet. And janine the author of my time among the whites. Those are the books they will be talking about today. Kendra, i think you said you wanted to go first. Yes. What we will
At the table, we have u. S. And we have the chinese reformers and we have the chinese hardliners hsbc is reportedly set to slash up to 10,000 jobs as they look to cut costs on the new interim ceo. Buyer shares tick higher after another trial over the roundup weed killer is delayed the German Chemicals giant is inching closer to an out of court settlement. And ams fails in its 4. 5 billion euro takeover bid sending shares in the german Lighting Group lower, but they tell us the company is open to collaboration with the austrian chip maker well, good morning and welcome to street signs. Its the start of a new trading week so lets get into some of the price action wall street saw a higher close on friday. We had goldie locks employment report the headline number came inside lower than expectations still showed pretty firm backdrop with Unemployment Rate at 50year low. That yielded to somewhat of a mixed session for asia the focus overnight has shifted to those upcoming trade talks taking
About morals and morality is a disgrace the british Prime Minister dismisses calls to resign. He accuses the opposition of an obsessive desire to thwart brexit. And a dark world of child slavery and prostitution. We report from bangladesh and one of the Worlds Largest licenced brothels. Live from our studios in singapore and london, this is bbc world news its newsday. Good morning. Its 7 am in singapore, midnight in london and 7 pm in washington where, the white house has released partial details about the conversation donald trump had with the leader of ukraine, which has led to impeachment proceedings against the us president. The allegation that he threatened to hold back us aid unless ukraine provided dirt on one of his political rivals, led democrats to begin the impeachment process. The democrats say its damning evidence of his mafioso criminal behaviour. The president calls the entire story a witchhunt and a hoax. Our north america editor, jon sopel, has more. Hes made me more f
Positive things in the jobs report as well. S p up 0. 2 now, but of stocks making big moves on good news, including lululemon, up 8. 5 on analyst comments. Conagra, even though it got a downgrade and started the day lower, is up 0. 6 now. Guy lets get some insight on todays payroll number. It wasnt a headline level miss, but it kind of felt like pretty much what the market was looking for. With us is ira jersey. Ira, did todays number change anything . Ira i dont think it changed much. Like you mentioned, it was really a mixed bag. The number of hours worked, as well as hourly average earnings, was ok. When you look at what i call the paycheck of the economy, the some product of all of those the sum product of all of those things, it is higher than it was last month. Not much, but maybe we are stabilizing here considering average wages were falling for the bulk of the year so far. Vonnie larry kudlow mentioned that in terms of wages, we are now 4 plus over the last three months. Im won