Of a uk election still looms, despite the governments double defeat in the house of commons 48 hours ago he was leading the chants of stop the coup, let the people vote. Now hes saying, stop the election, stop the people from voting two year treasury yields hit the lowest level since 2017, while Goldman Sachs ceo tells cnbc exclusively a recession could be on the horizon. Bond market is reflecting a sentiment there is anxiety about the prospect of a recession, in the u. S. Less evident in the data, perhaps more evident in a variety of different markets like germany here in europe. But it is possible well, markets are trading a lot more buoyantly overnight, especially on the news that the two sides, china and u. S. , are reportedly going to have a meeting in october thats given a relief rally to asia markets and u. S. Futures as well as were heading into this european session you see there is quite a lot of green on the board already for the stocks 600 after the better session yesterday
Options. In london, we have a packed show for you. And through the week. A lot of focus on brexit. First things first. Checking in on the markets. A selloff. The selloff of the riskier assets has eased some much. Best has eased has eased somewhat. The one i want to show you is rand. The president of south africa plans to fire his finance minister. We will keep an eye on the emerging markets and we will talk commodities as well. Rand the South African has slumped this morning after the president was set to tell the Senior Leaders of the communist party that he plans to remove the finance minister. That was according to three people who were at the meeting. A spokesman said the people were misinformed. The u. K. Brexit secretary david davis says the u. K. Will not cough up the sums of money that eu officials are saying it will need to to leave the block. Jeanclaude juncker says the to forecast set around 50 million pounds. The bill is set to be an early source of disagreement. Scottish f
There is too much towards the top of the market and not towards what some people call the real economy. Anna a very warm welcome to countdown everybody. I am anna edwards. Manus i am manus cranny. You had in the headline. Over they in the u. S. Past five days up by 50 . In europe, up 19 . A wonderful story on the bloomberg. It is called misery, not talking about me. [laughter] misery loves a companion. Have a look at this. It really does tell i suppose a phenomenal story about asset class correlation. Lets have a look at the full screen, dollar for us. Oil a big culprit. Gold down 22 out of 24 of the developed markets. They are indeed done, in terms of the equity market. There is the risk radar in terms of our perspective this morning. Anna msci emerging markets down 3 , misery loves company. Nowhere to hide. But how you like. Manus i love that. Anna are things turning around . Do things look different as we go towards todays trading day u. S. Future pointing . To a stronger opening. A
Great is it on the Rearview Mirror . You watching Market Makers. We have breaking economic news. The fed index, scarlet fu has the headlines. We are going to cover it here. The philly fed index coming out at six points, way under expectations. It is the worst since march 2013. 2013 . Pardon me, march 2014. Everyone is talking about how strong the u. S. Economy is, how great we are doing across the board. This is a surprise. I did not expect this. Horrific retail Sales Numbers yesterday for the month of december. Two pieces of Economic Data about the pace of the u. S. Economic recovery and ultimately , not just the demand of consumers. We are going to talk about the greatest buying opportunity in the month of january. Top Global Finance and business stories of the morning. Switzerland rock Financial Markets around the world. They lifted its policy of capping the swiss franc against the euro. A huge move against the dollar. Swiss stocks plunged. Switzerland is an export reliant nation by
Negotiation that has to take place. And it needs to involve people who represent several different points of view, both from within the ruling party and outside. And that observation brings me to mr. Pendergast. After the Security Councils approval of additional peacekeeping troops for south sudan last month, you commented that the political and diplomatic elements of International Responses to most african conflicts have been slow and ineffective. Which have put more pressure on peacekeeping missions than they have the wherewithal to fully adept, to which theyre totally unprepared. Can you talk about this . Id like to go into greater depth of the context of the Current Situation in south sudan. And why its important for the peacekeeping missions to be accompanied by very rigorous diplomatic engagement from members of the International Community, particularly the United States. Thanks, senator. Yeah. You look at the three biggest missions today on the african continent, south sudan, da