America gives us a look into what is next for him after his 24 year run at the company. We are 30 minutes into the trading day. Ulie hyman is here julie we are seeing all major averages on track to close higher. A higher ratet than estimated. Picture with the new home sales. Month over month, rising at 0. 7 . That is the annual pay. Another positive Economic Data point so we are seeing in the stock market. I want to look at what is going on in the bond market. Market participants are awaiting the announcement of who will be the next head of the federal reserve. The news broke that Jerome Powell was the front runner. Taylor is the other front runner here. We have been seeing an increase in bond yields today alone. Here is the upswing when that news came out. We dont know until it is a done deal. The increase in bond yields is helping the financials as well. We had financials in the top spot with a 1 gain. Definitely supporting gains in the market. Technology also bouncing back. Consumer
Founder, joining us live. Having a look at european Equities Trading right now, we are 30 minutes away from the friday session. Look at that, look at the stocks rising. Down for the week, all these equity bosses, are up today. Currencies are lower, bond yields gaining, commodities and cbss arid final two columns. 30 weeks ago yesterday was black monday. The day after was a record decline. Yes on black monday, the ftse fell. A record 12. 2 , the two day drop equated to 138 billion. The cap at the end of the day was 497 billion. Today it is 2. 0 8 trillion pounds. If i said dollars a few seconds ago. Ftse act then in 1987, the has jumped. The dax in comparison up by 900 . What a rise for the stoxx 600, 377 . This is the function, probability, listen to the probability of a rate hike in november. Were 77 percent, a month ago 65. 5 , two months ago, the probability was 4. 7 . The does Deputy Governor says i slowing he is clear gradual process of raising rates would be warranted if the bank
After a day of high Political Drama, a second cabinet minister has been forced to quit inside a week. Today it was the turn of the International Development secretary priti patel, made to rush back this afternoon from a government visit to africa and then summoned to number 10. The reason a series of highly sensitive and unauthorised meetings with israeli ministers that she had failed to mention to the Foreign Office. She offered theresa may a fulsome apology. Labour accused her of misleading the public. Our Diplomatic Correspondent James Landale broke the story of ms patels secret meetings. His report contains flashing images. Priti patel arriving at the back to downing street tonight. A short walk before a mighty fall. And then after a brief meeting with the Prime Minister she was out out of office for the secret meetings she held while on holiday in israel, putting on a brave face for a remarkable act of political self harm. In the Ritual Exchange of letters, the now former Internat
And coming up on sportsday on bbc news, englands women say theyre aiming for revenge ahead of their crucial ashes test with australia overnight. Good evening. After a day of high political drama, a second cabinet minister has been forced to quit inside a week. Today it was the turn of the International Development secretary priti patel made to rush back this afternoon from a government visit to africa and then summoned to number 10. The reason a series of highly sensitive and unauthorised meetings with israeli ministers that she had failed to mention to the Foreign Office. She offered theresa may a fulsome apology. Labour accused her of misleading the public. Our Diplomatic Correspondent James Landale broke the story of ms patels secret meetings. His report contains flashing images. Priti patel arriving at the back to downing street tonight. A short walk before a mighty fall. And then after a brief meeting with the Prime Minister she was out, out of office for the secret meetings she h
Give speeches in portugal. 5 15 this afternoon in washington, President Trump and give s Prime Minister joint statements from the rose garden, right after their meeting at the white house. Day, ur top news of the theresa may finally seals the deal. Youve got sterling advancing his morning after the u. K. Prime minister struck a deal with Northern Ireland. Or more, were joined by ben stills of Bloomberg News editor who joins us from madrid. Us. Thanks for joining what kind of position does this leave theresa may in now on his week where theyre going to vote on the queens speech in house of commons . A modicum of ides after ty for theresa may a rough few weeks since the election t. Means shes going to have the support from this irish party, which will allow her to prove program on thursday and at least begin the process of putting her government in place. Alix good news on monday, but the weekend was pretty tough for theresa may. You have the sunday times tories want to cellor fill i am