The world. The nasdaq up 0. 9 . Gold continues to rally. 1733. 48 an ounce. Plenty of currencies are moving against the dollar. How are we doing in europe, guy . Guy we are up, being driven by the oil and gas sector once again. We are trading near session highs. The stoxx 600 up by around 0. 6 . Relatively muted volume today, and to be honest, the volatility , soting to come down again bear that in mind. We seen a lot of centralbank news over the last few minutes. Christine lagarde has been briefing eu leaders as they kick off their summit, their videoconference. She has been warning them that gdp may fall by 15 within the region as a result of the virus. That is largely backed up by some of the pmi data we saw earlier on, particularly very Weak Services numbers coming through for the eurozone. A littlearting to see bit of tightening in some of the spreads. Btpsbunds coming down a bit, so a little bit of outperformance for peripheral bonds, but other big move upside for brent. To circl
The impact of water shortages in the indian city of chennai. And jobs get shelved. The effect of trade wars on small businesses. Live from our studios in singapore and london, this is bbc world news. Its newsday. Its 1am here in london, 8am in singapore and 3am in turkeys biggest city istanbul where thousands of opposition supporters have been celebrating on the streets after their candidate has been re elected as mayor. Its the first time in 25 years the ak party has lost control of istanbul. They roared, notjust in victory but in celebration that their turkey still exists. An opposition thats waited 25 years to control istanbul but long felt incapable of success, savoured its moment. Ekrem imamoglu has brought in the hope they craved with his optimistic message, rebuffing attacks with smiles and he won by a landslide. Translation i asked god for this result to bring good fortune to our nation in istanbul. He protected 100 years of democracy in this country. Thank you, my fellow citiz
Industrial heartland on the impact of trade wars on Small Businesses. Close to 200 days with hardly any rain. The impact of water shortages in the indian city of chennai. Live from our studios in singapore and london, this is bbc world news. Its newsday. Its midnight here in london, 7am in singapore and 2am in turkeys biggest city istanbul where thousands of opposition supporters have been celebrating on the streets after their candidate has been re elected as mayor. Its the second time he has won this year. In march he narrowly beat a candidate from president erdogans ak party, but the result was annulled. This time he increased his lead to nine per cent. Its been seen as a rebuke to the president his worst political setback in decades. Mark lowen is there. They roared, not just they roared, notjust in victory but in celebration that there turkey still exists. An opposition thats waited 25 years to control istanbul but long felt incapable of success, savoured its moment. Ekrem imamogl
Secret tunnels of a london landmark as its transformed into a luxury hotel. Hello and welcome. The us secretary of state mike pompeo is on his way to the middle east for talks with both saudi arabia and the uae and an offer to negotiate with iran. There have been days of extreme tensions between washington and tehran. It includes reports of an american cyber attack on iranian weapons, apparently in retaliation for the shooting down of a us drone. Our washington correspondent Chris Buckler reports. Having backed away from military strikes, america is trying to show it is not afraid of conflict with iran. Officials say they launched cyber attacks, which they claim disabled iranian systems controlling rockets and missile launchers, exactly the kind of hardware that was responsible for shooting down an american drone over the gulf. With tehran showing off the wreckage and President Trump threatening iran with obliteration if this ends up in confrontation, the International Community is inc
And filmed for the first time, secret tunnels of a london landmark as its transformed into a luxury hotel. The us secretary of state mike pompeo is on his way to the middle east for talks with both saudi arabia and the uae and an offer to negotiate with iran. There have been days of extreme tensions between washington and tehran. It includes reports of an american cyber attack on iranian weapons, apparently in retaliation for the shooting down of a us drone. Our washington correspondent Chris Buckler reports. Having backed away from military strikes, america is trying to show its not afraid of conflict with iran. Officials say they launched cyber attacks, which they claim disabled iranian systems controlling rockets and missile launchers, exactly the kind of hardware that was responsible for shooting down an american drone over the gulf. With tehran showing off the wreckage and President Trump threatening iran with obliteration if this ends up in confrontation, the International Commun