Investors, be good for both companies. A little off their highs now. At one point, td was up 24 . Interesting to note, e trade is down on this deal. Guy lets take a look at the stoxx 600 in europe, down by 0. 4 today. The pound is rising. We have the labour party issuing its manifesto earlier on, bashing billionaires. Seems to be fashionable on both sides of the atlantic. See,n tenyear, as you can we are seeing a little bit of movement in yields today. The big movement actually came yesterday. People are watching what is happening with this trade story, trying to figure out exactly how the whole story fits with the trade story. We are going to talk about that in more detail. Vonnie the u. S. China trade war weighing heavily on the minds of world and Business Leaders at the bluebird new Economy Forum in beijing the Bloomberg New Economy Forum in beijing. Have a listen. We are at the foothills of a cold war. Common,ould pursue comprehensive, cooperative and sustainable security, and reje
The u. S. May give approval next month, but either regulators are more cautious. Tencent music find the right beat with earnings topic the highest analyst estimates. Lets take a look at how asian markets are set to trade today after a pretty terrible session yesterday. We did not get a great lead from the u. S. Wall street seeing very thin volumes and expert tatian still high that we will see this trade deal but some uncertainty coming through in the mix as well as you look at yesterdays trading due to we are looking at trading starting in sydney, i staggered open pretty much flat at the open after a robust session on monday. New zealand trading at 1 10 of 1 ahead of the rbnz decision. Economists split about whether we will see another 25 basis points easing from the new releases new zealand central bank. We will get some hints to what direction they will go with the inflation exit tatians report later today as well as housing prices. To cargo nikkei futures flat at the moment. We are
Brexit and Global Stabilization may mean a gradual may mean gradual hikes, but they did change the ascension on brexit for their latest projections. They wound up looking at brexit for their latest projections. They see inflation not hitting 2 until two years from now. Most importantly, two dissented and voted for a rate cut up when he five basis points. We are joined by bloombergs nejra cehic outside the bank of england. You are looking at these headlines the same way i am, as they come out. What stood out to you . David yes nejra yes, that ters, one ofo dissen whom was michael saunders. If there had been 80 dissenters, he was one that was expected. That split vote had been any dissenters, he was one that was expected. That split vote coming as a surprise. I am just taking a look at some of these headlines here. In terms of cutting the inflation and growth forecast, that was expected for both 2020 and 2021. It really is that split vote that has come as a surprise because all of the ec
President trump slams the probe and says hell release the transcript of his phone call and the Prime Minister cut short his visit as a call to resign i disagree firmly with what they have to say and it is right to go ahead with a plan for the queens speech we have an agenda to be getting on with. And set to be ousted after overseeing two profit warnings since taking over on the job just over a year ago good morning our top story this Morning House Speaker Nancy Pelosi has started a preceding of inquiry on the president in exchange for investigation into democratic rival joe biden and his family announcing the start, pelosi said trump had violated the law and betrayed the United States this week, the president admitted to asking the president of ukraine to take actions that would benefit him politically. Revealing dishonorable fact of betrayal of his oath of office and National Security and betrayal of integrity of our elections. Trump tweeted a fully reclassified and unredacted transcr
His view on rates. Criticism of the fed, President Trump renews his attacks saying Jerome Powell and his team dont have a clue. Lets look at how markets closed. The dow fell for the first time in five sessions. Session,thin trading after the Independence Day holidays. S p 500 down. 2 , led lower by health care and utility stocks for the main focus during the session was on the very strong u. S. Labor report. 224,000,ayrolls rising leading expectations to pare back some of the fed rate cuts. You have treasury yields, 10 year yield also retake the 2 and u. S. Stocks falling from record highs. Lets see how u. S. Futures are looking unchanged. See how the asian markets are shaping up. Sophie futures are looking at a mix of potential gains in tokyo but we could see declines in kiwi stocks under pressure but marginally to the downside. Asian stocks could take cues from wall street action after the u. S. Jobs report. Speaking of jobs, Deutsche Bankers across the region will learn their fate a