Close to current levels. Joining us now from our amsterdam euro is the Senior Energy economist at abm amro. Unchanged does not sound so that in a world where everybody is concerned that the economy is teetering on a recession. Do you share that view . Say i dont fully agree. We are a little bit more bearish to be quite honest. Especially after last weeks opec meeting, i think that agnal was rather mixed and little bit disappointing, actually. Saudisderstand why the think it should be 50 it should be 65, but i have my doubts whether we see that. Anna good morning to you. Let me ask you about the impact of the price we have at the moment on the ipo taking place tomorrow of saudi aramco. What are your expectations . We have seen expectations paired back. Creation of the worlds most valuable company. Yes indeed. It was a positive. In that respect. It was well oversubscribed. The price at the top of the range. Indeed, on the other end, it was disappointing because saudi arabia expected more
The start of equity trading. Here in europe, but as ever, our coverage is global. Lets check in with what we need to be watching for. We are live in hong kong and paris to give a rundown of the stories you need to focus in on. We have Global Coverage coming in from the team as we focus in on the weekend events in hong kong. A budget to talk about in saudi arabia. An protest activity in france that matt was just referencing. Lets go first to stephen engle, who joins us with the latest protest activity. Give us a rundown of what has been happening. Question is how long will these protests continue . Ongoingeen six months with violence over the weekend and late yesterday we had the first major march again from the ch rf, the organizers of those large million plus person marches back in june. They have had their applications for marches denied by the police up until this weekend. It has basically been carried off without incident. There was some vandalism at the high court and some graffit
Threatens to escalate the trade war with china if a deal isnt reached. He says the deal is close but provides view details. Spains ibex is the worst performer. The party is still short of a parliamentary majority and tullow oil and the iea wants global demand. We are live at the ubs European Conference where well be hosting a global panel in about 40 minutes time. Charles plosser and peter praet, the former chief ecb economist good morning one of our top stories today, trump has called on the fed to cut Interest Rates to negative he resumes criticism of the Central Banks policy and insisted the bank has restricted the u. S. We are actively competing with nations who openly cut Interest Rates so that now many are getting paid when they are paying off their loan. Negative interest. Whoever heard of such a thing. Give me some of that our Federal Reserve doesnt let us do it later today, Jerome Powell is set to address the state of the economy to congress. The central bank said the rate cut
Epstein death, attorney general william barr says that the prison had serious irregularities. He is speaking in new orleans, saying that the prison had serious irregularities. The case was personally important to him, that the victims deserve justice, and they will get it. Quite strong comments from attorney general william barr. We will get to the bottom of it, and there will be accountability. Lets get to those markets here in the u. S. Stocks are lower, as are yields. The 10 year at 1. 67 . 7. 095, once yuan at again weaker fixing on the part of the pboc onshore. At 105. 28. 1. 2508 guy the other big story dominating things, the latest on hong kong. Officials are working to reopen the International Airport at 6 a. M. Tuesday. Thousands of protesters occupied the main terminals and protests that saw the police fired tear gas and rubber bullets at close range. S asiag us is bloomberg anchor yvonne man. They want to reopen the airport. Does it look possible at this point . Yvonne we wi
Faber broke the story, a lot more on what it could mean for media content and streaming and more the vote is in, bill ackman has lost it was a pretty tough shella shellacki shellacking. Well talk to Carlos Rodriguez about this companys victory coming up. Bob lutz says we are approaching the end of the automotive era and in 20 years no one will even own a car well dig in on bobs predictions. David, first up, the latest on disney fox. Listen, yesterdays story was interesting, largely for the fact while it may not actually occur, that is disney buying many of the units of 21st century fox, the idea that 21st century fox was willing to engage in talks designed to sell a large part of the company, willing to go smaller in and of itself sends a significant signal to many of the Traditional Media Companies out there and that is the case again as we had reported through yesterday at 1 30 when we broke the story, talks had taken place over the last few weeks. They had ended although they could