7. 0159. Hore yuan at lets get a check on the markets. Abigail doolittle has the details. Abigail certainly a risk on day at the markets. The s p, the fifth day in a row for the winning streak. The optimism carrying right into the new week after some strong economic data. Of course, we have that continuing rally in china. 100 set for its third record close in a row, being helped out by amazon. And above 3000 for the First Time Ever for amazon. Has a 1 trillion market cap once again. Olibre is above 1000 for the first time. Nasdaq a member of the composite and nasdaq 100. Speaking of these records, its incredible. If we look at a chart on the march lows, the nasdaq is now up more than 51 . Did not exist in the Great Depression, but some say the rally for the s p 500 is Great Depression like after its huge drop. Only time will tell. It seems some of the folks that have been reluctant are finally joining in. These are member ranked returns. Money markets had reached a high of 4. 8 trillio
Lets look at these markets and our into the european trading day. Stoxx 600 in europe up by. 1 . And even start to the trading day. Evenly divided winners and losers on the European Equity markets. Lacking any direction. Into the u. S. , also lacking direction. We have seen a little bit above the flatline. Not getting a great bicker great bit of direction. A big focus on Central Banks and a u. S. And a focus on u. S. Policy. Titians, ay trade tensions, that coming up. Wrist bank leaves behind five years riksbank leaves behind five years. Is now what we are showing you. We were showing you the norwegian krone. Not to be confused with the riksbank. Bank, we scroll back to what they did there. That was as expected. See a to this picture, we number of Central Banks leaving policy unchanged. They were treated for negative Interest Rate hiking. They were moving in their own direction moving against the cutting cycle for many previous months. We continue to do that. Lets get a new lets get an
The prince denies any inappropriate conduct. In other news, Scotland Yard says it will look into claims of electoral fraud, after the brexit party said its candidates had been offered inducements by conservatives to stand down. Two people have been hurt in a large fire at a Student Accommodation building in bolton. More than 200 firefighters were brought in to tackle the blaze and in half an hour the bbcs Technology Programme click looks at the perils of the gig economy. Hello, very good afternoon, and if youve just joined hello, very good afternoon, and if youvejustjoined us, welcome to bbc news. In an unprecedented interview, Prince Andrew has told the bbc that he let the royal family down by staying at the home of the convicted sex offender, jeffrey epstein. Speaking to Newsnights Emily Maitlis at Buckingham Palace, the duke addressed accusations that hed had sex with a 17 year old american girl. He said he couldnt remember meeting Virginia Roberts as she was then called, and denies
Daybreak asia. Thisr top stories wednesday, new questions about President Trumps many deal that says chinas higher purchases of agricultural goods depend on a reduction in u. S. Tariffs. The imf cuts its outlook for the fourth straight time. And sterling reaches a new high on high optimism about a new brexit deal. Shery breaking news out of south korea. The jobless rate ticked up to 3. 4 in september. The estimate was to gain from 3. 1 , so the Unemployment Rate higher than expected. We have seen weakness in the private sector, south korea very exposed to trade tensions and slowing global demand, although we have seen passage of that extra budget in august, which could provide support for labor markets, but so far september unemployment at three point 4 . Australian markets just open. Lets turn to sophie. Sophie. Sophie sherri, shares in sydney are breaking ground, advancing fifth straight day, in tokyo the nikkei 225 open. It fresh 2019 high with valuations below the fiveyear average.
Its being reported that u. K. And European Union negotiators are inching closer to a brics deal speaking from france german chancellor Angela Merkel said talks way in the final stretch it comes ahead of a crucial summit of european leaders on thursday. Unrest has erupted on the streets of the spanish city of buffalo now for the 3rd night in a row tens of thousands have been protesting long prison sentences condits and 9 cattle on separatist leaders on monday. Italian authorities have begun recovering the bodies of migrants who drowned near the island of lampedusa last week the wreck of the boat in the bodies of at least 12 people were located on wednesday hugh. When do you know its safe to trust thats a question for german chancellor Angela Merkel shes all for rolling out the countrys 5 g. Network even if it comes with the label made in china and what to do when your future depends on the people you trust today we just ask prodemocracy demonstrators in hong kong for them the leader of