Starts to fray. We will speak to the governments key Economic Advisor at 8 30 gmt. We are less than 30 minutes away from the start of european cash trading. Futures are up and running. It is likely we will see a positive start, but we are looking at the fair value calculations a little later on. Lets take that and put it into context. Gmm, as ever, good context. The consumerof staple stocks doing well, chi as market up by 1. 56 overnight. London had a good day friday. We see the brexit story there, but nevertheless, it was interesting to see how the pound traded through. The s p, surging on the back of that jobs data. Keep an eye on the aussi dollar story. That is fascinating as we watch economic developments down under, and whether we will get a rate hike or not. Check out this data on gold. I put this up your because of what is happening with bitcoin. Lets look at what is happening across the gmm. Here we go. Gold, up by. 1 . The cftc data shows a huge pickup in shorts on gold. I put
Record stock rally off to the best start, best yearly start in more than a decade. Apple addicts, billionaire share hoerlds urging the iphone maker to take action against the long term consequences of childrens smartphone overuse. Nvidia saes big bet on autonomous driving, teaming up with vw. The best start to a year since 06, closing the week at record highs and s p and nasdaq turning in the best week since december of 2016 and the street now beginning to look ahead to earnings season wells fargo coming out with results later in the week well get Inflation Numbers and retail sales and citi and Media Conference and Morgan Health care conference. You mentioned nvidia and wong going down to consumer conference tomorrow. Whats happening is an interesting opportunity, the futures are down for once. People can get in provided that the stocks themselves dont go up im talking about caterpillar, United Technologies and nvidia, they are ramping, maybe let them come in and get a chance the resea
We have a lot of news for you. We need to look at the debate over the u. S. First things first. Lets quickly get onto your market check. This is what i am seeing overall. Losing somes momentum as investors try to digest recent gains spurred by the prospect of tax cuts in the u. S. , but also optimism for global growth. I am looking at oil over in texas. West texas crude sledding to 50 a barrel. Im also looking at gold. The dollar remains higher against most of its major counterparts. Im also look at what is happening in the topix in japan, the highest in two years. Nejra the white house has ruled out talks with north korea over the nuclear arsenal. Spokespeople told reporters that now is not the time to talk, adding that the u. S. Is interested only in discussions threeing freeing american citizens being held in the onion. Pyongyang. The the Justice Minister said the country would use all the tools at its disposal, including if necessary, the suspension of autonomy. S aussi dollar. Inf
Its wednesday 25th october. Im annita mcveigh. Welcome to bbc newsroom live. The uk economy is growing and at a faster rate than economists were expecting. The latest figures from the office for National Statistics paint a more positive picture of the economy. The figures show that the uk economy grew by 0. 4 between july and september. Most economists were expecting growth of 0. 3 which is how much the economy grew in the first two quarters. The bank of englands main Interest Rate is at the record low of 0. 25 . Todays Economic News increases the chances that the central bank will raise interests next month. Will raise Interest Rates next month. We can speak to our economics editor kamal ahmed. Why is the economy growing faster than many experts were predicting . think weve had better manufacturing news. Since the referendum, sterling has declined in value, which means oui has declined in value, which means our exports are has declined in value, which means oui exports are more has de
In order to move on. Were back in session. In order to move on with it, senator udal if since youre ready, well move on to you. Thank you. Thank you very much. And i appreciate the hearing and, first of all, id like to just put in the record the letter from the five ambassadors if it hasnt already been put in the record, Bipartisan Group of ambassadors that say that mr. Friedman is unfit to be ambassador. So i would without objection. I would do that. And i am going to agree with much of what they said. Im strongly opposed to this nominee. I believe secretary tillerson and President Trump should recognize that mr. Friedman is completely unfit for this or any other Diplomatic Office and withdraw him immediately. If not, i strongly recommend that this committee not recommend him for confirmation. Mr. Friedman does not represent American Values in the region. That is evident from his past statements and they are not rand om off the cuff remarks. Much of his offensive, inflamatory and insu