How much does it show chinas concern about the economy . How much will a hurt Companies Selling the to china . The yuan not getting u. S. Much bang getting eu as much for your buck. Out of greece, a deal is done. Greek minister. We want at devil and the detail. It moved a bit. The euro is declining. The dollar rise. Up against 16 Major Trading peers. It is dominating because of the yuan move. China trying to devalue and trying to play catch up as we will speak at the stephen saywell. The dollar has rallied higher against asian peers a global peers, will not see will not seen it. The overall affect market to very stable. They let go because the data makes too much sense to start a export growth. Dollar rallying higher. Will it play in for the Federal Reserve thinking of a rate rise . Is this exporting deflation to the rest of the world from china . Will it mean they are less likely to do rate hike . Dollar goes higher. 1. 9 higher. Willolleagues in asia point you through that. Other Ass
Regime . Is everybody going to float . What a difference this summer makes. Tom it is august. We are going to give you what we can today. Right now, we need wisdom on the top headlines. Here is vonnie quinn. Border,along the korean the most Serious Exchange of artillery fire in five years. North korea fired a rocket at a south korean border position and that prompted south korea to unleash an artillery barrage. Earlier this month, two south korean soldiers were wounded by a landmine in the demilitarized zone. Policy makers are getting closer to raising Interest Rates for the first time in nine years. Participant said conditions were approaching the point where the economy could sustain a rate hike. Moved to prop up the yuan. The Chinese Central Bank has injected the most money. The yuan fell 3 in three days last week. Kazakhstan is the latest emerging market to give up control of the exchange rate. Tenge reached a 23 drop. Hillary clinton might not have used the private server for emai
Welcome to the pulse. I am mark barton. Francine is at covering london city week. She will be hosting a panel on the economy with vito constantia. And Charles Evans. You can see that here live on bloomberg just after 10 00 a. M. Lets check in on the markets after two weeks of decline, stocks of open higher helped in part by the stronger oil price. Up by onelondon are third of 1 . The pound is lower against the dollar. Growth forecast will be published on thursday as with the latest u. K. InterestRate Decision. Is up by 0. 9 at 45. 78. Lets hit the latest bloomberg first word news. Is here. Ic crude prices are on the rise after wildfires in canada knocked out more than 1 million a day of production. The company iss Biggest Energy and have declared force majeure on supplies from the region. Thats a provision protecting companies from contracts a go unfulfilled for reasons beyond their control. German factory orders picked up in march a strong local trade helped upset a low end domestic d
Anna flights over france are cut at a plant air Traffic Controller strike that could affect aircraft space for r 48 hours. Mark welcome to countdown. I am mark barton. Investors pushing to a fresh sevenyear high today and trading from mainland investors are growing to a record. The surging chinese tech scares tech shares is making the day of the. Com bubble look mild. We will bring you the latest in just a couple of minutes. First up, oil here in europe today and what could be the biggest deal in more than a decade or the Energy Sector. Shell makes a 46 billion pound approach for gas producer bg group. Caroline, you have more on this possible deal. Hi caroline as you said, this could be the industrys biggest deal for a decade. This could create the secondbiggest Energy Producer in the world. It would be behind just exxon leaping over chevron in terms of size. And in fact, it could be the biggest gas producer in the entire world. These are the statistics that we are looking at, and as y
Looking at the country world index. That can buy you elites four Times United States gdp. Where else do you go when you have the economy flush . The u. S. Backing off from immediate rate hike. Japan, not to mention the rest of the countries around the world. People are going into stocks. Pretty much flat and concern about what greece will do concerning its finest. King dollar up 0. 1 . Meanwhile europe pretty flat for you want to watch is commodities. A high on oil. Trading in the United States is up. Saudi arabia over the Weekend Record amounts of crude. All about 10 Million Barrels per day. You are not going to get back to 100 for oil per barrel. You have shale back on in higher cost turning on the tap oil going down. Lets check in on bonds this morning. One area with a little bit of concern is the greek 10 year. 14 basis points. Going into the u. K. Connerly money going the to u. S. Treasuries. Moving last week, foreign cost going down by 14 basis points. Negative yields, i love des