Giving a little bit of a lift to your markets. I am looking at the u. S. 10year yields now coupled with this truce around these trade tensions is weaker than expected factory numbers. Watch out for that. , 1387. See gold down manufacturing pmi below estimates at 47. 6. Than what the preliminary reading was. We speak to Joseph Oughourlian. The best opportunities to find value. Lets get to bloomberg first word news. Hi, francine. Deutsche bank may cut more than a fifth of its workforce. It would be the lenders shakeup in years. They may approve the loss as many as 20,000 jobs. They were working on tough cutbacks after failed merger talks. Trump coming the first sitting u. S. Leader to set foot inside north korea. He met with kim jongun at the militarized zone at the demilitarized zone. He said stepping across the border was a great honor. He also invited kim to visit the white house. Closer to becoming the next European Union commissioner. President donald two skids trying to shore up th
Markets, where we see a fourth week of gains. U. S. Futures point to a third day of losses, and that is what we are seeing in u. S. Equities. It, butear dipped below safe havens are clearly big, the yen, treasuries, gold on a tear. Markets areof these being reflected across assets. The dollar is steady after a few days of losses. Coming up, we will speak to the hsbc ceo exclusively, one of a range of top interviews from our emerging and Frontier Forum today. Lets get the first word news. President donald trump imposing sanctions on irans Supreme Leader, the ayatollah, who says the penalties would deny him access to financial control resources. Trump claiming that the Supreme Leader is ultimately responsible for the hostile conduct of the regime. Tehran says this means the diplomatic path is closed forever. The president has held the door open to real negotiations, to completely and verifiably eliminate irans new your weapons program, its pursuit of Ballistic Missile delivery systems, i
We saw a little bit of volatility with stocks starting the day on a down note. Crude oil is the one to watch after this attack on oil tankers after the tanker incident in the gulf of oman. We will be speaking to reporters on the ground. This is the picture for the u. S. 10 year yield. Also looking at the pound but this is the first day were we have u. K. Lawmakers doing the first round of voting. Voting to choose the next Prime Minister want to choose the leader of the tory party. Minister and to choose the leader of the tory party. Coming up next, we speak to the chief executive of the Swiss National bank after their policy decision. But first, lets get bloomberg first word news. Hong kong lawmakers have scrapped a debate on controversial extradition legislation as tensions remain high between police and protesters. The question turns to what happens next and if this will become a prolonged protest. Some say hong kong is not a safe place to keep assets. If you are an investment banker
as crowds of mourners continue to file past the coffin of queen elizabeth at st giles cathedral. thousands of people have been queueing for several hours at a time to pay their respects and today is the day that the queen s coffin will leave scotland. her coffin will remain in st giles cathedral until this afternoon when it will be flown to london to raf northolt. the queen s coffin will be companied as it has been since it left balmoral by princess anne. king charles and the queen consort will spend most of the day in northern ireland, as they continue their tour of all four nations of the united kingdom. they ll hear a message of condolence on behalf of the people of northern ireland from the speaker of the stormont assembly, alex maskey, and meet representatives of political parties, and faith leaders as well. it will be charles 40th visit to northern ireland but his very first as king. that is what is to come. we have been talking to some of the people who have b