Which is crucial for canada. Lets check on the broader markets here in the u. S. For the s p 500, continue to reach above 3000, but just a bit of weakness before the rates decision. The u. S. Dollar index not really moving. We are at 97 92 cents, fairly healthy. Off. 0 year yield on general electric, investors reacting well to this numbers to these numbers. It looks like larry culp is actually delivering. Guy cash flow very solid. Flows off today. It is the banks really doing the damage, mainly Deutsche Bank, Credit Suisse, santander, all down hard today. That is what is dragging the stoxx 600 away from the 400 line. Eurosterling a little negative right now. Tiering comes into place today for European Banks, plus the restart of that qe program. We are keeping a firm i on both of those stories. The others dry want to mention is the South African rand, absolutely pummeled. The dollar up by 2. 5 . The budget out in cape town today, having a few having a huge impact on the rand today. Vonn
Democrats get ready to take the debate stage in ohio, joe bidens son speaks out, defending his business deals but acknowledging some poorjudgment. Did i make a mistake . Well, may be in the grand scheme of things, yes, but did i make a mistake based upon some unethical things, absolutely not. Let the name calling begin. John bolton compares Rudy Giuliani to a hand grenade, he counters calling john bolton and atomic bomb. What happened to team trump . Hello and welcome, i am michelle fleu ry hello and welcome, i am Michelle Fleury in washington, Christian Fraser is in london. British and eu negotiators are said to be very close tonight delivering a brexit deal ahead of thursdays crunch European Council summit. It is reported the uk side has given further assurances to brussels today on customs arrangements, which have advanced the talks, so there is still a lot of work to be done by tomorrow afternoon to get a draft text ready for the eu leaders. The issues are complex but time pressure
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.
To saudi arabia on a state visit. Following about its. Moscow is. Presence which include russian movies hard truths everyone is sure the home. Is ready for mr cole but for now. Its 9 oclock here. From our studio with me welcome to the program. I may just say to all of alliance kurdish officials in syria say theyve reached an agreement with the government in damascus from now on syrian troops will be able to enter kurdish controlled north. Eastern syria for the 1st time in years to help the kurds tackle a turkish offensive crossing live now to our ts paulist live for more details paula syrian troops are heading to the border could this escalate now. It certainly seems as if the situation is going to escalate tensions continue to climb and as you correctly mentioned were hearing from kodesh sources that theyve signed an agreement with the damascus government that will see the 2 sides Work Together to what they say prevent confront and push back turkish aggression now move forward the pla
Steve mnuchin says the u. S. And china have made significant progress ahead of new trade talks next month. Iran will also be eight on the agenda. Be on the agenda. And the alibaba cofounder steps down. Kathleen lets take a quick look at how u. S. Stocks ended the session. Lets go write down because the Dow Jones Industrial average up about. 1 . Health care stocks helped boost it. Closed minutely lower. It got within one point 6 of its alltime high. Despite the trade war a lot of people are still buying stocks. Nasdaq down about. 2 . Stock futures pointing higher. Moodys got fords credit rating. We will hear more on that is that progresses. Now i want to get right to sophie to find out how things are shaping up for asian markets. Sophie early in the session and looks like rick sentiment may be stabilizing. Stocks could be heading for a mixed start. Bonds under pressure tracking the overnight moves we saw in treasury. Kiwi 10 year. We are seeing that move lower with yields moving for bas