Hello and welcome to our look ahead to what the the papers will be bringing us tomorrow. With me arejohn rentoul, the chief political commentator at the independent, and ruth lea, whos an economic adviser for the Arbuthnot Banking group. Lovely to have you both here. Jeremy hunt offers tax cuts in a package to keep britain open for business after brexit, says the front of the telegraph. The theme continues in the guardian, they say business groups have expressed anger afterjeremy hunt said he would tell people whose Companies Went bust after a no deal brexit that their sacrifice had been necessary. Kylie minogue is on the front page of the independent, for her performance at glastonbury, while the headline says cases of children with Mental Health problems have doubled. In the Financial Times its a photo of donald trump and kim jong un dominating the front page, after their historic meeting in the demilitarised zone. end tv licence scandal now mrs may the mirror has gordon brown demand
Off leading rival boeing 13 billion to zero. Well hear from boeings boss. Kathleen and the trade war. It doesnt sound too great when it comes to iphone demand in china. How u. S. Stocks, there were small gains across the board. Of course facebook, news that it is getting ready to launch a crypto currency helped stocks apple and google moving ahead. You can see the dow jones frill average down 22 points for the s p 500. Again about three points for the s p. The nasdaq was the biggest gainer. , you can see the futures point to strength there. Another big story today, Deutsche Bank getting ready to cut back on equities trading. This is something that didnt help the banks much. Why are we showing the 10year note yield . It is holding in around 2. 09 . News from china, did have a dampingening effect in the foinl few hours. Mostly people are positioning for the Federal Reserve meeting. How dovish will the fed be. Bank of japan meeting this week. Bond markets of the u. S. And around the world
Standing declines. Airbus orders takeoff leaving boeing by 30 billion to zero. The ceo. Kathleen lets take a quick look at how the u. S. Stocks ended the session. Modest gains. Modest gains better than none at all as trade wars tensions swirl. Across the board for the dow jones industrial, s p 500 up fractionally. 22 points on the dow. Three points on the s p 500. It was the nasdaq that had the best performance, up 6 10 of 1 . It was based largely on the faang stocks. In particular, facebook saying it is getting ready to unveil a cryptocurrency. Investors like that. The s p futures are indicating positive ground to be taken. However not as much as i was an hour ago. As for treasuries, interesting Economic News showing more signs that a trade war is have an impact. Treasuries ended at 2. 09 on the 10 year. Close to the 2 yield. One from the National Association of homebuilders saying it looks like tariffs are weighing on the prices of building materials. We also saw a Manufacturing Inde
High street chain wilko says it has appointed Administrators after failing to secure a rescue deal. You will remember this chain has been in the news for the last couple of weeks with concerns over whether it will be rescued. It looks like the rescue deal has fallen through and they have appointed Administrators. 12,000 people, it looks like, at risk potentially, following the news that wilko has appointed Administrators. We will bring you any more detail when we get the story but the Breaking News, wilko, the high street chain, has appointed Administrators. Here in the uk, police and the West Midlands say they are treating a fire at a Well Known18th century pub near dudley as arson. The cricket house, described as britains One Ovest Pub was largely destroyed by the blaze, it was then bulldozed with the local council said was unauthorised, unacceptable and possibly unlawful. Here is louisa pilbeam. Whats left of the 250 year old pub has now been searched by a Specialist Fire Service do
Answer. Okay, welcome to the program. Us President Joe Biden is to announce a plan to build a temporary pool. Its on the gauze coast to increase the flow of humanitarian aid into the gaza strip. White house Officials Say the president will make the announcement in his annual state of the Union Address this evening. It would involve a maritime cargile to bring a from the mediterranean islands of cyprus, built by the us ministry. But on foxes of stress that us troops would not be on the ground in gaza, where residents are in desperate need of food, clean water, and medical aid, waiting for food to fall from the sky. This is what an a drop in garza looks like. Each one sets off or race, and theres no prize for the losers. Since the morning, the plan has been dropping a and a brand after it. We went to the sea to the east to the west. We went down so i got nothing. According to the u. N, israel has blocked some humanitarian aid sent by land to gaza. They say a drops are far from the best s