In the early part of the session, not just the yield curve that dom mentioned but suspensions of dividends from very large european banks this morning as well. And you have the great interview with michael as well talking about that bank and everything hes seeing through that lens, too the other thing in focus, real estate, worst performing sector in the s p today in what is a down day across the board for the major averages coming off the worst First Quarter for the dow and s p ever the other thing im looking at is crude were seeing crude prices come off again after not only the worst month but the worst quarter ever in terms of price fall for crude, lost more than 66 if in the first three months of the year prp you also had the industrial numbers, manufacturing numbers out of europe that didnt look good either john, what are you watching today . Its hard to find good news among tech stocks this morning so much is down. I think its worth having a broader conversation about where we go
The Worlds Largest motor show gets under way today in frankfurt, with all eyes on trade tensions between the us and china. With germanys economy now shrinking, the likes of bmw, vw and daimler will hope that the showcase event can give their brands a much needed turbocharge. According to the european automobile manufacturers association, the Auto Industry provides jobs to 13. 8 million europeans. However, during the first half of 2019, demand for cars across the eu fell by 3. 1 to 8. 2 million. And there are fears that the eu could be dragged into a trade war with the us, after President Trump repeated his threat that auto tariffs are never off the table as he pressures the eu for better trading terms. However, there is one bright spot, because 1 million electric cars are expected to be sold in europe over the next year, according to ihs markit. That is a 300 increase on 2018. At the show, our reporter theo leggett met with bmws chief financial officer, nicolas peter, and asked him fir
China is experiencing a rare episode of sliding prices. Japans economy experienced this back in the 1990s and early 2000s. Now, this comes hot the heels of disappointing china trade data on tuesday, which showed that exports sank at their fastest rate since the pandemic, dropping by more 14 in the year tojuly, with imports also falling by more than 12 in the same period. Joining me now is duncan wrigley, Chief China Economist at pantheon macroeconomics. Thank you very much for being with us today. The Rest Of The World looking on in amazement. Considering the inflationary pressures the rest of us are dealing with. What do you read Between The Lines in this latest data . Between the lines in this latest data . Latest data . Ok, i mean, there are some latest data . Ok, i mean, there are some shortterm latest data . Ok, i mean, there are some shortterm factors i are some short term factors that push down the data for this month, there has been a surge of seasonal vegetables, the big pictu
And almost two dozen tornados reported from colorado to massachusetts. One even touching down in cape cod. And the threat is on the move. We have a winner. One lucky person in america waking up a billionaire this morning. Were live at the Grocery Store where the Winning Ticket was sold. Overnight the results of the high stakes election in ohio that could determine the future of abortion rights in that state and what it could mean for the 2024 election. Possible fourth indictment. The election interference investigation against former President Donald Trump in georgia expected to be presented to a grand jury next week. Breaking overnight the massive explosion at a Russian Military plant. What we know right now. Fallout from the Alabama Riverfront brawl. The new charges and what authorities are saying about questions of a possible hate crime. Rapper tory lanez sentenced to ten years behind bars for shooting megan what a new Study Reveals about wegovy and Heart Health Benefits. And why so
, Vladimir Vladimirovich, residents of our new regions of 134,000 residents voted. Cities. Donetsk lugansk peoples republic of zaporozhye region. Allrussian competition of the best improvement projects. Thanks to your support, this amount has quadrupled in funding for all 10 competitions, 2,000 714 applications have been submitted and 1027 projects are winners. And what this is 421 parks 148 squares 206 waterfront projects and of course, 252 streets and pedestrian spaces created about 17,000. E jobs and 4,000 objects of entrepreneurial activity in 89 regions. The longest border in the world. The development of checkpoints through it is the main topic of the current meeting, as the head of the ministry of transport said, special attention is paid to priority sections, for example, the russiankazakhstan one. It is 7. 600 km. And russian to chinese cargo transportation, so the direction is intensified, and therefore the importance of the checkpoint is growing, but there is only one checkp