Aggressive policy, stocks get a boost. Sellers deal. Ab inbev of is selling carlton united for a 11 billion. And an ipo of its remaining asian unit is still in the cards. And a downed drone. Oil snaps several days of losses after President Trump says the u. S. Has downed an iranian drone. Matt, good morning. Matt we are less than 30 minutes away from cash trading across europe and in the u. K. Take a look first at the 10 year yields. A big debate today about whether the fed rate cut, almost a foregone conclusion, will be 25 basis points or 50. As a result, the yield continues to come down. Up a little bit today. Still, if it is a 50 basis point cut, expect to see the yield fall further. Look at futures. European equity Index Futures pointing up. Dax futures gaining. Cac and ftse gaining also. the markets have faith in the original statements from william. The asian equity market getting a boost from officials despite the walk back. The market buying into the idea that perhaps there is
Its also a sign that opec plus are really trying to a strong aid for pricing. What they have done is defence surplus which was otherwise in deficit. Allowing parts to be unwound and actually deficits to be suspected, keeping prices elevated. Suspected, keeping prices elevated suspected, keeping prices elevated. ~ , elevated. Are we likely to see a bit of an elevated. Are we likely to see a bit of an impact elevated. Are we likely to see a bit of an impact on elevated. Are we likely to see a bit of an impact on britain i a bit of an impact on britain prices . A bit of an impact on Britain Rices . ~ ,. ~ prices . Weve seen them market um , prices . Weve seen them market um, but prices . Weve seen them market jump. But this prices . Weve seen them market jump. But this is prices . Weve seen them market jump, but this is a jump, but this is a structurally out. If demand doesnt recover, were looking at sustained deficits what is a precarious situation with stocks and on geopolitics. But i
A move that was expected. The current cost of borrowing now sits at five to 5. 25 , the highest in 16 years. But is the fed finally done with rate hikes . The bbc s Samira Hussain reports from new york. Inflation remains stubbornly high to try and get the cost of living back down to more normal levels. The federal reserve, americas central bank, has raised Interest Rates ten times in a little over a year. And now it seems it may be ready to perhaps take a pause. The committee will take into account the cumulative tightening of Monetary Policy, the lags with which Monetary Policy affects Economic Activity and inflation and economic and financial developments. We will make that determination. Meeting by meeting. The rate rises have slowed Economic Growth in the United States by making it more expensive to borrow money. And inflation is starting to come down. But there have been some unexpected Knock On Effects of the rate hikes. They played a part in the Banking Crisis where three banks
at full time by his teammates as he set the new record in just his 31st game of the year. a game in hand. 22 years old. we re still five games left. how many times i make a substitution after a hat trick at 60 minutes? otherwise, maybe we had to score more. but at the same time, maybe we get injured. because it s a special with this boy, you have to be all the time like a watch. but incredible. congratulations to him, for all the team to help him, of course, to achieve it. and yeah, it s really good. really good to have him. that s what the team played really well tonight. really disappointed. we lose our first goal to a set piece because, you know, we are pretty good at defending them. and so i m really disappointed with that against man city. they might have scored some other better goals and we carried a little bit of luck at times when the ball hit the inside of the post and didn t go in. but i thought we deserved it. i thought we d done a good enough job to to warrant go
move that was expected. the cost of borrowing is now at its highest in 16 years, but is the fed finally done with rate hikes? the bbc s samir hussein reports from new york. inflation remain steadily high. to try and get the cost of living back down to more normal levels the federal reserve, america s central bank, has raised interest rates ten times in a little over a year, and now it seems it may be ready to perhaps take a pause. the committee perhaps take a pause. the committee will perhaps take a pause. the committee will take - perhaps take a pause. the committee will take into account the cumulative tightening of monetary policy, the legs tightening of monetary policy, the legs with which it lacks inflation and economic and financial inflation and economic and financial developments. the legs financial developments. the legs we financial developments. the legs. we will make that determination meeting by meeting. determination meeting by meetinu . ., de