Shortly. What do you observe this morning, nejra . Nejra im observing headlines coming through right now from andrew bailey, in the core with journalists he is having right now, that it is clearly a commitment to take action, saying the qe program is highly aggressive and appropriately is so. Also saying there is no evidence the boe is targeting any part of the yield curve, but what is really interesting is we did see a little bit of differing views in terms of the decision today. There were policymakers that wanted to extend qe today, but the reaction to the fact we have had no change in policy today is coming. Analysts say we will get more qe in june or august or both, and the pound catching a bid off the back of the boe forecasting the vshaped recovery. That is what i find staggering. A 15 rebound in 2021. Tom i think you are dead on in that, nejra. There is no question what six out within all the excel spreadsheets and the heroic language at this moment, really with depressionera e
We will break it down with all of the details. It is it 00 a. M. In dubai. 5 00 a. M. In london and midday in hong kong. You are watching bloombergrg markets middle east. What a genetic finale to the week with strong earnings coming out from amazon. Not just setting the tone for next week, but helping a lot of key benchmark industries in the u. S. Let me run you through the numbers. Nasdaq 100 is a record on its biggest gain since march of last year. We had the s p 500 hitting a new high after the u. S. Gdp numbers came in stronger than expected. Strongest executive orders in three years. It was not all rosy. Ge still under pressure, down 13 for the last week. Strong gains for nasdaq up 2. 2 percent. In terms of where we are with u. S. Tenure paper, speculation continues on who will be the next fed chair. Treasury yield falling. They are at 2. 41 . And showss the board you other key Asset Classes that have been on the move as of friday closes. Brent topping 60 a barrel for the First Ti
Little lower, in europe this week. We will talk you through the winners and losers. And well be getting the inside track on a startup that tackles a topic thats long been taboo sanitary products. For women in the developed world, access to Feminine Hygiene Products is as easy as buying groceries. But its a very different story in developing countries. We speak to an entrepreneur who helps young women get better access to such products thanks to a subscription service. And wed love to hear from you just use the hashtag bbcbizlive to join in the conversation. Hello and welcome to business live. The people who manage the queens finances have defended their investment practices after the revelation that some of her wealth has been placed in two offshore funds. It follows a huge new leak of financial documents, dubbed the paradise papers, revealing how the rich and powerful invest their money in tax havens around the world. The bbc does not know the source of the leak, which contains more t
Filipinos go to the polls today. For continuity or change from manila . Gie welcome to first up i am angie lau. Lets check in on the markets in the asiapacific. New zealand, we are seeing losses of one third of 1 , but its a stronger new Zealand Dollar at . 68 after chinas exports show signs of stability. Were counting down to the open in australia and japan. Futures in australia, pointing slower open. Ally lets get over to japan, checking futures trading in chicago, pointing to a higher open, this after the nikkei 225 came back in the red after a threeday holiday. It was a it was one quarter of 1 down. Weve got the japanese yen weakening. Of course, no trading in the philippines because it is election day. The latest trade and Foreign Exchange data from china point to more stabilization, but signs are modest. Weve got Stephen Engle going through the numbers. Stephen its modest at best definitely. Its not a huge recovery. The numbers are not falling off the cliff like they used to be.