and those trump promises pushing wall street to more record highs. and as president trump orders a review of the financial rules designed to stop another nightmare on wall street, we ll be getting the inside track from our economics editor kamal ahmed on that and the rest of the stories he s been covering this week. as snow hits new york city, how much do you think it costs to clear an inch of the white stuff off the streets? one dollar? one hundred dollars? a million dollars?! we ll give you the answer at the end of the show. just use the hashtag bbcbizlive. welcome to the programme. we start in the us where, as you ve been hearing, japan s prime minister shinzo abe meets president trump later. trade will be high on the agenda. remember, one of mr trump s first actions as president was to withdraw from the 12 nation trans pacific partnership trade deal signed by obama and strongly supported by the japanese. mr trump called it a ‘terrible‘ dealfor the us. he wants a f
it has been a big week in terms of central-bank policy. we will talk much more about that. no incidents that the dollar had its worst week since 2009 and the miners had a two-day pop. credit squeeze earnings, and unforgiving market punished the stock. bnp paribas, you wonder what is going to happen at the open. we will talk about that much more. i am curious to know how the communication strategy is working right now. ,hy the analysts are so off particularly with the banking sector. why are they being caught by surprise? who is communicating well and who is not? central banks, we need to bring into the conversation as well. let s get you up to his. here is caroline hyde. caroline: the u.s. dollar heading for its worst week since 2009 as traders bet the federal reserve will hold interest rates unchanged this year because of a weaker global economy the the demand for government debt has sent japan 10-year bond yields to a record low. oil has slumped towards its first weekly dec
averages dipped in the red and rebounding, dow gaining 31 points, nasdaq advancing .39%. yep, i thought i d never say this again, but this market is being, are you sitting down, are you in front of your tv set, your tablet, your laptop, desk top, mobile phone, sit down because the strength is from overseas. that s right. r.o.w., the rest of the world, and not a moment too soon. it s time to face some facts, people. while the economy of the united states is slowly grinding, getting a little better, not so fast that we lose the fed s help as we learned again today with another fed head saying good things, but not so slow, the economics overseas have truly started percolating and they have shifted in the parlance of wall street from being head winds to tail winds. and the absence of real leadership here as i said last night, we can take a cue from over there. for months now, people are doubted my call that europe has turned, but the strongest markets of late have been spain, i
Morgan Stanley: Our analyst Alain Gabriel believes that steel plate production in Europe is set to fall by 10% in the short/medium term, due to increased
/PRNewswire/ Bruynzeel Storage Systems announces a significant milestone in its journey towards a sustainable future. Bruynzeel today unveils its updated.