Ceo from november 1, becoming the first female head of one of the u. K. s top lenders. Sterling on the up. The pound jumps after Jeanclaude Juncker says a brexit deal can be reached. The feds funding problem. As callsbank mount for a permanent fix. Good morning, matt. Matt lets take a look first off at the 10 year yield coming down a little bit, but still a 1. 76 . A lot of choppy trading over the last couple days in this week of huge centralbank announcements. It has left us pretty close to where we started. 1. 8 . We did spike to 1. 9. At least we are below that. Take a look at the equity indexes here this morning. I wonder how the pound moves are going to affect the ftse trading this morning. Dax and cac futures are down 0. 1 . Ftse futures down two thirds of 1 as the pound jumps up against not only the dollar, but the euro as well. What else do you see in the gmm . Anna really interesting on that point. At four 30 yesterday afternoon, as equity markets were closing up, we saw that
Enough. And more signs of stress. The fed will add liquidity to a vital corner of funding markets for a fourth straight day on friday. Later, huawei unveils an android powered smartphone without any google apps on the device. How the u. S. Ban is holding back the techtarget. First, we are seeing u. S. Futures at the moment unchanged after u. S. Stocks ended mixed on this thursday. We have seen stocks gained ground after positive comments on trade coming from the white house economic advisor, larry kudlow, but then those stocks pared back earlier gains after we heard from a trump advisor hinting at 50 to 100 tariffs on chinese goods. Also not to mention energy was under pressure today by the fact that oil stabilize, but we had two sessions of losses for crude prices, so the Energy Sector was down. The dow lost more than 50 points, the s p 500 unchanged and we also had a bond rally for a fourth consecutive session. We have seen, as paul mentioned, the oecd cutting Global Growth forecast,
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RBI Governor Shaktikanta Das said on Thursday global growth is slowing down and central banks across the world are bracing up to counter it by easing monetary policy, but there is no recession as yet. He also said the economy is resilient, but the government has little scope for fiscal expansion.