I question how these days its hard to filter out the noise and keep track of whats really important in the bottom line tackles the big issues this is shaping the United States its people its economy and the way it deals with the rest of the world the bottom line only on aljazeera. Viewfinder fresh perspectives through the lens of local filmmaking around the globe. If they had. To miss them would soon be putting in a new spin mr spitzer americans killed early on i was in the business press. I am yes oh yes you know. The i dont know. You know what i have gotten i want prince and i. Am going to still not only in my. Community opposed to the. Real thing. One though not the one. That i say it paints and i think of the call continued it is into the real person i had given all the connectivity. On the news that love was the physician. It is it is im looking for. The truth is its all the and the sick is maddening isnt in a moment is will need and say so with the canoe measurement as its what y
The grind t higheray was quiet but strong. Here are the closing numbers. Th Dow Jones Industrial average rose 227 points. To 27137. The nasdaq was up 85 and the s p 500 added 21. But there is a lot more tohe market than the numbers suggest. A close look under the hood showsig changes taking place and money is starting to flow intoectors that investors have been avoiding for a while. Bob pisani at the new york stock exchange. A lot of talk about a great rotation taking place. But what exactly are we rotating out of andinto . There is confusion about different ways to slis and dies the mechanic. Lets try to sort out some of the differences. First, cyclical verses defensive stock. Since bond yield bottomed last weeks. Checkically sense i have like banks, transportation stocks, energy, retail have all outperformed. These are call cyclicals because they tend to better when the Global Economy is imoving. Nef lagged most of the year on concerns that Global Growth slows. At the same time defen
We start in frankfurt, where all eyes are on the European Central bank, as it wraps up one of its most important meetings in years. Later today its expected to take action to try and boost the regions flagging economy. The rate of Economic Growth across the countries that share the euro has slumped to just 0. 2 in the three months tojune. The regions biggest economy germany may well already be in recession. Annual inflation, the rate prices are rising, has also slowed sharply, tojust1 injuly. Thats just half the ecbs target rate and the lowest since 2016. That has raised fears of a return to deflation, where prices actually fall. Its a big worry in europe where levels of debt have soared. Inflation means debts shrink over time, deflation has the opposite effect. So what action will the ecb take . Its likely to cut Interest Rates further. They are already in negative territory. The ecbs deposit rate is already at minus 0. 4 . Meaning banks are charged almost 0. 5 , to keep excess money
Nejra welcome. Its risk on in the markets this morning. A delay from a tariff increase on chinese imports. A question over whether its a reach out of goodwill. You are seeing the impact across markets. The msci asianpacific index. You want strength. Yuan strength. Dollaryen on the front foot. The yen hitting a sixweek low. Yesterday closed above 3000 for the first time in six weeks. We saw the nasdaq push higher in the dow move higher for six days in a row. The nasdaq getting a lift from those tech stocks rising to its highest level since july. U. S. Futures point to further gains in the u. S. Session today. Oil on the front foot, tearing the losses we saw yesterday. We saw a drop of 3 on the supposition that President Trump might ease sanctions on iran. We are bouncing back with trade headlines today. Manus is not on the show today. He can talk more about oil because hes bringing live coverage from the opec plus meeting that is scheduled to pick up shortly. Great to see you. Manus ver
Cigarette craze. Well tell you about all of it on this thursday, september 12 as Worldwide Exchange begins right now good morning, good afternoon, good evening thank you for watching the big question is can the dow make it seven in a row not a huge gain but they are up 59 points right now. I guess so much fopution as thef the year for stocks. There are 91 stocks in the s p 500 that are up more than 10 this month that is seven days of trading. Not bad. The bond market has seen yields come up. Yielding 1. 72 around the world, we saw gains in japan and main land china both rose overnight. The European Markets mirroring asia very slight gains for some of the bigger ones. More on the markets as wells first, breaking Corporate News this morning the London Stock Exchange is set to reject the Hong Kong Exchanges 36. 6 billion bid. This comes as they perceive Political Risk gains fall sharply wiping some 1 billion off the market value in a chance to digest the unsolicited bid. Hong kong market