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Shares at the Company Tanks as it scraps forecast pending and accounting pro. And accounting probe. Mark welcome to countdown. Also coming up today russian reunion. Angela merkel and Vladimir Putin meet for the First Time Since february to commemorate victims of world war ii. Tensions remain high over ukraine. The peoples bank of china opens the stimulus cap again cutting Interest Rates for the third time in six months. Challenging the countrys 7 growth target. Christine hah is on the story from beijing. Good morning christine. Whats is expected . Christine it was expected. A few economists had predicted the right path. Over the weekend, we also had Consumer Price growth most important, the shanghai market has ....
I would argue that today we should be 100 basis points higher. It is clear that that is not done. This is bloomberg surveillance with tom keene, jonathan ferro, lisa abramowicz. Tom good morning, everyone. Tom keene, jonathan ferro, lisa abramowicz. It is jobs day in america. Important report in 29 minutes. Wages, wages, wages. That is what matters this morning. Jonathan today is payrolls, next week is cpi. That should set us up for the meeting in september. You will get another payrolls and cpi report that, too. Tom no Forward Guidance into this report. That data is there at 8 30 and the fed will have to adjust. Curve inversion of 37 basis points. Jonathan the fed has pushed back in a way that we thought they would. Yields have responded on the front end by 17 basis on the twoyear. Equity markets kept on rounding. We have ripped off that market low. Close to 20 higher from june 16 on the nasdaq. Tom it does for to into the fixe ....
Worsened shortages caused by lack of truckers. and they said their early signs of the pressure was starting to ease. nonetheless, the defence secretary has not approved a request for the army to drive tankers. decisions about the deployment are still to be made, the could be delivering fuel by the end of the week once they received training. they will be using company tanks incidentally, not their own. putting it to her uk political correspondent, that there had been a change of heart within the government. i think what has changed his pressure and concern that they were losing control of the situation. were losing control of the situation. ., , situation. people want believing ministers were situation. people want believing ministers were repeatedly - situation. people want believing| ministers were repeatedly saying there was no need to panic. we know there was no need to panic. we know the people were not believing that because we can all see the cues at petrol stations and the q ....