Who put him in office. Critics say it is a work of fantasy. Ourre continuing to watch , moodys announcing it has downgraded its rating on china. For comparison, were looking at the same rating help by saudi arabia, israel, estonia, and japan. Take a look at this chart. It encapsulates moodys reasoning for this downgrade. Debt to gdp soaring. 280 in terms at of the debt to gdp ratio, an increase from 240 from 2016 alone. You can see the diversions when it comes to gdp growth stabilizing, easing, but debt continuing to grow. It expects the financial strength of china will be eroded in the coming years as a result of the economywhite debt and built up. Slowing, andially even though you have financial reforms, deleveraging, particularly the financial sector, moodys saying that will not make a difference when it comes to this constant increase in contingent liabilities held by beijing. We will continue to watch that story. Singapore, taiwan, malaysia coming on line. We are really watching t
With sally and World Business report. Re writing history. What now for the countries in the Trans Pacific partnership as President Trump signs an Executive Order to withdraw the United States . Chips ahoy samsungs Microchip Business powers the company to a jump in profits despite galaxy note 7 disaster. Welcome to World Business report. Im sally bundock. Are you hungry . If you have no food to hand well make it worse as well take you to a true indian feast. Thats injust a moment. Iam i am told there is a Business Angle but we cant start without talking about this. Yes, he is my top story again this is becoming a habit im talking about us President Trump. On day one in office he signed a slew of Executive Orders but the one grabbing all the headlines worldwide is his move to withdraw the us from the Trans Pacific partnership. Tpp as its also known is the huge trade deal negotiated under mr trumps predesessor ba rack 0bama. It was a deal between 12 nations in the pacific area and was set
Widely forecast by 28 out of 29 analysts by bloomberg policy makers back in september scrapping plans for further rate cuts amid signs the nation was withstanding the slump in oil prices and inflation remaining above target. 2. 9 sweden earlier keeping rates unchanged leaving the door open for further stimulus in 2017. That is the big headline. Norway central bank maintaining the key rate. Lets look at whats happening across the assets. The stocks were earlier. It suffered earlier. Down. Worst stretch from september well over a month. Ahead of the allimportant g. D. P. Data in roughly 29 minutes time. It bottomed at 120, 123. Thast the lowest since may 1985. The tenyear yield is little change. Yesterday it rose to the highest since june 23. Up from 51 bases points on august 8. The lowest boosting expectations and moving to expectations of inflation. What a good time to look at the breakeven. The almost highest level in three years. Risen 2. 3 prereferendum. This is one of my favorite c
Supplementary budget . Brazils Largest Party pulls away from Dilma Rousseffs coalition. Is impeachment all but certain . Good morning, hans. Front andnter center once again. There are a number of questions that surround that. Does yellen have control, and where are the hawks . Hans if she doesnt have control, the markets to. That seems to be an interesting flip of the script, and we should also talk about brazil. I thought you were going to make the suggestion that you and i host this show from the beach. We are here in the dreary months of march, but i suspect you have other highminded plans. Guy lets go. I think that is what we should be doing, get us going down there to brazil. I guess the second point in my mind about the fed brazilian beaches sound much more attractive lets talk about the fed. Page, and youfed look at the speakers over the next few days. Doves. E all for the next few days, the conversation is going to be dominated by the dubs. The doves. Its many days until we sta
Ends up being routine. We have become numb to this. Experian is hit by a data breach. Sending shares lower in london. Lift off. They get a bullish note while klm takes off on news of significant job cuts. Dont let the party go on too long so says San Francisco fed president jon williams of the easy policy theyre due to start reigning in. He said policy makers did not need much more data to make a decision and said if todays jobs growth was above 150,000, that would be, quote, good. Lets tell you what were expecting. What clues will todays nonfunds payroll report say, forecasts say 200,000 jobs were added in the month of september. Some are hoping for signs of a rebound after employment growth in august came in at the slowest rate in five months. It comes on the back of a solid adp report. Private employers added the strongest reading since june. They lead the way taking on 188,000 more employees. Construction hiring is also the best its been since february 2006 but the big drag was the