Manus a warm welcome to daybreak europe live from dubai and london. The question is who will plug the gap of the saudi aramco outage . A couple oft million back online in the next couple of days. Come is the extra going to from and how quickly will it hit the market . Nejra from the saudi reserves . Will the spr be enough . We dont have an update. The key question is still out there. Looking ahead to the fed, how might it take this . How will it fit into the Risk Management . Manus markets looking for another 50 basis points. Spike risk of an oil going to counteract the strengths of the consumer . E a quick sweep to the through the market. Have brent over two days what you are seeing this morning is more relevant, the drop of a 1 . The market is hoping the special reserves will be released. And the Oil Producers will come together online and plug the gap. Of is concerned. The policies the aussies are keeping the dream alive. The rba keeping the door open to lower rates. In termsbout sh
These are your markets with a little bit of uncertainty because of a drone attack in saudi arabia over the weekend. Trying to figure out the implications for the middle east and geopolitical tensions. This is what we are seeing in european stocks. Crude oil off the highs we saw the last couple of days where it surged from 17. Press conference from Boris Johnson yesterday, a little bit of weakness when it comes to pound. Watch out for the Supreme Court hearing. We are expecting it couple of days but it starts today on the thingsy of some of the parliament but also the government are trying to do with brexit. Economic nobelhe prize winner coming up at 11 a. M. London time. Lets get the first word news. Vivina in the u. K. Is where we begin. The Supreme Court starts hearing the case against Prime Minister Boris Johnsons suspension of parliament. At the center of the debate is if the decision is a matter for the court. The court may not rule until next week. President trump says the u. S.
The north of scotland bringing some showers here at High Pressure dominates further south, clearing away a weather front that brought cloud to the south first thing. The satellite image shows the cloud breaking up towards the channel isles, but a peppering of showers to the north west of scotland. We will continue to see a few showers, blustery conditions for the north and north west of scotland. Elsewhere, try winds and things should stay dry. Feeling fresher than yesterday, winds rotating from the west or north west. Temperature 1722, the west or north west. Temperature 17 22, pretty pleasant, particularly in the south with blue skies and sunshine. This evening and overnight, keep the clear skies over england and wales, more cloud over scotla nd england and wales, more cloud over scotland and Northern Ireland with the breeze picking up. Under the clear skies, quite chilly with temperatures well down into single figures across england and wales and the odd mist and fog patch likely. M
Coming up on afternoon live, all the sport withjohn watson, womens golf and the first day of the solheim cup. Yes, europe holed a one point advantage after the opening foursomes, with the fourball is now under way. Thank you very much. And darren has all the Weather Forecast for us this evening. It is looking a pretty picture. Will it deliver . Yes, it is lovely. Lots of sunshine gcioss yes, it is lovely. Lots of sunshine across the uk today and tomorrow. You probably wouldnt want to change that, but in japan, you probably wouldnt want to change that, but injapan, they are trying to change the weather. More on the latest attempt later. Thank you very much. Also coming up. A bumpersummer up. A bumper summer for butterflies. A once in a decade mass emergence of painted ladies saw nearly half a million recorded across the uk. Hello, everyone. This is afternoon live. Im martine croxall. Downing street has announced that borisjohnson will go to luxembourg on monday to hold talks with the pr
Of a uk election still looms, despite the governments double defeat in the house of commons 48 hours ago he was leading the chants of stop the coup, let the people vote. Now hes saying, stop the election, stop the people from voting two year treasury yields hit the lowest level since 2017, while Goldman Sachs ceo tells cnbc exclusively a recession could be on the horizon. Bond market is reflecting a sentiment there is anxiety about the prospect of a recession, in the u. S. Less evident in the data, perhaps more evident in a variety of different markets like germany here in europe. But it is possible well, markets are trading a lot more buoyantly overnight, especially on the news that the two sides, china and u. S. , are reportedly going to have a meeting in october thats given a relief rally to asia markets and u. S. Futures as well as were heading into this european session you see there is quite a lot of green on the board already for the stocks 600 after the better session yesterday