226. Os to the left, the ayes have it. Prime minister must now comply with law. He can no longer use the exit. Of a no deal. Delay. Ll not negotiate a neither does the law compel me to do so. Fromme of the highlights saturdays house of commons vote. Lets check in on the panel. Trading lower than we thought at fridays close. For ajohnson gears up critical week that never made it to the floor. On saturday, he had to ask for an extension from the eu. It will likely allow that extension. 31could see it from october through january 31. I would also like to take a look at what you need to know tomorrow morning when you wake up and head over to your trading floor. Many are talking about elevated volatility across assets including sterling. 1. 22 to 1. 29 from in six days. Are seeing a lot of money pour into the midcap. Will that be something we can see phase out as we deal with it next week . In terms of politics, i want to quickly tell you whats going on. Monday and tuesday, watch out. We wi
Be most closely watched. What will the figure mean for the fed . Index move because it was pentup stability for 18 months . Good morning, everyone and welcome to bloomberg surveillance. That. Im Francine Lacqua in zurich. The this the we will have plenty more. First, lets get straight to anna edwards. Good morning, anna. Oskipping back in the equity you have markets for us. Francine. Morning, Market Reaction 2016 after the first rate hike in december Italian Economic growth, that we 2015 and the fed skipped in need to get to because we have march and they also took a rate the Italian Economy growing at 0. 3 in the fourth quarter, which is below the estimate of move out of the forecast as 0. 4 . Well, so really, they signaled year on year we get a growth they were reacting strongly to rate of 1. 6 . The markets. Again, a little bit shy of the estimate. So, the Italian Economic growth story is slowing ahead of the election, which could be an to assimilate good news slowly and interesting
Stephanie greece has responded to that ultimatum in europe by asking for a new bailout. Today, the greeks formally asked for a new bailout. In return, greece said it would impose tax reform as early as next week. This morning, the greek Prime Minister promised to deliver. In the next two to three days, we will put forward concrete proposals in detail and i am confident we will be able to meet the obligations of the crucial times. Stephanie the European Commissioner meanwhile says there is a scenario if greece has to leave euro. We will hear from the Economic Affairs commissioner in europe in the next hour. Erik in china, the government is trying to stop a meltdown. Nothing is working and on paper, investors have lost trillions of dollars. Down with 30 since june 12. Here is the issue. Much of that money is wrote money. Borrowed money. At one point, walk locked out of the market because the trigger had been tripped. Jpmorgan is preparing to settle federal investigation into credit card
And our chief washington correspondent peter cook tells us how john boehner is pushing back against the call to shut down the u. S. Government. We get to those stories in a moment. First, to our top story. Learned thews has European Central Bank Governing Council will consider proposals next month for broadbased asset programs that would include sovereign debt, according to two euro area centralbank officials familiar with the deliberations. This comes as ecb president mario draghi unveiled what he called substantially lower forecast for inflation and growth. Latest microeconomic projections indicate lower inflation accompanied by weaker real gdp growth and subdued monetary economics. Ecb holds its next Monetary Policy meeting on january 22. Russian president Vladimir Putin took aim at the u. S. And the European Union today in his annual state of the nation address. He said both wouldve imposed economic sanctions on russia, no matter what happened in ukraine. He says their goal is to h
Plus, the real estate empire blackstone has built. More on the investments putting it in the category of its own. The gray allocation nation guest. The cio of the 5. 5 billion endowment. Tell me how much more of the University Policies money is going in. Take you into d. C. Julianna goldman has learned the former bank of israel governor danley fisher is the leading candidate to become vice chair at the fed. Giuliana, i know you broke the story. Great scoop as always. This was the pic . We know president obama is elitist leading choice to be the fed vice chair. He would be replacing janet postn, who is leaving her because she is the president pick for fed chair. A history for fisher. In june. D down also number two at the imf. Brings academia, crisis management, and centralbank experience with him. I was speaking with a former administrator earlier saying the combination would be the most impressive academic onetwo punch in the history of the fed. It puts top scholars in charge of monet