Michel barnier says a deal can still be done. Reaching an agreement is still possible. Obviously any agreement must work for everyone. Climate change campaigners have been banned from london, after a week of Extinction Rebellion protests. The duke and duchess of cambridge arrive in pakistan at the start of their five day tour. Good morning, welcome to bbc newsroom live. Im joanna gosling. The government and the Football Association as well as past and present players have demanded that uefa take tough and immediate action after englands black players were racially abused during an international in bulgaria. The game which england won 6 0 had to be halted twice because home fans were making monkey noises and nazi salutes. Bulgarias Prime Minister has called for the head of the countrys Football Union to resign. The referee was following uefas three step racism protocol. The first incident occurred on the 28th minute when england was leading 2 0. A stadium announcement was made condemnin
Power lunch starts right now lets get a check on the markets which are fluttering close to record highs. Slightly higher today well off the lows the dow was down about 100 points early this morning. The s p still just 1 away from record highs as it gains about 5 points take a look at a pair of housing stocks hitting new highs d. R. Horton is at its highest levels since january 2018. The doctor is in we begin this hour with new dovish comments from st. Louis fed president. We know he was the guy who dissented from the last meeting. Now he says a sharker than expected slow down is possible it will determine that on a meeting by meeting basis he does not expect trade uncertainty. Its not going to go away any time soon. In addition to trade, bullard highlights these downside risks, slower growth. That could feed into the u. S. Economy. Second, contraption and global and u. S. Manufacturing and third slowing u. S. Business investment hes worried about the inverted yield curve that suggests
Decision. Bullard should have called for 75 basis points and he could have the job when powell steps down to spend more time with his calculations. I agree completely with bullard, his dissent on 50. Whats he thinking . Then i read his comments and said thats pretty smart it made total sense to me. On the bullard side, this gives you a sense of why its so reasonable i would be watching very carefully for any signs of a downturn. Of course, there are views on the other side as well, from the other dissenters i think the center of gravity, clearly the center of gravity on the committee is the second adjustment was appropriate. Thats right. Fed president jim bullard joins us here in just a moment josh got a cameo in that little mashup. Lucky you didnt wear the same tie. Some of my best work. Yeah, you have to give me the heads up on that. Building throughout the day, hopes of the trade deal, really good housing data. Yeah. What are you chalking it up to lets do housing first. Xhp, itb, ho
Treasury market, youll see the ten year right now is yielding all the way up at 1. 829 30year back at 2. 3 so some much higher levels of yields than weve been used to in recent month. Our top story, a series after attacks that took place over the Weekend Energy prices are soaring. Wti crude at 59. 55 brent at 65. 60 Big Questions for the future of the aramco ipo airline prices, all sorts of things Brian Sullivan is covering the huge moves in the oil prices in houston. But we want to start this morning with hadley gamble in riyadh, saudi arabia good morning, hadley. Good morning, guys. We are now over 48 hours from the largest ever terror attack on saudi arabias Oil Production facilities and still very muted response from not just the government itself but aramco were told in the next few hours we could see more information coming out of the company just about how this happened information about output, at the moments all we really got go on is the reemphasis time and time again on the
Good monday morning. Welcome to squawk alley. Obviously watching the dow down 142. Oil is the story of the day. Prices surging following attack on the Worlds Largest Oil Production facility in saudi arabia, disrupting the Global Supply of crude. Brian sullivan in houston with more on this hi again, brian. Reporter hey, carl, good morning. Playing a little zeppelin rock and roll there the market is rocking and rolling. So many effects from the attack, moments ago the u. S. Telling saudi arabia they believe they came from iranian soil lets put size and scope into perspective. I know you talked about how big this outtake facility really is, and it is not completely analogous. Heres a good example. We showed it earlier 5. 7 Million Barrels off line, facility is 7 million total barrels, 10 million all together there were two attacks so the two attacks outcake is what the market is focused on they hope to come online slowly the next couple of days. If you factored in five of the biggest refi