Heat from both sides, including the one he is trying to court break out the wine and chocolate ice cream, they may benefit your health after all. It is wednesday, june 5th. Fbn a. M. Starts right now. Cheryl here is how your money is moving at 5 00 a. M. Hopes of a fed rate cut, maybe two, jolting the market yesterday. The buying continues today. The dow up more taken 500 points yesterday. Right now, the dow up 71. The s p and the nasdaq are substantially higher in the premarket. We are keeping a close eye as always on the 10 year right now. Its been a flight to safety of bonds over the last few sessions, really globally. The yield is at 2. 13 , thats a lot of 7 basis points. Were keeping a close eye on europe as theresa may winds her final week down as the leader of her party while the country looks for the next Prime Minister and a possible trade deal with the United States. All european markets are higher. Were watching for new news on progress between china and the United States wh
Enough to get phase one of the negotiations over the line, and, assuming it gets the nod from the European Council next week, to start talks about a trade agreement, rested and refreshed. Heres our political editor, nick watt. When everyone else is having fun, breaking up can be so hard, as theresa may discovered at an eu summit last year. Or maybe we do have friends after all . At the end of a week of heartache, theresa may finally pulled off a deal with the eu on stage one of the brexit negotiations. Sufficient progress has now been made on the three terms of the divorce. I very much welcome the prospect of moving ahead to the next phase, to talk about trade and security, and to discuss the positive and ambitious future relationship. But after mondays humiliation, how did it happen . Shortly after pm in downing street last night, theresa may finally achieved a breakthrough when she sort of won over the dup in a telephone call with Arlene Foster. At around midnight, she left downing s
Oblivion is standing for election, change the assumption that young people do not vote. And it is still defining our politics many months later even though the same Prime Minister is in place. I started by saying this was about british politics but what has british politics but what has british politics been this year, all about brexit. And that is what we have to talk about. Marc your thoughts about looking back on 2017, it took eight 01 looking back on 2017, it took eight or nine months to get an agreement to get to phase two macro. 2017 has been dominated by the brexit deal in phase one. We lost nine months due to british internal politics. The whole thing came together extremely vaguely. The good thing for europe is that theresa may is still there because the devil you know is better than the devil you dont. Europe helps theresa may to stay in power. But i think in europe, it was a mixed year. You have bad news with the extreme right coming to power in austria, destabilising chance
To dateline london. Im jane hill. Today were taking time to reflect on 2017 as it draws to a close the highs and lows in europe, america and the middle east. Lets find out what my guests have made of a turbulent year. With me, the british political commentator and columnist steve richards, the American Writer and broadcasterjef mcallister, marc roche from frances le point magazine and also belgiums le soir, and the arab Affairs Writer abdel bari atwan. Welcome to you all. What a year in british politics. An election that didnt need to be called, a reduced majority for theresa mays conservative party, the rise of laboursjeremy corbyn. And what of policy and legislation . Thats on the backburner. To adapt the famous american political phrase, its all about brexit, stupid. Steve, did you think, come december, theresa may would still be Prime Minister . To be honest, i did. British politicaljournalism is punctuated on a daily basis with speculation that the Prime Minister is about to fall