Lets check quickly on the markets. If you look at the markets, and a lot of them are looking at the concerning news or news brexit is going to weigh markets were hoping. The stocks european 600, down and the pound, looking to see if there is any swing on that. 1. 3243. Lets get to the first word news with leighann gerrans. A british official says brexit talks need to show progress by tonight if they are to continue. European unions chief negotiator is said to have denied any breakthrough on the issue of fishing license. Boris johnson is due to speak with the Commission President ursula von der leyen. Donald trump says his personal lawyer Rudy Giuliani has tested positive for coronavirus. The New York Times says the 76yearold was admitted to hospital yesterday. The president wished him well. Giulianis son tweeted his well. Is feeling the u. S. Is said to be ready to sanction more chinese officials over the role of the recent disqualification of hong kong legislators. Familiar,to people
Some of the other Asset Classes are moving on a bit of news. Sterling falling, erasing the gains we saw for the currency before the general election. Going below 1. 31. The thai baht is one of the strongest currencies in this part of the world, Interest Rate. Bit later coming out Oil Inventory story, that is not the oil price but we have 60 or thereabouts. That is reflective of a growth in u. S. Inventory. Bitcoin, continuing to be there even though it is higher. A report says the cryptocurrency perhaps peaked two years ago and on top of that we have a lot of rivals out there. There is a crypto scam in china which is seeing unwinding of the action. That is where we are from these Asset Classes. What else is going on . Lets join su keenan. Japan and the latest economic data, japanese exports fell for a 12th straight month in november. Aat confirms little sign of pickup despite indications the slump in Global Manufacturing may have bottomed. The value of shipments abroad fell just under
Protectionism is a drag anchor and governments are not doing enough. U. S. Agrees iran was behind the aramco attacks. Tehran denies that and warns of allout war if it is attacked. Shery lets get you started with a check of the markets in the u. S. We are seeing futures unchanged, after a mixed closed on this theres day. We have the dow moving more than 50 points. The s p 500 finishing unchanged. We had a boost earlier in the session coming from white house Economic Advisor larry kudlow sounding more optimistic on trade. Then we had another trump advisor hinting at 50 21 50 to 100 tariffs on chinese goods. Rising uncertainty on trade, not to mention the oecd cutting Global Growth forecasts. That led to our haven demand bonds rallying for a fourth consecutive session and the 10 year yield sitting at that 178 level. Not see how things are shaping up in asia. We are this friday, potentially seeing a muted start for asian stocks. Bonds drifting as treasuries nudge higher. Tensions will be o
The country out unless there is a commitment to debt relief. Welcome to the pulse live from bloombergs European Headquarters in london. Manus coming up, we are speaking live with a ceo. That is at 10 10. Make sure you stay tuned for that. Francine bnp paribas has published its biggest quarterly profit in more than three years. Manus the beat comes after frances largest bank announced they are considering changes to the securities union. The overhaul which could bring the deepest cost cuts since the financial crisis is a response to tougher capital rules. As a consequence of this, the cib teams are working on a plan to crystallize all these accelerations. First is to further improve efficiencies and returns. At the other hand and at the same time, to continue to invest in order to capture further market share. Thats what we are doing. That takes time. Francine the cfo there speaking to Caroline Connan. She joins us from paris. What can you tell us . Caroline he did confirm that hes stil
Amazon, microsoft, and alphabet are still to come. We will break down the key numbers to look out for and we have an interview with the ups cfo. Mark lets have a look at where european equities are trading right now. 30 minutes until the end of the session. Stocks falling for the first day in seven, highest close since august 2015. Today is all about the ecb. And actually rose during the ecb meeting. They kept policy unchanged, rates at present or lower levels. Qe can be increased in size and duration. The big comment was Downside Risks have diminished. That pushed the euro higher. However, underlying inflation pressures remain. Risk still tilted to the downside. They did discuss whether to. Hange the assessment of growth ecb economists suggest that will happen with forward guidance. The euro lower, sovereign bond yields falling today. Commodities and cds. Deutsche bank shares lower today. In the u. S. ,s rising 11 versus 24 for the big five in the u. S. Revenue dealing from stocks, wh