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Rupert harrison joins us for the hour and in less than 15 minutes we speak to the Banca Popolare di milano ceo. Weekso look ahead to the Big Bank Earnings headlined by Goldman Sachs. Bank of america is coming up. The first thing we have to do is check the markets. A little bit of volatility, 16. 84 gaining from 0. 5. Overall european stocks a little bit down. There was movement after we heard from janet yellen that she would not mind a u. S. Economy that is a little heated up. That would help with growth and she believes that would help with consolidation of the labor market. Banks, i have put those in the cross asset check because we are speaking to the ceo of dpm. The european impetus is getting a little bit of left desk lift. Lift. Lets get to the bloomberg first word news. U. K. Economye the has been more resilient ....
This is bloomberg surveillance. Im mark barton in london. Thatme to have a sip of because we have an acceleration to the fastest pace this year, adding to evidence that growth is becoming more resilient. The pmi index, the composition index, rising to 53. 7 in october, from the 52. 6 in september. This is the fastest pace since the beginning of 2016. The recovery continuing at a steady if not spectacular pace in the face of headwinds from brexit, slowing trade, political uncertainty. Ecb supporting the economy with unprecedented stimulus that will come under review in december. Just want to show you whats happening to the markets today. The stoxx 600 trading higher. Last weekend it rose for the second consecutive week. Best run since september. Last weeks rise was the strongest in a month. Byres the euro stoxx 600 up 0. 75 . The euro is a little bit up now. Track force march, on the worst fourth weekly drop. It is all about divergence because the u. S. As many think is set to hike rate ....
For japan to counter Global Warming includes a longterm goal of cutting Greenhouse Gases by 80 . And explosive words. Kim jong un orders his countrys warheads to be readied for use. Officials from tokyo and okinawa have reached a settlement over a u. S. Base. They will head back to the bargaining table. Translator following the settlement, the government wants to reach an an amicable conclus. Translator it is reasonable that the government accepted the settlement. Now both sides need to show accountability to resolve this longstanding issue. Abe has agreed to suspend construction on the planned base. The government and okinawa will drop all lawsuits against each other and hold talks. The Central Government filed a suit in november. It is one of three cases between tokyo and okinawa. The government wants to move the ....
And workers in hiroshima continue a grim search for people buried by landslides a week ago. People living in the gaza strip and parts of israel are leaving shelters and hoping they wont have to return. Israeli leaders have agreed to an openended ceasefire with hamas, the group that controls the palestinian territory. The truce at least for now ends a conflict that has stretched on for nearly two months. Nhk worlds craig dale reports. Palestinians in gaza rushed into the streets to celebrate. Theyve been running from israeli air strikes for seven weeks. Now they seem confident its safe to be out in the open. Translator i feel happy and joyful, like all palestinians do. Our family welcomes the truce agreement. Reporter hamas leaders took a moment to boast. Translator we are here today to announce gazas victory said a hamas spokesperson, to declare we have won over the destructive israeli power. That power exacted a steep cost. Israeli attacks flattened building after building. More than ....