Everything has to do with the tax reform in the u. S. Dollar, a little bit affected by the tax bill. Theresa may made moves to rally the troops to have a common vision on what trade will look like. We will speak with the vice chair of rothschild. We will also speak to david herro. And then, we will speak to fed president the of dallas we did get figures out of germany and Business Confidence is at 117. 2. It is missing estimates just buy a touch. To be at 117. 2. Weseems to be ranging as speak. Lets get straight to the bloomberg first word news. Reporter donald trump has called russia and china rival powers to the u. S. As he outlined a new foreign policy. In a departure from his previous statement, he declined to mention Climate Change as a threat. Donald trump we also face rival powers, russia and china. We will attempt to build a Great Partnership with those and other thatries, but in a manner always protects our national interest. Reporter nikki haley has blocked the u. N. Security
I am manus cranny. Coming up on the pulse, well be speaking to the former a tie in finance minister and the bank of italy director general emeritus the british co simon money emeritus fabrizzio saccomoni. Angela merkel warned that the clock is ticking. Time is running out. Where emphasizing the social cause they need to be made. And on to resolve the situation as it is. Manus let us get to our team. Guy johnson in athens. Once nichols in brussels. Hans nichols and brussels. Guy, let us go to you. It is about the banks. European Central Banks is holding Europeans Bank is holding firm on what they loaned to the banks so far. Guy paul will give you the details of what is happening. The Banking System remained shut. This economy is grinding to a halt. The agency said about depression. That is what it feels like at the moment. Businesses are shutting up. They cannot get more credit. Npls were already bad. They are going through the roof at the moment. The greek tagging system has enough cas
0k, time, now, for World Business report, with rachel. Up or down . After the disappointing Growth Outlook the uk received from the imf last week, today we get some real numbers for the british economy. And, after emmissionsgate is a new Scandal Brewing or vw . If so this time its not alone, all the main german car makers are accused of having operated a cartel. But did they . Welcome to World Business report. Im rachel horne. Also in the programme will nintendo continue its comeback . Sharanjit will tell us what to expect from the gamemakers upcoming results. But first, later this morning the uk will unveil its latest Growth Numbers for the three months to the end ofjune. Earlier this week, the International Monetary fund warned that weaker Economic Activity means both the us and uk will expand more slowly than expected this year. However, in the numbers due out this morning, economists are expecting the uks growth rate will have risen slightly in the last three months to 0. 3 . Follo
Retailers which is trying to break into some of asias biggest markets. Bland and boring, today we want to know, whats the best named town youve ever visited. Just use the hashtag bbcbizlive. Hello and welcome to Business Live. In just under an hour, the uk will unveil its latest Growth Numbers for the three months to the end ofjune. Earlier this week the International Monetary fund warned that weaker Economic Activity means both the us and uk will expand more slowly than expected this year. However, in the numbers due out this morning, economists are expecting the uks growth rate will have risen slightly in the last three months to 0. 3 . It was 0. 2 in the first quarter. Following the brexit vote, the pound fell. This put pressure on prices and last month inflation stayed above the bank of englands 2 target rate. And higher prices partly from Imported Goods are having an impact on Consumer Spending. Now according to visa Household Expenditure fell 0. 3 last month the lowest figure in
C is for costs. Out for that falls on concerns around advertising spending. Ads, will they eat into profits . Hour less than half an till the european open. Lets look at how futures are trading. We have green arrows across the board. The strongest gain on equity Index Futures is in london. The ftse there am a futures trading up. 4 . The frankfurt trade, a point dax futuresain. 2 . Not a lot of Movement Today as there wasnt yesterday, either. Yields hovering around the 0. 5 level. Right there right now. The question is, will investors really go risk on today . Buy stocks, sell the booms and try yields up . And dry the yields up . Dollaryen,e got dollar down, yen rising for six days in a row. 110. 86 is where we are. One thing that, i cite this morning was the japanese Government Bond market. The 40year paper. 2005 forst demand jgbs. That is why yen is a little stronger this one. Some oscillation in north korea, south korea and china. Europe set to open up 16 . Currency is the prism thro