Another headache for investors after Prime Minister tsipras resigns ahead of a snap election. Unlike the usual attitude of many who unfortunately consider themselves entitled to keep their seats and office regardless of the condition and circumstances. I feel the deep moral and political obligation to put in your own judgment everything i did. That looks to be fairly strong. You have euro zone Business Growth accelerating in the month of august. Composite number of 54. 1 and those pmi point to Third Quarter growth of 0. 4 according to market. They say the weak euro and price cutting is boosting demand. The Market Manufacturing flash came in at 52. 4 in the month of august versus a consensus view of 52. 2 so that is just slightly better than expected but this is unchanged from the month of july in terms of the services number. We have to print a 54. 3 in the month of august and that is also higher than forecast and also a touch higher than what we saw in the month of july. I want to tel
After the Prime Minister resigns ahead of a snap election. Unlike the usual attitude of many that consider themselves entitled to keep their positions, their seats, their office regardless of the conditions and circumstances i feel the deep, moral and political obligation to put in your own judgment everything i d did. That only begins to describe the chaos on wall street. The nasdaq below its 200 day moving average. The s p 500 lower by 150 points. Dow losing 358 points and Global Concerns the topic of discussion. Chinese factory activity hit its lowest level since march of 2009. Thats weighing on asian assets. If you take a look at the shanghai composite closing down by 4. 2 below its 200 day moving average. Its fundamental and technical factors that are at play but not just china. Youll see red across the screen. The hang seng index with the worst week since 2011. Here on friday, closing lower by 1. 5 . A lot of the auto and industrial stocks weighing on the index and then you take
One year on ukraine remembers those lost in protests that overthrow overthrough a president. Hello, there, thank you for joining us. At least 20 people are dead after a double suicide bomb attack in the somali capitol, including two government officials. Alshabab is claiming responsibility for the blasts at a hotel where members of the government were meeting. Reporter mogadishu is a city used to violence but in this latest attack a vehicle laden with explosives rammed through a hotels front gate and a suicide bomber blew himself up inside. Politicians are confirmed amongst the dead. Translator the explosion was so huge that it shook the whole surroundings. I survived but i saw several people lying dead. The scene is very ugly with blood and flesh everywhere. Reporter alshabab has claimed responsibility. Central hotel is popular with officials because it is near the president ial palace. Its the second hotel to be targeted in as many months. They controlled much of somalias south until
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