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And break the impasse. U. S. Treasury yields come off session lows on the new optimism after a bond rush pushes the tenyear to levels not seen since the middle of 2016 and hong kong protests take a violence turn again as police draw guns and use a water cannon in the 12th week of prodemocracy demonstrations to rock the chinese territory all right, good morning, everybody. It is a bank holiday in the uk but not so much for European Markets. Ill take you to all the price action were having and seeing today in some of those european indexes. Lets start off with germany were getting some data out. So let me just bring you those numbers there. We are seeing yet another decline in business german moral in the month of august it has come in at 94. 3, this is below the Consensus Forecast of 95. 1, so drop in the business clie mate index, kurn season index coming in at 97. 3. Aga ....
First half net profit jump for roche as they lift their Sales Outlook for the year the ceo tells cnbc the trend will continue into 2020. Given the strong momentum we have with the new medicines, we also expect growth beyond the current year and to be able to continue to overcompensate the effect of the entry of the bio similars. Astrazeneca shares hit a record high as they beat Second Quarter estimates. The ceo hales strong growth in cancer drug sales. It was a growth rate of 19 this was driven by oncology Franchise Growth of 58 . We got to 4 billion for the first half, china grew by 35 . So very great driver of growth for us and ab inbev beat Second Quarter forecasts as beer sales grow at their fastest pace in five years, while diageos ceo tells cnbc a taste for g ....
Of 125 so, that is just a touch below expectations the headline index, that is easily beating expectations. Lets get instant reaction to this from annette. The key question here, to what extent did this already factor in the collapse of the Coalition Talks . Would this have been reflected in this result actually, the cut off date of that poll by ifo is yesterday. There is a fraction of respondents who have factored that in in their response. Ifo is also saying the majority of clients are responding in the first two weeks. So, bottom line is there is only a slight effect of the collapse talks in the numbers setting these things aside, there are many people also, the German Economic Council of economic experts, who say those failed talks should not necessarily dampen the Economic Conditions and the outlook f ....
A warm welcome to Worldwide Exchange on cnbc. Im wilfred frost. Im seema m infa for sara eisen. Good morning. Good morning to you great to have you with us lets get to the Global Market picture. Its an encouraging one. Yesterday, record closes note just for all three main indices that youre looking at, but for the russell, for thel transpor as well. The nasdaq up 0. 8 the s p and dow up about 0. 6 . The year for the w3ow thats roughly one every four trading sessions. E extraordinary statistics rp r yesterday. Utilities the worst. Could be another positive set of record closes. The dow higher by 72 points, nasdaq by 10 s p by 5 it was a riskon day for the bond xdarket. We saw selling of bonds. Yields rising. The tenyear pushed up to 2. 39 , where it sits this morning as well global stocks have had an encouraging start to the week. Letse1 look at how asia perford overn ....