The yen extends declines beyond 155 per dollar as the boj meets. Bhp approaches rival Anglo American with a takeover offer. The move could spark the biggest shakeup in the industry in a decade. The launch of earnings begins in europe with much of the focus on this mornings data around the banks, starting with Deutsche Bank. Crossing the screen, germanys largest lender coming in with a beat for its fixed income trading team. There was an expectation they would do well and they have outstripped u. S. Peers with fixed income sales and trading revenue coming in above estimates, 2. 5 2 billion euros above the estimates of 2. 4 one billion euros. The bank seeing 2024 revenue slightly higher year on year so a beat on the revenue front and the fixed income trading team at Deutsche Bank doing the heavy lifting in the latest quarter in terms of sales and trading revenue. In terms of 2024, the private bank revenue has been flat year on year and in terms of expectations, 2024 around fic, fixed inc
Samsung. But also how it points to this bottoming out in the chip market and potentially the recovery for semiconductor demand. Were actually seeing sk hynix starting today on the back foot, sliding about 3 now is investors digest that scorecard. Potentially what we got from med is bringing from meta is bringing the downdraft into the korean session. The outperformer among the asian currencies looks to be reversing some of that today. We also have the open in japan. One of the things we will be watching out for has been the japanese currency which has breached the 155 level. This has got to do with that yield gap as we saw the way u. S. Treasuries were coming under pressure overnight. But now that we are watching the yen at the weakest level versus the greenback in about 30 years. Consider how back in june 1990 when it breached 155, it was a matter of a couple of days before it reached the 160 level. Though there is some skepticism as to whether we will actually see intervention by the
Program. On behalf of our community partner. It is my pleasure to introduce tonights author tom shackman we could not be more thrilled to host tom as he discusses his new book how the french saved america. The soldiers, sailors, diplomats in the success of a revolution. Financial support and the Marquis Lafayette were only parts of frances contribution to americas success against england. And how the french saved america he makes a convincing case that without france the night seats may never had gained its independence. To the rebelling colonies in the french assistance the aide however is often downplayed in historys retelling of the event as we often like to think of our forefathers as having achieved independence all by themselves. After the declaration of independence that assistance that included the wages for our troops guns, cannon and ammunition engineering expertise that enabled victories and prevented defeat diplomatic recognition. Taught at the York University and lectured
Century, transformations that changed the country from being one country distant from the center of International Conflict and activities into becoming a central actor. Not the most dominant, most powerful. A country to be reckoned with. One way to think about this is the u. S. Goes from being a continental power after the civil war to being a power now with International Range it did not have before with a whole new set of problems related but also different from the issues of the postcivil war decades we dealt with before. In the first proposition central to the way we think about American History is the u. S. Is always an international society. International in the obvious ways but also in the sense the u. S. Has always depended upon the movement of people, goods finance from far away. There was never a time when americans living in the u. S. Were isolated from the rest of the world. Never a time when they were an island without connections elsewhere. Our ideas of governance, the pe
In front of the children last week. In france, 20 people are known aftere lost their lives cities like caen received two months of rain over a twohour. Nato has held an emergency meeting in brussels after a turkish exit after turkish f16 fighter jets were scrambled after a russian warplane entered turkish airspace. Them toled on immediately explain the violation. Reporter it is days since moscow launched airstrikes in syria. An aerial incursion into turkish airspace by a russian fighter jet has sent pulses racing. They said it was a mistake, that they respected turkey borders, and it would not happen again. Reporter they urged russia to cease, this is, and explain its a. I call on russia to fully respect turkish airspace. I urge them to align their actions with the steps of the International Community in the fight against isil. Reporter russia claims it has been doing up. Others claim it has targeted the moderate rebels. We have continued airstrikes on the Islamic State of syria. Their