Betty one longstanding story we are watching is treasury yields and where they are headed, and i want to pull up a is behind thethat volatility we are seeing in equity markets, 10year gilts yields. Key level of 3 , and we have been watching that like a hawk, it is almost like a movie. Once you get to the big box somee opening, but for will hit that at three years time, what happens after that . We have seen quite a bit of volatility headed as we have been seeing yields had towards this level, but afterwards is the question. What are we going to see in the markets . Yvonne it is interesting you mentioned this earlier, and the markets have changed. They are not buying the dip anymore, and the 10 year yield edged lower, so whats shifted and what hasnt. Lets take a, closer look to Investor Sentiment and what happened with u. S. Stocks. Stu keenan has more. What we are seeing is the technicals of the market which can show underlying weakness. Does the second day of reversals, it is green ac
To talk about demand as you said in your report, demand, the pace has weakened in july and august. In september we saw the impact of the hurricanes. Was it off a oneoff effect . Is this something to worry about longer term . I think the focus should shift to the fact that in the Second Quarter of this year we had exceptionally Strong Demand growth year on year. That was partly due to the fact that the year before demand was relatively weak. What we need to say is over the year as a whole in 2017, despite the quarterly variations you mentioned, demand growth is robust it will be 1. 6 Million Barrels a day in 2017 versus 2016, which is strong. In the report weve reconfirmed our forecast for 2018 where we see demand going up again by 1. 4 Million Barrels a day. In 17 and 18 we have good demand growth, spread fairly evenly around the world. Just two days ago we heard saudi arabia was cutting its exports. Thats in part because of some refinery maintenance happening in china ahead of the Peo
A legal case for failing to crack down on fiat over the emissions scandal sending shares in the carmaker lower. Ubisoft shares sink as the french video gamemaker trims its midterms sales guidance, despite playing down its reliance on new launches, saying it can boost profitability from older games. Good morning, everyone. Lets kick things off with our top story. President trump asked former fbi director james comey in february to end the agencys investigation into former National Security adviser Michael Flynn, thats according to a report by the New York Times. Nbc news has confirmed that comey wrote a twotaj mpage mem detailing the conversation immediately following the meeting. The white house denies the version of events saying the president never asked mr. Comey or anyone else to end any investigation. Nbcs blayne alexander has the story from the white house. Reporter tonight more damage control for the white house, now denying new reports that President Trump urged former fbi dire
To hold talks wit the main parties in Northern Ireland at downing street. Now on bbc news all the latest Business News live from singapore. She has done it us Interest Rates rise to their highest levels since the 2008 financial crisis but now what . Overall we continue to expect that the economy will expand at a moderate pace over the next few yea rs. Moderate pace over the next few years. And it is crunch time in the bidding warfor years. And it is crunch time in the bidding war for toshibas chip years. And it is crunch time in the bidding warfor toshibas chip unit but wary as japan, which has traditionally stood behind its troubled companies . Hello, welcome to Asia Business report. Despite lacklustre growth the American Central Bank has taken steps to cool the Worlds Largest economy, forging ahead with the second Interest Rate rise this year, signalling another is on the cards in 2017. The fed reserve, led by the chair, janet yellen, had plans to shrink the Bond Holdings and massive
We will be taking you around the world over the next hour from manila to do by and paris to dubai and paris. Apec summit,at the where president obama has landed in the past half hour. Will Terrorism Take over the agenda . There is no official word whether it will be inserted. There will be a lot of chances and opportunities for people to get together and huddle, similar to what we saw between president clinton and president obama. We have been talking about World Leaders coming in. Present putin will not be attending. We saw them fly in, one after the airport. Teat the korean present is arriving. Over the next 30 minutes, we are turnbull. Malcolm it is a whos who in politics. They will be gathered a few minutes away from where i am. Talking to Business Leaders all morning, all of whom have been getting their thoughts together on what is happening in paris. They have basically said, yes, it is getting harder. One of the few things, the initial emails they got, was from their internal se