happening now, donald trump is casting his vote. he is voting at public school 59 in manhattan on the east side of manhattan. , he is casting his vote, he said he would be voting for donald trump. [applause] [laughter] . mark: 30 minutes away from the close, this is gmm go, global macro movers. yesterday, we rose for the first day, these are the currency fees rising and falling against the dollar with the pound slightly up. bond yields and commodities today, a caution ahead of the outcome of the election and a busy day for earnings. it announced plan to shut down 30 clothing stores in the u.k. and changing to food only outlets, their ceo wind in the expansion efforts of his predecessors desperate assessor, the retailer will shut 53 stores outside the u.k. and begin consultations with over 2000 workers, it retreats from 10 countries including china and belgium. it is cutting is margin outlook for the year underlying pretax profit fell a less than estimated 19% with shares get
said to plan an offer for yahoos with business, including its japanese arm, sending shares in tokyo surging. you are welcome to countdown this friday morning. i m manus cranny in london. the cynic in me says the markets are preparing for something much more insidious to come. let s focus on the yen. has the yen run it smile? this is where we are seeing dollar-yen on a time frame, high noon for the yen in the united states. view at theo be the moment. this was new york yesterday at 11:00. 4:00 in london. midnight on the orient express. we see the market begin to turn around. the voices of intervention are rising. the high for yen was the strongest since before qe. we ve had a five-day rally. up2.8% against the pound and 2.6% against the dollar. the biggest moving yen was against the pound. bank of america says get ready for appreciation. nomura says the level at which you see appreciation is 105. a friend of the program was spoken. he says they won t intervene on dollar-yen
welcome to the pulse live in london. i m manus cranny. we have had a tough ride in equity markets. for stocks. china s benchmark index closed flat on the day. it wasn t a day that was not without its drama. the shanghai dropping by 5%. and that then turned around, flipped around. we went into a gain of .9%, before he came back to the close of trade. of course, this is the last trading day before mainland china goes ahead with a world war ii parade. and those take place tomorrow, as china prepares to flex its military might. the government has been flexing its muscles in the markets. for more let s bring in richard frost. great to have you with me this morning. back just ated it the close of business. this is the most, i suppose, contrived market for many years. richard: yeah. become incredibly predictable, but it is also a t s bolder every single day. fell almost 5% shortly after it opened. and during the day, it started to come in, but it is in that thishour, where we see
after the government imposes tougher restrictions on arrivals to keep out new strains of coronavirus. senior police officers in the uk says their investigations have been compromised after hundreds of thousands of arrest records were deleted from the police national computer. hello and welcome if you re watching in the uk or around the world. in the last few minutes, germany s christian democrats have announced who s won the race to succeed angela merkel as party leader. he s armin laschet, widely seen as the heir to mrs merkel s centrist brand of politics. it places him in pole position to become germany next chancellor. angela merkel who s led germany for 16 years, has said she plans to stand down this year. jenny hill is in berlin. much surprise at armin laschet s success? much surprise at armin laschet s success? ., ., much surprise at armin laschet s success? ., ., , success? hard to say. most people thou~ht it success? hard to say. most people thought it would suc
hello and welcome to audiences in the uk and around the world. we re covering all the latest coronavirus developments here in britain and globally. the latest figures charting the human cost of the coronavirus pandemic have passed another grim record. 150,000 people have now lost their lives. just how we know who has died has come under the spotlight again as china has released new figures for the city where the outbreak began. it announced a 50% jump in the official total of people who died in wuhan. the total number of confirmed deaths in china is now over 4,500, a rise of more than 1,200. state media also reported another key number china s economy had contracted by a substantial 6.8% the first time it had shrunk for three decades. taken together, the numbers have led some to accuse china s government of concealing just how bad the outbreak was and how seriously it affected the country. but officials say there has been n0 cover up. 0ur correspondent in beijing, steph