interest rates do remain unchanged. the vote on that. the gilt purchase is 8-0. the bank of england keeps key interest rate unchanged. the vote was 7-1. the vote on interest rate, 7-1. thathan: the idea is growth hasn t turned lower in the way that they anticipated and inflation continues to grind higher. it is starting to become more open to the argument that she has put forth? guy: i think you can deduce that from the line talking about tighter policies. the markets, because it has an assessment that the bank will look through this inflation because it is transitory and linked to the currency, maybe it doesn t hold water? maybe if they are concerned about the second-round effects? that it will have an impact on the wage story? and it could have an impact elsewhere because of that. so the implication seems to be that yes, the argument does seem to hold some water at the moment. the bank has not decided to step onto the other side of the debate. it is interesting at this poin
launched an icbm for the first time. president trump tweeted that perhaps china would end this nonsense once and for all. and china willia be meeting. china s official news agency, trade between 33% inand china raised the first five months of the year. further questions about donald trump s travel ban. the state of hawaii is challenging the enforcement of the order. they asked a federal judge to deny. global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. i am emma chandra. this is bloomberg. thank you very much. those are the headlines. let s look at the markets to show you where we are on the european equity session. the fourth of july is celebrating in the u.s. this is the picture right now. 0.2% at the moment. we have seen north korea digesting the carried out that icbm launch. some strengthening. we have the dollar-yen strengthening. yields are weaker. is a little weaker now. stories, north korea claimed they successf
the premier says china will continue to champion economic openness. it s bloomberg daybreak: europe. city ofre in the london, i m manus. a day of breaking news. one of the biggest nordic lenders, the critical thing on their mind was what would they do with the dividend? committeds if they ve 65, it s just a snap below the estimatet consensus . this after the ceo this time lester shifted gears in terms of having promised to pay out 75% of its former dividend, shifted gears and said it s going to a progressive level. you,ple of key numbers for the loan loss estimate is for 148.8, quite a significant fourth-quarter net loan losses. it will be eventful and we will be prepared, according to one banker. 1.20 one billion euros. net fee income, 876. the key message here is that the and the is in line buffers of capital are there. six-month earnings-per-share 34% and 44%. those other breaking news headlines. i thought we would start with a moment in time, have a look at this. this
viewers. the german efo conditions came in at 1.056 for november versus a forecast for 1.15. slightly better than expected. ju once again, seeing the german level ifo index at 150.5, that is more or less in line with expectations. i m looking at a forecast for 106. maybe a smidge below forecast. so a bit of a mix. this is after october where we hit a 2 1/2 year high when it came to the ifo index. we ll get more commentary on that. i guess i would say the ifo index is holding up steady given the concerns around trade after the trump election and also the brexit impact. we ll be talking to the ifo later in the show. also the latest when it comes to the ecb financial stability report. the ecb saying the eurozone faces an uncertain impact from u.s. economic policy. the ecb warnings come in this biannual financial stability review vulnerabilities remain significant for eurozone banks. the ecb sees intensified risks of global asset price corrections and the impact of u.s. policy ch
firm. welcome to countdown, everybody. i am anna edwards. manus: i am manus cranny. they warned us, saying the problems would be tough, dropping around 50% less. let us bring you the first news. first have sales coming in at 3.7 2 billion, that is down 11.4%, a little bit less than will the market was perhaps expecting. 353he operating profit, million swiss francs, that is down 53.6% annually. they expect the results close or equivalent to last year s, with that kind of pressure, this was last week, the stop dropping 14% on the day. the drop in profit they expected it to be twice what the analysts had expected. it is all about switzerland. anna: let s stick with the corporate thing. first-half sales rising by 5%, and roche confirming the forecast of interest, analysts say first half sales will be 20.5 billion swiss francs, a touch above the estimate of 24.8 billion swiss franc. and at 7.7 swiss franc s versus the estimate of 7.64. a look ahead of estimates. looking in parti