Stay updated with breaking news from Kari lundgren. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
i m guy johnson. anna: about 6:00 here in the morning in london. we had a turkish election. the market reaction is already pretty clear. a stronger turkish lira. this is it versus the u.s. dollar. that is the game that the turkish lira has made and the loss of the power of the u.s. dollar. erdogan says the world must respect this decision. we have got some numbers coming through. ryanair just reporting profits up by 37%. a little bit cautious about the winter. laterl get some analysis and talk to michael o leary. let s talk more detail about the hsbc story. third-quarter profits beat estimates. this is a global bank but it is europe s largest bank. to darren inow hong kong. why are the numbers better than expected? 6.1 billion on the pretax reported by hsbc. analysts were looking at something in the area of 5.2 billion. analysts can t even can t usually gets in advance certain items and hsbc usually pretty transparent. namely, we are talking about lower fines and ....
executive board member says the central bank could lose credibility if inflation goals slip. welcome to countdown. has just gone 7:00 here in london. in the last hour, it has been reported that france has destroyed the islamic state s command center in raqqa in northern syria. police have a number of raids across france and in neighboring belgium. french president francois hollande: the u.s. and russia for a new alliance to destroy the islamic state. we are joined by hans nichols and guy johnson. some breaking news about french airstrikes and what they have reportedly managed to achieve. guy: a second night of strikes from the french. it appears they are targeting, again, the northern syria town of wrapped up. town of raqqa. it was done once again working with the americans, who are providing targeting information. it appears 10 jets took part in the raid. it appears that francois hollande is going to step up this fight against is, and it appears he is once again wo ....
europe. just waiting for momentum to build. one of our best days yesterday in almost two months. 600.over 0.9% on the stoxx let me take you on a journey. this is what everybody is focusing on, the magic number, 17,000, the united states on the dow jones. whether the s&p 500 can continue momentum. whether you believe in the dow theory. that is where they ignited the concept that this bull rally could continue. when you are actually talking about it, sometimes it is over embellished. the u.s. took the lead and they went charging ahead in asia. six-year highs within the asian markets. here we go in europe. the french prime minister tells the markets that the euro is overvalued. not good for exports. the ecb should do more. paris down by 0.2%. have a look at some of the corporate stories. a baby sales company. they had discussions with destination maternity. destination maternity offered 300 pence twice and have been rebuffed. let s see how mothercare opens. when it comes ....
good morning. welcome. you are watching the pulse. i am guy johnson. what else have we got for you? accounting offers a list all. will gobranson said it to space before the end of the year. counting off the lift off. air france pilots say they will stay on strike indefinitely. we will sow the troubled carrier can get off of the ground. data coming through at the moment. i.e. euros september services data was weaker than anticipated. numbersust getting the at the moment. the manufacturing numbers at 50.5. that is pretty much in line. the services looks a little weaker. earlier on we had a french manufacturing data better than expected but germany was worst. that is a positive spin we will put on. our top story. israel s army said it has shut shot down a syrian warplane near the border as the united states and arab allies launch their first airstrikes against militants inside of syria. for more, let s bring in elliott dokken. let s start with a is really an story. ....
stoxx 600 yesterday down the most in a month. u.s. p 500 slowed in the asia on track for its third weekly decline. fear in the equity markets. clearly there is concern. $1.4 trillion wiped off in the month of september. not nice coming back from your holidays to swallow that. if you are short, might have a smile on your hand. u.s. data, that seems to be what is concerning us. gdp figures coming in today for the united states. final numbers could be up 4.6% in the second quarter. that means more interest rate rises to come quicker. stimulus hope for in europe and japan. start seizinghey foreign assets? that is what is being worried about. could we see a change in the japanese pension fund? that is driving the yen lower. currently we see the japanese yen the dollar is climbing versus the yen at the moment. the yen weakening to near a six-year low because of the nation s $1.2 trillion pension fund. could be buying more overseas assets. meanwhile, let s have a look at the ....