Francine good afternoon if you are watching from asia. This was a couple of days after the news from the saudi attack on the infrastructure of saudi aramco. Bank raised its benchmark rate to 1. 50. They had flagged they would raise rates. Wereeason why people questioning whether they would do it is because the World Economy is more uncertain than a couple of months ago and you see a lot more dovishness from the ecb and the fed. Toit is quite difficult raise Interest Rates in this kind of environment. Eurodollar at 1. 1, and because it has been a very big week in oil, we have a look at the oil price. Norwegian krone on the back of raised, having a significant move to 9. 85. , we speak to the governor of the norwegian central bank. Dont miss that interview just after 10 30 a. M. London time. Lets get straight to bloomberg first word news in your city. New sanctions against iran are coming. This is from President Donald Trump in response to the attack on a key oil facility. Michael pompeo
We have a lot of news to go through and we are looking at the 10 year treasury yield, of course, the markets, and the implications of a divided u. K. , brexit talks, and the macron win. First, lets quickly get onto your data. It is one thing that markets are looking at to see whether there are any tensions or not. Global equities are rising and that is filtering through to europe. We saw stocks in hong kong gaining, as Technology Stocks are beginning after their biggest weekly selloff last week. The yen is falling. Oil is down, and we see little bit of pressure on gold. More on that, but first the bloomberg first word news. Nejra theresa may is to chair an emergency meeting of the countrys Security Response team this morning, as police are investigating a potential terrorist attack after a van plowed into pedestrians outside i a north London Mosque. At least one person died and eight people were injured when a van was driven into Finsbury Park. A forest fire triggered by thunderstorms
Bournemouth owner Bill Foley is close to adding another club to his football portfolio with the American due to be named as the preferred bidder for the Australian Professional Leagues (APL) expansion franchise in New Zealand’s largest city, Auckland.
Foley, 78, is the managing partner of Black Knight Football Club, the group of investors who bought Bournemouth last December and then invested in French side Lorient a month later.
The APL announced its plan to add new A-Leagues teams in Auckland and Australian capital Canberra earlier this year, with the two franchises joining the men’s and.