Live Breaking News & Updates on Manish Singh|Page 4
Stay updated with breaking news from Manish singh. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
A pound is interesting. Lets talk about that throughout the show. We have equity markets. There is a decent rally from friday. And then oil is the story as well. We have Ryan Chilcote joining us shortly to talk about whats been going on. 2. 65 . Up we can blame the russians for that drop. And the dollaryen, down. 6 . Lets check in on the first word news. Theresa may is dismissing claims made by boris johnson. He called for a bloomberg he called for a points system. Theu. K. Needs to speed up Bloomberg Program he needs to speed up the brexit program. Speed up the process especially in the external dimension. And therefore we cannot waste two years on the u. K. With how to maintain them inside without one of them wanting to be inside. So we cannot afford that. He also said that the u. K. Should expect a limit on exports to the eu. It was a political humiliation for angela mer ....
Welcome to the pulse. We are live from london. Im manus cranny. Lets get into those numbers with mark. Mark, it is a mess on the composite and a miss on the services. Mark interesting because growth momentum in the euro area could pick up this month after new orders rose at the quickest pace in a year according to the latest market economic data. The purchasing Managers Index gauging Economic Activity in the from 53. 6 in september. That is below the october 23 estimate of 54. It is well above the 50 mark that divides expansion from contraction, and a measure of new order growth rose to 53. 6 from 53. 3. This confirms the euro Area Recovery is proving resilient to a slowdown in emerging markets despite this slide in Energy Prices and a stronger euro dampening infla ....
In bit of graphics showing up that were opening flat. What is happening with the euro in little bit higher. The dollar is trading lower. This is interesting. Why . Not a listening to Stanley Fischer. The dollar is currently flat. Over the past few days, a continuation of a decline in the dollar. Clearly, weakening story not abiding the tour rate hike as soon as this year. The meeting to get through. A look at four currency i want to to keep an eye on, the turkish lira. Were seeing the weakening first the dollar. The u. S. Dollar on a tragic weekend we saw, the terrorist attack. Lifecost in terms of human and concern when it comes to the asset classes. Copper is rallying higher. One copper asset we will look at. Glencore, how is that trading going . Copper off some of the assets as they try to reduce data low. Spikes almost 3 higher this morning. Tries to reduce the debt load. Is flat. Could we get a sweetened deal for the brewer ....
What is happening on the markets. A surprisingly busy session. Caroline grinding higher across the board. Political risk is dominating the front of every traders mind when it comes to spain. Stocks and bonds, stocks and bonds down today. This ibex 35, clear underperformance. Making up all of those losses we saw on friday. Id ask shopping ibex having its worst day. Every Industry Group is tainted. Real Estate Companies trading lower. Does utilities , elections. Can they get together some sort of majority . We are entering uncertain uncharted political territory. Theyre up 13 basis points. They were up 18 basis points. Daily, foreign costs rising. Concern about the political stability of spain. Interesting though, keep an eye on oil. It is always on our perspective. This is 2004 for you. It is down phenomenally this year. 36 per barrel on brent. Clearly, the ongoing concern a ....
Randgold in the first uptick of the day. The complexion is lower. Asia, making levels we havent seen since the year 2000. A couple of individual names. Some deals, Share Buybacks coming through. There is something good in the world when you get a takeover stock that opens up. Rexam, being taken over. The stock finished at 559. 5. Caroline hyde will take you through the details on that. Theres suggestion from the brokers that they may have antitrust issues. Nestle, one of the Biggest Food Companies in the world. Revenue missed the target of 5 . Caroline will take you through those numbers shortly. Swiss re, they are doing a buyback. Schneider doing a buyback as well netting himself 80 . They have restructuring charges in the united states. The dividend 4. 25 swiss franc. Theyve been doing a Share Buyback. The stock ....