How to taper without hitting prices . Polands president ial election is too close to call. We have the incumbent ahead by a thin margin. The result is seen as pivotal for the nations future ties with the European Union. Welcome to the European Market open. Matt is off this week, but just a month under an hour until the start of the trading day. European futures and u. S. Futures for you and both tell a similar story. European equity fund its pointing to the upside, u. S. Futures pointing to the upside. Between. 6 andp. 8 . Weve got u. S. Banks reporting, plenty of those coming through the week. Weve got a few Central Banks giving us their Interest Rate decisions, a little less likely to drive sentiment this week. Looking to the earnings season for any clues. Lets have a look at the gmm to see where weve been overnight through the Asian Session and any clues into the european session. Flying, chinese assets taking off despite caution in chinese papers. The japanese nikkei come also stro
Markets. Through lets whip some of these Asset Classes. A soft recession to europe when i got an early this morning. It has come back a bit further now. Market, shining bright red is sterling. About toright now, are break it. The flask pmis, ugly. Given team is quite a number cents 2009. Down for itk that we havent seen these number sense 2009. Well break it down for you in a minute. About threeown basis point. We will guide you to the markets to the rest of the hour. The worlds go around for indepth coverage over our urtire story all of o stories. Nejra is in london with the havoc wreaked on the u. K. Economy. We are joined in the public and National Convention the republican National Convention in cleveland. Like asurface it looked pretty stellar quarter. Sales were about 33 billion. Theis the stock down on report . Some expectations, they did beat expectations. Wasand gas was weak, but i worried about it being weaker. It is more about expectations and actual results. Alex where did
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 merkel. For the first time, her union lost the antiimmigration in the state election. Her popularity has plummeted si
World stocks were on the brink of an all-time high and the euro rose on Thursday after the European Central Bank cut interest rates for the first time in nearly five years, but also signalled that follow-up moves could take a while. ECB policymakers duly delivered their widely-flagged quarter point…
NEW YORK/LONDON : World stocks hit an all-time high and the euro rose on Thursday after the European Central Bank cut interest rates for the first time in nearly five years, while signaling that further moves could take a while.ECB policymakers delivered their widely flagged quarter-point cut to 3.75 per