We are also watching currency, the dollar has been the big story this week. The euro as well as its counterpart. We are taking a pause from the rally after the ecb, but if we see a gain today, that would take that streak for the longest in 16 years of nine days straight. So far it is flat. Flirting withlar . 70 for the first time this year. The dollar weakening across the board with the exception of the yen. Dollaryen, and offshore hovering. We are watching the bond markets as well. The mliv question is, the yields we are seeing, will they disrupt the equity rally . The u. S. 10 year after the u. S. Jobless numbers that fell again, treasuries ing the worst brent slipping after they did extend cuts after a breakthrough with iraq. Tom the European Central bank did put its money where its mouth is, announcing a bigger than expected increase in emergency bond buying, responding to what it calls the unprecedented contraction in the euro area economy. Kathleen hays has the story. What is dri
Go to. The latest signs of a slowdown in chinese economy leader global report today as chinese exports and imports fall while some speculate that the really condom is even weaker than is indicated by official Chinese Government estimates the latest figures show chinese exports to the United States search largest trading partner and rival for the title of worlds biggest economy falling by 16 percent in august year over year increasing the rate of decline from july is 6 point 5 percent Global Chinese acts Global Chinese exports fell by one percent in august of this year versus august 28th again on the other side of the balance imports to china from the u. S. Also fell in august for a 4th straight month imports from the u. S. Last month fell by 5. 6 percent versus the previous august matching the year over year rate of decline for july meanwhile the wall street journal cited an index from the firm Capital Economics of london called the china activity proxy. It has estimated growth below o
With Geoffrey Hawker of the American Institute for Economic Research anton horwitz above the trading then later. You as were working our way into a serious bear market and maybe its already started. And later we get a video postcard from christiane in singapore where she spoke with her now and International Investor jim rogers about the risks of a coming recession and how singapore developed its role as a Global Financial hub get in were going around the world in just 27 minutes lets go to. The latest signs of a slowdown in chinese economy lead our global report today as chinese exports and imports fall while some speculate that the really condom is even weaker than is indicated by official Chinese Government estimates the latest figures show chinese exports to the United States search largest trading partner and rival for the title of worlds biggest economy falling by 16 percent. Such an august year over year increase in the rate of decline from julys 6. 5 percent Global Chinese Globa
Move with Jeffrey Tucker of the American Institute for Economic Research anton horwitz above the trading later. As were working our way into a serious bear market and maybe its already started. And later we get a video postcard from christiane in singapore where she spoke with for now the International Investor jim rogers about the risks of a coming recession and how singapore developed its role as a Global Financial hub get in were going around the world in just 27 minutes lets go to. The latest signs of a slowdown in chinas economy lead our global report today as chinese exports and imports fall while some speculate that the really condom is even weaker than is indicated by official Chinese Government estimates the latest figures show chinese exports to the United States search largest trading partner and rival for the title of worlds biggest economy falling by 16 percent in august year over year. Year increasing the rate of decline from july is 6 point 5 percent Global Chinese Globa
A British Airways pilot say British Airways has made it now that British Airways has made it through some lean years to increase perennial profits to 3000000000 dollars management should reciprocate for pilot pay cuts that help the airline survive meanwhile the companys c. E. O. Weighed on weighed in on the strike this morning. It is punishing our brand is punishing the 90 percent of colleagues that have a really except at this 11. 5 percent deal and frankly it is punishing those pilots that want to come to work every day day in and day out. To be a general secretary says the labor action is causing daily losses of 40000000. 00 pounds but the issues on the table could be resolved for 5000000. 00 pounds meanwhile in todays episode of the bracks it show the Great British pound was up this morning on better than expected u. K. G. D. P. Growth a point 3 percent in july meanwhile in Parliament Speaker john bercow announced plans to resign by. 31st as the house rejected Prime Minister Boris