Mikel arteta, as their next manager. It is so easy to leave me all alone with the memory. One of Andrew Lloyd Webbers most famous musicals transfers to the big screen today well ask why so many critics have their claws out for cats. Iamat i am at Somerset House. Indoors enjoy the sights of the gingerbread centre. Outdoor, rain, particularly in Eastern England. Yourforecast coming up. Its friday the 20th of december. Our top story the Prime Ministers brexit divorce deal will be put before Parliament Later. It comes in a year where theresa may, then mrjohnson, wrestled with mps over their plans. Today is expected to feel very different as the government now has a strong majority. Officially known as the eu Withdrawal Agreement, it is the legislation needed to make brexit happen. This week, it was announced that the government would add a clause to rule out any extension beyond december 2020, ending what Boris Johnson calls years of deadlock, dither and delay. Now, with a majority of 80,
Gardens and growers, we are desperate in some areas for some rain now. But it isnt great news if you have other plans, you will need to keep abreast of the forecast for the details. Hopefully something behind it a little brighter but not quite as warm. As we move out of sunday, that band of showery rain moves away only to be replaced potentially by another spell of wet and windy weather pushing in from the west. So we are starting to see a change as you can see quite clearly. Lets just reach up. A change as you can see quite clearly. Letsjust reach up. Into the weekend we have that southerly flow, and its the southerly flow that drugs and more heat, but more moister, more humidity, from the near continent does make drags in. Its the High Pressure that weve seen, old courtesy of this week, undulating jet, drift away and the jet stream is then that you strengthen. A strong westerly right gcioss strengthen. A strong westerly right across the uk is the jet stream drives in the areas of low
Comment on just todays effects, but if we take a step back, what has been happeningthe direct effects between the u. S. And the uk or the u. S. And china of the actual tariffs and, you know, theyre starting to get up towards potentially over the course of the two, threeyear period about one percentage point lower for u. S. Gdp if they all remain in place. There is the direct effects. What is happening globally is a confidence effect on business. Business confidence, not just in the u. S. And china, but all across those supply chains more broadly because its not, as you know, just a series of measures between those jurisdictions. We had issues around auto and still have issues around steel and we have issues in terms of the technology complex, if i can put it that way. And those effects are at least as material as the direct trade effects and those effects are impacting all of the economies around the world and thats what started happening. Now that is starting to play into the outlook
Anna a very warm welcome to daybreak europe. I am anna edwards. Manus i am manus cranny. We have one spared we have one very special guest, tim draper who joins anna and i. Anna appetite for technology generally. More a foreign appetite for japanese stock. [no audio] manus this is your green line. These are the buyers that come. N, the nikkei ambassadors are buying japanese stocks. They bought nearly 6 billion in the first week, the most in 2. 5 years. The foreigners are still underweight and it could be the abe call. It could take you to 25,000 on the nikkei. Anna we watched the politics of there. The japanese stock market up by. 2 . Lets put up the risk radar. The Asian Session is really on pause. Near recent highs. Concerns around the korea coming back to the market concerns around north korea coming back to the market. Not shaking the markets excessively. Outover in the u. S. Geeking new alltime highs. On thes a lot of focus next fed chair. How hawkish is the next fed chair going t
Hasnt been as strong as we had thought. Getting obviously a little bit of relief after the announcements of all the buy backs and dividend increases. It doesnt seem as though anybody changed his or her opinion about the businesses themselves, whether they can earn a proper return in this environment. It seems still kind of a call on fed policy, but at least youre going to get paid a little bit along the way if youre a bank shareholder. Were seeing, this is the last day of the first half, last day of the Second Quarter. Coming off some pretty strong gains. I believe the best two day gain of the year on monday and tuesday but we are getting some of those headlines from the bank of england. Wets get out to wilbur frost outside of the boe in london with those headlines. Reporter thanks very much. Mike carney speaking right now. Hes due to say that there is need for summer stimulus after the brexit shock. This next line is a direct quote. He said in my view and im not prejudging the views o