The market, fear the market, follow the market, that is living to Deputy Governor of the bank said today. Do we fear the market, or trust it . Lets have a look at how we are seeing the rebound affect commodities. Up goes copper. We are also seeing oil on the rise. U. S. Supplies and it down for the Third Straight week. Up to 43 ais barrel. I want to focus in on currencies, we are seeing when dollar bounce back yesterday the market in europe was lower, but the u. S. Is actually having a come back. Were refactoring potentially when we might see hike. Aid hike fed rate to movehe dollar starts a little bit higher. The euro lower, having been up for them a percentage point yesterday. Bonds we are seeing risk appetites. U. S. Similarly, yields are on the rise. Money going into italy, money going into spanish debt as well. Lets have a look at some of the stocks hardest hit by china. Weekend,inese yen has has so has the Consumer Spending power. Turnaround, owner of hit,des, diamond felt they t
Well talk about what is happening with the shipping story. Global trade, a little bit later on as well. Looking forward to that conversation. Then we get to Deutsche Bank. A big story. Jonathan in the news once again. The management is the bank is solid. Thewe understand that management is considering a bond buyback. The damage has been done. You wonder whether that can last. Guy i think there is a lot of communication that needs to happen. These guys will be spending amounted over the next couple of weeks. Trying to figure out exactly where they stand and where the future lies. That will be a big feature of the Banking Sector. Versed, lets get to Caroline Hyde. Caroline the antiestablishment candidates have claimed victory in the New Hampshire primary. Easily over Hillary Clinton which means the democrats can be heading for a long nomination fight. A crowded republican field with john kasich in second place. 2016 goldmanto sachs has abandoned five of its six recommended top traits. Th
Welcome to countdown. I am mark barton. I am anna edwards. I am manus cranny. We will start with strong words on russia. That annual speech is usually a platform for major policy statements and ceremonial trappings, cameron did not disappoint. He condemned Vladimir Putins actions in ukraine and sanctions he said were not only right but in the uks economic interest. Russias actions oppose a grave danger to the rest of europe. Here in this building, with its history shaped by the blitz, we should not be reminded of the coincidence of turning a blind eye within countries in europe believe smaller countries. Chilcote joins us. Are there more sanctions to come . There may be. We will find out on monday. We heard from Angela Merkel and she is the first to suggest that sanctions should be expanded so we heard from the americas yesterday. We heard the british Prime Minister say if russia does not change its actions, there must be more action to take a listen. Has warned we are on the brink of
Mark barton. And i am olivia sterns. Also coming up, we meet the founder of a shaving start up that is cutting down the competition. The blackshow you knights transformer as it takes its first test flight. U. S. Regulators are said to be seeking more than 5 billion from bnp paribas to settle investigations into its dealings with sanctioned countries, including sudan and iran. David tweed has the details. Is much bigger than anticipated, isnt it . Only last week, we were reporting that it could be around 3. 5 billion. At number has been upped by about 1. 5 billion. Havemonth, bnp said they 1. 1 billion dollars set aside to pay for this potential fine. At the time, they did say that they would probably need more money. The thing is, this is something that the u. S. Attorney in manhattan has been saying, that there is concern that the fines are being meted out for companies that have been violating sanctions, not big enough to reflect what they have been doing. Think about it. You violate
Cautiously optimistic on higher freight rates. Brent hovers near 110 aed my amid fears over tensions in egypt after they call for prayers today. Good morning, everyone. Youre watching a brandnew edition of Worldwide Exchange on this final trading day of the week. We are pretty flat one hour into the trading day after those big declines in yesterdays session. Not just on the european markets and also in terms of the u. S. And asian session. We have upbeat earnings reports from the likes of Moeller Maersk. Look at the shares right in the bottom lefthand corner, you see Moeller Maersk, the biggest gainer, up by 5. 5 . This is after the Company Beat Expectations with its Second Quarter numbers and also lifted its guidance for the shipping unit. Well be talking much more about Moeller Maersk later on in the session. I want to show you whats going on in the european markets in more detail. The ftse 100 still seeing a little underperformance, but not flat versus the big declines over the two