Well with the stoxx 600 up 2 10 of 1 . One of the outperform is is up and the cac is also positive. It is a racing some of those gains now. Lets get to the main story the Standard Chartered bank head of global fx research. Quarter gdpsecond growth doesnt sound like a massive slowdown but there are some warnings here, what should we make from this . Olds long as there is china just chinese growth over 6 , they are doing fine. They hit Market Expectations with aq2 number and we have not experienced the full brunt of the last rounds of tariffs which will be felt inq3 for the monthly numbers surprised to the upside and thats in the hope that maybe things are beginning to stabilize there. Its like a 14 trillion economy and its carefully managed and this is a managed slowdown. Should investors take flight at all . Investors have to be cognizant, every set of policymakers whether emerging or develop markets are trying to control their economies. There is strong debate as to how good their too
In this context does indefinitely mean that time period has not been established or does it mean perpetually . It means that under this agreement and under the Nuclear Nonproliferation treaty, iran is prohibited from pursuing a Nuclear Weapon, updating, acquiring or developing one. Ever, ever. So it really means perpetually, yes. Under the code, does iran have the right to enrich up to weapons grade uranium after the expiration of the cap . No. If they indeed move to enriching to what we would consider weapons grade that will raise a red flag to the entire international community, to the iaea. There are very few circumstances where iran needs to for Peaceful Nuclear purpose of enriching above 5 . One could argue for submarine fuel perhaps but indeed if they went to weapons grade it would raise instantaneous red flags and we would see it as a major noncompliance. Enrichment over 5 start to essentially raises red flag with the exception of submarine fuel speak with submarine fuel and may
Last quarter. And the fed wraps up a twoday meeting. Theyre widely expected to taper its monthly asset pure chases by 25 billion. Investors will look for hint on any timing of future rate hikes. A lot to digest this morning. Michelle, over to you. Lots of stock moves this morning, too, becky. Twitter shares soaring huge move after hours. Earnings and revenues beat the street and the microbloging site halted a slowdown in the user growth in the quarter. Among the catalysts, the summers world cup. And were going to talk to the analyst who covers this company in just a few minutes. But take a look at that interday chart from yesterday where you can see the after hours moving. 30 . Holy smokes. American express posting a 9 increase in profits. The companys cfo says card members spending as the economy recovered. And Dreamworks Animation posting a bigger than expected loss, revenues falling short. The Company Announced the s. E. C. Is investigating the wipe down of film inventory on turbo,
brent. and the more you put on sanctions, the more you place secondary sanctions, which will sanction anyone who touches any oil transaction through the dollar system, you are going to increase that wedge because it is going to become extremely unpleasant and odious and and a really high profile way to do business with russia and with russian oil. so, you can yes, will prices may move up. they may move down. key thing is drive down the price that putin s cronies are receiving. that s what reduces the revenue that s funding that is funding this army and these attacks. it is a discussion well worth having and many people having this discussion right now so see what happens. simon, thank you so much. appreciate your thoughts. thank you. right now, the exact whereabouts of two-time olympic basketball champion, american brittney griner remains unknown. so do her fate after russian authorities say she was detained in moscow s airport last month on drug charges. more than 25,000 p