Live Breaking News & Updates on Paolo Gentiloni|Page 1
Stay updated with breaking news from Paolo gentiloni. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
We got a boost from the bank of england a little early around. We will hear from the governor in just a moment. The cable rate, 1. 31. Keep an eye on the critical lines in the sand as we come through tomorrows session. We are starting to see yields a little bit higher here in europe today. A little bit of stabilization may be in the bond market after yesterdays big move, but a much flatter curve. Lets dive into the bank of england decision to boost its bond buying program. 150 billion, a little bit of a surprise. The market was expected 100 billion to be added to the program. Why the bigger number . That was the question i put to the governor. Gov. Bailey i think that was what we learn from our earlier experiences with covid. It is important that we act both quickly and that we act clearly in scale. That was an important consideration for us. The second thing is that we have to meet the inflation target sustainably over time. So a lot of work we did on our forecasts, employing the pers ....
President trump dismisses talk of an extension. The markets are opening right now. U. S. Futures coming in slightly higher at the open. This, of course, after the regular session felt pressure. Stocks falling for the fourth time in five days. Had the stimulus package being blocked in congress. Both sides are far apart when it comes to more stimulus measures. Leading the decline. Volatility much higher. The dollar also strengthening. Weakness in the pound. The pound picking up more than 11 , although we did see the u. K. Refusing to withdraw legislation to tear up the brexit treaty. Look at what oil is doing at the moment. Oppression, 37 a barrel under pressure, 37 a barrel. Lets see how things are shaping up for the asian markets. Futures are mixed, but we could be looking at a down day this friday in asia. Back to back weekly declines. Australia, we are watching commodity stocks. Chinas plan to boost the reserves of oil and strategic reserves. Over in japan, we are keeping an eye on n ....
This is what the markets are doing. The focus will be on the u. S. Data. The latest in the u. S. , the focus has been on what the European Central bank has done. Hero trading at 113 against the dollar. Theres a lift to the euro trading at 113 against the dollar. Theres a lift to the market. We could have the extension of these action cuts. Production cuts. Brexit not going as planned. ,f you are expecting for a deal pound is moving. Lets get straight to the bloomberg first word news with leighann gerrans. A night of largely peaceful protest has americans gathering for george floyd, the unarmed black man whose death sparked unrest. The extended security theft is across fences across the white house. The kronos reported a Record Number of deaths. The nation departing italy to become third in the world. It has become an epicenter of the virus, with over 600,000 confirmed cases. ....
the same way our leaders run our country. they yammer on endlessly g abour itmocracy, but then at the same time, they do their best to a avoid democracy s most basic requirements, like free speechel and representative government. e a few years ago, the prime minister of italy at the time, paolo gentiloni, bragged tow ye the world economic forum about his plans to, quote, bring more social justice to the country by what she meant, importing many more thousands of poorly educated economic migrants from the third world into italy. we are very open on migration, he said. we are saving lives at sea, a saving lives.oo congratulations. you re such a good person. but the question is , and it s a relevant question in a democracy, what are the people who live in italy that would be your constituents? think of that idea. well, as the prime ministert? explained, he didn t care, quot: quote, a demand for more democracy not only is wrong, it s even dangerous.llows you following thi ....