They beat burnley 4 1 in the premier league last night to close the gap on leaders liverpool to eight points. And well try to solve the mystery of the secret santa delighting residents of a leicestershire village by leaving presents in random locations. And no surprises weather wise today, rain back at times, drier for england and wales, ill have the full details coming up. Its wednesday the fourth of december. Our top story the Prime Minister borisjohnson will urge the leaders of the 29 nato states to show a one for all and all for one unity as they begin a summit in hertfordshire today. The meeting marks natos 70th anniversary, but it comes amid tensions about the future of the alliance. Our Diplomatic Correspondent James Landale reports. Not every military alliance gets to celebrate its 70th birthday with the queen at Buckingham Palace, but nato leaders past and present have been keeping her realm safe since just before she ascended the throne. Behind last nights smiles, though, the
Dot a big show joining the conversation pain Capitol Management is with us and Mitch Rochelle in editorial page ed tore James Freeman great to see everybody this morning. Thank you so much for joining souse so we have a market following bouncing ball of china President Trump, of course, addressed the Economic Club yesterday a event that i attended futures are down this morning but president was talking about china trade negotiations talking about Strong Economy heres a bit of that. Unploim is recently achieved lowest rate in 51 year. Africanamerican unemployment hispanic and Asian American unemployment have all reached lowest rates in history. Nearly 7 Million People have been lifted off very importantly food stamps, 7 Million People off food stamps. Since my election the s p 500 is up over 45 president obama the dow jones is up over 50 . And the nasdaq is up 60 . Their supply chains are cracking very badly. And they are dying to make the deal. Were ones that are deciding whether or no
Bloomberg. You mentioned housing and todays gdp data when you look at that, do you believe that you have achieved a soft landing or are achieving a soft landing in the sense that removing to trend growth the rest of the year and next year that is our outlook overall, is for moderate growth of around 2 , pretty close to trend. Thats our outlook could be better. Could be worse you know, you never say youve achieved it. But thats our outlook we feel like our current stance of policy is appropriate as long as that remains broadly our outloo outlook. Donna borak with cnn. Chair powell, setting aside expectations for todays rate cut, obviously 97 sort of expected this would happen today, can you tell us more about the rationale behind moving at this particular meeting as opposed to waiting six weeks and cutting in december and if there was any discussion about that around the table . Thanks. Yeah. I think this seems to be the right movement you can see we had our usual range of prospects, ra
Oil prices end disproportionate weighting with the dow, components like exxon, chevron mobile dominating the scene. Lets go to Edward Lawrence with the latest from the white house on the trade front. Edward what are we hearing . It is fish. U. S. Trade Representatives Office filed to increase tariffs on last 300 billion of chinese imports from 10 to 15 . It will go into effect in two faces. First phase of 15 happens this sunday. You see items on the screen will be affected. The second batch goes on september 15th. Chinese reinstituted 25 tariffs on u. S. Cars sold in china. Increasing tariffs on 75 billion worth of u. S. Imports. Were expecting a phone call between the two trade teams. It has not happened yet. Vice president chief of staff says the pressure will put the u. S. In a position where china will make a deal. There is a lot of pressure on china for them to reach a deal, and to actually hold, the commitments of that deal. Which is something we havent seen in the past. No, i wo
Strength of the ways negotiations and the data reported on friday. That there is the expectation it will be hiking the key rate, the exit away from negative policy settings. What does it mean for purchase of etfs, that will be another question out of that session or out of that meeting, but here is the outlook we have in the session so far today. Japanese yen holding steady, but still weak around the 149 marker , and equities, you are continuing to see this place higher even though the definition boj has been something that has propelled japanese stocks. There are a lot in the market saying there are plenty of other factors and that is why investors were continue pilot into the market. Nikkei225 just one fraction under the 39,000 mark. Number economics, one of the economist highlighting perhaps the boj is not ready to like can they want to see more data to affirm their belief that we are starting to see strength in the japanese economy. Lets take a quick look at how korea is starting t