To see a two year yield come in and a 10 year bond coming in with a vengeance. Coming in is that signal slowdown, massive curve flattening. Jonathan 10year yield breaking down. We are down eight points on the s p 500. Lisa, phase one was about access to capital and drawing down credit lines. Phase two is about the permanent decisions, cuts and layoffs. That is what has been building this week. Lisa we have seen those cuts and layoffs likely to be ongoing with a number of cfos studies pointing at Bigger Companies looking to shrink their workforce further through the end of the year. The thing im watching is how much can we plug the gap, the deficit of production with regards to fiscal stimulus . As we wait for that, we will be waiting for the data coming out today. We get the u. S. June Producer Price index, measure of inflation. 1 00 p. M. , this will be interesting in light of the fact that you seek shale producers bringing rigs back online due to higher oil prices. Later today, Presi
A standstill but millions intended to play tom plex persecution and discrimination will be speaking with the u. N. High commissioner for refugees. Im sorry kelly welcome to the Program Leaders have wrapped up a Video Conference on a Financial Plan to help the bloc emerge intact from the worst economic crisis in its history the Virtual Summit was the 1st step in what are expected to be difficult negotiations on a 750000000000 euro carona Recovery Fund the leaders will meet face to face next month for the 1st time since february heres what german chancellor Angela Merkel had to say after todays meeting. You dont have to be doing this are to each of us spoke about the positive aspects to that also brought up the critters. Somewhere appropriate or not there are still big bridges that need to be build thats clear but it was a very constructive discussion and lets bring in Richard Walker who has been following this story for us from brussels so she said a bear very constructive can discussio
Take a look, winning week better than 1 . Nasdaq turning positive for the year with gain on the session yesterday of 125 points, the dow industrials up 211 almost 1 and the s p yesterday 32 at 4 00 oclock on wall street. On the trade front top u. S. And china negotiators holding a call agreeing to implement phase 1 of the trade deal as and bombshell on Michael Flynn case. Justice department dropping the case against National Former adviser Michael Flynn after serious memo raised questions about the investigationment we have all the details. Boeing ceo David Calhoun, special guest live at 7 00 a. M. Eastern and look at Airline Industry and the latest of the still grounded 737 max fleet, mornings with maria is live right now. Global markets look like this. Take a look. Easing of trade tensions to the United States and china where the two sides agree to finish out the phase 1 deal, cac quarante 36, dax index up 88. German experts down nearly exports down nearly 12 on record. Best performe
As Fallon Sherrock becomes the first woman to beat a man at the pdc World Championship at ally pally. Why dennis the Shetland Pony is in the front line in the battle against loneliness this christmas. Good morning. We have some dense fog and icy patches to watch out for this morning. Generally speaking, eastern areas will be drier and brighter in the west, it will be wet and increasingly windy stop i will have more details in 15 minutes. Its wednesday 18 december. Hundreds of thousands of people are facing a wait of months to have their faulty and potentially dangerous washing machines replaced. Whirlpool recalled 500,000 appliances yesterday because of a fire risk, but customers are struggling to get information because of problems with its website. The company was already dealing with problems with its dryers as dan johnson reports. More than half a million of these washers are at risk of sparking a fire if a part in the door lock overheats. It has happened to 79 machines already. Th
Is the best country in the world to be black because it is a country that sees people not labels and cheaper food shopping for the first time in two years, theres been a monthly drop in food prices. Will this trend continue . Will this trend continue . Were going to get the thoughts of minister of state for of the minister of state for food this morning here at the tory. Tory. Conference your first tory conference. It is it is. Were going to be talking in a moment as well to a woman here who has a stand. Shes a baker and she met rishi sunak this morning. She gave him his favourite cake. Were going to chatting her in just a to be chatting to her in just a moment. Your thoughts moment. Email us your thoughts as well. This morning. Vaiews gbnews. Com. But first, heres with heres the news with Erin Armstrong. Armstrong. Good morning. Its 931. Im good morning. Its 931. Im Erin Armstrong in the gb newsroom. Businesses are demanding immediate clarity as confusion continues over the future of