Pricing a 40 chance of a cut. Will draghi he forced to move . Boris and the brexiteers. The u. K. Prime minister packs the cabinet with loyalists. With earnings season heating up, we talk to the ceos of unileve r, roche, astrazeneca and anglo american, all within the next hour. A busy morning. Matt very busy. Less than half an hour from the european open. As we waitat bunds for the ecb decision. Yesterday, down to a record low for the german 10year debt yield, at one point 40 basis points. Right now we are at 38. I believe the mliv question of the day is, how low can they go . We will talk about that today. How high can stocks go . Futures continue to rise across europe today. We have had a pretty decent run now. Cac futuresup 0. 5 , gaining 0. 9 and ftse futures bringing up the rear, only up 0. 3 . Maria roche raised its sales. Rowth view twosales company cites its treatments as main drivers. The company ceo said to investors that hes excited for the approval of new cancer treatments.
their vote either in person or by mail. we have fox team coverage. brian and rich are in pennsylvania. alexis mcadams following the governor s race and aisha and georgia. brian is live in bethlehem, pennsylvania. northampton county pennsylvania. the side of doctor s last big rallies before election night. you can hear the crowded music here. it is raucous. northampton county, the last time there were contestants setting gubernatorial elections, in 2010 and 2018, northampton county predicted the winner by three percentage points. earlier today, oz held a roundtable election with susan collins of maine. they are talking about bipartisanship and bringing balance to washington. it has been oz is closing message to suburban swing voters. listen. john federman has said i will not work with joe mansion. he has also said i will be the 51st vote for chuck schumer. that is not what we need to solve problems. john federman takes the extreme position over and over again. economic i
With a radar system in waters around japan. A similar order was issued last month. North korea test fired whats believed to be a new type of intermediate range missile known as the musudan but the test failed. Yoshihide suga discussed the matter at a regular news conference. Translator the japanese government must always protect citizens lives, assets and livelihoods. We have instructed the selfdefense forces to take necessary measures. Suga says japan is working with the u. S. And south korea to demand north korea refrain from any provocative actions. South Koreas Foreign Ministry also commented on the issue. Translator if north korea launches another missile it means that pyongyang will ignore continued warnings from the International Community and will violate resolutions again. He also says his government is closely monitoring north koreas actions focusing on any preparations for another launch. The president of Tokyo Electric Power company admitted to a coverup during the early da
That is half a percent difference with the strong reading of the manufacturing base. Reaction tot is a pmi. The crucial figure to figure out is data. [indiscernible] china above the gain line. Hong kong above the gamelan. And look at australia. Those thanks to the pmi. Data from china has been high on the agenda for our guests this morning. The economy is generally in good health. Fairly broadbased improvement. There was a rebound in output. We saw a continued expansion in export orders and an acceleration in new orders in general. Since the economy it seems the economy has turned the corner. There will be questions over the sustainability and the general strength of the recovery. Richard gibb is mccourys head of economics. He is less optimistic. We are not impressed really by the many stimulus and the very targeted [indiscernible] we think it will need to be broad base. And more concerned about chinas sluggish receptor. Property sector. A very interesting point is we are entering an i
Have seen so far this year. The countrys biggest corporations are seeing opportunities in all of this. What is going on . Theyre buying back shares, rish. Index, for example, though worst performer this year. It comes amid a rising stock market globally. The index at unprecedented highs. Decay to 25 down by five and a half percent. The weaker yen is also having an impact. This year, not as much. What we are seeing is the major japanese corporates. Toyota and mitsubishi corp. Buying back 25 billion worth of shares. What it has done is led to an increase in terms of investor perceptions, foreign investors, and at the market declines. Share buoyed their prices. We have a 5 decline for the nikkei, but some of the stocks are up more than 5 on the year, a very interesting move, indeed. Buybacks do boost the appeal of these japanese companies, i guess, for investors. Why . Return equity is what i am talking about. Additionally, that metric has lagged in japan. They havent had a strong r oe co