Let us quickly check on the markets. Quite a lot going on. I am looking at the stoxx 600 in europe which is gaining a touch on the backs of gains in Energy Companies and a bullish outlook from one of the sectors bellwether. Looking at the dollar. And the fed and what we will hear from powell. Therude oil including impact of the opec meeting. We need to wait a little more to see how long we will cut production. A lineup our lineup today is looking pretty good. We feature some of the top names in banking and economics including Tidjane Thiam. We speak strategy and outlook on the Global Economy. And jim oneill. He speaks u. K. And emerging markets. Later, we will also speak with John Studzinski from blackstone. Let us get straight to the bloomberg first word news. Nejra in the u. S. , the Senate Tax Bill is headed for a debate. Should it pass, Republican Leaders will have to hammer out a compromise. Two republican members of the senate what your say they may not agree to vote the measure
Stoxx 600 after a selloff in Technology Stocks. Meeting, we understand that russia and opec will extend their production cuts. Eurodollar, im looking at that, also pound. Maybe finding an agreement. With some of her possible coalition partners. Later on, we talk italian banks and risk with claudio costamagna. Interview yousive dont want to miss as well. Minouche shafik joins us in her first tv appearance since leaving the boe. I, we will talk with the socgen chairman. Lets get to the bloomberg first word news. Nejra u. S. President donald trump has nominated Marvin Goodfriend to be a governor of the Federal Reserve. A professor at Carnegie Mellon university and a former director of research at the richmond said goodfriend has served on an independent panel of economists known as the shadow open market committee. Opec and russia are ready to extend their Oil Production cuts until the end of next year to ensure global stockpiles keep falling. Viennang to delegates in , all opec members a
The dax is down some 1 . A little bit of pressure on the stoxx 600, i guess a little bit of concern over the tax overhaul. There is a little bit of pressure on miners. The bloomberg dollar index again, the dollar seems to be pretty steady. I am looking at the pound because of theresa may and there could be some kind of rebellion brewing. We will get our Political Correspondent on that. We talk economics and Monetary Policy with larry hathaway. He is the head of investment solutions. Then, we discuss as it presses we discuss asset prices. Overhaul. The tax we are also just getting some breaking news out of indias central bank. It is maintaining its neutral Monetary Policy stance. I know we will get the chart of for you and i will bring you any breaking news that we have from the rbi of india. Lets get straight to the bloomberg first word news. Nejra donald trump will formally declare jerusalem to be israels capital and direct the state department to start the process of moving the Ameri
The ashes are slipping away from england. Australia captain steve smith hits a double century, as his side takes complete control of the third test in perth. And in half an hours time, dateline london reflects on brexit talks and asks whether the election of a democrat in alabama it really is a blow to donald trump. Good morning and welcome to bbc news. A leading supporter of brexit has said the uk cannot become a colony of the eu during the expected two year transition period after britains withdrawal in march 2019. Jacob rees mogg made the comments after eu leaders yesterday agreed to move to the next phase of brexit discussions in the new year. They also suggested the uk would continue to participate of the European Court ofjustice during any transition phase. In the Single Market and remain under thejurisdiction of the European Court ofjustice during any transition phase. The date when the uk leaves the eu, march 29 2019 is now likely not to be set in law. Lets speak to our Politic
Hello and a very warm welcome to dateline london, im jane hill. This week we are reflecting on some movement, finally, in the brexit talks and ask whether the election of a democrat in alabama really is a blow to donald trump. My guests this week, the American Writer Stephanie Baker from bloomberg markets, the british political commentator Yasmin Alibhai brown, Suzanne Lynch from the irish times and Thomas Kielinger from germanys die welt to you all. Weve seen the end of the beginning it was confirmed this week that the brexit talks between britain and the eu can finally move to the second phase. What a week for britains Prime Minister theresa may losing a parliamentary vote in london, but getting a round of applause from leading eu figures in brussels. Althuogh by friday, Jean Claude Juncker and Angela Merkel were among those pointing out that phase two of the negotiations will be much harder than phase one. Talks move injanuary to discussion of the transition period. Yasmin, theresa