The german lenders rating cut as it struggles through another strategic overhaul. The stoxx start trading in about 30 minutes time. Matt take a look at what we see on futures, equity Index Futures are up. Yesterday we saw the cash trade closed up across the board with the exception of the ftse. Take a look at the moon to trade in the bond trade. We are trading around 48. We had gone up through 50 yesterday. You saw real jump in yields, around the world yesterday, but also here in germany. Now we are back into that range where we have been sitting. Guy . Reachedterday, equities their bid. This morning you have the yen down against the dollar, the kiwi down against the dollar, the swiss franc down against the dollar. You need to take a look at yesterday. You can see on the bbdxy. Today we are coming in and sitting at the backend of that process. We will figure out whether this is monthend listening to whether there is more to it. It is coarser but lets talk about the things we need to fo
Germany heed his advice theyve promised a fierce fight also coming up chinese president xi jinping makes his move and communist Party Delegates back his vision for the future with a she see china become a global superpower. And in sports percent over nondoing and another trophy to his collection hes been named the fun footballer of the year and get. Out of the way a warm welcome to you im on the thought she the gym in your house of parliament is overwhelmingly elected outgoing finance minister will have gone short as the new parliamentary president five hundred one of the seven hundred nine members of the newly elected bundestag voted for sure the veteran member of chancellor Angela Merkels conservative democrats is the longest serving nor makea in the country. And from one this election im joining the studio by our Political Correspondent jefferson shes welcome jefferson and at the bundestag is one of our other core of Political Correspondents traumas father thomas let me start with y
Just before noon he signed an Executive Order formally withdrawing the us from the tra ns pacific partnership. It was a Campaign Promise and a key tenet of his pledge to deglobalise, putting in his words, America First. Our diplomatic editor, mark urban, looks at what trumps first day tells us about a new direction for america. Back to work on a blowy, rainy morning for the people of this city. For the new president , after a weekend of political bluster, a day to demonstrate that the Wind Of Change you porters bluster, a day to demonstrate that the Wind Of Change supporters had voted for had hit the white house. First one is withdrawals from the of the United States from the Trans Pacific partnership. Everyone knows what that means, right . Weve been talking about this for a long time. Mr trump signed three Executive Orders today, stopping a pacific trade deal, freezing governmentjob recruitment, and halting funding for abortion education overseas. That follows an earlier order to hob