Center right now. Were starting to see more evidence of stimulation coming in. M a speculation. You are beginning to roll some of the Biggest Companies together in china. That is an effort. Yes. Exports as well. Still the best today rally in a month for the shanghai composite. You dont need shippers in the way that you once did. Maybe they need some help. This is the mna story of the morning. A story of the morning. Greases the story im really interested in. We all know what is happening with greece. Today he could see a deal. At last. We need to deal them by august 20 been that big ecb payment comes through. Another payment and another deadline. There is speculation that government will accelerate growth around state owned companies. Give us the rundown. We are seeing the shanghai composite higher. The rest of asia not looking so good. It is an interesting divergent. Quitembers were discouraging. Some market seeing some turnaround now. Japan of about 3 10 of 1 . Beenig story that has
Agree on a plan as well . Greece. Is there for lets have a look at the euro. We are basically trading flat. Expectations were 225,000 jobs to be added. 200 15,000 jobs being added to the u. S. Economy. You are seeing the dollar trade flat today. I want to show you the Market Reaction on friday when we did see that sudden spike higher when we saw that number come in ahead of 200 thousand. Lets have a look at the commodity trade. The china effect. We are seeing copper pretty much flat. Not much of a selloff. We saw moves in the aussie dollar and the kiwi. When it comes to the recourses, pretty flat. Copper, resilient, moving that little bit higher. Lets look at what is happening in turkey. We are talking about geopolitical risks, tragic bombings in istanbul. We did see a move in the turkish lira. This is currently flat at the moment. The market taking it in stride. We have not seen turkish stocks react that wildly. Oil trading lower once again. More u. S. Rigs being added. Still, the sup
Francine welcome to the pulse. I am francine lacqua. Manus i am manus cranny. Next 40 course of the minutes, we are joined by unicredit chief, it is erik nilsson in the house. Francine first, china stocks posted the biggest two day climb. Manus it rallied on news the government is considering shipping two major companies. Francine after data shows a large drop in it worse last month with the steepest decline in nearly six years. Curranef economist enda joins us. What do the figures tell us about economy . Enda curran a very soft reading. Some of chinas biggest customers. Illustrate how soft chinas economy is when you strip away the impact of the big stockmarket boom we had in the second quarter. Left with a lot of sluggish areas like manufacturing and factories and real estate sector. Car sales falling for the first time in 17 years. To one ofn on exports the big engines of growth for china. Into the second half of the year, pretty sluggish outlook right now. Manus lets talk about the
Show our deep remorse. 70 years on japans Prime Minister on the suffering inflicted during the second world war. Plus. In ramallah in the occupied west bank where its hoped this recent archeological discovery could lead to a boom in tourism. The u. S. And cuba start to hold regular meetings from next month. U. S. Embassy was officially reopened in havana on friday with a formal flag raising ceremony. The u. S. Broke off diplomatic ties in cuba in 1961. After its revolutionary leader fidel castro took the country closer to the soviet union. Despite the warming ties between the two cuban issues leaders say big issues remain. I discussed with the secretary of state that the total lifting of the embargo in our view is essential to be able to have normal relations between the countries. As well as a focus on the territory that is being usurped from our country and guantanamo and compensation from the u. S. To cuban citizens because of the human suffering that has come about over the course
We take a look at efforts to put a shine back on the city that was once known as the pearl of the orient. Hello, china and south korea have criticized the speech by japans Prime Minister marking 70 years since the end of the second world war. On friday shinzo abe expressed deep remorse, but future generations should not be obliged to apologize. Japan should have been a statement on its aggression as well as its responsibility. It said japan also should have offered a sincere apology to the countries affected and made at a clean break with its past rather than being evasive on a major issue of principle. South koreas president said japans Prime Minister should have gone further with his apology. He said the comments left much to be desired. He called on japan to match its actions. From now on the japanese government should back up their actions with consistent and sincere acts so i can gain trust. The japanese government must solve the issue of sexual slaves victim ohioed by thized. Shi