Well with the stoxx 600 up 2 10 of 1 . One of the outperform is is up and the cac is also positive. It is a racing some of those gains now. Lets get to the main story the Standard Chartered bank head of global fx research. Quarter gdpsecond growth doesnt sound like a massive slowdown but there are some warnings here, what should we make from this . Olds long as there is china just chinese growth over 6 , they are doing fine. They hit Market Expectations with aq2 number and we have not experienced the full brunt of the last rounds of tariffs which will be felt inq3 for the monthly numbers surprised to the upside and thats in the hope that maybe things are beginning to stabilize there. Its like a 14 trillion economy and its carefully managed and this is a managed slowdown. Should investors take flight at all . Investors have to be cognizant, every set of policymakers whether emerging or develop markets are trying to control their economies. There is strong debate as to how good their too
Face charges. The brooklyn District Attorney says the shooter acted in selfdefense after being attacked by another passenger who police say started the brawl. The case is raising new concerns about Violent Crime in the big apple and how it is prosecuted. Welcome to a brandnew hour of fox news like i am arthel neville. Hi im eric shawn. About to show you the video of this incident thats got a lot of publicity. I went to hornets Graphic Police say the whole thing started when a man started a fight pulled out a gun after being stabbed by a woman on that train. The other passengers wrestled the gun away from the man and fired at least four shots. The man who was shot by his own weapon is still in Critical Condition in the hospital. The shooter was a mutely arrested then released after prosecutors declined to file charges citing selfdefense. The cases been compared to the incident last year involving Daniel Penney the ex marine use a chokehold to restrain a man who is verbally threatening s
Helped ease overall price rises in many countries, but there are concerns that a jump in crude could once again stoke inflation. So, governments are seeking alternatives, while still trying to balance the short term need for oil. Those alternatives could also help tackle Climate Change and keep global temperature rises to 1. 5 degrees above pre industrial levels. Just last week, the International Energy agency renewed its assertion that no new gas and oil projects were needed if the world was to meet that goal. Opecs Secretary General told my colleague, sally bundock, that the group doesnt agree. We have always, at opec, talked about the concern we have for future under investments, as some have called for stopping investment in oil. We believe this is equally dangerous. This will lead to volatility in the future, possibly supply shortages. And therefore, we at opec have always advocated for the importance of continuing to invest in the oil industry, as we also invest in decarbonising
created by his administration. biden has been seeking to reassure apec nations about america s commitment to the region, despite beijing s efforts to expand its influence there. for more on this, we re joined live by our asia business correspondent, nick marsh. good to see you. what details do we have on what biden said? president biden basically said that the indo pacific economic framework isn t dead, but he didn t really offer much more than that and i think if you re being charitable, or harsh, i do know how you would categorise it, you would pretty much say he is putting a brave face on things, because no agreement has been reached, the latest stumbling blocks apparently were over trying to secure workers rights, environmental protections, and i think that really goes to the heart of the problems at this apec forum because for all of the progress we ve seen on the diplomatic front in the us china relationship for example, the mood music there has been undeniably positiv
towards 500 as multiple cases of the infection are confirmed from japan to singapore. but asian equities continue to push ahead after u.s. stocks hit another record high. a tough year ahead. siemens sees sharp declines in declines in its energy business. they prepare for a shareholder meeting and a contract with an austrian coalminer. bnp paribas keeps pace with wall a 63% jump ing fixed income trading revenue. the cfo gave us his line on the impact of ecb tearing tiering. the impact is compensating for the effect of lower rates. there was also a negative impact. however, the other, earlier impacts from the summer did not have as much of an impact. matt: one hour away from the start of cash equity trading. let s take a look at what futures are showing us after the record high in new york rolled through asia. it is not doing much for europe. ftse, and capx, futures down cac futures down. you can see u.s. futures also showing some losses. .2%, asfutures are down are nasda