Donald trump and a loss for Hillary Clinton because the brits voted on the same issues that we vote on here in november and they voted for trumps point of view. The financial reaction and here is where the drama comes in. Dow jones industrial average, the futures suggest a 500 point loss. The price of oil this morning is down about 4 . Roughly 47 per barrel. 5 right there. The price of gold, now, here we have the flight to safety. It is way up. 70 higher. And what, 1333 per ounce and gold mining stocks as a group, they will be perhaps one of the biggest winners of the lot. And thats got the 10year treasury, thats a key number. 1. 54 . And our regular viewers may remember that at this time yesterday, 24 hours ago precisely, that number was 1. 74 . You rarely see a drop of that kind in a key Interest Rate just like that. You rarely see it. Now, the big american banks, they are going to be the biggest losers, look at j. P. Morg morgan, and the sector thats getting slammed, british stocks,
Their decision as they accuse the lender of not cooperating in their probe. Our position is always to cooperate. We have robustly responded to the allegations made against us and thats going through the courts. This is the next phase of that. Egyptian stocks hit new highs as they benefit from Lower Oil Prices. In the next hour he explains how the world views his country four years on from the arab spring. Civilized which is influential to its other neighbors. This is the new egypt. Indian stocks hit a fresh record high amid on going hopes for Prime Minister modhis reforms. And coming up we speak to the finance minister of india live from davos. Well a warm welcome again to Worldwide Exchange from a very chilly davos this morning. Lets get straight o our top story. Theyre set to announce a plan to buy 50 billion euros a month when it meets later today. The report sent shares in europe and the u. S. Higher. According to the newspaper the Central Bank Bond buying will last for at least a
City will be the candidate to host the 2024 Olympic Games. The president of the Olympic Federation made the muchanticipated announcement. Hamburg beat challenge from berlin but it will now need to stage a local referendum to shore up support. The new german candidate will now face stiff International Competition to host the games. The winner will be announced by the International Olympic committee in 2017. Are Sports Correspondent jefferson chase, has been following this decision. Hamburg has finally beat berlin to at least be a candidate to host the Olympic Games in 2024. What give them the edge . Well, at the press conference they talked a lot about how they wanted to build up hamburg as a new Sports Center in northern germany and europe. But everyone knows that the real deciding factor was the enthusiasm of the people. The head of the german Olympic Committee used a phrase twice that means they were passionate about it. They really wanted it and that is what we think tipped the scal
Tells us the u. K. Is ripe for reforms in eu leadership but there is no reason for a breakfast. The u. S. Fed gives failing marks to Deutsche Bank for their capital holdings. We bring you the latest on the second round of bank health checks. The country joins the global wave of monetary easing and lowers key Interest Rates to an alltime home low. We tell you what it means for the market. Mark get hopes of pulling the economy out of the brink. We will bring you the details on the loan program. Hello and welcome. Anna i am anna edwards. Greece is running short of cash and time. We will tell you who is bringing in the billions with the Greek Economy on the brink. Mark this video shows flashing lights. We have reports that two officers have been shot in ferguson, missouri according to a local news station. We will bring you updates on that story throughout the morning. Three days of sovereign bond buying from the European Central bank in bond deals in the eurozone continue to make fresh al
For misconduct while the Retail Banking arm disappoints. Oil stocks cling on to the green. Surprising analysts with some positive earnings. Welcome to the show. We have been getting unemployment data. We just got the number out of italy. The march Unemployment Rate rising to 13. 0 from 12. 7 in the month of february. At least march youth unemployment which has been a big concern for investors rising to 43. 1 . To give you context on italys labor market the seasonally adjusted Unemployment Rate rose to 12. 7 in the month of february up from 12. 6 in january. As i said youth unemployment has been particularly a challenge for the country of italy measuring job seekers between 15 and 24 years. Also increased to 22. 6 in the month of february. This is a set back to the labor market reforms which aim to make it easier for countries to hire and fire employees. You can see the euro dollar which has been moving to the upside over the past couple of days. Right now at session highs at 112. The a