Capitol hill falls far short of democrat hopes. And the greatest brexit cheerleaders says its time to act decisively to pull the country out of the european union. Lets get you started with a quick check of how markets closed the wednesday session here in the u. S. It was a mixed picture across markets in the u. S. Picture, but you can see, of course, that the s p 500 rallied to another record high. We have very strong numbers out of ups with its profit guidance. Higher. Aq also closed Texas Instruments posted strong earnings. Boeing and caterpillar really weighing on the dow, which underperformed. As. Futures at the moment little bit in the red at that 3018 level. Yields were down with manufacturing pmi barely avoiding contraction territory. Lets see how things are shaping up for asia. Sophie geopolitical risks into the fray once more after north korea launched two projectiles this morning. We will see if japan will strip its neighbor of its preferred status. Nissan earnings as the ca
Testifiesller finally but his longawaited appearance falls somewhat short of democrat hopes. Shery we have breaking south korea gdp numbers for the Second Quarter. The preliminary numbers year on year are seeing growth of 2. 1 , which is better than the expected 1. 9 growth. It is also an acceleration from 1. 7 in the First Quarter. Quarter on quarter, those numbers also avoiding a technical recession after contracting 0. 4 in the First Quarter. We are now seeing quarter on quarter growth of 1. 1 , which is better than expected. It seems that we have seen more Government Spending and south korea. The contraction that we saw in deceleration in the First Quarter came from local governments not spending as much. Now we have Government Spending kicking and again. Also consumption being relatively resilient despite the fact we have been getting contracting freddie lacks exports contracting the last seven months. This has been a difficult environment for south korea. Investments have been fa
Nasdaq up by 33. However the new york fed, bullard as you mentioned and others are pushing back on this idea that a bigger cut will be coming the new york fed itself putting out headlines saying that speech was not about potential policy actions at the upcoming fomc meeting, this was based on Academic Research done by John Williams i dont ever recall hearing the fed walking back what somebody was out there saying a lot of fed president s have spoken to us over the last 10, 12 years at this point pushing become a bit on that. Lets look at what happened overnight in asia. You will see the nikkei was up by 2 . Big swing back for it. Hang seng was up by 1 the shanghai up by 0. 8 . Again, the nikkei reversing course after the weakness we had seen the day before. European equities this morning, you will be seeing green arrows there. The dax is up by 0. 3 . The cac and ftse up by 0. 2 . Italy and spain weaker italy down by 0. 9 look at the treasury market. Right now on this friday were headin
The region. This is 50 minutes. Order. s questions to the Prime Minister. Sang him debonair. Here here. Question number one mr. Speaker. Prime minister. Thank you mr. Speaker. I am sure and i vote the whole house will want to join me in wishing the England Football Team against norway. Mark Armed Forces Reserve day and saturday, this is an opportunity for us all to pay tribute to servicemen and women here and around the world and for those who have served in previous generations. Mr. Speaker, this morning i have so meetings with ministerial colleagues and others with the chance to travel to japan for the g 20 Leaders Summit that with the threat of Climate Change putting future generations at risk, propaganda continuing to spread online and driving tensions in the gulf. This is an opportunity to address global challenges affecting all of our nations. As the thousands of people demonstrating outside will tell you, tackling Climate Change makes the world safer, more beautiful and sustaina
In australia, join the queue theres a trafficjam of tourists doing it, before climbing is banned altogether. The uk says iran tried to intercept a British Oil Tanker in the gulf of oman and that the royal navy had to repel several iranian boats. This is the tanker, the british heritage. The uk says it was moving through the strait of hormuz when it was approached. This is the route the british tanker took. The allegation is that iranian boats tried to force it into iranian waters to the north. Iran denies that this happened. These are the type of boats the british say were used theyre armed speed boats that irans revolutionary guard uses to patrol the strait. This footage is from an exercise last year. The uk says it was this ship, a frigate called the hms montrose, that was shadowing the british tanker, and that came to its defence. Were told it trained its guns on the iranian boats and ordered them to withdraw. The mod said they did so and no shots were fired. Iran says it didnt happ