Surveillance. I am mark barton in london. Just getting some data crossing the bloomberg terminal. German Business Confidence just crossing now. Thectation is up on previous month, up from 104. 5 to 106. 1. The actual Business Climate and improvement from 109. 5 to 110. 5. The Current Assessment is also up. So Business Confidence in the euro regions biggest economy is increasing. Have a look at what is happening to assets today. We have had two days of finishing little changed for the stoxx europe 600, up by 0. 3 . A host of Companies Reporting earnings. The longest losing stretch since may. Diversions between the euro area and the u. S. The 10 year yield is down a basis point today in germany. There is the offshore yuan. Chinese policymakers signaling they are willing to allow greater currency flexibility assets in then dollar. The german 10 year yield which i alluded to in european banks stocks Something Special happened. European bank stocks erased all their losses from the brexit vo
Widely forecast by 28 out of 29 analysts by bloomberg policy makers back in september scrapping plans for further rate cuts amid signs the nation was withstanding the slump in oil prices and inflation remaining above target. 2. 9 sweden earlier keeping rates unchanged leaving the door open for further stimulus in 2017. That is the big headline. Norway central bank maintaining the key rate. Lets look at whats happening across the assets. The stocks were earlier. It suffered earlier. Down. Worst stretch from september well over a month. Ahead of the allimportant g. D. P. Data in roughly 29 minutes time. It bottomed at 120, 123. Thast the lowest since may 1985. The tenyear yield is little change. Yesterday it rose to the highest since june 23. Up from 51 bases points on august 8. The lowest boosting expectations and moving to expectations of inflation. What a good time to look at the breakeven. The almost highest level in three years. Risen 2. 3 prereferendum. This is one of my favorite c
Im sure that will have some impact on euro. We may have to watch euro and mexican peso next week. Police in turkey have extended their crackdown. They had rounded up a number of kurdish lawmakers in latenight raids. President erdogan is consolidating power. In south korea, embattled president will cooperate with prosecutors investigating and influence peddling scandal. Confidence is at a record low. He has admitted to sharing government documents with a close friend. That friend has been arrested. Iraqi special forces have resumed their push into the city of mosul. They have launched attacks on urban areas of the city held by the islamic state. They are being backed by a usled coalition. The race for the white house enters its final weekend. Hillary clinton holds its holds a narrow lead over donald trump. Polls out there is a show clinton is either type or trailing in some battleground states. Clinton held a rally in New Hampshire on sunday. She is being forced to spend more money on a
Of you. Francine this was the curtains will change at the white house. Bloomberg news. We have plenty. Taylor several thousand people smashed windows and damaged cars on the second night of demonstrations. There were protests in a number of other cities, including new york and chicago. Donald trump called them rational protesters incited by the media. He said they are very unfair. Donald trump selection means talks for the tpp will be put on hold. The trade commissioner spoke to reporters in brussels. President , wew dont really know what will happen. We have strong reason to believe biggestll be not the irony for the u. S. Administration. Taylor this would eliminate tariffs and increase regulatory cooperation. Russias cautioning against excessive optimism. Up president disagreements will continue after donald trump takes office. He said relations are at the lowest point in decades. Taliban militants launched an attack on a german consulate in afghanistan. They killed six people before
Okay, now you have seen an exceptionally good view of the burglar, the suspected burglar the police are looking for. If you have any information get in touch with phoenix police. Reporting live, steve krafft, fox 10 news. Thank you. Arizona Unemployment Rate take as dip in october falling to 5. 2 . Down from 5. 5 . 10 of the 11 economic sectors added jobs led by an 8,000 job increase in the professional and business s target is announcing plans to open a new store near 16th street in camelback in phoenix. Its taking the place of the Sports Authority that is now closed. The 50,000squarefoot store will be the first flexible formate as they are calling it. In arizona. These kinds of stores are the needs of customers in urban areas. Set to open next july. A gold star mom who lost her son in the war in iraq has spent in their families. But today she was a recipient of some generosity thanks to an amazing patriot right here in scottsdale. Steve wineburg wanted to help our veterans in some wa