All happening coach of british. Tour linked to news from africa and the world. Your link to it simpson stories and discussions here one will come to do such a Clean Program tonight from born in germany from the news of easy to our website d w to construct a free copy join us on facebook d w africa. The inflation rate in nigeria yes a one year low the cost of food remains high in africas Biggest Oil Producing Country we talk to all correspondents there to find out why. Also coming up the waiting for power in kenya fishing villages on the lake to a comma still waits to be electrified just. Woke up to do business africa want to get and well and good to have you with us i was starting with a fresh data from nigeria where the annual inflation rate is slowing in july it edged down to just above 11 percent now thats the lowest since july 28th but considering that nigeria is africas Biggest Oil Producer people still have to carve out a lot of money to get food on the table. Nigerian farmers ca
Im not going to think out of the gym well i guess sometimes i am but i stand up and whimper that german thinks deep into the german culture of looking at stereotypes a question in here thinks hes a country that i dont. Need it seems ridiculous drama there to me its all that a new im rachel join me to meet the germans on the w. Post. The inflation rate in nigeria yes a one year old know the cost of food remains high in africas Biggest Oil Producing Country we talk to all correspondents there to find out why. Also coming up waiting for power in kenya fishing villages on the lakes to a comma still waits. To be electrified. Welcome to your business africa Monica Johnson well and good to have you with us i was starting with fresh data from nigeria where the annual inflation rate is slowing in july it edged down to just above 11 percent now thats the lowest since july 28th but considering that nigeria is africas Biggest Oil Producer people still have to carve out a lot of money to get food o
Well, good thursday morning and welcome to squawk alley. Im Morgan Brennan with david faber and mike santoli, live from post 9 here on the floor of the new york stock exchange. Carl and jon are both off this morning. Stocks are staging a recovery today. S p coming off its largest comeback since december of last year on pace for its Third Straight day in the green, but is todays rally sustainable or is more volatility ahead . Key question for investors joining us now is Wells Fargo Asset Management multiasset strategist, brian jacobson, and invesco, vice chair of investments, krishna mumani. Krishna, ill start with you what do you think . More volatility ahead . I think volatility is to be expected in a stock market thats dealing with lots of issues but at the end of the day, the real question is, where do we go from here . And as the economy stabilizes in the second half and trade issues dont get exacerbated further, the markets are probably going higher rather than meaningfully lower.
Data check for you. Stoxx 600 pretty flat this hour. Fourth of july low volumes waiting for payroll data from tomorrow. Outperforming. Yields areyear certainly worth talking about. Yields have dropped below the 0. 4 level, below the ecbs deposit rate. Weve got gold still acting as a haven above 1400. The dollar index not moving all that much. President trump doesnt like the strength of the dollar. We will talk about that. Wti not reacting positively to the production cuts extended by opec. Lets take a big picture look at what is going on in these markets now. The u. S. Stock market closed for trading for the july 4 holiday. In europe, equities continue little changed while investors search for direction and await u. S. Jobs data. We are joined now by paul markham. Very good morning afternoon, in fact, here in london. Valentin, lets come to you first. It does feel like risk off is back on. Currencies are outperforming low yield ors. It remains to be seen whether that positive feeling wi
Shery Narendra Modi under pressure to make good on his promises in fridays budget. Happy july 4. U. S. Stock and bond markets closed on the Independence Day holiday. Lets see how things are shaping up for the asian market. Sophie tgif here in asia and happy fourth to our american friends. Here in wellington, kiwi stocks opening higher by. 1 . We could be looking at a muted start. Samsung earnings day, and we could be looking to extend gains after being boosted by. Emiconductor suppliers in tokyo, we could see potential at thes for the nikkei end of a choppy week. Tvs is the latest to downgrade japanese equities. Paul thanks very much. Lets get to first word news now with selina wang. Na brexit cheerleader Boris Johnson has told the conservative Party Campaign split forat the brussels is key. He warned failure to deliver brexit could split the nation apart. A poll said tory members would choose brexit even if it meant breaking up the united kingdom. British marines have seized and Irani