Page 10 - Mark Barton News Today

The Italian Economy grew by. 2 . The estimate was. 3 . France is stagnating and germany missed. Francine has had a little bit of an impact on euro dollar. Breaking news from greece. The government there is to request a confidence vote after talks concluded with the countrys creditors. Anchor it will follow a pame. To the e. C. B. Lets get straight to mark barton at the breaking news desk. This is a series of events that we thought might happen. Who brought this confidence vote forward . Mark yes...

Asian currencies definitely under pressure. Chinas move last week really shocked the market. I think it continues to tell the story. Saw. This big move we this is the move we are seeing here now. It is highlighting the extent of the move we are seeing it electrically show you. Month. Over the last you could see this they move for the u. S. Dollar. The asian currencies really focus right now. Caroline we did an interview with morgan stanley. Now there are 10 currencies. How much will we see . Hav...

We see the pboc once again holding steady, keeping that yuan at a steady level. Yuanconomists saying, the can rise, it can fall, and we will combat both moves should we need to. The dax up 0. 5 . Big vote on wednesday. Angela merkel trying to rearrange her schedule to get this vote through, talking potential debt relief for greece. Trying to woo the imf to get on board with the third bailout being offered to greece. That third payment comes on august 20. We are higher across the board looking at...

In london. Manus first thing this morning, the german chancellor Angela Merkel says she is confident the International Monetary fund will contribute to greeces third bailout. Francine on wednesday, the German Parliament will vote on a rescue package. Manus speaking for the First Time Since euro area ministers backed the 86 billion bailout, Angela Merkel said she would consider debt relief to make it happen. Ms. Merkel with regard to the extension of maturities, we have room for maneuver. Just li...

The last three months. We see volumes about a third lower than usual, so take it as you will. Past a 200 Day Moving Average . Will we see the selloff, particularly in the auto sector, the export sector . Bmw is saying that it has been hit by the terrible explosion we saw in china. . Italy is opening up 3 10 of a percent lower. There is a risk of the selloff even as we get toward that deal with greece. The finance minister of germany is saying they will back the greek deal, but its not giving muc...

Good day to you. Chinas stocks have slumped from the highest level in three weeks. The benchmark index sank6 following concerns that the government will pare back efforts to prop up the equity market. After a drop in Interest Rates and removal of property restrictions. Economics chief asia correspondent is in hong kong. Mini rout . Ket is this the rerun of a big run . Enda it is early days to tell whether we are going for another. Its certainly a correction. It has come about because we had some...

We suddenly saw the shanghai composite end in the green amid speculation about whether or not we would see more stimulus to come. Monetary policy quickly kicked in. Will bewhat juliette talking about in a moment but in europe are still concerned about the commodity index. Bloomberg tracks as the lowest since 2002. The selloff is continuing. Look out for those Big Oil Majors today, and glencore after they came out with their numbers. The dax is now opening 9 10 of a percent down. Stop buyingtime ...

Need to thinkthey about, they definitely represented those in the minutes. Market moved on the back of it. I want to show you where we think on certain metrics the implied probability of a september hike is. We think it has been discredited. Of doing a number ways it. Down to 38 , this is the chart. Let me get the camera to pan down a bit. Off of the sort of move the september increase, as the market has pride back out. Last night, they were off the hooks looking at what is happening here. Edgin...

The trigger on the economy at home but if youre looking at inflation that is where the concern is and those inflation was have piled on since the july meeting. Continuingd a spiraling lower and oil prices and that will eventually push back a fed rate rise. Only about one third think that a rate hike will happen in september. It used to be a 5050. Beforenny isnt it when we thought the stimulus would end in the u. S. The market would selloff. Now a delay in the rate rise and the market still sells...

Next, and you also have the Federal Reserve hike, people worrying about that. Greece that snap election is being called by Alexis Tsipras. Will that cause more instability . Equities we are on the track for the worst week since 2015 in global stocks. We are in correction territory. You were looking at your screens now at manufacturing, falling to 48. 6. This is worse than expected french manufacturing is not recovering. German data is coming out later. But that french number is not looking good....