Look at the start of the trading day and we will take a look at wall street. Also in the programme, many of us believe we have an idea for a hit novel inside us. Well well meet the man who could help you realise your dream with an algorithm that he says will help spot the next publishing sensation. And as facebook launches a messenger app for children under the age of 13, we want to know how young is too young for social media 7 let us know. Just use the hashtag bbcbizlive. Hello and welcome to business live. Talks between the eu and the uk were derailed in the last 2a hours, just as it looked like a deal might finally be on the table. The negotiations came to a halt after the dup, the Political Party in Northern Ireland who are propping up the conservative government, rejected a proposal to avoid a hard border between Northern Ireland and the republic. The dup objected to a clause in a Draft Agreement with the eu that would guarantee regulatory alignment between Northern Ireland and t
Manus europe rallied. You are welcome. It is surveillance and i am manus cranny. Rallied. Ment, europe where up on the stoxx 600. It was text and telecoms that to the heavy lifting, nothing compared to your performance in asia. Record highs in asia. You are looking at levels that you havent seen since the 1990s in japan. Technology up 50 in asia. Europe, you are seeing this growth story. It is absolutely intact. The next question are you, European Equity markets, can you sustain the growth gains that we have had the euro at around 120 . Could the euro valuation unseat the story we see here . Week,llar index, what a what a year. This is the first yearly loss since 2012 for the dollar. You are seeing another push low. You get a 3 growth rate, you get a tax reform deal, you get three hikes from the Federal Reserve and still the dollar is lower. 2 lower from here at end of 2018. The most bearish view is the dollar will be down by another 5. 5 , not everybody is so pessimistic. On the upsid
With the u. K. Persists. The euro is just earning slightly lower but was rising for the first day in three earlier here in earlier. A big decline in the euro this week against the dollar, falling the biggest amount since october, down 1. 5 . Before this week, the euro out for seven consecutive weeks against the dollar, the longest winning streak since 2004. Mixtures in the bond market with core yields falling and peripheral yields rising. The greek fiveyear up 39 basis points. The commodities space is being hammered, natural gas is the only commodity on the bloomberg Commodity Index that is rising. Gmm is the wonderful function. Want to tell you about stocks a monday drops, amundi drops that rises the chief executive say the recent collect dust correction in Global Equities is not such that it would significantly affect our different distribution channels. It will be fascinating to hear what other men in Money Managers and banks have to say about this recent correction in coming weeks
By Prince Philip 53 years to the day after she opened the neighbouring forth road bridge. We are going straight to the United Nations Security Council meeting to hear from the russian representative. Translation we cannot but regret the fact that the dprk leadership through its action to undermine the global nonproliferation regime is posing a grave threat to peace and stability on the Korean Peninsula and ata stability on the Korean Peninsula and at a global level. The shoot of such a policy is fraught with serious repercussions for the dprk itself will stop at the same time, itself will stop at the same time, it is evident to us that military solutions cannot settle the issues plaguing the north Korean Peninsula. Given the unfolding situation there is an urgent need to maintain a cool head and refrain from any action which can further escalate tensions. We reaffirmed the need for a comprehensive and full compliance by all stakeholders with the relevant Security Council statements and
We getting breaking data out of the eurozone. It will close the final figure for august, 54. 7, narrowly below the earlier estimates and still way above the 50 level that separates expansion from contraction. The figure is 55. 7, narrowly down from the earlier estimates of 55. 8. Below thelightly earlier estimates, but still showing strong growth. Big ecbpproaching the meeting on thursday, as if you did not know. Lets look at european equities, rising for the fourth day. Investors are shrugging off yesterdays geopolitical concerns, at least when it comes to the equity markets. The stoxx 600 is up by 1 3 of 1 . The swiss franc remains the haven currency of choice. That is the eurofranc, rising for a second day. Of sundaysans nuclear test. 10 year yields in the u. S. , down a couple basis points. 2. 11 is the level to watch, the level reached on august 31, the lowest since november 9. Hroughwest for 2017 and t november last year. Gold was a haven earlier. Coming down off the earlier high