To meet madrids deadline but reiterating his call for dialogue good morning it is thursday morning thank you once again for tuning in to street signs. We are one hour into the trading session, what we have seen unfold in the markets is interesting. The hang seng off by 1. 7 . No one knows the reason for that the stoxx 600 has taken a like lower, off by 1. 73 . As soon as we know more about the underlying reasons, well tell you about it. Maybe tweet in if you have a clue as to what is going on. We have some chinese data out which is more or less in line with expectations. When it comes to europe, we had plenty of earnings, and some were mixed we had disappointments from s. A. P. , unilever, nestle lets tell you what the european markets are doing. We have the ftse mib off by 0. 8 ftse 100 off by 0. 2. The xetra dax now off its recent record highs, back below the 13,000 level off by 1 and of course all eyes on the ibex 35, this as the Catalan Leader Carles Puigdemont has reiterated his c
Gainers as they see no need for a rights issue, despite worse than expected Third Quarter losses good morning glad youre with us once again on this friday morning roughly one hour into the trading session. Lets look at how were faring on the stoxx 600, modestly higher to the tune of 0. 25 , recovering from yesterdayed losses which took us to the lowest level in october so far it was all about the catalonia fears, and the worse than expected Third Quarter results most results turned out to be better th better than expected this is the picture of european indices. The cac 40, up 0. 25 the ftse 100 up by 0. 26 , and the xetra dax up 0. 42. When it comes to the sectors, financials have been doing well. Banks up by 0. 6 this is on the back of the senate vote yesterday, which will pave the way for tax cuts basic resources also doing well, up by 0. 9 on the back of higher copper prices overnight. All right. We are just getting some news from spain let me bring you that in just a second seeing
Tell the ritual to last but in five years they have broken the rule of law a basic principle of the year being needed in a few hours spain is expected to unveil details of its planned takeover castle only is government. Alone malcolm my names peter w. Watching aljazeera live for my headquarters here in doha also ahead attacks on to mosques in afghanistan leave more than seventy dead. Kurdish fighters say they feel betrayed as iraqi forces claim the whole of Kirkuk Province from Peshmerga Forces plus. A month after maria and puerto rico is still without power and the island is in ruins. In the next few hours Spains Senate is expected to trigger article one five five of the constitution imposing direct rule over the autonomous region of catalonia the move follows weeks of political deadlock between madrid and the cattle and Regional Government but how did this crisis come about well on october the first catalonia held a referendum on secession spains courts ruled the vote illegal and the
Government can accept disregard for the law. Last night, spains king, firmly behind the Spanish Government. Spain of the 21st ce ntu ry government. Spain of the 21st century is a country that catalonia is, and always will become an essential part of and we should read ourselves in loyalty and solidarity. Catalonia is split over the question of independence. There is anxiety over what the future will hold. But those who want independence say dreads tactics could backfire. There will be peaceful protest, likely work to rule from Civil Servants for example, the catala ns rule from Civil Servants for example, the catalans are not going to lie down and take it easily. There is no solution going this route. But the measures announced by the Spanish Government wont come thick and fast. Expect a careful, slow running strategy and i is the risk of making a tense situation in catalonia even worse. And tom is in barcelona now so whats the latest . This has been on the cards are the days but the e
Government and call for an early election well find out from madrid and barcelona if his move is likely to end the crisis or worsen it also coming up polls have closed in the Czech Republic where a populace looks set to be the next Prime Minister we look at the mandate of the czech donald trump and ask why the country is so critical of the european union. Hello and welcome to the program i marry in evanston its good to have you with us we begin with some breaking news the Spanish Government is moving to replace the regional leaders of catalonia and intends to hold elections as soon as possible Prime Minister Mariano Rajoy said he was triggering article one fifty five of the constitution to bring a rebellious region back under Central Control is asking the Spanish Senate to approve his plans to dismiss the cattle on government its expected to approve his plans the catalan Regional Government has said it will declare independence if its powers are reduced demonstrations are planned in th