Could move the eurodollar. We also focused on the oil markets. Saudi arabia faces a daunting oil market surplus. Up, they hear from the former lng executive. He proposed a takeover offer by the Hong Kong Exchange and we will have plenty more on the corporate story. It broke about 24 hours ago. They will have a look at the exact response of the london Stock Exchange. Lets get straight to bloomberg first word news. Bloomberg has learned in a show of goodwill that china may resume u. S. Farm inputs. This comes as donald trump says he is postponing a 5 tariff increase by two weeks. The delay causes u. S. Levies on chinese imports at 25 . Sweeping cats from a no deal brexit. Chaos from a no deal brexit. The warnings outlined in a u. K. Government paper. The internal document is called operation yellow hammer. Ministers were forced to release it to comply with the deadline. Law intendeding a to prevent Boris Johnson from forcing through a no deal brexit but he says he is ready to do it anywa
Would cut more than this. Alix but it looks like they actually cut more than expectations because it was 19. 75 , go into 16. 50 . It appears they did actually cut, so50 basis point it seems like it was a little deeper than even the most dovish expectations. 19. 75 , and was they cut it to 16. 5 percent. So it did exceed expectations. Alix but yet, you have the lira moving higher. I think that is never a good sign, when you have the currency moving higher when you have a 325 basis point cut. Interesting. We will have to watch that currency. That feels very much like the playbook last time we saw a cut from the turkish central bank. You have the, yes, turkish central bank. Now we are pushing ahead to the ecb. S p futures unreal, up over the 3000 mark. Hold . He rotation we seen we took a pause yesterday. Odollar euro firmer eurodollar a little firmer this morning into the ecb. A little bit of wiggle room when he market. Youre seeing a little bit of buying in the bond market in the u. S.
Oil prices have soared at the opening of the markets in asia following saturdays drone attacks on two Key Facilities in saudi arabia. The cost of brent crude rose by the most on record, after half the kingdoms output was taken out that accounts for roughly 5 of the worlds oil supply. Iran has dismissed us allegations that it was behind the strikes and accused washington of being deceitful. My colleague mariko oi is in singapore. Bring us up to date on what the cost of crude is doing. There was a huge spike when oil began trading on the global markets. That is right, we saw brent crude prices jumping global markets. That is right, we saw brent crude pricesjumping by almost 20 when they opened and still currently we are seeing the jump still currently we are seeing the jump of10 12 . Still currently we are seeing the jump of 10 12 . A double digitjump that we have really not seen before. The easing of the jump was somewhat because of the us President Donald Trump moving to ease the jump
Hello and welcome to the d w debates of the World Economic forum to our viewers watching us from home were coming to you from the most visited city in Africa Cape Town my name is edith q money now according to u. N. Figures by the year 2050 every 2 out of 4 people will be african well thats quite staggering when you think about it does that then mean that if the population is going to quadruple here that our data will also quadruple and what does that mean for the future of data on the continent this morning were asking the question is data africas new oil and im going to be helped to answer that by my Student Panel and im going to be introducing them now im joined by sylvia my carry on my extreme right shes the head of geospatial technologies on the cofounder of have to undergo 6 base in kenya but also joined by mr alex new who is the managing partner and chairman at 80 kindy if youve been to the World Economic forum a few times you might have seen his face. On my right my immediate r
So and welcome to the d. W. Debate at the World Economic forum so our viewers watching us from home were coming to you from the most visited city in Africa Cape Town my name is edith q money now according to u. N. Figures by the year 2050 every 2 out of 4 people will be african thats quite staggering when you think about it does that then mean that if the population is going to quadruple here that our dates out will also quadruple and what does that mean for the future of data on the continent this morning were asking the question is data africas new oil and im going to be helped to answer that by my Student Panel and im going to be introducing them now im joined by sylvia my carry on my extreme right shes the head of geospatial technologies on the cofounder of have to analyze 6 base in kenya but also joined by mr alex q who is the managing partner and chairman at 80 kindy if youve been to the World Economic forum a few times you might have seen his face. On my right made me the right