Analysts expect the u. S. Economy to add 160,000 jobs this month after a dire report last month. Will could a miss mean for the fed what could it mean miss for the fed . Iron ore prices slump the most since 2016. Keep an eye on miners at the open. Less than half an hour to go until the start of the European Equity trading day. We were without the u. S. The u. S. Was celebrating Independence Day yesterday. We are without that legacy to build on. We are waiting for the payrolls numbers, as we have been saying in our headlines. We are in a Holding Pattern. Ftse futures suggesting in the event of downside, but review the european suggesting a little bit of downside. Gmm. Have a look at the it gives us a picture of what has been going on over in the Asian Session and it is pretty mixed. The indian centex a little bit weaker, the rupiah a little weaker. The finance minister in india making a budget statement. Plenty about investment in the Indian Economy and where the priority for her is goi
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Talents resorts and cruise ships worldwide. Have you found the domain signing. Pictures d. W. In your room you can price to d. W. Dot com travel quiz. The World Economic forum gets underway in davos switzerland where the keynote speech indias Prime Minister Narendra Modi three thousand participants are sequestered in a snowball in davos until the end of the week. Welcome to your business he is the first indian Prime Minister in more than twenty years to speak at the World Economic forum in davos Narendra Modi the live of the keynote speech on the swiss ways old aim to drumming up invest. One of the worlds Fastest Growing economies modi highlighted the six fold growth of his countrys g. D. P. Since the last time an indian Prime Minister attended the World Economic forum that was in one thousand nine hundred seventy the i. M. F. Has forecast seven point four percent growth for india in twenty nineteen beating china with only six point eight percent modis speech also focused heavily on ho
Hsbc names mark tucker as the new chairman. The shares jumped the most since december. And the fingers on the trigger. British Prime Minister theresa may is poised to invoke article 50 and start the Brexit Process as early as tomorrow. But is sterling oversold ahead of brexit . Matt guy, we are less than half an hour away from the european cash open. Lets take a look at where the futures are trading right now, pointing to very slight gains, very slight. Is the cac, gain but otherwise the dax is slipping. Im taking a look also at german yields. Let me zoom in on what we are seeing here at the open for looks like climbing just a little bit investors are selling off german debt, maybe the 10 year isnt what we should be focused in on. The short end of the curve looks extreme, very negative as far as the shorter end of the german debt curve. Guy was interesting as well is the relationship to switzerland we will bring you that chart later on. Lets go to the gmm function. I want to deal first
British lawmakers have voted against changes to the governments plan to leave the eu. The two amendments requested by the house of lords were rejected, which means the bill will past back to the house of lords for approval. Prime minister teresa make thing thetrigger article 50 of constitution. She is not expected to do so before the end of the month. Unfolded. This is an overwhelming victory. The house of commons has rejected calls for the government to by 335 votes to 287. They then rejected the other amendment adopted last week by the house of lords. That was by 331 votes. It looks like were going to have this brexit bill tonight. Will beith job bill passed later tonight if the lords back down. We expect them to back down and give their final approval tonight. This is the pingpong process you were describing. Not expecting any significant opposition from the lords tonight . The process continues until both houses come of lower and upper house agree. We believe they may sit until mid