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Impeached after the house approves the charges against him. They have nothing they are the ones that should be impeached, every one of them sweden Central Banks hikes rates to 5 putting an end to five years of policy despite a slow down. The bank of england is expected to stand pat as the queen prepares to layout the government agenda for the second time at the state opening of parliament and a 1 billion pay out to Share Holders as the swiss chemical maker sells the unit for more than expected good morning and welcome to the show our top story today. Donald trump has become the third u. S. President to be impeached. The house passed two articles against him with votes falling largely along the party lines. Charged with abuse of pour and obstruction of congress, President Trump is expected to face a senate trial early next ....
Some of the other Asset Classes are moving on a bit of news. Sterling falling, erasing the gains we saw for the currency before the general election. Going below 1. 31. The thai baht is one of the strongest currencies in this part of the world, Interest Rate. Bit later coming out Oil Inventory story, that is not the oil price but we have 60 or thereabouts. That is reflective of a growth in u. S. Inventory. Bitcoin, continuing to be there even though it is higher. A report says the cryptocurrency perhaps peaked two years ago and on top of that we have a lot of rivals out there. There is a crypto scam in china which is seeing unwinding of the action. That is where we are from these Asset Classes. What else is going on . Lets join su keenan. Japan and the latest economic d ....
Almost five years of negative rates behind. The governor joins us after the decision. And donald is impeached in the house for abuse of power and obstruction of congress, but u. S. Markets shrugged off the political drama. We are just under an hour away from the start of cash equity trading here in europe. Its taken look at where we are now on the futures picture. We are almost unchanged on futures markets right now. Yes, we have had big drama in washington with regards to impeachment, certainly in the house. The drama will move in the new year into the senate. The markets have been pretty unmoved by that of elements so far, and by that development so far, and the u. K. Equity market is trying to get through some of the slower trading days at the end of the year. We have seen flat expectations for the start of the european day. Thats move to the u. S. Picture. Once again, flat expectations. Yes, we had a lot of high drama, but the markets are managing to lift through this. Lets have a ....
Exchange, where we bring you todays market moving news from all around the world, from hong kong to london, to new york and washington. Our bloomberg voices are on the ground with todays top stories. In asia, hundreds of thousands joined hong kongs biggest demonstration in months in signs that demonstrations will continue into the new year. Joining me is stephen engle. Give us the update. You know, this has been a protest movement that is now into its sixmonth, and i have to say, there is a bit of protest fatigue. People are tired of the violence. People are tired of the vandalism. They are tired of the disruptions to their morning commute. They are tired of the damage to the economy. But they are also tired of what they perceived to be an intransigent government here, unwilling to make any concessions to the protesters. That left this weekends big mark. A big question will there still be momentum for the protest movement, which has dwindled in size, but increased in violence . That an ....
The latest. Dani definitely a mixed session. The stoxx 600 down. It is a macro heavy trading day between the u. K. Election, Central Bank Decisions and that the tariff deadline, we have traders on the sideline. Expandedy has really for sterling. Cable down about 0. 1 , but still trading at that 1. 31 handle. This is a conservative government priced in. Upside is really limited. We have seen sterling fall after the poll showed the conservatively it cut by about half and the concern is the Hung Parliament that would throw into concern the outcome of brexit. Some strategists have said that sterling may fall as low as 1. 22 if we do get a Hung Parliament. Brent down about 0. 5 tonight. We are seeing brent trade just under 64 a barrel. The aramco ipo hitting the 10 limit with shares surging so far today. Looking at ....