Commission, jean claude juncker, has told the bbc that the eu will not seek to punish britain during brexit negotiations. Hosni mubarak has been freed after yea rs Hosni Mubarak has been freed after years in detention following his overthrow in the arab Spring Revolution in his country. A warning that bad behaviour in English Schools is not being dealt with properly and pupils performance is being negatively affected. Good morning. Were live At Westminster, where it seems life is returning back to normal as the roads have opened for the First Time Since wednesdays Terror Attack here. In the past few hours, we have had more information from the metropolitan police who are investigating the attack. They are appealing for anyone with information on Khalid Masood, previously known as Adrian Russell ajao. They say theyve made two further significant arrests in the West Midlands and north west england. A total of nine people are in custody. One woman has been released on bail. The fourth vic
Shadow brexit secretary, the portuguese finance minister, and a Brexit Committee member. The Vice President of the European Commission also joins us a little later on. The four we get the brussels, lets get straight to the bloomberg first word news. Heres nejra cehic. Nejra President Trump will be briefed later on various ways to implement comprehensive tax code changes. He will be presented with possible changes i officials including gary cohn. That is according to people familiar with the meeting. French president ial candidate Francois Fillons wife penelope has been charged in the fake jobs probe according to reports by french Media Outlets citing unidentified judicial sources. Her husband has been charged with graft, which he denies. Calls to an olivia fillons lawyer were not immediately returned. Blackrock is said to be shaking up its unit by cutting jobs, reorganizing funds, and lowering fees according to a person familiar with the matter. The revamp moves money into cheaper offe
T is e. C. B. Day. Well talk about the e. C. B. s options for tapering and then in just over an hour we will speak to pimcos andrew. This is a picture for the markets. Overall there has been a little bit of movement on the back of the debates. Mr. Trump, donald trump refusing to say he will accept the Election Results if he loses. Dollar advancing again. It all has to do with the e. C. B. You can see the stocks in europe pretty much subdued then i want to show you the mexican peso. This is important because it is a proxy for the chance that donald trump will win and you can see mexican peso down 0. 4 after strengthening a touch. The currency has risen more than 4 this month. There is a growing likelihood that trump will lose the coming elections. This is the trump effect. Were not only seeing those on pesos but also on the Australian Dollar bets. His is the mexican peso in white anything below the line means more short and above means more long positions. Lets get straight to bloomberg
A is definitely Commodities Energy story in terms of the dow. As thats the nasdaq off by. 2 . We are talking about falling oil as well as falling commodities as the bloomberg dollar index also rises. You can see it is definitely a very broad decline. It is also a mild decline. Materials is down the most by. 7 . We are seeing commodities in terms of gold, silver as well as copper all often the order of onemonth or twomudflows. Flows. Twomonth with oil on the downside, financials also slipping into negative territory. It had been the one lone positive earlier today, hoping that rates might rise as we head to jackson hole. We have to wait and see. Of theake a look at some biggest s p point losers right now. These are where they stand. Apple is down about. 8 . Lowest sincets august 11, about 10 days or so. Waiting for the new iphone, coming out in about a month or so. Ibm down 1. 2 . And verizon done about. 5 . Generally speaking, cross the s p, stocks from positive to negative in terms of
Were going to go to Luigi Zingales. Officials sayan hellfire missiles were aimed yesterday at an Islamic State executioner. There is a high degree of certainty that he was killed. Was shown in video released by militants beheading half a dozen hostages. The peshmerga raise their flag today in the northwest iraq the city in the north in a northwest iraqi city. They control the road that was a key Islamic State for the first time in a half a century, man market soon be ruled i a civilian government. The election victory in the is the Opposition Party empowering them to name a president and inform and form a new government. And donald trump attacks ben carson. Calls iowans it happened last night during a campaign stop. E mocked carson trump says he is shocked that iowans are backing carson. Trump how stupid of the people of iowa . How stupid of the people of the country to believe this crap . So here is the good news. He is now saying all of that stuff happened, because otherwise he is a