The world trade coming to an end. We have seen bond yields climb up. Have seen the u. S. 10 year moving out of the haven currencies and haven bonds. The yen seeing more weakness if you can call it suffering. That, bund futures seeing those yields go up as we see prices get sold off. Lets have a look at the first word news. Lets get to new york. We start with the reserve bank of australia. It is maintaining its glass thefull view, reiterating economy is emerging from a soft patch while also forecasting no acceleration in wage growth and inflation barely reach the bottom of its target. Growth oferly updated 2 , rising to 2. 75 by the end of 2020 and 3 in the year after. Embrace of virtual banks is going beyond its own shores. It says it wants to become a regional hub with advanced data expertise. Doing soauthority says will improve banking authorities at home. Managing director robbie menon says Southeast Asia presents a huge opportunity for virtual banks. We see some of these players be
Chief megan murphy. Lets talk about the business theion, looking at some of effects happening between qutar looking at some of the effect happening between caps on qatar and its arab neighbors. Megan a continuing fallout that keeps unfolding in the middle east between qatar and some of its neighbors. This is what has happened with bahrain, saudi arabia, the uae they are accusing them of , harboring islamists and not cracking down on terror. It has been a longrunning incident between them, and it has no really included in terms of imposing bans. Is now imploding in terms of imposing bans. One of the biggest businesses affected is qatar airways. Oliver a company doing very well. Megan doing very well, voted a favorite of Luxury Travelers in particular. As people know, whether it is emirates or qatar airways, they are brands that have carved a global footprint out of the last two or three decades, moved into competing directly on longhaul flights in particular with some of the american ca
Chief megan murphy. Lets talk about the business theion, looking at some of effects happening between qutar looking at some of the effect happening between caps on qatar and its arab neighbors. Megan a continuing fallout that keeps unfolding in the middle east between qatar and some of its neighbors. This is what has happened with bahrain, saudi arabia, the uae they are accusing them of , harboring islamists and not cracking down on terror. It has been a longrunning incident between them, and it has no really included in terms of imposing bans. Is now imploding in terms of imposing bans. One of the biggest businesses affected is qatar airways. Oliver a company doing very well. Megan doing very well, voted a favorite of Luxury Travelers in particular. As people know, whether it is emirates or qatar airways, they are brands that have carved a global footprint out of the last two or three decades, moved into competing directly on longhaul flights in particular with some of the american ca
Takeover. You will get a good idea of on the session. The latest on the debate and a third time unlucky as msci snubs hina shares. Clinton leaving trump in the latest bloomberg poll. Lets begin with the fed. Theres zero perfect unlike liehood of a fed increase today. Lets go to carl. He is chief bloomberg economist. What are we expecting this afternoon . If we can mix british politics and fed policy together, we can invoke the quotation from margaret thatcher, the lady is not returning. It will apply to Janet Yellens approach in the press Conference Today as well. Shes going to play a cool hand. She wont specifically cite him but it could come up in the press conference, particularly during the q a. The fed is very much aware of international risks and how this is playing into their policy strategy. However, i would say more important is the much more important is the domestic outlook. So she will not be returning because shes going to be somewhat dismissive of the wobble in the labor
Meet the inflation target of 2 and one of the reasons the National Sales tax increase that has slow down consumer spending. A sign of progress on one front between russia and ukraine. Russia has agreed to resume natural gas exports to ukraine just as temperatures turned colder. Russia had said ukraine was billions behind in payments. Agreed to ahas partial payment of more than 3 billion by the end of the year. Meanwhile, rebels have stepped up their attacks on Ukrainian Forces despite a truce brokered last month. New problems for citigroup. Citi is facing a criminal investigation into its foreignexchange business and a six hundred Million Dollar charge for legal expenses. It says it is cooperating with criminal and antitrust investigations in the u. S. And in the u. K. And switzerland. More Management Changes at twitter, which has seen a few this year. Twitter has named kevin wild of the head of product. He has been in charge of revenue product. He is the fifth product chief in five ye