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Child to die as a result of mondays house fire in greater manchester. Chris froome the four time Tour De France winner is being investigated over excessive use of an asthma drug against anti doping rules. And the comedian peter kay has cancelled his first stand up tour for eight years due to unforeseen family circumstances. Its 5 oclock. Our main story is tonights vote at westminster on the governments main brexit legislation, where the government is facing the real possibility of defeat. The house of commons will vote on an amendment that would empower both houses of parliament to approve any brexit deal before it can come into force. The Prime Minister theresa may insisted again today that parliament would get a meaningful final vote before the uk leaves the eu in march 2019 but some conservative mps want a guarantee written into the eu withdrawal bill. The former attorney ....
Yesterday you saw the nikkei ended that 16 session winning streak this morning stocks are closed higher the nikkei was up by 32 points to 21,739. Hang seng down by a third. The shanghai was up by a third of a percentage point. The early trading in europe, things are in the green across the board. Gains for germany, france and london up by a third stocks in italy and spain also higher treasury yields, check this out, yields at 2. 43 . Crude oil prices which have been above 50 comfortably for quite some time are now up about 8 cents. 52. 26. Here are the big stories were watching new comments out this morning from the saudi crown prince. He says the aramco ipo will take place next year and valuation of the company could top 2 trillion the crown prince said saudi arabia is working with all Oil Producers to rebalance the global oil market. On the wall street agenda, weekly jobless claims out at 8 30 a. M. Eastern, followed by september ....
With tom keene in new york. Deutsche bank is down 7 . M the idea of a cash call being had. I can maybe make a guess. What are they waiting for . They have to go out and recharge. It has been years and years and years. Maybe this 14 billion love note is another catalyst to get them there. Francine they say they dont want to pay 14 billion. May they will get a better deal. The analysts guessed 5 billion. Im not sure how how they got it so wrong. Lets get to the news. Angela merkel is promising to do everything she can to hold the European Union together. They are meeting in bratislava brexit plot their post course. British Opposition LeaderJeremy Corbyn says his labor party is looking to norway when it comes to the brexit. Norway has exit to the e. U. Single market but is not in the e. U. Itself. Maybe we can learn a gr ....
You are looking at 120, possibly 125 on dollaryen over the next 18 months. That is a pretty big call by rbc, but it is not that outlandish. Markets are rebounded from two days of losses. Republicans take the senate. Lame duck president is what you hear a lot about. Will there be a contest against mariota Draghi Mario Draghi . The a look at some of equity markets in the u. K. Us go for oil. Gold is declining this morning. Down by more than 3. 35 . Marks and spencers, this is an interesting report in that general merchandise decline. Nonfood sales dropped by 4 . Rse than the market estimate. Pretext profitability is up. 260 million pounds. That beat analyst estimates because they are not discounting. Margin is king in retail. You saw supergroup and next warning in terms of profitability. Marks and spencer said our margins are intact. Our Gross Margins will be the basis poin ....
Good morning, everybody. You are watching the pulse. Im guy johnson. Im francine lacqua. We are just getting some breaking data. The services p. M. I. Figures falling for october to 62. 3. What we were estimating is a 62. 4. Pretty much in line with expectsations. We had an encouraging figure from italy. The surprise of the day. P. M. I. Was better than expected. We were expecting a can traction. The number for the whole of the euro area an area of grips at the moment by the debate that seems to be raging within the e. C. B. Were waiting to see what the meeting looks like tomorrow. The news yesterday talking took into account fact that maybe we have a significant refor mario draghi to deal with. Well talk about that issue later on. A revelt about his transparency about his speech. Nevertheless a significant Political Development if you can talk about politics within the e. C. B. Lets take our politics in a different term. G ....