Disinformation and propaganda, President Trumps rhetorical assault on beijing steps up a gear. The u. S. Senate passes a bill to the last Chinese Companies on european and delist Chinese Companies on european indexes. The bank of england president said get of rates are not being ruled out. Plus, cut to junk. Angela merkel says a decision on the lufthansa bailout should be expected shortly after the German Airline becomes the latest to lose its Investment Grade status on the s p. Take a look at futures this morning. We do see losses in futures. Euro stoxx 50 futures down a little bit more than 1 . 0. 6 6 . Ures falling we see drops on u. S. Futures, as well. S p, and nasdaq futures all down by more than 0. 5 . Anna, the gmm . Anna lets have a look at the gmm. Quite a mixed picture in the Asian Session after some gains in europe and the u. S. Yesterday. Lifted in part by some better corporate reporting in the u. S. We see a little bit of nervousness around geopolitics and the ongoing ten
One to watch today but if you look at the initial signals, we are lower on the stoxx 600. It was a strong session yesterday for the dax up close to 1. 8 , clearing fresh hurdles, well above that 13,400 level rough day to follow up on some of though gains. Lets see what were seeing elsewhere. Telco is at the top, healthcare is at the bottom most of the markets really showing sectors are declining out of the starting position in terms of that sector, couple of reports in there including sanofi the overall picture is a weaker one. Just outpaced to the down side by travel and leisure sliding by a quarter of a percent basic resources, a slightly weaker start up by a quarter. Utilities off by 0. 2 . The others, media stocks, weve had that sector trade down by 0. 10 . Utilities down slight declines in the early start of the session wayment to get to retail quickly. Next is falling again after a horrible trading session yesterday on the back of its concerns around unusual volatile patterns in
Cash flow really strong we were 2. 7 billion pounds, over a half billion more than last year and this is what gives us the confidence in raising our guidance in Margin Expansion and in initiating a stock buyback this year of 1. 5 billion pounds. Astrazeneca shares are set for their worst oneday loss, after a key lung cancer study fails, wiping 13 billion off the drugmakers market Cap Deutsche Bank shares fall on a 10 drop in revenue, as the german financial giant suffers the same fate as itself u. S. Peers with a slump in fixed income trading well speak to the ceo, john cryan, at 11 00 cet. Downstream powers shell to a beat, as the oil giant more than triples its profits in the Second Quarter Ceo Ben Van Beurden tells us the Energy Market is regaining stability. Bhafrnlg bhafrnlgts. What we are seeing is a market cents essentially in bale market is growing fast probably more next year. And longterm supply is declining. I think we need to discuss this astrazeneca story more. Astrazeneca
Campaigning points there is unity. A warning new laws introduced last year to protect tenants in england from so called revenge evictions arent working. Also keeping a cool head. An australian man survives after struggling for hours to keep his nose above water, after his excavator rolled into a waterhole. And could this sound be the origins of the earliest words . Good morning. Its thursday 9th february. Welcome to bbc Newsroom Live. Accident and Emergency Departments in england had their worst waiting time performance in january since targets were introduced 13 years ago. Provisional figures leaked to the bbc also suggest that a record numbers of patients have had to wait on trolleys for a bed to become available. The Department Of Health insists the vast majority of patients are treated quickly. Patients are traditionally supposed to be seen and discharged within four hours, with a target of 95 . But the bbc has learnt the provisional figures forjanuary show only 82 were seen within
Seeing this morning. So across our markets, youve got a rotation thats happening, and investors questioning some of the trades that have been very strong in october. In particular, banks and oil is where youre seeing some of the pressure points. But more importantly than that is some of those interests, sensitive sectors, youve seen this in the states, theyre being sold as well. Real estate, telecoms, the bigyearolds, particularly on markets that are seeing ground lost in this selloff. Now, basic resources, though, this morning, opens up as the weakest sector. Youve got one sector positive, which is household goods. So basic resources trending down. Curious, because dollarss been on the offensive. Typically, dollar should be weaker. Thats not happening in this bout. Goes back to questioning some of those sectors that have done particularly well, whether its been justified, and perhaps you want to take some of those profits and lighten up the portfolio load, in what is a risk off those.