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In the sessionus that we had in november that he was going to try to start the trial on the second charge in september 2020. I was very happy. I said finally, we will see the end of the tunnel. We are talking about 2020. December,me on 26 when we had the pretrial, and prosecutorraid the cannot afford to have two trials at the same time. Too much work. So what did they say . They say i cannot promise the second trial in september. I am not going to commit, but certainly not before 2021. Postpone, postpone, postpone. It is always the prosecutor who prevails. This is number one. Number two is i want to see my wife. My wife. Want to see maybe for a lot of people, it would have been a lot of punishment not to see their wife it would have been not a punishment not to see their wife, but for me it was. They knew i love carol, and she is a pillar for me. Had knew this because they all the correspondence. They had the email. They were not supposed to have the email. They were not supposed to ha ....
Global stocks despite lingering tensions between washington and tehran. Ubs shakes things out. The swiss bank splits its Wealth Management unit into three, cutting up to 500 jobs and naming two new Division Heads. And made in china. Elon musk is in shanghai as the consumer rollout of tesla vehicles finally takes place. We are on the ground all morning. Just under one hour away from the start of cash equity trading across europe and in the u. K. Take a look at futures here. You will see that they are up across the board. We have gains in asian stocks, which are pushing up european futures, dax futures, up. 6 , as are ftsefutures as futures. U. S. Indexes rose yesterday. We are seeing green arrows again in terms of futures with about 5. 5 hours to go until the start of trading. Anna, what do you see on the gmm . Anna pulling up the gmm function on the bloomberg, and we are b ....
The culmination of a fouryear saga. We are live in riyadh. Manus a warm welcome by where we are expecting nejra to cross to react riyadh. It could be the narrative the changes the global perspective. Billion. Ised 25. 6 what they make trillion dollars today . Way, the day alibaba ipo, they racked up 38 . We are all lined up to support the kuwaiti and i would be Sovereign Wealth Fund and there is an army of institutions in saudi arabia. They are mitigate the risk and wanted to go well. It to doting want well. Nejra the saudis are doing everything they can. And in the u. K. , the focus is all on tomorrows election and people erp poll has made the risk of a Hung Parliament alive for markets. Manus its amazing how we have pivoted so quickly. Ipos, have amco look at oil. Peter navarro,om no indication of december tariffs. Are we ready for that risk . Thats the question you ....
Of hedging backup. People going out and buying protection. The cable rate going nowhere. Youre seeing flattening in the market for treasuries. 1. 82 is how we trade. Time now for the global exchange. We bring you todays market moving news from around the world. From riyadh to zurich, london and washington, our bloomberg voices are on the ground with todays top stories. In riyadh, history is being made. Saudi aramco jumping 10 in its debut, giving a value of almost 2 trillion. Bloomberg spoke exclusively to the ceo of the Saudi Stock Exchange. If the full offering size is offered in the markets based on ,he 1. 7 trillion valuation that is a on. 5 . However, thi changes every day. We are watching the price change over the next four days. But our anticipation of 8 to 9 would be the weight of aramco. Alix yousef gamal eldin joins us now from riyadh. Give us the latest on the ipo. Yousef its been a remarkable few hours. Trillion, ....
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 ....