and of course, here in the uk, we've got the bank of england coming up on thursday. ure some viewers stateside will be keeping an eye on the bank of england. us futures right now we're looking at red across the board. the dow jones looking to open now about 570 points lower. the nasdaq about 370 points and the s&p 500. looking to pull back about 90 points. the chip makers in particular focus after the roller coaster week that we saw last week in extended trade. you've got all of them down. nvidia of course, the chief stock among them down about 2.9% after hours. now it's shaping up to be a busy week here in europe, with a slew of pmi and inflation data from the eurozone, along with an opec jmmc meeting set for later today. on tuesday, we will again hear from alphabet of the magnificent seven. we're also going to be keeping an eye on israel, where the prime minister, benjamin netanyahu, will become the first foreign leader to visit the white house under the trump administration. we'll get more pmi data on wednesday, and mainland china markets will reopen for trade afte

that's making it very difficult is that we don't have strong federal leadership. governor of the bank of englandicult. although i will say that canada's premiers the united states? i mean, that hasn't been confirmed yet. no, we do have leverage. we're best friends in normal times, this is very unusual for us to find ourselves on the other end of a president so oil of course, energy is a big export. because this isn'tjust regional, it's not it could go global. what about the eu and what about the uk? well, i would say that if this is the way president trump is treating his friends, then everyone should be worried and it's notjust an economic relationship. personal connections. and i think the world is watching because it's such a surprise that that the us would be treating what does that say about people that maybe they're less friendly with? or, certainly, their enemies? us trading partners — his secretary of state, marco rubio, has travelled to panama. waterway at end of 1999. by the first hispanic us secretary of state. he has deeply held views about this region. in panama is what donald trump

he is a former governor of the bank of england — imposed on canada by trump.ot going to back down. as well against mexico, china, others and threatening they're going to hit growth. they're going to move up inflation. i mean, let's be absolutely clear. less than eight years, that the united states has, in effect, ripped up a trade agreement with its closest we will take steps. i think it's reasonable to expect in the immediate term and services that will most affect the united states and least affect canada, but to be clear, this will be, this will have an impact on the canadian and to a greater extent than the us — but canadians are in no mood — no mood — to make any concessions here. this is entirely unjustified and we have many, many presidential campaign in 2016, and joi chaney, a democratic mexico and china. this is something he promised. tariff. americans agree we want to stop the flow of fentanyl and illegal immigration. we all agree on that and i am sure my co—panellist will echo that. whether tariffs are the right idea is a will result on direct and i

for more reaction from canada, bbc newsnight has been speaking he is a former governor of the bank of englandt going to back down. we're united and we will retaliate. against canada — contemplating, i guess, on the united states. they're going to raise interest rates. around the world. i mean, let's be absolutely clear. trading partner, that it negotiated in good faith. we will take steps. i think it's reasonable to expect in the immediate term that we will match dollar for dollar of the us tariffs. we will target our tariffs against those goods and least affect canada, but to be clear, economy and that impact will be felt more quickly this is entirely unjustified and we have many, many but we will if we have to. prisoners is set to take place on saturday under the fragile scheduled to be released. the figure previously reported. in captivity, as our middle east correspondent wyre davies reports. she is a british—israeli, a 28—year—old, and she was saying she's been in conversation with the british prime minister, sir keir starmer, in gaza only did she not receive any adequate buildings belon

he is a former governor of the bank of england — and is now a frontrunner to replacejustin trudeau as struck a defiant tone when asked about us tariffs imposed on canada by trump. i think president trump probably thinks that we in canada will cave in, but we're going to stand up to a bully. we're not going to back down. we're united and we will retaliate. ultimately, the steps that the president is taking against canada — contemplating, i guess, as well against mexico, china, others and threatening the world — are going to rebound negatively on the united states. they're going to hit growth. they're going to move up inflation. they're going to raise interest rates. they're going to damage the us�*s reputation around the world. i mean, let's be absolutely clear. this is the second time in less than ten years, less than eight years, that the united states has, in effect, ripped up a trade agreement with its closest trading partner, that it negotiated in good faith. with me now in studio is matt terrill. he's a republican strategist who is managing partner at firehouse strategies, and fo

got all sorts of stuff in. >> our economy. >> our economy. >> whose record is governor of the bank of englandind it bizarre. >> i find it bizarre. >> i find it bizarre. >> i think he was very lucky, actually, as governor of the bank of england, he came in with an absolutely terrific reputation, putting in place a bunch of institutions and then managed to get out before the inflation came in. that was fairly inevitable. after all the qe. >> did he not back rachel reeves budget as well? >> he did. he backed rachel reeves. great stuff, you know. >> right. let's talk about the fact that also 10 million pensioners here in the uk will be paying income tax by 2032. >> yeah. >> yeah. >> this is horrific. >> this is horrific. >> well they've had a good run aren't they. >> i think. >> i think. >> so speak to the labour party. >> so speak to the labour party. >> no. >> no. >> absolutely no. and what i will concede and i will always call out the party when i think they're wrong on things like the winter fuel. i thought it was politically stupid and morally cruel. and i still think they should be rowing b

. >> who's got an economics degree, worked for the bank of england and worked for a retail bank. >> yeahusiness. i mean, this is the thing we should. we should have business people. >> this week. michael o'leary was calling her rachel. rubbish. >> when you say we should have business people, you mean we should either only have. you know, elon musks, who are the big business billionaires? or are you saying we should only have small business owners and anyone that's worked senior in a business doesn't account? we have lots of people who have worked in senior positions in companies and have made senior budgeting decisions. yes, they might not have owned the company, but public limited companies are owned by millions of shareholders. so i don't quite understand what your point is, emma. >> well, they're just management accountants, aren't they? wes streeting on the nhs talking about reform. rachel reeves talking about growth. keir starmer talking about smashing the small boats. we're not idiots. you can't just say things again and again. you can't just announce things without. >> are up by 2

plus the bank of england rate decision. on friday, it's the major one. of all the earnings, the jobs report is just around the corner. bloomberg's tyler kendall joins us at the white house ahead of the conversations between president trump and the leaders of canada and mexico. this is the big focal point for the market later on today. you caught up with the national economic council director. what did kevin have to say? tyler: i pressed him on what sort of bench marks of progress mexico and canada would need to meet in order for president trump to ease or lift these tariffs, and he said he didn't want to get ahead of the president's calls with the foreign leaders this morning as we still await guidance and a readout on what might have been said during those. but he did want to make clear that the administration says they don't feel that this is a trade war. they feel this is a war against illegal immigration and drugs coming over the border. when i asked him what sort of economic impacts that americans might be feeling particularly after president trump

he's the former governor of the bank of canada and england, and he's a member of canada's liberal party. he is running to replace prime minister justin trudeau. thanks for joining us, sir. so trump, president trump said today that canada is, quote, very tough to do business with, unquote. have you heard anything about the phone call between trump and prime minister trudeau that wrapped up just moments ago? well, it wrapped up while i. >> was in the seat, so i haven't heard directly. >> i'll just observe that this. >> is the. >> most. >> successful commercial relationship in the world. >> and the canada is both. >> the largest. >> supplier for. >> the u.s. >> in many of the most. important items your reporters just mentioned some of them, but we're also your largest client. we import more than china, the uk, france. >> japan combined. >> so we are the largest client. >> we have. >> liked that arrangement. we'd like to continue it if we can. you heard the president trump earlier today was complaining about the trade deficit that the u.s. has with canada. well, the deficit is entirely caus

the labour party, the liberal democrats, the conservatives, the tuc, the cbi, the bank of england, theand you're wasting your time. and yet and yet we built up a movement across this country which forced david cameron. remember him. i tell you what, the history books went. and that referendum happened and i was able to. i was able to go to the emergency debate in brussels the day after the referendum. quite extraordinary. i mean, i got on eurostar. i got off at the station in brussels. i mean, everybody hated me. it was quite extraordinary. and i, i did call it an own country. you're quite right. i wasn't wrong. and i so enjoyed going down into that chamber. and there was jean—claude juncker, the president of the european commission, a man whose drinking habhs commission, a man whose drinking habits made me look like a methodist. i was able to get up and say, when i came here 17.5 years ago, i said that i would lead a campaign that 1521 00:10:01,856 --> 0

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