Here in europe just wants to know whats going on in the u. S. Tom a whole bunch of things to talk about. We have the fed meeting, the bank of england meeting, job state. I want to know why you arent doing a 4 00 a. M. Are you slacking off . Francine its the european way. I really dont know who sets the international clocks. There is always one or two weeks where the europeans go down in our. Tom this is what has ripped up the script all the way across the New York Times and every other paper in america, for our global audience all i can say is there is no other story. Will be joined in a bit just stunning what happened in the United States this weekend. Francine it is. People are transfixed. Lets get to the bloomberg first word with taylor riggs. Taylor the European Union side of Free Trade Agreement t delayed in belgium. Just injured was in belgium for the ceremony. The agreement will cut tariffs for eu manufacturers on hundred Million Dollars a year. The eu had to overcome objections
Well. Lets get straight to the Market Action and check in on futures this hour. This time yesterday they were yoyoing all around the place. We were down at one point more than 3 in the premarket. We ended the day yesterday up more than 1 . Well get to the reasons for that rebound and what we can expect moving forward next week as well in a moment. Right now, as you can see, called higher to the tune of triple digits. The dow once again 142 points. The s p expected to open up 16 points. The nasdaq by 45. The major u. S. Averages rallying within 2 of the alltime intraday highs. Yesterday it was broad, 7 out of 11 sectors positive. Financials up 4 . Utilities down 3 . Quite a performance. More on the markets in just a moment. First some overnight news to tell you about. Thousands of protesters swarming the streets of several major cities following the surprise election of donald trump. Reports say that at least 30 people were arrested in new york for disorderly conduct. In los angeles mor
Equity board. S p 500 futures negative not even a 10th of 1 . Minors leading the losses. Switch of the board. All eyes on crude. Inching to the 50 mark. Wti 48. This is what i am looking at in the fx market. A dollar on the front foot. Switch the board and get to this. 14483. One pound, camp. The remaining 37 in the leave. The referendum is ahead on june 23. That is when we are now where you get one pool and you get the spike. Lisa it wasnt one single pole, there was building up to this. Jonathan a bit of momentum may be. David now lets go around the world and check in with our Bloomberg Team for indepth coverage of our top stories. Mike is an anchor of bloomberg surveillance radio. Cooks first trip to india. Matts house and joins us. Lets begin now with mike. This is the feds april meeting that and minutes of the fans april meeting are out today. , what are we looking at . Michael they have been trying to talk the markets of present time and we are finally getting some reaction. Inves
Day. This is about Central Banks. We are learning about china and were talking about the pound. Tom it is an interesting economic day. Great series of smart guests to give us depth. I would notice are the headlines just out of microsoft. You have the hewlettpackard headlines yesterday of the split up of the split up if you will on hp q and now you have microsoft out with a 1 severance or layoff or job cuts. I like job cuts on the bloomberg banner. 1850 out the door. Shows the door of the real economy around the economic data. Let me guess, we will also talk about brexit . Francine surprise. [laughter] francine it is a month away. We may talk about it for the next three years. The imf has backed off and greece will get its next round of Financial Aid. It will allow the relief of more than 11 billion and they will take steps to ease the burden of the countries 58 billion in debt. They stood down after originally insisting that the program did not offer a path to fiscal sustainability. Th
On the bloomberg. The reason you do not see a dot beyond on the righthand side, he is saying that is outside of a poor castable four castable forecastable period. This is fascinating. When the summary of Economic Projections came out and we look at that straight up right at the bottom, the answer is there now. Jim bullard. David when you read the statement hes just issued, hes saying a lot of things people the fed is about projecting out into the future well beyond what it can no. Know. S what it can some people think their models are run. Alix how do you forecast a fed that is data dependent . After the dots were released, there was chatter in the market with alie evans statement of a shift in how you view the economy and where you actually think rates should be. Of the f1 all members see are in agreement about the approach to this question. Agreement. In the question is whether other people come to jim bullards side. David we will have a bloomberg exclusive with microsoft cofounder b