Europe, a reflection morning show. I am anna edwards. Cranny in thenus hague where the horse trading against. Liberalism has won the day. Gainst the populists a vote for europe, a vote against extremism. 13 parties will haggle to form a government here in the hague. Anna we will come back to that story throughout the program. Into. Ating story to delve lets talk about what is happening in markets. The msci asiapacific making gains this morning. We have an Interest Rate hike from the fed but no suggestion of an accelerated pace of tightening. Global stocks rallied, local bonds rallied. The dollar fell off yesterday. That is a little bit weaker, it was weaker this morning as well. That has stabilized a bit and we are flat. As euro dollar in their well. We did see the euro hitting a onemonth high. The defeat of wilders. China following the fed with not a typical Interest Rate hike but increasing some borrowing costs with targeting targeted instruments. To over interpret the monetary actio
For burberry, as the designer calls the market challenging, weighing on sales growth and sending shares lower in london trade. Akzonobels First Quarter profit beats expectations as the paintmaker unveils a new strategy it hopes will secure its future as a standalone firm amid a bidding battle with ppg. Good morning, everyone. Yes, youre watching street signs. Glad youre with us on the show today we have all things covered coming from the political side in response to theresa may calling the snap election for june 8th. What does it mean for your money and your investments. Well talk much more about this during the show. Lets look at the European Equity markets. Looking at a fairly mixed picture. The ftse 100 off by 0. 1 after the index saw its biggest oneday loss since the brexit vote yesterday. This was in large part because of the strength that we saw in the pound sterling, but also the weakness in the mining stocks. Xetra dax is up by 20 points. Cac 40 hugging the flat line. Lets con
Hell drive down costs. With ceo ben then burden shortly. The r. B. I. Governor will not be drawn. This after leaving rates on hold today. We are less than half an hour away from the European Equity market open. It looks like a fairly fairly stolid a fairly solid start to the day. This is what you want to look out here. This is the percentage risk price. The ftse is liking a little bit. European isor looking up a little bit. A solid start for european stocks. We have solid gains across the board in asia. I am showing you only the nikkei and the hang seng. Some of the smaller indexes, especially in china overnight were negative and have now turned positive. Games and equity in asia, games and currency as well. The centralollar as Bank Leaves Rates Unchanged but gets a little bit more dovish and it leaves its main benchmark rate unchanged. It gets a little bit more dovish because it is not seeing the inflation that it would like to see. The pound up 1. 5 because of thin liquidity and high
Welcome to countdown everybody. I am live from london, this is bloomberg television. We are aware this morning that holding data is then with details of speeches have been canceled, on both sides of the Eu Referendum debate for a second day. This is of course in tribute to cox, alling of mp jo proponent for the remained camped. Markets theyll have been reacting to her killing, drawing their own conclusions about what this means for the future of the u. K. In the future within europe. Just a point out what has been happening to some of the betting odds around brexit, we have seen some of that coming down. That is as a continuation of the last couple of days mimissing te pound moving little bit higher. Radar,d be on the risk you can see how other Asset Classes have been reacting to the same news making its way into the asian equities at him. We see little bit of rally going on in equity markets this morning. A rebound as brexit risk as bing, an increase in the msci asianpacific index by
A lot of stock movements. We have shown you resources as there is movement you can see on the stoxx. Your stoxx 600 unchanged. Fed president s were talking about a possible rate hike in june and ruble at 66. 8. Lets get straight to the bloomberg first word news with nejra cehic. Nejra shell is trading lower bepite posting profits that analyst estimates that beat analyst estimates. 1. 18 billion. Inbev the Worlds Largest brewer said thirdquarter excludingse 3. 1 , shifts and acquisitions. Shares are trading lower. Adidas and will plan to sell its the company said it would keep its gold shoe and a peril and a peril business and a peril business. Has siemens has 20 to 2. 1 2ose billion euros. That is after an increase in demand for Energy Generating equipment offset a decline. Brazilian prosecutors have filed a 44 billion civil suit against the joint venture over novembers dam rupture that killed 90 people and poured and caused severe environmental damage. Credit suisse has agreed to sell