This is what i am looking at. Most in europe give us the action today. Chinese exports seemed to be underscoring the resilience of the global recovery. We are also looking at crude, claiming climbing above 51 and record climbing above 51 a barrel. Bitcoin at a record. Lets get to the bloomberg first word news. Nejra European Central Bank Officials are considering cutting monthly bond buying by a half, starting in january. The program may be kept active for at least nine months. They said reducing quantitive easing for 30 230 billion euros a month is a feasible 30 billion euros a month is a feasible option. The president of the atlanta fed sees says he is not sure the fomc will raise rates in december. This quantifies a strengthening inflation. I think there is much more to learn about what is happening in terms of inflation dynamic. I would say that inflation is starting to pick up. Chinas overseas shipments rose from a year earlier, narrowly missing estimates. Imports rose. That resul
Be the next head of the euro g roup. President trump is in asia. , londonthat 9 40 a. M. Time. Lets get straight to your assets and this is what we are seeing in the markets. Aropean shares are edging little bit higher. Next trading overall. The dollar is coming under pressure. There is a concern that tax reform is slower than initially thought. President trump is in china on a state visit. He will have to watch any talk when it comes to trade. , after brexit137 talks deadlocked again. There is concern another minister will have to go in theresa mays cabinet. Here is nejra cehic. U. S. , democrats look to score a clean sweep in the elections. Will be the next governor in virginia, launching a victory in the state that is viewed as a key barometer of the party elections. Bill de blasio is projected to have easily won a second term as new yorks mayor. Republican tax writers have gutted a proposal to payments related to foreign affiliates. A 74 billiones revenue hold. The house wins and m
I am Francine Lacqua in london. Lots to get through. Politics filtering through your currency markets. First things first. Lets check in on your markets. Stocks down with the stoxx 600 down 2 10 of a percent. The euro slipping with most currencies against the dollar after draghis dumbest done vish message. At can see japan, the yen 111. 07 and the south african rand extending losses to a second session after the president jacob zuma survived a bid to oust him. Your data, but lets get to the bloomberg first word news with nejra cehic. Nejra the president at the st. Louis fed said the jury is still out on if the Trump Administration will meet wall street expectations. Some bullard said at point, the honeymoon period will come to an end and washington will need to deliver on policy promises that have driven the stock market. James the business numbers shot up after the election was perceived the president was perceived as more probusiness than the previous administration, washington does
Figure in focus as investors search for clues about the next fed rate hike. With the u. K. Election less than a week away, we speak to iain duncan smith. Good morning. This is bloomberg surveillance. Im Francine Lacqua here in london. Theres a lot of news today and that has loads of implications for all the data across the board. Lets get straight to it. Global stocks are up. The nikkei 225 stock average topped 20,000 points for the 2015. Time since this is mainly as private american hiring data bolstered confidence in the economy. We have to wait for that jobs data today coming through. This is what were seeing for pound, weakening a touch. Look out for pound. We are just seven days until that election, june 8. Yen, im seeing a little movement. 111. 56. Crude oil, we will be speaking to the opec secretarygeneral shortly. Lets get straight to the bloomberg first word news. Nejra we start in the u. S. The Trump Administration has asked the u. S. Supreme court to reinstate its travel ban