And Boris Johnson. There is a lot going on in the markets we are also getting a little bit of news from italy with the new government being sworn in. Can see the pound is what we are watching out for. Overall, there is a little bit of a risk on mood when it comes to the markets. Back to the Italian Government. The one that we need to watch for is the new finance minister. Were seeing the cabinet sworn in with the same Prime Minister, that is conte. Lets get straight to first word news. China and the u. S. Are holding the next round of trade talks in early october. Thats according to the commerce ministry. They confirmed ministerial level talks in the next week but did not specify when. The two sides are trying to end the trade war but there is still skepticism on both sides that any Real Progress can be made. Hong kongs chief executive carrie lam says withdrawing the extradition bill is only the first step to address the unrest in the city. She also says the decision will be made indep
Seeing a little bit of a pause. But if you look at the stocks europe 600, a little bit of poor data out there and the prospect of more dovish appointees to the fed. Im also looking at the with the nomination of Christine Lagarde take over the ecb. All of this with euro area june the services pmis, a touch better than i expected. But pmi in general has been disappointing. The u. S. 10 year yield is below 2 at 1. 95. Overall, quite a big move from yields. This is what is coming up on surveillance. Dont miss our interview with loretta melzer talking inflation and treasuries. First, lets get straight to first word news. Waller and judy shelton are present trumps latest nominations to the Federal Reserve board. Of researchrector and was the professor of economics at the university of notre dame. Shelton is an informal adviser to the president and spent decades outside mainstream economics. Her unorthodox views could attract opposition. The Trump Administration abandoned its hardfought battl
Investors, waiting, chomping at the bit after the feds announcement on Interest Rates a little later. An Interest Rate hike is forecast. 2018 the expectation for and 2019 that will be in focus. The bloomberg dollar index, in the wake of the Alabama Senate election, falling today. Down by about 0. 2 . Crude rising ahead of key stockpile data. Marketsp, we will talk with christian nolting. With lapos elkann and Dennis Gartman. Sebastian the European Union againsted the u. K. Rollback on the agreement they have made last week. Michel barnier says britain cannot try to unpick the deals they made on friday. Still, europes leaders are planning to hand the u. K. A carrot for future relations. Former french president Francois Hollande says hes is a possibility for britain to strike a trade deal, but speaking exclusively to manus cranny, he cautioned that there are certain red lines. Eresident hollande a trad agreement is always possible, but it needs to be clear that it cant happen at any cost
We are without the United States. President s day in the u. S. That means a lot of participants stateside but we also see reduced trading over the Asian Session as well. We saw the asian equities session with the nikkei moving higher, 1. 8 . A little higher a little harder to make any headway. More will get to more that. Our focus on what we are doing in europe because without the United States and the chinese and hong kong markets are closed. Thats get the first word news update. President trump spent the weekend criticizing everyone but russia for meddling. He tweeted 14 times over 24 hours criticizing the fbi, democrats and special counsel Robert Muellers investigation. They came after his sweeping indictment of 13 russians for allegedly leading social media efforts to attack trump rival, hillary clinton. In florida, students at the high school where 17 people were shot and killed are speaking out or gun control. They plan to organize antigun violence marches for next month. In the
Surveillance. Lets check in on your markets. You can see the stoxx 600 pretty much flat. They are down a touch, but pretty much unchanged. We did see a nice rally that started in the u. S. Filtering through to asia. Oil advancing. Havea reminder, we may little trading volumes because it is president s day in the u. S. And Chinese Markets are closed after the new year. Coming up, we speak to the former italian Prime Minister. That is coming up next. Then we talked to Credit Suisse. We talk sustainable investing. Later on, we talk bonds, the selloff, and what is next in the markets with andrea silverman. Lets get to the bloomberg first word news. Nejra u. K. Prime minister theresa may and her ministers gather on thursday. May seeks to unite the factions in the cabinet. It is becoming clearer that the u. K. Wants to stay close to the union in some areas while breaking free in others. Employment numbers are scheduled for monday. Imports exports and both registered strong gains in january.