Welcome back, everybody. This is bloomberg daybreak europe. Welcome back to another trading week. We have a quick look numbers through from ryanair. 750 million euro Share Buyback in february. Thirdquarter revenue comes in exactly in line with the estimates at 1. 4 billion euros. Traffic up by 8 . At 129ve seen it million. Nothing enormously substantial. This is interesting. Some of this coming through in the numbers from ryanair. Fourth quarter fares will be up due to easter. The profits jumped into off percent, and they still see 2018 net profit at 1. 4 5 billion euros. Those are the headlines coming through. A lot of questions to ask in terms of employment cost. They finally recognize unions at ryanair. Little bit about that this morning. And how do they relate to the strong numbers we saw out of recently . We put all of that to the cfo of ryanair. Lets do a quick word on where we are in global markets. This is the big picture. The biggest selloff in global stocks in two years, and
Good morning, everybody. This is bloomberg daybreak europe. We will get into the big picture story in a moment. Breaking news. We are waiting for the Banking Sector to wake up with bnp numbers. Numbers coming through. Lets talk about what they have got to say this morning. They have decided to accelerate the pace of investment. Fourthquarter net interest income. That is ahead of the estimate of 6. 27. They have increased their mortgage volume income. This is a bank that is very exposed to the swedish Housing Market, of course. The impact of the slowdown we have seen in this Housing Market for this business is crucial. We have seen the biggest slump since the financial crisis, even as the economy has been growing faster than average for europe. Saying they see signs that pressure is easing on this Housing Market. Headlinerucial, the coming through. Manus we are officially in a correction. Falls by 2 from the high point. I said to you in the headline that the asian markets were careening
U. S. History. Anna a warm welcome, this is bloomberg daybreak europe. From the city of london, on an edwards. Manus and im manus cranny. 45 minutes will have a conversation with the Jaguar Land Rover ceo, with his first conversation of the day. Anna and will talk all things commodity related. What werement, reverted out, deal done on the debt ceiling. Release relief for the debt ceiling, its been extended. Basically, the extra premium you pay for your october tbill, up goes a risk for december. We now have december 15, line in the sand to get the debt ceiling extended. What is trump going to do . Back 17hat, dropping basis points. Less than we thought, the market is pricing in less gridlock in washington at the moment. I dont think anybody really saw it coming. Anna starting with the democrats. Was it what treasury wanted . Maybe not. It moved toward shifting the debate in time to just before Christmas Spirit we will discuss the politics and the Market Reaction as we go through this h
Welcome to bloomberg daybreak the flagship morning show. Anna lets get to the details. A beat in terms of the First Quarter net profit coming in at 1. 27 swiss francs. A comfortable beat for ubs. They are saying that wellplaced to benefit from any market improvement, but they are saying they have yet to see a sustained increase in client activity. This is something they have been struggling with recently. The rich to amongst put their money to work him a political and economic uncertainty. Well talk more about that in a moment. Well bring you the interview with the ceo coming at 6 45 u. K. Time. Manus cranny is on the ground ready for that. From zodiac this is a supplier in the Aerospace Sector in france. They are the subjects of a takeover offer. Theyre putting out numbers this morning. Talks continue with the view to completion. Yesterday we saw the stock fall as much as six and a half a report thating zodiac will refuse to be bought unless saffron makes a serious offer. Some fundurv
Challenge her. And negotiations with the u. S. Justice department are set to continue despite breakdowns in talks. Welcome, everyone. This is bloomberg daybreak europe, as we are naming our show here. I am and edwards. Anna edwards. Manus and i am manus cranny. This pink line shows you very positioning, and this is the inverse correlation S Performance and the rally of the mexican peso. Last e, the peso has lost nearly 9 of its value since the risk of trump. Anna it is different than last time, and that is because of the revelations over the weekend, the end of the last week, around the republican candidate, so as you said, manus, it pulls back a little bit. I would show you where we are on the mexican peso and where we are on the pound. This is as theresa may looks to build on understanding in brexit. The fed minutes are in play. You have got me mexican peso. The last time the mexicans onually intervened was february 20. You have also got canada on the move, and nymex crude is down. C