Trade talks. How long can the relief rally last. Cuts at Deutsche Bank. Jobs aser could slash part of its Restructuring Plan. Investment banking likely hit the hardest. European leaders pull another allnighter in the search for the next European Commission president. Is the momentum with the dutch socialist . This is the European Market open. We are less than half an hour away from the start of equity trading. Lets look at futures. No surprise after the g20, after the truce, after the huawei surprise, no surprise therefore we see european futures higher more than 1 . We are a picture as expecting it to unfold in the european session. Let us take a look at the asian session. Havens out of fashion. Chinese equity market up by 2. 7 . Of positivea result risk on news flow items. Most of it connected between the u. S. And china. We see havens very unpopular. The dollar surging. The japanese yen being sold. The dollar one of the gainers. The yeneeing sorry, being sold, also the euro under pr
Donald trump has become president elect. President elect talks politics with president obama. His transition website gives an indication he intends to stick to his promises on immigration and health care reform. Dow jones adding more than 200 points. Investors start to draw increasingly bright lines between the perceived winners and losers from a trump residency. Tech stocks selloff. The trump slump in the global bond market continues with losses now topping 1 trillion. The emerging markets rout deepens amid concerns about capital outflows. We round off the most dramatic of weeks with our guests in london and new york. Anna marshall from the British Chamber of commerce gives us the business view. Lord Norman Lamont talks about the future of transatlantic relations. And we will keep you uptodate with all the markets as investors find their way in the new environment. Lets get to the bloomberg first word news. Heres sebastian salek. Donaldnstrations against trumps election has continued