S p indicated up fractionally. The nasdaq up fractionally as well overnight in asia, the nikkei ended higher it was up by 11 points thats still a win hang seng was up by a quarter percent. So was the shanghai composite. This morning and in some of the early trading weve seen take place in europe, modest advances actually things are relatively flat the cac is up by 0. 1 . The ftse is flat the dax is flat. Well see how things react as we get deeper into the trading day. Lets look at crude oil prices crude was down yesterday this morning its back above 50. 50. 7 5 50. 70 Hurricane Maria is lashing the islands, and puerto rico is preparing for a strike Steve Mclaughlin joins us now. From 7 00 p. M. To 1 00 a. M. , this storm had winds of 175, were down to 155 this is a strong category 4. The eyewall a bit bigger, now on land, mainland puerto rico we dont get an official landfall until the center of that eye crosses land. Here are the implications. 150mileperhour sustained winds, gusts to 1
Held up in april as Global Demand recovers. The forex reserves rose for a third month. Anna welcome to bloomberg daybreak europe. Manus Emmanuel Macron got the votes. The euro had 90 possibility that this event would happen. This is volatility overnight in the euro. You have things like the ecb. Yellow. Meeting is in it has dropped. Euro is down. Euro sterling is down, euroyen is down. Had alreadynagers covered sorry, they were already net long about this by the most on record. Buyn appalling phrase the rumor. Anna we do not know what the ecb will do as we go into june. We do not know how much of power makcron will have. Let us look at asian equity markets. At theng china come asian equity markets are doing very well. The chinese story is different. Down another percent on the chinese equity market. U. S. Stocks closing at a record. Jobs number was decent. All of that lifting the general sentiment but the chinese story is different. Billion loss in liquid chairs in the last month of a
X are preparing to ditch the u. K. At least the republican senator say they will vote to block the current version of their partys health care bill. What does this mean for tax reform . This is bloomberg surveillance. Mario draghi will speak shortly. We also have all your currency checks. Ecks. First things first, lets check quickly on your stock market. Global stocks, mixed. Investors believing an appearance by janet yellen. She speaks in london later today. They are looking to her for a close on the outlook for President Trump says the Supreme Courts partial revival of the travel ban is a clear victory. People from six majority muslim countries will now be barred, unless they show a genuine relationship with a personal entity in the u. S. The court will consider in october whether the executive order is constitutional. Republican senators will look to block the latest version of the partys health care bill. A new estimate from the Congressional Budget Office found the bill would leav
After the auto parts supplier warns of profits and free cash flow. Mario draghi defends his easing Monetary Policy as he warns about the risk of unwinding these policies too soon the ecba president will speak in a few moments time from sintra well bring you that speech live heres the latest on the heat map across europe a lot of red on the board. The latest in Bank Consolidation is that bankia is buying banco mare nostrum bankia plans to raise capital to fund the deal. A lot of red there except for bankia Banco Popular at zero. Schaeffler cuts its profit warning. They see the 2017 adjusted eby t ebi at 11 to 12 . Stada takeover bid fails the vote was close with support for the move falling just short of the 67. 5 required. The chief executive says the shareholders decision provides a mandate for the company to press ahead independently. Lets look at sistema shares theyre slumping after a Russian Court arrested some of its assets in an ongoing legal battle with rosneft. The country is s
Under no circumstances would i resign. Mark after last months shooting in orlando. They notify next of kin. They report released today says the rush to get to the scene, agents didnt bring the proper equipment. 49 people were killed during the june 2016 shooting at was the worst mass shooting in modern u. S. History. Local news 24 hours a day powered by more than 2700 journalists and asked him and analysts in over 120 countries. Im mark crumpton. This is bloomberg. Abigail live from bloomberg headquarters in new york. Joe julia chatterley is on assignment. Higher, butcks are the dollar is slumping after fed chair janet yellen and the euro higher after ecb president mario draghi. Joe the question is, whatd you miss . The storm julie ofld generate billions dollars in economic losses. Sanctions on venezuela with President Trump having to restrict the access to the Financial System but stopped short of imposing a full oil embargo. And if you are in the market to buy a home, rising home val