X boost. One amazon and alphabet also deliver results. Anna good morning everybody. Lets go to some of those. We getting numbers from sony. They had seen it at ¥630 billion. This is sony guiding the market higher. That is a forwardlooking statement. That tends to be where the market will focus. Ninemonthhe operating income and net income levels. Not only do we have these numbers and the guiding higher from this business overreach in japan, we have also had a change of management. Been told that the is cfo will be promoted to the ceo role. The ceo will be stepping up to the chairman role. Someone who is respected for bringing financial discipline to a business as a transition away from being fully focused on consumer electronics. As just talking there, the red headline there. In the auto sector, you have honda racing their outlook again. ¥775 billion. When it comes to the net income, another upgrade to guidance there. ¥1 trillion. Third quarter, japanese operating profits. The net nu
Thenst a prior reading from last reading of three point 75 . 11 of 25 analysts surveyed by bloomberg expected this would so this isto 4 , surpassing that. Lets see whats happening in terms of markets in the u. S. Now. , generally across the board we are in green. Three days in a row of green after two days of fallsb postrexit, locking in 1 or more for the s p 500 and the dow. We are inching closer and closer to recouping most, if not all the losses we saw postbrexit. The nasdaq is still the farthest from that. Look at whats been happening today intraday on the s p. Notrally speaking, a rise, really looking back at the start of the trading day, up about 20 points or so, 21. 5 points, up about one point 1 . I want to show you the imap function for the s p with the 10 sectors. A very broad rally. Yesterday, energies and commodities led. Today, not so much the case. Energy still 0. 6 higher, but in Consumer Staples at 2 and industrials not far behind, 1. 6 . Staples are leading because the
Away from the open. The brexit news crashing over us this time last week. Lets talk about how we will open this morning. The fair value points to another reasonably positive start to the session. Bythe moment, the ftse is up a half a percent. Thato, click this, and will give you the fair value calculation. England will have a rate cut within months at the tries to shield the u. K. Economy from the shock of leading the eu. Mark carney said he wont hesitate to act. He is considering a host of measures. It seems plausible that uncertainty could remain elevated for some time. There could be a greater drag on activities than we expected. Moreover, the effect will be reinforced by tighter financial conditions and possible negative spillovers to growth. Japan, another lackluster month for the worlds thirdlargest economy. Industrial output fell. And Household Spending stagnated. Inflation also fell from a year before. Andfacturers are confident held steady. The survey was almost wrapped up by
Welcome to countdown. Im anna edwards. Just pass 6 00. Bloomberg reporters are standing by across the world, ready to deliver the stories. Hans nichols is covering pfizers bid for astor zeneca. David tweed is in berlin covering airbus and earnings are breaking now for that business. Big with countdown for interviews. First, an exclusive interview live from the Goldman Sachs india idea summit. Who would hear from the head of International Asset management division, coming up later. Ceo, we will speak with the peter long, right after those earnings break at the top of the next hour. We will also get numbers from easyjet as well as insight into those numbers from the ceo of the lowcost airline. Be releaseds will in about 58 minutes. Sweetens planning to its bid for astor zeneca as the ceos of both Companies Face their first joint trial and the u. K. , testimony. Hans nichols has the details from westminster. Hans . Anna, good morning to you. We will find out after this hearing potentially
European headquarters in london. Im guy johnson. Were going to get some breaking news. The german Business Confidence coming out. The headline . S come through at 109. 7. The median estimates 110. 3. Lets take a look at how the euro is reacting to this. We have a situation obviously where everybody is watching carefully to see how the German Economy is going from here. Crucial really, the next step from the e. C. B. Dipping on the back of this one. 1. 3597. This is a survey, a mere gaugor investor sentiment. Well break it down for you in just a moment. The headline number certainly something of a miss. Of course it follows weaker p. M. I. Numbers. Germany and france yesterday. I missed that yesterday. A bit of a catchup. You poor thing. At least you caught some tennis. It follows the p. M. I. Numbers. Were more likely to seeing draghi moving toward full blown q. E. Lets get a breakdown about what the numberings tell us on the state of the German Economy. Hans nickels breaks it down for