Do with the manufacturing reports. But not much movement. Olivia a big earnings day with 30 S P Companies reporting today. Earnings numbers are coming in pretty mixed. A little more action in the currency market that is pretty much flat also. , the dollarndex dropping from a fourmonth high and the euro a little stronger but under 1. 10. Perhaps the real story is the the royal bank of australia left benchmark Interest Rates unchanged. Little movement on oil prices, perhaps a rebound from yesterdays selloff, but a commodity driven currency like the aussie dollar and canadian kurt the taking a hit in recent months. More Health Care Companies are making deals. Today, one is excepted while a much larger one is being turned down. Team Health Holdings agreed to aboutc health care for 1. 6 billion. It represents a premium of 37 over ipcs Closing Price yesterday. Team health says it will expand their ability to staff hospitals with qualified doctors. Billion offer by shire is being ignored. The
To buy the company for about 30 billion. Down es of shire lets move on to oil and gold today. All in the green. Nymex crude up 1. 8 at 4602 46. 02. Betty a check on how the bond markets are trading right now. Treasuries are falling on speculation that inflation will rise toward the fifth 2 target. Feds 2 target. Puerto rican bonds taking a dive. That is year to date, down 11 . Meanwhile, in the currency markets which have seen their own fall off, the dollar is falling from a fourmonth high. It is still stronger than most of its major peers. Lets get a look at the top stories at this hour. Shire making an offer to buy x axalta. For 30 billion in shares. 36 represent a premium of and valleys the stock at 45 per share. There is no deal on the horizon right now. Alta has failed to engage in substantive discussions. The company agreed today to buy ipc health care the all caps deal is worth 1. 6 billion. It were presents a premium of 30 percent 37 over the close yesterday. Ability toand its
Be the next head of the euro g roup. President trump is in asia. , londonthat 9 40 a. M. Time. Lets get straight to your assets and this is what we are seeing in the markets. Aropean shares are edging little bit higher. Next trading overall. The dollar is coming under pressure. There is a concern that tax reform is slower than initially thought. President trump is in china on a state visit. He will have to watch any talk when it comes to trade. , after brexit137 talks deadlocked again. There is concern another minister will have to go in theresa mays cabinet. Here is nejra cehic. U. S. , democrats look to score a clean sweep in the elections. Will be the next governor in virginia, launching a victory in the state that is viewed as a key barometer of the party elections. Bill de blasio is projected to have easily won a second term as new yorks mayor. Republican tax writers have gutted a proposal to payments related to foreign affiliates. A 74 billiones revenue hold. The house wins and m
Health and human services. More announcements today. Lets look at where European Equity fund trading now, under 30 minutes to be close at a very different picture from yesterday because we have been seeing a italian banks rebounding, pulling up the ftse and giving lift to european stocks overall. European stocks are still hovering near the lowest level in more than a week. A little bit of thin trading ahead of this referendum and the head of the opec meeting later this week. , italyse equity space ftse makes up 1. 9 , the cap 40 in france at 9 10 of 1 and greece up more than 1 , the euro stock of empty weakness in the ftse in the u. K. , the ftse 100 down some 6 10 of 1 . The u. K. , starting at 7 10 of 1 . We saw this brought below 124 earlier. We will break down the moves later. 6. 20uro unchanged, one of 106. 20. The 10 year yield in italy down 10 basis points. Yields are coming down elsewhere in europe. And how the 600 sector breaks down, overall, the benchmark of some 1 10 of a pe
Signs of Financial Stress and china are driving up deposit rates for its risk. Ds global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. This is bloomberg. Crucial opec talks eating underway in the talks eating underway in the anna and we have a mixed picture. Shanghai seems stronger and the yuan a bit stronger say. This is bloomberg. Emily you are watching bloomberg technology. Ireland has its youngest billionaire. Focus on energy week continues. Runill ask the ceo of sun it donald trump with the Clean Energy Industry in danger. Donald trump has chosen elaine chao to run the department of transportation. It will give her oversight of an industry that has seen record ety recalls and efforts to self driving cars. We are at the early stages of a revolution in education technology. Automobiles and realtime. We want to make them safer overtime. Emily what does the 20 twice of a lane what does the choice of elaine chao mean. Kevin, lets st