Nejra welcome to daybreak europe. It has just gone 6 00 in london. An absolute earnings long on spot. The Second Quarter adjusted operating income comes in at 225 million euros. The estimate was 289 million euros. On the Second Quarter, adjusted operating income, that looks to be a miss. 225 versus the estimate of 289. The secondquarter adjusted operating income there at 305. The estimate at 289. Thats a correction coming through there. That secondquarter adjusted operating income is a beat. The initial number look like a mess. Miss. Secondquarter revenue. 2. 4 5 billion euros. The estimate was 2. 47. A slight miss on the revenue. To their ceo. Dont miss that interview at 7 30 a. M. London time. Deutsche bank, we are getting numbers from that. The big focus for investors is going to be the execution of the turnaround plan. If i could get to the headline numbers right now. Secondquarter trading revenue at 1. 6 9 billion euros. The estimate was 1. 7 9 billion. Givent a huge a prize what
In focus as we are dropping below or have dropped below 4 we want to Pay Attention to that the vix moving around 18 some Movement Something we havent seen in a while. When looking at the sectors, tech and financials which really the biggest laggards of course we have the big cut from moodys today we want to dig into the financials red across the board after the firm cut Credit Ratings for a number of these banks. 10 small and mid sized banks also put a number of others on watch. Im going to start, i believe you own u. S. Bank corp, one of the names on the watch, why are we seeing so much bloodshed today . Of all the concerns that moodys list none of these are particularly new this is old news. They should have come out in the First Quarter when we had the debacle with the banks youre seeing a shortterm reaction where you probably have a bunch of the you know, the computer funds thats what i was going to ask. Selling short on the financials you get the regionals. But all this was mentio
florida. algae blooms threatening the east and west coasts and what they are doing to prepare. and taking to the streets protests and clashes with police in france as the president moves to raise the retirement age. this is what we are watching at this hour. thank you for being here. i m kate bolduan and a milestone and potential troubling statement on a developing partnership of russia and china. xi jinping is traveling to moscow to meet with putin, and this is first trip since the launch of the war in ukraine. this is coming after cnn has learned that u.s. has intelligence that china is considering providing lethal aid to russia, and the u.n. has said that would kcross a red line. and turkey has said that their country would start the process to ratify finland s nato membership, and that is a significant move. nato requires the unanimous approval of its 30 members to start this move. let s start with will ripley on this trip that xi is planning for his trip to russia?
Brand news fox poll here just been released. Donald trump leads the gop pack. Take a look at this. Thats a new high for donald trump. 26 coming in second and jeb bush 15 . Walker falling there. That has to be alarming for his campaign. Speaking of being alarming, though. Take a look at the democratic side. Hillary clinton remains on top for the party. However, her popularity is plummeting. Shes down 10 points for june. And democratic and Fox News Contributor jessica ashes a democratic strategist and tammy fox news political contributor. At me peep i follow your tweets and even you seem to be warming up to the donald. Well, look, he is over the last couple of days hes actually struck what i think is a more moderate tone, which are has been very interesting to me. He sounded a little bit more president ial as opposed to a bit, you know, kind of showmany in a sense. This new poll i think is reflecting that. One of the most striking dynamics i would note here is the percentage of people wh
At an alltime high. The company has lost more than 40 of its value since christmas. Commodities come back. Run materials are said to snap a fiveyear losing streak but can the rally be sustained in 2017 . This is the european open. Were half an hour away from the european open. The second to last trading day of the year. A weaker session in hand when we get there. Asian session was positive and only mildly so and there was a negative story coming out of tokyo. Perhaps that is captivating investors minds in europe. 8 of anese currency up percent against the u. S. Dollar. We get a glimpse of some of those moves, the nikkei down by 1. 3 . Following weakness in the u. S. As well where we saw the s p under pressure, down by. 8 of a percent. 2. 3 . The dow falling yesterday as well by more than 100 points further away from that 20,000 mark. U. S. Futures looking sluggish fairly flat, i should say. The japanese yen is on the move as well. Of ahe end up by. 8 percent. Looking some nervousness c