Bank rallied. Coming off record lows from the equity come this story has legs. This withill follow the former Philadelphia Fed president coming up in just moments. Later, the ceo of one of the largest u. S. Automakers, ford, will be joining us. A lot to look forward to. Jon, we are seeing a little bit rally. Of a relief that has been the story over the last couple days. Deutsche bank up on the session. Similar story on the ftse. The fx market, not much price action. The opec jawbone in overdrive. That story has legs. The commodity market is a little bit stronger. Brent up by 2. 4 . Almost streaking back to a 47 handle. Twoyear yields in germany, alltime low yield. Today, in a secondary market, worth 1. 5 basis points. Yesterday, negative, negative, negative, negative yields. Bonds are back in their box. Alix what happened to the yields backing up . That seems to have gone off the ledge. Lets check in with their bloomberg team. Guy johnson is in london having the latest on the Banking S
The markets, in the words of one of the most respected bankers is crazy at the moment. About a bounds, you see the headline. The biggest gain in four years. All of that off the desperation move last night. The spirit and desperation of Deutsche Bank. France has i think you are right. That is a theme we well explore today. Voters sent a message to the candidates of both parties. Two outsiders have won the first president ial primary. For the republicans, donald trump was an easy winner. John kasich was second. Sounded a familiar theme. We are going to make America Great, but we are going to do it the oldfashioned way. China, japan,o be mexico, all of these countries that are taking so much of our money away from us on a daily basis. It is not going to happen anymore. Benie Bernie Sanders Hillary Clinton by 21 percentage points. Together we have sent the message that will echo from wall street to washington, from maine to california. Is in the next primary South Carolina. May deploy troo
Just watching as this subcommittee meeting coming together. The hearing featuring the lead singer of u2, bono, and also policy and foreign experts from the u. N. Here. Meeting today to talk about violent extremism. Live coverage here on cspan3. Well hear from state department and u. N. Officials and among the witnesses, again, the lead singer of the band u2. All right, folks. Take a seat. This is what its like to be chopped liver. The subcommittee will come to order. Hearing today is on the causes and consequences of violent extremism and the role of foreign assistance. I would like to welcome our distinguished panel of witnesses. Demonstratety secretary of state tony blinken. Bono, lead singer of u2 and cofounder of one and red. General james jones, former National Security adviser, supreme allied commander in europe and president of the jones group international. And kelly complements, deputy United Nations high commissioner for refugees. Ill make a short opening statement. Let senat
Major overhaul coming for apple music to make the service easier to use. And they say that musician trent rezner has been brought in to oversee the redesign, and there are some clashes with jimmy iovine running his own negotiations. And so, the maps and the watch, and music, and sometimes the first inning is not the best inning. True. Im not personally a big fan and user of apple, but they do though have 13 million paying subscribers that is to my back of the envelope calculation is 1. 5 billion annual run rate, and that is pretty good. They are continuing to grow, but the service is pretty clunky and hard to use and not exactly great from the experience. And now, with this new position to take over the rein, and they will have more user pleasure as they try to streamline. And melissa, what about the lines of the hardware as opposes to the services . Well, it is important because apple has put a lot into it. They are putting a lot of marketing into it, and they have got at lot of star
Guy good morning. You are watching the pulse. We are right here in london. Im guy johnson. Europes Biggest Investment Bank, germanys biggest bank is racing for its biggest loss and a decade. Deutsche bank could scrap its dividend. Its boosting reserves for legal costs. Sounds like a bad thing. Ryan chilcote here with the details. We got a lot of bad news. It sounds really terrible. But stock is up. What is going on . Ryan the Immediate Reaction was negative. The stock is up. There is a giant competition going on. The balls the balls on the up. K the stock now why . A lot of people saying we thought when they did this announcement we were going to get a Capital Increase. The fact that the dividend is going to take a hit, is a do it is a positive. It increases the likelihood of a Capital Increase down the road. Analysts whonty of think a Capital Increase could happen here it happen. Ryan the second issue is take everything that was happening in the statement to the side, look at pretax p