He says it is pelosi who refuses to compromise. And boston fed president Eric Rosengren says over eagerness to reopen the economy without containing covid19 has backfired from the United States. We hear from him at this hour. Manus it has just gone 6 00 a. M. In london, 7 00 a. M. Across europe. Arlsberg. They have guided for the full year, profits will decline by 50 . They had pretty guided a little earlier in july. That buyback is off the table. Organic profit will decline 10 to 15 for the full year. Firsthalf sales coming in at 28. 83. Firsthalf net income coming at 2. 86. Jeffrey is on a buy. We caught up with the anheuserbusch ceo the other day, he said china is back to normal for them. Is thek with carlsberg exposure to mainland europe. That is the top line. Up. Sche telekom, dial me never a fish ibitda comes in and 9. 3 billion euros. The estimate was it. 3, so it was quite upbeat on secondquarter adjusted ibitda. Analysts were saying they were expecting the virusinfected be lim
Welcome to bloomberg surveillance. I am anna edwards in the city of london. Lets start with a check on the markets. This is how we are doing on the stoxx 600. We did either side of the flat line trading and we are losing around. 1 . A little of performance coming through in the london market as you might expect when you have Oil Prices Going higher by 2. 2 because of the tensions between the u. K. And around in the strait of hormuz. That is the focus for oil traders and they are pushing out some of the oil related businesses listed in london. S p futures point higher. We are a little range bound on these Global Equity markets looking for guidance, looking for the continuation of the equity story. That will come later on this week. Earnings reports from the baking sector. Going to be a lot to talk about. We will be looking for the ecb and the Interest Rate decisions have to make. A little bit later on, mervyn king is going to be joining the bloomberg team. Dont miss that conversation. A
As to the longer rates narrative. Pets on a november fed hike rising to about 60 . Apple sliding the most in a month under reports of some government chinese agencies banning the use of iphones. We get japans travel outlook exclusively from the ana ceo who tells us that demand from china is soaring. If you look at u. S. Futures, it looks to be shaping up in a fourthdown day. The asia session could change that. We are early in the session. They are pointing lower. I just want to give that warning right now. It looks like we might see little bit more weight to bonds. Yields higher once again today after all of that data. Service is showing a lot of strength but also strengthen prices paid, which is perhaps the most troubling aspect of this whole thing. That adds to inflation. With oil prices assize they are at the moment, thats another troubling factor for those worried about inflation. Those include some fed Board Members and some fed president s including Susan Collins and jim bullard.
200 people around. And stocks open higher as u. S. Futures point to the green with the weaker than expected jobs reports boosts bets that the fed could cut Interest Rates soon. Atos shares receive restructuring offers. It will decide among the three offers. And xi jinping touches down in paris on the first leg of his European Tour with Emmanuel Macron set to get support for ukraine. Welcome to street signs. We open with breaking news on eurozone pmi. It was coming in at 51. 7. The flash read at 51. 4. We get the services pmi coming in at 53. 3. That was another upside surprise. The flash of 52. 9. It shows expansion in both areas with the eurozone. This follows the surprise when it comes to french pmi. Swinging from the forecast of 49. 9 which is in contraction and moving into expansion at 50. 5. Getting Italian Services pmi. Three surprises with pmi. Eurozone pmi surprising to the upside with composite and services. Moving on to the big story over the weekend. Warren buffett has used
Gast trend food city managed by from. Buy in dortmund like its a good thing its a favorite seems to have got all the best goals weve got all the action. Is the whole german football share the experience of every match in the Biggest League of the weekend here on g. W. Its official following a week long sell off wall street and as a Market Correction the wild swings suffocates sentiment in asia big falls for recordings today europe looks on in horror up. A contentious Pipeline Projects connecting russia and germany passes another hurdle that could undermine energy secure. In europe. I am with valentines day ahead when those flowers come from hopefully not this slaving cap meant in the u. K. And lets do business not only is this a Market Correction Swiss Bank Julius baer has labeled the u. S. Stock sell off the short volatility flash crash although everyones blaming sudden fears of inflation it reckons well never actually find out exactly what stocks the death spiral that triggered an Al