Mark welcome to surveillance, im mark barton in london. The stoxx 600 is up by 0. 9 , rising for the fourth day in five, contract for the best week since december, 2016. The european gains surging 2. 8 . Year, coming. S. 10 down today, breaking below 2. 9 , is where we are today. We closed above 2. 9 percent yesterday, the highest level since december 2014. Today, export and import data. Spot indexrg dollar is lower today by about 0. 25 . Sincee lowest level december 2014. A growing number of economists forecast the fed will step up the pace of rate increases. The u. S. Twin deficit becoming a likely catalyst for a new wave of dollars selling after a brief respite, i say a brief respite in february. This is coming up on surveillance today. We talk with the chief executive of metro bank. Withr, we talk the 10 year ylagos. Mateos taylor riggs joins us from new york. Reporter the u. S. Senate has blocked four immigration proposals, leaving a bitter impasse over how to protect 1. 8 million
Behind some of cinemas most iconic movies including blade runner, the italian job and the deer hunter about his career, the latest blade runner film and the culture in hollywood. Do get in touch on all the stories were talking about this morning use the hashtag victorialive and if you text, you will be charged at the Standard Network rate. Our top story today, an inquiry into e cigarettes has been announced by mps, amid concerns there are significant gaps in what is known about them. Everything from their impact on human health to how their consumption affects the nhs and economy will be examined. Our health correspondent, nick triggle, reports. The popularity of e cigarettes has soared in recent years. Nearly 3 Million People in the uk now use them, according to the office for National Statistics a fourfold increase since 2012. This year they were even used in the annual Stoptober Campaign for the first time. Despite this, they are not officially prescribed by the nhs. Advisory body n
Good morning, everyone. This is bloomberg surveillance. This hour, we are joined by the global head of strategy at martins family Morgan Stanley. We also talked to the current coo and soontobe ceo of the bank of morreale. In the meantime, we have a little bit of breaking news. Pmi out of the eurozone. This is exactly what we are getting. We are looking for a little bit of euro reaction. Pmi falling to 55. 4. And little bit better than expected. Not as strong as the month before, but they have been revised upward at 54. We were expecting 53. 7 figure. These other markets over all. We are seeing a little bit of a risk reversal. This after the u. N. Is set to meet on the north korea threat. What it means for the markets is yesterday there was clear demand, but today not really phasing the yen. Gold is down a touch or pretty much flat. Stocks seeing small gains, gaining 0. 1 . We will have plenty more on the markets but lets get to the first word news. Bank of england policymaker says u. K
Of parliament in westminster. Plans to make britain an independent, sovereign nation will be published this morning just one day after theresa may started the process of brexit. The great repeal bill will outline how the government plans to repatriate more than a0 years worth of powers from the European Union and convert thousands of eu rules into british law. Yesterday, theresa may described britains departure from the eu as an historic moment from which there can be no turning back. Eleanor garnier reports. Cometh the hour, cometh the moment, in westminster, belfast, edinburgh and cardiff the exact moment the uk took a new and different course. This is an historic moment from which there is no turning back. The letter, hand delivered by our man in brussels, telling the eu we are on our way out. Written in a deliberately conciliatory tone. But a hint, too, of the steel in mrs mays stance. No overt threat to walk away, but a serious warning, as she wrote a failure to reach an agreement
Theres a lot on the table. You think about autos, agriculture, infrastructure. Theres a lot of stuff here where xi jinping and President Trump will try to find some Common Ground. This has been one of the more tense relationships as far as foreign relations. Scarlet President Trump spoke with taiwans president shortly after he won the election because that broke a Cardinal Rule the recognition of taiwan and taiwans leader as an equal. China reminded him of that by telling him by not speaking to him for a couple of weeks. Tocalled president xi reaffirm his position on the one china policy. Lets get you to Abigail Doolittle with a check on the markets. Less than two hours to go before the close of trading. Abigail gains in the major averages. The dow, s p 500 and nasdaq all up. 3 or more. This comes after the bearish reversal yesterday. We are starting to seeee more volatility. We had the big selloff more than two weeks ago. Volatility usually breeds volatility. Todays calm may not last.