We are seeing how this all fits into the focus with theresa may and whether she can work with the labour party in particular. We will be looking to talk about that with our brexit team here at bloomberg. We also have great guests coming up. David thank you very much. Lets get caught up on the markets. Alix here is where we stacked up. Equities have gone nowhere. Volume in europe is pitiful at the moment. I am looking at cable, not necessarily on theresa mays speech, but the chief economist at the boe will talk about where he comes down on the hawks vers us doves side. Selling on the margin coming down on the board. Crude goes down, 0. 8 . There is a risk of oil below 40 if opec does not shock and on the markets. David it is time now for your morning brief. We will get u. S. Job opening numbers and turnover for the month of may. And we will get the keynote address on normalizing the Central Banks Balance Sheet in new york city. Sell 123ury will billion in u. S. 10 year notes. That is al
Unchanged at the central bank seeks clarity on his policy. What that is being for the country currency . Talking about the yen with mr yen joining us a little later on in the program is eisuke sakakibara. Killed, after a spike on the fringes of europe. Is it too early to ring the alarm . Less than a halfhour from the european open, lets take a look in futures. Manus 00 matt matt futures for europe looking like they turned around substantially. Green across the board. Future sub. 2 . Dax futures rising marginally. The arrows greene after the drop in u. S. Cash rate, asian cap straight, and indeed u. S. Teachers are down. This is interesting that we see this turnaround. Could this be optimism on the banks this morning . We will do another on doddfrank, that is what the president had to say today. A lot about the financials as we work our way through the program. Another thing we are about is the periphery of europe. Yesterday was a really big day in europe. Kind of got buried in the news
Live on Bloomberg Television and radio. The threat to u. S. Airports from terror groups such as al qaeda an Islamic State is expected to grow because of instability in parts of the middle east and asia. Speaking at an aviation summit in washington, former Deputy Director of the cia mike morrell says the focus on fighting Islamic State has allowed al qaeda and its offshoots to rebound in countries like yemen, pakistan, and afghanistan. Morrell says that as Islamic State loses territory in syria and iraq, tens of thousands of its fighters who poured in from other countries will leave comments and some will try to infiltrate the united states. Egypts Top Appeals Court has acquitted former president Hosni Mubarak on charges of killing protesters during the 2011 uprising that ended his nearly threedecade rain. Ministerhis interior were sentenced to life in prison in 2012. But another court overturned the verdict two years later. The 88yearold ailing former leader lives in a cairo military h
We have been here before. A decade ago, wall street was riding high and producing dazzling booms and scandals. How do we make sense of what is going on in the tech world . Is the tech bubble about to burst . Joining me is max chafkin who is a writer for Bloomberg Businessweek who has been covering uber. President of a Global Communications firm, and william cohan, a contributor to vanity fair and author of why wall street matters. I am very pleased to have them all at the table. Max, i would like to start with you. One of the things that put uber in the spotlight is this extraordinarily video of released of travis in a cab arguing with an uber driver. This comes on top of the scandal when a female employee wrote a blog saying it is a sexist place to work. It is a combination of a pr nightmare for the company. Max it has been an extraordinary month for uber. You did not mention the delete uber campaign. That started in january. This video came to our beat reporter, eric newcomer, it was
Happened . This happened. I cannot really talk any more. I have to watch thing this. Mesmerized by it. Watch. Watch. Watch. He is gone now, right . Is down from the frozen depths. And, and, and, no. He made it. Wow. Bill just to char fy, that is not you . Reporter not me. [laughter] reporter tuesday was not a huge weather day with the storm that hit the east coast, but also a has toic day for east coast surfing. I when that air when i realized i made it. I completely thought he was gone. I was like, i just saw one of my best friends die right there. Reporter that is new jersey mill ocean city, post surfer, rob kelley, they are watching the now viral video of kellys amazing on Long Beach Island after tuesdays winter storm went through. This is surfline. Com, websites all over this world, dropping jally. I caught up up with kelley at the surf shop. Probably the best wave ry seen on the east coast and film. Right now, i am thinking it is going to be a close out, but a good view. Either wa