The european equities failing to. Arry on that rally you are seeing france down 6 10 of a percent and the dax in germany down 6 10 of a percent. The ftse 100 down 7 10 of a percent. You are seeing some broadbased losses, but also if you look across the Industry Groups, most Industry Groups losing on the stoxx 600. The biggest losses coming from carmakers and household good companies. You are seeing Dollar Strength with a little bit of a bounce back from that threeyear low. Cable on the back foot at 1. 3992. Euro strength against the pound is what we are seeing, but a bit of Euro Weakness against the dollar. Look at what is happening in fixed income and you can see yields moving higher in the core and the periphery. The 10year bund yield up. Yields moving higher. Also, oil moving higher. Wti above 62 a barrel. Some of that might have been down to the dollar weakness. Lets check in the bloomberg first word news. Jessica summers has more in new york. Jessica President Trump is open to imp
This is bloomberg surveillance. Final trading day of this week. Next week is a shortened trading we cure him london because of the main bank holiday. May bank holiday. Also on track for the Third Straight monthly advance, which is the best run since may 2016. Investors buoyed by the first round of the french president ial election on sunday. The next one is next sunday. Strolling up against the dollar. The best run since december. Highest since september last year. The best run for a month, also gaining for a second month. Gdp data at half past. That stopped sterling in its tracks as gdp comes in line with estimates, relative to the prior quarters. Today gdpr could see the economy expand at 1 annualized. Historically, the First Quarter has been week. Will the rest of the year make up for it . Will there be a shutdown, to name one issue . Trumps tax plan renegotiating. Geopolitical risks. Crude today is up, below 50 after a rally in the first half of april. Oil is set to end the month b
Equities are trading right now. 30 minutes until the end of the thursday session. The biggest earnings day in 20 years, so says our guests were talking to him about 20 minutes. A lot of Companies Reporting earnings on both sides of the alleged it, 85 on the stoxx 600, 3 trillion worth of value reported earnings today. Love to chat about today on the earnings front. Operations rising to the highest price, highest level since the start in 2014. Pay down debt, boost profits. Secondquarter profits showing response to the worst industry slowdown in a generation such as a takeover of bg, is paying off great rising earnings, falling debt, easing concerns about the companys ability to maintain dividends. A barrel. Run 50 shares up almost 1 today. Lets get to mining companies. Anglo american shares up by almost 3 , going to pay its first dividend since 2015. Its going to pay out 40 of its first half unerlying to shareholders. Six months ahead of schedule as it looks towards growth rateap index
Topix slipping. A little bit of a weakness of feeding through. In terms of the dollar comest ready after a twoday decline. Taking a look at the 10 year treasury yields. Treasuries recovering a little after thursdays decline. Yieldrs yield 10 year down one basis point. Global stocks on course for their best week since january after the feds dovish hike and after the results of the dutch elections. Volatility coming down. Moststoxx 50 dropped the in yesterdays session. Nikkei volatility, dropping to the lowest since 2014. As investors turned their attention to the g20 summit, the bloomberg belly index steady today that heading to the biggest weekly loss since early february. The treasury yields bounced back from the initial slide. This spread between the 10 year treasury yields and the bloomberg dollar index at the widest in four months. Is that a sign that the dollars retreat may have gone too far. What else may have gone too far . Has oil followed to far after breaking below 50 for the
The equity boards. This is a picture for your. We are seeing gains across the board. This is a picture for the ftse, 1. 2 . Italy, the european banks gaining quite significantly on the back of the funds that were created just about 12 hours ago. Onto the second board. Yen,t to show you dollar one away. 95. It was significantly higher 108. 95. It was significantly higher. President zilians vice is joining a plan to form a transitional government. Votea crucial impeachment oning on sunday, he plans spending his capital on reforms that would stem the worst recession in the countrys history. Business groups from some of business some of british biggest the Prime Minister will meet employees groups from u. K. , germany, france, spain and the netherlands today as well as the heads of businesses. Internet connected could be target for hackers, potentially including terrorists and hostile nations. That is according to a top u. S. Justice department official. Vehicles havere built inside the se