Live. A commodities crunch. Metals and oils we on asian markets. Lets look into european trade. Of 570expects charges million euros. The ceo will unveil new financial targets very shortly. Are less than half an hour away from the open. Lets take a look at the equity index futures. Pointing down on the continent and substantial drops for futures, more than. 51 each. The ftse futures are all changed yields heading down, 33. 5. Guy mark carney is talking about stress tests, lets listen to what he has to say. No take needs to strengthen its Capital Position as a result. Informed by the stress tests and risk analysis we judge the Banking System can continue to support the real economy even in the unlikely event of a disorderly brexit. At the same time, we have identified a series of actions the public authorities and private Financial Institutions need to take to mitigate some major crosscutting Financial Stability risks associated with leaving the European Union. Irst scenario assesses str
Ipoint banks for the aramco and allows women to attend football matches. This is Bloomberg Markets middle east. I am yousef gamal eldin in dubai. Remember the handoff from the United States, gains for a fifth straight session. The european session was strong. We saw the biggest weekly advance since april. We are seeing risk assets continuing with strength into 2018. Outlook from companies will dictate the next move for indices. The u. S. Dollar weaker after pretty much snapping a set of declines. Youre looking at again story standing out. The yen up the most in a week after boj reduced purchases of superlong bonds. Yen slide is looking like a risk aversion team. S p futures a little retreat. Zinc futures outcome of the story around supply side risks, the squeeze around those stockpiles. Lets look at other key risk assets. We have a story on brent crude. Just above 68 a barrel, up 1 . U. S. Inventories have decline for an eighth week. U. S. 10 year study at 2. 49 . This is a story of tr
The new health bill scrapes through the house. Ant financial remains optimistic despite fears the u. S. Regulator will block the deal. Rishaad a new era of competition, the maiden flight of a plane designed and built in china. That allimportant jobs report about 12 hours away. Significance given the weakness in recent months. Series of promises by President Trump as to how many jobs he will create. Need to. 5 million a year to reach that target, projected by that green line. We are not there yet. It would depend on sturdy wage and salary gains. Trend has been losing momentum in recent months, but gains in employment in march overstated that weakness, revisions as well. Sixmonth average is a bit , 163,000 jobs. It doesnt compare to last year, 237,000 created every month. Haidi thats right. That nonfarm payrolls number what the market is focusing on, also six fed speakers, including janet yellen. Fromll get more nuance that previous policy statement, the weaknesses transitory, whether th
In central europe. Particularly, Cyber Security stocks are doing well this morning. Sally. And following that cyber attack, today we want to hear from you have you been affected what changes are you making as a result . Let us know. Just use the hashtag bbcbizlive. Hello and welcome to Business Live. Microsoft says a huge global cyber attack, which has hit more than 150 countries since friday, is a wake up call. A huge number of companies were targeted in the initial attack including spains telefonica, fed ex in the us, and germanys railway firm deutsche bahn. Europol says the attack hit 200,000 victims in more than 150 countries and warns more people and businesses could find they are infected this morning. The national Cyber Security centre urges companies to Keep Security Software patches up to date, use anti virus software, and to back up your data regularly. Nicole eagan is Chief Executive of Cyber Security firm darktrace, shes here in the studio. Good morning. Just tell us a litt
Trade. They simply Steven Mnuchin said the u. S. Deserves the right to be protectionist. Haidi i am haidi lun. This is daybreak australia. We are moments away from the opening of the first major markets. Etty i am betty liu we are looking at how all the action on wall street will play into the asiapacific trading day, kind of a whimper in how we ended trade on friday. Retail Sales Numbers we are looking at friday morning coming in and missing estimates for the most part, so we will get more data this week that will include numbers on the Housing Market that will lead to more clues whether or not the big consumer demand we have seen in the u. S. Driving the u. S. Markets, whether that is peering out or not. On friday we close down, the dow was down 20 points, the s p lower. The nasdaq composite pretty much unchanged on friday. Sort of a mixed, mixed session. U. S. Is in, and the this relentless phase of being range bound. Againatility, falling heard the 90, 93 lows. Is ifa, the big agen