Raising the exit payment. Hitting 8,000. Matt . Matt lets take a look first off at futures where they are trading after the Coalition Talks here in berlin collapsed late last night, early this morning, depending on how you want to look at it. We see futures down across the board. We have asian markets down as well, but there are other reasons for that. Not the collapse of the berlin government talks. I think they had export numbers that were disappointing. See futures are down almost three quarters of 1 . If you take a look at other closely tied to merkels forming of a government, you see the euro coming down. This is a threeday chart. You can see how it traded after two days and then the collapse in trading this morning. The question is, is it a by the dip moment . Or do you see the trend may takeg down . This possibly weeks or months to clarify the situation on who runs germany. Guy . Bloombergs go to first world news with at ludlow. Mugabe shocked his country with a televised addres
Madrid want to dance . And the chancellors confession. Merkel reaches a cover must with her csu allies on a migration cap. Well make to the green party at 8 30 on the wider Coalition Talks. Matt we have a half hour to go until the European Equity markets open up for cash trading. Taking a look at the futures trade this morning, we see gains with the exception of the ftse. Tehe dax futures, the cac futures, up 0. 2 . Take a look at the bund trade here. Here is a chart of the last three days of the yield. It came up substantially yesterday and is now back down a little bit. Pesky462, the bunds stuck in a tough range. Guy there are two other big stories we are watching. The chinese market, bouncing strongly. The banks really reacting. We are playing catchup. We have had the golden week holiday, but we had that rrr story we were factoring in as well. The hong kong prices are getting priced in for bradley. The china market and the equity market, the upside, but on the downside, we have this
I am Francine Lacqua in london. Lots to get through. Politics filtering through your currency markets. First things first. Lets check in on your markets. Stocks down with the stoxx 600 down 2 10 of a percent. The euro slipping with most currencies against the dollar after draghis dumbest done vish message. At can see japan, the yen 111. 07 and the south african rand extending losses to a second session after the president jacob zuma survived a bid to oust him. Your data, but lets get to the bloomberg first word news with nejra cehic. Nejra the president at the st. Louis fed said the jury is still out on if the Trump Administration will meet wall street expectations. Some bullard said at point, the honeymoon period will come to an end and washington will need to deliver on policy promises that have driven the stock market. James the business numbers shot up after the election was perceived the president was perceived as more probusiness than the previous administration, washington does
prevails. And when push comes to shove people realize there would be an enormous damage, to both europe and Great Britain, should britain walk away. A warm welcome to countdown. I am an edward. Just past 6 00 in london. Manus will be joining us from dubai. Let us talk about what is happening in oil and stocks, a chart next to me that really encapsulates the relationship between these two asset classes, if you go back to the middle of last year. They have moved very much in synchrony. And of the oil price tending to move in lockstep, or least in the same step. Oil prices over 50 a barrel or the first time in six months. A oneweeks hitting high. But i should say that old has actually snapped its sixday losing streak. Not all good in the overnight trading environment. Lets talk about the risk radar. We have to feature the price of oil because we have gone on the brent price over 60, up high 7 10 of a percent. Theda, venezuela, nigeria disruption playing in here, as well as the drop we saw
(Bloomberg) Angela Merkel’s appearance at the Group of Twenty summit in Rome is almost certainly her last and she left nothing to chance, including a seamless passing of the baton that impressed fellow leaders at a time when some of them are struggling to move past their differences, big and smal