Activists suffer a setback. Upset downs of the earning seasons. There a positive ups and downs. Obviously with a company that there are things it goes through. The beste conversations to bring you, worldwide. Youe are trying to bring what is possible. Were trying to find a way to protect local jobs. We need to change the model this is all straight ahead on bloomberg best. Hello and welcome. Bloomberg best which is the weekly review of analysis from Bloomberg Television around the world. As markets opened on monday, investors try to make sense of a shakeup in saudi arabia. The crackdown in saudi arabia, the crown prince was summoned over the weekend and has effectively carried out the arrests of princes, billionaires and officials. The purges in the name of a sweeping anticorruption drive. Uncertainty for those in the region. This is a scale of what has been done. Are top names across industries that have been arrested on the basis of corruption. It also raises questions as to whether t
This is bloomberg surveillance. On the show today, we are joined by the global head of g10 at bnp paribas. Well get to them and the second. First thing is first, lets quickly check on your data. This is the picture for stocks. Now, investors are trying to be in a Holding Pattern ahead of the Federal Reserve meeting next week in which policymakers are expected to raise Interest Rates. A key function on the bloomberg terminal. It gives me a 99 probability. 200 probability of a rate hike but who knows . On the back of that, the stocks 600 practically flat. So, stock have been fluctuating. Asian shares climbed after we had this import figures. Treasuries edging low and the Dollar Strengthening and watch out for pound. 1. 2167. Rsus dollar nejra it is a merge that donald trump met last april with the Russian Ambassador despite claims he had zero involvement with russian officials. Attention to his encounter with him resurfaced after revelations of five members of his Campaign Team had conta
Imagine this may impact the trade volumes we will see on the new york stock exchange. First, lets get to the bloomberg first word news. Heres emma chandra. U. S. Senate republicans think the party should we plan its plan to replace obamacare after the Congressional Budget Office says more than 40 million americans could lose health care. By 2026, the number of Americans Losing Health Coverage would rise to 24 million. Prime minister theresa may is about to start the formal process of leaving the european union. Parliament signed off on a bill to trigger article 50. Chinas economy held its momentum the first two months of the year. Industrial production was up 6. 3 from a year ago. That was slightly less than expected. Part of the eastern u. S. Is prepared to be buried in snow. Half ofe foot and a snow is inspected in new york, and it is already falling. Schools have been closed. More than 5000 flights were canceled. And german chancellor Angela Merkel delayed her trip to washington. Gl
Resign following his firing of the finance minister without Consulting Party leaders. Nejra ive got the imap on the stoxx 600. You can see the stoxx 600 has taken a bit of a turn to the downside. Fallingustry groups than gaining, and intels providing the biggest lag, down 1. 2 allah by consumer discretionary. On the upside, materials were gaining earlier, but they are pretty much unchanged now. We are seeing quite a lot of red across the wheel, even Energy Stocks are down. 4 . This comes after three quarters of gains for the stoxx 600 but it looks like we are heading into negative territory on the first trading day. I want to look at sterling. Butre seeing some weakness, we keep talking about shorts building up in the sterling trade. Totalhows a percentage of speculative positions and it shows the markets bearish tilt has been more extreme in the past. Is courtesy of one of our first word strategist. Here, i want to take a look at the german yield curve because if you want to know how
Number of passengers. We hear from the ceo on its latest earnings. How about a look at european equities and trading. Something quite unusual happened. European stocks are rising after falling for nine out of the last 11 days. Two of the other days, the stoxx few we haveanged not risen 11 days. Look at these currencies falling against the dollar. There is a second column. Corn yields rising in europe. Periphery yields falling. Gold the ultimate safe haven is falling today. Day after Hillary Clinton was absolved a second time by the fbi. Interesting news in the currency markets. Positionhe net short of sterling against the dollar. The pound falling for the first day in seven after the longest winning stretch since marx. Since march. This is after the high court rolling that ruling that theresa may had to trigger article 50. Ryanair in the news today. The lowcost carrier shares rising as much as 6. 3 percent earlier since july 25. It plans to buy back as much as 550 million of stock afte