China allows further tarifffree soybeans aheads. Of highlevel negotiations in washington next week. And we see a united front in europe. Joining the United States in blaming iran for last weeks audi attack. President trump is set to deliver his address to the General Assembly today. Morning. Welcome to the european open. The u. S. 10 screen year yield over the past three days. 1. 7 . It trading at watch out for another selloff in treasuries that would spike the yield higher. Remember, we saw on friday the , friday a up to 1. 9 week ago. Take a look at the futures this morning as well. Have gains across the screen. Even dax futures are up 0. 2 . Are going to get numbers in just about an hour and a half from now. Pmik disappointment in yesterday. Investors may be bracing themselves. Nonetheless, buying futures on the dax index. Mark cudmore, Bloomberg Markets life editor markets a live editor. Germany is heading towards recession. Brings, butisk it it is a major drag on the Global Econom
Markets. Futures a little bit softer. 500 futures 16. In europe it was all about the banks. Syncing over 60 in the First Quarter. Switch up the board very quickly. The aussie dollar thats the headline thinking by 1. 4 . The rba surprises with a rate cut. Renewed dollar weakness. Bit. Me back just a little in a commodity market, very much risk down by 1. 2 1 . Some crude related earnings as well. Matt just going through halliburton, seeing the loss widen. Four cents. S was it reported firstquarter revenue of 4. 2 billion. Unchanged in the premarket. To 2. 4s really widened billion dollars from a loss of 643 million in the same quarter last year. Pfizer reported firstquarter earnings that blew away analyst expectations on stronger sales on products such as a Breast Cancer drug. Earnings of . 67 and we were looking for . 55. Raising its fullyear outlook. Earningssee aig mr. Expectations missed earnings expectations. Mylan up on generic drugs. Starwood also beating estimates in the premark
May.20 A new report from Dow Jones suggests Israel and Hamas could reach a cease-fire as soon as Friday. The latest headline comes after U.S. President Joe Biden appeared to ramp up the pressure on his Israeli counterpart to de-escalate the situation on Wednesday. Bloomberg’s Simone Foxman reports on “Bloomberg Daybreak: Middle East.”
| UPDATED: 11:13, Wed, Mar 3, 2021
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Iranian leader Hassan Rouhani warned France s Emmanuel Macron in a phone call on Tuesday that Tehran was not interested in re-opening negotiations over the 2015 nuclear deal. Mr Rouhani told the French President the only way to restore the agreement with Iran was for the United States to formally rejoin the pact which was broken when Donald Trump withdrew in 2018.
Feb.23 Iran will begin limiting the amount of access UN inspectors have to their nuclear sites from today after weekend talks with the International Atomic Energy Agency led to a last minute compromise. Bloomberg’s Simone Foxman reports on “Bloomberg Daybreak: Middle East.”