Anna welcome to the program, this is bloomberg daybreak europe. Were in the midst of earnings season. Nomura,numbers from Third Quarter Trading Profit ¥87. 7 billion versus 108 y. 4 billion the previous time. This is in comparison to same quarter the Previous Year rather than in comparison to estimates. ¥530. 6 billion. Revenue moving higher, brokerage commissions moving higher. Investment banking fees moving higher, Asset Management fees moving higher as well. So the Trading Profit moving to the downside. We seen from a number of angst concerns about fixed income trading. How much has retail and Investment Banking offset any weakness in that fixed income trading . Thats the question going into these numbers. Japanese stocks have been rallying. That could be one of the reasons weve seen brokerage commissions doing nicely compared to this time the Previous Year. Novartis, ande this is what russia has delivered. Inther dividend increases swiss franc. The core earningspershare is a ins,
The disney tv business is in retreat and the studio awaits a comeback, and a new shutdown showdown as President Trump says and get on, if it helps break the deadlock over Immigration Reform. Yvonne day two of the World Capital symposium in the conversation has changed in the last 24 hours as the market meltdown is questioning whether this is some type of correction or if we are even close to a bear market come but we went to the worst a of the dow on record to the best day in 2016. How real is the rebound . Volatility seems to be still here to stay. Betty that is right. What is interesting is that last month, only a few weeks ago, the great, all of economic rights, talking about global secret nice growth and the upswing, and in the market said no, not so soon. Delivered a reality check to anyone who seemed optimistic about what lies ahead. Were firmly bulls in place in u. S. Stocks and we saw the rebound, even though it was a volatile session. I want to get to romain bostick. We starte
Good morning, everybody. This is bloomberg daybreak europe. We will get into the big picture story in a moment. Breaking news. We are waiting for the Banking Sector to wake up with bnp numbers. Numbers coming through. Lets talk about what they have got to say this morning. They have decided to accelerate the pace of investment. Fourthquarter net interest income. That is ahead of the estimate of 6. 27. They have increased their mortgage volume income. This is a bank that is very exposed to the swedish Housing Market, of course. The impact of the slowdown we have seen in this Housing Market for this business is crucial. We have seen the biggest slump since the financial crisis, even as the economy has been growing faster than average for europe. Saying they see signs that pressure is easing on this Housing Market. Headlinerucial, the coming through. Manus we are officially in a correction. Falls by 2 from the high point. I said to you in the headline that the asian markets were careening
Welcome to bloomberg daybreak europe. Its just gone in a cup a. M. In amsterdam 8 00 a. M. In amsterdam. Fullyear operating profit beat the highest estimate, this is a bank which runs most of its revenue which runs most of its revenue from the u. K. Economy. To buffers of , 17. 7 , the dutch win right in line with what the analysts expected. What does this mean for dividends . The capital remains intact. The final dividend comes in at 80 euro cents per share. From . Did it come lets talk about metals and miners. Anna lets have a look at what has been reported. Remember our conversation with from blackrock management. Tinto fullyear underlying profit 8. 63 billion. They are giving us details on their net income and theyve added a Share Buyback of one billion u. S. Dollars in rio tinto shares. He said of the sector that many investors have been very patient through recent turmoil. This is the worlds secondlargest mining company. Materials had a good year in 2017 because of stronger Globa
Very interesting. It is an a 2007 low. 10932 a week euro down a 10th of 1 . The big points, today boys come out today. Of course, on greece, janet yellen finishes her testimony over in the states. He speaks in lincoln of all places. Across europe, it is on a sixday winning streak. We are not going to make it seven. The cat 40 is pushing high as well. In the equity market in france just to get some stock movement. The big news was the watchdog in the u. K. In the Telecom Industry keeping and i on this particular company and the possibility of a breakup. They might have to push out the opening. Bt group down by 2 10 of 1 . Stock goes up by about one third of 1 . Climbing the most in some five years. Up by 1. 2 . That is in europe, lets head out to asia to get an asian market wrap. Yvonne good morning, jonathan. We see out of this greece drama there are new bailout terms anything in the green as a closed on the trading day. Shanghai, what a volatile day. A fourday winning streak for the n