Le pen and macron go on the offensive ahead of the election. What is at stake. Manus a meeting of minds that milken, from u. S. Treasury secretary Steve Mnuchin to citadel ceo ken griffin. We will bring you a bevy of top interviews from the conference in l. A. Anna a very warm welcome to bloomberg daybreak europe, our flagship morning show from london. Manus a very good morning to you. A raft of things to consider. One thing that the bond markets are doing just before Steve Mnuchin gets ready for a bond bank. They piled in, they added the most long positions, despite they have added the most long positions on a week on basis. This is the First Time Since july hedge funds have been alleged across the curve. The question you have to ask theres always a good reason. Economic surprises were lower, so they had all the reasons to maybe want to get along, and then bang, the new. Lets bring up the risk radar, where we are on tenyear treasury yields. That was the longerterm picture in the shot.
Anna a very warm welcome to bloomberg daybreak europe, our flagship morning show from the city of london. I am anna edwards. Manus i am manus cranny. We have breaking news from one of the big banks in europe. Underlying profit comes in at ¥650 650 million euros. If you want to see a buffer of capital, these guys have got it aplenty. The underlying cost to income ratio, this is going to be good news for the market. It comes in at 60. 2 . This was one of the concerns at the end of the year. Their cost income ratio was rising. It came up to 65. 9 last year, the year before. Underlying profit, 650 million euros. They have a buffer of capital. Cost operating expenses, to income ratio, looks as if it is coming a little bit more under control. We will have the conversation chairman at amro 6 20. They join us in 15 minutes. The let us talk about state of risk. Volatility is rising again, but do not go nuts about it just yet. This is certainly reflecting in the way we were talking about the la
Is adent trump soninlaw focus into the russian meddling in the election. Investigators are looking into meetings Jared Kushner had with the Russian Ambassador and a banker for moscow. He is a senior white house adviser. Alloy or set it coast or will share what he knows about the meeting. The president met with the japanese Prime Minister before the start of the g7. They disagree on areas such as trade and Climate Change. Its believed the others wont gang up on him. To focus onng terrorism and issues where there is common ground. Global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries, this is bloomberg. David the president is completing his overseas trip. There are a host of issues for agreement or disagreement. He went to the heart of one of them when he talked about german car exports. He said the germans are bad, very bad. Look at the cars they sell in the United States. We are going to stop that. Matt miller is covering the challengi
Friday. Officials say the increasing number of displaced people and a in temporary shelters, many people are now at risk of disease. Abc news reports that police are reviewing security footage of a raciallyall motivated slurve that was spraypainted at the front gate of lebron jameshome. Authorities were also alerted this morning and Property Management removed the graffiti before officers arrived. He arrived in california yesterday to defend their nba title. That game is tomorrow night. Global news 24 hours a day powered by more than 2600 journalists and analysts, in more than 120 countries. I am mark crumpton, this is bloomberg. Julia live from the world headquarters, i am julia chatterley. Scarlet i am scarlet fu. Joe we are 30 minutes from the end of trading. Julia the u. S. Stocks slightly lower today as the banks are sliding. Joe the question is what you miss . Scarlet President Trump could make good on his pledge to leave the paris accord. Of course, what this would do for other
A very warm welcome to bloomberg daybreak europe. Im anna edwards in westminster. Manus im manus cranny in london. The question is of course, today is a critically important moment for the union. I am talking about the Democratic Union party from Northern Ireland meeting theresa may today. This is the linchpin of forming good government. Anna yes, indeed. Can theresa may get those 10 mps on site . She will need them if she wants to get her more controversial policies through parliament. Northern be seen in ireland as a onceinalifetime opportunity for Northern Ireland to influence the policy agenda, perhaps taxation and investment, and also influence the brexit conversation because they also wanted something that could be seen as a slightly softer brexit in terms of keeping open trade relations and keeping open the border between the north and the republic. We will talk all about that. We have a great guest to talk to us about that. Theresa may, focusing in on this d. U. P. Meeting, aft