Euro to much better levels. I do not think they will do anything for the time being. A very warm welcome to bloomberg daybreak europe. In flagship show, from here the city of london, i am anna edwards. And imf miller in berlin. A lot to Pay Attention to throughout the day, especially when we look at currency moves. Anna i will talk about the dollar in a moment. The big story around aramco, will it be in new york, along with riyadh . I should point out, the saudis say aramco remains on track. That big story throughout our programming. Risk on has been the story at the beginning of this week. To what extent has that unwound the dollar last week . Making something of a comeback. The u. S. Dollar Bloomberg Index shows at the bottom of the screen. Risk assetsrally in at the beginning of this week, now pausing in asia. Chinese data, all three measures coming in below estimates. All cooling, versus the last months set of data. So much to learn, whether that is the bank of england rate decisio
Tot both have the potential get exit wrong. Or we can be grownups and find a way of making it right. Anna very warm welcome. I am anna edwards. Manus markets have a lot to digest. The beginning of the Federal Reserve meeting. It is the bottom market we turn to. This is how the Fund Managers are selling themselves in england to this meeting. You have the wipe out the way down to 2. 01 back up to 2. 2 . This is the net long positioning in the bond market. Fund physicians have dropped, they have cut their life positions, the at least bullish top year and just go to life. The Bloomberg Economic surprises sincee lowest levels 2016. Bond market yields were at 2 . There is a lot of whipsaw in the market. Anna not all that far, 2. 21 . Lots to talk about with the fed. And verycks diverting explicable when you look at what is going on with japan. The close catching up today, hong kong and south korea a little bit weaker. The overall picture is up be. It not tell us all that much about where we
Anna good morning, everybody, a warm welcome to germany decides, a special edition of our program. Im anna edwards in london. Manus im manus cranny. The hurdles have been jumped in the netherlands, france, and now germany. Brzeskis according to is that merkel could be a lame duck chancellor in her fourth term. This is the dax at the moment. The hurdles have cleared. Its going to be a chancellor and a Coalition Led by merkel. Discounts trading at a on the s p. Best september, the since december last year. The valuations on this chart aok as if the dax offers position of a value. That is what the chart suggests. About the biglk thing. We touched new records on Global Equity markets. Down a bit. Ific is radar, we have all our currency. It is a nice gauge of what we are on the coalition holding story globally. We had the u. S. Dollar against the japanese yen, the yen is down. Abe is going to call a snap election today. Could he push for a big stimulus package of 18 billion . The euro is in
Top conservative rival. It is 8 a. M. In dubai and 5 a. M. In london. This is Bloomberg Markets middle east. We do have geopolitical events taking center stage with the launch of the seventh north korean lipstick Ballistic Missile test. The bloomberg dollar index 0. 35 . On friday,ow u. S. Inflation data came in softer than expected. The mix still slumbering the slumbering, reaching 10. 40 on friday. Look at how u. S. A city u. S. Equity markets closed. Down,nes index also nasdaq was of the outlier of. 09 . Lets take a quick look at what is happening in this part of the world. Of the week of the week in the past, the last five trading days, lets chase him the key companies. Retailers, losses coming from insurance stocks. Level, we saw it being the best performer in terms of volume and activity. Upside, surprising sales with Earnings Growth as the rapid earnings season. Lets crossover. Brent crude, 15. 84 closing trade friday. A continuing build in this rig inventories. Apparently it is
Resuscitated be resuscitated . 30 minutes to go on till the start of the European Equity trading. What we are seeing as far as futures indications are red arrows across the board. Despite the fact that banks have beaten expectations, the tech selloff in the u. S. Yesterday continues through asia and seems to be hitting European Equity index futures. We are looking at a downdraft as far as futures are concerned. Good morning to you. He stands in the rain because he just came from his interview. More about that later. Lets focus on the market there. Revealing the weakness in the asian equity session. That is example five by the south korean, australia down by 1. 4 . The healthcare bill late into the night, Early Morning u. S. Time. That did not really weaken the market all that much. They are weaker already on sentiment around tech stocks because of what amazon told us last night. Lets bring you uptodate with what we are hearing on that healthcare story. Saying threemp is republicans and