We wrap up the moves and unforgettable second quarter. This is bloomberg surveillance. Im Francine Lacqua with tom keene in new york. I would suggest the markets want direction. Politicians in this country just want direction. The European Union is looking for a little bit of leadership. Tom i like what you did there with the end of the quarter. I do not realize that there is a Republican Convention in 18 days in cleveland. I do agree with you, we have almost lost track where we are in every institution. Maybe we will have some clarity. Francine mario draghi has not lost direction. Yes to look at inflation. He has to look at inflation. What central at banks need to deal with, maybe it is a little bit of the beginning that we are starting to see green. This is prebrexit. First lets get the bloomberg first word news with nejra cehic. Nejra in the u. K. , conservative candidates are making their pitches today to succeed David Cameron at the partys leader. The next Prime Minister, youre se
It is that we have a broken political system we are trying to understand. How did it get to this situation you have with the divided party and what are the repercussions in europe . We are just trying to figure out where it goes and what it means for us here in europe. Tom i totally agree and particularly nation to nation as may makes a visit to merkel today. Now to our first word news, heres taylor riggs. Taylor Donald Trumps son announced that he had the number of votes needed to win the republican nomination. His son says that as president , trump will not take no for an answer. I know that when people tell him and cannot be done, that is when he guarantees it can be done. When someone tells him something is impossible, that is what triggers him into action. Taylor the convention also nominated mike pence. There will not be any hard targeting when theresa may meets with Angela Merkel. Merkel has said there will be no concrete negotiations until the u. K. Triggers the clause. May and
Andeconomic data today again that look at the Second Quarter gdp will be a nice template to get from 8 30 new york time out to 10 00 a. M. In the headlines, and then to the yellen speech at 11 00 a. M. Francine we have gdp figures out of the u. K. It was breaking news. Pound a little bit stronger on the back of that. Lets get to work first word news. Southeast turkey, kurdish militants have attacked police. At least eight Police Officers were killed and 70 others wounded could all of this is according to turkish authorities. Resume violence resumed between police and meanwhile u. S. Secretary john kerry and Russian Foreign minister meet again today to try and find a resolution in serious civil war. War. Syrias civil turkey launched its biggest military operation in syria and trying to drive islamic militants away. In russia, Vladimir Putin has ered snap military drills Angela Merkel accused russia of breaking international law. Take has threatened to very serious measures after accusin
Inister moments ago. Caroline he is back to make an grem to put to the u. K. Voters. He will only do a deal if it is what britain needs. If get what is the u. K. Needs. The pound trading lower versus the dollar at the moment. Tom we welcome you to our first word news. A couplor headlines crossing bloomberg now about the u. S. Government. The u. S. Government memo shows world strategy to access phone data. The white house is having meetings on encryption. Well continue to update you on that. The meeting in brussels, the british Prime Minister is pleading far deal that he can take to british voters. Eastern european leaders dont ike his demands. Plans to protect londons financial industry. Rance is willing to relax pope francis is willing to relax birth pposition to control. The u. S. Says that defeating the Islamic State is the overwhelming prort. A new Bloomberg Politics pole shows that Hillary Clinton holds a commanding leevered Bernie Sanders in South Carolina. A 31 lead among africa
I want tovacation, learn from you and your guests in this hour what this means. I really dont understand the importance of boris of versus david. Francine is going to make me smarter this hour on brexit. We know that its uncertain. We know there is volatility, but no one knows how it will play out. Its a dangerous game. Says a limited ceasefire in syria may be within reach. To suicide bomb attacks killed at least 140 people. Islamic state claimed responsibility. The u. S. And russia have agreed on a truce. It would not cover terrorist groups. The u. S. Called up peace talks with north korea after the recent missile test. North korea had demanded that a peace treaty replace the cease fire that ended the war in 1953. The driver blamed for the killing of six people in michigan appears in court today. He will be arraigned for the killing in kalamazoo. Passengers inuck between the shootings saturday night. They appear to be random. Cruz are thend ted only candidates who can keep donald trum