Well. How it the euro is performing. We are at one dollar 1016. The emergency button. We are trading 2 lower. In terms of concern. It has been seen as a haven. I want to look at the u. S. That. Money u. S. Debt. Money moving into treasuries this morning. Chinese bonds have been rallying. Similar in japan and germany. We are looking for that safety right now. Money tentatively starting to go back into italy. Hope that we might see some sort of deal struck in greece. Finance ministers talking about all of this. Let us look quickly at all of the stocks. Barclays up 2. 6 . Euphoria potentially did when barkley comes out with his earnings, it may benefit. Potentially more restructuring to come. John mcfarlane immediately making this changes, deciding to get rid of the chief executive Antony Jenkins. He will be the interim ceo. This particular drug maker higher. Done by 3 . Down by 3 . They reduce their forecast for organic sales for the year. Downgrading their forecast. Down goes the stock,
Stephanie you have been watching a moment of silence in brussels as the city begins three days of mourning. The attacks yesterday have so far left a total of 31 people dead and 230 injured. For the latest on the investigation, we are now joined by bloombergs ryan from brussels. Yan, give us the latest. Ryan well, were learning an wful lot from the people who started the attack. Police apprehend adamant that is the mastermind of the attack. He is a 24yearold of an individual. Going into today, he was in syria in early 2013. And then a very minimum, he was an associate of one of the participants in the terrorist attacks. So as we look at the belgian and french Prime Ministers there at the mourning ceremony for the People Killed here in brussels, you can bet that they will be also talking about how they can better coordinate to make sure there are no more terrorist attacks. Stephanie while clearly today is a day of mourning in the city of brussels and across europe, as far as business goe
Let us talk about what is happening in commodities. Guy the world feels a little more empty in terms of the glass halffull argument. A lot of pressure in global trade, numbers out at the moment talking about navigating the challenging market. Down, talking about china being a difficult place to. Anna better than estimated net levels, but the china comments are interesting. Growth is expecting, but as a slower grace. Guy aluminum trading in a down side, probably the most key oil. Dity copper, this is the price. I made this chart here for you to show you what is going on. Oil is trading at a key level. Gotas the financial price down to near 40, that is when i rock invaded kuwait. In the sand,ine using trading back down towards it. Will we bounce back off of it . Yes, history will tell us that. Nevertheless, we have been down at level since the crisis. Opec and u. S. Producers playoff of each other, so much of the story about the falling price of oil. It is been about the u. S. But opec a
This is bloomberg surveillance. I am Jonathan Ferro in london. Attention, brazil and japan. Roubini was right. Everybody laughed when professor 5, as youid qe 3, 4, know from your conversation with the bank of england yesterday, more qe seems to be the order at the end of the year. Jonathan more from tom in a moment. Vonnie quinn standing by with news. U. S. And russia have signed a deal to avoid aerial accidents over syria. Aircraftment regulates and drone flights. The Usled Coalition has been bombing targets in syria for over a year. Russia launched airstrikes three weeks ago. Paul ryan says hes willing to run for speaker of the house but conservative republicans are balking at some of his demands. Ryan, chairman of the ways and means committee, spoke to reporters. Everis is not a job i have wanted. Im at the job i have always wanted. This is a dire moment not just for congress but for our country. I think our country is in need of leadership. Vonnie one of ryans demands, he wants ao
Italy, there is a real risk aversion across these markets. That is the view coming through. Putin has moved to issuing a clear threat of retaliation. Markets in the ruble are set to trade lower. Towait for u. K. Industrial come out. The money out of equities is going into the short and of a protection zone. You see to your government bonds drop. Lets take you a little bit further to the 10 year government bond. Ou are seeing yields decline you are seeing move slower and 10 year. Yields follow up falling. It has to do with inflation is a different story. To discusse able that. Have a look at the eurodollar. You are seeing a ninemonth low against the dollar. Hisard fisher saying buddies one of them dissented. You have germany factory orders. Where does that leave the bank . An what will they do . The one thing is the eurodollar trade is getting lower. We are getting lower with andrew. Looking at those numbers, they are really bad. The Economy Ministry has said this is geoPolitical Risk.