The shanghai closed flat. Early trading in europe, markets under pressure. The dax down by 1 , as is the cac in france. Ftse down 0. 6 . Look at crude oil prices. Right now it looks Like Crude Oil is down by 29 cents. Natural gas has been under some extreme pressure over the last week or two. Couple of big stories were watching. President trump is calling china the grand champions of currency manipulati manipulation. In a reuters interview, trump said he has not held back in his assessment that china manipulates the yuan. The China Foreign minister saying china has no intention of using currency devaluation to its advantage. Just yesterday in your interview with mnuchin, he wouldnt go that far. He didnt call it a ma manipulator no, it seems like he stepped back from the trump promises to label china a currency ma anybo manipulator from day one. China has been propping up the currency recently. Well see what happens, but it will be a much more settled but trump will go out there, say it
Americas michael moynahan, and michael dell. Consumers are spending and we feel good about the u. S. Ofweve see plenty opportunity organically to consolidate. Its all straight ahead on bloomberg best. Hello and welcome. Bloomberg best, your mosty review of the important Business News and analysis from around the world. Several investment banks released earnings this week and with the sector coming off a string of lackluster quarters, investors watched anxiously as bank of america reported on monday. Bank of america in the spotlight reporting earnings that Beat Estimates. Revenue from their fixed income trading business was also better onn expected, up by 39 year year. You saw them post betterthanexpected bondtreating revenue, similar citi,t you saw at jpm and but given that they are not as big in the macro products which were such a hit in the corner, this was may be a surprise to the upside given the results. Is it turned around for banks . We are seeing a pattern. They were out of th
Americas michael moynahan, and michael dell. Consumers are spending and we feel good about the u. S. Ofweve see plenty opportunity organically to consolidate. Its all straight ahead on bloomberg best. Hello and welcome. Bloomberg best, your mosty review of the important Business News and analysis from around the world. Several investment banks released earnings this week and with the sector coming off a string of lackluster quarters, investors watched anxiously as bank of america reported on monday. Bank of america in the spotlight reporting earnings that Beat Estimates. Revenue from their fixed income trading business was also better onn expected, up by 39 year year. You saw them post betterthanexpected bondtreating revenue, similar citi,t you saw at jpm and but given that they are not as big in the macro products which were such a hit in the corner, this was may be a surprise to the upside given the results. Is it turned around for banks . We are seeing a pattern. They were out of th
Lets not reregulate the banks and great barriers to the free flow of capital. Consumers are spending and we feel good about the u. S. Weve see plenty of opportunity organically to consolidate. Its all straight ahead on bloomberg best. Hello and welcome. This is bloomberg best, your weekly review of the most important Business News and analysis from around the world. Several investment banks released earnings this week and with the sector coming off a string of lackluster quarters, investors watched anxiously as bank of america reported on monday. Bank of america in the spotlight reporting earnings that beat estimates. Profit rising over 7 . Revenue from their fixed income trading business was also better than expected, up by 39 year on year. You saw them post betterthanexpected bond trading revenue, similar to what you saw at jpm and citi, i think it is a good news story given that they are not as big , in the macro products which were such a hit in the corner, this was may be a surpri
Lets not reregulate the banks and great barriers to the free flow of capital. Consumers are spending and we feel good about the u. S. Weve see plenty of opportunity organically to consolidate. Its all straight ahead on bloomberg best. Hello and welcome. This is bloomberg best, your weekly review of the most important Business News and analysis from around the world. Several investment banks released earnings this week and with the sector coming off a string of lackluster quarters, investors watched anxiously as bank of america reported on monday. Bank of america in the spotlight reporting earnings that beat estimates. Profit rising over 7 . Revenue from their fixed income trading business was also better than expected, up by 39 year on year. You saw them post betterthanexpected bond trading revenue, similar to what you saw at jpm and citi, i think it is a good news story given that they are not as big , in the macro products which were such a hit in the corner, this was may be a surpri