Earnings Angela Merkel says another election would be better than a minority government. The fdp tells cnbc that the political deadlock is due to the chancellors unwillingness to compromise. Robert mugabe faces impeachment as zimbabwes political crisis stretches on. The countrys ousted Vice President hails a new era for wh the area good morning one hour into the trading session. We had a strong session overnight. Nikkei up 0. 7 another strong session for hang seng led by tencent. Things in europe are looking soggy this morning a bit more sea of reds than yesterday. That points to the soggy open for the euro stocks index, almost down 0. 2 this is in contrast to the price reaction we saw in stocks indices yesterday, despite the breakdown of German Coalition talks. Ftse a lager down 0. 1 of course all eyes on the budget tomorrow, and what mr. Hammond has to offer there today a couple members do speak at the treasury select committee. Dax, soggy day, almost down 0. 2 reacting to some of th
Markets are set to break today. Manus welcome to bloomberg daybreak europe. Right here in the city of london. Santander missed in terms of net income but had long ratio dropping, statoil going for a cash dividend. That could signal a big turning point in the oil market. Those are your two opens. Lets give you the rest of the breaking news. When it comes to the nordic, continuing to see synchronize growth in the domestic markets. Markets remain margins remain stable. In 844. 1t had penciled Million Euros. Improved. Lity has management buffer increased by 180 basis points, the highest ever in terms of capital. This is the bank that said last month it would move its headquarters to helsinki from stockholm after complaining about swedens strict regulatory environment. The intention is to save 1. 3 billion in costs by moving their headquarters. Structurally they can bring down the cost and increase efficiency. Those are the questions we will put to casper von koskull after 6 30 a. M. This m
Xiaomi saudi stop market, we talk with a ceo. Yousef it is 5 00 a. M. In london. Shery i am in hong kong. We are seeing investors be more conscious ahead of the fed meeting and also the jobs report out of the u. S. A few markets are closed in asia. Hong kong, japan, and south korea. For those that are trading, take a look at this function on the bloomberg. You can see australia is leading the declines. Remember, only after seven days of rallies for the Australian Market. We are seeing the aussie dollar lose point for mark. 4 . Japan is on holiday for the rest of the week. Just to keep you have to keep an i on the japanese yen. Treasuries not trading in asia today. Japan is closed. Yields fell overnight. We are seeing the sovereign debt market across asia. We are also seeing oil rebounds after a drop to its lowest in a week. Yousef absolutely. In this part of the world, they kingdom was holding a wide ranging interview. A rare conversation with the deputy crown prince. He has been spear
Struggle. Is putting short sell in the mix. It is 7 00 a. M. , bright and early. It is 12 00 noon in hong kong. We look at markets this monday. We have seen better start to the week. Have a look at my bloomberg. Obviously japan is getting hit the most. We just talked about the yen pushing toward 110. Youre getting a lot of equity indices getting offered up. 1. 4 . The losses seem to be Getting Better if you could describe them that way. Have a look at the currency that is the market story today. Dollars off substantially. Randy was up. Up. Ingo is there also getting a selloff of commodity space over in china. The only one up over the 1256. Ity space, 1 up at let me wrap things up at a look at the bloomberg dollar index. 200 on the below dollar index. Does this give us a preview of things to come when it comes to the lawson momentum loss in the momentum . That is one element of the story in terms of reversal of gains. The other reversal we have seen in the oil markets. We were 20 up aft
You are with me, mark barton for today. The bank holiday show. Breaking good news. Manufacturing data for the eurozone for the month of april the final estimate in a is slightly above the previous estimate 52. Their earlier was 51. 9. A slight improvement from the previous estimate from 52 versus 51. 9. Lets see have a euro has responded to that six weeks of gains out of seven against the u. S. Dollar. Slight decline. Download 0. 3 . March 13, the euro lower. It seemed only a few days before the euro might touch parity. It never happened. The euro is moving into the opposite direction. Six weeks of gains against the dollar and the last seven. Three days to go on the general election in the u. K. And the polls are putting labour and the conservatives net internet. No Group Expected to win a majority. And the conservatives are neck and neck. Joining us is Svenja Odonnell. Talk us through some other permutations of what we heard about over the weekend. Svenja odonnell if you managed to go