What weve seen this week goes back to one of the crises coming out of the 1865 civil war. What a week it has been. What is your key observation on what youve seen . Guy this repricing of risks around the fed, the Ripple Effect of that, and the negative rates has negative consequences. That is the world the market is coming to terms with this week. Tom some of the themes this morning on surveillance from london and new york. Right now, to get you up to speed, heres vonnie quinn. Vonnie the u. S. , russia, and other powers have agreed on a partial ceasefire in syrias civil war. Ofre will be airdrops humanitarian assistance in some areas. Coalition attacks would continue against islamic state. The truce represents a cause in the syrian conflict, not an agreement to end it. German chancellor Angela Merkel warns that the country cant throw away its values. Merkel has launched a campaign for the coming state elections. She is working on reducing the Record Number of refugees entering the cou
This translates into what politicians in europe too. This translates to the markets. Tom it was remarkable to see the Turkey Bombing and the ivory coast attacks come out the same time. It showed that trend of International Relations drifting into the markets. That will be our theme. Francine lets get to the first word news with vonnie quinn. Bonnie turkey is responding swiftly to that car bombing. It killed 37 people. Warplanes hit kurdish militant camps in northern turkey. No one claimed responsibility for the attack. Rebels carried out similar attacks in the past. Militants linked to al qaeda say they carried out an attack on a resort town in ivory coast. At least 22 people were killed. Its the first attack in ivory coast. Population is evenlys evenly split between muslims and christian. It was a political setback for Angela Merkel. The antiimmigration party had its best showing yet in three elections. Merkel fellangela across the board. A Police Officer it was killed in an ambush. T
The map but every elite in the world does. This tax haven story is really remarkable. Caroline absolutely sensational, so many months in the making and embroiling presciently as well as the islamist Prime Minister. 10. 3 is your number for the eurozone unemployment, the lowest since 2011. Clearly showing slow but steady improvement in the unemployment level of eurozone. 10. 3 still a high level but overall we are improving. Bpi is getting Producer Prices and they are getting coming in, still stagnating. Tom as we start the Second Quarter, but difficult economic. Unemployment in europe versus the United States is something. Here is vonnie quinn. Vonnie our flights are scheduled to leave the Brussels Airport a day after it reopened. Only three flights departed yesterday. The Brussels Airlines has flights scheduled to the u. S. And africa. He has of damage caused by the attack on march 22, they have 20 of their normal passenger load. Linked to2 members the paris and brussels attacks are s
Coming up on thursday. David historic. Share thiset market check. Lets get you up to speed. Futures now higher this morning. S p 500 futures up about the exploits. Now futures up 33. A rally in the a rally in europe. Switch at the board to much longer dollar story on most of the crosses this morning. Dollar yen inching higher. Euro sterling, brexit spread, we will talk about that in about 10 minutes. At inches away from that 80 pence level on friday. Treasury yields up a basis point at 1. 78 . Lets get over to vonnie quinn for first world news. First word news. Vonnie more flights scheduled to leave the Brussels Airport a day after it reopened. Only three flights the parted yesterday. Flight schedule to the u. S. And africa today. Because of the damage caused by the attack, the airport can handle less than 20 of its normal passenger load. Investigators in europe say least what two members of the terrorist cell to the paris and brussels attacks are still at large. Officials tell the jou
We had estimated a decline of 0. 1 . When you look at Central Banks, it is the specter of disinflation and it looks like mario draghi may have to address this. Euro area economy, we also get gdp figures. It was a little better than estimated. Gdp better than expected in the First Quarter. Vonnie we are not getting much of a Market Reaction yet. Stocks were lower in the first few hours of trading. The cac 40 down about 1. 4 . The euro also not seeing a huge reaction. People haveguess been led to believe that mario draghi will address this, so this would explain the circumstances in the markets. Lets get to the bloomberg first word news. Heres nejra cehic. And opponentsers of british membership in the European Union squared off here in london today. They gathered for the Bloomberg Brexit eight posted by Francine Lacqua. The value is not just in the eu, but around the world through trade deals. It is valuable for jobs, for investment, for the future roster of our country. What they tell u