Theresa may says she wants views and ideas from other parties as she tries to reset her brexit stance after last months election loss. This is bloomberg surveillance and im mark barton in london. We are one hour into the equity session. Stocks have opened, gaining for the first day. Rising for the first week in five. Stoxx 600, up by 1 3 of 1 . Kuroda, the boj governor, reissuing the boj remains ready to adjust policy as they did following the intervention last week to cap rising yields. The german 10 year yield is down by a couple basis points today. In the last couple weeks, we have had the 10 year yield rise i30 basis points. We have seen a 30 basis point moved to the upside following hawkishs from the likes of president draghi. Oil falling price, 4 last week. Kuwait saying libya and nigeria might be after capping supply to rebalance the market. Listed to the bloomberg first word news. Reporter Donald Trumps eldest son met last year with a russian woman who offered to provide potent
Of the year st the calm that had swallowed the rising market like a warm blanket all year long finally cracked. The rupture came as the war of words between the united statea. Beginning on tuesday and continuing through tod. Soggy earnings reports from major retailers didnt help either. The result was a down week, the worst in months with all of the major indexes off 1 or more. But what was almost as surprise as the turn was that the weekly losses werent even part becaus turned up today. The Dow Jones Industrial average rose to 21,858. Nasdaq added 39 and s p 500 was up three. The president today did not back down against north korea saying the leader of that country will quote regret it fast if he acts against guam or any american ally. This man will not get away with what hes doing, believe me. And if he utters one threat in the form of overthreat, which he has been uttering for years and his family has been uttering for years or if he does anything with respect to guam or any place
Surveillance. I am Francine Lacqua in london. We start with data. It is eurozone pmi figures. They are just below expectations. When you look at the euro area in january, services pmi fell to 53. 6. Economists were forecasting 53. 8. When you look at the manufacturing pmi, it rises to 55. 1. Pointrecast was that 54 eight. Anything above 50 indicates an expansion. Services a little bit below manufacturingbut better than expectations. Lets get straight to the markets to see whether there is a bit of dollareuro movement. The is my picture for markets. Watch out, as always, for the dollar. It has been erasing some of the earlier losses. Emerging stocks are gaining. This is the picture for the european stocks, putting much flat. 1. 2502. D currently a lot of weakness on the turkish lira. The msci world index overall a touch up. We will have plenty more from the markets. First, lets get to the first word news. Here is nejra cehic. Nejra donald trump has pulled the u. S. From the Transpacific
They havent seen proof of trumps claim that his predecessor kept his phone. Senator john mccain spoke to cnn. The president has one of two choices. Either retract or provide the information that the American People deserve. If his predecessor violated the obama, weve got a serious issue here. Thank you. According to abc news and the associated press, the House Intelligence Committee gave the Justice Department until today to provide evidence backing up President Trumps claim that president obama tapped his phones. In europe, david davis is trying to avert a revolt within the conservative party. The house of commons votes today on a bill that gives Prime Minister theresa may the power to begin the brexit process. Someone parliament to have a say in what happens. Davis is asking lawmakers not to tie mays hands. He wants them to overturn amendments to the bill approved by the house of lords. The dutch election has been upended by a dispute with turkey. Analysts say the incident could reen
Good morning. This is bloomberg surveillance. I am Francine Lacqua in london. Show, we on todays speak to the head of g10 fx strategy at Merrill Lynch international, and the ceo and coast cio at shen of our financial group. At a financial group. Function and a message will come to me. It is monday morning, 9 00 in london. We are seeing a little bit of volatility, but nothing huge. Oil gaining. One i would like to keep an eye kospifter the costly slid this has to do with geopolitical concern lingering in korea. Weis extremely important keep an eye on what happens at the g7, where Foreign Ministers are showing up, and Rex Tillerson on wednesday heads to russia. It seems the world may be a little more uncertain than it was seven days ago. Lets get straight to the bloomberg first word news. Nejra barclays said its board will issue a formal written reprimand and make mythic and cuts to the ceos pay after he tried to identify a whistleblower in 2016. They say he made an error in not applying