u.k. treasury officials may be preparing big tax hikes as germany s schulz says europe s biggest economy should we implement debt limits in 2022. and take over part deux. , tryingsh to buy suez to create a world leader in waste and water services. just under an hour away from cash equities trading and europe. looking at futures, pretty decent gains after european stocks closed lower on friday. then u.s. stocks hit on the records. now we see dax futures rising about .6%. you do see a red arrow for ftse futures, but i assure you ftse futures are actually closed as it is the summer bank holiday in london. here, you see u.s. futures also rising, .4% gains in s&p and dow. many contracts, as i futures up .6%. let s get your bloomberg first word news stories. the top news this weekend saw the third death in less than a week amid racial equality protests in america. a man was shot to death in portland, oregon on saturday night. a supporter of a right wing group of counterprotesters.
Lands to keep you cave rules aligned with the eu. In early is down trade. Is there more to come . We will talk about that with the mliv team. Wrangling over that u. S. To limit will continue today. The next big risk from the u. S. We are less than half an hour away from the start of european trading. Lets take a look at futures. They are deep in the red. You can see here the percent missed price for dax Index Futures is down more than 1 . Indications that we have a weak open in frankfurt not quite as half percent. You can see the middle range if 50. Look at the euro stoxx investors continue to buy treasuries in the u. S. Pushing the yield down, falling five or six basis points in the last couple of days. Were looking at 2. 33 . Now down seven basis points over the last three days. Guy 28 minutes to go until the start of european trading. Lets take a look at what asian trading delivered overnight. Japan down and korea continuing to be hit and hit hard, down 1. 42 . So my conductor stock
Trading higher now as the greenback finally found a flaw. A conference call. Merger,s announced a but will costcutting be enough to justify this deal . Than half anless hour away from the european open. Take a look at where futures are trading. As you have been talking about this morning, as well as on n stocksk, asian moved lower overnight. A quick look at treasuries right 2. 557 . Still not seeing a huge selloff in european debt as yields are down. Gmm,lets talk about the thers acting as a drag on strictly an story. Central Bank Decision out of canada later today. The Canadian Market down 1. 5 yesterday. Russia has opened up this morning by about 0. 8 . I will give you a heads up on what is happening there. India is looking a little more positive. Asia is down, but not that down. There it is. There is the dollar and we will talk to mark cudmore that what is going on with the greenback. Lets roll this off and show you the commodities space. Theres the sugar high coming to an end, down
It good morning. Welcome to Bloomberg Survey is. Im in london. Lets check on the market. The rally coming through. Treasuries pretty much stabilizing. A lot of want. Testimony on tuesday. Wednesday we hear from him again. The euro, looking at the pairing of the dollar. Looking at the dollar, pretty much unchanged. Coming up on bloomberg surveillance, we are live with the World Congress in barcelona where we speak with the chief executive. Ahead of the election, the chief of staff for the ministry. Later on, we will speak to Steve Whiting from citigroup. Now, lets get straight to the bloomberg first review. China, scrapping limits on president ial terms. Ofonstitutional provision ours that head of state from more than two consecutive terms in office. A committee wants to change that. Comments were supportive, others work article and mocking. And may be willing to hold talks. The white house will see the first step toward denuclearization. Closing ceremony, standing near ivana trump. Tie
Further attacks could be imminent following the suicide bomber in register. What will this mean for u. S. Shale question mark we will speak to former bush energy. Nergy official the ecbam here for review. We will not expect much about Monetary Policy. That is on everyones mind as lieutenantis to top seem to disagree on how the ecb or when the ecb should start to normalize its policy. We will hear about the ecbs outlook for the eurozone growth and inflation and maybe get an update on the target and how the ecb thinks its Monetary Policy is holding up. Guy mario draghi speaking in spain later. That could be a key discussion point. Lets talk about where we sit with the markets. No clear sense of direction at the moment. The markets are looking for the next leg. That is what we are seeing at the moment just either side of the plus or minus line. Lets talk about what is happening with the gmm. You do get a little bit of interest. The aussie dollar is down a little bit this morning as is the