Continent as well, we see the ftse Index Trading down and it has been all day. Continental indexes have been doing well but the ftses down. 1 stoxx 600 is down 1 10 of and the dax and the cac 40 is doing well. A little bit of recovery here. Currencies, two days story has been a euro story. As we move closer to the possibility of a majority government in germany, thats the heavyweight anchor of europe with the euro trading up and its now 100 its now 1. 19. Late the talk collapsed sunday night, the euro dropped down to 1. 17. Talks inhe coalition germany, so goes of the euro. Is closelyrket linked to what we have going on here. Germanu have problems in talks, the yields or the spread is jumping up from spanish and german debt. All the yields are rising as investors sell debt. They are presumably using some of that money to buy equities. The german tenyear bund is 36 basis points. Vonnie thank you. The fridayinto trading davis thanksgiving week. Abigail doolittle has the latest on a lower
Billion. Good morning, everybody. Happy monday. This is bloomberg daybreak europe. Risk have a look at the radar. The tax story is very much epicenter of things for markets in the Asian Session and the United States on friday and of course, in the United States later on today. Lets have a look at the msci asiapacific, up by. 8 right now. The markets are factoring in something more positive on a tax run. The republicans agreeing to their version of the tax plan that this is the penultimate trading week of 2017, reflecting what we saw on friday on wall street. I wanted to highlight what is happening in india. Earlierhe sensex down on in todays session. It looks as if, he has come out victorious. We saw the sensex down by 2. 6 , up by. 7 in the indian session. By. 2 . Further to go on the tax bump story. We hit records on friday. Could we see further gains in todays session in the middle of week . A vote in the house and senate, and all of this to do with reduced rates of Corporation Tax
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