Pay safe shares rocket to the top of the stoxx 600 after a consortium by blackstone bid for the Payments Firm. Mediterranean delight for vodafone the mobile operator calls in with forecast topping numbers on the back of a Strong Performance in italy and spain, sending shares higher. Dimming down on sales. Philips lighting posts a 2 decline for its professional lighting arm, despite a beat on core earnings. The companys ceo tells cnbc that growth will return. We were declining by 2. 4 for the full year of 2016, we have been declining by 1. 3 for the first semester of 2017 we will go back to growth in the course of the second half of 2017 its a choppy start to trade today in europe with mixed colors across the board. Some red, some green, remembering that yesterday was really a Currency Movement that was driving stocks a stronger euro took its toll on european markets were seeing euro stoxx 600 not down too much, only by around 0. 07 . Ftse 100 is in the green but just holding on to gain
Beating the establishment. The outsider defeats the former Prime Minister in frances socialist primary runup. Does this give more ground to the independent candidate, Emmanuel Macron . Toyota the worlds bestselling automaker. How will looming trade barriers affecte the sector . Matt less than half an hour until the european open. Take a look at futures writedown. You at futures right now. Futures are off after equity markets declined. Chinese and various other asian markets are closed for the Lunar New Year holiday, and i would are better advised to focus on other Asset Classes today. At currencies, commodities, treasuries what do you see . Guy lets run through the columns and talk about whats happening right now. What we are seeing most prominently, matt, is the dollar beginning to firm up. Earlier on it was down. Now it is barely budging. More than 1 10 ofha 1 ,. 13 now. Some dollar weakness but not a lot. Theyen is up by around. 3 , swiss franc is having to look out for as well. We
Is authorized to declare recess of the committee at any time come in all members will have five legislative days within which to his extraneous materials for inclusion in the record. The hearing is for the purpose of receiving the semiannual testimony of the chair of the board of governorboard of govere Federal Reserve system. On the conduct of Monetary Policy and the state of the economy i now recognize myself for three minutes to give an opening statement. After eight years in the largest Monetary Policy stimulus in the history and the most unconventional Monetary Policy in our history, americans recently received disappointing Economic News yet again. It is official, the economy grew at a measly 1. 6 in 201 2,016thn our historic norm is twice that. That takes eight years of subpar growth in eight years of stagnant paychecks and eight years of him replenish savings. Notwithstandinnotwithstanding tn that the fed to come and notwithstanding the personnel. After eight years, there is a
Is authorized to declare recess of the committee at any time come in all members will have five legislative days within which to his extraneous materials for inclusion in the record. The hearing is for the purpose of receiving the semiannual testimony of the chair of the board of governorboard of govere Federal Reserve system. On the conduct of Monetary Policy and the state of the economy i now recognize myself for three minutes to give an opening statement. After eight years in the largest Monetary Policy stimulus in the history and the most unconventional Monetary Policy in our history, americans recently received disappointing Economic News yet again. It is official, the economy grew at a measly 1. 6 in 201 2,016thn our historic norm is twice that. That takes eight years of subpar growth in eight years of stagnant paychecks and eight years of him replenish savings. Notwithstandinnotwithstanding tn that the fed to come and notwithstanding the personnel. After eight years, there is a
Shenzhen link opens today. Gone . Is pokemon its rival leaving pokemon in the dust. Rishaad the currency markets, that referendum, italians voting no to thengly, 59 , constitutional changes. Haidi we were expecting a tighter race, but a decisive outcome came in quickly. Take a look at my bloomberg. This shows the plunge in the euro to lows we have not seen since march 2015. This poses a lot of questions in terms of regional stability, italys banks. Haidi that is one of the biggest concerns, eight thanks perhaps in danger, facing problems with balance sheets, haidi failing stress tests as well. Thats right. Not seeing Much Movement when it comes to dollaryen. Where is the safe haven demand . Rishaad gold. Anyway, the open in singapore, taiwan, and kuala lumpur coming online. It up, the to set demand for havens, coming down to the fact how the market was position coming into this week. The governor of the central bank scheduled to speak. That being said, money coming into u. S. Bonds, th