Politics and economics here. To my knowledge, nobody has asked for clearing to move from a business standpoint. Francine good morning. This is bloomberg surveillance in london. E lacqua we have a lot to get to. The fomc meeting some underpinning everything we see on the market. Bunds are very important because they are getting closer to taking out that 0. 5 yield level by the day. Todays push could be coming som comments by the bank nonstandard measures. Oilnted to show you crude as well, 45. 47. Lets get straight to the first word news. Reporter the United States has warned military action might be necessary to deal with north korea. This is after the test of a Intercontinental Ballistic Missile on tuesday. The United States is prepared to use the full range of our capabilities to defend ourselves and our allies. One of our capabilities lies without considerable military force. We will use them if we must, but we prefer not to have to go in that direction. Reporter the Trump Administr
Avoid a fourday losing streak higher by more than half a percent. Energy losing. Chesapeake, range resources leading the declines and big between 4 and 6 because crude oil is sinking right now prices lower for the first time in nine sessions by a big decline look at wti. Off by more than a buck of 4 to 45. 40 tyler . Thank you welcome, everybody heres what else is happening right now. Big deal in the payment business vantik making a 10 billion offer for the uks world pay group. Jpmorgan at an early stage of considering an offer for world pay but now doesnt plan to make a move and move over intel. Samsung now on track to become the largest chipmaker by revenue. Walmart getting the green light for acquisition of the mens retailer bonabos. Beginning with developing news of north koreas new Nuclear Threat kayla in washington with the latest this hour on that Missile Launch on the fourth of july kayla . Reporter tyler, theres new developments of the u. S. Knows about the launch captain jeff
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
Tepid response is causing World Leaders to revert in droves. Yousef 8 00 a. M. , this is Bloomberg Markets middle east, im yousef gamal eldin in dubai. Just gone midday, entering the lunch break for markets. China has been on for 30 minutes. We have a few things to mention today, fairly busy. At some point in the afternoon, we might get the new credit data out of china, Industrial Production due out of japan. It comes out of your part of the world. Have a look at markets right now as we continue to see recovery across the broader market. I think the difference between what we saw yesterday and today with japan is now very much in the mix, very much on the shoulders of the regional benchmark. Up,night wall street was certainly an extension of what we are seeing across the asiapacific. The other thing i want to mention is when you look at the currency market, dollaryen you thereally tells whole picture that there is not a lot of appetite for safeties and for safe havens. The aussie dolla
Strengthen economic ties. How important is a pivot toward america for the british economy . U. K. Job stated due at 9 30 a. M. London time. Watch the wage component. Opel in discussion to sell. What willestion is tsa get out of that deal . Are less than an hour from the european open. An exciting day across asset classes. Futures pointing to a positive open across the continent and in the u. K. We do have a little bit of weakness in the pound as well. Maybe that adds to some upside in the ftse although yesterday the pound was down and the ftse was down. Here. Look at bunds we have a brief dip down, bund yields are back up in positive territory at 0. 369 . But briefly dipping down. Very interesting to watch, it will not be as interesting to watch as treasuries are the story in the u. S. But still, keep your eye on what is going on in european fixed income. Guy absolutely. Banks, banks, banks. That is the story. It will be fascinating to see how the European Space of his this morning. We