Sarah i am sarah harman. Thank you for joining me. Kenyans go to the polls tomorrow to choose a new president and a new parliament. Public opinion surveys show a tight race between incumbent Uhuru Kenyatta and Opposition Leader raila odinga. The race has an overshadowed life fears of a repeat of deadly violence that broke out after the 2007 election. Back then, 1200 people lost her lives. Lost their lives. A mob set a church on fire in a small village. Our reporter met with eyewitnesses. Reporter she is a shadow of her former self. 10 years ago, her dreams went up in flames. She lives with her two children. Now, a ghost village which was the scene of the worst postelection violence in kenyas history. As the results came in were there was a tribe that did not want a candidate from another tribe to win the presidency. So i tried to go to my mothers house but there were roadblocks everywhere. Reporter suddenly, oncefriendly neighbors grew suspicious of each other. Sensing the attention, h
,e speak to jpmorgans ceo jamie dimon, his thoughts on the white house and why stick your site nation is a myth. And the greek odyssey. The bailout is under threat. Tsipras meets merkel. Resolutiono german possible . Subjectry interesting that we are going to dig into later as Alexis Tsipras wants to spend more money and Wolfgang Schaeuble does not want him to do that. Less than a halfhour away from the european open. Red arrows across the board, but slight red arrows. We really only see a little bit of movement here. This is after the big gains that we saw yesterday. More than 1 on the ftse, more than one person on the cac, the dax. Big gains in european stocks yesterday. We could get a muted open. Guy you can see this really clearly on the gmm, the ftse mib up to present yesterday, the bond markets better bid this morning. Not significantly, but considering where we come from, i think a bid people will take this morning. The euro is also recovering just a touch. Were up by 0. 2 , 0.
Anna a warm welcome to bloomberg daybreak europe. Lets get to the breaking news. Airbus, where the French Companies that is reporting this morning. Adjusted earnings before interest and taxes, 2. 3 billion euros. Thats against an estimate of 3. 80 3 billion, so substantially below that estimate. In aboverevenue coming 65. 4. Imate of we will delve further into the details and find out whats been going on. This is a company that many had the would be focused analyst for saying before the results the focus would be on the commercial unit, its fourth order performance. Cash flow was also seen as crucial because they turned the corner from 2016. Were getting some detail of what its all about in terms of that number. Chargeillion euro against one of the aircraft, one of the programs they are running , the military program that remains a concern. Some of theains weakness around the numbers against estimates, taking the charge against the project. They see deliveries of 700 commercial aircraf
Julie hyman has a look at what is looking like a flat opening. Toie people are waiting hear from janet yellen. Even though she is scheduled to talk about herself, essentially her achievements in her career at harvard today, some investors think she will talk about Monetary Policy as well. Jeff gundlach think she will put the brakes on some of the more hawkish fromments we have heard members of the fed. You see a little lift in stocks today. Revisions,latest gdp showing growth of a 10th of 1 . And in the past few moments, we got the final numbers from the university of Michigan Consumer sentiment at 94. 7 pay the prior read was 94. 4 . This is the final revision of that number. Thats look at what sectors are in the move in the s p 500. Today,is the laggard donald oil prices, but otherwise, Consumer Discretionary financials coming back after losses yesterday. Health care and Technology Trading higher in todays session. On the downside, we have energy and oil prices pulling back the secon
Welcome. I am in and words. A new record. It took a long slog. The s p is what i am talking about, and not. Two major corrections. The longest stretch. The priceve got is earnings ratio. With trading up 20. Over the past 50 years, we are now above the average. The average over the past 50 and bp basis, around 16. 5. We are trading way above that. S p 500 has cited above its 2007 pecan the last rallies since this was 1946, 13 . That comes down to whether or not you believe the fed is going to hold back. Little like goldilocks. Absolutely. Anna the stimulus bets coming in from other parts of the world sounds a little bit goldilocks. The risk rate on overnight. The topics are in here and that is where the best games are coming from. A Strong Equity picture from japan. They have been saying about fiscal stimulus. 103 spot 06. Currency spending. Fiscal stimulus story crucial. What we have seen in some of the u. K. Political scene. 1. 3066. D, that is what closing the political vacuum tentat