Rates waeigh. London, seven 30 a. M. In frankfurt or paris. Lets have a look at where the markets open up. Or not expected to go all that far. Some minutes from yesterday, from last night to factor in the things as we start trading in europe. The fed, policymakers suggesting they will take their time, no stubborn inflation threat looming, and lots of trump related uncertainty. , andl policy uncertainty march seems to be less and less part of the conversation when you look at the probabilities of a rate rise and focusing attention instead in the market on the month of may. Lets look at what is moving around on the gmm. The bigis one of factors that has to be worked through the market. The Asian Session was flat, following u. S. Stocks downward initially, then fleshed out as we went to the session. Japan weaker on the back of the yen strengthening. That was a bit of the fed story coming through there. The korean won, but not a magnitude to be picked up on the gmm function. No Interest Ra
Relatively modest. President ial counselor Kellyanne Conway told members of seatac cpac is a generous and decisive leader who brings compassion to the white house. Of other females that a lot of women in the United States have a problem with women in power. News 24 hours a day, powered by more than 2600 journalists and analysts in over 120 countries. This is bloomberg. Pimm live from bloombergs headquarters in new york, i am pimm fox. Lisa im lisa abramowicz. Joe i am joe weisenthal. We are 30 minutes from the close of trading in the u. S. Pimm u. S. Stocks, paring losses. The dow jones, poised for its 10th consecutive trading session of gains. Lisa President Trump, summoning prominent ceos to the white house today. He said he plans to put them to work to restoring u. S. Dominance in trade. Also on the hill, treasury secretary Steven Mnuchin and says he is in no hurry to brand china a currency manipulator. His comments about extra long bonds are making waves in the bond market. Puerto
The noncore yuunit of barclays. Shares of swiss re slide after Fourth Quarter net profit falls 45 , with natural disasters taking their toll. A record year for peugeot. The french automaker raises its profitability goal and resumes a dividend payment, but cfo jeanbaptiste de chatillon says theres no certainty on the firms bid for opel. President trumps tax plan will be ready by august says treasury secretary Steve Mnuchin, who lays out his ambitious agenda to accelerate economic growth. Cnbc speaks to the man himself at 13 00 cet. Good morning, everyone. Let me just bring you some breaking news coming from the ecb, the impact of trade and good and services on brexit will be substantial. He says Economic Conditions in the eurozone have been improving. Affirming a broadening trend and growth dynamics. Market volatility measures are low despite tail risks. Lets look at the european session. The stoxx 600 is flat, trading a fraction lower after a fairly uninspiring handover on wall street.
Declines. Thats the first backtoback losses youve seen for the dow and s p 500 since late january. Futured are muted this morning. Dow up by 2 points. Nasdaq up by less than a point. A lot of things happening, were waiting on adp numbers this morning. That may give us insight on what to expect friday from the jobs market. That can het let us figure out the Federal Reserve will do. In asia, the nikkei down by a half percent. The hang seng up, and in europe, a similar story to what were seeing here. Muted moves one direction ortd othe or the other. The dax up by . And a look at currencies. The dollar is up across the board. Euro at 1. 056. Dollar yen at 114. 05. Here are the storying were watching. China posting a trade deficit of 60 yuan. Exports dominated in yuan, they rose 4. 2 in february, imports jumped more than 44 . That import growth driven by a construction boom. Analysts say the data may have been distorted eby the long lunr new year sell breaks. During the sell breaks,celebrat
Global equity markets looking pretty decent, firming up in europe with the ftse up about 48 points. Futures positive in the United States. Yields on the 10 year, pretty much unchanged at 124 1. 84 . Look out for that. Table at the moment, 146, its a stronger pound. We will get to that. Then imac of about. 4 . The brand down for the sixth straight day. The lira strengthening down to 297, the Turkish Central Bank cutting its rates to 945 . Lets go to indepth coverage of our top stories. Guy johnson in london, where mark carney talks brexit. Matt miller in frankfurt. In brussels, where finance managers meet on greek simin demokan. Jonathan the bank of England Governor Mark carney is testifying this morning. Guy, the momentum seemingly behind the remain campaign. What is mark carney have to say . Guy he has the responsibility to stand up and make clear the risks that are associated with the referendum. Hes not backing down on that. Everything you said today felt very caveated. It wasnt the