Im also looking at the treasury yields. You can see that 10year at 2. 77. Things are stabilizing somewhat. Gold had a big move it yesterday as a hedge against all the volatility. Old is still up. We will hit the latest market moves. Oil. Also talk crude on, weittle bit later will be joined by blackrock. I want his take on investing in the markets. Lets get straight to the first reviews. The u. S. House of representatives had passed a stopgap spending bill to fund the government until march 23. A senate vote would send it back to the house before thursdays deadline. President trump said he would welcome a shutdown if democrats refuse his demand for a immigration overhaul. President trump if we dont get rid of these loopholes, people continue to come into our country and kill. That are many gang members we do not mention. If we dont change it, we will do a shutdown. It is it it is worth it for our country. I would love to see a shutdown if we dont get this taken care of. Nejra donald tru
Show but first things first. A couplet to spain in of minutes but this is what your markets are doing. I want to keep a little bit of an eye on the euro. Euro little changed as the catalan president prolonged uncertainty over the regions next move towards independence. Want to get you to treasuries, study. European equities edging lower. With investors looking for the release of the meetings from the ecb. Lets get to first word news. Sebastian catalonias president has kept the rest of spain guessing on if and when he will declare independence. He reiterated an offer of mediated talks while attacking king felipe vi. King made his speech, the politics of rajoys government that has been a catastrophe towards catalonia and ignored the millions of catalan that you not think like them. It ignores the catalan that have been victims of police violence. The treasury secretary up puerto rico was calling on provide billions of dollars in emergency funds. On tuesday, donna tim suggested the u. S.
Are on this planet, you you can watch this fight. Francine good morning. This is bloomberg surveillance. We are getting breaking news out of germany. The Current Assessment for ifo, 1. 2416. This is the latest figure we got. We will bring you any breaking news. We will be speaking to the president of the ifo institute. In the meantime, this is the picture i am looking at on your asset markets. We are seeing a little bit of pause. A lot of currencies, a lot of stocks are drifting a little bit before janet yellen take to the states. Conviction inuch a lot of these european stock trading. This is what we are seeing overall. The euro falling. There was a little bit more Decisive Action in commodities where most Raw Materials climbed. 48 below 40. Thats get straight to the bloomberg first word news. Convictedlee has been of bribery, perjury, and embezzlement and sentenced to five years in prison. He was found guilty of conspiring. He says he will appeal the verdict. Hurricane harvey has str
Jonathan coming up on this program, we had an important conversation with jeff currie. That is all coming up a little bit later. Softer,a little bit negative four points on the s p 500. A marginal move to the downside. Follows thats as yields lower by a basis point. The euro down a dollar six cents. It will lower by about 0. 1 . David Major Development in washington just sense since yesterday. We are joined by kevin up on capitol hill right now. Start with the Health Care Plan. Ryan House Speaker paul finally unveiling his plan to repeal parts of the Affordable Care act. It will keep some key parts of obamacare preexisting conditions in providing health care to folks. That said, the story line is whether or not chief Party Members will fall in line with this. It could be the battle the first battle that Speaker Paul Ryan will have to battle to keep his party in line. The House Freedom caucus is already speaking out against this including some tea party g roups. They cannot advance the
Market. Being a strong developing market. We do have some donut competition around the world. I think you have to come back to the fact that globally, the number one seller of donuts anywhere in the world is dunki donuts. Matt you mention the cold pressed coffee and i know youve recently done a partnership as well with cocacola. How do you see your coffee evolution . Youve moved away from drip coffee and more into espresso and customized drinks. I wouldnt say we moved away from it. Original blend coffee is still a significant part of our revenue. Young people like two things, which we are the Market Leader in iced coffee, and we enhanced our coffee range with the introduction of cold brew. We brought in more espressobased drinks. Millenials like espressobased drinks and maki otto ma cciato. Macchiato. They also like iced coffee. We are not going away from drip coffee, but the opportunity and espressobased drinks and iced coffee is spectacular and is growing. Matt probably because you c