Almost a week having gone by we are two, four six. We are now 2. 389. Lets get to our road map this morning. As you expect it starts with the employment number. A steady increase in jobs added last month. Unemployment ticked down to 5. 3 . Perhaps some worries as the Participation Rate slowed. As we head into the weekend, no deal insight for greece. Finance member is threatening to quit if the vote is yes. We will get information live from the market. Deals continue in health care and paypal buying zoo. Here are the numbers for the jobs. Nonfarm payroll, up 223,000. Gains in april and may, revised downward. The Unemployment Rate fell to 5. 3 a sevenyear low. The labor Participation Rate declined as low as it has been since 77. Wage growth stalled. Average Hourly Earnings came in flat. Later this morehour, we are going to look at the obama administrations numbers. We sat down here. He said not so great. Not so great on the headline number. A little disappointing. Still under 2000. They
That is the one thing people will want to know on monday morning first thing. The Dollar Strengthening against the yen after the fed official added to the course of policymakers signaling they will keep raising Interest Rates. This is a picture for european markets. They are gaining some 0. 3 . Another currency pairing is new Zealand Dollar slipping some 1 . The kiwi dropping 1. 7 last week after the central bank said on february 9 that it plans to keep arming costs at a record low. We have charles dallara. I want to show you the banks, gaining some 0. 7 . Lets get straight to the bloomberg first word news. Heres nejra cehic. Nejra kraft heinz has pulled its bid for unilever two days after the approach became public. The company cited the targets reluctance to engage in talks. The decision came after 3g capital and berkshire hathaway, which own about half of kraft heinz am undecided they negative mergere made a impossible. Japan posted a bigger than forecast trade deficit as car export
This is bloomberg surveillance live from new york. Im tom keene. Scarlet fu with me in london. Another grim evening we reassess on a friday morning. Scarlet yet another attack. Eight months after those attacks in paris last november. We continue to monitor all of the headlines coming out of nice. Tom as George Packer talked about, the other france. We will talk about that this morning. Right now, to give you our first word news it is the seventh deadly attack in the last 18 months in france. At least 80 people were killed in nice, when a truck loaded for weapons drove for a mile along a boulevard pact with residents. The driver was killed in a shootout with police. President Francois Hollande said his country is at war with terrorism. This attack that has all the elements to be called a terrorist attack is once again of an incredible violence and it is clear we have to do everything in our power to fight this terrorist plague. Hollande has extended a state of emergency for another thre
Good morning. It is 8 00 a. M. Out west and 11 00 a. M. Other and squawk alley is live. Good wednesday morning. Thanks for joining us on squawk alley. As were looking at a day where the dow and s p have recovered, their loss for 2016 now in positive territory and well start with the markets. A day after all major averages closing up more than 1. 5 currently extending a second day into that rally. Lets bring insane matthews. Sean, thanks for joining us. Thank you. Good morning. So now the markets in the u. S. At least have made up about half of their postbrexit losses. Do you see a scenario where well get back to that prebrexit baseline or do you think this is where were repricing for now . I think you can definitely see more capital coming in to the markets the equity market. But its really what are the implications long term for brexit and whats going to happen with the eu will be the overhang on the market over the next year or so. So what about the european markets because now were
This translates into what politicians in europe too. This translates to the markets. Tom it was remarkable to see the Turkey Bombing and the ivory coast attacks come out the same time. It showed that trend of International Relations drifting into the markets. That will be our theme. Francine lets get to the first word news with vonnie quinn. Bonnie turkey is responding swiftly to that car bombing. It killed 37 people. Warplanes hit kurdish militant camps in northern turkey. No one claimed responsibility for the attack. Rebels carried out similar attacks in the past. Militants linked to al qaeda say they carried out an attack on a resort town in ivory coast. At least 22 people were killed. Its the first attack in ivory coast. Population is evenlys evenly split between muslims and christian. It was a political setback for Angela Merkel. The antiimmigration party had its best showing yet in three elections. Merkel fellangela across the board. A Police Officer it was killed in an ambush. T