Poor timing. Shares in swatch ticking lower after a fullyear net profit loss. But the companys ceo tells cnbc he sees a return to growth in 2017. Shares of novo nordisk slide after the danish drugmaker lowers its profit and Sales Outlook for 2017. Good morning, everybody. Welcome. Glad youre with us. We have another very busy day already underway with loads of earnings, lots of talking points. European equity markets this morning slightly mixed. We opened on a lower note across europe. Right now looking at some markets point together upside. The likes of the ftse 100, the ftse mib also seeing slight gains. The xetra dax and cac 40 lower. Deutsche bank being one of the main fallers out of germany, off by almost 7 , 6. 5 . When it comes to the sectors and where were seeing selling, healthcare off by 1 . Telecoms down 1 . Auto is off the most this morning. Financial services and banks also off by a half per st. Technology pulling up, travel and leisure hanging on to brightness. Lets talk
Anna warm welcome to bloomberg daybreak. It is the first jobs report under the tenure of the new president. Steady as she goes seems to be the consensus from the markets. Thenumber is 180,000, below six months number and below the 12 month number. On the nose at 100 80,000. Who is hiring . Itroll is feeding through that it is the small firms that are hiring. 18 of the small firms are doing the biggest share of the hiring but it will be all about the wages. We are looking for 2. 5 . Anna it will be interesting to see the response politically we will get. Trumpt extent will donald take credit for the resurgence in the animal spirit and the increase in job creation. During the campaign, he was casting doubt on the validity of the unemployment data sticks. Saying that a head the unimpressed that they hid unemployment. Honda is listing their operating profit outlook two ¥75 billion. They are giving their numbers. It is coming in above as to meds. A good set of numbers from honda. But polit
Will the sector drive the Global Equity rally through the european open . Plus, 1 billion in cost cuts. Rbs said to be eliminating jobs and close branches. Will it be enough to push it to profitability . Matt we are less than a halfhour away from the european open. Take a look at european futures. After the u. S. S p rose to an alltime high once again and asian stocks were up overnight, we see european futures pointing to a higher open. I should point out that none of the major indexes in europe is out on alltime high. The ftse hit its alltime high in the beginning of january. A lot of the other indexes are waiting until are a year away from their alltime highs. They were in 2015. Take a look at bunds. I have the open. This is a tj twoday chart of bunds. This is the friday trade. Opening with yields coming down somewhat, 0. 328 . I should point out that we are still at very low levels, if you look historically, and takeaway inflation. I have got a chart that shows andspread between the
To reasonable policies. Francine good morning. This is bloomberg surveillance. We have great guests. We will be talking dollar, pound, and some of the greek bonds. First things first. Thats check in on your markets. This is the picture. Banks in the u. S. Yesterday leading the rally, as janet yellen, with her comments yesterday, seemed have buoyed equities. A lot of banks in europe are still gaming. 1. 6 for the industry in europe. Stocks in general are gaming. A next bag in terms of earnings. Lot has been playing out on the currency markets. Chinese stocks in hong kong jumping after record new credit fueled optimism for strength of the chinese economy. Lets get straight to the first word news. Here is nejra cehic. Trumpsides to donald president ial campaign had contact with russian intelligence officials according to the New York Times citing former and current officials saying intercepted calls show repeated contacts with senior russian intelligence officials in the year before the e
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