Friday session. Down by one point 5 today, we had the Catalan Parliament voting to implement an independent state. Spain senate giving spain the power to take control over catalonia. The plot thickens, the imf down by 1. 5 . The stoxx 600 is up for the six week in seven. The euro down for a second consecutive day, over two days since the ecb announced the whole roster news yesterday. The euro down almost 2 . The biggest today declines in september. We have the 10 year rising today. , weerday, with the reverse saw european bond yields declined on the back of the ecb news. I just want to get to ubs today, chief executive Sergio Ermotti reposting expectations for a share buyback. He talked to down the prospect of dividends increasing proportion of the profit. We saw shares lower by 1 and also subdued client activity in the fourth quarter. Revenues increasing across International Wealth management, net margins and measure of profitability. Little changed from the second quarter. A busy cou
We could see big shift from central banks. Lets have a look at where european equities are trading right now, just under 30 minutes to the close of equity trading for the day. The month, and the quarter. A little bit of weakness coming across some indices. 5 , switzerland lower. Its a bit of a mixed picture. It pushed european equities to the highest level in almost 16 months. We are on track for a third quarterly gain, the longest run of quarterly gains since 2014 the stoxx 600, up some 5 in the latest threemonth period. The best march performance for the stoxx 600 since 2010. In the fx space, seeing sterling 125 against the dollar. The euro rebounding after a , 10699ay drop up. 210 at the moment. And then looking at the bond space, we are seeing not as Much Movement here as an fx and equities. Still interesting to watch, but frances 10 year yield is up to basis points, despite the latest poll that shows support for Marine Le Pen might be waning. Really the most among stoxx 600 Indust
A look at where european equities are trading right now here on this monday session. You know the function, global macro movements, calling for a first weekly its increase in five weeks against the dollar with these other rates rising. Amidst all of this talk of allowing inflation to overshoot credit default swaps and commodities, what a day we are having on this first new trading day of the week. The first new day without talking about Deutsche Bank. They are exploring tricking the u. S. Operations with mounting Legal Expenses threatening to eat into its capital with two people familiar with how such an option could be familiar with its broader strategy review. Including businesses in the context of regulatory capital requirements. The peoples shares are unchanged, according to the bank that has seen its shares absolutely hammered in 2015, losing almost half of its value. Lets get to more banks. Big italian lenders, bank a popular,re banco clearing the way to form a third to becomende