Social elect leaders that favor exiting the coalition with the cdu. Narrowing the lead, four of the five latest polls show the Uks Labour Party closing in on Boris Johnsons tories as President Trump visits britain for a nato summit. 7 30 in london and 8 30 in paris or berlin. 29 minutes from the start of the European Equity trade for monday morning and things look flat on the European Equity markets, but that is not necessarily the global picture overnight. U. S. Futures, looking a little more positive. Probably, we are reacting on the Positive Side of things to the data out of china, the manufacturing pmi coming in higher than estimates. That seems to be something that could lift equity markets in the United States later. Futures look more positive for the u. S. Lets get to the Asian Session and the gmm shows us where we are on asian equity markets on the far side of the screen. 4 , indonesia doing strongly and the russian market, not bad. A slight cleaning for the on equityrisk on mo
With brexit continuing to be constructive, but any potential deal with the eu could be upended at home. Talks continue today in brussels. Strong countermeasures. China threatens retaliation if the u. S. Passes a bill opposing the situation in hong kong, and carrie lam had to prerecord her address after it was interrupted wise. And it gets better and better for roche, the drugmaker raising its outlook for third time as new drugs that boost sales, and we will talk to the ceo, severin hwan, about doing deals. That is at 8 00 a. M. Hello, matt. Matt about half an hour away from the european open. I am looking at the pound. We could see movement. We pretty much flatlined yesterday. There was the spike we saw at 4 00, right now hanging out just under 128. Lets take a look at futures. Kind of a mixed picture, not as red as we see in america. In europe, the dax futures are down 1 10 of 1 . Meanwhile, cac futures are showing a green arrow although unchanged, ftse futures solidly down. You see a
The nikkei was off by. 10. Hang seng managed to edge higher by 1 3 of a percent. Shanghai comp down. 4 of a percent. Over in europe, take a check there. We have red arrows aside from italy which is managing a. 6 percent of a gain. The dax is down by half a percent. As for treasury yields, it seems to be in focus it has been in focus as we are waiting. Fed chair jay powell might say about a potential rate cut in july the twoyear now 1. 925 . Quite a steep rise considering that the recent low is 1. 696 . 195 on a close. Amazing yields. Obviously stretched lower in trade news, top u. S. Officials, talks back on the hill the first high level talks with the chinese counterparts yesterday. They continue to try to work out a trade deal people close to the conversation say both sides are going to continue talking but that existing tariffs could be, in their words, the new normal. Netflix is losing another high profile tv property next year friends is moving to warner streaming service hbo max.
Biggest weekly gain since 2016 as the u. S. Prevents new sanctions on iran. The lira rallies after the opposition candidate wins a repeat of the istanbul mayoral election. Be for a blow could this erdogan . Ride for daimlers new ceo as the group issues its third profit warning in a year. Good morning. Matt im looking at bitcoin as well, climbing up at one point over 11,000. You can see we are trading for 10,733. The question is, if this all due to Facebooks Libra . We did see a rally before that. 10,000 tohed past 11,000. Futures rise. German futures were down this. Orning a little bit earlier then we got an announcement about lufthansa causing changing its dividend payout. 0. 1 . In is less than a little stronger, but not much on cac and ftse futures. We are just treading water this morning. What do you see on the gmm . The a bit of trading in asian session, you wonder how long that will continue. Weve got the trade conversation toward the end of the week in the g20. Even if expectati
Donald trump now has 1057 delegates, that is roughly 11 for every criminal charge he is facing. He is now about 150 delegates away that is a better ratio i think than i expected. From the republican nomination. Vermont denied trump a sweep where nikki haley won with just over 50 of the votes. I love vermont. You got to be looking at vermont and American Samoa if you want to know where the race is going. And i dont understand it. Well be talking to John Heilemann later on. He will explain. On the democratic side, President Biden cruising toward his partys nomination with high stakes state of the Union Address taking place tomorrow on capitol hill. But biden did have his first 2024 loss last night with entrepreneur jay c. Palmer winning the Caucus In American A Me a. Fewer than 100 ballots were cast in that contest. Good morning and welcome to morning joe. It is wednesday march 6. Along with joe, willie and me, we have Jonathan Lemire. And also John Heilemann is here. And also political