Time. Full steam ahead. Zima ats estimates for clarity following the brexit vote. Caroline super thursday is upon us and it looks as if there is a Risk Appetite and we are following you is higher, you asia higher. We got futures signaling. 5 uptick on the open. 5 . Ee we are up the dax looks like we could surge. 6 . Money moving into equities. Money moving into equities in japan as well. The nikkei 225 has been surging more than a percentage point. Finally a turnaround in the risk aversion and money moving into asia and out of the yen. Money moving out of the haven that is gold. We get we get a bit of a steadying in the oil market. We see supplies come down slightly in the United States. Lets get to Bloomberg Business flash with juliette saly. Juliette caroline, thank you. A woman has been killed and five others injured in a knife attack in central london. Police were called to russell square. A 19yearold man was arrested a few minutes later after being tasered. Mental health was a sig
It is hard to get wrapped around the numbers but what is eresting to me is the is the Market Reaction of what mr. Corona can do going forward. Jon then the yen is stronger. The bank of japan runs qe at a clip of around 18 billion every few months. That is how small pieces. It feels like a drop in the bucket. We are going to dig into these stories of the day. The details on this package entering a bear market with ebrahim rubari, ari ebrahim rahbari. Hong kong markets closed because of the storm. The real story was in japan and that was straight off the bat. 1. 4 . Ope, the dax down are the leading losers on the stocks in europe. We will debate that throughout the program. A 101 handle on the japanese yen, dollar yen trading at 77, the stronger yen session in the fx market capturing that risk for a moment. The commodity market is fascinating. We moved to 40 a barrel yesterday. Back, one full percentage point to 40. 61. A big shift in the bond market today. Core Government Bonds, yields
London. And francine lacqua. Heres a picture from the boards i am francine lacqua. His a picture from the boards. There you go, 130. We were touching below 130 just about a half hour ago. Crude oil at 42. The european stocks practically unchanged. Just a little bit higher. Because it is august and we are not seeing much volatility i want to say that u. S. Volatility index down. Lets get to the bloomberg first word news with near change it nejra donald trump has laid out his plans for growth in the u. S. Borrowing from traditional republican ideas by proposing tax cuts and looser regulations. He told the Detroit Economic Club that he wants to simple five excessive business regulations and lift restrictions on the Energy Sector. He also says he wants lower corporate taxes and the biggest overhaul to the income tax cote since ronald reagan. Cooks you cannot ever start a Small Business under the tremendous Regulatory Burden that you have today in our country. Going to end it. I am going to
Let us talk about the big themes. One of them is do not mess with my currency. The chinese of course, this is what we have for you. Now areyuan. In breach of this level. And the pc of the said this is it. Back off on the currency. They ratchet up the price of borrowing, up by 3. 8 . Since the highest february. These moments of breach and dollaryuan invoke the invective from the pcbo, ratcheting up. That is putting the cap. That is the message from the g20. The devaluation , or let us say the depreciation of the currency. Exports up for the Third Straight month, imports are searching. Yuan, do not mess for my currency. Nejra is that a look at the risk radar. See what we are watching this morning. Starting of course with global stocks i have the msc. I all country pretty much unchanged, really ahead of the ecb today. And you have the bank of japan coming up later this month and the fed decision. It got quiet and equity markets. Volatility is down. We are seeing those stocks pretty much u
And tom keene. We are trying to understand the markets, especially the fears around the Deutsche Bank. Tom not only the fear and the crisis and the charts but exactly what is cocoa . Think an explainer is in order. Maybe by the end of morning we will be a little bit smarter s. Th these odd derivative francine crucial, we will find out more throughout show. Lets get straight to the first word news with Caroline Hyde. The first votes have been cast for the first president ial primary in the United States. These oldfashioned paper bernie showed that sanders got all four democratic votes. John kasich got three and donald trump got to. Bernie sanders is beating Hillary Clinton by double digits in some polls. In the republicans, the polls show donald trump well out overhead. Later today on bloomberg, a twohour New Hampshire special on with all due respect starting at 5 00 p. M. Eastern time. In germany, to commuter trains collided. More than a hundred 50 were injured. The area is not easy to