You look at yen and you realize this is a haven. Do you think of government it is theuroda . Tom litmus paper of the morning. Later on surveillance, maybe that is the entity of the day. It is a Central Bank War between the sweden and mario draghi as we begin a mulch was thursday. Francine there are very different assets to that. What do we know about negative rates in the impact . Tom exactly. Francine s get lets get to bloomberg first word news with sunny. Russia rejects the argument consensus s are are insensitive. John kerry is starting to get trying to get the stalled meets with other foreign u. S. Leavesd moscow once enough time for forces to crush monarch groups. The biggest u. K. Lobby in the u. K. , the uks economy could be thrown off track a referendum on whether to stay in the european union. The cbi cut its forecast by 20 . By. 3 . The last four armed occupy us say they will turn themselves in today. The fbi seems to be closing in last night. That led to a panicked phone con
If you break down the markets, they are having a rough ride. Matt, when you look at the u. S. Dollar strengthening and oil prices plunging, it seems the only possible catalyst is opec, the ecb, and the fed working together. The block. Matt the looks like the market is trying to spank this out of those groups you just mentioned. 40 on s p futures. 3. 36 on dow futures. Japan closed hong kong was down big. In europe, we saw bigger moves. 40 in paris, down 4 . The dax down almost 3 . At one point it was almost down 4 . Look at eu banks. You knew we had to watch stocks jen earnings. Even though earnings grew, they missed estimates. That has been a big concern. European banks have been a concern after Deutsche Bank. Socgen down. Hsbc is down four and a half percent. Interesting story we will get to about the capitulation of hsbc to investment bankers. Freezee saying we will pay raises, then two weeks later say that is not a good idea. They will continue with plan to pay raises. I was going
Essentially may pay them to lend and that the dax would drop, you would have locked me out of the room, but that is what happened yesterday. David we have someone to explain it all to us. Our very special guest is Mohamed Elerian. We think of him as a bloomberg columnist. Welcome back. It is good to have you here. Mohammed co. Wonderful mohamed wonderful to be here. Jon the republican caroline the republican president ial candidates stayed away from namecalling. Trump said his campaign has been a positive force. Frankly,ump i think the republican establishment or whatever you want to call it should embrace what is happening. We are having millions of extra people join. We are going to beat the democrats. We are going to beat hillary or whoever it may be, and we are going to beat them soundly. Caroline trump his favorite to win primaries next tuesday in florida and ohio. With getting a boost former candidate ben carson agreeing to endorse him. The Islamic State is expanding its presence
The dax strip back the stoxx 600, the miners, the energy stocks. Here is a novelty dollaryen not lower, it is higher, up. 4 of 1 . Thest gain for some first game for that currency pair in some six days. This is why you are seeing the reaction on the screen. Treasury, yields are a little bit higher on todays session, upee paces points three basis points. Here is vonnie quinn with the first word. The democratic nomination is growing bernieingly testing with sanders saying this week that Hillary Clinton is not qualified to be president. Bernie sanders i have tried to run an issue oriented campaign, which is what people want to hear. Then just do not want to hear us attacking each other every day. I want to say that we are getting attacked every single day by the clinton campaign. We are going to respond in kind. Vonnie both white house for als are gearing up crucial primary in new york state 11 days from now. Republicans are eager to defeat Establishment Republicans are eager to defeat do
Costanie because lawyers so much money. Lets get a check on the markets. Futures are positive. 24 points up on the dow. Up around four points. It is the oil majors leading the game and europe. You see wti on the screen up 2. 8 . We are at a sevenday losing at 1. 13. D the euro is lets go to vonnie quinn. Have a republicans will contested president ial Convention Ted Cruz succeeded over donald trump in the wisconsin primary. Ted cruz calls this a turning point and says republicans now have a real choice. We are winning because we are uniting the republican party. Hillary clinton, get ready. Here we come. Vonnie donald trump is still on top. 143 delegates for john kasich. Noovan donald trump made concessions beach, he issued a statement. Meanwhile, Bernie Sanders is on a hot streak. He beat Hillary Clinton in wisconsin and taking 57 of the vote. Now, he has is eyes on the next prize. The New York Primary is april 19. Helen clark will run for secretary general of the united nations. A wom