Google and apple outperforming, while netflix and others have lag behind. A chief economics advisor is still with us. Martin, how much are these going to help power the s p 500 to another record . Martin i assume the Semi Conductor market has done better, and 5g, where rollout is important, and the trade negotiations are going to be a key issue, because the growth deceleration we have seen this year is tied significantly to trade friction. If we see a lifting of the trade friction, investment will return quite rapidly, and that will be very, very good news or the technology companies. Manus as far as the earnings season, i had a guest earlier. Earnings, a the slight touch of hunger, is going to hit the market . Do you think we are already priced in with an earnings dip going in . Ontin yes, the surprise is the upside rather than the downside. Trade slow four months. We have seen investment slow for nine months. We now have the labor market deceleration, and this is a key reason why we
Just under 30 minutes until the end of the close of equity trading. A big picture at across asset, equities, a little bit of a mixed picture, ftse 100 in the u. K. With a record high today. Dax and cac 40 trading sideways, a mixed picture in other industries and in the fx face, broad based weakness and the today,shed through 119 just below that now but up 3 10 of 1 . Cable meanwhile has gone above 134, slightly below that now, 133. 97. Up to 10 sub 1 . Fixed income space, the 10 year yields, generally yields moving lower. Metals on the front foot, let an aluminium moving higher with brent crude down 6 10 of 1 . One stock i want to highlight, the today chart for impact. Ams drop as much as 14 today, down a present or 9 , one of the apple stories. Concern over the past couple of days about apple and the iphone x. As the european markets have somened, we have seen companies drop. Looking at industries, tech stocks providing the biggest downward drag, down 3 10 of 1 . On the upside, materi
Welcome to countdown everybody. Friday morning, i am an and words. 6 00 here in london. Let us talk about the Global Equity markets. Yesterday we talked about how global stocks had the highest level since december. Things looking more sluggish overnight, a slightly weaker section in the u. S. And a weaker session in asia, despite the fact we saw a pickup in the oil price, often enough to turn the mentality around the stock market. Let us look at the rally during the trading day, here on white in a bloomberg with a rally that we have seen in global stocks, dating back to late january. We have also seen upper limit on in gold and silver, of course we talk about that on the program. Buying Precious Metals and buying the yen, despite the buying a stock. As the title of the chart suggests the markets are perhaps far from convinced about the strength of the moves that we have seen in equity markets with a rally we saw and equity markets the last couple of months or so. Let us check out the r
The open. Stocks surge and as bloomberg reports the boj may help banks offer negative rates on some loans. Good morning to you, caroline. We got a whole bunch of really cool stories doing the rounds. We are watching what is happening with this brexit story. Obama intervention could change the terms. Does this convince britons that maybe the u. K. Should stay in . Cars are in focus as well. Caroline they are. The british pound getting a bit of a pop on the back of that, with the u. S. President saying the u. K. Is better off in the European Union. In berlin, im seeing mercedes on every high street, and daimler once again being embroiled. Tore seems to be no end where the scandal starts and lies. Weve had mitsubishi, now time for, the u. S. Wanting investigation. Already trading on the futures market down 7. 7 according to trade gate. Could see some big moves lower from daimler. Mention of that story we saw last night in the numbers. Going to be interesting. We will find out, as you say,
We have a very packed show. The iranian negotiations and the latest from the reporter who has been traveling with the secretary of state john kerry. And the launch of the u. K. Election. Guy johnson will join me later today. He is covering labour leader, ed miliband. His manifesto and we will bring his first interview of the day following the that at 12 30 p. M. U. K. Time. A grease negotiating with creditors and degrees negotiable with creditors. The Prime Minister tsipras will talk about the reforms later today. In athens, we are joined by hans nichols. Hands, lets kick off with you. What kind of a reforms are needed that will satisfy . Hans specific reforms is what we hear out of brussels and berlin. What we had submitted on the weekend, yes, they talk about another 3 billion in revenue. Several like on and they are relying on optimistic growth projections. For this year, it allows them to get to 1. 5 target. 2. 5 of the has to do with property tax which mr. Tsipras railed against.