Lets have a look at the stoxx 600. Falling for a second day. It is a big week for Central Banks. We are keeping an eye on oil and the dollar. The dollar, sixday winning run come to an end. Best winning run until early 2015. Crude high is the most in over two years. The big news in the oil market is what is happening to brent crude, 1. 3 higher, something above 65 a barrel for the first time in 2. 5 years yesterday. One of the most important pipelines in the world was shut because of a crack. Coming up, we are going to talk markets with Vasileios Gkionakis. Bluebellpeak to thomas , the chief executive of axa. Do not miss those interviews. Lets get to Bloomberg Business flash within the low. Ed walt disney may announce a deal. That is according to for some familiar. That comes after comcast, the other major contender, said it was no longer in the running. This thing was to acquire foxs movie and tv studio including fx and national geographic. Britain once a trading relationship with the
And south korea offers talks with the north a day after the north Korean Leader, kim jongun says he is open to dialogue with seoul, despite telling the u. S. That the Nuclear Button is always on his desk good morning, everyone it is the first trading day of the year i want to alert your attention we have the final manufacturing pmi numbers for the eurozone they came out at 60. 6, in line with the flash this is the strongest pace of expansion in the Manufacturing Sector since the series began in june 199 7 thats two standard deviations above the long run average extremely strong numbers out of europe bringing in our first guest, i have Derek Halpenny on the phone with us. It appears as though europe is off to a great start, in line with the momentum we saw in december i also want to point out that Euro Currency is up through 1. 20, and it appears the currency has lagged this morning. What have you pencilled in for the currency from here we think that the euro can gain further, but 2018
Bloomberg surveillance. U. S. Yields jumping to the highes level in three years. I looking at crude. The monthly report just coming out now. The report sees explosive growth in u. S. Oil output as prices rally. There is not that much of an impact for the moment on wti. Maybe traders are trying to see what that means for the markets. Coming up right here on bloomberg surveillance, we talked to an activist investor, one of europes largest equity funds later this hour. We will speak with gina miler about all things brexit and nigel wilson joins us to give us his take on where to find the best returns in 2018. Lets get straight to the bloomberg first word news with nejra cehic reporter Germanys Social Democratic Party is looking for other ways to sweeten its stint in angela merkel. Delegates bothdp this sunday on a proposal by Party Leaders to stop formal Coalition Talks with the chancellor. Vote,s predict a tight while young Party Activists lead a campaign to shun policy cover moses. Shun
Markets are set to break today. Manus welcome to bloomberg daybreak europe. Right here in the city of london. Santander missed in terms of net income but had long ratio dropping, statoil going for a cash dividend. That could signal a big turning point in the oil market. Those are your two opens. Lets give you the rest of the breaking news. When it comes to the nordic, continuing to see synchronize growth in the domestic markets. Markets remain margins remain stable. In 844. 1t had penciled Million Euros. Improved. Lity has management buffer increased by 180 basis points, the highest ever in terms of capital. This is the bank that said last month it would move its headquarters to helsinki from stockholm after complaining about swedens strict regulatory environment. The intention is to save 1. 3 billion in costs by moving their headquarters. Structurally they can bring down the cost and increase efficiency. Those are the questions we will put to casper von koskull after 6 30 a. M. This m
Kathleen is our guest today. We are 30 minutes away from the end of the session. Stocks falling for the sixth day as investors continued to digest what has been a heavy week for central bank commentary. Look at all these currencies rising against the dollar today, the pound continuing after those hawkish comments from governor mark carney. Yesterday, the rising yields continued. We got some data today, euro area Economic Confidence jumping to the highest level in a decade just two days after bronte confounded investors desk mario draghi confounded investors by offering suggesting there is room to he called for prudence and patients. Business confidence in germany ing the governing council next to me to set policy on july. Most economists do not expect a change in stance before the meeting after that on september seventh. Lets get back to the euro rising for a third day against the dollar, the highest since may of last year. Comments from draghi bolstering the view the ecb is preparing