The ibex on the flipside is weaker. Political unrest in spain. Ahead of the ecb meeting, here is where we are stacking up. 43 basis points. Gold at a low. Ecbd says david the will hold its policy meeting where mario draghi is expected to announce tapering decisions. Now, lets get an update on what is making headlines. Taylor shinzo abe gambled on early elections and won. That boosts his chances of winning another term. That could make him the longestserving leader. Investors responded. The increased role in the counterterrorism policy. The cia has increased operations in afghanistan. Joining to hunt and kill the taliban. Spanish authorities have rejected a call for negotiations. Day, i ams 24 hours a taylor riggs. Messy politics in spain will be the backdrop for the meeting. The theme is lower the amount and extend the bond buying program. From london, i want to get your take from the unrest we have seen from spain. Does it influence the ecb at all . At the moment, it will not be a key
Anna a warm welcome to Bloomberg Markets europe. Im anna edwards. Of in we will get a chart a moment but were waiting to bring some earnings for you. Anna weve got numbers from santander coming for you. Ahead of the forecast of 1. 73. In terms of the full in loaded ratios, the aim is to list the ratio above 11 by 2018. Ad loans ratio at 3. 74 a host of updates coming through come most of which are doing better than expected. Political stability in brazil was one of the expectations going into this. It got a boost from the strengthening reality in the of the strengthening rial, talking about improving performance in the banks 10 main markets. They plan to raise the dividend. We will speak to santander later this morning, the cfo will join at 7 20 u. K. Time. Manus big news from Credit Suisse, the decision was whether to go for more capital. A 4 billion swiss franc rights issue, the proposition was around 3 billion after the market but they might get swiss business. They decide to raise
Then actually our revenues are slightly up versus the First Quarter of last year. The Analyst Community was looking for was a sign that you had client balances back to levels we would have seen last year,. Especially your prime brokerage have you got that . Our prime workers business, we have recovered 50 of the bells we lost in the Fourth Quarter of last year. Not yet fully back. We see this in all businesses. When we need to be mindful of the fact that when clients come say, lets reengage, it is not that the following morning you report new revenues. It takes time to work on transactions. Take corporate finance. In reality what we are seeing is revenue in the First Quarter of this year is largely stuff we worked out in the prior quarters. See a lot of reengagement of clients across all business lines, or you can see some immediate effect in Asset Management, new assets and wealth management, that you can see immediately. Prime brokerage. When you compare with the Fourth Quarter of la
Fed. You will be in washington for the fed. Big day, though not much is expected to happen. Negotiators still have to vote on a deal. Trump gets none of his priorities. It will be interesting to see if he would veto it. An ordinary president , you would say no. Mike pence said yesterday they might not pass obamacare, the repeal, until the end of 2017. Francine we will have marty sheckler with us. By now, lets get our first word news. Reporter more on the spending bill in washington. House and Senate Negotiations have reached a budget deal that rejects most of President Trumps ideas. Republican leaders bowed to democratic commenced to limit hundreds of policy restrictions. The measure does not include money to Start Building a wall along the border with mexico. The u. S. Is considering a range of options regarding north koreas military operations. Over the weekend, kim jong uns regime tested another ballistic missile. That was in open defiance of the International Community and lucky to
Profit climbs 12 . From hsbcs and cfos this hour. Trading now. We are 30 minutes away from the enend of the thursday session. Italy leaving the advance. 1. 9 . Alian met by those currency, all those currencies in the second column arising against the dollar today. Inlds continuing to fall greece. To tell younings about. The trial it prompted a surprise drop in First Quarter profit global and revenueservices up by 8. 3 . 4 . Ks up fixed income, revenue jumping 12. 8 . Bnp posted 30 plus increase for both businesses. Shares up by two thirds of one percent. Today, how much scope for a rally do we have in assets. Emmanuel wins the french president ial election on sunday . Look at what options data is us. Ing the one month implies volatility euro drops. Thats the blue line. Than 20 during the first round. Of lowthe sign protection against currency. Volatility ahead of the vote. That is the blue line. Keep an eye on that shot tomorrow. Is another interesting shot ahead of the big political e