Overview on what we are expecting. The main asset class that are moving. He stoxx 600 gaining 1 . Were seeing Bond Investments from saudi arabia. Stocks rallying and commodities rallying. This has to do with speculation that that the fed will remain acome tavet. Let me bring over to my bloomberg terminal. This is the picture for the terminal. Let me get rid of my messages. This is the picture for the c. P. I. Harmonize. Data comes out in half an hour. This is what mccartney will look at to see what he can or cant do in terms of cutting Interest Rates. It has an impact on our prices and the blue sideline prices. Input prices significantly rising more than inflation so far. Lets get straight to the first word news. Barclays says investors should buy european equities regardless whether the Federal Reserve raises borrowing costs in the next three months. Given the support from Central Banks from around the globe, the overall picture is very supportive of stock markets. Australias Central
Here in europe just wants to know whats going on in the u. S. Tom a whole bunch of things to talk about. We have the fed meeting, the bank of england meeting, job state. I want to know why you arent doing a 4 00 a. M. Are you slacking off . Francine its the european way. I really dont know who sets the international clocks. There is always one or two weeks where the europeans go down in our. Tom this is what has ripped up the script all the way across the New York Times and every other paper in america, for our global audience all i can say is there is no other story. Will be joined in a bit just stunning what happened in the United States this weekend. Francine it is. People are transfixed. Lets get to the bloomberg first word with taylor riggs. Taylor the European Union side of Free Trade Agreement t delayed in belgium. Just injured was in belgium for the ceremony. The agreement will cut tariffs for eu manufacturers on hundred Million Dollars a year. The eu had to overcome objections