Corvex management having a 400 million stake in the french food company. Good morning it is tuesday. Once again, European Equity markets are heading higher that said we dont have all the equity markets open today. Volumes will be lower than usual given that there is a Public Holiday in the places like india, poland, greece. The xetra dax is what were showing. Its up by 0. 25 so were still benefiting from this return to equities, this return to risk after we are trying to forget about the risk aversion that happened last week given the events between north korea and the u. S. Lets look at the european markets one by one the ftse 100 is up by 0. 1 the cac 40 is up by 0. 2 danone is a factor well get to that story in a bit. First, lets focus in on the big news out of washington and the u. S. Yesterday intels Brian Krzanich and kevin plank are the latest ceos to step down from President Trumps ceo council. This after the president failed to single out white nationalists for violence over t
Allegations. Is 8 00 a. M. Across the emirates. Welcome to Bloomberg Markets middle east. , andyousef gamal eldin with me is shery and out of hong kong. Shery it looks like bat reflation trade may be far from over. Were talking about that shift from global lawns into equities continuing as Inflation Expectations rise. ,ook at the gmm go function markets following that global hshares climbing again, the longest winning streak in two months. Also, the japanese yen losing ground,. 6 , helping the nikkei topix get a boost. Copper leading the gains and metals, up 4. 8 . Stillopper mine in chile closed as bhp workers go on strike. You are looking at treasuries in the u. S. . Yousef yes, specifically Foreign Holdings of u. S. Treasuries. We have seen some interesting trends, investors getting second thoughts about financing u. S. Plans and u. S. Projects. Take a look at this for the 5937. Ctive, btv you can see the selling has been going down on an annual basis for some time. Net outflows in
Mark lets get the bloomberg first word news. Here is sebastian salek. Sebastian theresa may says parliament should be allowed to taking britain out of the european union. Seemed to come after they dumped the pound of a concern the pm was taking a gung ho approach. By a third following the note 7 crisis. The company said profits will come in at 5. 2 trillion one, won, down. Llion donald trump has gone on a twitter offensive, blasting Paul Reid Paul ryan as weak and ineffective. The shackles have now been taken off of him after ryan condemned his comments about women. The nominee continued his campaign speaking in panama city. This election will determine whether we remain a free country , or we become a corrupt, banana ublic controlled by large and foreign governments. The election of Hillary Clinton would lead to the destruction of our country. Againstn fraud charges to a junk rating according to investors. The possibility of an increase in borrowing costs back on the table. He was sum
The death this weekend of revolutionary leader fidel castro. This morning president elect donald trump threatened to roll back recently restored relations with the island nation. In a tweet he wrote, if cuba is willing to make a better deal for the cuban people, the cuban american people, and the u. S. As a whole, i will terminate deal. The tweet came the same day commercial flights to the island nation resumed. American airlines took off from miami, jetblue departed from new york. Michelle carusocabrera reports tonight from havana. Reporter although fidel castro stopped ruling cuba ten years ago, his presence loomed large until the end. Observers have long speculated that his successor, younger brother raul, might make more meaningful economic changes once fidel was gone. The Economic Reform Program that raul began in 2011, which is to move toward more of a market socialism on the china model, was something that fidel castro had always rejected himself. And the normalization of u. S.
The death this weekend of revolutionary leader fidel castro. This morning president elect donald trump threatened to roll back recently restored relations with the island nation. In a tweet he wrote, if cuba is willing to make a better deal for the cuban people, the cuban american people, and the u. S. As a whole, i will terminate deal. The tweet came the same day commercial flights to the island nation resumed. American airlines took off from miami, jetblue departed from new york. Michelle carusocabrera reports tonight from havana. Reporter although fidel castro stopped ruling cuba ten years ago, his presence loomed large until the end. Observers have long speculated that his successor, younger brother raul, might make more meaningful economic changes once fidel was gone. The Economic Reform Program that raul began in 2011, which is to move toward more of a market socialism on the china model, was something that fidel castro had always rejected himself. And the normalization of u. S.