Rising supplies in the u. S. And libya. Matt welcome to bloomberg daybreak europe. Our flagship mornings show here in london. Im standing in for manus cranny. Anna todays the day of the queens speech. The name is a little misleading, is not written by the queen, but its delivered by the queen. Is the first glimpse of the legislative agenda that is over the intended next two years by theresa may and her minority government. How many domestic policies does she need . The voting takes place next week. Lots to talk about but more broadly, we need to talk talk about whats been happening in china. Take us through some of the market action. Said there was muted reaction in the market today with chinas msci inclusion, but of course its been long suspected, they tried three times already and failed. Here you can see over the last year a runoff of investors piling into a share etfs before the decision. We talk a lot about buy the rumor, sell the news. Today it was by the rumor and save the news
Be as markets are giving us a lot, a lot of news, just in themselves. There is a lot overall. Oil is still sliding. Global stocks are retreating and you can see that clearly in europe with the stoxx 600 down 0. 7 . The yen strengthening. We see a risk off mode with crude oil tumbling into a risk off mood. That will persist. We also want to look at the shanghai equities, and the chinese domestic stocks. I will show you that shortly and then the pound, of course, it is the cleans speech it is the queens speech today. Lets construed to the bloomberg first word news. Reporter saudi Arabias Deputy Crown Prince Mohammed bin Salman Al Saud has replaced his son as heir to the throne. The shocking announcement sonsidates the sokings power. Algian shoulders have shot suspected assailant from brussels. Had allin station wit tarins haulted. The interior Affairs Ministry confirms that military staff had intervened to neutralize an individual. Chinese stocks will be added to the msci indexes. While
From dow 20,000. The key now 45 for dow futures. S p futures than seven. Lea the nikkei falling over 1 in china the shanghai composite also innings below are appeared drained to Oil Prices Rose 10 prices rose 3 cutting back on production in the chinese economy improving. Although 52. 52 a barrel. Lea yields drifted lower by 2. 3 . Facebook says its not a Media Company that gears up for new Journalism Project anyway. We will tell you all about that. Lea and sports, are the San Diego Chargers heading to los angeles . We may find out the answer in a few filipina quarterback had you make some money . Nicole good morning. 5 01 a. M. We welcome you to fbn am, your first look at morning markets and breaking news. We welcome you cant train six. Lea good to see you. The Republicancontrolled Senate took the First Step Towards dismantling present upon this health care law. The nonbinding measure to set up a process didnt come quickly or say why they oppose it. Miscount well. Debate is not allowed
We are on the bridge that current connects midtown area it up next, we learned about some of the historical events at stake in the city. The name is pauls creation. He thought the city could be divided into two halves and the first half he called the city intended, second half the city is intended. The book comes from 120 newspaper columns that paul beers took over a year and its clear to me that paul intended to be a bunker it would work as a book. He was a columnist for the harrisburg patriot and evening news over 25 years. So at about 3 Million Words he said when heretired. People read him voraciously. They were always quoting him. He was an outstanding storyteller and thats why this was a natural book area and we wanted to show off pauls, it was always controversial, harrisburg being the state capital because some people thought the city didnt deserve it. It grew from very little to something noticeable. It was controversial at the outset because they built a wonderful state Capita
Facebook shows thousands of developers. Sand target investors and in focus. First messenger which just last week announced accelerating growth to 900 million monthly users. Facebook is expected to make it easier to chat with users and invite them to easily make transactions all about leaving messenger. Ahead of the event drop box announced its sbi grating into messenger. Part of facebooks plan to allow people to do many things on their phones without ever leaving the app. Days after announcing features for live video and new prominens on the app we expect new technology and premium content. Analyst calling video a core focus area and opportunity Going Forward and third oculus to hear about ways to develop content for the platform and more ways facebook is sbi grating oculus into the rest of the social network. All three of these areas represent opportunities to tap into new Revenue Streams and well be listening for news about new add formats and new measurement tools. Mark zuckerberg t