The stoxx 600. One week sterling volatility jumps to its highest level since early november after theresa may says she will outline the governments plan for brexit and the trump trade faces the earnings test as jpmorgan, bank of america, and wells fargo prepare to report. Morgan stanley casts a shadow, reportedly cutting senior bankers and bonuses. Good morning. Welcome to street signs. Lets get straight into our top story. Thats Fiat Chrysler. Well give you a check on shares because they have been rebounding in todays session. You can see theyre now higher. This after a major drop, though they are leading the way to the top of the stoxx 600 after shares plummeted thursday after the u. S. Environmental Protection Agency accused the automaker of violations against the clean air act. This rattled investors, but we did get a Strong Defense coming from Fiat Chrysler. The ceo, Sergio Marchionne saying we are not criminals and drawing the line under any comparisons to volkswagen. He wanted t
Thats an appropriate song for friday the 13th. Good morning. Happy friday. Welcome to Worldwide Exchange on cnbc, im sara eisen. Im glad you reacted to that rather than my quip earlier. My name is wilfred frost. That was the earnings. Yes. You didnt pick up on it, or you are just being mean to me like you have been the last half hour . Long week. Its friday. It looks like sara is upbeat in the last 15 seconds. Just. Lets check in on the global markets. As for u. S. Equity futures, stocks closed lower, but way off the lows of the session. Especially as europe closed yesterday morning, things started to improve in the u. S. Session. Dow futures positive today. Up 11. S p futures up 1 1 2, nasdaq futures up 4, this comes after the nasdaqs first and only down day for 2017. Breaking that tremendous winning streak of five record closes in a row. The dow at one time us with having its worst day of the year, but recovered. Yesterday yields were lower, the reversal of the trump trade, weaker do
With be unleashed. Oil oscillates as producing nations say its too soon to tell if an output deal should be extended. Cnbc speaks exclusively to the Saudi Oil Minister and opec secretary general. Investors gobble up just eat, sending the takeaway firm to the top of the stoxx 600 after earnings rise 93 . Good morning. Good morning. Good morning. European equity markets today, very flat on the open. Thats what were hanging on here an hour into trade as seen in our main european heat map, as we like to call it. You can see were flat at the moment, heading further into trade. This comes off the back of a busy day with regards to news flow. A lot of big deals being done, and the Deutsche Bank announcement theres an 8 billion euro cash call. The main European Equity markets reflecting what youre seeing on the stoxx 600, flattish markets to slightly mixed across the board. We have a couple of big Company Results that are weighing on the indices. Want to show you the sectors oneonone. Autos ar
Welcome to bloomberg daybreak europe, our flagship morning show from london. Im anna edwards. Manus im manus cranny. Anna lots of earnings coming through, keeping and ill the transatlantic m a. We have sap numbers coming through, reiterating the 2017 forecast and giving us a host of numbers. Q1 revenue beating estimates, that is one of the headlines. Its coming in at 5. 2 9 billion euros against an estimate of 5. 16 billion. It does seem as if that is where we got the sap story. Jousting with longtime rival in thecore, this is context of the Software Says it ishe company being run in their data center and Cloud Computing software delivered online, for all those different products on different platforms. Oracle reported a big jump and that competition is key. Watch out for Software License sales, that is what the big factor is, and the prophets number is 1. 2 billion against an 1. 20 3e of one point 2 billion. In novartis, theyre looking at 1. 11. They have been spending money on their
New page and downgrades the stock and cuts its target price. The italian stock market underperforms its european peers. Monte dei paschi weighing on the ftse mib as Shareholders Approve the banks 5 billion euro cash call but sell out of the stock in early trade. A revolt over romney. A number of republicans go public with their opposition to Donald Trumps secretary of state frontrunner, longtime rival mitt romney, while the president elect prepares to name wilbur ross as commerce secretary. Hi everybody. Good morning. Happy friday. The end of another week which means what date is it today . A month away from christmas. I actually started doing Christmas Shopping yesterday, believe it or not. European equity markets this morning a bit lower, just a couple points off. We are looking at asian markets set for weekly gains. U. S. Twoyear treasury yields hitting a high. And were seeing a slide in the price of oil ahead of this opec meeting coming up. Some other commodities trading lower. Sho