Relationship for a new age. Good morning. This is bloomberg surveillance. I am Francine Lacqua right here in london. We have a pack show for you. We speak to the former fed governor, randy kroszner, then the economics professor joins us that 9 30 a. M. U. K. Time. We will talk a little bit about regulation. The u. K. Brexit sector, the house of commons will be monitoring that, and any breaking news. First thing is first pure the dow yesterday reaching 20,000, so lets quickly check on your market. This is a picture overall. We are seeing a nice little post. Stoxx 600 gained 0. 5 . I want to show you what happened in japan. The global rally is picking up speed after that landmark for the dow. Gold in boston seeing a selloff. Lets get to the bloomberg first review with nejra cehic. Hasa President Trump enacted two of his campaign promises, it discussing a physical wall along the southern border, and a target on sanctuary cities, those failing to report those violating immigration laws. Pr
Rate. What will officials make of the new commanderinchiefs first 12 days in office . The euro. Ting chancellor Angela Merkel hits back at a top u. S. Traded pfizer for saying germany is giving the fx market. Which side will the markets take . We are less than half an hour away from the open of european trading after a down day at a close yesterday. Futures are pointing to a positive open this morning. The ftse futures and cap futures dax futures. Cap futures up. 7 of 1 . As we saw yesterday, things can turn around pretty quickly. Guy they can. Forextake a look at the column. The dollar is rising a little bit. You have the japanese yen down by. 41 . The swiss franc giving back a little bit of ground, that it has been one of the risk trades that we have been watching. Lets talk about what we need to know. Lets get the details of the session i had. Ahead. President donald has named neil gore such. Scene triggering a showdown with democrats. He would become the youngest justice since clea
Recalibration of where Economic Growth is heading. Guy and more evidence of what we have been talking about, low Economic Growth coming out of germany right now. This is Investor Expectations Going Forward and it is the expectations line that really catches my eye. The survey, 51. 8. The expectations, 6. 8. A significant miss Going Forward in investment expectations. Tom one of the big mysteries is euro over the next months and we will be looking at the bombshell Morgan Stanley report as one of our themes this morning. Right now to our first word news on germany. police shot and killed a man who attacked passengers on a train with an ax and a knife. The attacker was described as a 17yearold room afghanistan who applied for asylum. The president of turkey says he narrowly escaped death in the coup attempt. He left the seaside resort just minutes before the coup stormed in. He also said renegade soldiers took over the istanbul airport hours before loyalists maintained control. Theresa ma
President of the Peterson Institute for international economics, adam posen. Stephen king joins us for the hour. We talked brexit in the euro economy. All of that is coming up. Lets check these markets. For the u. S. , yesterday was labor day good happy labor day with a day late. This is the picture among a lot of the asia economies. The stocks rallied in asia. They were rallying in europe. Now they are down to 0. 1 . The hike this month remains subdued. The Australian Dollar rising. Crude oil trading above 45 a barrel after the worlds producers pledged to cooperate to save lives. If you look at nymex, it is higher because of yesterday. Even i on that. Lets get this keep an eye on that. Lets get to keep an eye on that. Lets get to bloomberg first word news with nara. With nejra. Weakness does a dance. A surge in goods from the euro area. A series of data signaling they economic events and europes largest economy has cooled. Bayer has upped its bid for monsanto a second time. The chemic
Also gives us an impact on what germany is doing. Germany with worse than expected data out this morning. Taylor philippines president the whitete house canceled a meeting after an expletive filled tirade at the u. S. President. Theonday duterte warned u. S. Against interfering in his war on drugs. He regrets that it came across as a personal attack. David davis told lawmakers there is no turning back and at the end of the process britain will be out of the european union. There will be no attempt to stay in the you desk in the eu by the back door. No attempt to engineer a second referendum. Because some people did not like the first answer. Taylor several parliamentary committees will investigate. Arious aspects of brexit in afghanistan the taliban staged a deadly attack that killed at least 24 people. 90 were wounded. The taliban and had been gaining ground and increasing ground in territory across afghanistan. Results from the election in china isow warning that anys theres any supp