Matt yeah, i am actually going to try to pull off bunds, as i suspect you will see an impact. Not as much of an impact, but it could be that we are currently finished with trading. Right now, obviously, 5 00 here in london, 6 00 on the continent they do not open until 8 00 p. M. It looks like they have finished trading for now. For the day, a drop to negative 0. 145. Oliver we can scarlet we can track the yield on the 10year. It is at session lows, dipping to 1. 4612 percent. We are at session lows. However, you are looking at the s p. Oliver the s p got a little bit of a pop in the last 10 minutes. We are at a bit of a rally this morning, but you can see this kind of pop. This will potentially bring more loose money into the equation. We have seen that with fed funds going to zero following brexit. Were back to the situation where, guess what, maybe this is in a perverse way good for equity markets and good for people that want to see continued accommodation from Central Banks around
There is a lot of uncertainty. Shery does big pharma have a prescription for brexit side effects . That is straight ahead on bloomberg best. Hello, and welcome. I am shery ahn. This is bloomberg best, your weekly analysis of interviews from Bloomberg Television around the world. This week has been all about adjusting last thursdays u. K. Vote to leave the European Union. On monday, the market moved in uncertainty, and nowhere else things uncertain than in britain, with the leadership was thrown into chaos. Nejra it is interesting what the next step will be, because logically the next step would be for the u. K. To trigger article 50 and actually start the negotiations on leaving the eu. Actually, other governments in europe are not expecting David Cameron to do that when he needs other eu leaders on a meeting on a tuesday in brussels. What he wants is some kind of plan for what happens next. John this is understandable. The will of the voters is to be respected. I dont see this where i
Pmis, this is essentially data that came out before brexit. We had the vote last friday. Juneacturing pmi for rising. Germany manufacturing came out five minutes ago. Thats rising at 54. 5. The picture for eurodollar at 1. 1108. Lets get you what the european stocks are doing overall. Asian stocks were gaining a touch. I guess we lost a little bit of momentum in europe. Worldou look at the msci index through the week, not adjusting it for currencies, at the same levels we saw last friday. 0. 1 . X index gaining lets get to the first word news. Nejra data out of japan shows another lackluster month for the worlds Third Largest economy. Retail sales and Household Spending stagnated, and inflation fell 0. 4 from a year before. Manufacturers Confidence Health study, although the survey was almost wrapped up by the time the brexit turmoil emerged. The latest figures show chinas Manufacturing Sector treaded water in june. Pmi fell to 50. The services sector, he continue to improve with the o
Warn investors. There is a lot of uncertainty. Uncertainty is the enemy. Shery does big pharma have prescription for brexit side effects . It is all ahead on bloomberg best. Shery hello, and welcome. I am shery ahn. This is bluebird best bloomberg best, your weekly analysis of interviews from Bloomberg Television around the world. This week has been all about adjusting last thursdays u. K. Vote to leave the European Union. On monday, the market moved in uncertainty, and nowhere else things uncertain than in britain, with the leadership was thrown into chaos. It is interesting what the next step will be, because logically the next step would be for the u. K. To trigger article 50 and excellence start those negotiations on leaving the eu. Actually, other governments in europe are not expecting David Cameron to do that when he needs other eu leaders on a meeting and tuesday. What he wants is some kind of plan for what happens next. This is understandable. The will of the voters is to be r
Uncertainty. Uncertainty is the enemy. Shery does big pharma have prescription for brexit side effects . It is all ahead on bloomberg best. Shery hello, and welcome. I am shery ahn. This is bloomberg best, your weekly analysis of interviews from Bloomberg Television around the world. This week has been all about adjusting last thursdays u. K. Vote to leave the European Union. On monday, the market moved in uncertainty, and nowhere else things uncertain than in britain, with the leadership was thrown into chaos. Nejra it is interesting what the next step will be, because logically the next step would be for the u. K. To trigger article 50 and excellence start those negotiations on leaving the eu. Actually, other governments in europe are not expecting David Cameron to do that when he needs other eu leaders on a meeting and tuesday. What he wants is some kind of plan for what happens next. John this is understandable. The will of the voters is to be respected. I dont see this where it is