Equity futures lower on the ftse. The s p 500 went down. Bid into the bond market. Into the bond market we go, negative almost 60 basis points on a 10 year. Its like a throwback to our days together five years ago. There is some weight to this. Good morning. Annmarie certainly, it is. Were so excited to have you back. An absolute gladbac bloodbath, nymex dropping below 39 as the resurgence of cases in europe not going to bode well on the demand side. The supplyside worried about libyan oil barrels. Softer. A bit this is the prospect of fresh stimulus. That helped treasury yields rise. Jonathan thank you. Lets get the first word news this morning. We can do that with laura wright. Laura china is laying out a new plan for Economic Growth this week in beijing. President xi jinping is holding a meeting to decide on the next fiveyear plan. Its expected to focus on technological innovation, economic selfreliance, and the environment. But the event is closed to the press. Key decisions wont b
As we await clarity from jay powell in the new inflation policy. Ray dalio says fiscal and monetary injections have put the dollar under threat. Johnson revolt, boris reaches out to rebels in his own party to gain support for his plan to override the brexit deal he struck with the eu. Ftse futures are underperforming. Facebook versus the ftc, u. S. Authorities are preparing a possible antitrust lawsuit against the social network. Kim kardashian urges her 188 million instagram followers to freeze their facebook accounts. We have breaking news in the form of earnings coming across the ticker. Thespanish giant hosting of 8 billiones euros. Net sales a little more than 8 billion euros. We were expecting a net loss in the first half. Euros in 195 million terms of earnings before interest and taxes. There was a loss there also, 198 Million Euros, but it did have a positive earnings before interest taxes depreciation of 1. 4 9 billion euros. We will bring you any breaking news. Remember yeste
Governor has the central bank is expected to lower its rate path. Anna this is bloomberg daybreak europe. Lets talk about what been going on overnighting westminster. I am live on ground as we discussed another night in the commons and house of lords. A deal to block no brexit has made steady progress through the house of commons and into the house of lords. Overnight, there was a fear it would get weighed down by all wrecking amendments put forward by the government but that doesnt seem to have been the case. Things moving faster than expected to see the approval of that bill that will block a note of brexit. Could Boris Johnson forced to go to brussels and ask for a delay, something he said he would not do . Would he not deliver brexit by the end of october . He said he would do that, do or die. Timing will be everything. Jeremy corbyn has said he wont give the Prime Minister the general election is looking for an hes assured the passage of this bill. We will look at what the labor p
About that later in the program. They are both rising and watch the turkish data drop later on. The tape turkish stock market had a solid day bouncing back on the political concerns that we are watching at the moment. It is interesting to see the brazilian market bounce as strongly as it did. Lookmuch in play as we for the fed minutes. Catalonias president has said he will seek talks with the government and matured over the future of his region in spain. The announcement burress back from an immediately immediate declaration of independence. Is call for dialogue. Europe is afraid of the outcome if there is not ilog. The calls should be heeded. We need to open up a time to have dialogue with the state of spain. Donald said hent taxs to make changes to the form. He dismissed concerns that his public spat with senator bob corker would scuttle an overhaul. The framework they released last month has been criticized for adding to the budget deficit. Independent analysis suggests it would rai
Wasas the asset bubbles he worried about. We will continue to talk about that. Markets areow the reacting to this complicated decision. We of newsmakers throw the Program Including a Company Chairman and formal Federal Reserve chairman Alan Greenspan. And black rock ceo larry sink larry fink. It is quite a big program. First a check in the markets. Hawkish hold one hundred percent risk rally across the globe. Take a look at this it is green all over in europe. Telecom leading the way, euro stoxx 50 energy also moving higher. The dax now at a two week high. What does that mean for fx . It means a weaker dollar. You have the british pound up against the dollar. The one currently not in this is dollaryen, it is higher than you have investors digesting the boj decision from yesterday. Ng across theyi board. A strong rally in steel and iron ore. Those risky bases are seeing a huge move also crude is up. In the bond markey, i market, it is buying in the wrong end of the curve. Different 10 y