The european markets were down a couple minutes ago. They are pretty much back up. It seems the feel good factor in u. S. Stocks have now petered out somewhat. Im looking at u. S. 10 year treasury yields, pretty much a picture of stability. The dollar off the trade bound. The dollar, gaining a touch. Coming up on bloomberg surveillance, we sit down with luca paolini, the chief strategist at Pictet Asset Management. Thewe will also break down saudi budget with the director of Economic Research at the Gulf Research center. First, lets get straight to the bloomberg first word news. Sebastian uber has lost the battle as it differs from traditional taxes. The car hailing app should be regulated. The eu court of justice ruling, think of the president sentting. British officials fear spain will threaten to veto, if negotiatey fails to with madrid. It has been in british hands since, 1713 but spain could make a claim over the land. To the u. N. Assador nikki haley is pressing other countries n
Central Bank Meetings later in the week. In advance of that theres not as much trading going on. Were seeing volume on the s p 500. About 15 below the 20day average. Were not seeing a lot of action here today as people are amazing those big news events. Also trying to figure out how to get into work tomorrow. If you look at the range in the s p 500, youll see that we once again see this tightening range for the s p 500. Now on the 103rd day that the s p has gone without selling at least 1 . Also related to the weather, were seeing some movement in the airlines. Downward movement as American Airlines cancels all of its new york city flights for tomorrow. And you can look at american, u. A. L. , and delta all trading lower. Flight aware dotcom reports that nearly 1,400 flights have been canceled today and 3,800 tomorrow. Not just new york city but boston, philadelphia, chicago being affected by some of these cancellations as well. Well continue to watch the airlines. Getting outside of s
Central Bank Meetings later in the week. In advance of that theres not as much trading going on. Were seeing volume on the s p 500. About 15 below the 20day average. Were not seeing a lot of action here today as people are amazing those big news events. Also trying to figure out how to get into work tomorrow. If you look at the range in the s p 500, youll see that we once again see this tightening range for the s p 500. Now on the 103rd day that the s p has gone without selling at least 1 . Also related to the weather, were seeing some movement in the airlines. Downward movement as American Airlines cancels all of its new york city flights for tomorrow. And you can look at american, u. A. L. , and delta all trading lower. Flight aware dotcom reports that nearly 1,400 flights have been canceled today and 3,800 tomorrow. Not just new york city but boston, philadelphia, chicago being affected by some of these cancellations as well. Well continue to watch the airlines. Getting outside of s
Control regime. House Speaker Paul Ryan is set benot speak not considering any major changes to the house care Gop Health Care bill as it stands. Showed the jump in the uninsured that was expected. Expecting that, that kind of jump in uninsured and house Speaker Paul Ryan not expect not considering any major changes. Mark 27 eu members without the key without the u. K. Set to look at june 20 for a meeting to authorize brexit talks. The u. K. May have to wait until june. So signals the eu, fascinating as we discussed when theresa may is likely to trigger article 15 article 50. Day. E down for the first Oil Companies are falling down by 1. 6 . Saudi arabias oil output gaining in february over january levels. Falling as down, much as 8 10 of 1 , the biggest drop since february in february. Prime minister may cannot trigger brexit. She is on target to trigger it by the end of the month. Game thate guessing takes place. Has a 115 call for the second quarter, as does hsbc and rbc. Investor C
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