Lift from the ecb, but if chinas cpi follows yesterdays disappointing ppi figure. After 24 hours of talks with the social democrats, no breakthrough for and allow merkel. But how much do germans really care . Matt we have the inflation numbers, the banks coming out. Look at futures, up across the board. This is the wei screen. Significant gains on the continent, lighter gains here in london. The treasury trade. This has been the saga of the past couple of days. After we saw u. S. Treasuries go above 2. 6 briefly and bill gross called for a bear market. In the other big names bond industry seemed to be positioned that way. You had the yield coming back down. Right now, we are hovering around 2. 55 . Been oneit may have day for us to use that term bondsmegedden. Yields downthe bond story produced an uptick in equity markets and the s p. Up. 7 yesterday. And i had a very solid session. Europe didnt do so well. Airlines had a very solid session. 120. Uro, back above you can see the moves a
Net income as the recovery in the crude price helps oil major boost profits ahead of expectations, while refining margins improve. The u. S. And brazil give ab inbev a headache as earnings slip the brewers two largest markets, despite the tieup with sabmiller progressing well. Front France Equities hitting a high as emanuel macron tears into Marine Le Pen plans before the final election calling her plans nonsensical. To make this happen, we have to leave a system that coproduced you. You are living thanks to it. You are its parasite. Good morning. Glad youre with us once again. Straight to breaking news in the form of central bank decision, this time from oslo. As expected, norways bank leaving the key rate unchanged. The key policy rate will most likely remain at 0. 5 in the period ahead. There is no statement coming along with that decision today. No rate path forecast. It says the 12month rise in the cpi rate was approximately as expe expected. So no major surprised from the norges
Mission technology. We get the analysis. Obamacare. Not enough votes to Debate Health care. There is another vote today. Will they now be able to repeal the Affordable Care act . Matt we are less than half an hour from the start of european trading. In equities, interesting to see how the carmakers do. Let me go through some of the headlines we have been getting out of daimlers ceo. He is talking in a Conference Call with the media and saying that the car industry faces a lot of negative news, there are two main strands, the diesel issue and the collusion allegations on the other. With regards to the collusion allegations, he said he has not bmws ceo Harold Kruger in the past seven days since the bmw ceo denied he colluded with the other two big german carmakers animations technology. Notwould wonder why he did pick up the phone to call kruger. He said he has not spoken to him. He also says he expects planned tax to continue. Any tax that these carmakers had agreed on in the meetings s
German survey. You are watching street signs. Lets give you some headlines this morning shares rising as the dutch Agency Reports strong european performance with double digit sales both in the Second Quarter. After the bell shares sliding in the companys Second Quarter numbers missed expectations and outlines a new structure amid pressure, of course, from activist shareholders. And higher prices boost earnings more than 50 . The companys ceo tells cnbc that the sector is driving growth im not worried about the core volume growth were ahead of gdp we see growth in automotive, which everybody says has slowed down in the first half of about 7 or 8 zplool we have the Expectations Index. Its below the headline record levels you probably want to have a look at as well, and the Expectations Index has come in at 107. 3, and that is above the consensus of 106. 5 lets say for once were not obsessed by Monetary Policy or obsessed by mr. President trump. Lets say you are looking at corporate earn
2thirds coming from chinese equities. They vow to defend its deal with ge amid reports that regulators are concerned over competition. Theres a change up at swit twitter. He grew with a market cap of 25 billion but his ten year was marked about criticism of slowing user growth. On a Conference Call he says the discussion began last year. Were fully committed to maximize value per shareholders and we see no reason why we cant continue to do that as an independent company. Were focussing on executing against the Strategic Priorities repeatedly repeatedly. I do not foresee any changes in strategy and direction. I believe in the course that the company is on and the Management Teams ability to fulfill it and execute on it. Twitter shares reacting positively. You can take a look at how its trading in frankfurt. Shares up about 4 . They will be on squawk on the street in an exclusive interview at 10 00 a. M. Eastern time. You wont want to miss it. To get those two individuals together and se