Anna a very good morning, everybody. This is bloomberg daybreak europe. Lets talk about what is in catalonia and what impact that is happening on the markets. The euro down a little bit. Catalan separatist parties taking back control of the regional parliament. A very bad performance by the peoples party. Night for the local opposition. This doesnt necessarily take us any closer to independence, but the spanish Political Drama into used to unfold. Continues to unfold. We will watch for the yields on catalan bonds. The broader equity picture looks positive. A little bit in the asian session. We had some pretty threatened trading. Friday before christmas, fairly thin trading in the asian market. The 10 year yield is unchanged. Recovery. E treasury a little weakness in the yields. Billion, the strongest demand there since august 2012. Some people in the markets looking to protect their portfolio from inflation and perhaps to dual to do with the tax deal. At bitcoin. Oking it has fallen si
Welcome to countdown, i am anna edwards. It is 6 00 here in london this thursday morning. We have Many Companies reporting here in europe today. Lets get to the first of those major names, and that is the german industrial giant reporting numbers. Caroline has a breakdown for us. Caroline we are starting on a high note it would seem. The morning to you. It seems that the industrial profit is 1. 8 billion euros a month that is more than expected. They are reiterating the fouryear forecast to drive that profit up to 11 in terms of margin. They want to attain a target of 11 profit margin in the industrial business. They are seeing that being reiterated. Also confirming the forecast for at least 15 next earningspershare growth. They have a backlog of some 110 billion euros. When you look at overall sales they are coming in line. 18. 8 billion euros, that is in line for thirdQuarter Sales. An net income is a big beat. We are seeing profits being sales. They are grossing an overall industria
The work surveillance in london. This is a after the weekend of terror in london we will be live to the scene of the attack and to westminster with the latest on the investigation and a knock on effect this will have on the u. K. Election. Its on thursday, june 8 that the u. K. Kosovo. We will be joined by anna and nejra in just a second. But first heres first word news. Lets get started with oil here. For countries like by saudi arabia cut diplomate ties with qatar and access to the nation started over and its support for the muslim brotherhood. Rex tillerson has urged members of the Gulf Cooperation Council to remain unified. We encourage the parties to sit down together and address these differences. If there is any role we can play in terms of helping them address those, we think its important for the gcc remain unified. Says present jamie dimon says the bank is hoping to get up on the license in the country and would consider another venture in asias largest economy. Progressave m
I might have met one yesterday, patrick harker. The new philly fed president. Has a business background, academic background. Went to the university of delaware. Interesting guy. Has a Civil Engineering degree and a master in economics. He was trying to be a homer. I know. I got it. I was ignoring it. Thats your first meeting with this guy . Yeah, it was. Hes not as hawkish as charlie plosser. Much more down the middle. Love charlie. Hes on board with a few rate hikes, but not in a hurry to do more. Three more or three total . Three total. Two more. We had kashkari on yesterday. I know. I saw that. You did . I read the transcripts later. You did . Yeah. Some people with that viewpoint like the interview, my viewpoint. You heard, if you read you know what i was saying to him, i think hes crazy. Right. Because youre close enough to the statistical Inflation Numbers to where if youre at all forward thinking at all, now is the time. He just kept trying to defend that position. I thought wh
Futures down 35 points. S p futures up close to 6. Nasdaq down by close to 11. If you take a look at whats been happening in early trade, you do see green across the board. Angela merkel was dealt with a setback with election theres. The dax is up by 1. 5 . Cac up by. 33. Ftse,. 50 . And bank of japan with a meeting today. And here are some of the big stories that we are watching for you on this monday morning, the u. S. Condemning the latest attack in turkey. Leaving 37 dead, 125 injured. Officials say a car bomb targeted civilians the a bus stop. Meantime here in the United States, there are multiple injuries after an amtrak trail derailed in kansas. At least five cars jumped the tracks. The train was headed from l. A. To chicago. There were 142 passengers and crew on board. And flooding in louisiana and mississippi claiming at least four lives and forcing thousands to leave their homes. Flood warnings remain in effect across much of the region as rivers are at dangerously high level