Assurances it will not suggest to firms breaking out research costs. This is a mifid story. We will talk to mark cudmore about the story shortly. The Bridgewater Associates founder discloses a 300 million bet against the oil and gas. Iant we will speak to them tonight. Ofio is down on a bunch companies. We will figure out that story. Than half hourss away from the start of cash trading. Take a look at equity index futures. You will see not a lot of movement that positive on the ftse and the pound goes down, negative on the euro stocks eurostoxx 50 index. Take a look at bunds. 36 handle on bund yields. Looking at a 36 handle. If i click here on the onemonth you can see that we were much higher over the past month, hovering around 45, 46 the entire time and we have seen bunds. Eal movement in bimd yields have come down as investors that for safety. You take a look at the Fund Managers survey and the indication there is must Fund Managers believe the yields will climb, not fall despite wh
The president elect renegotiates. Peter navarro will head the National Trade council. Matt that will be interesting indeed. A lot to talk about today as far as politics. We will take a look at what the equities markets have in store for us. Features here show a lower open across the board for European Markets after u. S. Stocks failed to rally yesterday. That 20,000 market on the dow seems elusive. As is my jacket which i am looking forward to. Matt will make jackets for those who have not tuned in the week. Lets talk about what is going on in the markets. This was franc is up and some European Markets are doing better. The euro app against is up against the u. S. Dollar. Are seeing a lot of turbulence in these markets, a lot of speculative money coming in and out. 4. 2 . Nal down by we will talk a little bit about this market later on as we head toward the end of the program. Lets get caught up on what we need to know. Juliette thank you. Japan has approved a record 825 billion dollar
Anna a warm welcome to bloomberg daybreak europe. I manus cranny. Donald trump with his First Press Conference yesterday, seven days until his inauguration and this is what he managed to interview as the ,arkets, the trump trade because of the lack of detail, we have a great quote from oscar wilde, in matters of grave importance in terms of physical, style not sincerity. Ofhas delivered a lack detail, and thats what the market has latched onto. His Donald Trump Style this is the dollar index. You can saven, but the trump mania trade has faltered. Anna show me the details is the market of the message the message of the market. How much does he cut back on globalization and what kind of fiscal stimulus, more importantly. Was that an unfair expectation . He was dominated by russia and Donald Trumps business interests, as we know. Lets show you where we are on overnight interest. The dollar index reflecting the questioning of the trump trade, more so reflected in the dollar against the yen
And seeing double. Luxottica agrees to emerge with the french rival. But how will investors view the deal . Were less than half an hour away from the european open, and it looks like investors are looking at equities in a negative way, with positive futures over in great britain. You can see futures down about. 5 , ftse futures up about. 25 . We saw the asian market overnight take a real tumble, then recover by the end of trading, to some extent. Not to gains, but not the kind midsession. Saw guy lets talk about whats happening with the pound. You talked about the overnight. The british pound down 1. 5 , treating just, just north of the 1. 20 line. Were clearly watching what theresa may will say on tuesday. We are still trying to figure out what will come through. It does seem as if there is the managing of expectations going on here, issues with donald trump, signaling that the u. K. Will be at the front of the queue. It doesnt seem to be helping out sterling. Its the easiest and most
Shells profit slides but the oil maker out maintains its outlook. Confidence signal [inaudible] we are talking to the ceo, the first here on bloomberg. And the fed. Sitting tight. Taking a waitandsee approach as it awaits clarity from the white house. Avp [inaudible] we are less than half an hour from the European Equity market. We will focus on all of the news as we work our way through. Weis start off with the screen. It is pointing to a negative stock. London looks like it will outperform a little bit. 4tinental markets down by of 1 . Lets show you what is going on around the world. The big story this morning is what is happening with the dollar, the dollar index, the bloomberg dollar index is softer and the and is trading at 112. 69. Up by around. 4 of 1 . This is what is happening with the bond yields. Have gotten more liquidity coming through. Yields climbing, prices are selling off. Lets get back to the real news, lets find out what is happening around the world. Deutsche bank s