Anna welcome to the program. It has just gone 6 00 in the morning here in london. Focus is going to be on the question of exit of brexit, the future of the u. K. Nervousness over the weekend of how weak the pound would be. The mayor of london decided he was going to back calls for a brexit. Moodys saying that it would be credit negative for the u. K. A lot of volatility in the currency markets. Manus the brexit campaign, will it be a campaign of fear . Euro sterling trading at 77. 78. Lovely one. This this is about volatility taking back to the u. K. Election in 2015. We were way above that level. The volatility is high. What it will be in six months time is rocking higher. Strategists say that dollar sterling will go to 1. 4080. The short positions in the marketplace. The least bearish on sterling since january 12. Anna lets talk about what Boris Johnson has said, the waves he created over the weekend when he announced that he wants to back a brexit. This comes from his article in the
Gets ready to ask more on march 10. We had a slightly higher forecast. Manufacturing falling to the one, a little bit below what economists were expecting. They were expected forecast of the two. Some of the european stocks. They are mainly in the green. Lets see if theyre sticking to that. You can stocks going from 1. 1 . This is after their biggest weekly events. We are seeing a lot of the miners on the higher side did this is the big story of the day. The dollar pound is at 141. 60. The pound falling the most in seven months. This is after Boris Johnson one of the most popular politicians in the u. K. Says he will campaign for britain to leave the eu in the june referendum. This is a concern about volatility. The markets to really know how to model a brexit for now. Crude gaining. Were listing to a former opec president. It just be see one of our top stories, a loss hsbc one of our top corporate stories, a loss. Lets get to bloombergs worth word news with nejra cehic. Nejra next fra
Nothing reported there, so just could be coming up a little funny in my system. 95 north and southbound at lorton road, you can see we look quite good here this morning. Inner loop after colesville road, left lane getting by that work zone. And then again outer loop at university, that one i just heard probably will hang around a little longer than normal. Left lanes getting by the work zone there, still have some crews out on the scene. It was a terrifying experience for a woman in Fairfax County. Police say she woke up to find a man in her apartment who then assaulted her. Molette green live in the mt. Vernon area with more on what we might learn from police today. Reporter good morning. Fairfax county Police Working to release a sketch of this man. We dont have much of a description to go on right now. Police tell us this man came into this womans Apartment Unit at 3 00 a. M. Saturday here at the woodlawn apartments. The victim was sleeping. The 51yearoldm says he threatened and the
50s this afternoon. Current numbers right now 51 roxboro, 53 chapel hill, 56 fayetteville. 52 in goldsboro. 54 wilson. 54 in Roanoke Rapids. Looking at the day ahead lunchtime cloudy and 55. Going home this afternoon 56 degrees under mostly cloudy skies with a few showers. Tomorrow better chance of rain, could see thunderstorms we will talk about that in the sevenday but now we talk weather and traffic with amber rupinta. Amber we have an accident in wake county u. S. 64 westbound around smithfield road theres an accident one lane getting by. Smithfield between and we will watch that. One lane getting by. Meantime, you can see some of the showers don was saying, spotty shower around Roanoke Rapids an i95 a little fog coming back south of the triangle around sanford. Orange. A look at 40 and south saunders no problems. We will check the drive times in a few minutes. Barbara wake county courthouse closing arguments expected in the sentencing hearing for Travion Smith. Gloria rodriguez th
Increased 300 last year. I am emily chang and this is bloomberg west. A crucial litmus test. A sunny forecast from a Cloud Computing giant. Shares of salesforce. Com had higher after hours. Talk about a solid resume, i sit down with an interview with reid hoffman. Waiting to big initial Public Offerings this week, square and match both expected to price their ideas any minute now. What are we expecting . Lets start with match. Match group is the Parent Company behind okcupid and. Ender then, of course, there is square. It hasthe company been a rocky year for the ipo market. These companies have what it takes to turn it around . Is ang me now in new york reporter who has been beating the drum. Alex, i want to start with you. Some dispute about the square valuation. It is apple to oranges, you cannot compare public to private. 5. 7 looking at a 5. 7 million valuation. Alex the most telling thing, theyre marketed range, they are looking at 11 to 13 a share. You there is some type of discr