Further into their private enclaves. May make aw settlement over its emissions seeking scandal at 4. 3 will dollars, that would push vw over its current position. A very warm welcome to bloomberg daybreak europe, our flagship show in london. Back at the obama administration, looking ahead to what donald trump means with his relationship with russia. Wishart start the show with this chart that puts it in context. The highs and lows of the obama administration, poverty with ted brents headwinds around gdp. Preserving hes legacy and the attention will be on donald trump and a confirmation hearings of some of his key appointments. But that in mind, the story around russia the very heart of rings today. What does russia know about donald trump and what did donald trump know that russia was collecting on him if anything . Donald trumps News Conference later on today. Lets put up the risk radar. Rookie keeping a close eye on what is happening to russian assets as result of this. How in from t
Anna a warm welcome to bloomberg daybreak europe. Im anna edwards. Manus breaking news, where in the middle of the earnings season. Anna lets go with the french banking sector. Societe generale, coming in above the estimate of 315 million. The other big strategic announcement in the headlines, the plan for an ipo of its car leasing business. The numbers coming in ahead of estimates. And carting including the sale of a croatian unit. Record low Interest Rates. Tougher capital rules. Ofaging to make the most improvements in the french Consumer Banking business that they operate. Iny plan to offer shares their auto Leasing Division this year. We will be bringing you further comments from our conversation with the deputy ceo throughout the day. Worked that coming up shortly. Manus we just had a red headline on commerzbank. ,his will be good news fourthquarter net income, the market had penciled in 173. ,his is the buffer of capital 12. 3 . Provisions for loan losses coming in at 290 millio
Also traction in the nikkei and topix today. Playerseeing energy showing signs of weakness, crew tracking at a twoweek low, so weakness coming through from or oil players. From stockstch out that have been doing well as of in particular. Some of the movers we are keeping an ion, samsung has hit a record high, up 4 . We have been speaking about the stock, finally investors have turned positive about pressure for change. You are seeing weakness from some of the korean cosmetic players. They rallied strongly during yesterdays session. Cosmax and others have been upgraded to buy. Metals, sliding from a twoyear high, perceptions in the market that supply is still ample. Iron oree saying should be near 50 a ton. Higher for an fourth session, up. 2 due to dollar weakness. If we look at the offshore renminbi, up. 2 . Fixpboc increasing its yuan slightly from yesterdays fix. Haidi thank you for that. To a twoweekose low, some fluctuations in the session. Cessio refuses to lower production despi
Week. Abe is getting ready to roll out the stimulus. The valparaiso may hear, set to teresa we have got may here. You can let us what you know of todays top stories by following me on twitter. Dont forget to include the trending business. The china and hong kong markets abouttting underway in 30 minutes time. Singapore and malaysia just came online. Look at what is happening this morning. Lot riding on premise or operate in japan today. The nikkei 225 up through 3. 2 . You got this expectation that there will be more announced. We do have to remember back in april when the boj unexpectedly refrained, we saw that big coming through. Investors buying the rumor. Looking at taiwan, it has come online, up by 0. 1 . 0. 2 , flatline and malaysia. Weaken seen the won against the dollar. The u. S. Hit that record high overnight, seeing gains of 0. 4 in korea. In australia, we are seeing some good moves. If we can get that up on the joint, alumina has a venture with alco. It is up by 2. 3 . Well
November 2011. Hang seng down 2. 5 . The Hang Seng China Enterprises index at a fouryear low. The Australian Market down 2 . Hong kong is leading the region. Out of the 50 stocks on the hang black. Nly one is in the quite a lot of selling coming through elsewhere. Shanghai market down by 1. 3 . China railways have in the standout day, though. Lsewhere, widespread selling thailand is coming online down. Every sector is in the red. Basic materials stocks down by 2. 3 . Looking at some of the nature. Overs the weakest performers are on the h share market in hong kong. Brokerage stocks coming under pressure today. Take falls in early trade today. Developers coming under pressure, now. Yanke missing 7. 8 . Fook with disappointing sales. Tencent in hong kong, one of the worst performers. Emerging market currencies coming under pressure. The Malaysian Ringgit being sold off. If we have a quick look at the japanese yen, we are starting to because Movement Everybody is selling out of equities o