Assets for more than 7 billion. Record u. S. Stockpiles send oil sliding. Jamiemorgans ceo dimon speaks weve Francine Lacqua speaks with Francine Lacqua later today. We are focusing on Donald Trumps first hundred days in office, brexit, and global banking. That conversation, coming up at 12 45 p. M. U. K. Time. Matt so, right about the time that the ecb releases its statement. You are not expecting a policy change, according to be economists we have surveyed. What we are expecting is an increase in the ecbs inflation forecast, 1. 7 this year from 1. 3 . The key is, guy, that we look at this headline number of 2 in europe. It is the core number that the ecb is more concerned about. That is less than 1 . It is because of the transitory nature of oil prices and you saw that yesterday in the 5 drop. They are focused on unemployment, which is high outside of the ecb headquarters in germany, where it is at a low. Guy matt, i am going to argue with you about this core. Look at what the output
Against russians deployed in the area. By consensus, the United Nations Security Council today formally nominated Antonio Guterres to be the next secretarygeneral. He spent 10 years as u. N. High commissioner for refugees he said he wants to serve the most vulnerable. The victims of conflict and terrorism, the victims of the violation of rights, the victims of poverty and injustices. The 193member General Assembly is expected to approve his nomination next week. Global news 24 hours a day powered by more than 2600 journalists and analysts around the world. Bloomberg technology is next. Emily im emily chang, this is bloomberg technology. Social media star snapchat may be getting ready for the Public Market. We will bring you up to speed on what we know. Plus, does anyone want to buy twitter . Shares fall 20 on news that prospects for a deal are falling apart. And a rare interview with the founder and ceo of chinas didi, how he won a care for and took over uber in asias biggest market. B
Another terrorist attack. When will we get smart and vigilant . Politically speaking, trump has suggested in the past that his candidacy is buoyed by the projection of strength in times of global instability, as he said on this program after the attack on brussels in march. Mr. Trump i thini every time we have a problem in this world, we have to do better. Id rather not have any problems and do worse, and i really mean that. But i think the retirement we have a problem in the world, i do better. Whenever there is a big problem, i go up. Because people view me as much stronger. Nicole Hillary Clinton on the other hand waited on this afternoon to weigh in on the news across today using an interview on cnn to comment on donald trump. Sec. Clinton it does appear to be an act of terrorism. Exactly how, the investigation will determine. He says a lot of things that are provocative. He makes defeating terrorism more difficult. Why . Sec. Clinton for example, when he says bar muslims to the un
Destroyed three central sri la nkan villages. Three bodies have been recovered. Tensions escalate between the u. S. And china over disputed international waters. Two chinese fighter jets intercepted an american reconnaissance plane over the south china sea. The jets came within 50 feet of the u. S. Plane. Ruledrado jury has Cinemark Holdings is not liable for shootings in 2012 that left 12 people dead. They could not have predicted an attack from gun man, james holmes, sentenced to life in prison last year. I am mark crumpton. Bloomberg west is next. Emily i am emily chang, and this is bloomberg west. Coming up, a question of trust. Did a highprofile meeting with Mark Zuckerberg convince conservatives that facebook is a friend . We get details from someone who attended. Plus, google and xiaomi a plan to take on apple and amazon. I caught up with Xiaomi Global Vice President and former google exec, hugo barra. And dysons second wind. The manufacturer is reinventing mainstream home appli
Ramy we are just off of session lows but i have to say that on fears of what is happening over at the fed, traders are concerned about the rising potential of an Interest Rate hike as early as june, and even here today, all the major indices are down for the year. We are down. 7 , similar to the s p. Pop into the bloomberg with me and i want to show you the sector health. Seven of the 10 sectors are in the red. Industrials are down the most, down by 1 , as it has been for most of the day, followed closely by financials. Utilities are the highest, but with Consumer Staples the secondhighest, half a percent here. Going back to industrials, they are down in large part because of what is happening with the airlines. This is down by about 2. 5 , in large part because of temper airrs, because of egypt flight being lost between paris and cairo. Officials saying terrorism cannot be ruled out. Lets take a look at what is happening even deeper in the Airline Board with specific stocks. Across th