Daybreak europe, our flagship morning show from london. Lets talk about what has been happening in the markets and what has not. Volatility has not been happening. Ive got this chart, volatility in fx markets. Swings, currencies remaining well below average. Of volatility is something we talked about with our guest on a number of occasions, and seems important to talk about, given we have seen from the g20, avoiding protectionism. Would there be a mention of trade . Will they produce the communique at all . Volatility still at fairly subdued levels, and this is out of the week where global stocks have had their best performance since january, and emerging markets have had their best performance since last summer. Lots to talk about. Lets put up the risk radar it show you where we are in the asian session. The bloomberg dollar index a little bit weaker. Some nervousness around that g20 story. Itsdollar heading for longest losing streak since the trump win, the yen hitting it strongest l
In the first televised debate of the campaign. Emmanuel macron, has he got the first to lose most to lose . Could shortennk the break between the end of the using program and a rate hike. Matt . Matt yeah, we are less than half an hour away from the cache obeying. Take a look at where futures are trading. Down across the board. Not huge drops, but we see drops about. 1 on the continent and less over in london. , so the question is, will markets swing at the open volatility at the open . Volatility has really been lacking. Guy let us talk about the gmm and want you across the board and show you what is going on. New zealand, fascinating. That is the construction sector. Downgrade in the construction sector. Down again this morning, folks, so that is something to Pay Attention to. More weakness in the dollar. Interesting for an emerging markets story and what is happening here in europe and interesting for what is happening with the cable rate as well. We used to call this the Jonathan F
House election. And osborne hits wall street. The u. K. Chancellor heads to new york, aimed at shoring up confidence in the u. K. As economists think the bank of england governor could act as soon as this week. Caroline is in berlin. This is on the move. Not countdown. Im catching up with myself. It is too much for me. Futures up in london. Harris indicated up 1. 7 . This is a brisk march higher in the markets. What you saw there was a nice, strong reading. The world is asking itself, where are we . London, paris, frankfurt, the next indicated stronger as well. We have stronger market. Citigroup are bullish on commodities for 2017. Caroline . Caroline that march higher in futures being brought over from asian trading. We have seen significant gains on the msci asiapacific. It has been a cracker of a day in japan. Prime minister abes Ruling Coalition winning the upper house election. Earlier today, talking about old economic measures he wants to put in place. The yen underperforming as
Officer. This is like aerial combat. It is about advantage. And all advantage is fleeting bloomberge from here you are never permanently European Headquarters in london. Defended here you are never this is what we are talking about. Breaking news on the ecbs omt. Permanently successful on the offense. It is all a tail chase. But you can make yourself are they will ask the Top German Court for device on it. Less likely to be a successful this just crossed bloomberg target. Look, i understand the turner will terminal about 10 chancellor sensitivity but let me tell you what we did to our president when he was minutes ago. The Constitutional Court has president elect. The senator was wedded to that sent omt, the unlimited bond blackberry. Buying plan at the ecb, to the president elect, European Court of justice. They say the ecb program may the Security Services said, we cannot do that. Overstep limits. The blackberry is unsecured . They are more secure than let me take you back a few said
Will mean for patrick and will save the world order as the country stands for so i have a look at the sanctions that have already been in homes. I against russia in march six the un us agreed to a staged approach own sanctions on march and sixteen had just as referendum had taken place the us or did the freezing of assets and travel bans on eleven individuals and the eu imposed it from its epicenter of its own against the twenty one individuals and that was where things stored until tonight when Barrack Obama had this to end. Weve been working closely with our European Partners to develop more severe actions that could be taken. If russia continues to escalate the situation. As part of the process. I signed a new executive order today that gives us the authority to impose sanctions not just on individuals but on key sectors of the russian economy. This is not our preferred outcome the sanctions would not only have a Significant Impact on the russian economy. But can also be disruptive