Anna a very good morning, everybody. This is bloomberg daybreak europe. Were here in the city of london. Manus we have some great guest including the Greek Economy minister, joining us shortly after 7 00 a. M. Followed at 9 30 a. M. Ceo tim cookple and lloyd blankfein. This morning, one simple chart. The dollar went up. Look at the bottom of your screen. The dollar bulls were brave enough to show their face for one day. The chart is telling you the fed is stoic, if nothing out. If nothing else. Underpricing still about reducinge the view of where the longterm ultimate rate will be. That perhaps is little bit of softness. Anna that is a fascinating one to counter all the other hawkishness we talked about already. Diverging Monetary Policy between the fed and the boj as the boj does nothing. Lets put up the risk radar and cheney have markets have reacted. And show you how markets have reacted. A Balance Sheet reduction, meanwhile no change at the boj. The yen came down, yields went highe
Flat. The dax in germany up by. 30 . The moves would undermine opecs effort to try and control supply and raise prices. The wti is still sitting 50. 64. 22 are dead and Dozens Injured in manchester england. In this case, police say a suicide bomber likely detonated an improvised explosive device on monday night as people were leaving an Arianna Grande concert. Officials say that they believe they have, in fact, identified the bomber. The singer, Ariana Grande was not hurt. And several hours after the bombing she tweeted, in her words, broken, from the bottom of my heart. Im so sorry, i dont have words. Britains Political Parties have agreed to suspend campaigning until further notice. And donald trump made a joint statement with the palestinian president in bethlehem. So many young, beautiful, innocent people, living and enjoying their lives, murdered by evil losers in life. I wont call them monsters. Because they would like that term. They would think thats a great name. I will call t
Im wilfred frost. The longest winning streak for the dow and s p since february. The dow up about 0. 2 as is the nasdaq, the s p just behind that. Materials and utilities leading the gains while telecomes and financials the worst performers. Intuit, mattel and nrg Energy Better than expected earnings. Dupont is leading the dow on news there are changes to the dow dupont post merger plan. And ge around session lows following the presentation by the ceo jeff immelt, worried about the neglect it tiative im an accounting change. Here is what else is happening this hour. Five House Democrats are asking Deutsche Bank for information on president trumps alleged russian tries. Maxine waters and four others on the House Financial Services Committee Want to see any information the german bank may have on dealings the Trump Administration had with it. The nba says it will play the 2019 allstar game in charlotte, north carolina. This comes after the league moved this years game away to protest. An
29 below closing price. , whileles have expanded militants have disrupted production in nigeria. They are considering peace talks. Do follow me on twitter at rishaadtv, please use trendingbusiness as well. Include decision not to ashares in about 30 minutes from now. Malaysia, taiwan, giving their verdict as well. Noninclusion is oh top story. Our top story. Investors are now looking ahead, what will happen over the next , a seriesthe fed, boj of data points coming out of asia, most important of which will be a fresh set of trade numbers, new credit numbers come excuse me. That said, the kleins for a declinesaight day for a fifth straight day, extending losses on wall street. Losses deepening on very thin volume. Various metrics of implied volatility continuing to creep up. Vix is up for a Third Straight day. A lot of that has to do with a huge pop on monday. Caution, a threeweek low, currencies, strong dollar, stronger japanese yen, aussie dollar near session low, and bond yields eith
Now at about 8. 7 trillion. Mark after such a momentous day on friday for Global Investors post exit boat, lets look at some of the standout moves. Check out the go function. It tells you everything you need to know about all of the Asset Classes that moved. The lefthand column is equity s. Nchmark euro stocks, 50. A percent lower. Sterling, 8. 7 down. A record mov down. With the biggest fall in seven years. We saw yields move in peripheral markets by at least double points. The move was into the core markets. The credit risk moves and the commodity of the day on friday was gold, finishing by 4. 96 percent, the biggest oneday move since 2009. This is an interesting chart that shows you the differential in performance. Since daviddex cameron called the referendum on february 20. What was interesting was what happened at the end of may. We had this plunge as they said win remained was going to and then suddenly on friday, falling at least a. 7 . It was the ftse 250 whose constituents are