David and how is he going to pay for it . The United States is a little bit behind the u. K. They are on their second female Prime Minister. Alix glaxosmithkline ceo andrew witty and tom fanning will join us to break down all their earnings. I turn to you and say it is all about fx. Jonathan what captures risk sentiment that are then dollaryen in the fx market . Tn back with a 105 handle. Firmer, apple helping do that in the United States, and equities firmer in europe as well. Fifth straight a day of losses for crude, down 244. 37. Down to 44. 37. You might forget that today is fed day. A lot to discuss. Alix what matters more, the boj or fed . Lets check in with our Bloomberg Team for indepth coverage of all of our stories. Carl riccadonna on the fed as it wraps up its policy meeting as well as Matthew Cantor men on in europe aschael Deutsche Bank signals deeper cuts, and megan murphy in philadelphia. Jonathan lets begin with coverage of global Central Banks. We will have a more inde
There is an upside risk to the bank of england current forecast. You see that reaction in the market. Gilt still positive on the day come up by two basis points at the moment. The 10 year has taken a beating over the last week, a full basis point on the day pending 0. 91 , pretty much unmoved. Alix more data coming out. The boe sing the impact of august stimulus is encouraging in the secondhalf slowdown, maybe less severe. , but untilt more qe then, it is a wait and see data. Jonathan it is a longterm near nearterm longterm versus nearterm situation. You wonder what this means for the rate debate. I want to cross over to nejra cehic. Confusingt has been isnt the nearterm data points, the conviction around what would what would happen around and brexit vote. John come as you mentioned, we have had a sentiment indicators, the pmi rebounding in august after we saw them a head lower in july. That impact from brexit has been limited, at least for now. Economists change their views on whethe
And tom keene. We are trying to understand the markets, especially the fears around the Deutsche Bank. Tom not only the fear and the crisis and the charts but exactly what is cocoa . Think an explainer is in order. Maybe by the end of morning we will be a little bit smarter s. Th these odd derivative francine crucial, we will find out more throughout show. Lets get straight to the first word news with Caroline Hyde. The first votes have been cast for the first president ial primary in the United States. These oldfashioned paper bernie showed that sanders got all four democratic votes. John kasich got three and donald trump got to. Bernie sanders is beating Hillary Clinton by double digits in some polls. In the republicans, the polls show donald trump well out overhead. Later today on bloomberg, a twohour New Hampshire special on with all due respect starting at 5 00 p. M. Eastern time. In germany, to commuter trains collided. More than a hundred 50 were injured. The area is not easy to
Negative rates. Tom well inflation is there, and as we go to mario draghi. Im really interested in talking to lord Meghnad Desai. We efforted the queen. She turned us down. Francine well, for now. Tom our team did not come through. Francine well. I have the newspaper, the sun newspaper. Because i never read it or show it on air. Now lets get to the bloomberg news. It was a stunning loss for democratic frontrunner Hillary Clinton. The polls show clinton leading by double digits. And clinton showed support for them. The peoples revolution. That we are talking about. The Political Revolution that we are talking about is strong in every part of the country, and frankly, we believe that our strongest areas are yet to happen. Francine meanwhile clinton did win the mississippi primary. She now has slightly more than half the delegates she needs for the nomination. Donald trump tightens his hold on the republican race. He won the caucuses in hawaii. The single biggest story is whats happening
With a fed sandwich. Well do that with great focus tomorrow, but what a great conversation we will have with certain Howard Davies, stephen roche. Alan blinder will join us as well as we do the fed coverage. Francine yeah, and we also talk politics with Yanis Varoufakis. Im looking forward to all those interviews. Lets get to the bloomberg first word news with vonnie quinn. Vonnie thank you. Donald trump didnt get this week he wanted, but the front runner did win at least three of the five States Holding primaries. Trumps victory in florida was enough to knock marco rubio out of the race. Afterwards, trump talk to a party unity. The fact is we have to bring our party together. We have a great opportunity, and the people that are voting are democrats are coming in, into candids are coming in independence are coming in, and people that never voted before. Its an incredible thing. Vonnie Ohio Governor john kasich won his home state and says he will stay in the race until the convention. T