June 8. We are getting data one hour from now. Lets quickly get to the markets. The pound definitely, the story of the day, dropping. I would point to the latest polls by u. K. Government. We have our London Bureau chief joining us to look at what a Hung Parliament could look like, and whether we believe the p olls or not. He vix, down from 1. 8 virtually600, unchanged. Lets get straight to the bloomberg first word news. Reporter in afghanistan, as many as 80 people have been killed and 350 injured in a suicide car bombing. There was a rate on the countrys Largest Military hospital in march. The u. S. Says the first ever test of the Defense System against an Intercontinental Ballistic Missile was a success. This was after a groundbased interceptor shot down a mock weapon over the pacific ocean. This comes amid mounting tensions with north korea. Reynard says soft inflation could make us rethink the path forward for Monetary Policy, should it linger. U. S. Growth looks poised to rebound
Someone from Morgan Stanley. Toid later, we continue focus on farmer with the merck ceo and chairman ken frazier, two important interviews you do not want to miss. Lets look at the markets. Jon futures a little bit softer , down by a 10th of 1 , the footsie with the biggest week of gains since 2011. Switch onof 1 , the the board and get to the bond comet, 10 years, treasury alltime lows, down by six basis points on the session, a softer down to 10 of5, 1 , expectations that a little bit of stimulus in the pipeline from the bank of england coming this summer. Alix that was the big news from yesterday didnt around the world, indepth coverage of our top stories, paul dobson is in london on the treasury yields hitting historic lows and the latest developments on the race for Prime Minister. Beijing, the latest manufacturing numbers in china and julie hyman on the stock move we saw. We begin in the third quarter, individual members. Lets start with paul dobson in london, is record low yield
Is it better to travel then arrive . What would impeachment really mean for brazil . Welcome. Where a half hour away from the open. Let me take you to the bloomberg did let me show you where we think that open is going to be. It is a shortened week, as a result you may not see the volume you normally get. We will be opening softer did the euro stoxx down by. 3 . The cac looks like it is going. 6 . En softer, down by what else is on the move . King dollar. What is happening as the recent move down has the recent move down started to run out of steam. You it is up by. 1 good crude, that fellow friday, it has extended into monday. We are trading on the brent contract, just north of 50. We are going to talk to a major out of nigeria. Shanghai very strong. That rally continues. Take a look at gold. Check out the goldsilver ratio. Lets talk about what we need to know good here is the bloomberg first word news with Timothy Loehmann often. Above 50,000 level for the first time in two months. T
A meeting between president obama and raul castro. The president is expected to urge castro to seize the opportunity to improve u. S. Cuba relations by expanding human rights and Economic Opportunities. For the second time since friday, north korea has conducted Ballistic Missile tests in the sea of japan. Officials say kim jonguns regime launched five short range missiles today. Earlier this month, the United Nations Security Council enacted sanctions to punish korea for another Missile Launch as well as a nuclear test. The German Government says it took in 2 million refugees last year. A 49 increase compared to 2014. Of those 2 million, 860,000 have moved to other countries. Angela merkel has resisted measures to control migration such as putting a constraint on the number of refugees. ,lobal news, 24 hours a day powered by 2400 journalists in more than 150 news bureaus around the world. Im pimm fox. Matt thank you very much. Good morning. Take a look at markets in europe. The dax ha
Shooter who police say was in another car took off and is still on the plops police do not believe the shooting was connected to road wraij and the chp says with shots fired in such a heavilytraveled area, this could have ended a lot worse. The driver inside the victim vehicle did collide into another vehicle. Fortunately, it was a minor collision. Reporter police say the 2 men who are shot are expected to survive. I did speak to a sergeant on the scene. He tells me theyre looking into the possibility that this shooting was gangrelated. Reporting at the hall of justice in San Francisco, scott waits, kron 4 news. Viewer sends us this picture. He was on the on ramp. He says this is the bullet casing. He found it near the cars that were around mill very scary. New at 11, at least 6 vatters at the lafayette art, wine with and Music Festival were taken to the hospital today. Our meteorologist Brian Van Aiken says temperatures reached 90 degrees in the lafayette area. Wildfires in the valley