Outperforms european rivals with earnings that beat estimates. We speak to the ceo, bob dudley, in just a moment. Back to the table, chinese trade negotiators hope the u. S. Hosts the u. S. Trade team as huawei reports earnings. Mexicos president says he wants lower rates to boost. The economy is not growing as we would want it to grow. On the other hand, there are no risks of recession. Matt less than a halfhour away from trading across europe and in the u. K. Im looking at a fiveyear chart of the pound. We are getting back down to the 2017, asit in 2016 and the likelihood of a hard brexit seemingly increases. That is not affecting equity Index Futures in a negative way. Take a look at equity Index Futures across europe after the gains that we saw in asia. We still see gains in ftse futures, as well as cac futures. However, dax futures are still down this morning, although just marginally. Euro stocks, ftse futures indicating a flat open. What are you seeing on the gmm screen . Anna l
This is the final estimate. The earlier estimate was 56. 2 as well. The euro area pmi rising to 57. 5. The preliminary, 57. 5. Across data, flooding the eurozone today. As upn see, stocks are trading lower today, down for the third day surrounding optimism for tax reform in the u. S. Dying down. Before we look at sterling against the dollar, down by 2 3 f 1 , yesterday we were up 0. 5 . yesterdayp by 0. 5 and today we are down by 2 3 of 1 . Today talks will continue to get a conclusion of these talks. Nymex crude oil is down by 0. 4 . It rose by 1. 7 on friday before Government Data forecasted crude stock piles decreasing for a third week. A busy, busy day coming up on surveillance. We are going to speak to Stefano Domenicali later. Well get the outline of the Aviation Industry later. Trumps travel ban takes full effect while legal challenges go forward. It hands a victory and suggests the court will ultimately uphold the restrictions. The president can now restrict muslim basedx count
Out of las vegas as a shooting incident on the strip left at least two people dead. This is bloomberg surveillance. Updated onkeep you las vegas throughout the morning. Im Francine Lacqua in london. Lets quickly check on your data. Theres quite a lot going on today. Monday means we need to digest a lot of news from the u. S. Overnight. Just getting some breaking news out of bmi for the eurozone. Euro area september manufacturing pmi, rising to 58. 1. That is shy of the estimates, but just a touch. Preliminary was 58. 2. 58. 1 is what we are getting. The dollar rising, treasury yields up, investors trying to contemplate tax cuts as well as the chances of a new and potentially less dovish fed chief. Spreadse, we look at the between german and spanish yields. First, lets get to the bloomberg first word news. Heres nejra cehic. Nejra we start with that developing story. At least two people reported dead and 24 others injured after a shooting on the Las Vegas Strip. Police say one suspected
Then actually our revenues are slightly up versus the First Quarter of last year. The Analyst Community was looking for was a sign that you had client balances back to levels we would have seen last year,. Especially your prime brokerage have you got that . Our prime workers business, we have recovered 50 of the bells we lost in the Fourth Quarter of last year. Not yet fully back. We see this in all businesses. When we need to be mindful of the fact that when clients come say, lets reengage, it is not that the following morning you report new revenues. It takes time to work on transactions. Take corporate finance. In reality what we are seeing is revenue in the First Quarter of this year is largely stuff we worked out in the prior quarters. See a lot of reengagement of clients across all business lines, or you can see some immediate effect in Asset Management, new assets and wealth management, that you can see immediately. Prime brokerage. When you compare with the Fourth Quarter of la
We have your markets, your news. Geopolitics. But first, here is Sebastian Salek. Has founddent obama his successor, donald trump, after the republican accused him of hobbling the transition to his administration. Trump told reporters gathered at his maralago resort in florida that we had a very nice conversation. It started with a tweet that alleged inflammatory statements and roadblocks. That brought tensions between the men into the open less than a month before inauguration day. Strain u. S. Israeli ties have reached another low as secretary of state john kerry and Prime Minister Benjamin Netanyahu traded blame over a stalled middle east peace process. In a speech yesterday, kerry a two state solution to the israelipalestinian conflict is increasingly out of reach. President elect trump promised a fresh start. Netanyahu accused john kerry of antiisrael bias. Netanyahu israelis do not need to be lectured about peace by foreign leaders. Israels hand has been extended in peace to its