It is just tuesday. Brendan top headlines. Olivia chinese stocks brendan chinese vonnie chinese stocks taking another dive. Shanghai composite down 7. 6 percent. The benchmark has lost more than a fifth of its value since thursday. There are speculations the government is abandoning market olivia chinese stocks support measures. Europe is bouncing back from markets in the u. K. , france and germany in the green. Samestore in the u. S. , the s p 500 coming off the biggest two day drop in more than six years. Future indicate stocks will be up. The price of less texas intermediate more than 2 per barrel, it felt more than 5 yesterday. Atlanta said president atlanta fed president Dennis Lockhart expects the central bank to raise rates this year. He admits the matter is complicated by china, oil prices and a stronger dollar. Or cleese says the fed probably will not raise rates until next march. Barclays says the fed will not raise rates until next march. China is who Donald Trump Blames for
Inconvenience. British Prime Minister theresa may says the uk will build the closest, freest trading relationship possible with japan as she continues her postbrexit trade building mission. Difficult to stomach carrefour shares sink to the bottom of the stoxx 600 bringing rival casino down after issuing a profit warning on declining margins. Battle stations. President trump hits the road to campaign for a tax overhaul, but theres a lack of specifics and plenty of opposition in Congress Good morning welcome to the show. Lets look at how european markets opened theres more green than red on the screens. Taking the lead from a positive u. S. Close overnight and positive momentum out of asian equities this morning. The overall market up by 1. 28 points, so just over a third of a percent so far today lets look at how the individual bourses are trading across europe its really the xetra dax which is at the highest, crossed the 12,000 point eventually and is now up again around half of a perc
Police fire into the air to Disperse Protesters in mogadishu as anger mounts have a saturdays massive truck bombing that left more than three hundred dead. Chinas president judging and lays out his vision for the future on day one of on his story communist Party Congress. And im Peter Simmons in doha with all the sports news for the day including n. F. L. Bosses that meets with players and t. V. Shows for a second day in new york that and more coming up later this nato. Head of Kenyas Electoral Commission is warning next weeks Election Rerun may not be free and fair. Admits theres been political interference in its operations a commissioner has resigned saying it would be poll it would be impossible to hold a credible rerun of august disputed vote as for me the miller reports from nairobi it looks as if things of falling apart at Kenyas Electoral Commission headquarters rather than a calm bear one of seven commissioners has resigned alleging political interference she says threats have
Is can i say the euro start the best thing europe has come up with. There is nothing close in america. Nothing close. Guy we were separated by a couple of characters. Tom we cannot go in the same car together. Guy we are a security risk. Here is the bloomberg first word news. Nejra in less than three hours, polls will close in the south korean election. There are concerns about trade ties and the increasingly aggressive northern neighbor. The country has a sorting pollution problem. A winner will be announced four hours after the end of voting. German exports rose for a third month in march, a sign they are benefiting from pick up in global trade. Gdpomists reckon germanys grew by 0. 6 in the first three months of the year and we get the official figures on friday. Eu president juncker regrets links over dinner with theresa may. In an interview, he said a publication of the comments were a serious mistake after he had been involved. He was told he was not taking responsibility. Former
On todays show, were speaking and peterhaffer dixon, Global Equities economist at commerzbank. If you have questions for either of them, go to the bloomberg. Run the tv function and hit the id show producers function. You can stay in touch with us throughout the show. Weve just got some breaking news to bring you. Eurozone manufacturing pmi, it hs bang in line wit estimates. This after we got a little bit of a softening in the inflation data last week. This number coming in strong. Lets get to the markets, see how they are performing. It was a Strong Quarter for global stocks. Equitieseing european starting a quarter on the front foot. The stoxx 600 up 0. 2 . Euro rebounding after four days of losses. Little bit of sterling weakness coming through. That is off by 0. 1 . Wti holding above 50 a barrel. 50. 56. Lets get the bloomberg first word news. Heres Sebastian Salek. Sebastian donald trump says america can address north Koreas Nuclear threat unilaterally. Summitments, ahead of a bet