Strategist issues a lengthy apology to trump and his family, and rallies around the president. Anna good morning, everybody. Six no one here in london, welcome to the program. Lets tell you whats been going on in the asian equity session. Manus, the msci asiapacific, excluding japan, which is out for today, is up by. 3 . The strength is coming through from the u. S. Session on friday, allowing markets in asia to edge higher. The s p closed out on its best week since december, 2016, largely putting aside any jobs report. He lets have a look at the dollar. The dollar index is stronger, breaking at 2017. Jobsa little strength coming through, with weakness in the emergingmarket currencies. We have a host of factors to keep an eye on when it comes to the dollar this week. U. S. Politics is ever president , what trump says on twitter, and now the house is back in action. And we have various fed speakers this week, and reporting season kicking off in earnest, which means the Banking Sector wi
The u. S. Are drifting apart. What will the future relationship look like . Sys manytish airways of it says many of its Computer Systems are up and running. Onl stocks see turbulence the massive failure . Matt less than a halfhour away from the european open. Lets take a look at futures in the markets that are going to open and trade today. London is closed, not because of the computer failure, but for a holiday. Here you see the euro stocks futures unchanged, dax up just. 1 , cac down about the same amount. Check out the bunds. Looks like investors are selling off german debt, pushing the yield up. ,ight now trading is at 0. 35 not a huge amount. It still looks pretty blown out. Just want to know get through an hour without talking about bitcoin. Aussie dollar down, iron ore in the tank. Aussie stocks are also lower there was an attempt to runiit it up, but volumes are below the 30 day average, asx down. 7 . When it comes to the commodity side, this is where you are seeing a little bi
I am Francine Lacqua in london. Lots to get through. Politics filtering through your currency markets. First things first. Lets check in on your markets. Stocks down with the stoxx 600 down 2 10 of a percent. The euro slipping with most currencies against the dollar after draghis dumbest done vish message. At can see japan, the yen 111. 07 and the south african rand extending losses to a second session after the president jacob zuma survived a bid to oust him. Your data, but lets get to the bloomberg first word news with nejra cehic. Nejra the president at the st. Louis fed said the jury is still out on if the Trump Administration will meet wall street expectations. Some bullard said at point, the honeymoon period will come to an end and washington will need to deliver on policy promises that have driven the stock market. James the business numbers shot up after the election was perceived the president was perceived as more probusiness than the previous administration, washington does
End of the trading session. Equities arising for a second consecutive day. He ftse up all these currencies in the second column are falling against the dollar. All these bond deals are rising. Lets get on to some of the individual corporate stories today. Company, french drugmaker, shares down by two thirds of 1 . It is apparently considering a ounter bid, challenging a move by Johnson Johnson to buy the fund. Actelios to acquire mnn are increasing pressure. Sanofi if they are interested in acquiring, j j raised their bid. Actelion is europes biggest billion. Ompany at 27 the dutch lender agreeing to sell its private lending assets to asia and the middle east to liechtensteinbased lgt. They want to focus on their european operations. The unit manages about 20 billion in singapore, hong kong, and dubai, representing about assetsabn amros globally. The Company Expects a substantial but gain on the sale. Jps also considered bids for the units, which could be more than 300 million based on
Pausing. Not a lot of action in the u. S. Major averages. The nasdaq modestly higher. The dow and s p trading a little lower. They all opened up just slightly. The Energy Sector is weighing down markets. It will be interesting to see how the day trades at. As for two of the big laggers, boeing and nike. , while a downgrade boeing is lower after the president elect tweeted that costs are out of control for the new boeing air force 1. Cancel the order. Turning now to why the Energy Sector is the worst drag. Oil down for the first in five days after the opec supply cut last week. Out interestingly, after that deal was cut, news came today that production just hit a record for of 34. 6 one Million Barrels million 34. 61 barrels a day. Looking at g btv 399. In blue, the xop. In white, the uso, and oil etf. S have it appears investors would rather own Oil Companies rather than oil it self. Mark love that chart. I was going to do it myself. European equities rising a second consecutive day. T