Is reported. Score one for mr. Jamie diamond. A cnbc exclusive report of just how close Jp Morgan Chase is to winning the top advisory role, one of ifnot the biggest ipos in history it is monday, september 9th and Worldwide Exchange begins right now. Good morning, good afternoon and good evening and welcome from wherever in the world you may be watching us im brian sullivan, happy monday everything going on in the world, could this be the week that our stock markets here in the states hit new record highs . Dow futures theyre up right now, about 50 points the dow and the s p 500 are less than 2. 5 from their alltime highs. The nasdaq just under 3 from its alltime highs now, the small cap russell 2,000 still down by about 13 from its 52week highs, but the major averages, they are getting close, as stocks have gone up, bonds have come down a bit yield is ticking up just a bit 1. 59 . You got japan gaining half a percent and the domestic Chinese Market also rising now, europe right now no
Billion of e. U. Products. Hong kong protest take a violent turn. The government commends vandalism. News out ofing south korea. We are getting Consumer Prices for the month of june year on 0. 7 . Ricing this is as much as it rose back in the month of may but also slightly disappointing yeartations of a 0. 8 rise on year. Month on month, it contracted zero point 2 , which is a bigger contraction as expected for the month of june. We have seen a lot of pressure for Consumer Prices. We are talking about lower oil prices. Brent crude prices down 20 on average in the month of june compared to one year earlier. Not to mention the domestic demand in south korea is pretty weak at the moment. The bank of koreas signal we will probably miss the forecast of 1. 1 inflation in 2019. Pretty far away from the 2 inflation target for the bank of korea. We can see proof that inflation and theions are low inflationary pressures are low. Gaining onlyr cpi 0. 7 , missing expectations. s ctia gaining only
Repurchase and announces a new Global Wealth management unit. A very warm welcome. This is bloomberg daybreak europe today. I am joined by matt miller in berlin. We need to talk about whats happening in the markets and the breaking news coming out. Breaking news out of sanofi. The wall street journal is carrying this news over the last 24 hours. A company. D buy this is a touch above the number reported in the reports over the weekend, suggesting 11. 5 billion. It is expected to start in february 2018. They are giving us various details about the kind of eps secretion we will see as a result of this deal. This represents Something Like a 65 premium to fridays closing price. Strategy in with the of the business, trying to add treatments from layer Blood Disorders to the portfolio over at sanofi. Sanofi looking to offset some of those that of theen fading because insulin drug. That is the backstory. 100 five dollars per share in cash. A 64 premium. Lets talk about the Broader Market acti
Behind me for the last 13 years in davos. I know we have some great coverage and panels. Speaking tomorrow with the barclays ceo, jes staley. We will be talking about the future of banking. Friday i will be moderating a panel on Monetary Policy and what comes after normalization. By ray dalio. Ed we are trying to figure out exactly what the davos men and last yearso wrong, and what they got so right. We are looking at some of the market calls they made last time. The dollar call was wrong and so was the price. Three. Re in day lets check out what is happening in the markets today. There is the stoxx 600, gaining for a third day after a third weekly gain. The best run since october. The euro, up by. 5 . There is a bit of relief now. Voting to enter negotiations on the common policy platform for germany. They have still got his final say on any coalition pack. There is another hurdle. This week, itins will be the sixth straight gain. The u. S. 10 year yield will change two point 56 . A v
The year. Possibly beyond. Will it be enough to stop the recent rise in the greek market . Third in the crude market . Third time, not enough charm. Akzonobel rejects another takeover offer by bbg, defying shareholder pressure. Could a hostile takeover the next . You are welcome to the show. Emmanuel macron exceeds the power. Votes got over 65 of the and counting. 34 from macron . You can see this is the overall relief. Asia was off on vacation. These equity markets are higher, in part, in part to do with the victory that you saw for the jobs number on friday, the macron relief rally as well, which has come through. That in itself is moving markets. Equity markets are just that little bit higher this morning. Let me move this along. Equity markets are just that little bit higher this morning. London, paris, and frank first are all higher. Up about. 5 percent in london, paris, and frank appeared we have the European Central bank to deal with as well. Let us get to juliette the first wor