Welcome to the program, this is bloomberg daybreak europe. Lets get straight into the earnings season, a lot of earnings to get through. Deutsches telecom targeting 4 adjusted 2018, with ebitda. Fourthquarter revenue is in line with the estimate of 19. 2 billion. Were getting confirmation of the topline growth story and also new targets. The new target one of the focuses for the market going into these numbers. This is a business that has struggled to do a megadeal over in the United States. Handsanted to get their on the tmobile assets and that did not work out so they are focusing on europe. Will regulators let them meet their expectations in europe . Theyre looking to germany, and poland and the netherlands, hoping for growth there. An update on their debit in expected, that some of the earnings stories were watching out for this morning. Lets get to the risk radar and show you where we then overnight on the asian equities session. Playing catchup for the chinese market, standout pe
Seeing the treasury and buying yields down. After the fed minutes, they got hit in tensely. David it is time for the morning brief, here is what is coming up. The ecb will be publishing that account of its january policy meeting. At it 30, initial jobless claims and at 1 00 this afternoon, the u. S. Auctions sevenyear notes. Alix time for our bloomberg daybreak first take. First up is that hawkish versus dovish read on the fed minutes. The ecb account coming out in half an hour. There is rhetoric out that they are to blame, and barclays shareholderso looking for its first buyback in years. David we will come Peggy Collins and Joe Weisenthal we welcome Peggy Collins and Joe Weisenthal. Lets start with a quote from the fomc minutes. This is what they said. You have to get all the way through the end. That thegreed strengthening return increases the likelihood that a gradual upward trajectory of the federal funds rate would be appropriate. They therefore agreed to update the characterizat
This is what i am looking at, the 10 year yield. We are a little bit thin in terms of Economic Data this week, so a lot of focus will be on this mega auction sale. The first one kicks off today. That may actually hurt, or change the 10 year yield. Above 3 . About 3 600 the stoxx 600 basically unchanged. Coming up on bloomberg surveillance. , we talk the business of private jets with start up. We have an exclusive conversation with bp ceo bob dudley. Lets get straight to the bloomberg first word news. Isra the u. K. Government said to have plans to withhold billions of dollars if the eu does not give the u. K. The deal that they want. In a speech later today, brexit secretariat will reassure the European Union will not try to undercut the bloc by tearing up regulations. Signalhas sent a strong about her preferred successor as german chancellor by appointing a close ally. Critics on the right have called for more conservative policies as a way to win back voters. The unexcited move is a
Surveillance. I am Francine Lacqua in london. Getting some breaking news out of the euro area. February services pmi falling to a level below what economists had forecast, 56. 7, instead of 50 7. 6. Manufacturing falling below 58. 5. Sts, at i do not think this will impact the eurodollar, 1. 2316. After the trading session that we had on yields and the huge bond auction that actually went according to plan you can see the twoyear yield over in the u. S. Practically unchanged at 2. 25 . Then we did see a reversal on european stocks. They were gaining on the back of asian equities and now they are actually down 0. 4 . Coming up on bloomberg surveillance, emerging markets and trade. Then we also talked canada and of course, more market movements ish blackrock and it budget day. We will bring you with the countrys finance minister, gigaba. Lets get straight to the bloomberg first word news. Under moreesa may is pressure with 62 lawmakers from her own party demanding a quick, clean break fr
These are your markets. We see a little pressure on the stoxx 600. In treasuries,. 0297. We will delve into that deeper and what that means for kuroda. We are getting breaking news. The conference number a touch below estimates. Look at the markets and it is not having them a seven impact. Coming up, the chairman of geo group joins us. We also speak with jeffrey you. , imtle bit later today excited about this interview. Conversation with the latvia governor. First, heres nejra cehic. Theresa may and colleagues will try to thrush out an agreement on what kind of trade deal they wont the European Union. It comes with just over 30 months until brexit day with may urgently needing to spell her blueprint. Meanwhile, the u. K. Has asked the eu for flexibility on the length of the brexit transition with a longer bridging face that phase. Bank of america is the first to commit his longterm future to the u. K. Even as the country depressor brexit. They have extended the lease in the london head