Im Francine Lacqua in london. These are your markets. 0. 4 . An markets down a lot of the market put a position that the economy and a lot of the earnings would go through the coronavirus. Not so after the apple news yesterday. There is more concern about the deadly coronavirus trade looking at treasuries, they are rising. Americans reopening after a holiday. Yesterday was president s day. Jumping as much as 24 after unsuccessful bid for the small arrival. This may be the kickoff of banking consolidation in italy and then further into europe. Coming up on bloomberg surveillance, our exclusive conversation with the hsbc Financial Officer on the banks job cuts. First word news. Viviana hsbc is set to slash 80 of its workforce. The lender taking more than 7 billion of charges and suspending buybacks as part of a restructuring plan. Plans to exit some businesses and cut costs. Hsbc still hunting for a permanent chief executive. We also spoke to the lender cfo about the coronavirus outbreak
Lets look at these markets and our into the european trading day. Stoxx 600 in europe up by. 1 . And even start to the trading day. Evenly divided winners and losers on the European Equity markets. Lacking any direction. Into the u. S. , also lacking direction. We have seen a little bit above the flatline. Not getting a great bicker great bit of direction. A big focus on Central Banks and a u. S. And a focus on u. S. Policy. Titians, ay trade tensions, that coming up. Wrist bank leaves behind five years riksbank leaves behind five years. Is now what we are showing you. We were showing you the norwegian krone. Not to be confused with the riksbank. Bank, we scroll back to what they did there. That was as expected. See a to this picture, we number of Central Banks leaving policy unchanged. They were treated for negative Interest Rate hiking. They were moving in their own direction moving against the cutting cycle for many previous months. We continue to do that. Lets get a new lets get an
Across markets trying to figure out what the latest tariffs mean for some of the allies of the u. S. This after moves against an array of trading partners. Lets check in also on crude. Opec starts in a couple of days. We also have a great lineup of guests today. Later the brazilian environment minister and a 10 00 a. M. U. K. Time we have the chief executive officer of. Lets get straight to the bloomberg first word news in new york city. We begin with this, no impeachable offenses, that is the conclusion of the report of the investigation of the republican report of investigation. The democrats are expected to release their findings, that is ahead of the u. S. Judiciary Committee First public hearing on wednesday. Possibly the worlds most ambitious policy to combat Climate Change. European leaders are set to bringing net emissions to zero. Eu is also considering over the hong kong, the chief executive is planning more relief measures as ongoing unrest continues to impact the economy. S
As Rugby World Cup hosts japan make history, by beating ireland for the first time with a stunning 19 12 victory. And coming up. Click tests all things audio, by paragliding, breaking glass, and going to an eltonjohn concert, thats in half an hour here on bbc news. Labour leader, Jeremy Corbyn, says a minority Labour Government is becoming more likely every day, as opposition parties consider whether to call a vote of no confidence in the Prime Minister. It follows a tumultuous week for Boris Johnson, with criticism of his use of language in the house of commons and his referral to a Police Watchdog, following allegations that a businesswoman received favourable treatment, when he was mayor of london. The government has described that move as politically motivated. Heres our Political Correspondent, nick eardley. Power is seldom easy. Borisjohnson has found out quicker than mostjust how hard it can be and the pressure keeps on coming. Come to london, build your businesses here the mayo
As Rugby World Cup hosts japan make history by beating ireland for the first time, with a stunning 19 12 victory. And coming up, the best of the weeks exclusive interviews and reports, from the Victoria Derbyshire programme. Labour leader, Jeremy Corbyn, says a minority Labour Government is becoming more likely every day, as opposition parties consider whether to call a vote of no confidence in the Prime Minister. It follows a tumultuous week for Boris Johnson, with criticism of his use of language in the house of commons and his referral to a Police Watchdog, following allegations that a businesswoman received favourable treatment, when he was mayor of london. The government has described that move as politically motivated. Heres our political correspondent, nick eardley. Power is seldom easy. Borisjohnson has found out quicker than mostjust how hard it can be and the pressure keeps on coming. Come to london, build your businesses here the mayor of london supports you the Police Watch