Overview on what we are expecting. The main asset class that are moving. He stoxx 600 gaining 1 . Were seeing Bond Investments from saudi arabia. Stocks rallying and commodities rallying. This has to do with speculation that that the fed will remain acome tavet. Let me bring over to my bloomberg terminal. This is the picture for the terminal. Let me get rid of my messages. This is the picture for the c. P. I. Harmonize. Data comes out in half an hour. This is what mccartney will look at to see what he can or cant do in terms of cutting Interest Rates. It has an impact on our prices and the blue sideline prices. Input prices significantly rising more than inflation so far. Lets get straight to the first word news. Barclays says investors should buy european equities regardless whether the Federal Reserve raises borrowing costs in the next three months. Given the support from Central Banks from around the globe, the overall picture is very supportive of stock markets. Australias Central
Number of passengers. We hear from the ceo on its latest earnings. How about a look at european equities and trading. Something quite unusual happened. European stocks are rising after falling for nine out of the last 11 days. Two of the other days, the stoxx few we haveanged not risen 11 days. Look at these currencies falling against the dollar. There is a second column. Corn yields rising in europe. Periphery yields falling. Gold the ultimate safe haven is falling today. Day after Hillary Clinton was absolved a second time by the fbi. Interesting news in the currency markets. Positionhe net short of sterling against the dollar. The pound falling for the first day in seven after the longest winning stretch since marx. Since march. This is after the high court rolling that ruling that theresa may had to trigger article 50. Ryanair in the news today. The lowcost carrier shares rising as much as 6. 3 percent earlier since july 25. It plans to buy back as much as 550 million of stock afte
A big move on yen and we are watching the fed. Tom i am most focused on Deutsche Bank. Dropping. Ank was job it is just not happening. Francine that was pretty much expected and when you talk about not happening, you have to look thehe stress tests for European Companies and unicredit may be about to make some big announcements. It is now official, the democrats made history at their convention in philadelphia. Hillary clinton is the first woman nominated for president in a u. S. Party. Sanders madam chair, i move that the convention suspend the procedural rules. I move that all votes cast by delegates be reflected in the official record, and i move that Hillary Clinton be selected as the nominee of the Democratic Party for president of the United States. Taylor a few hours later, bill clinton told the convention that his wife has never been satisfied with the status quo and always wanted to move the ball forward. A 265 billions stimulus to prop up the economy. It is unclear how much o
Today, they are holding at the bubble. Julie we have seen some acceleration of decline. People are focusing on earnings. We will not hear from the fed it fed until tomorrow. Actually, things are bouncing around. Scarlet is right. We have all of the corporate earnings to shift through, it is the busiest day in the terms of the number of earnings reports. Donald numbers were disappointing compared to estimates. 3. 1 will believe. Analysts are looking for 3. 6 gain. If the United States we saw a slowdown of 1. 8 . It was 5. 4 the prior quarter. Analysts are saying there is an interestfree wide slowdown that calling for a restaurant recession. A slowdown from a number of different factors from u. S. Politics, terrorism, social unrest, global geopolitics, and economic uncertainty. That this is the canary that lays the recessionary egg. Leadingld the a indicator. Downgrading a number of stocks. 11 restaurant stocks. Chipotle going to a cell. Darden is down. Cheesecake is down. This is bloomb
The earning news, but i thought the italian bank workout was really interesting over the weekend. Quiet, as always, but that will be front and center. It reminds me of how complex the calculation of dilution is. That is what it is about equity shareholders getting crushed. At howe also looking reliable the stress tests are. Lets get to the Bloomberg Business flash. Taylor one Police Officer was killed in a Suicide Attack in baghdad. Authorities say they killed two attackers in a gunbattle. Committing to the triple lot guarantee. Lock the former minister responsible for pensions called it to be scrapped. The backlash is growing over Donald Trumps comments over the parents of a dead Muslim American soldier. Trump questioned whether the soldiers mother was not allowed to speak at the Democratic Convention because she was muslim. The woman said she was too distraught. A number of republicans joined Hillary Clinton in condemning Donald Trumps comments. Hillary will appear with another billi