The falloutcoming up. Another road block to report over ubers use of software to avoid local regulators. We have the very latest. Auto maker laying more than 100 workers due to weak demand. What that says about the sector. The april jobs report on deck, due out in about two hours. 158,000 185,000 jobs in the month. Our monthly jobs story coming up this morning. Big story for market this is week. Crude oil at lowest level since november, take a lock. We are seeing a bit of a recovery this morning, down a penny, 45. 51. Prices down 5 in the week alone. Markets will open open mixed, dow industrials expected to be down and fraction, nasdaq up a fraction, of course, the jobs report will set the tone for markets and whether he get that number in two and a half hours. In europe ahead of french vote, big story in europe, election sunday night, the markets there are mixed, ftse up a fraction, dax index down a third of a percent. In asia overnight markets were lower, nikkei average and kospi sti
Thousands have been rescued by the italian coast guard. Starting first of all with the official results from the president ial election. Emmanuel macron beat Marine Le Pen with 66. 1 of the vote against 32. 9 for the far right leader. Mac ron will be the youngest french president ever to serve. It will be sworn in on may 15. One third of french voters either abstained or spoil their ballots. The National Front won a record result. Victory was greeted with enthusiasm in brussels and other european capitals. More muted reaction from washington and moscow. Europe breathes a sigh of relief as a manual macron clinches a victory. Among thekel was first to praise the campaign. Campaign that stands for openness to the world nd the european economy. The European Commission president john paul uecker also welcome to the victory but said he would have to tackle spending. The french spend too much money in the wrong places. The french spend between 53 and 57 of their Gross Domestic Product on the
Thousands have been rescued by the italian coast guard. Starting first of all with the official results from the president ial election. Emmanuel macron beat Marine Le Pen with 66. 1 of the vote against 32. 9 for the far right leader. Mac ron will be the youngest french president ever to serve. It will be sworn in on may 15. One third of french voters either abstained or spoil their ballots. The National Front won a record result. Victory was greeted with enthusiasm in brussels and other european capitals. More muted reaction from washington and moscow. Europe breathes a sigh of relief as a manual macron clinches a victory. Among thekel was first to praise the campaign. Campaign that stands for openness to the world nd the european economy. The European Commission president john paul uecker also welcome to the victory but said he would have to tackle spending. The french spend too much money in the wrong places. The french spend between 53 and 57 of their Gross Domestic Product on the
Was made in washington and there are limitations this morning. I am having trouble extrapolating this. We have great guests to do this in surveillance. I have a quote from john dean, from another time and place. Guy lets talk about these markets, figure out what is going on because we are starting to see a little bit of a sense of concerns in assets. Tom this is macrons chart, with the vix still under 10. 92. And there is the euroyen. Is the riskrally, on trade still there . Guy i want to start with the two year, which we are starting to see move. We are at 133 this morning. Are we starting to talk seriously about two hikes from the fed . U. S. Futures on the s p, starting to flip a little bit. The bloomberg pound Index Trading at highs. Tom i just heard matt miller and berlin talk about the lack of reaction. I did this chart for stephanie, just for stephanie. Here is the inflationadjusted dow, back to world war ii, back to 1947. The red circle on the left is the massacre of another ti
Anna welcome to bloomberg daybreak. Im anna edwards. Manus im manus cranny. Another day and another momentous moment from the white house. We are talking about the Washington Post article which has been denied by the white house that the president classified information to the Russian Foreign minister and ambassador. How are markets taking this second big political punch . The dollar has dropped. It started pretty much in the middle of last week. Poor sales, cpi data so the dollar fell in the fifth day in a row, the longest losing streak since march. The dollar is back at level when President Trump came to our. This is the second political punch the dollar is lower. There is no aggressive Market Reaction to the story which has been denied. Anna the dollar weakening for the fifth day. They have seen this moments of Building Momentum building. Asia risk radar on asian equity markets now. You can see a little bit of risk aversion trading coming through as these headlines dropped. The doll