Secondlargest provider for 37 billion. Welcome to the pulse live from london. Manus lets give you some of the breaking eurozone data. Francine it is pretty much as expected. June services pmi data rising. It is exactly what we were expecting. The focus now on greece. With just two days to go until a referendum on european bailout proposals, a bloomberg poll shows that the country is decided divided right down the middle. Manus it shows 43 are set to follow Prime Minister Alexis Tsipras and vote no. 42. 5 will vote yes. This comes as the imf says the crisisridden country needs 60 billion euros of extra funds over the next three years to stabilize the economy. We are joined by Erik Schatzker in athens and hans in berlin. This poll shows it is too close to call. Obviously it also shows that the majority, four out of five, want to keep the euro, but do they understand that is not necessarily what they are voting for on sunday . Erik nothing is clear, manus, but the skies here in athens. Th
We are getting breaking news, a little bit of data out of germany. One point 9 move in 2016, a touch above analysts and economists expectations. We were expecting a 1. 8 , and we have a 1. 9 . It is pretty much in line with estimates, rising 0. 7 month on month. We had estimated 0. 2 , so it is coming and above expectations. We have a little bit of china december new yuan loans. It goes back to an economy in china that may be boiling up a little bit, and you china loans increased almost doubled from the period last year. Lets quickly check on the markets to see what all of this piece of news means. We had the first News Conference, press conference by donald trump yesterday, the first one sense july of last year, certainly the first one since he got elected. Maybe because of the lack of policy details, the dollar weakened a little better there was a little disappointment and markets about the press conference, and that caused investors to unwind trade positions. Gold, for example, back
Out of 30 cabinet ministers who backed a leave vote back in june. She joins us at 9 40 u. K. Time. First things first. Lets check on your markets. We are just three days away from davos. To a lot ofpeaking former Prime Ministers, current Prime Ministers, heads of state, and ceos. The dollar set for a weekly loss. Stocks climbing. Gold a touch on the up. Be the mood in the market that investors are trying to assess whether markets move higher since the u. S. Election may have gone a little too far. Lets get straight to the bloomberg first word news. Heres sebastian salek. Sebastian chinas exports remained subdued last month as weak Global Growth laid on demand. Overseas shipments fell in december while imports rose more than 3 to leave a 41 billion trade surplus. The Worlds Largest exporter faces challenges as it braces for potential trade frictions with the u. S. Under a Trump Presidency. Fiat chrysler milan shares are on the up having plunged yesterday after it was accused of cheating
Lingering impact of north that the sale of its digital business. The outgoing chief executive maurice levy has built this company over the last 30 years into the third Biggest Advertising Company in the world. Last year in lost business purchasasing, procter gamble, cocacola. This includes agencies and faces issues. Shares falling as much as 6 , the most since october 2015. We continue to focus on whats happening in the french political spectrum. Is the german fiveyear and the french fiveyear credit default swap. The blue line is the spread differential between the fiveyear bonds between the two countries. As you can see, the yield spread between the bonds has risen far greater than the differential between the credit default swap. Vonnie thanks. Lets have a listen because the new attorney general Jeff Sessions is getting sworn in live. Attorney general Jeff Sessions. [applause] President Trump welcome to the white house. I want to congratulate you, jeff. Your wife, mary, and your enti
To reasonable policies. Francine good morning. This is bloomberg surveillance. We have great guests. We will be talking dollar, pound, and some of the greek bonds. First things first. Thats check in on your markets. This is the picture. Banks in the u. S. Yesterday leading the rally, as janet yellen, with her comments yesterday, seemed have buoyed equities. A lot of banks in europe are still gaming. 1. 6 for the industry in europe. Stocks in general are gaming. A next bag in terms of earnings. Lot has been playing out on the currency markets. Chinese stocks in hong kong jumping after record new credit fueled optimism for strength of the chinese economy. Lets get straight to the first word news. Here is nejra cehic. Trumpsides to donald president ial campaign had contact with russian intelligence officials according to the New York Times citing former and current officials saying intercepted calls show repeated contacts with senior russian intelligence officials in the year before the e