You are welcome to bloomberg daybreak europe, our flagship morning show. I am in the city of london. Anna i am anna edwards in florence, in tuscany, in italy. Theresa may is here. The british Prime Minister. To reset the brexit negotiations. It looks like the talk is going to be about transition. How much money will be on the table for that. Thed like to talk about other things today. We have the opec conversation. We need to the geopolitical risks for north korea and the relationship with President Trump and the united patriot let us tell you about great guests we have on the program. We are going to be speaking with emmanuel oil minister, kachikwu, and we will be joined by the cio at serious wealth management. See irs wealth management. Anna you are looking great on the top of that building. Manus a room with a view. It nearly got smashed. What do you expect . You have this repast from north korea. Rocketled him a man, and north korea responds with the threat of a Hydrogen Bomb. This
Civic [inaudible] this morning we are focused with the United States expenditure is on Prescription Drugs rising faster and reacting to the concern the warehouse is expected to unveil the executive order even as we wait for direction with a Prescription Drug Delivery System and with those that are being explored we will hear from government leaders and Patient Advocates and here in the studio we our lives dreaming please keep your phone on silent the we encourage you to join the conversation on social media follow less on twitter or comment. We will take questions throughout the program. And before to get under way with affordable Prescription Drug description. Good morning. Was in is very important conversation today with the speakers and panelists and watching on line there is nothing else that you could be focused on some things for the years all kidding aside of the very real issue of rising drug prices and the impact they have American Families and employers, a taxpayer the Health
Civic [inaudible] this morning we are focused with the United States expenditure is on Prescription Drugs rising faster and reacting to the concern the warehouse is expected to unveil the executive order even as we wait for direction with a Prescription Drug Delivery System and with those that are being explored we will hear from government leaders and Patient Advocates and here in the studio we our lives dreaming please keep your phone on silent the we encourage you to join the conversation on social media follow less on twitter or comment. We will take questions throughout the program. And before to get under way with affordable Prescription Drug description. Good morning. Was in is very important conversation today with the speakers and panelists and watching on line there is nothing else that you could be focused on some things for the years all kidding aside of the very real issue of rising drug prices and the impact they have American Families and employers, a taxpayer the Health
Board. Cac is the biggest gainer of the three major averages up by 1. 1 the dax, up by 0. 9 . The dollar, take a look. Youll see that the dollar is up against the euro, trading at 1. 17 up against the yen at 110. You can check out crude oil prices yesterday a down day for oil you saw oil stocks come under significant pressure this morning wti up by 33 cents to 47. 88 a couple of big stories were watching in the business world, well get to the politics of it all in a second, wells fargo announcing big changes to its board after a tumultuous year for the company. The chairman, Stephen Sanger will be stepping down at the end of this year former fed governor Elizabeth Duke will replace him. Wells fargos two longest serving Board Members are also stepping down. Last night wilfred frost asked incoming chair Elizabeth Duke whether she was confident the banks recent turmoil was over she said its hard to say but what were finding is the better we get at Digging Deeper and looking at various pro
The latest from beijing. In the emirates. I am Tracy Alloway in dubai. I in shery ahn in hong kong where it has just gone midday. The boards here have been a hike from the fed. It is affecting markets across the board here in asia. We are seeing equity markets rallying to to the highest level since 2015. The japanese market saw that downward market. The south korean won is losing a asian currency. Optimism the funds will keep flowing into the region after that hike from the fed. Take a look at the offshore renminbis. It is shrink fitting 3 10 of 1 . When it comes to the onshore, they strengthen it by. 37 , the most since january 18. All about sovereign bonds data this morning. Australias Unemployment Rate on gaining rounds as well. Tracy you mentioned the end gaining. The u. S. Dollar doing something on in reaction to the fed decision, it is weakening. It is still weaker today. That is feeding into commodities. Take a look at how oil and gold is reacting. Gold is the big mover. It was