Here to do. Anjane an jane hill live at westminster where we continue to follow that debate as it emerged dozens of tory mps have signed a letter warning the government not to keep the country in the eu by stealth. Ill also be discussing all of your questions about the bill at half past. Also in the next hour the crisis in myanmar continues. Tens of thousands of Muslim Rohingya refugees continue fleeing the country to bangladesh after nearly two weeks of violence and Prince George starts his first day at school with a handshake, escorted by his father prince william. His mother is too ill with morning sickness to accompany them. Good afternoon and welcome to bbc news. One of the most powerful storms on record Hurricane Irma is continuing to devastate parts of the caribbean. It has almost completely destroyed the islands of barbuda and st martin ten people, including a child, have been killed and its feared that number will rise. The storm has now moved past puerto rico, where it knocke
David lets get an update from outside of the Business World with emma. Emma in spain, the government may begin the process of suspending catalonia within rules. Spain rejected the president s response to demands he clarifying his position on independence. Earlier today, he told the Prime Minister he has a mandate to declare independence but wants to have negotiations first. In austria, voters have turned to the right for 31yearold foreign minister to become the world east youngest leader of a government. He claimed campaign after a victory after the campaign took on migration. It may make austria a more prickly ally for germany. And in iraq, troops have moved over to take over oil fields from kurdish forces. It sees the refineries. And the Regional Government last month the kurds held a referendum that backs independence. Global needs, 24 hours a day, powered by more than 2700 journalists in more than 127 countries. Im emmanuel macron. This is bloomberg. Emma chanda. This is bloomberg.
Le pen and macron go on the offensive ahead of the election. What is at stake. Manus a meeting of minds that milken, from u. S. Treasury secretary Steve Mnuchin to citadel ceo ken griffin. We will bring you a bevy of top interviews from the conference in l. A. Anna a very warm welcome to bloomberg daybreak europe, our flagship morning show from london. Manus a very good morning to you. A raft of things to consider. One thing that the bond markets are doing just before Steve Mnuchin gets ready for a bond bank. They piled in, they added the most long positions, despite they have added the most long positions on a week on basis. This is the First Time Since july hedge funds have been alleged across the curve. The question you have to ask theres always a good reason. Economic surprises were lower, so they had all the reasons to maybe want to get along, and then bang, the new. Lets bring up the risk radar, where we are on tenyear treasury yields. That was the longerterm picture in the shot.
Serious about 50 year bonds will there be demand . We will talk about that. Climbing crude prices and continuing cuts. The dividend can be maintained without increasing debts. Lets talk about the markets and where we are. Yesterday, quiet. A takeaway from the u. S. Session. Close had a Single Digits for the banks. See, bloomberg as you can strongly up by. 6 . Europe opening up. 3 . Lets talk about what is going on more broadly. The show you what is going on here. A couple of interesting things to focus on. Lets start off first of all by saying the yen is down. That tells you about risk this morning. At 1. 09. Bid the French Election coming up. A lot to think about. Beyond that, that provides positive momentum for the currency. Lets talk about what is happening elsewhere. With iron oreon as well. A solid bit this morning by 3. 83. The metals complex quite interesting. Iron or rebounding. Now beginning to find a fair footing with positive trajectory. Here is the bloomberg first word news
There is t minus one year and 11 months to hash out a deal. This is bloomberg surveillance. Im Francine Lacqua. We are joined by the head of all the assets. We will be speaking to Aberdeen Asset managements martin gilbert. If you have any questions and are a bloomberg customers, just hit tv. We can ask the guests a question on your behalf. This is the eurozone data and eurozone manufacturing pmi, coming in at 56. 7, a touch below what economists were expecting. Anything below 50 indicates an expansion and it is a touch above what we had the previous month. This is for april, for the euro area. We are waiting for the breakdown to give us the strength and weaknesses of each country. This is the picture for the markets and i would point to global stocks overall rallying. European stocks, gaining 0. 2 , heading for fresh highs. Investors are focusing on stronger corporate earnings. The yen, extending losses. A second. T to the and first, lets get straight to the bloomberg first word news.