Sterling at 139. Having the best performing currency against the dollar. David i want to turn to guy johnson who is on the spot in london. We just got these headlines. Surprises here . Guy that is not a surprise. That was anticipated. Surroundingnguage the next rate hike that is pushing the markets to do what it is doing. You can see what is happening with the cable rate. The pound is pushing higher at this point. The market has been pricing in the possibility of an earlier rate hike in anticipated from a. From may. We are starting to see that may be returning and talking about the fact that maybe that rate hike will come through. It is not a surprise we got a 9nil vote. It tilts on the hawkish and. Hawkish end. David the time in question. Help me through this. As i read this, its his three hikes over three years. When those hikes calm is that the deal . The rocket needs to price in a little more. The market needs a little withdrawal. That is what is priced in but it is shifting it a l
We are without the United States. President s day in the u. S. That means a lot of participants stateside but we also see reduced trading over the Asian Session as well. We saw the asian equities session with the nikkei moving higher, 1. 8 . A little higher a little harder to make any headway. More will get to more that. Our focus on what we are doing in europe because without the United States and the chinese and hong kong markets are closed. Thats get the first word news update. President trump spent the weekend criticizing everyone but russia for meddling. He tweeted 14 times over 24 hours criticizing the fbi, democrats and special counsel Robert Muellers investigation. They came after his sweeping indictment of 13 russians for allegedly leading social media efforts to attack trump rival, hillary clinton. In florida, students at the high school where 17 people were shot and killed are speaking out or gun control. They plan to organize antigun violence marches for next month. In the
Anna a warm welcome to bloomberg daybreak europe. Were here in the city of london. Manus well get straight into breaking news. Anna merck numbers coming through, First Quarter numbers from the German Health care business, matching estimates. Billion, 3. 83. 8 6 had been estimated. , interestingbitda to see what they say about the outlook. This is been a year that has been pivotal for merck. The Health Care Unit has made steps forward with its first new drug in more than a decade. It was clear tos sale in the u. S. Or quickly than expected. Thats where the focus will be. May put itssaid it three divisions into subsidiaries. We will keep and ill these numbers coming through and will be speaking to the management of this company a little bit later on coming up today in programming on bloomberg. They see fullyear net sales of 50. 5 going to 16 billion. Their are sticking to gut. Lets look at the list that we run here in bloomberg. The risk off sentiment grip the market yesterday. Wall stre
Supporting earnings. Johnson johnson and the korean travelers higher by 11 points. Nasdaq up three. Nicole japanese stock sale and trade war with the United States. The nikkei down half of 1 . In china, the shanghai composite index that two tenths of 1 . Lauren after falling 1 , Oil Prices Trading at 53. 26 a barrel. Up 1 . Nicole the yield on the 10 year treasury. Looking at that steady at 2. 41 . Lauren yahoo pushes back the timing to be bought by verizon but the stock is up 1 an 1 an optimist and the deal will go through. Nicole Golden State Warriors list one of the worst teams in the nba. Venus williams becomes the oldest woman to reach the yesterday and open semifinals. Shes going for a record. Lauren good morning. Five of 1 00 a. M. In new york. Welcome to fbn am, your first look at morning markets and breaking news. Breaking news at the moment. The u. K. Supreme court israel that Prime Minister teresa may musket parliaments approval before she begins Great Britains formal exit f
Lea japans nikkei index down three tenths of 1 and chinas shanghai composite ended higher by six tenths of an . Lauren United Airlines removing a passenger from their seat. We will have the latest on the story. Lea after the investor pushing all those due turnaround efforts are put to grocery up for sale. Chicago cubs hoist the world series championship flag at Wrigley Field and miami heat rallied to beat the Cleveland Cavaliers and keep their playoff hopes alive. Lea 5 01 a. M. In new york city. Welcome to fbn am, your first look at morning markets and breaking news. Lauren thanks for joining us. Good morning. Secretary of state Rex Tillerson scheduled to arrive in moscow after attending the g7 Foreign Ministers meeting in italy. His visit to russia comes at the white house issues more warnings against syrian government. Not just here, but the world saw last week and a president is going to ask decisively and proportionally in the justification when it comes to actions like that. I wi