Tom good morning, this is bloomberg daybreak europe, im Tom Mackenzie in london. These are the stories that set your agenda. Iranian News Agencies confirm the countrys president Ebrahim Raisi and the foreign minister have died in a helicopter crash. The death of hardliner raisi adding further uncertainty to a region already in turmoil. Taiwans new leader urges china to end the threat of war, as he assumes the presidency of the democratic island. Asia stocks rise in european futures point higher as copper and gold both hit fresh records. Investors bracing for another busy week of earnings headlined by ai heavyweight nvidia. Before we get there, the earnings front crossing the terminal, ryanair a beat in fullyear earnings, full revenue at 13. 4 4 billion euros. Above the estimates of 13. 3 8 billion. Ryanair approving a 700 Million Euros Share Buyback. The final Dividend Per Share is coming in at 0. 178 euros. They saw customers coming in at a modest beat on the customer level. In terms
Ignoring the geopolitical risk . We are talking about north korea. The oil market holds yesterday, big gains in the treasury market has the bloody catchup. Matt miller has an exclusive interview. Live in frank for that event. Cash trading lets take a look at what the bloomberg has only consolation this morning. We follow a positive session, not a great upswing gains continue to be made. Up by. 3 . This spanish market looks like it will be up around. 5 . Lets see what is happening out there. This is the picture on the gmm. There is an oil story there, it is rising very sharp with this morning into trade, up 1. 5 . The yen is lower, part of that factor, we have seen the Australian Market through x thousand, close above 6000 this morning. Something to Pay Attention to. Continues toarket provide a turbo boost for the emerging markets. Lets talk about what else is happening around the world, interesting pray interesting trade. The index coming off a little bit, oil trade remaining front and
Lets get to the breaking news. A number of corporate reporting this morning. We start with Peugeot Citroen. Listing their midterm outlook, thats one of the headlines coming through on the release today. Its said the net profit for versus70 3 billion euros an estimate of 1. 72. 15 by 2021. Not just getting the earnings coming through, also getting new targets for the business. Listing their midterm outlook, the purchase of gms europe assets are the focus of the business at the moment. Reporting in the last few minutes a. M. To reach an open agreement by the first week of march. Talkingthe ceo has been to leaders in germany and the. K. Prime minister we know those conversations are ongoing. We will get further analysis of what is happening with the french carmaker, taking that their position they lost recently and taking on other brands. We will get details as we get through the program. The ceo will give up press conference at 7 00 a. M. U. K. Time, live here on bloomberg. Numbers comin
Can they win in the courtroom and in the court of public appeals . Lets head to the markets desk, first off. Julie down off the highs for the day, we initially saw not with the change peoples reserve of china trying to add stimulus there. Not seeing much reaction in the United States. Moved higher with oil prices on the day. The lowvolume situation continues. Not only lower volume today, but a very tight range for the s p 500. This index looks at the daily spread in the s p and it looks like it will be at its lowest this year unless something changes, of course, in the next couple of hours of trading. You have seen not a lot of movement in this session today. That has been more true over the past several weeks. Matt we have seen some interesting moves in the currency market, right . Julie we have. We have seen more of an appetite for safety, as evidenced by the continued demand for the japanese yen and the dollar falling against it. Here is the movement besought overnight, falling vers
Hong kong. And president ial candidates clash over how to keep the u. S. Safe through future attacks. Donald trump getting most of the heat. Donald is great at one liners but he is a chaos candidate and he would be a chaos president. He would not be the commander and chief we need to keep our country safe. Hello and welcome to worldwide exchange. Lets get you straight to the data from the euro zone pmi breaking just as we speak. Its a flash figure and they come in at 53. 1. Thats better than a forecast for 52. 8 and the euro zone also better than the previous months at 52. 8. If you look at the composite on the month of december it was 54. Now that falls just shy of an estimate, 54. 2. Now we can look at services. We did see some disappointment in services from france earlier and overall 53. 9 again. That was just shy of an estimate through 54. Euro dollar trade up just about 0. 1 . We have seen this relatively flat movement all session as we did see some Dollar Strength throughout the