Anna good morning everybody this is bloomberg daybreak europe. Lets get to the numbers from Credit Suisse, this was powerhouse giving us their numbers the swiss powerhouse giving us their numbers. , 12. 8 . Uarter they say that is a strong start to 2018 market dependent activity. Fullyear Dividend Per Share is 0. 25 and swiss franc in swiss franc. Also veryn trading much in focus, that is still 30 of this business, even though they have pivoted towards what management. Of this business, even though they have Wealth Management. They had to liquidate the products related to vix. Getting down the profit and loss 2. 14 2. 1 3ss 2. 13 billion, which looks to be smaller than expected. We will speak to the Ceo Tidjane Thiam later. We will bring that to you in the 6 30 portion of our program. Agricole got credit bucking the trading trend. That is an unexpected increase in their trading revenue. That has defined the trend of the overall industry. 32 ome comes in up 33 . Provisions fall by 15 .
Under threat. The Saudi International Petrochemical Company this is Bloomberg Markets middle east. Quite a few adjustments happening in these markets and around the world. The s p 500 dropped by the most in september. Let me show you a increasingly red picture. Msci a asiapacific down 1 and the selloff has accelerated over the last hour. Lf being led by the asx 200. Nikkei coming in weaker. Done 1. 2 . Dollaryen trade holding steady. Overall this is against the backdrop of a slightly stronger u. S. Dollar that is weighing in on some of these key foreignexchange basis. Kiwi the only one able to buck that. Australian sovereign bonds outperforming their u. S. Peers. Investors put in those bullish f bets. It is a story affecting alumina. Aluminium. We did have brent crude under pressure. Down. 06 percent. We are looking ahead to u. S. Inventory. It is not only a story of stronger dollar but u. S. Inventory expanding. Ending a record run of declines. Will this mean for the broader opec mode
February as it tries to recover from the note 7 debacle. Across theclock a. M. Emirates, 7 00 a. M. In istanbul. Welcome to Bloomberg Markets middle east. Start, it really was all about the fed, but we have moved on to china after exports and imports figures came the market,plined then we saw brett across the screen. This conversation we are having globally is about the fed. How did it impact what you are seeing . Angie, it is about the fed minutes. When he what happened, because it pushed the bloomberg dollar index to a sevenmonth high. I have prepared a chart to show you how the change in sentiment has been reflected in u. S. 10 year treasuries. You are looking at that fall in september now back to the highest level in four months, from below we saw earlier of 1. 54 . Those minutes showing that there are few signs of emerging inflationary pressure. Also showing there is concern on continuing delay and it might cause a further divergence from the policy benchmarks that were the credib