Other numbers, assets 116 billion, down 22 . The Company Stays on track to reach its financial targets for the year. Continue to look through here, fixed income markets revenue, a number that has been weak in many of the banks, 3. 06 billion, roughly in line with what analyst anticipated. The company said its Net Interest Margin came in above estimates 2. 95 , the estimate for 2. 88 for a big group like citigroup. Interest margin will be an important part of the overall numbers. That is what we have so far as we look at these numbers. One other number the equity markets trading revenue, which was expected to be in the area of strength for citigroup looks to be the low estimates, 653 million, the estimate was 739 million, that number, expected to offset some of the declines in fixed income trading, perhaps it would do that as we look through these numbers. Eric julie hyman with headlines on citigroup. Good morning. We have seen everybody but Morgan Stanley, which reports on monday. Gett
They do see fourthquarter dajusted ebit. At 200 ebit monthly users up about 4 . The stock up about 5 in the premarket. David we have earnings at ford, ford out of they are beating on revenue and earnings per share. Gap actually reported by earnings per share of . 39 per share as opposed to a . 32 percent . 32 prediction. They controlled costs beautifully. They had record sales in the pacific in asia. The one thing that fell short, europe. Why . Brexit. Bob shanks will be talking about this in about 20 minutes. Jonathan the ecb, 45 minutes away we get the decision. Is it that beginning of the end of the qe plan . Mario draghi expected to announce a scaling back of the Bond Buying Program and loose Monetary Policy. Running us now from outside the ecb in frankfurt is bloombergs matt miller. What is on the table . Matt the consensus is for a cut in half, from 60 billion euros a month in bond purchases down to 30 billion euros a month, and an extension of the program for nine months until s
Since world war ii, says Angela Merkel, are somewhat over. Matt lets check in on the bloomberg first word news. First off for that we go to taylor rigs. Taylor starting with the story in germany, the german commands lower Angela Merkel is signaling its a new era in europe when it comes to ties with the u. S. She told a Campaign Rally that relyal reliable relations forced are somewhat over and europe must take destiny into its own hands. During President Trumps trip he called germany very bad and blasting allies for not spending enough on defense. A member of President Trumps cabinet is downpraying reports that white house advisor jarred kushner was seeking secret communication with russia. The u. S. Homeland john said is was no big deal. They spoke to russians ambassador and proposed a back channel between the Trump Transition Team and the kremlin. Many of british airplanes computer problems have ended but the chaos is lingering. The airline is trying to recover from a Massive Technolo
We are discussing with joe manchin, the senator from west virginia. It is a big drama. Jonathan as you know very well, there is a big question of whether it is drama or it really affects the world such as markets. Jonathan thank you very much. Lets begin by getting a look at the markets. Looking at futures, this morning. We go nowhere. Up about a 10th of 1 . The euro a little bit weaker. Treasuries on offer at the margin yields, creeping back off those 2017 lows. Alix i am taking a look at dollaryen, a really interesting morning for that currency pair. Exit from a monetary stimulus could be on the agenda at the boj. Dollar caught a bid and now dollaryen up on the day by 2 10 of 1 . Definitely an interesting level to watch. The vix goes nowhere. Well,s where, gold as off by about two dollars. Crude up by 5 10 of 1 . Lets count down to one of the big events. Less than an hour from now, we will hear from the European Central banks latest Monetary Policy decision. It is believed mario drag
Job. Will the u. S. Be a reliable ally, despite trumps America First strategy . This is bloomberg surveillance. I am mark barton in london. Equities are on track for a third weekly game. On wednesday, the stoxx 600 reached its highest level since december. Down for a second day since then as investors question this reflation trade. The bloomberg dollar spot index is rising today. On a weekly basis, it is falling for the seventh week in eight. A sixweek run ended last week, the worst losing run since 2010. The u. S. 10 year yield a second or two ago was rising for the sixth day in seven. It is unchanged now. Fudgedld has barely since the Federal Reserve interestrate hike in december. Testifying before congress, something we will talk about today. Nymex crude is lower, 53. 28, significantly headed for the first weekly decline, u. S. Stockpiles capturing output cuts from opec. Thats get the bloomberg first word news with Sebastian Salek. Former Prime Minister tony blair will urge opponent