Artan. What a day we are having and what a week we have had. There is the stoxx 600 come up by 0. 1 . The best run since november 3. If we finish. 10 higher today, we finish higher for a second consecutive week. By 0. 7 , the highest level of the euro against the dollar since december of 2014. Chancellor merkel and the social democrats have reached an initial deal. We had the minutes from the ecbs meeting yesterday. They suggest they are ready to tweak their policy guidance. Hawkish comments this week from other ecb members. Throw in Economic Data and that is why the euro is moving higher. Highest level in five years. China today, saying it has imported a record amount last today, weoming up get calls from this man. We get his take on the latest news out of washington. Ellen zentner. Reporter export rose. 4. 5 . Growth slowed to trump is said to have decided to expand sanctions ran, leaving the 2015 Nuclear Accord intent. But the administration is preparing new sanctions over iran. The
It is a bank holiday. A lot of the data in the u. K. Closed. The ftse is not trading today. I still want to give you a quick snapshot of whats happening across europe without the ftse 100. It is down some 0. 4 . Dollareuro is the one im keeping an eye on for the week. Maria draghi, the ecb president , refrained from talking down the euro. This is what im looking at. Im looking at dollar. Kuroda,peak to governor a fantastic interview by Kathleen Hays. Crude oil, 47. 43. We are seeing a Little Movement for gasoline prices. It could also impact the oil prices. Lets get to the bloomberg first word news. Heres nejra cehic. Nejra in the u. S. , houston is battling unprecedented rainfall following the biggest storm in the history of texas. The down for has crippled the core of the u. S. Energy industry. Gasoline has surged to the highest in two years. The president of the cleveland fed urged her colleagues to look past recent inflation data and stick to their gradual pace of lifting Interest
We have a lot of news to go through and we are looking at the 10 year treasury yield, of course, the markets, and the implications of a divided u. K. , brexit talks, and the macron win. First, lets quickly get onto your data. It is one thing that markets are looking at to see whether there are any tensions or not. Global equities are rising and that is filtering through to europe. We saw stocks in hong kong gaining, as Technology Stocks are beginning after their biggest weekly selloff last week. The yen is falling. Oil is down, and we see little bit of pressure on gold. More on that, but first the bloomberg first word news. Nejra theresa may is to chair an emergency meeting of the countrys Security Response team this morning, as police are investigating a potential terrorist attack after a van plowed into pedestrians outside i a north London Mosque. At least one person died and eight people were injured when a van was driven into Finsbury Park. A forest fire triggered by thunderstorms
Present anytime soon. Shares in the photo app maker plunge as user growth stalls. Can any filter save it from the instagram threat . This is bloomberg surveillance. We are getting some breaking news out of the iea. Dip as we are seeing a across global stocks because of the threat from the Korean Peninsula. This is what im looking at. They are cutting estimates for the crude needed. I imagine they mean the crude pumped from opec for 20172018. They also go through some of the compliance issues opec was discussing. I dont know whether this is having an impact on the price of crude. You can see brent down some 0. 8 . They say that Global Oil Demand is rising to more than 100 Million Barrels a day for the Fourth Quarter of 2018. This is what im looking at for the rest of your data check. It is a risk off kind of mood. This is what were seeing in equity. Havens are gaining because of the korean tension. We had ray dalio publishing a note, a game of chicken between the u. S. And north korean