Have a look at where european equities are trading 30 minutes away from the end of the wednesday section. Session. The u. S. Justice department filing a lawsuit against Fiat Chrysler and the china rate increase weighing on sentiment and the second column is the currency column. Most of the currency against the dollar are in gray with Little Movement and sovereign bonds, commodities, your final three columns. Kingfisher is a big recliner across europe, down 7 . Europes biggest homeimprovement retailer reporting a slump in french sales as rivals gain market shares sales in france, it 5. 5 tes two james and fell in three months through april, worse than the 1 drop in that countrys total homeimprovement market. Shares down by 7. 1 today. Lets talk about Political Risk because the difference in yields between the u. S. 10 year and the german 10 year bond is drinking shrinking. Investors are fretting over the potential noise stemming from washington, the u. S. 10year note about 185 basis poi
Trademark traded migration and Climate Change. What will todays job number mean for the feds rate pass . We get the figures at 1 30 u. K. Time. Fromthan a half hour away the european open, we are looking at positive moves for Index Futures as well. Futures up a little more than half percent, tax future in paris up. 4 . You will see some big moves in asia topping the list. The nikkei pushing through 20,000 right now, right now at 20,000 177 in japan. Donald trumps decision to pull out of the paris climate accord. You will see some moves in currencies, as well, that go the other way of what we saw yesterday. The aussie dollar. Ase a look at what we have far as a sovereign bonds and commodities. The commodities trade has been a big one and its been pushing equities around. Here you see brent crude and the beauty i crude both down about 1. 5 , you are switching places there are so losses after gains yesterday, same is true for gas oil and then you see as far as moves in sovereign bonds, th
This is bloomberg surveillance. Francine lacqua in london. They are leaving their key rate unchanged at 0. 5 . This is also interesting because they believe the forecast is little changed since march. We are keeping an eye on this. We were expecting a little bit of news. Nina region the more krone lower. We will ask him about veterinary chart. It is currently at 9404. You can see yen climbing once again. Goal climbing because we are seeing oil. It is the second day that oil is languishing in the bear market. Gene keady can see the stoxx 600 down 0. 4 . Now, the chief Investment Officer and partner at London Capital group. Theme kick off with the on norwegian krone there was some concern that the precipitous drop in oil prices, the fact that norwegian inflation is well below their target, could potentially make some more cautious in their outlook. The headlines are suggesting they cant their outlook little changed. There were some in the market betting on more dovish outcomes. These are
The spectrum. We look at Asset Classes and gold and yen and, looking, of course, the geopolitics. In the meantime, this is what the data is telling us. A reminder for all of you americans, it is Independence Day. The markets in the u. S. Are closed, which means we are seeing a little bit thin trading, a selloff in risky assets globally as north korea claimed a successful Intercontinental Missile launch. Havens both advancing. You can see the vix a touch up at 11. 22. We will have plenty more on the markets but lets get to the first word news. Nejra speaking of risky assets, oil has halted gains after the longest winning streak after rude shows that opecs c production rose to its highest level in june. The increase came from libya and nigeria which are exempt from making cuts under the deal agreed between opec and its allies. Janet yellen was hospitalized over the weekend and luncheon for treatment of a Minor Infection and is heading home. Yellen was admitted on friday and released yest
The 200 day moving average. Emma police say they are theing on the assumption gunman acted alone Authorities Say the attack was islamic inspired terrorism. Theresa may addressed parliament a short time ago. What i can confirm is that the man was britishborn and that some years ago, he was once reestigated by mi5 in extremism. Ligious killed,ur people were including the assailant and the Police Officer he stabbed. 29 others were injured. The republican head of the House Intelligence Committee is offering some support for President Trumps claims that he was wiretapped. It was during legal surveillance of foreign targets after the election. President trump says he feels somewhat vindicated. Trying to wine passage of the Republican Health care bill. Lastminute changes were made to attract house conservatives. Delayedans have already a key procedural step before the bill gets to the floor. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countr