Kriti good morning and welcome to bloomberg daybreak europe. It is instead day. The central bank is set to pause for leave the door open for another hike as early as november. Fiveyear in 10year treasury yields are levels we have not seen since 2007. Inflation and focused on the side of the atlantic. In the u. K. The cpi is due in one hour and a 70 chance of a 25 basis point hike priced into the markets but some saying this might be the bank of englands last. Present zelensky blames russia for weaponizing food while cracks appear between ukraine and poland over wheat sports. We have top interviews from the uns General Assembly. Lets get a check on markets because we are in the central bank palooza. Futures are down 0. 1 percent. A laidback approach to what is going to be a fed day decision. Standing on the sidelines until we get more direction. The bigger story is the commodity market. Brent crude trading at just shy of 94 a barrel. We are going closer and closer to 100 a barrel. Today
The executive, to the executive of the executive headquarters, he said that the government, you see, some of our ministers and officials think that if, for example, giving to a nongovernmental Public Organization or giving to an institution or company, this means the people , yes, these are the people, but the supreme leaders opinion on popularizing the economy is that you give it to an investor, a businessman, who will not rule anywhere. It is not connected, give it to him, if you want, give it to a company that is connected to the municipality for example, your presence is attached to an organ or to a ministry, well, these are all of their capacity, they are in the service of the system with all their capacity, what do you want to add to this . As much as we want. We need to find a government to enter. We are a lake. Our capacity is limited, but the capacity of the people is unlimited. Until you bring the people into the economy, production will not take place until the people are al
Our Security Panel will tell us big business is on the right path. President trump working on his new 200018 agenda again. Plans to make it easier for people to get cheap healthcare. All the tax as experts race in. We will tell you how you can do it too. Hollywood may need to use the force to turn its business around. The last jet i still wont be able to say a horrible a Box Box Office for 2017. And the Kim Kardashian effect extend to wall street. Healthcare in Technology Stocks leading the way. We are less than an hour the closing bell. And some breaking is to bring to you right now. At least ten people have been injured the russian News Agencies are reporting that the device containing about 200 grams of explosives went off in the storage area for customers and bags. Bags. No one has claimed responsibility for the explosion at this time. We will keep you updated as we get more details coming in. Meanwhile here at home on wall street the markets losing steam heading into the final hou
Chinese equities are definitely leading the game. You can see one of the main gauges gaining 2 . We have a little bit of dollar weakness. Pmi isr manufacturing beating estimates. 60. 6. We were in line with expectations. Check out any kind of movement in europe. Look at the german bonds. Coming up up at 11 a. M. London time. The present we going to his outlook for the rest of the year. That includes china but also iran. Midday, the former u. S. Treasury secretary joins us. Towill also be speaking microsoft. Lets get to the bloomberg first word news. In iran, the death toll has climbed. 20 people may not die to the demonstrations. In a rare share of displeasure with public leaders. The iraniandefended peoples right to demonstrate. Penceice president mike will visit each of this month. The confirmation came after israeli Prime Minister said its included in the schedule. Its feeling that speculation. Hence had plans to meet with egypts president. The visit was postponed until this month.
Estimates in macau. Will this be another golden week for operators . Betty a lot of investors making their bets as well the u. S. Markets will continue higher. We saw that today. Might see this chart. I want to pull up g btv 1516, which shows you the Credit Suisse stop hedging index, otherwise known as the fear gauge. The lowest since february. Imagine that. This might geopolitical tensions coming upise what is from the headlines on tax reform, it looks like investors are pretty optimistic about the markets. They are not fearful at all, and you see the msci all country world index continuing to push higher. You saw that in the equity markets after the manufacturing numbers came out better than expected. Let us pull up the boards on that. Another record, up. 4 . The dow adding on 152 points. The nasdaq gaining ground,. 3 . No stopping this bull market, yvonne. Case. seems like the the big question is whether investors are pricing in more about reflation and the trump trade on tax reform