Held up in april as Global Demand recovers. The forex reserves rose for a third month. Anna welcome to bloomberg daybreak europe. Manus Emmanuel Macron got the votes. The euro had 90 possibility that this event would happen. This is volatility overnight in the euro. You have things like the ecb. Yellow. Meeting is in it has dropped. Euro is down. Euro sterling is down, euroyen is down. Had alreadynagers covered sorry, they were already net long about this by the most on record. Buyn appalling phrase the rumor. Anna we do not know what the ecb will do as we go into june. We do not know how much of power makcron will have. Let us look at asian equity markets. At theng china come asian equity markets are doing very well. The chinese story is different. Down another percent on the chinese equity market. U. S. Stocks closing at a record. Jobs number was decent. All of that lifting the general sentiment but the chinese story is different. Billion loss in liquid chairs in the last month of a
Happy friday welcome to Worldwide Exchange on cnbc. Im sara eisen im mike santoli in for wilfred frost. Before we get to the markets, breaking news to tell you about. The Russian Military says it may have killed the leader of isis in an air strike in syria. The Russian Defense minister says he may have been killed in an air strike late last month just outside of raqqah the u. S. Is not confirming these reports. Well continue to follow developments on this breaking story. Now we can check on the Global Markets. After another selloff on wall street, tech stocks moved lower yesterday as has been the case, down about a half percent. The overall market was down less than that. Things are looking up this morning in the futures market. Dow futures up 40 points s p up 5 nasdaq up six. Lets show you the tech stocks in the premarket thats been such a driver of the action lately with the nas dak starting to underperform it looks like theyre firmer as for the tenyear treasury note yield, slightly
For the fifth day and arose a row. Anna chandra is here. Multiple reports that president lawyers are trying to undercut Robert Mueller, who is investigating russia. According to the Washington Post, they are saying he has conflicts of interest. The president has been asking about pardoning aids, family members, even himself. Had anican student imprisoned in north korea. He was in a coma when he was released from eight north korean prison. The imf is ended two years of speculation and agreed it to another bailout of greece. Ilionw loan was 1. 8 dollars. That is contingent on debt relief. Global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries, this is bloomberg. Jonathan thats a you get the euro down. I dont know if investors are by that. My own draghi brought the doves out. The euro is not buying it. The table andd the stimulus program. He delivered a hawkish message to the ecb. Highestthe euro to the in almost two years. Join this is Ri
Im wilfred frost. Lets get right to the markets. Little pressure for u. S. Equity futures after stocks closed higher yesterday across the board but still lost some of their earlier gains the dow finishing higher by 88 points. Futures now pointing to a weaker start down 26. S p futures down nearly five points. Nasdaq futures down almost six. As for the ten year treasury note yield the bond market was closed yesterday columbus day holiday back open today. 1. 77. Strong driver for stocks like financials and utilities, both of those in opposite directions depending on what yields are doing. This morning yields are higher and dollar stronger indicating that higher odds that the fed moves this year on Interest Rates. Yields going slightly the other direction in europe and the uk this morning so just showing that strength of momentum in pushing yields higher in the u. S. Managing to buck the trend of european yields. Lets have a look at european equities though right now and at the moment as
Plane when attendants get on and tell everyone to turn off their phones. Samsung shares in asian trading, lets take a quick look, down about 8 at the moment. Samsung strugsles have helped shares of apple we should note because the stock jumped hitting its highest levels since december. So well see if really all those folks that were getting samsung you running to the apple store. Because we actually had at t mobility ceo on squawk alley yesterday and i asked him are people actually getting, you know, sort of shuffled into other devices and he said no they are likely to get an earlier samsung device than switch to another carrier. They like the eco system and like it and stick with something they know. Were you able to see what we showed the picture . I did. Charred. Youre not surfing the web any more. No phone calls or anything. Right . Wow. Talk about a phone named brick. There it is. Its not funny. But wow. That would be frightening in your pocket. Thats what they say. In your purse.