High but not dampening deal making at the dubai air show boeing gets off the way with 15 billion order while rifle airbus is left waiting. If we do order some more, we need to know that they will not cancel the program so getting them across the line with regard to the commitment they would have to make to support the line over the next 10 or 15 years is vital to us. Sterling stumbles on a report that 40 mps will sign a letter of no confidence in u. K. Prime minister theresa may eight votes short of triggering a leadership contest. And a double digit haul. Alibaba raking in 25 billion making the tiny festival the biggest shopping event trumping americas black friday and cyber monday combined. Good morning, everyone its monday. Glad youre with us once again want to show you how european markets are doing roughly on hour into the trading session. We are actually trading close to session lows were off by 0. 2 . Theres no Major Economic data to speak of. You have edf, disappointing. Well c
Counterparts to push for production curves the on june. 12 welcome to Bloomberg Markets. A caution, not surprising as we talk about the boj. Goe a look at the gmm function, you can see the mckay nikkai is consolidating. Saying,eeing the and Warning Signals on the index. You are seeing chinese equity markets continue to fall. The declines, gdp data showing Economic Growth accelerating in the First Quarter. Being helped by a cheaper one, still on the market there pessimistic. Crude it down. 5 after two days of gains. In vectors weighing expanding crude reduction against easing bloated inventory. We do have treasuries falling animation trading. Markets across asia remain a little bit mixed. It is all to do with President Trump. Expected, not much details when it comes to that tax reform plan. Anchor that is exactly right. The hypothesis worked in this case, he did telegraph he will announce something on taxes. Orchids were disappointed we did not get more details. Did,a look at how the u.
Eu to ignore the u. S. And continue on with the nuclear deal. Lets look at how the u. S. Market post on friday. We at First Quarter gdp figures that took the wind out of equities sales. They are down almost 1 5 of the theent,. 20 , as well as dow industrial average. Strong following earnings from amazon and alphabet. Here at bloomberg, we are marking Donald Trumps first 100 days, and donald trump has done anything for equities, i have to say he has done a return of dispersion for stock market, a muchneeded dispersion. Take a look at this chart i have prepared for you. The s p 500 is up almost 12 since trumps election, however, this dispersion to pay big, big jump in the aftermath of the president ial win. This was muchneeded by investment professionals, who had been suffering under low volatility and low correlations for some time to come. What trump especially did essentially did was spur repricing as the market sought to adjust to his policies. We will discuss whether or not those po
Hundred 48 schools to save millions. It will relocate a proximally 27,000 students at the end of this month. The islands financial crisis has triggered an exit is to the u. S. For the white house today fired its chief usher. The first woman to hold the job and second africanamerican. The white house would not say why she was fired. The chief usher is the general manager of the white house and typically serves a long tenure. There have been just nine of them since the beginning of the 20 century. She took the job in 2011. Global news 24 hours a day from our more than 2400 journalists in more than 150 news bureaus around the world. I am mark crumpton. This is bloomberg. Julia live from bloomberg World Headquarters in new york, im julia chatterley. Scarlet im scarlet fu. Joe im joe weisenthal. We are 30 minutes from the u. S. Scarlet the s p 500 at age two months i. Joe the question is, whatd you miss . Whatd you miss . Scarlet we dig into the jobs report. Wtide ride for crude oil, fallin
Minutes into the monday session. The two boxes i want to for you is frances index. The euro down by 6 10 of 1 . It was up over a quarter of 1 . The macron presidency should help the euro dr. Should up 116eurodollar leading to for euro swissie. Those of the key assets to watch out for today. Yields are creeping up across the eurozone. We will talk with about oil. Lets get the corporate news. His is a oneyear chart rejecting ppg industries. Define pressure from shareholders to engage with its bid. R over its 27 billion rejected to offers from ppg saying they were too low and not worthy of discussion. The chief executive of accel proposed splitting up the company and splitting it up and rewarding shareholders with a high dividend. One of those other shareholders are going to think what are those shareholders think . That preorders expanding for second month. Orders are adjusted to inflation and rose rose above the estimate. Saying economy gathered momentum in the First Quarter on the back