Some see trump for market is an assassination threat to hillary. Linton. 5 of 1 . Off youre looking at the euro stoxx 50. We are keeping a close eye on some of the earnings coming through. A significant drop in that profit. We are seeing some big writedowns but we have to keep an eye on oil. That is pinpointing this risk aversion today. Guy the german dax is up 2. 5 . The story is where it is happening with the dollar. You can see this on my gmm function. That is rippling through what is happening in the commodity complex. Gold is reasonably well bid. Good story continues to be what is happening in fixed income and what the bank will say it 9 a. M. At 9 a. M. In london. Lets find out what is going on. Trump is causing controversy yet again. The nominee told a rally that what he called Second Amendment people, those who back gun ownership could stop democratic rival Hillary Clinton from becoming president. He said she wants to abolish firearms and said maybe there is something they coul
Turkey. In germany, chancellor Angela Merkel suffered a political setback. The antiimmigration alternative for Germany Party made strong gains in preset elections that were dominated by the refugee crisis. Support for her Democratic Union fell across the board. Donald trump is trying to counter a late challenge from john kasich and ohio. Polls show john kasich a be pulling ahead, and days before the primary there. His campaign has been overshadowed by growing violence at his events. Activist groups and supporters of democrat bernie sanders. Global news 24 hours a day, powered by 2400 journalists in more than 150 news bureaus and now to thed, markets with matt. Matt take a look at futures. We are down across the board. Not huge drops, but a loss of 15 points on dow jones. If you take a look at the indexes, or lets take out the s p and look at yourtodate, you can see we are at a level to almost where we back to were at the beginning of the year . Being unchanged for the year, which is co
I look to the stoxx 600. What are people saying . Jonathan the only good news is we are on session we open much lower, down as much as 3 at one point. It is classic risk aversion to equities. Yields go lower, the dollar yen goes below 120. For me, the big headline is china, china, china. Nonmanufacturing pmi. The story we have been told over the past 12 months is short their manufacturing will weaken but services will improve. Erik i want to bring mike into this as well. Is vicks is what everyone talking about. The volatility that comes as a result of the implied vote of futures. The best thing we have got going , this is the ball in european. Tocks it is up 10 right now but that index, again, this is our best proxy until the vicks starts trading at 9 30. Session lows. The caveat is european volatility has picked up at a time when actually u. S. Volatility, the vicks, has stayed pretty much muted throughout the year. Finally, the vicks woke up. European volatility is being heightened a
Shares in siemens slump with a quarterly loss it reviews the russia business no technical justification behind the cuts. We have no major announcement from the breakdown of operations this is why i cannot reconcile a technical reason for the supply of gas. And moodys cuts the italy outlook to negative with the political volatility in rome the center level is falling apart ahead of the key general election good morning welcome to another trading week. European markets digesting the strong payroll report of 528,000. Almost double what the market considered very strong number the Unemployment Rate also lower. Coming in lower heexpectations a recession defying number that reaction so far across markets has been positive. Stoxx 600 today is all trading in the green as far as the heat map is concerned the index is up 5 Percentage Points the week as a whole, the stoxx 600, down. 60 starting off on a better foot. This is the breakdown. The toftse 100 is higher today despite the gloomy Economic