When it comes to the markets. I am looking at the european stoxx 600. They are gaining some 0. 6 . We saw a lot of tech stocks falling significantly yesterday. Stocks today may be recouping some of the losses from yesterday. There is a bit more optimism creeping into the market after we saw the tumble yesterday in the u. S. There was also concern that investors would worry about the fact that astrazeneca had to experimentalof an covid19 vaccine. Investors for the moment taking news in stride. Equity futures strengthening. The pound heads for the longest declining streak since march onward that talks could collapse over changes in the brexit withdrawal agreement. They look good on paper, but smart bid etfs have been failing when they hit the real world. Lets get straight to the bloomberg first word news. Here in london is leighann gerrans. Good morning. Astrazeneca has paused a late stage trial of its Coronavirus Vaccine after a participant became ill. The drugmaker said the decision wa
Market expectations for more rate hikes in 2017 . And talks with tusk. Theresa may hosts the European Council president at downing street. This is bloomberg surveillance. Good morning. Our top story. The u. S. Has launched a Cruise Missile attack against syria two days after accusing a a ssads regime of using poison gas to kill scores of civilians. The syrian air field from which the chemical strike is believed to have been lost was tomahawk missiles. During the election campaign, President Trump vaulted past u. S. Leaders for getting embroiled in conflicts. He says this action is justified. President trump it is in the vital, National Security interests of the United States to prevent and deter the spread and use of deadly chemical weapons. There could be no dispute that syria used banned chemical weapons, violated its obligations under the Chemical Weapons Convention and ignore u. N. Rging of the Security Council. Putin condemned the attack is an act of aggression that will cause dam
Overview on what we are expecting. The main asset class that are moving. He stoxx 600 gaining 1 . Were seeing Bond Investments from saudi arabia. Stocks rallying and commodities rallying. This has to do with speculation that that the fed will remain acome tavet. Let me bring over to my bloomberg terminal. This is the picture for the terminal. Let me get rid of my messages. This is the picture for the c. P. I. Harmonize. Data comes out in half an hour. This is what mccartney will look at to see what he can or cant do in terms of cutting Interest Rates. It has an impact on our prices and the blue sideline prices. Input prices significantly rising more than inflation so far. Lets get straight to the first word news. Barclays says investors should buy european equities regardless whether the Federal Reserve raises borrowing costs in the next three months. Given the support from Central Banks from around the globe, the overall picture is very supportive of stock markets. Australias Central
Where does oil go . The earnings that are little below expectations. Tom we have Liz Ann Sonders in the next hour and steven major. Looks absolutely brilliant in 18 months as he lived for low rates. We are thrilled to have Robert Morgan stanley from tokyo with his authoritative view on what the bank of japan has wrought over the last six days. Withine we have that call yields going to 0. 1 with japanese 10year yields going below zero. Lets go to bloomberg first work tears. Vonnie the syrian peace talks are close to collapsing. Opposition groups are threatening to pull out unless russia and syria stop bombing rebel held areas. The United Nations mediators are overseeing the process and hope before nationwide truce. A terrifying moment in the skies over somalia. A whole is ripped in the side of a jetliner. Landed safely in mogadishu. The king of spain has turned to the socialist party to end the political impasse. He asked socialist Party Leaders to form the next government. Six weeks ag
Is off today. Euro area pmi coming in at 54. 2. Slightly below the estimate. But i think within the plus and minus pmi, rising to 54. 1. I check on the light side. Not too excited about that. Eurodollar is softening a fraction. It is still sub 110. On change. Softening a bit. As the data his of the screen. A fraction negative. As the data hits the screen. Lets get more from hans nichols. He joins us from our land. The number is soft. He joins us from berlin. Hans that is the point. It is expanding. It is lower than what was expected. You look at the spain number and it was 57. 3 up from 56. 2 in february. We may hear about diverted economies. Growth in spain and italy. And people will take a very close look at the numbers in greece and whether you are you can accept these other points and whether or not greece is swept excuse me, slipped into reception recession. Our tax receipts were way down in a january and february. They have seen capital flee the country. 25 billion euros in the f