If you break down the markets, they are having a rough ride. Matt, when you look at the u. S. Dollar strengthening and oil prices plunging, it seems the only possible catalyst is opec, the ecb, and the fed working together. The block. Matt the looks like the market is trying to spank this out of those groups you just mentioned. 40 on s p futures. 3. 36 on dow futures. Japan closed hong kong was down big. In europe, we saw bigger moves. 40 in paris, down 4 . The dax down almost 3 . At one point it was almost down 4 . Look at eu banks. You knew we had to watch stocks jen earnings. Even though earnings grew, they missed estimates. That has been a big concern. European banks have been a concern after Deutsche Bank. Socgen down. Hsbc is down four and a half percent. Interesting story we will get to about the capitulation of hsbc to investment bankers. Freezee saying we will pay raises, then two weeks later say that is not a good idea. They will continue with plan to pay raises. I was going
Vonnie and oil with the future of electric cars. It is all straight ahead on bloomberg best. Vonnie hello, i am vonnie quinn. Welcome to bloomberg best. Perio a weekly look at the most important Business News and analysis from around the world. Lets begin with a day by day look at the top headlines. With the june 23 date set for a u. K. Referendum on eu membership, Campaign Season on brexit began in earnest monday. A controversy had an immediate financial and economic impact. U. K. Prime minister David Cameron answering questions from lawmakers in the house of commons. These are live pictures you are watching. Cameron has been making the case for staying in the european union. But camerons stance is suffering a setback as long as the london mayor is rallying for a socalled brexit. Is this about volatility . Does it really not matter how many people turnover to the Boris Johnson side . Rob he is one of the most recognizable politicians in the u. K. , and his decision to support brexit h
To 20 years. Vonnie and oil with the future of electric cars. It is all straight ahead on bloomberg best. Vonnie hello, i am vonnie quinn. Welcome to bloomberg best. A weekly look at the most important Business News and analysis from around the world. Lets begin with a day by day look at the top headlines. With the june 23 date set for a u. K. Referendum on eu membership, Campaign Season on brexit began in earnest monday. A controversy had an immediate financial and economic impact. U. K. Prime minister David Cameron answering questions from lawmakers in the house of commons. These are live pictures you are watching. Cameron has been making the case for staying in the european union. But camerons stance is suffering a setback as long as the london mayor is rallying for a socalled brexit. Is this about volatility . Does it really not matter how many people turnover to the Boris Johnson side . Rob he is one of the most recognizable politicians in the u. K. , and his decision to support b
Mr. Gates the best governance is where you look down the road 10 to 20 years. And oil with the future of electric cars. It is all straight ahead on bloomberg best. Vonnie hello, i am vonnie quinn. Welcome to bloomberg best. A weekly look at the most important Business News and analysis from around the world. Lets begin with a day by day look at the top headlines. With the june 23 date set for a u. K. Referendum on eu membership, Campaign Season on brexit began in earnest monday. There was an immediate financial and economic impact. U. K. Prime minister David Cameron answering questions from lawmakers in the house of commons. These are live pictures you are watching. Cameron has been making the case for staying in the European Union. But camerons stance is suffering a setback as long as the london mayor is rallying for a brexit. Does it really not matter how many people turnover to the force johnson side . He is one of the most recognizable politicians in the u. K. And his decision to s
Of the table despite market expectations. Well talk Central Banks in the reason why hans is in frankfurt. Jpmorgan trading revenue dropped 20 this year amid the global rout. But the bank is gaining share in europe. Is this bad news for Deutsche Bank . We will talk about that during the next hour and a half. We are a half hour with the European Market open. Let me show you the fair value tech elation we have this mark. Fairly flat, i little bit of civility may creeping back into these assets after some fairly big days. You can see london just a little bit higher. Let me take you through some of the other assets you need to know about this morning. Pound thatg at a is back above1. 40 but has gone below that overnight. If youre on the bloomberg, go check it out. It is a great story but where economists see the pound going. Dollar yen continues to move. You could see in overextension of the fed doesnt hike. You could to the move all the way to 1. 05, what would that do to the japanese econ