Walmart stock unchanged in the premarket. Jonathan we begin coverage in europe, where too many, its hard to reconcile rising global uncertainty with Economic Data that showing resilient economy. We had to france where greg is standing by. I want to begin with the politics. Marine le pen and the National Front touching up in the front for the second round. It has much more to do with security than it does with the economy. If you go back a few weeks, the poll showed are leaving in the first round and getting stung in the second round. Losing, somewhere in the 30 range. Her opponent would get somewhere the 60 range. It takes a much tighter race for the second round. Seeing high 50s for her opponent, low 40s for her. Theres a bunch of reasons. She has definitely had the security issue, but the incident at the louvre recently. There were riots across france after the release after the police brutalized a young man. Some of her opponents took the side of the young men who got in trouble wit
The former u. K. Prime minister slams Theresa Mays Brexit plan as unreal and overoptimistic. Good morning. This is bloomberg surveillance in london. Our guest host we will get to him in a second, but we have breaking news out of norway. This is the norwegian wealth fund. Returns are about 6. 9 . Normally, the sovereign wealth fund, very invested in oil, diversifying into other parts of the world, for instance real estate. They were able to return 6. 9 percent. Objectively speaking, that is not bad. Lets gobout stocks, to your data check. It is 9 00 a. M. In london and caution seems to be creeping into a lot of Financial Markets ahead of Donald Trumps address to congress. A rally in tokyo melted. Yen strengthening a touch. , 112. 41. N after a losing streak, i wanted to watch for vix. Until the french elections, that is one thing we need to watch out, at 12. 18, a touch higher. Here is nejra cehic. Nejra billionaire wilbur ross has been confirmed as u. S. Commerce secretary by the senat
Nasdaq declining. I think that will tackle a major trend thats shaping this economy, maybe the major trend at this moment. Our time, our schedule, it has been disrupted and we simply arent doing what we used to do anymore. The problem is that our habits are changing so fast, so quickly, unbelievable that businesses cant keep up, and these radical reorganizations of what we do and where we go and what were occupying ourself with are playing havoc with the stocks we focus on regardless of what President Trump has to say tonight in the big speech. Usually its not all that stark. We cant spot it because we have so many data points and examining so much information all at once, its a vortex. Today, though, we got the most violent contrast i have ever seen. Im not kidding, in one day. Im talking about the perfect storm of dominos versus target. What does a pizza delivery chain have to do with a mass market merchandiser . In this case, everything. This morning dominos, longtime cramer fav sin
Nintendos new device goes on sale around the world but can it convince gamers to switch . Plus the gadgets google wants every home to have. We hear from the companys new hardware boss. Welcome to World Business report. Im ben bland. In a minute well talk about the currency thats become more valuable than gold. We start injapan on a huge day for Computer Games giant nintendo. It starts selling its latest device the switch. Its kind of hybrid machine combining a home console and a Mobile Device in one. And its safe it say it is a massive gamble for nintendo, which is trying to recapture its glory days as a Games Company in a fast changing industry. Some are even calling it make or break. Lets show you why gaming is very big business and growing fast. According to consultants newzoo sales will top 100 billion for the first time this year. But theres another first. Gaming on Mobile Devices mostly smartphones will take the biggest share this year, with estimated sales of 42. 5 billion. That
Going on in the financial world, i can tell you that sally is here with World Business report. Today politicians in the European Parliament get a chance to debate brexit with meps well aware they have a final say once negotiations are complete. Another brick in the wall the Bidding Process for the building of president trumps controversial wall along the Us Mexico Border has ended. We talk you through the proposals. Hello and a very warm welcome to World Business report. I am sally bundock. Also in the programme well be live in mumbai for the latest on the uk Finance Ministers trade trip to india. But first, lets start with the news that it has been a week since the United Kingdom finally gave the European Union formal notice that it wa nts to European Union formal notice that it wants to leave. And in a few hours time, today, the European Parliament is starting discussions on what it wants to see from the negotiations. And this matters because the parliament can veto any final agreeme