Because gold is rallying. Strengthen,inues to and treasuries continue to see their yields drop. The 10 year at 93 basis points right now. Guy we are moving pretty strongly here in europe. What a week it has been. Today we are definitely down when it comes to european equities. Seeings of what we are on the bond market, we see a bit attached to bonds. Not as aggressive as in the united states, which is worth bearing in mind. At the moment, the u. S. 10 year is down by two basis points. Nevertheless, we are 68. There seems to be some feeling that the russians wont sign up. Weve got a u. S. 10 year yielding 93 basis points. Things are moving pretty fast around here, and the words of ferris buehler. Economic activity is definitely slowing, so what comes next . Peter kinsella joins us now onsite in london. What do you make of these markets . Peter what is interesting is that youve got a combination of Global Demand shock, Global Supply shock, central Bank Reaction functions, and risky asset
Market. 33 basis points. Auto. Ft significantly not a massive change, but still notable. The dollar index is up. Lower. Uber is a lower by 2 . It is between 96 and 97. Tesla is down now for percent. Tesla one of the most interesting stocks giving away you have the first delivery of kinds to cars to shanghai vehicles made by factories in workers and also receiving a shanghai. Note that may be the model three it may miss the delivery target for demand saturation. Saturation is in terms of demand vonnie thank you. Kailey leinz with our market and that continues for tesla. Check. Here in europe, light volume. Us on key analysis. Stocks are down, 7 10 of 1 . Save your favorite for future we will talk about that in a reference. This is bloomberg. Moment. Eight basis points. We are 18 on the german 10 year. A selloff around the world for global bond markets. Here is an assessment from where we go next. We are joined by the head of fx strategy. Nice to see you. You dont like the dollar. I dont
The stoxx europe 600 pretty much flat. We did have a bit of a move on the u. S. 10 year yield, currently up 1. 82. We had renminbi, a little move actually that became a bigger move, strengthening past seven since the First Time Since august. S p futures gaining some 0. 2 . Ourng up, much more from exclusive conversation with the Goldman Sachs chief executive, David Solomon. He talked about negative rates, the industry, and of course, about trade. Lets get straight to the bloomberg first word news. U. S. Tariffs is what china wants before president xi signs a potential trade deal with president trump. Ft reportsafter the to grease the wheels for an agreement. Washington is reporting removing some tariffs on chinese imports. Now to the u. K. Election campaign. Prime minister Boris Johnson and Opposition Leader Jeremy Corbyn trading barbs. The house of commons elected its new speaker, mp lindsay oil. Hoyle. He was a member of the labour party but is now not affiliated with a party. Chinas
Rbf and barclays to follow. Today, we hear from the cfo of Software Giant sap. Welcome to bloomberg daybreak europe. Has described Boris Johnsons situation this morning looking at a fruit tree but unable to eat or drink anything. He is going to try and put a meaningful vote to parliament today. Speculation is he may have those votes by just 16 in terms of that amendment. And then we look ahead to this week. If we get a vote, we asked whether it will pass. Optimismms to be some in the market. Sterling is softer today but the drop of. 5 , nothing compared to the gain of 5 this month. Votef them saying a was passed this week. , credit of strategists agricole, we could see 136 in the mediumterm. One week volatility staying elevated near the 2016 highs. Manus. Manus that is the conversation we had yesterday. He said a lot of the risk is in the Options Market, not in the spot market. Hard brexit risk runs for the rest of 20 20. Even if he gets a deal over the line because he has a lot of tra
Far as 1. 69 . It is now 1. 71 percent. Dell are index is weak. Just one stock i am wanting out here, fitbit, trading up 15 . Google is buying fitbit. The offer price is 7. 35, trading right below where google offered. Guy lets talk about what the situation looks like here in europe. The stoxx 600 got within shouting distance of the 400 line. This after the payroll number came out. It then fell back. Maybe getting another jab at that this week. Lets take a look at the Bigger Picture numbers. 399. 3. 00, we have seen a slightly stronger pound. Pay attention to what is happening in south africa this evening. Moodys potentially looking to downgrade south africa. That would take south africa into junk status. That would have a meaningful impact for the rum oppose a ramaphosa decision. A wto decision now. The wto has approved sanctions from china on the u. S. , this coming before the trade dispute. In chinese trade sanctions on the United States. It could add a layer of tension to the ongoi