Terror attacks down by just 0. 25 . Breaking overnight, saudi arabia, the United Arab Emirates, egypt and bahrain severed ties with qatar. Now, theyre accusing the country of supporting terrorism. The gulf states said qatar support of the Muslim Brotherhood threatens National Security because the foreign minister has said the measures are uninjured based on claims that he says have no basis in fact. Takes a quick look at crude prices. Wti at 47. 84. We will get a live report from dubai in just a couple minutes. In london, as you know, on saturday, seven people were killed dozens were injured when three men drove a van into pedestrians on in this case, it was the London Bridge then attacked people with knifes in a busy neighborhood. Its the third terror attack in the uk this year, comes days after manchester and just ahead of thursdays parliamentary election. Lets get to wilfred frost in london good morning, will. Reporter good morning, joe. Seven people dead, as attackers crossed Londo
Anna a warm welcome to bloomberg daybreak europe. I am anna edwards. Manus i am manus cranny. Breaking news. Anna the german pharmaceutical business merged if an update. A couple of headlines coming in at 1. 20 per share. Euros, ebit 400 and 5 million. 405 million. Net income figure for the First Quarter of 269 million euros. These are the numbers coming through as we speak. The broader story, the expectation from Morgan Stanley is that these would be a Strong Revenue but there were several moving parts in 2017 that will likely drive a cautious guidance. 1. 3 1. 43 europes, yesterday was 1. 42. Manus some of the big drivers, the probability of a rate hike unitedted fans states stands at 100 . Inflation, reflation, the great reflation trade. This is what china produced. The ppi nevers. Busting through 7. 8 on the chinese prices. That is the most since 2008. It is more a question that cpi has underperformed. How strong is that . Does that remain intact . Anna export prices run the world,
Manus if you so some of the biggest deals in the world. 29. 48e comes in at billion euros. 24 pointate was that 29. 5. Adjusted there for the company. The estimate was for 5. 75. They say they have and adjusting error. Anna i wonder how concerned they are about the Global Growth outlook. Somewhere about what happened to the dollar as a result of the fed. We got a nice chart of the dollar diving on the back of the feds meeting. Manus that is quite a genetic move. Anna the lowest in almost five months. A piece on the bloomberg which is about all kinds of insights. His background that we all know. He says low inflation in the u. S. Is it lack of a will to . It and not a lack of tools. You can go to dots go. The positioning of the dollar is interesting because the market was already the least bullish on the dollar since 2014. This wonderful piece is this is a battle of the fed prognosticators. Yet to bet on the dollar, not the treasury. You have to bet on the dollar, not the treasury. Bill
What is happening on the markets. A surprisingly busy session. Caroline grinding higher across the board. Political risk is dominating the front of every traders mind when it comes to spain. Stocks and bonds, stocks and bonds down today. This ibex 35, clear underperformance. Making up all of those losses we saw on friday. Id ask shopping ibex having its worst day. Every Industry Group is tainted. Real Estate Companies trading lower. Does utilities , elections. Can they get together some sort of majority . We are entering uncertain uncharted political territory. Theyre up 13 basis points. They were up 18 basis points. Daily, foreign costs rising. Concern about the political stability of spain. Interesting though, keep an eye on oil. It is always on our perspective. This is 2004 for you. It is down phenomenally this year. 36 per barrel on brent. Clearly, the ongoing concern about the supply gullet supply glut. Rig counts 17sing to 17 makes rigs added since july. Talk about cutting costs
Go into that home they found five bodies including the suspect police say that those bodies are related in that they believe the suspects killed those people before officers got here again a very sad senior went across the street to actually see a family portrait on the wall now were working on getting more information on you. What led up to this and we will keep you updated as we get more informations live in chesapeake. Elise brown thirteen years now so much a gallon just update you on this breaking news story throughout the morning we can learn more and i would switch out heres to the weather and what you should expect a day it was i was little sleet when we came in this morning near downtown norfolk. Isis god is in for craig this morning and she has a look at that really also have heard this week asia than to ride with the ragged as the eye lot of changes as we had over the next several days how to take a look outside at the under mentioned we did have a few sleet pellets mixing an