Can she break the deadlock . Pushing crude Prices Higher. Of the impact be shortlived . Matt. Matt we are half hour away from the kickoff. Hear what we see is very little direction in terms of what the european indexes are doing, the ibex futures are not moving much at all. , itspread, i will tell you is close to nothing between bunds veryds and interesting chart. I have a three day look. To move on start friday. There is the move down we saw on friday. Right now trading at 0. 40 . Down arting to move result of what we had over the weekend, the austrian vote in the catalonia new desk catalonia and move. Guy the legacy coming out of asia is fairly solid. That is something to Pay Attention to. The aussie market is pretty strong. 5 . Ikkei up by here is the euro trading at session lows. The eurodollar trading at 117. 19. The story surrounding what is happening in spain. As we are going to talk about, it was meant to be a yes or no pits spain said, any ambiguous response, we will take as a
The future for the banking world and the political escape. The exclusive conversation at 9 30 a. M. London time. In the meantime, lets check on your markets. This is what i am seeing. A lot of the talk will be on burberry after the company put out an announcement that maybe was interpreted in the markets. They didnt see anything worth buying the stock. It is down here in europe. The european stocks taking their cue from quite a volatile session in asian markets. The dollar flat. Treasuries flat as trump challenges china over unfair trade practices. Ere is nejra cehic nejra in the u. S. , republicans on the house ways and Means Committee ames to aims to release their tax reform bill later today. Speaking exclusively to bloomberg, Steve Mnuchin stressed how crucial getting tax reform through is to the white house. This is the president s most important domestic agenda item. We are going to get this passed. The objective is to get it to the president s desk in december. Nejra the uks gove
Anna welcome to bloomberg daybreak. Im anna edwards. Manus im manus cranny. Another day and another momentous moment from the white house. We are talking about the Washington Post article which has been denied by the white house that the president classified information to the Russian Foreign minister and ambassador. How are markets taking this second big political punch . The dollar has dropped. It started pretty much in the middle of last week. Poor sales, cpi data so the dollar fell in the fifth day in a row, the longest losing streak since march. The dollar is back at level when President Trump came to our. This is the second political punch the dollar is lower. There is no aggressive Market Reaction to the story which has been denied. Anna the dollar weakening for the fifth day. They have seen this moments of Building Momentum building. Asia risk radar on asian equity markets now. You can see a little bit of risk aversion trading coming through as these headlines dropped. The doll
Inside and outside tomorrows meeting . Oil rebounds. Crude came back from the date biggest daily loss in four weeks area your stockpiles declined. Is the glut cyclical or structural . We will talk about what that means for the global economy. Were less than half an hour away from the start of trade. Lets look at where the bloomberg is telling us trade will take us. It looks like anybody is going to be sleeping peacefully through the market open. The moves are even more subdued than we saw at this time yesterday. European markets are going to be going sideways. Lets take a look at what the jim m us about the picture around the world. Ats focus in on the number of areas. The peso has been a number an interest. African market bouncing back. We see the indian market is a focus of attention up by. 4 of 1 as we continue to digest the impact of the new sales tax. That is what the market is doing. Here is the number first word news update with juliette saly. Juliette thank you. The u. S. Has t
Most in three years. We used to focus on cost, now we need to focus more on revenues. David we hear from Deutsche Bank ceo and ceos of other European Banks reporting this week. Major data out of japan and the u. S. We size up the state of the , global economy. I think the economy is now picking up, but if you look around the globe it is happening elsewhere, so i do not think the bank of japan can take credit for that. It paints a picture of an economy overall which is effectively treading water. David it is all straight ahead on bloomberg best. David hello and welcome, im david gura. This is bloomberg best, your weekly review of the weeks most important Business News analysis , and interviews from Bloomberg Television around the world. Lets start with a day by day look at the top headlines. The week began in st. Petersburg, russia where opec members and other Oil Producers emphasize their commitment to continue cutting imports in order to best exports in order to put a stop to the Glob