More than forecast single signaling a healthy economy. Gaining a half a percent or the nasdaq meeting those gains up 7 . The fed minutes did not do much to change this. However in the morning session, we had the report we mentioned, that report was out around 10 00 a. M. Showeda right there that the nonmanufacturing composite. The highest reading since november. Back in may but also going further and gaining 256 point. We saw it had not only in stocks but also in hans and other asked that classes. Also it seems the fed not really changing trajectory. Thank you. We appreciate it. Risk back a little bit. Vonnie will handed over to Michael Mckee. An interview with janus capitals bill gross. That will be playing on Bloomberg Television and radio. Michael thank you. Were talking with bill gross worldwide on Bloomberg Television and bloomberg radio. Good afternoon to you. The fed wasested uncertain about where the economy was going but beyond that, did you learn anything today . Not much. Un
To place all of this volatility in perspective. But we see is a flight to quality. We are in for a very long negotiation. That is what the markets are afraid of. Matt bloomberg best is straight ahead. Matt hello and welcome. Im matt miller. This is bloomberg best, mostweekly review of the important Business News, analysis and interviews from Bloomberg Television around the world. Lets begin with a day by day look at the top headlines. Monday sought more potential fallout from britains vote to leave the European Union. A little over a week after the u. K. Voted to leave, francis pushing ahead with the claim for the city of londons euro clearing business. They have laid out why he thinks paris is the new natural home for the operation. You have france in terms of organization. I think we have much more players now in paris. And much more deep marketplace interest. He seemed confidence that france could get its piece of the u. K. Financial cake. Is a euro clearing business. They are compe
To join the invasion of iraq before the peaceful options for disarmament had been and military action was not a last resort. The report denies there was a realistic threat from iraqi weapons and mass destruction. That was the main reason given for invading iraq. If sanctions against Saddam Husseins regime remained effective, iraq could not have developed Nuclear Weapons and would have taken the country several years to develop and deploy long range missiles. The report also says blairs government believed the saddam regime was continuing efforts to produce chemical and biological weapons. But the intelligence on the potential threats was not established beyond doubt. It also points out that blair wrote to then u. S. President george w. Bush saying i will be with you whatever. And it claims this shows the two leaders had agreed to overthrow saddam before the start of the war. Blair said wednesday he accepts full responsibility for his actions. The decision to go to war in iraq and to re
We have concluded the uk chose to join the invasion of iraq before the peaceful options for disarmament had been and military action was not a last resort. The report denies there was a realistic threat from iraqi weapons and mass destruction. That was the main reason given for invading iraq. If sanctions against Saddam Husseins regime remained effective, iraq could not have developed Nuclear Weapons and would have taken the country several years to develop and deploy long range missiles. The report also says blairs government believed the saddam regime was continuing efforts to produce chemical and biological weapons. But the intelligence on the potential threats was not established beyond doubt. It also points out that blair wrote to then u. S. President george w. Bush saying i will be with you whatever. And it claims this shows the two leaders had agreed to overthrow saddam before the start of the war. Blair said wednesday he accepts full responsibility for his actions. The decision
Live from bloombergs European Headquarters here in london. I am Francine Lacqua. We will be joined by the prudential ceo, mike wells. The Company Reports earnings and a half hour from now. He joins us 40 minutes from now. 10 minutes after the release. We will be talking about brexit and all of the challenges he has to do in the wake of negative rates around the world. We will be talking about guilds. We are grading were getting breaking news out of the doe. Yesterday was the first time the boe ran into this stumbling block. The second day it was buying that it expand this qe program. The boe seeking offers and 1. 1 7 billion field operation. Do what it to is trying to do is it will include a shortfall. I dont know whether they are buying shortterm maturities which are easier to there are more sellers of that. Boe is saying it will seek office in this 1. 17 billion pound guild operation. I dont know if they are changing that much in terms of timeline. We will bring you any new boe headl