The euro area is expected to confirm growth at a 10 year high this morning. How long can the ecb continue its expansionary policy . Buy softwares to for around 2. 4 billion. It seeks to bolster its Cloud Business. As they deliver fourthquarter earnings, the ceo gives us his first view. Good morning, matt. Matt we are less than half an hour from the start of european trading. Futures, sapropean shares are indicated to trade down, but maybe that doesnt mean much in a market that is indicated to trade down as well. Dax futures are down, as our ftse futures. It looks like we could see a negative open. S p are indicated to open down, as well. The cash missed price is looking for an even lower open. Look at bunds in my terminal, a threeday chart. Sell stocks and have to buy something. It looks they are buying like and are buying german bunds pushing the yield down to less than 70 basis points. 10 year bonds trading at 69 basis points and has come up substantially from days ago but is heading
A warm welcome to daybreak. It is 7 00 in europe. If you are in the United States, happy president s day. Balance herece with the cash markets closed and you have the equity futures trading lighter than normal with the best run in equities within pushing awayd against volatility and rising yields. Survey with the market drop to reenter and it is all about the United States this week and the fed minutes and what you get on wednesday. Andill begin to understand builds to the testimony with the actual power of powell. We have some numbers coming across your bloomberg terminal. We have breaking news on a dividend coming back and platinum declares a dividend. It is an interesting time in the market with donald trump raising and theter of tariffs dollar has trade tensions and the possibility of tariffs in the United States and the dollar manages to eat out this. I mentioned to you that the paperates are opening and will come over the next few days. Who keeps purchasing it . The chinese canno
14 Revenue Growth. Is the worst behind the business . We are going to speak to the ceo in a moment. And a german newspaper reports trades are lower in early trading despite the company saying no complaints have been filed. Let me reinforce that. Lets turn to the wei. We think we are going to see a start. 0. 3 ,nk we will be up 0. 4 , 0. 5 . It is president s day end the states, so a positive start as well. But sticking to the gmm and show you what is going on there. This is the picture. Nikkei up by 9. 17 . Lots of asia still closed for the lunar holiday. They will be back later this week. Strength trade started to run out of steam . Lets get a first word news. Updates. Start with the united states, where President Donald Trump criticized the fbi, democrats, Robert Muellers investigation and his own National Security adviser over russias efforts to sway the election in 2016. Tweeting 14 times within 24 hours, he focused on defending the validity of his victory and insisting neither he
The issuance of costly promises is virtually limitless. Shery Central Banks release Meeting Minutes with important clues for investors, while Neel Kashkari shares inside insight on the fed stock proccess. Wall street overreacts to everything. They overreact to the upside, they overreact to the downside. Shery plus, the earnings drumbeat continues loud and strong. What is pleasing is all parts of the business are performing well. There is still a lot more work to be done, but we are pleased with where we are today. Shery it is all straight ahead on bloomberg best. Shery hello, and welcome. Im shery ahn. This is bloomberg best. Your weekly review of the most important business news, analysis, and interviews from Bloomberg Television around the world. Markets were closed in the United States on monday, but there was plenty of drama elsewhere, as a euro group put forth a nominee for the vice presidency of the European Central bank. Nejra the euro group has nominated luis de guindos for the
Assurances it will not suggest to firms breaking out research costs. This is a mifid story. We will talk to mark cudmore about the story shortly. The Bridgewater Associates founder discloses a 300 million bet against the oil and gas. Iant we will speak to them tonight. Ofio is down on a bunch companies. We will figure out that story. Than half hourss away from the start of cash trading. Take a look at equity index futures. You will see not a lot of movement that positive on the ftse and the pound goes down, negative on the euro stocks eurostoxx 50 index. Take a look at bunds. 36 handle on bund yields. Looking at a 36 handle. If i click here on the onemonth you can see that we were much higher over the past month, hovering around 45, 46 the entire time and we have seen bunds. Eal movement in bimd yields have come down as investors that for safety. You take a look at the Fund Managers survey and the indication there is must Fund Managers believe the yields will climb, not fall despite wh