Welcome to bloomberg surveillance. I am anna edwards in the city of london. Lets start with a check on the markets. This is how we are doing on the stoxx 600. We did either side of the flat line trading and we are losing around. 1 . A little of performance coming through in the london market as you might expect when you have Oil Prices Going higher by 2. 2 because of the tensions between the u. K. And around in the strait of hormuz. That is the focus for oil traders and they are pushing out some of the oil related businesses listed in london. S p futures point higher. We are a little range bound on these Global Equity markets looking for guidance, looking for the continuation of the equity story. That will come later on this week. Earnings reports from the baking sector. Going to be a lot to talk about. We will be looking for the ecb and the Interest Rate decisions have to make. A little bit later on, mervyn king is going to be joining the bloomberg team. Dont miss that conversation. A
Francine lacqua. Resurgence for the far right. Belowdex is a little bit estimate for the month of september, 115. 2. Lets check on your data to see whether it has any impact on euro or not. You can see eurodollar, 119. Politics are dominating trading. The sliding a touch euro sliding a touch. Gold falling, crude edging low as well. That is your data check. Lets get to the bloomberg first word news. Nejra donald trump has stepped up his criticism of the nfl sing fans should not go to the games by saying that layers who protest Police Brutality during the National Anthem should be fired. Said heand patriots ceo was deeply disappointed by the president s comments. Meanwhile a trump has ordered you travel restrictions on a countries replacing the current ban on six majority muslim nations. It targets travelers from iran, libya, yemen and somalia. The move opens the president to what could be a new wave of legal challenges. Iran has testfired a new Ballistic Missile in defiance of citingted
In the meantime, this is what im looking at. The euro having a little bit lower. Spain continuing to be on edge after its Prime Minister moved of thethe authority region. The nikkei up 1. 11 . Sent thees election region to elect to a record. Thats your market check. Lets get to the bloomberg first world news. Catalan separatists are meeting today to formulate their response. Catalan president is set to be ousted, but he vowed to fight on. His allies are signaling he could be declaring independence this week. Rex tillerson is calling on european allies to support new sanctions on iran. He is warning that companies doing business with tehran are doing so at their own risk. He was in riyadh for talks trying to bolster a new alliance between saudi arabia and iraq. Saudi arabia has rebuffed his requested in the fourmonth isolation of qatar. Mays efforts to get brexit legislation through parliament has hit a low new load lock new roadblock. Political political fragility was underlined by the
London. We have a little bit of data out of london. We understand by speaking to people familiar with the situation that goldman will review its commodities after the worst start in a decade. They are looking into why they were on the wrong side of a trade when it comes to oil and some of the other commodities. One of the commodities had to make a huge correction and lost three to four months. We will update you as soon as we have any more news. In the meantime, lets go straight to the data. I wanted to bring you the stoxx 600. They are rising in light trading. This was one of the longest winning streak of 2017. The dollar is strengthening after they were start to the year since 2006. The ruling party was defeated in tokyos elections and it is the first day of chinas bond link to the rest of the world. The yuan. 6. 7867. Lets get straight to the first word news. Reporter Philip Hammond will today use a speech organized by the confederation of british industry to tell Business Leaders t
Who is responsible . The fed . Jeffrey lacker . Or the new governor of indias reserve bank . We are less than half an hour away from the European Equity market open. We will spin you through what weve got in terms of the equity market. Solid session yesterday. Lets see what the fair value points are. Londono stocks 650 looks like it is going to soften up a little bit. Lets move you on and show you what is happening around the world. Let me just fix what is happening. What we have got is a story of the markets yesterday at what we did get i want to throw your attention here into the commodities market. Gold is stabilizing. We will come back to that story a little bit later. Caroline, the store yesterday, gold has been driven by the european market. It is the bloomberg reporting on the taper from the ecb. Caroline bill gross said he even traded on it. He went for a short duration. Our people miss reading the brilliant story that is saying the overall ecb decides to start exiting quantita