Good morning, welcome to bloomberg daybreak europe. Im anna edwards. Morning, a lot going on today and the Global Market maybe is the turnaround, that i guess is your top story anna . Dont call it a comeback, not yet. U. S. Futures point higher as we said in our headline. An interesting idea as to why there was not as much conviction to the downside as we had assumed, given what we were seeing in markets. Saw the dipsys we open up at the start of the trading session reduced as we went through the day. Corporate earnings, the number of company saying the profits will be beat estimates. 1. 21, the highest since 2010. Optimistics,ceos meaning many investors thought they were able to disregard concerns of geopolitics and north korea. Highyield credit and the fed, getting back in usingbuying opportunities. What is the broader risk radar . Just looking at the nikkei, not as broad as the to pix. Over the last six days it had fallen. Today its bouncing back up for the first day in seven. 1. 5
Also coming out, zimbabwes ruling party moves to impeach the president. Robert moog got a the president ignored they call to resign. Brent germany has been thrust into political uncertainty. Talks to form a new Coalition Government collapsed late on sunday after four weeks of marathon negotiations. They could the german president will try to cut a deal. Johnson a Angela Merkel is weighing her options tonight. She says she is ready to run for chancellor again in a new election if necessary. She would have gladly spared herself and germany from this walk of shame but after the collapse of Coalition Talks it is up to the german president to decide what the next step will be. Forming a new government is always a difficult political process involving struggle and disagreement. This is possibly the most important task that voters give their representatives within a democracy. The german president plans to make up for talks with various parties over the next few days. He has told his own part
In u. S. Stocks. All three major averages touching closing records. The nasdaq the only other three to also trade at an intraday record as we see strength on this day when we have a smattering of earnings reports to keep an eye on. That is one of the things helping boost the stock market. Also in the case of the stock market, technology is outperforming. Word aboutsay a volume. One of our chart masters cooked up this chart. Here is the average volume if you go back over the duration of the bull market. Here is this year in white. And the low of the bull market is here in red. 2017, volume has been running well above average. It started to arise a little bit, but again, still below the average line. Something to keep in mind as we enter this latest stage of the bull market. Back to earnings, i mentioned a smattering of them today. Tocks are rising, helping support overall gains in the s p 500. The packaged meat make a harm ormel, theiret h averages up 2. 5 . Medtronic coming out with ea
Tenyear. But get you up to speed on top stories. Is taylor riggs. Federal reserve policymakers signaling there will likely be an increase next month. Their most recent meeting shows that officials are looking for stronger science of their rights. Want people want to see inflation on an upward path before another rate hike. Tomorrow, zimbabwe gets the first their first new president for a few decades. The the new could country as a democracy. He had fled after being president bite fired fired by president robert who got a, who will not face prosecution. In the u. K. , conservative party makers are delighted with a by hammond, who targeted Younger Voters with tax biggestand promised the Homebuilding Program in almost five decades. Conservatives lost over brexit. In germany, chancellor Angela Merkel make it a partial lifeline from democrats. Social democrat leader Martin Schultz is prepared to offer a limited support for a fourth term. According to people familiar with this plan, schultz
That im Julie Macdonald this is al jazeera live from london also coming up. Unfolds chum to thank him for cia information which helped boil i saw attacks in russia. Suicide bombers attack a Church Inside pakistan killing nine people and injuring dozens more are on the former president hoping to return to power in chile with just a few hours to go at the polls. Hello Everyone Welcome to the program the u. N. Security council will vote on monday on a draft resolution the submitted by egypt calling for the withdrawal of u. S. Recognition of jerusalem as the capital of israel the egyptian resolution of firms quotes that any decisions and actions which purport to have altered the characters status or demographic composition of the holy city of jerusalem have no legal effects are now and void and must be rescinded in compliance with relevant resolutions of the Security Council. Well it was some other day of protests in several countries in support of the palestinians natasha going to reports