Concern. In an exclusive interview, fetal ceo says things will get worse before they get better. The expectations of how long the virus might last and its longlasting impact, people have probably been reducing their worstcase scenarios over that period of time. Is said toredit ceo emerge as a leading contender for the top job at hsbc. Could another European Banking head be about to jump ship . Lets take a look just under an hour away from the start of cac equity trading at futures this morning. Down across the board, no matter where you look. Red arrows there. They are pretty solid. 0. 5 down on deck futures. 0. 5 drop. S, also almostfutures down 0. 66 . Gmm. A look at the that will show you quite clearly that we had big losses in equities and asia overnight. We continue to see some of those equity indices fall. Hsi. Kong down 1 on the if you look at the bonds, if we go to the next column you will see that investors are buying bonds and that really weighs on the yield. The trend is ris
At the ecb, Christine Lagarde says the central bank will be resolute on inflation. Manus we kick off bloomberg daybreak europe, waiting to hear exactly what the list of unreliable entities are from the chinese back to the u. S. Alive and well against argentina, brazil, france. That is the market angst in global trade. It is not going down. If anything, we are ratcheting higher. Man back at it, and this is the first time President Trump has explicitly tied tariffs to currency issues. We sigh risk on session yesterday and that started to sour in the u. S. On the terrace risk and on the factory data out of the u. S. After optimism around china. Manus of course, you are quite right. Interesting how his view on currencies the bloomberg john, crazy from like a fox in terms of understanding how currency markets move. The backs rose on a of issues. Socgen says the fed will cut 100 basis points year and the u. S. Faces Recession Risk, and you may see yields drop to 1. 2 . Bloomberg say if you s
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
Billions more if trade talks do not progress. Osaka and japan. H2o plans to wash its hands of toxic debt. In a bloomberg investigation s employees have worked with the Chinese Military. Less than half an hour away from the start of european trading. Want to draw your attention to treasuries. Yields have floated higher since coming down. Now, this as Goldman Sachs joins jp morgan slashing forecast. Indicating a risk in session is ahead. Futures, same impression. Dax futures up 0. 6 . Paris, a quarter percent. Gains of 0. 2 . What do you see in the gmm . Asian equities going higher. Yields higher. Despite President Trumps talking about how he has a plan b . Has been captivated by reports may be a truce could be on the table if we see some restarts. Hong kong up 1. 2 . We do see money coming out of the yen. Lets go to the other side. You can see coming out of treasuries, and going into debt. Watchinging to be mining stocks in the european section. Prices, and focus in brazil and china. Co
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