Manipulator. China has been taking steps to shore up the movement. Stocks in europe flat. They were lower early on. Scene to be stabling. Less of aa little bit move then yesterday. Excellence. En par view ofp, we get the Anthony Scaramucci. We will ask him about markets and the Trump Administration at 5 30 p. M. London time. The new york city, here is viviana hurtado. Viviana the yield on benchmark 10 year treasuries falling earlier to a level not seen since before the 2016 president ial election. Recession signals flashing. The spread between threemonth bills and the 10 year yield has seen the most extreme inversion since the lead up to the 2008 crisis. Donald trump delivering his most forceful condemnation of racism and White Supremacy following the Mass Shootings over the weekend that killed more than 30 people. The president did not call for new restrictions on gun ownership, instead blaming the attack on Mental Illness, video games and other cultural depictions of violence. We mus
Francine good morning, everyone. Welcome to bloomberg surveillance. Good morning if you are watching from europe and the u. S. , good afternoon if you are watching from asia. Francine lacqua here from westminster, what a day this is the day Boris Johnson becomes Prime Minister. There is a lot of pageantry today. Has her last Prime Minister questions our in parliament and that she goes to see the queen. She comes back, and then it is Boris Johnson started to see the queen. In the meantime, we have market movement. Euro area july manufacturing pmi is below forecasts at 46. 4. Services pmi is pretty much in line with expectations that it is a fall from the month before. We also had ugly german data which will impact eurodollar. This is what is coming up on bloomberg surveillance. , forve plenty of guests example, the ac malan chairman and deputy chairman at rothschild. He will be with us to talk the latest on oil. We also have robin from Chatham House. Lets get straight to bloomberg first
Production company bannau uk have launched internal investigations against comedian Russell Brand for women have accused the 48 year old of rape and Sexual Assaults during the height of his popularity between 2006 and 2013. Russell brand denies all the allegations and says all of his relationships have been consent, while investigative journalist Mark Williams thomas says more people could come forward. Could come forward. Ive already had one person whos contacted me talk to me about brand. There will be about brand. There will be numerous other people who are contacting either the authority parties or other individuals. Contacting either the authority parties or other individuals. So parties or other individuals. So Russell Brand himself has been very clearly saying that there are things that have happened in the past. He puts it down to a promiscuous relationship that hes had. You know, there is obviously an issue where consent is the question. Is the question. The former Prime Minis
Higher after several days of declines and following the string of declines we have seen around the world. Also strong because of technology earnings. Take a look at whats going on. Walmart is up 7 . Comparable sales of 2. 7 . The strongest it has seen in eight years. Its having its best single session in a year and half and trading at a record high. Cisco shares are also rising expressedcompany optimism that its transition to more Software Services is going well. Its Current Quarter will have twofirst sales gain in years. Thats helping propel those shares higher. Weve got walmart again. Rockwell automation. Rockwell shares have been rising. Also taking a look at paypal and synchrony financial. It is buying a Loan Portfolio of 6. 8 billion dollars from paypal. Its also getting an exclusive contract for paypal Consumer Lending and paypal is also at a new high today. Mark getting some breaking news on siemens planning to cut jobs. It is closing at least two sites. Europes biggest Engineer
Under 30 minutes away from the end of the thursday session. Look at the rebound we are witnessing. Increase first increase in european stocks for eight days. The swedish krona, sterling rising today. We had inflation data out of the eurozone today. A final estimate at 1. 4 headline year on year. September, logged in core inflation,. 9 percent, same as the early estimate, below the previous months. The green dotted line is the. Cbs target, just below 2 both measures are still a far cry from that measure, which is why the ecb continues to pump money into the economy. Lets get to some corporate data. A french carrier founded by a a 3. 5 billionaire had increase in thirdquarter sales after luring subscribers in the fiercely competitive wireless market. Its debut in 2012 intensified this price wall which has resulted in sluggish sales. Ltsperformance prompted to report a profit warning. Iliad gains 250,000 subscribers, wireless, 24 7 7000 broadband users during the quarter, bringing the tot