We have a lot of news to get to. We will be speaking to ana botin in a couple minutes. Then, we talk about trump, animal spirits, the ecb. A lot is going on, if i am honest, tomorrow is thursday with the ecb, the u. K. Election, and james comeys testimony. Investors are taking a breath ahead of the barage of key events i was talking about. Treasuries are flat. They did climb yesterday on news china was prepared to purchase more of the notes. Stocks are a little bit mixed. Santander was down earlier and now is gaining 0. 6 . Lets get now straight to the bloomberg first word news. Twoa in iran at least attacks have reportedly taken place in tehran as gunmen targeted the parliament. At least one guard was wounded during the attack inside the national legislature. In a separate incident, a lone gunman entered a shrine of the Islamic Republic founder and opened fire. Theresa may has said she would be willing to tear up human rights legislation in the battle against terrorists. Jeremy corbyn
We will have the latest, but first, lets check in on the markets with mark barton. Mark e. U. Go. Look at the right hand side of the chart. Look at the map. Tories 315. 326 is the number they need. They are not going to get that number. This is not a brexit type of exit. European stocks are rising. Ftse is gaining because of the weak pound. Biggest decline since june 27. Sterling two day chart. That is when the exit polls came out at 10 p. M. Last night. Wed be down as much as 2. 5 . Vote, the expectations were if we got a Hung Parliament, sterling could fall as much as 1. 20. The median forecast. The 10 before the Vote Deutsche Bank set if we get a labour victory, the 10 year goes up. If we get a tory, small majority we go down to 90 basis points. Fascinating times, but its ver y much a localized Market Reaction. Francine thank you so much. She promised strong and stable. But we have this morning is anything but. The snap election gamble has backfired. Losing seats rather than gaining
Numbers from germany higher than atected, Business Confidence 115. 1, estimated 114. 5. Global stocks advancing. Nestle is the one we are watching. It did spark a rally in european dan loeb looking at the company. The other one im looking out for is intesa. Lets get straight to bloomberg first word news. The u. K. Prime minister due to meet the leader of dup. Also, theresa will publish details how she intends to protect European Union nationals living in britain. David davis has said that in said britain will fight any demands. Are secretary of tate says qat will find it difficult to meet demands from of the Rex Tillerson said they could be a basis for talks. The list of demands includes shutting al jazeera, cutting back ties with iran, and ending turkeys military presence. Pakistan, more than 150 killed after a tanker exploded. Officials said dozens more are in critical condition. Villagers had gathered to collect leaking fuel. The final round of election showed a resurgence in for fo
Are on this planet, you you can watch this fight. Francine good morning. This is bloomberg surveillance. We are getting breaking news out of germany. The Current Assessment for ifo, 1. 2416. This is the latest figure we got. We will bring you any breaking news. We will be speaking to the president of the ifo institute. In the meantime, this is the picture i am looking at on your asset markets. We are seeing a little bit of pause. A lot of currencies, a lot of stocks are drifting a little bit before janet yellen take to the states. Conviction inuch a lot of these european stock trading. This is what we are seeing overall. The euro falling. There was a little bit more Decisive Action in commodities where most Raw Materials climbed. 48 below 40. Thats get straight to the bloomberg first word news. Convictedlee has been of bribery, perjury, and embezzlement and sentenced to five years in prison. He was found guilty of conspiring. He says he will appeal the verdict. Hurricane harvey has str
Welcome to what will be a pretty intense show as we gear up toward that inauguration in about nine days from now. We have a new report from the World Economic forum on global risk. They talk about unemployment as one of the big risks. Inequality and increasing polarization. What they mean is the polarization of politics within various countries. Weve seen it with brexit, with trump, but also polarization in terms of various countries around the world. They talk about environmental risk. Not also talk about Society Keeping pace with technological change. We will speak to the chief author of the report a little as wen in surveillance also geared towards davos, which starts next tuesday. First things first. We will check in on the markets. This is european equities. I would suggest that most of the moves and the most important moves are going on elsewhere. It is currencies, but also the emerging markets. This is a picture we are seeing for the turkish lira, hitting a dataow ahead of the l