Japans chief cabinet secretary is set to win his partys leadership race, ushering in the countrys first change of Prime Minister in nearly eight years. His shot in the arm, pfizers ceo says it is likely the u. S. Will roll out a vaccine this out of aping stocks twoweek slump and oracle wins the bidding war for tiktoks u. S. Assets. The deal is said to be a partnership, not an outright sale. Just under an hour away from the start of cash equity trading throughout europe and in the u k from bloombergs european futures are positive. Futures and euro stoxx 50 futures. U. S. , but bigger gains of more than 1 across the major equity indexes. Futures rising 1. 7 on the nasdaq. Anna good morning, matt. Nice to be back in the studio. Lets get to the gmm on these markets today. Optimism around the vaccine is certainly something we are dealing with once again and a relief to see. Indonesia to the upside, south korea higher, india higher. Many markets moving higher and the msci asia up. 9 . Virus
High. We will get the view from Goldman Sachs. There are record deliveries for airbus. We will speak to the ceos of both companies this morning. Matt remember how inflation scared markets into a massive selloff a couple of weeks ago . Yesterday we got the strongest month over month cpi numbers 12 12 years anders in u. S. Stocks rallied. You saw a spike in treasury yields. Take a look at the 10 year here. You can see just a massive yields. In treasury the yield has gone up, as investors sell the debt. That makes sense if you expect more increases from the federal reserve. The question is, what happened to stocks . Guy i dont think that you or i could even bother to explain. The yen is really strongly bid, so the dollar continues to go down. The strong concerns see currency out of japan does not seem to be bothering the authorities. Kei wask kind nic also trading higher. Is big this morning, gasoline is also. With parsing a bid we are seeing a bid coming through on some of the muscles. W
I am mark barton. As London Fashion week begins we will tell you how much the industry breaks for britain. We will tell you about londons next generation. Crunch talks in brussels over greeces proposal to extend its european loan row graham. Faxed yesterday the greek loan program. Yesterday the great Prime Minister said he has a positive conversation with Angela Merkel hours after her finance minister dismissed the loan extension request. The german rejection prompted an angry rejection from greeces deputy pm. We must realize at this moment it appears there are powers that would like greece on its knees so they can impose their will, and i believe we can all think of what helps our country and what helps these powers. Lets get the latest from brussels. Hans nichols is there. Are the germans prepared to negotiate or not . They apparently are leaving the door open to negotiations. I am going to give you for data points. Two of them are negative in terms of a deal. Two of them are positiv
We are just getting some breaking news from president obama. He is giving a News Conference in manila right now. Lets listen in. He is talking about sanctions in russia. Relief operations, i will give you a perfect example. Sprey aircraft, a significant upgrade in capabilities in caves in terms of reaching out to remote areas. About thealking missing malaysia and aircraft, the president listening to what is being said in manila. He has been talking about the situation visavis russia. Pfizer has confirmed a possible offer for astrazeneca. With more on that story, manus cranny and sam from bloomberg industries. Lets start with you, sam. What do we know at this point and what dont we know . We know that pfizer made an approach in january. On the 16th of april, they came back again. As you and i were talking last week after the Novartis Glaxosmithkline deal, that might have tweaked their interest again. There are many other regions where pfizer would be interested in an astrazeneca. That i
Low for a considerable amount of time in the united states. Could they be pushing back the timing for Interest Rate increases . That has been helping with advertising in the u. S. We have seen earnings on the upside, continuing. The s p 500 just off a record high. Ansumer confidence jumped to sevenyear high in the united states. Generally, there is a positive feel out there. Helping stocks in europe, helping u. S. Treasuries. We have seen bonds continue to see a downward trend in yields. 2. 29 is where it is at. Still no hint of a rate rise in the u. S. We are seeing appetite for italy and spain this morning. Of course, this appetite for risk coming back. We are seeing germany sell off a little bit. I want to get into some of the big movers here in europe. Key foldsecting some on the back of a couple of earnings. Deutsche bank posted a thirdquarter loss. , we wereovisions talking about it with ubs. Deutsche bank too having to cover the cost of litigation. Did they manipulate Foreign Ex