Anna welcome to the program. This is bloomberg daybreak europe. Manus is in dubai. A new headline, we will alert you to that before we jump into the markets. The Weinstein Company has filed for bankruptcy after sale collapses. Lets move to what has been happening in the asian equity session. Futures up by. 8 , the dollar index down by. 3 . Were in limbo waiting for jay powell to speak. He spaced tomorrow and on thursday. Euro, and pound moving stronger against the retreat in the dollar. As to question jay powell, we get our first real market introduction to him in this current role. What we have said about wages, asset prices, and where janet yellen has taken the fed. Manus yeah. And on that whole concept, what will you get for mr. Powell . Most say markets will simply yawn, but have a look at this. The bond market may not yawn. A stronger yen is helping the bond market this morning. This is too bearish, too far. Bond yields have risen 22 times, to 2. 94 . They are at a record high. Th
Extremely high. Officials noticed that the. Officials notice that you should not miss the late yesterday. Lauren u. N. Security council told an emergency meeting after north koreas latest missile launch. North korea test fired a Ballistic Missile over the weekend. While japans Prime Minister was visiting the United States. The north Korean Television released this video now just a few hours ago. The missile is believed leftparen 300 miles before going down in International Waters and Senate Minority leader Chuck Schumer on face the nation weighed in on the issue. North korea has shown itself to be a nurse and sublimation in every way and im sure they testing President Trump here i was glad he issued the statement with the Prime Minister of japan, but he also had to do it quickly was south korea beat south korea is looking more susceptible to fear than in any other country. Last year alone north korea connected 24 missile launches and to nuclear tests. President donald trump blow post J
Im adam edwards. Anna edwards. Manus lets kick it off with Credit Agricole in france. Euros, belowlion the estimate of 315 million. The focus is on the french Ranch Network and the focus on mortgages and how much theyve mortgage by french customers refinancing their mortgages. This is a bank that we focus on greekre market after the crisis. The ceo is expanding areas such as Asset Management and record low interest banks have been taking their toll. Downmonth they had a right of the french bRanch Network after a massive mortgage refinance. Consumer swapping their mortgages. The headline coming through on the fund manager majorityowned by Credit Agricole. They will reduce their state to 70 . And they have plans for Capital Increase in march or april of next year. Talk about the dutch lender 70 owned by the government. . 84 and a total dividend for the year, they are happy with that. A capital ratio of 17 at the end of december. Think back to what Deutsche Bank and Credit Suisse are tell
Heavy hitters from both sides of the isle are huddling with the president to talk trade and ttp, Ohio Governor john kasich, mike bloomberg, can they help the lameduck president get it done when both Hillary Clinton and trump hate it. The hottest gadget in america has been on sale for seven hours. These are our cameras, trained on what were very long lines, they have completely thinned out for the iphone 7, what does that mean . On wall street bank stocks down. Dow jones industrial down 96 poingts, a positive finish to the week might be in jeopardy, we will find out in 59 minutes because thats when the closing bell rings. We will start the count down. Liz breaking news this hour. We need to look at wells fargo stock, it is falling about 2 . The pressure is ramping up on both the company and ceo at this hour. The stock is down in part very much because ceo john has to pull out the bag and hit to washington, d. C. Two congressional probes, john has to appear before the Senate Banking comm
Keep lamont scott. We will get response. The president obama addresses the global migrant crisis in its final speech to the United Nations. It is part of the first ever summit for refugees and migrants. Pres. Obama i called this summit because this is one of the most urgent tests of our times, our capacity for collective action. It tests first and foremost our ability to end conflicts because so many of the worlds refugees come from just three countries ravaged by war syria, afghanistan, and somalia. Amy we will get an update on the refugee crisis from Mohammed Badran and Manfred Lindenbaum. With oxfamo speak president raymond offenheiser, then the u. S. Objected to language of the original draft of the refugee summit revolution resolution that said children should never be detained. We will get response from a teenager held for more than a year at the Berks County Residential Center, and immigrant family jail, in pennsylvania. Of us here, for all the children and the mothers, this is