Euro economy needs. We will hear from the fed chair janet yellen today. Welcome to bloomberg daybreak our flagship morning show right here in london. In a half hour time we will be , renato luliaceo jacob. T is another deal this time a 4ll explore options for billion drugmaker. Have alvin gentry alvogen , along with under other owners exploring options. The deal size could beat 4 billion. Aplenty. Als alvogenot unilever and on the pharma could pharmaceutical side. The u. S. Is wargaming four or five scenarios dealing with north korea. A clear message came through. We are not, and have not, declared war. Youhe bottom of your screen see a drop in value. The yuane falls as falls, they are holding back. , we areh korean won coming back. The white house has said we have not declared war on north korea. You have a cabinet response versus the trump rhetoric. The market is saying we are not running away on the runaway train of war in the markets. It is reflected in the risk rate of stocks. A l
Im looking at the downside of the euro when it comes to sterling, down by 2 . The tech selling down by. 2 . David it is time for the morning brief. Will, Emmanuel Macron deliver a speech. He will propose reforms to the eurozone. This afternoon, janet yellen will deliver remarks at the in abe meeting in cleveland. At 1 45, President Trump will hold a joint News Conference with Mariano Rivera at the white house rose garden. We expectl, those after 4 15 this afternoon people later, trump will be traveling to new york. There will be a part of this rollout of a tax reform package. Running us with more is marty schenker. Program. Ack to the i want to start with marty. The president has put his priority, texas. We have three tweets. They are about the nfl, the nfl in the nfl. How does that fit together . Marty it fits together with the message that trump wants to project to his base. He is going on the stump. We have north korea threatening war. We have an entire travel ban that is in place.
Im wilfred frost. Im Kayla Tausche in for sara eisen. Good morning thanks for allowing me to come back. Youve been keeping it warm sense both of since both of us n out. Just one day futures pointing lower this morning. Well come to International Markets in a moment. A triple digit decline for the dow. Down about 100 points. Nasdaq down 27 s p down 10. Late last week, we had that pull back and a bit of a selloff. Early this week had seen a bit of red, but muted declines, 0. 2 yesterday we saw energy as the worst performer. Oil was slipping ge selling down. It was down over 5 . It was energy, the big decliner yesterday. Thats because oil prices slipped 2 theyre slipping again today commodities is a big part of the risk off move weve seen both yesterday and today in asian and european trade oil off nearly a percent 55. 2 for wti tenyear treasury note, yields have slipped significantly globally yields have been slipping and pulling down u. S. Yields the last day or two the u. S. Yields mov
National Regional Parliament needs to approve a trade deal with singapore. Will it make brexit harder or easier . Easyjet firstquarter numbers , worse than expected. Is this as bad as it gets . This is the question we will put to the ceo, Carolyn Mccall. She joins us at 8 30. Matt less than a half hour away from the open. Take a look at where futures are pointing for European Equity indexes. We have a next trade, but almost no movement on futures. It almost feels like we have crested and are just hanging at the top. Global stocks yesterday rose to a record high on the promise of more spending out of china to boost global infrastructure. We saw at one point s p rising to its highest level. We saw at one point asian stocks, the nikkei touching 20,000. Things are coming off from their, but still relatively high levels, and we see futures hanging right now in the air. Take a look at the bund trade. Let me zoom in so you can get a sense of whats happened just in the past 10 minutes. Investo
A legal case for failing to crack down on fiat over the emissions scandal sending shares in the carmaker lower. Ubisoft shares sink as the french video gamemaker trims its midterms sales guidance, despite playing down its reliance on new launches, saying it can boost profitability from older games. Good morning, everyone. Lets kick things off with our top story. President trump asked former fbi director james comey in february to end the agencys investigation into former National Security adviser Michael Flynn, thats according to a report by the New York Times. Nbc news has confirmed that comey wrote a twotaj mpage mem detailing the conversation immediately following the meeting. The white house denies the version of events saying the president never asked mr. Comey or anyone else to end any investigation. Nbcs blayne alexander has the story from the white house. Reporter tonight more damage control for the white house, now denying new reports that President Trump urged former fbi dire