We are comfortable operating resiliently through the current Interest Rate requirement. Even if the rates were to transition to a lower level, i think ing will do fine in whatever rate turns out. U. S. Feds jay powell signals whats not in the cards. It is likely the next policy move would be a hike our policy focus is what i mentioned which is how long to keep policy restrictive. Welcome to street signs. We start with novo nordisk after notching a beelat on the bottom line on the back of the 40 surge of obesity care sales. Silvia joins with us the report and reaction in the stock, silvia big reaction. Let me sum up what we heard from the Company Novo Nordisk beat expectations with the revenues for the quarter and increased guidance they are saying when it caomes t sales growth, they expect to from 19 to 27 and the operating Profit Growth expectations for the year. You expect that all sounds positive lets look at the share price performance. At the moment, we have novo nordisk shares mo
I am haidi stroudwatts. I am. The top stories this hour, elon musk making an unannounced trip to china meeting the premier and seeking to reduce the revenue decline. Bhp is said to sweeney 02 Anglo American after having its offer turned down. Bloomberg learned Elliott Management is to build a large stake in one of Warren Buffetts favorite japan trading houses. Haidi we are looking like a pretty positive set up so far, said futures up by. 3 of 4 , indicating an Early Advance of 1 will be get to the cash open. U. S. Equities getting on friday, strong earnings reports with the likes of alphabet and microsoft under relief when it comes to month inflation lifting spirits at the end of what was ultimately a choppy week. Take a look at how we are setting up when it comes to japan, nikkei futures flat at the moment. We see that yen tumbling pass levels targeted for intervention. We saw the slide gathering pace after a deb fischer boj and lots of questions as to the credibility of policymakers
Sending shares higher. Ocado shares spike as the online retailer offers a tie up to grow its ecommerce business. And socgen says it will close about 15 of its banks as the french bank looks to cut costs. Well speak to the cfo at 14 00 cet. The uks largest lenders passed stress testing with flying colors. The bank of england indicated none of the banks it tested needed to raise additional capital. Rbs and barclays who fell short last year boosted capital to a sufficient level the bank of england also said banks could withstand a disorderly brexit, but governor mark carney hoped for a transition agreement soon. The time of achieving a transition agreement, the sooner the better i wont put an end date on it. Any transition period will be valuable we signaled back in june of this year some major risks around derivatives, around insurance, around data, around other aspects of the Financial System, these crosscutting issues, we provided weve done a lot of work since then and provided conside
Well get them involved in a few moments, but we do begin with the aforementioned jeffrey gunned lach, founder and show of Doubleline Capital thanks for having us. Welcome, judge. Glad to have you here at doubleline. A big day, obviously fed day. New high yet again for the dow surprises today. The fed is going to hike, right . Of course, the fed is going to hike. The real message of 2017 i think is that this is the year that the fed won. You know, 14 short mondays ago the bond Market Pricing said, fed, you wont be able to raise three times in 2017. Actually before the election it was about a onehalf hike is what the bond market was pricing in then the market started to exit late and in late february a couple of fed governor talked about a march hike and the bond market for the first time in years changed on a dime based on fed rhetoric and ever since february the bond market said yes, we believe in three hikes or maybe 2. 75 hikes and clear lit fed is going to hike and whats doubling in
25 dragging the rest of the building sector higher. Standard charter trades higher in hong kong after pretax profit jumps 17 5 beating forecasts. Sky shares rallied to a 17year high on news that comcast entered the bidding battle the u. S. Cable giant unveiled a 22 billion pound offer this morning representing a 16 premium to the dealready on the table from 21st century fox. Because both companies create and distribute content, it is said the combined group would be stronger than if 21st century fox takes full ownership of sky. However he says he is willing to coown the company as long as he has a 51 stake. Lots of ins and out. Steve, what can you tell us . A lot of analysts have been looking at this one for a large amount of 2017 comcast is the owner of this company, as you said we want to keep reminding people of that. They need to diversify away there are great pressures on the cable industry neil campo saying the revenue and annuity stream could be of primary appeal to Brian Robert