Chancellor George Osborne is out his plan for remaining in the eu. How are they look at . How are we looking . Let me show you. This is the bloomberg, and it shows you the fair value calculations on wei. The stocks are down by 1. 1 . Interestingly, the london market looks like it will open better than most, only down by. 9 . We are going to talk a lot about the dax. We are going to talk a lot about oil let me make that absolutely clear. We will come back to this, and what is happening in brazil. In the meantime, lets update you on what you need to know with the bloomberg first world ms. First world news. Reporter brazilian lawmakers have voted to impeach president dilma rousseff. The opposition achieved the 2 3 majority it needed to move the process on to the senate. There, a simple majority would see rousseff suspended as she faces an impeachment trial. Hisge osborne will ramp up campaign to keep britain in the European Union today. The chancellor will highlight a treasury report that
Welcome to the program, everybody. This is countdown live from bloomberg headquarters here in london. It is 6 00 here in london. Let us bring you up to speed. We have data out of china, just to tell you that it has not moved the market all that much. We saw a bit of a bounce in the shenzhen composite, the shanghai not moving that far. Estimates,line with industrials up. That is the macro picture. Keep an eye on a micro level, if you like. It is not very micro, but what could be the biggest brewing deal in history. I have a chart here on the sab miller share price, what a wild ride it has been on during the summer. We saw talk of the potential deal them. Inbev has a deadline to move the number of times. The latest is today, and we have had news over the last 24 hours suggesting that they might get closer to that perhaps removing the regulatory hurdles on the u. S. Business. We will have more from Ryan Chilcote through the program. We are getting numbers from carlsberg. We are of course
Showdown between political allies. It would be one of the largest tickers of all time. Pfizer and allergan are in preliminary discussions about getting together. Our first look at Third Quarter gdp, coming in at 1. 5, slightly lower than estimated as yesterday is in the red first up, a lot of action during last nights republican president ial debate. The candidates discussed numerous topics, the economy, taxes, the fed and entitlement reform. One of the biggest moments involved former governor jeb bush and senator marco rubio. Marco, when you signed up for this, this was a sixyear term. You should be showing up to work. Literally, what is it like a french workweek and you get three days where you have to show up. You can campaign. Just resign and let someone else take the job. There are a lot of People Living paycheck to paycheck looking for a senator that would fight him each and every day. I dont remember you complaining about john mccains vote record. Someone has convinced you that
That worse . Stay tuned. That is what we are watching today here on the move. European markets have opened lower. Stoxxeins for the euro 50, the ftse, the dax and the cac 40. Lets check in with manus at the touchscreen. We are going to see a little bit of a drop. Losingflicking around, about an eighth of a value. Where weh more about are in terms of reports. Carlsberg cutting their outlook. Heineken, things are going well. It is about the bank of england, the Federal Reserve. Go into the u. K. And have a look. Diageo coming lower on the first trade. Glencore does it again. Overall numbers beat real. Glencore came out this morning. , 2. 01 billion. The super cycle of commodities is not over. Where we are with rio and balaton. Iron ore will not peak in terms of supply and 2017. We had a great interview with holgate. His view, Ivan Glasenberg is the only man who knows what is happening in the mining industry. That is perhaps disingenuous to other ceos. Are doing whatey the market wants, g
I am an edwards. Edwards. We will show you the worlds most expensive cigar. Story. Et back to our top the bank of england will publish the minutes from its latest policy meeting later this hour. Investors will be searching for any hint of dissent among the members of the Monetary Policy o committee. I think there is every possibility you could get dissent. Conversations we have had todays conversations, the bank of montreal would say carney has done a fairly good job. It might leave them a little bit of room. What about the inflation data yesterday . We are dealing with a retrospective. My gosh, we are not sure whether wages will rise. Underestimated the amount of slack in the economy. It is really, really difficult. Declining, inflation is declining, wages are not rising. A lot of elements which are going to give the dogs the upper hand in the vote. They thought they could be the dissenters. 5050. The timing of all of this is interesting because these minutes predate the inflation num