Resigns. He takes responsibility for the companys spying. The ceo was not involved. Widening the net. President trumps allies are entangled in the impeachment inquiry area giuliani and pompeo are drawn in. And a tale of two chinas. , butnping calls for unity parading is contrasted by street protests in hong kong. Matt less than half hour from the european open. Ike a look at the bund yield have here in my screen. This is threeday trade as usual, but you see the yield continued to rise. This is the picture we see when you look across major 10 year yields. Rising as investors selloff. Does that mean we are going to see a riskoff session . We certainly saw equities rising in asia overnight. Take a look at futures in europe. We see gains here as well on every index futures. About 0. 3s up percent. Ftse futures less than the rest, only 0. 2 percent. What do you see on the gmm . Futures, thats the reason the markets are asking, can we get an encore of the last 24 hours in markets . We are wi
Francine Warren Buffett says equities are less attractive than they were but still beat bonds. And theresa may says she will lead the tories into the next election, but does anyone believe her . This is bloomberg surveillance. Certainly a packed show, packed week actually for an end of august kind of feeling. It has been quite busy in terms of news. This is what im looking at in the markets. Stocks advanced on a rosier picture for the growth outlook. We had pretty good economic figures out of america. The chinese economy seems to be holding steady. The u. S. Administration sent different signals on north korea, which means that a little bit of the nervousness has been taken off. Among all other asset classes, dollar seems to be studying. Lets get straight to the bloomberg first word news. Heres nejra cehic. Nejra Tropical Storm harvey has closed down almost a quarter of u. S. Oil refining capacity, flooding and power failures reduce americas feel making capacity by about 4. 2 Million B
This the generous officer offer we have been hearing about . What is the future for ge . We speak exclusively to one of the companys vicechairman, john wright joins us on what is next for the business and the outlook for u. S. Business under president trump. Matt . Matt we are less them one half hour away from the start of cash trading after a mixed close yesterday. We now have futures pointing down across the board. Not huge crops, but red arrows on the ftse, cac and dax futures. Nowt to talk about right has markets are concerned in the bond market as well. We see the german tenyear yielding 0. 25. A very low level as investors by a lot of protection. Guy lets figure out what is happening. Most equity markets are closed. India is open and down by. 4 . Saudiday, argentina and arabia did well. Turkey did well in terms of the currency story. The peso is up, the argentinian australian dollar. Some of the metrics we are watching this morning, ramadan. I want to make sure you are fully caff
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