Is this ok . Francine its fancy. Its perfect. Tom we have eight things to talk about at the start of the show. You mentioned the e. U. In your opening. Were oblivious to this. This turkey my deprant discussion, im sorry, for all of europe, its the only topic this weekend. Francine it is, because it goes really to the heart of what europe is. As soon as that gets into question, the eurozone can close. Tom well, there we go. We got so much to talk about today, jobs take. Francine lets get to the bloomberg first review. Thanks, francine. Donald trump was on the defensive during last nights republican president ial debate. Hours after 201 nominee mitt romney called him a phoney and a fraud, the current proper candidates took their shots. Heres marco rubio. Senator rubio theres no doubt approximate that. These also say 2 3 of the people that cast the vote have voted against you. They do not want you to be our nominee. And the reason why is because we are not going to turf over the conservat
Surprises. Thats how we started with jpmorgan. Premarket, futures, where are we . Points. Res now up 99 the big story in the last 20 minutes, a bit from jpmorgan, and upside surprise. That upside surprises what takes is higher come up by 2. 73 in the premarket. Couple of fx to a pairs for you. Some dollar strengthened the g 10 today. 13 . At wti, the output freeze meeting in the rumor mill and the rumor mill is in full swing. Crime organized profiteers have raided the offices of the Panama Papers law firm. The rainfall is the leak of millions of documents on tax havens set up for wealthy international clients. The attorney general searched other subsidiaries of the firm in panama and the firm has denied any wrongdoing. Some 3500 candidates mine for he 250 parliamentary seats assad said he and his wife cast their votes in the Assad Library in damascus. Vice president is drawing up plans to form a Transitional Government in brazil as dilma allegationsrpens that he is the leader of a coup
In line with the estimate of 35. 7 billion. The board is affirming all 2016 guidance. The incredible thing is north american operating margin 12. 9 . Global margin 9. 8 . Those are records for ford. They may be records in the Auto Industry in general. I am going to look through this. There is so much stock news. Jon it is very much risk off. Lets get you up to speed on what is happening in global markets. Futures in the u. S. , negative. Negative 16 on the s p. The nikkei to 25 deep in the red. The boj does nothing. Here is what happened to dollaryen. Hyeading much lower. Down as much as three percentage point. I can tell you where it is on my screen. Dollaryen at 108. 05. Lets cross over to matt miller. Matt we are getting more earnings out. A slew2 of companies. 181 of the s p 500 companies are coming out this week. Conoco phillips with an adjusted loss of 95 cents per share. I want to also point out viacom has come o ut. Viacom is looking like 76 cents for an adjusted eps. We were l
There is nothing wrong with them. David co and they have the capacity to borrow. Vonnie yes, and lets make it clear. They are the third to have cut this. Jonathan this as brent climbs to be fourmonth high. Lets check in on the markets. Futures are positive ahead of the open. The ftse up around two points, there is a story on the luxury goods in there. If you switch up the board quickly, the dollaryen, a sevenday losing streak. Can we break that . Up. 5 inflation as a 15 month high. And april it skews the number a little bit. We will get to that. There it is on the screen. 7 and brent crude making a fourmonth high. We have lots of news to get to. Lets get to david with the first word news. Both menosecutors say involved in the brussels bombings were involved in renting apartment. 16 victims died in the attack 16d suicide bombers killed others at the airport. Forces in syria are working on the strategic Hilltop Village. The area has been held by groups opposed to the government since 201
Manus i am manus cranny. Anna anna edwards. Just past 6 00 here in london. Let us get straight to the correlation between oil. We talked about it many times, reaching new levels we have not seen since 2013. Manus just in the morning, 120day relationship between the stocks and wti. And this all comes on the back of russia, starting to get ready for potentially agreeing, as we take the road to go. This morning overall, you think about the real drivers in the fed, but is it oil price . with plenty of rhetoric from the russian side surrounding what can be achieved, even if we do not have the cooperation of the iranians, just to keep track of the price right now, that is something that drove the price higher yesterday. Cents, reporting an agreement between the russians and saudis, it could be done. And we have this other commentary from the kremlin press secretary, and the saudis building something. What exactly do we do not know yet. Manus depends on what we get. As far as the market, up 3