Trumps latest trade rhetoric calms markets, but unease sets in with futures wavering in europe and america. Close to a coalition . Italys fivestar and democratic parties are near agreement on a new government with Giuseppe Conte staying on as premier. Said he would be open to talks with the u. S. But only if sanctions are lifted on his country. Matt less than a halfhour from the start of european trade. Take a look, first off, at gold holding gains. Not as high as yesterday, before the start of the g7 and biarritz. Hit 1533 per troy ounce, but holding onto what we saw the last couple of sessions. A look at the futures. Kind of a mixed trade, looking at futures that are down in terms of the ftse, about. 5 . But gaining just as much on the 50. Cac futures little changed, but ftse futures down about. 5 . What do you see on the gmm . Anna a more hopeful trade narrative, perhaps, from the g7, which we covered around exactly 24 hours ago. That filtered into the asian session, and something m
Then kenyan hotel has reopened 6 months after it was at the center of. Fighters 21 people were killed and 4 gunmen in a suicide bomber stormed the Hotel Malcolm with reports from nairobi im the d. C. T. 2 hotel in kenyas capital nairobi wants the world to know its open for business once again. It was a different picture 6 months ago gunmen from the somali Armed Group Alshabaab attacked he says he wants kenyas army to leave neighboring somalia. One of them detonated a suicide bomb i just saw Something Like that. Tracy 10 saw it all i saw like an explosion from here so i saw i dont know whether it was 142 was a leg. So she hid inside the hair salon where she worked into police came but i have feel like you want to do and i just said it was a. Risky dream to just such an emotional moment for me. But the message of the Hotel Management and politicians is defiant. This. Is. Not what we. Visit. To see the. Soldiers and Police Arrived about half an. Hour thing they swept through the buildings
Trump to not reappoint the fed chair. They are expected to meet today. Anna a warm welcome. Im anna edwards. Outlook 2017he sales, thirdonth quarter cells coming in at 13. 1 billion, roger with the 1. 4 billion the analysts had penciled in. The real question going into the numbers as to what extent can be success in newer multiple sclerosis meds offset cancer drugs . They are relying on new drugs to drive growth as the biggest medicines that have been treating cancer. We got diagnostic sales and other areas of the business being broken out here. Said it wouldy show a rise by midsingledigit percentages. Manus thats good to sap and their numbers. Revenue diet from sap, will be 23 point 4 billion to three 23. 8 billion. Lowerentally a little bit , 23 point or23. 8, the original guidance was 23 and three. New guidance for them. Sales outlook, strong business software, and what theyre trying to do is be focus come getting customers to focus come getting customers to of eight their sap. They
Obstacles for the u. S. Economy. Can anything stop the u. S. 10year hitting 3 . Plus, banking on a trump residency. How have u. S. Financials fared and what could a repeal or partial repeal of doddfrank mean for their Balance Sheets . Matt im taking a look at futures. Right after yesterday, when we saw losses across the board, we are seeing indications of a positive open. The ftse in the dax indicated to open up 0. 3 . The cac about 0. 5 . Looks like we could have a reversal of yesterdays trade. I think there are probably more exciting assets to watch than equities. Guy i think theres a few things to Pay Attention to. One is the dollar. A week week for the dollar. This morning, the swiss franc is trading higher. Kiwi is trading higher. Euro is trading higher. We are in the midsixes now. That dollars story continues to be front and center. Out oft get the news the Trump Press Conference that some had hoped for to keep that reflationary trade on the road. Then we get janet yellen. What i
Overview on what we are expecting. The main asset class that are moving. He stoxx 600 gaining 1 . Were seeing Bond Investments from saudi arabia. Stocks rallying and commodities rallying. This has to do with speculation that that the fed will remain acome tavet. Let me bring over to my bloomberg terminal. This is the picture for the terminal. Let me get rid of my messages. This is the picture for the c. P. I. Harmonize. Data comes out in half an hour. This is what mccartney will look at to see what he can or cant do in terms of cutting Interest Rates. It has an impact on our prices and the blue sideline prices. Input prices significantly rising more than inflation so far. Lets get straight to the first word news. Barclays says investors should buy european equities regardless whether the Federal Reserve raises borrowing costs in the next three months. Given the support from Central Banks from around the globe, the overall picture is very supportive of stock markets. Australias Central