Good morning, everyone im carolin roth great to have you back on the show once again. Were roughly one hour into the trading session. Lets show you how were faring. A bit of a mixed picture the xetra dax up 0. 2 . The ftse 100 up 0. 50 . The cac 40 and the ftse mib are slightly underperforming lets show you what european banks are doing this morning were seeing a rally across the board. Deutsche bank up 0. 2 . So, these banks, they have been rallying for a couple days now thats because the expectation of a steeper yield curve in europe but a couple other factors, such as shares at hsbc trading at twoyear high after Morgan Stanley upgraded the stock to overweight boosting the price target by 20 to 84 hong kong dollars londonlisted shares are trading higher this is the big story which boosted banking stocks across the world. American banks are rolling out massive dividend increases and buyback programs after the fed gave a green light to shareholder payout plans at the 34 biggest u. S. B
Corvex management having a 400 million stake in the french food company. Good morning it is tuesday. Once again, European Equity markets are heading higher that said we dont have all the equity markets open today. Volumes will be lower than usual given that there is a Public Holiday in the places like india, poland, greece. The xetra dax is what were showing. Its up by 0. 25 so were still benefiting from this return to equities, this return to risk after we are trying to forget about the risk aversion that happened last week given the events between north korea and the u. S. Lets look at the european markets one by one the ftse 100 is up by 0. 1 the cac 40 is up by 0. 2 danone is a factor well get to that story in a bit. First, lets focus in on the big news out of washington and the u. S. Yesterday intels Brian Krzanich and kevin plank are the latest ceos to step down from President Trumps ceo council. This after the president failed to single out white nationalists for violence over t
Violence in charlottesville in an erratic News Conference prompting more criticism and departures by key Business Leaders. I think theres blame on both sides. I have no doubt about it you dont have any doubt about it either. Only and if you reported it accurately, you would say it good morning its wednesday welcome to another episode of street signs. Want to kick things off with comments coming from the ecb saying that the ecbs president mario draghi will not deliver fresh policy messages at the jackson hole symposium which usually takes place the end of august in wyoming, in the u. S. He wants to hold off on that debate until the autumn. Thats according to sources familiar with the discussion once again, reuters reporting this morning that the ecb president , mario draghi, will not deliver a fresh policy steer at jackson hole. We know jackson hole is usually known forbig policy announcements, whether it comes from the fed or the ecb. A lot of people were expecting for fresh commentary
And breakup paints. A hard brexit could hit manufacturers profits i is much as 30 . We will speak to the author of that report. Matt let us take a look at futures. A half hour of a halfhour to go and we are seeing a mixed trade. Ftse futures pointing down all morning long. Up now withopening a fluid mix. 0. 2 . Tures up and you see euro stocks unchanged. I am looking at toyota motor. Just coming across with earnings. 4834. Ing profit at theymates at profit are lifting their operating 1. 7ook for the year from trillion yen. A miss on the quarter that we had but a boost in the outlook looking forward. We will see how traders deal with this when u. S. Opens. When u. S. Trading opens. Japanese trading is already closed. It will be fascinating to see what they say about the yen Going Forward from here because as we know what is happening in the autos hector is becoming increasing in the auto sector is becoming increasingly political. The euro is down 0. 3 . Which may cheer up wolfgang short
Citizens living in the u. K. Statement from the primary mr. Here. P. M. May thank you mr. Speaker. Before i turn to the European Council, i am sure the whole house will want to join me in sending our congratulations to her majesty the queen as she marks her sapphire jubilee today. It is testament to her majestys selfless devotion to the nation that she is not marketing her becoming the first monarch to rule 65 years but going on with the job she has dedicated her life. On behalf of the whole country, i am proud to offer her majesty our thanks for her longlasting service. Long may she continue to reign over us all. Informalo last weeks European Council, britain is leaving the European Union, but were not leaving europe a Global Britain that stands tall will remain a britain that stands a good ally. We show how britain will continue to play a leading role long after we have left you the e. U. Through the new an equal partnership we want to build with the e. U. First on migration. The dis