Also for the white house who did issue a very good session into the u. S. And asia. A similar theme in europe, strong open for stoxx 600, opening up 0. 4 stronger lets take a look at individual bourses. The picture is very positive this morning ftse 100 up almost 0. 2 . Xetra dax, cac starting the day off on strong footing. In europe we get the flash cpi at 10 00 in the morning. Thats expected to dip from1. 5 to 1. 4 . The picture is positive. You can see every single sector is in the green. Its a tremendous start to the day. Autos leading the charge thats surprising given the auto numbers in the uk were quite weak overall that sector has been in the news the past couple of days a lot of an cysts are rerating some of the key chips in that sector to buy. It looks like the outlook for autos is positive. Healthcare is also up 0. 7 the laggard this morning i telecoms, struggling to keep pace with the other sectors. And retail continues to lag a bit. Of course we did have those super weak e
Two years. And signing on to the dotted line airbus, pnb paribas edge closer to finalizing deals in china as president macrons trade Mission Begins to bear fruit good morning lets look at some of the Market Action in europe, a lot more green on the board than red the stoxx 600 is up almost a third of a percent significant gains there in a number of different businesses lets look first at the specific markets across the continent the ftse, xetra dax, cac and ftse mib in positive territory the ftse up a third of a percent. The cac up 0. 4 . And the ftse mib up a half percent. The xetra dax slightly further fwrak i back from its peers. Real estate is the only one not in the green so far. Good numbers for basic resources as well as construction. That could be on the back of strong housing Numbers Technology also doing well, as well as industrials. Lets talk about some specific news driving action in asia, where north and south korea just finished their first set of sitdown talks in more th
Home builder shares slide as Taylor Wimpey expects 2017 results to be in line with expectations some of the worlds biggest Bond Investors sound the alarm bill gross and Jeffrey Gundlach say levels on u. S. Treasury yields indicate the start of a bear market. And emmbeijing will order 14 airbus aircraft. Good morning were about an hour into the trading session. The handover from asia was mixed. Most of the indices traded softer some people say thats on the back of the rise in yields in the u. S. Maybe this is the beginning of a bond bear market and that could have implication for equities from here. The picture for europe is gloomy this morning stoxx 600 trading about 0. 2 weaker on the first hour of trading. The ftse is inching into the green. Ftse 10 0, a slew of earnings out of retailers this morning. We did have strong results out of ted baker and decent results out of sainsburys banks are up almost 1 Deutsche Bank having a very good day today. Up more than the 20. 2 travel and leis
Numbers. Bitcoin tumbles after one of the biggest cryptocurrency markets thinks about banning trading. I get in enough trouble talking about things i know about. Why should i talk about things i know nothing about. And the uae oil minister tells cnbc that opec measures are bearing fruit. Opec is committed to what they have decided when we meet in november, which to continue this deal for a full year. The market is balancing. This is what we have been saying good morning were about one hour into the trading session. Its thursday. As you can see, the picture bemib behind me is not looking that positive the split between red and green for europe for the first day in six days, u. S. Equities came off their highs. The opening picture for europe is pointing to slightly weaker start to the day just below that flat line. Lets get into some of the individual markets uk has a very big earnings day as far as retailers. Tesco came out, house of frazier. Whale get into tho well get into those stori
Fullyear guidance and blames restructuring costs. And Fiat Chrysler shares rally as the Company Promises company bonuses on the back of u. S. Tax reform and unveils a billion dollar investment in michigan now, on to one of our top stories, german lawmakers reached a break through in negotiations to form a Coalition Government according to reports. This allows them to move on to formal Coalition Talks a coalition paper says the cdu and spd want to strengthen the eurozone by partnering with france it says germany is prepared to boost contribution to the eu budget and germanys domestic budget will be balanced without new debt weve seen quite the reaction in euro dollar. We had a bounce in the currency pair following on from the hawkish ecb minutes. You can see again euro dollar is having a strong day today, up 0. 7 in trading. Breaking through the 1. 21 mark for the first time in a couple of years now, lets get out to annette in frankfurt. What can you tell us about the socalled break thr