Can extend the agreement if necessary, we can increase the amounts that need to be reduced, or on the contrary, we can move to reduce them, but everything will depend on the ongoing situation. The white house defends donald trump jr. s meeting with a russian lawyer last year as a new report suggests he knew the person offering compromising information on Hillary Clinton had russian government ties. And open for business we speak to a number of frances top executives at the europlus conference as the chairman tells us brexit will be a boom for paris. We have now plenty of the elements in order to convince the uk to reach institutions which want to come back on the continent to paris well, its a mixed bag for the european open just an hour after trading starts, resulting overall in the stoxx europe 600 being down by around onefifth so far today lets have a look at how the individual european boards are opening up this morning, and we can see here that its actually well, the cac is pretty
We have a great show to kick off a big week for the markets. We will discuss what 2017 holds for u. S. Monetary policy. As italy lines up another new premier, in turkey comes to terms with the bombing istanbul, we will focus on the market and Political Risk in europe. As crude oil surges, we also speak live to the Nigerian Petroleum minister on surveillance at 9 40 u. K. Time. Lets check on the markets. This is a picture for oil, gaining 5. 1 at 54. It surged the highest in 17 months as efforts to cut production sent the 10year treasury yield above 2. 5 . Chinese equities tumbling. European shares holding to what we saw last week, pretty much flat. Lets get to the bloomberg first word news. Heres nejra cehic. Nejra president elect donald trump says hes close to naming his secretary of state, dropping hints it could be exxon mobils ceo. A person close to the transition on hasnt beenrs formally offered the job yet but is likely to be the pick. Italys prize minister designate has been hol
Live from bloombergs european headquarters. I am Francine Lacqua good we have a great lacqua. We have a great show lined up for you. The west leader economist joins us on set. That is to name a few of the guests. First of all, lets check your markets, because there is plenty going on good risk aversion swing the markets. Signs that the u. K. Markets are taking a turn. Your stoxx 600 down. The pound dropping. 20en demand we saw that year japanese government bonds, you can see it there on the screen. 0 for theng below first time ever. We also saw 10 year government yields on guilds the first time at a record low. Lets get to bloomberg first word news with their change. Nejra three of the uks largest real estate funds have frozen 9. 1 billion pounds of assets. Investments in Standard Life desha Standard Life investments have halted withdrawals because it did not they do not have enough cash to pay investors. Theresa may has taken a clearly in the race to succeed david cameron. She won the
Engineering giant plans a 3 billion buyback. Welcome. This is the pulse. Mario draghi is speaking in the European Parliament right now. Pastid that q. E. Will run september 2016 if needed. Aredownside Economic Risks visible. His comments had driven the euro lower against the dollar, sterling and yen. The fed is, as expected to hike rates, widmark the First Time Since 1994 there was Monetary Policy diversions between europe and the u. S. Back then, janet yellen was teaching at university. Mario draghi was a senior Civil Servant in the italian finance ministry. Europes benchmark break was set by germany. That months, the fed boosted benchmark rates to 3. 5 . The Buddhist Bank cut its discount rate by half a percentage point. Cut itsundesbank discount rate by half a percentage point to it who better to discuss these issues then my guest. The founder and managing director. Richard jones is in the house, from the bloomberg first word team. We heraard from you before. You are listening to dr