This is Bloomberg Markets european close with guy johnson and alix steel. Guy at a headline level the index is not moving very much. The stoxx 600 catching a little bit of a bid. 441 is where we are tracking right now. Single stocks there is plenty of action. Ongoing problems with a range of issues right now. Many related to its original acquisition. It has issues with trains on the new elizabeth line in london. Ongoing issues in a number of places. We have management saying maybe we need to sell some assets and that is what seems to be knocking the stock. The outlook not looking that favorable. How they stabilize the ship. Puma is down 10 and ripping into stocks like adidas. They are going into a blackout at puma they had a call last night. They had a call where theyre not painting as favorable out of picture. The stock has reacted very strongly to that. It has been whipping around. Coming into the close that stock down 10 . Puma is how you would say it. Alix we do. I dont know why we
The only thing that stops the bond selloff is a stock crash. We weigh those options. Could it be oil . Crude falls below 50 day average. We have jobless claims coming out friday. From new york, and alix steel with my cohost in london, guy johnson. Welcome to Bloomberg Markets i appreciate the front in yield is coming down a little bit but we are sticky with the volatility weve seen. Guy absolutely maybe a little pause but we do not know where we go from here. We need to understand why we have seen what we see. Why yields higher . Is it because of inflation . They are all sellers that buy. And maybe there is more supply. That is the question, the deficit question, is it because of the fact that foreign buyers are not taking up as much . You can go on and on. I asked why yields go higher and nobody has a clear answer. So to figure out what brings this maybe we need to figure out what is taking them higher. Alix didnt you make a comment on my question when you were in lisbon, when i talke
GBP/USD Analysis Today 30/5: Profit-Taking Pressure (Chart) dailyforex.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailyforex.com Daily Mail and Mail on Sunday newspapers.
The dollar made a steady
start to the week, as investors were focused on U.S., European
and Japanese inflation data to guide the global interest rate
outlook. Foreign exchange trade has. -May 26, 2024 at 09:23 pm EDT
- MarketScreener
Dollar Firm Ahead of Global Inflation Data usnews.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from usnews.com Daily Mail and Mail on Sunday newspapers.