Anna a warm welcome to bloomberg daybreak europe. I manus cranny. Donald trump with his First Press Conference yesterday, seven days until his inauguration and this is what he managed to interview as the ,arkets, the trump trade because of the lack of detail, we have a great quote from oscar wilde, in matters of grave importance in terms of physical, style not sincerity. Ofhas delivered a lack detail, and thats what the market has latched onto. His Donald Trump Style this is the dollar index. You can saven, but the trump mania trade has faltered. Anna show me the details is the market of the message the message of the market. How much does he cut back on globalization and what kind of fiscal stimulus, more importantly. Was that an unfair expectation . He was dominated by russia and Donald Trumps business interests, as we know. Lets show you where we are on overnight interest. The dollar index reflecting the questioning of the trump trade, more so reflected in the dollar against the yen
Manus you are welcome. This is bloomberg daybreak europe. Our flagship morning show. I am manus cranny in the city of london. Anna edwards is on her way to the Supreme Court on the article 50 rolling. This is philips which has itselfed it divested an organization. The Fourth Quarter adjusted comes in at a billion euros. In line. It is a slip below. A billion euros is what we earned in the Fourth Quarter. It will maintain a dividend of 80 Cents Per Share in line with what the market had anticipated. They still have a shrew a huge the diagnostic business what will happen with it in terms of the u. S. From once to make America Great. Will that force people to buy shares in something other than phillips. Have a conversation with the ceo very shortly. Market, there is one pervasive theme. The dollar is offered. It all comes back to last week donald trump talking in the wall street journal and overnight it treasuryews of the secretary nominee. From time to time an excessively strong dollar,
And we go through brexit, what is next. Lets check on your data and your markets. We have seen a little bit of an easing of the rout we saw on government debt. Treasuries steadying after a long slide. The kospi, south koreas benchmark rising after the president was. Removed from office. The other thing i wanted to show you which is on the data screen oil climbing from a threemonth low but remains below 50 a barrel. We will get plenty more on the markets throughout the hour, but lets get to bloomberg first word news. Nejra there has been violence south koreas president became the first democratically elected leader to be forced out of office. Icourt upheld parliaments decision to impeach her over a rolen a corruption scandal. It opens the door for park to face jail time and triggers a president ial election within 60 days. Police in germany have arrested a 36yearold man who injured seven people with an ax at duesseldorfs main train station. It happened before 9 p. M. Last night. The sus
This is bloomberg surveillance. Im Francine Lacqua in london. Another busy day. Five months on from the brexit. Chancellor were outlined measures to help workingclass families. The statement is the new governments first chance to shape fiscal policy since the decision to leave the e. U. We bring you the latest from westminster. How are the 19 economies of the euro area doing . We will bring in novembers pmi numbers. In fact, we are just getting them now. November manufacturing pmi rising a touch above forecast of 53. 7. And Services Also rising a little bit better than expected. Plus, donald trump and the fed. Sources saysam that the president elect plans to reshape the central bank filling vacancies within three m onths. 100,000 people are facing travel disruption with cancel flights after flailing to block a strike failing to block a strike on airlines. Well make sure we keep you uptodate with all the latest data. Lets get straight to first word news. Sebastian opec talks didnt resol
Oil is unfazed at the vienna meeting. Opec try to find its footing in crude. Tried to find its footing in crude. Lets check in on how the futures is settling. And little bit of cautious Risk Appetite in asia. We see the same when you look at the ftse 100 up. 4 . Overall benchmark signaling we could rise. 3 . The dax up. Some relief there but perhaps these hairline strikes have not indeed taken off. More Risk Appetite good matt, what have you got . Matt take a look at what we see in asia. , really littlee Movement Across equities. We now see a pickup at the end of the session here. The nikkei up. 5 . The hang seng in hong kong gaining as well p over in china, a gaining as well. Over in china, there gaining as well. The yen gaining strength. Not a heck of a lot of movement in currency. You can see that as the pound is almost completely unchanged. The yen at one away. 74. 108. 74. En at Merkel Angela merkel throwing support behind David Cameron and the remain camp. That doesnt seem to hav