A very warm welcome to bloomberg daybreak europe. It is our flagship morning show in london. Im manus cranny. We have a great show for you today. We have a couple very interesting conversations and these gentlemen will join us. At 6 30, we speak to the ceo of allied irish bank about the companys ipo, which seems to have gone so far, so well. And then we will be speaking to colum eastwood, getting his reaction to the deal done between the tories and the d. U. P. Welcome to daybreak and the markets. It comes to talking about bullishness, have a look at this. Chart number 461, just closing in the green. But there is an uneasiness in the market. The citigroup sentiment indicator. When it is in the bearishness, it is in the red. This indicator shows the growing divorce between bearishness and where the s p is. That gap is widening. Being in the s p is not the most crowded trade in the world. The net long valuations are pretty close to neutral. They raised their cash allocation. Those are th
Bestselling has e selling has ebbed somewhat. David we get the advanced goods trade balance for the month of may. At nine 30, ecb president mario draghi, bank of England Governor Mark carney and bank of japan and the bank of Canada Governor will speak at the ecbs forum over in portugal. At 10 00, it is u. S. Pending home sale numbers for the last weeklynd we will get crude inventories data after oil has come off with its most consistent gains in almost a month. Jonathan that is the lineup for the rest of the day. The lineup for the next 10 minutes, if you want political theater, you will want this. The house of commons where Prime Minister theresa may will be taking questions for the First Time Since the general election, pitting her against the labor leader in the opposition, Jeremy Corbyn. T is may versus corbyn you can watch that on your bloomberg terminal. That will begin shortly. Over in the United Kingdom, the story in the world of Central Banks is the fed taking notice of rising
Welcome to Worldwide Exchange on cnbc. Im sara eisen im mike santoli in for wilfred frost. And the rest of the week. Happy to have you. Until the end of the quarter. Especially with this market move yesterday a lot going on. So lets check on Global Markets. After we did see a selloff s p closed lower by 0. 8 , the worst day since midmay for stocks certainly the s p and the dow. Futures looking positive there the nasdaq still under pressure which is the concern for the overall market now those tech stocks weighing down. We have a quick early indication of the socalled f. A. N. G. Stocks which have been driving the markets. Facebook, amazon, netflix and google or alphabet alphabet is the only one higher in the premarket otherwise seeing some declines for amazon, netflix, facebook. The winners yesterday got crushed. The broadcoms of the world down 3 a lot of Semiconductor Stocks alphabet was one of the f. A. N. G. That was down the most because of the negative news out of the eu in genera
Good morning, everyone. This is bloomberg surveillance. This hour, we are joined by the global head of strategy at martins family Morgan Stanley. We also talked to the current coo and soontobe ceo of the bank of morreale. In the meantime, we have a little bit of breaking news. Pmi out of the eurozone. This is exactly what we are getting. We are looking for a little bit of euro reaction. Pmi falling to 55. 4. And little bit better than expected. Not as strong as the month before, but they have been revised upward at 54. We were expecting 53. 7 figure. These other markets over all. We are seeing a little bit of a risk reversal. This after the u. N. Is set to meet on the north korea threat. What it means for the markets is yesterday there was clear demand, but today not really phasing the yen. Gold is down a touch or pretty much flat. Stocks seeing small gains, gaining 0. 1 . We will have plenty more on the markets but lets get to the first word news. Bank of england policymaker says u. K
Later well be live in davos where for the first time in the history of the event a chinese president will attend. Well be getting the inside track on what this tells us about chinas Global Business ambitions. And its being reported that flying cars could be about to take off for real. Today we want to know what sci Fi Technology you would like to see becoming a reality . Let us know. Just use the hashtag bbcbizlive. Good to have you with us. A warm welcome. Theresa may will today deliver a highly anticipated speech on the uks future outside the European Union. That will be in just a few hours. The speech will focus on Global Britain and how the uk can be an outward facing nation as it seeks new post Brexit Relations with its trading partners. Reports over the weekend suggest the british Prime Minister will use todays speech to signal the uk will pull out of the eu Single Market, although Downing Street described this as speculation. It was all over the papers on the weekend, various le