Stocks. Bigger, not always better. The ceo tells cnbc hes not interested in chasing scale. When youre living in a changing world, the species that survives is not the biggest. They are the fastest and i believe our role as havas as a global company, we need to lead the way of the change of how we can be more nimble. Welcome to the show and happy friday to you. Its oil catching the attention of investors. Crude oil just turned into negative territory after yesterdays 10 leap. That was the biggest oneday rally since march of 2009. This thanks to a bounce back in Global Equities and a strong u. S. Growth print. In the u. S. The Energy Sector had the best day since november 2011 gaining over 5 . Leading the way was Console Energy up almost 14 . Transocean higher by 11. 5 . The sector close to getting out of correction territory. The major Energy Stocks across the europe getting a boost in todays trade. Tullow oil up over 7 . Bp also trading in positive territory. Now another gainer in toda
As how we trade. The dollar, flatter on the day. Less than 82 basis points. This is what the banks will hate. The vix under 10. A tough quarter for them. The morningfor brief. We are going to get weekly u. S. U. S. Priceims and index data. Trump is set to sign an order he says will promote Health Care Choice and competition. At 1 00, the u. S. Treasury will auction 12 billion in 30 year bonds. Emma little progress has been made in talks with the uks with the u. K. Much is deadlock over how the u. K. Will pay for the right to leave. Davis is urging leaders to take a step forward and move talks to trade. The death toll is rising from the wildfires devastating california. At least 23 people are dead. 180 are injured. Hundreds are reported missing. The fire has destroyed at least 3500 homes and businesses. Get congress to repeal obamacare, so he is going after it himself. He will sign an executive order that the white house says will promote competition. It will likely allow people to band
Mark President Trump laying a wreath at the tomb of the unknown soldier. A tradition at the Arlington National cemetery on this memorial day holiday. U. S. Markets and u. K. Markets are closed today. We are about 30 minutes from the end of the monday session in london. Stoxx 600 down for the third consecutive day. Three days of decline. That is the losing run. You can imagine that the volumes are very low. Small declines in france. Ins get to the decline italy relative to other markets. I will come to this when i go to the bond board. These are the bond markets across europe. Rising ining yields italy. Renzierview that matteo gave, he said that the election in autumn would reduce market uncertainty, not increase it. Extraearful of any elections. There has to be an election in italy by the spring next year. We are seeing a bit of volatility today. Check out what is happening to the commodity and fx markets. Gains for oil. Just above 50. Music following opecs Production Cut extension was
Politics and economics here. To my knowledge, nobody has asked for clearing to move from a business standpoint. Francine good morning. This is bloomberg surveillance in london. E lacqua we have a lot to get to. The fomc meeting some underpinning everything we see on the market. Bunds are very important because they are getting closer to taking out that 0. 5 yield level by the day. Todays push could be coming som comments by the bank nonstandard measures. Oilnted to show you crude as well, 45. 47. Lets get straight to the first word news. Reporter the United States has warned military action might be necessary to deal with north korea. This is after the test of a Intercontinental Ballistic Missile on tuesday. The United States is prepared to use the full range of our capabilities to defend ourselves and our allies. One of our capabilities lies without considerable military force. We will use them if we must, but we prefer not to have to go in that direction. Reporter the Trump Administr
Avoid a fourday losing streak higher by more than half a percent. Energy losing. Chesapeake, range resources leading the declines and big between 4 and 6 because crude oil is sinking right now prices lower for the first time in nine sessions by a big decline look at wti. Off by more than a buck of 4 to 45. 40 tyler . Thank you welcome, everybody heres what else is happening right now. Big deal in the payment business vantik making a 10 billion offer for the uks world pay group. Jpmorgan at an early stage of considering an offer for world pay but now doesnt plan to make a move and move over intel. Samsung now on track to become the largest chipmaker by revenue. Walmart getting the green light for acquisition of the mens retailer bonabos. Beginning with developing news of north koreas new Nuclear Threat kayla in washington with the latest this hour on that Missile Launch on the fourth of july kayla . Reporter tyler, theres new developments of the u. S. Knows about the launch captain jeff