Traded deal with india and japan. Asian stocks slip ahead of saturdays meeting with xi jinping. Americas biggest banks have promised to boost payouts after all 18 aced the fed stress test. Deutsche bank had a surprise pass. Switzerland is set to block trading of its shares in the eu after treaty talks with russells failed with brussels failed. Matt good morning. I want to draw your attention to something that is market related but not a driving force. Still, i think an incredibly interesting move. This is just a threeday chart of bitcoin. We started at 11,000, went up to 14,000, then back down to 10,000. Just massive moves. Gratzrd from michael nola that he had wished he sold more on wednesday. His comments could be one of the things that weight on bitcoin in yesterdays session. Incredible to see a 30 moved in the price of bitcoin. We see a mixed picture if we look at european futures just about 30 minutes away from the start of trading. Dax futures are gaining right now. You will see
Good afternoon if you are watching in asia. There is a risk on mood in markets and looking at the stocks europe 600 gaining. 2 . Treasury gold and yen extending some losses. Eurodollar 113. 69. The u. S. 10 year yield with a bold call from Goldman Sachs. A lot more to say about the 10 year yield talking about centralbank dovishness around the world and some of the Economic Data coming out the next couple of weeks. Also up, we speak to david from Harris Associates, the chief Investment Officer for international equities. We will talk about commodity stocks. That conversation in around an hour but first, lets get the bloomberg first word news in new york city with Viviana Hurtado. Goldman sachs joining j. P. Morgan in slashing forecasts for u. S. Yields. The lender now sees the 10 year years and the carried that is down from the two point a projection as recently as last sunday. The new figures price index that patient of the prolonged trade war and a dovish shift by key Central Banks. T
the prime minister meets retailers and farmers to work out how to boost production and lower prices. we are live in the newly crowned world surfing reserve of north devon, but elements of surfing are not as wild and natural as you might think. we have been investigating. is it the end of the line for leicester? after defeat to liverpool the former premier league champions look destined for the championship with just two games remaining to save their season. and good morning, quite a cool, fresh start to the day to day but plenty of sunshine in the forecast. still a few showers in scotland, northern ireland, northern and eastern england. all of the details here. it s tuesday the 15th may. a british businessman, whose foreign companies were at the centre of an international money laundering investigation, has been revealed as a major donor to the conservative party, by the bbc. javad marandi has donated more than £750,000 pounds to the party. he isn t subject to criminal actio
During the week on average is. They are still hanging on to the. On to that. Mario draghi talked about more stimulus to do what is necessary in the ecb to promote inflation rapidly, in the words of draghi. Performer, the best i mean, the dow was the best performer of the three. Specifically, we saw a nike and united health. Ite was bouncing back and would potentially be pulling back from the exposure of the Affordable Care act. United health care saw shares dropped sharply. They saw this as a buying opportunity and nike announcing 2for1 stock split in a buyback authorization. These are hoping to get the dow higher today. Earlier today, this crossed over into a very early gain and now it is in a very small decline. We will see how that goes into the closing bell today. Betty you are seeing a retailers higher on earnings . Yes, but today, it seems as though the glass is more half full than half empty. If you like at some of these retailers and where they are trading today, there they are
It comes to the path of future rate hikes. The top story is abn amros shares rose over 3 . Bailed out by the dutch government at the height of the financial crisis. It has returned from a to grade, betty. Betty it has. On the macro front, though, we were just talking about the ecb president mario draghi. It sounds like we are on for his stimulus in two weeks . July 2012, he said the ecb will do what is necessary to reach its inflation goal as quickly as possible. What is necessary, or whatever it takes that is what we said in 2012. 1 is a fast rise from just under 2 . He said that that its doing its best to prepare markets, internationally, for u. S. Rate increase. Mario draghi is essentially telegraphing that the ecb is prepared to add more stimulus in two weeks. Betty lets check in, lets get that for a moment. We will be talking to mario about this. In on our bloomberg first word news. Courtney has more. Mali. Ey the latest from there are no more hostages in the hotel standoff. Gunma