Restrictions, giving us clues as to how consumers may react durables down 14 june wti holding at 17 as energy is the only positive sector for the week a lot of discussion about 2,800, are we range bound where is the ceiling now markets giving all kinds of important clues. A lot of analysts, we follow them for a long time they wait and wait until theres a moment where they can go negative theres enough companies that have done well, i have every piece of research in front of me i dont have an upgrade. I have downgrade, downgrade, downgrade. Because the stocks have run, it gives these analysts a chance to say, uh, im so lucky. It went from 29,000 down to 18 it bounced back, and now i can get off and not look bad and thats the whole tone of this morning i find it curious. I think that in general the companies have done a pretty good job just they like to pull their forecast because who the heck knows. If dr. Gottlieb doesnt know what will happen, why should he expect these guys to know wh
Surveillance. Thee a lot going on in markets. After this attack on an iranian tanker, you can see crude oil gaining 2 . Is at 64. 53. Gaining andrently the pound is at 1. 2 460. We are also getting headlines outlook iea cutting its as the economy eclipses the saudi attack. They are pointing to a little bit of Downside Risk in the worldwide economy, saying that will impact demand. Lets get straight to the bloomberg first word news in new york city. Quote very well. Thats how the first day of trade talks went according to donald trump. Today, he plans to meet beijings top negotiator. These are the first highlevel talks since july. But sides are working to end the 18 month long trade war. Besides appear willing to agree to a partial deal and would leave controversial issues for the future. And two associates of the president s personal lawyer are accused of violating Campaign Finance laws as part of a plan to oust the u. S. Ambassador. This scheme is part of the u. S. House impeachment in
good morning, good afternoon. welcome to bloomberg surveillance. i am francine lacqua. credit suisse reports earnings. interviewedere i the outgoing chief executive. breaking news the international agency. global demand dropped. demand, where they see the tide going. saying moment they are they will see a demand being hit because of the coronavirus. these are what your markets are doing. a bit of readjustment after the method changed. stocks falling. this is what i am looking at, stocks are falling because china deployed this devised methodology. there is a clear risk-off looking at companies such as barclays and credit suisse. the your trading the lowest since 2017. there is economic activity data showing the region is slowing. you ourp, we will bring exclusive interview with jes staley. we will bring you our interviews with chief executives of airbus. let s get to the bloomberg first word news in new york city. viviana: we begin in china, coronavirus cases jumping nearly
nejra: welcome to bloomberg daybreak: europe. we get straight to a redhead line crossing the bloomberg. exit accepted the resignation of tidjane thiam. will the covering that battle later on. they are appointing thomas as ceo. top as thethe program has been moving forward. , unanimously accepting the resignation. we are seeing red on the screen seeing red on the screen. pullback. 10 year yields are flipping as well. yield is on a 1.6 to handle. markets are out with a note saying the bid for the yen is not as strong as previously. yield, at the 10 year ken griffin is calling out the markets, saying the risk is grossly underpriced. we are filing deeper. an additional 41 coronavirus cases on a quarantine cruise ship. beijing has ramped up efforts to contain the virus that has claimed over 630 lives in the country. we spoke lucidly to china s ambassador to the eu. epidemic will affect the economy in china and the world. the effects will be limited and short-term. nejra: joi
Fear. Good morning. This is bloomberg surveillance funds. Ill talk hedge we will also talk markets. Check, the dollar is extending its rally. Of optimism over the health of the u. S. Economy. Also optimism on the tax cut plan President Trump put in place. Stocks are a little bit mixed. There is not much change. Pretty much flat. Investors are trying to assess the implications of the tax proposals. Your at a in europe disadvantage. We will get deeper into that. Ere is nejra cehic they are looking to capitalize on a boost in his approval ratings. Therenk of englands should be good news for the u. K. Haldane said he is among the majority of dealmakers. A reduction may be warranted. Uks Civil Aviation authorities have launched action for specifically misleading passengers about information about their rights following a wave of cancellations. It is part of a consultation that will last seven days and could take legal action if necessary. Mark zuckerberg has defended his company after donal