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A warm welcome to bloomberg daybreak europe. From here in the city of london, im anna edwards. Welcome to vienna. The sun was shining as they began to arrive yesterday afternoon. Duration of the november agreement, 6, 9, 12 month at 54. N, and crude the scale of the cuts, 1. 8 Million Barrels is what they had agreed the last time. Could they go for something much more significant . All take you back in time. 5 Million Barrels back in the late 1990s, and the grand coalition which is ok and nonopec. Do the heavy lifting and get on with your job. That is the message, but could they bring more nonopec members on board . They get together today to study the prospect of what a 12 month extension might mean. We will be chasing around vienna all day. Anna some critical things to talk about with regard to the oil crisis oil prices. Oil prices will supported right now, partly on the ....
A border wall with mexico. I dont think a Government Shutdown is necessary. I dont think most people want to see a Government Shutdown ourselves included airline asset. Lufthansa reportedly submits a letter of intent for airline air berlins niki unit, as the german carrier looks to expand its spanish routes good morning it is thursday, and the stoxx 600 is not doing too much. It is inching higher up by 0. 2 . Still a cautious mode here as we head into the jackson hole symposium in wyoming, and we are getting the mario draghi at 8 00 p. M. Uk time on friday we will look at european markets one by one the ftse 100 is up by 0. 25 . The big story today, dixons down by roughly 30 well get to that story. The xetra dax is flat. And the cac 40 is up by 0. 2 by in large some small moves here to the upside when it comes to the sectors, the picture is retail off by 0. 6 travel ....
Be able to lift the debt ceiling in time . And countdown to the german election. With just a month to go until the vote, what is at stake . Ae ftp tells us it is wary of coalition with chancellor merkel. Have less than a halfhour to go until the open of cash trading. Maybe well get some movement on the ftse, it closed yesterday unchanged and we see futures up. 1 of 1 . Not really any moves in futures either but more than we see on the dax and dax futures unchanged. Cac futures up what one of 1 . The market is in weight and hold mode. The last couple of days waiting to see what janet yellen does. President trump maybe spooked the market into some safe haven trades yesterday. We see them coming off today. Take a look at the bunds, you yields coming back up, still miniscule levels on the german tenyear bonds at least they yields are rising investors get out of that trade. They did the same with treasuries, the yen and gold. In the safe havens and there is not a lot of action and markets a ....