Whole story when it comes to exports and american jobs. Lets have a look at where european equities are now. You know the function gmm go. Stocks rising after falling for three consecutive weeks through the largest losing stretch since brexit last year. Sterling rising by 1 5 of 1 . Theresa may striking a deal with the dup. It is time to turn bearish on u. K. Government bonds. Bluebay Asset Management says so. Bluebayy manager of forecast 10 year yields will hide to the highest level in about 18 months amid Rising Inflationary pressures. He also says the u. K. Must wrap and instead go to fiscal easing. The forecast is 2 . Down to 1 today. Sincee not been at 2 december of 2015. German Business Confidence surging to a record high among signs the outlook for europes biggest economy is improving. Ifa Business Confidence ifo Business Confidence index. The economy rising at the fastest pace in five years. We have had a report of underlying expectations for a continued robust performance. Let
We will speak with alex kruger, the head of the private equity firm first reserve. Lets have a look at where european equities are trading when now 30 minutes until the end of the trading session. Stocks falling for the fourth day and tension has been on central bankers. In the meantime, the imf cutting its assessment of the u. S. Economy. Ambitions ofumps 3 growth are possibly pieinthesky come up my words not the imf words. You can see the currencies rising against the dollar and bonds and commodities and cds. Lets get the bloomberg barometer. Wellbeing is positive. Below zero. Shows th shows the opposite. We did have some data today in the u. K. Consumers feeling just as gloomy as they were after the brexit vote a year ago. We had an index of Consumer Confidence dropping to 106. 9 in june, a level only slightly higher than that post referendum low. This is from the center of economic and business research. A fascinating piece of data. This gauge does look at gauges such as inflation,
For a lot ofture the european stocks. Stoxx 600 0. 6 . This is a concern there are more stockpiles in the u. S. Next line u. S. We are expecting japanese Prime Minister abe to give a News Conference in an hour from now. Lets get straight to the bloomberg first word news with nejra cehic. Nejra negotiations are continuing with a hijacker who forced in egypt air alexandra to cairo plane to reroute. An majority of passengers were released. One hijacker said tesh is said to you wearing a bomb belt. Is said to you wearing a bomb belt. A case againstd apple after successfully hacking into the iphone of a San Bernardino hijacker San Bernardino terrorist. Apple says the court case shouldve never been brought. Police have shot a man after he pulled a weapon at a u. S. Capitol checkpoint. Officials have identified him as larry dawson of tennessee. He was previously known to police who arrested him last october for disrupting house proceedings and yelling he was a prophet of god. He has been take
Chart. That is all ahead on bloomberg best. Alix hello and welcome. Im alix steel. This is bloomberg best. Rubio of the most important business news, analysis, and interviews from Bloomberg Television around the world. Lets take a day by day look at the week top stories. Starting with a surprising turn in apples legal showdown with the u. S. Government. Department of justice withdrawing legal action against apple. After the fbi successfully bypassed a law without apples help. The fbi has successfully been able to access information it was seeking from the San Bernardino shooters iphone without the assistance of apple. Looks like there was a third party involved that gave them the technical capabilities to do that. Likely some kind of mobile Forensic Experts they had contract with governments in the past. It looks like the fbis drop the request to have apple right additional code to circumvent security ios software. The rumors i have seen is that it is an israeli contractor that works w
It is all straight ahead on bloomberg best. Hello and welcome. This is bloomberg best, a weekly review of the most important Business News from Bloomberg Television around the world. Look atke a day by day the weeks top stories starting with a surprising turn in apples legal showdown with the u. S. Government. The department of justice withdrawing legal action against apple after the fbi successfully bypassed the the lock of the iphone of the San Bernardino shooting without apples help. They were able to access the information they were seeking from the San Bernardino shooters apple iphone with a third party involved that gave them the technical capabilities to do that, likely some kind of mobile forensic expert the contracted with the government in the past. As of right now, it looks like is dropping their request for the company to write additional code. The rumors i have seen so far is an Israeli Company that worked the government on similar west and is savvy in some of these backdo