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Half of next year. Time for todays global exchange. From dubai to frankfurt, to brussels to london, to Rio De Janeiro and princeton, new jersey, our bloomberg voices are on the ground with this mornings top stories. In turkey, the lira is gaining against the dollar following a 200 basis point cut. Joining me with more from dubai is paul wallace, bloomberg emerging markets reporter. Is this going to be enough president erdogan . Paul that is a key question. The lira has barely budged despite that 200 basis points cut being more than markets expected. Analysts were expect and about 150 basis points. The lira has had to endure a lot in the last six months. Erdogan has sacked his central bank governor. Since then, the new one has overseen a whopping 1200 basis points of rate cuts. Amazingly, despite all of that, the lira is actually up against the dollar since the end of june. We will have to see what erdogan thinks of this latest mov ....
Earnings here for twitter. Monetize a bill daley active users actually came in soft. Monetize a bowl monetizeable daily active users actually came in soft. That stuck down a whopping 10 now in premarket. Coming out ofbers twitter. In the markets, we are still going to be waiting and seeing what happens with marios press conference. With Mario Draghis press conference. The rate coming in now at 14 . There had been concerns because of conflict with syria that they wouldnt be able to cut rates because of volatility and we can inflation, but it appears they were able to do that. The ceasefire coming yesterday, sanctions being lifted by the white house. It is a 200 to be basis point cut for the turkish central bank. Time never the global exchange. We are going to bring you time now for the global exchange. We are going to bring you the mark moving news from around the world. We started in europe, where the regions economy continues to s ....
Would cut more than this. Alix but it looks like they actually cut more than expectations because it was 19. 75 , go into 16. 50 . It appears they did actually cut, so50 basis point it seems like it was a little deeper than even the most dovish expectations. 19. 75 , and was they cut it to 16. 5 percent. So it did exceed expectations. Alix but yet, you have the lira moving higher. I think that is never a good sign, when you have the currency moving higher when you have a 325 basis point cut. Interesting. We will have to watch that currency. That feels very much like the playbook last time we saw a cut from the turkish central bank. You have the, yes, turkish central bank. Now we are pushing ahead to the ecb. S p futures unreal, up over the 3000 mark. Hold . He rotation we seen we took a pause yesterday. Odollar euro firmer eurodollar a little firmer this morning into the ecb. A little bit of wiggle room when he market. Youre seeing a little bit of buying in the bond market in the u. S. ....
Out as bridgewater flagship funds logs one of its first half performances in decades. And Rising Oil Prices boosts Energy Stocks after the uk calls irans seizure of a british tanker in the strait of hormuz an illegal act well, good morning, everybody and welcome to street signs. Were about one hour into the european trading session i just want to recap quickly some of the action we had in wall street towards the end of the week last week it was a weaker close for the three majors on the week the dow ended up about two thirds of a Percentage Points lower. S p and nasdaq little more than 1 weakish end to the week for u. S. Equities as we get into the heart of earnings season here. 28 of those released results have beaten sales and 49 have beaten on earnings according to data from goldman. Still right in the heart of e ....