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BLOOMBERG Bloomberg Surveillance April 4, 2017

Assertion that no deal is better than a bad deal. I am nejra cehic in london. Good morning. Lets get your markets first. We are looking at the stoxx 600. We saw a close lower after initial games, fairly steady now. See the carmakers really underperforming, down 1. 3 . The asiant happen in session. It is feeding through from the u. S. Car data we got from the u. S. Yesterday. The car sales coming in, disappointing that data. We are seeing it read through to the European Equity session. In terms of dollar and yen, we are seeing a weaker dollar. Ae yen strengthening for third day. I wanted to show you the 10 year yield on the german bund. Went down one basis point, 0. 26 . We saw a lot of demand go into u. K. And german debt yesterday. The 10 year treasury yield is fairly steady. We saw it hit its lowest since february yesterday. The 10year gilts yield reached its lowest since october. A lot of demand for the safest assets among saf ....

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BLOOMBERG Bloomberg Daybreak Americas April 4, 2017

Moving average but oil is not getting sucked into the nervousness. last month, trump said he would tell automakers he will return the u. S. To the car capital of the world but last month we got Sales Numbers that point to the other direction. With us now is matt miller from berlin and from d. C. , Kevin Cirilli. To starter, i want with you on the cars. How bad are these numbers . Matt they were bad, for sure, especially compared to the expectation. We were looking for 17. 2 million and really got 16. 1 million. So that im sorry, 16. 6 million. It is about the vix. If you look at this chart have this you can see that isnt something new. Tracks have been trending up. Meani say a truck, i even the big station wagons. The blue line are the cars and sedans. This is a 17 year chart. This is one of the big problems here is that automakers are not adapting quickly enough to this new mi ....

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