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challenge her. and negotiations with the u.s. justice department are set to continue despite breakdowns in talks. welcome, everyone. this is bloomberg daybreak europe, as we are naming our show here. i am and edwards. anna edwards. manus: and i am manus cranny. this pink line shows you very positioning, and this is the inverse correlation s performance and the rally of the mexican peso. last e, the peso has lost nearly 9% of its value since the risk of trump. anna: it is different than last time, and that is because of the revelations over the weekend, the end of the last week, around the republican candidate, so as you said, manus, it pulls back a little bit. i would show you where we are on the mexican peso and where we are on the pound. this is as theresa may looks to build on understanding in brexit. the fed minutes are in play. you have got me mexican peso. the last time the mexicans onually intervened was february 20. you have also got canada on the move, a ....
product profit increase but can it be sustained? we ll find out when we speak to the cfo in 45 minutes time. we are now half an hour away from the european open, caroline let s take it look at where we think it will take us this morning. it looks like a mildly negative start for the european day. this is the fair value calculation. the dax :00 it will be just positive, everything else looks like it will be negative but only just. it looks like a fairly flat open. rebound iny we saw a minors when it came to europe and that seems to move into asia, helped by copper trading up 0.8%. brent crude oil is currently flat. there have been concerns about nigeria and the niger delta being evacuated and concerns about the safety. there seems to be a supply-demand dynamic. yesterday andckup it seems that commodities go higher and so do stocks. we will be digging so much more into the dollar index because it s down a quarter percent but goldman s sex says go long on the dollar. we ....
european headquarters at what we are seeing, gains across the board. yen gaining a touch. this is on the speculation that currencies biggest today rise slide. two day there been wariness that the japanese government will intervene. this is dollar spot, one of the biggest stories. lifted to first word news with nejra cehic. nejra: the brazilian president is facing what may be her last day in office. the senate is gearing up for a vote to force her out and into an impeachment trial. surveys suggest the president opponents have at least 50 votes . donald trump has won the west virginia and nebraska primaries driving his can test driving his competitors out of the driving his competitors out of the race for the white house. enter theays he might contest if he performs well your desk performs well. well.forms toyota has said annual net income will probably decline for the first time in five years. japan s largest company todicted net income may drop $13.8 billion. that i ....
well. but i like how you mentioned brazil. to john for air and 10 minutes in brazil but between brazil and the philippines, a lot of emerging-market politics going on within the student of economics and finance. of economics stew and finance. francine: now, let s get to the bloomberg first word news. nejra: bernie sanders is not going away. he says he will fight for every last vote. night, he defeated democratic front-runner hillary clinton and the west virginia primary. lead inlinton has a big delegates, closing in on the number she needs for the nomination. meanwhile, presumptive republican nominee donald trump won in both west virginia and nebraska. he faced voters for the first time since rival ted cruz dropped out. british prime mr. david cameron may have an awkward time and ofrat s when the leaders nigeria at afghanistan visit this week or he told queen elizabeth the two countries are extremely corrupt. prime minister cameron: nigerians, the leader is fantasticall ....
up italy s troubled banks? so, welcome to the program. this is the pulse live here in london. first thing s first. let s check on the market. overall, we are seeing a lot of european shares on the downside. we had disappointing news in terms of earnings coming from japan. we also had disappointing figures from a cement company, goes to construction. it is the backbone of the european economy. i want to show you the pound. later on, it is the last time we hear from mark carney and the r expectations for interest rates. the last time we hear from them before the june 23rd referendum. a lot of banks are under pressure. now let s get straight to the bloomberg first word news. in mitsubishi motors have jumped by 16% after confirmation it is in talks with nissan, including for a possible capital tie up amid a fuel economy scandal. nissan is seeking a 33% stake in mitsubishi motors. credit agricole reported a decline at first quarter profit. net income fell to 227 million eu ....