Tom a swing back to rates and what were looking at. Youre aware the United States has a jobs report tomorrow. We call it super friday. Francine only the most important piece of Economic Data probably in the world apart from china if we see a slowdown. A little bit of news from retail sales. The e. C. B. Is meeting march 10. Increasing some 2 . Put that against the weaker than expected inflation and some pretty dire Economic Service data from the u. K. Tom the german yields, we will get to that and a data check as well. North korea has shown what it thinks about the new United Nations sanctions. Hours after the Security Council approved more sanctions to punish the country for a nuclear test and a robert launch, north korea was at it again. It test fired short range projectiles into the ocean. Investigators are examining debris they suspect came from that missing malaysian jetliner found in mozambique. A person familiar with the investigation says it appears to be part of a tail from a
What the fed may or may not do. Tom i have to admit america wakes up to the shock and awe of two candidates for president this morning. Address that you both hours of surveillance. There is the reality, you wonder how brexit will be the morning after. Maybe that is the same kind of feeling. Francine it is extremely difficult to make political productions. Why the markets are interested in it. Lets get to bloomberg first word news. The rules rewrote of how to run for president and now donald jim is the presumptive nominee. He won 52 of the vote in indiana and now donald trump is the presumptive nominee. Ted cruz has dropped out of the race. We are going after Hillary Clinton. She will not be a great president. She would not be a good president or she will be a poor president. Vonnie victory has almost certainly allowed trump to get the delegates he needs that would prevent a contested convention. Bernie sanders won 53 of the vote in indiana. Senator sanders i understand the secretary cl
A lot of stock movements. We have shown you resources as there is movement you can see on the stoxx. Your stoxx 600 unchanged. Fed president s were talking about a possible rate hike in june and ruble at 66. 8. Lets get straight to the bloomberg first word news with nejra cehic. Nejra shell is trading lower bepite posting profits that analyst estimates that beat analyst estimates. 1. 18 billion. Inbev the Worlds Largest brewer said thirdquarter excludingse 3. 1 , shifts and acquisitions. Shares are trading lower. Adidas and will plan to sell its the company said it would keep its gold shoe and a peril and a peril business and a peril business. Has siemens has 20 to 2. 1 2ose billion euros. That is after an increase in demand for Energy Generating equipment offset a decline. Brazilian prosecutors have filed a 44 billion civil suit against the joint venture over novembers dam rupture that killed 90 people and poured and caused severe environmental damage. Credit suisse has agreed to sell
The grip on the east continues to slide. We will tell how you can indulge in retail araby with the help of. And told in Retail Therapy with the help of a hashtag. Hello, welcome. It just come 6 00. Bloomberg reporters are standing. Y david tweed is in berlin with numbers from adidas today. Ubs reported profits that surpassed estimates. Profit rose 6. 7 from a year earlier. Our markets editor manus cranny is over there in zurich. Run us through the numbers. What is the number going to be focusing on . I think they are going to focus more on three keywords. Return on equity . Target. King to the we are on the way to the Promised Land. Reducing d assets moving the target on risk weighted assets in the businesses they dont want to be in down to 40 billion. Management brought in new money at 11 million swiss francs. Profits up 24 . The Investment Bank dropped by 56 , but it is those three issues in terms of return on equity, cost, risk weighted assets. Issues take you into discussing capita