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anna: welcome to the program, wn and we retdo live from london. let s get straight to what is happening in the market. the key feature has been the reevaluation of what the fed is going to do in their june meeting. we talked about that a lot yesterday. overnight, we continue to see this flow of hawkish currency coming from the fed, but the market hasn t been responding in the way that many would have anticipated. the wirp function bloomberg to run these through where fed futures are pressing the market will move and we have a 20% chance of the fed moving in the month of june, or hiking in the month of june. that number has moved a lot. it went up to 32% yesterday, but then it fell again. if the market is supposed to be a greasy on june is a time when rates interest rate, why did that contract a little bit? what we have from heard overnight, and also from blackrock that we need to start counting in the fed as a player in june. also suggesting in one note that perhaps th ....
will the focus shift from fx to fiscal stimulus? and the hud for the missing egyptair airplane enters its second day in they ve dismissed reports that debris from the jet have been found. it looks like we are going to get a positive start. watch the luxury stocks. the dax is up by 0.9%. in 29 minutes time looking solid here in europe. it looks like less concern around the world. this is a lot more than we are pricing in at the beginning of the work week. it doesn t seem to be affecting markets as much today. we have asian markets up overnight. their biggest back-to-back slump in a month. brent crude oil is rising as well. at 48 56.p there trading almost and parity the dollar index has been earlier.ttle bit that may be because the slight possibility of a june fed hike has been priced in over the next couple of days. the new york fed president bill dudley says the federal reserve is moving closer earlie. that may be because the slight possibility of to raising rates a ....
manus: welcome to countdown. anna: welcome to the program. it has just gone 6:00 here in london. let s get straight to these baking raking numbers. the full-year profit at ryanair has missed aphis estimates. ryanair full-year net profit has come in at $1.24 billion with investment of $1.28 billion. the revenue number has come in at $6.45 billion. average fares are down by 1% with unit cost excluding fuel down by 2%. their specter to give something of a cautious outlook. some rehab headwinds facing this particular industry. the full-year 2017 net incentives have been $1.47 billion so it looks like ryanair is guiding the consensus number of little bit low. the company is saying 2% better looked year on year for the peak summer months. we will get a chance to talk about how the summer is looking for ryanair, what the impact has been in paris and brussels. o leary sl get mark thoughts on what happened to the egyptair flight. there s a lot to talk to him about. the topli ....
for the week. vonnie: 1.5 million dollars worth of savings will help contribute because this is an all-cash deal. an exciting day for the industry, specifically when you consider that they have been trying to consolidate and there are so many unsolicited bids between companies, monsanto included, and now monsanto is on the receiving end. jon: and the potential of that deal is being reflected let s get you up to speed on markets. futures where are we? i m not sure we are that saw on the dow. we will update you on that in a moment. s&p futures down. that is one year and not intraday. moves, theyraday are your one-year moved spirit let s switch up the board very quickly. hopefully they are intraday moves through they are one year moves once again with euro down. that is the reality today, down by 10% over the last year. around the s go world and check in with our bloomberg team for in-depth coverage of our top stories. matt miller is in berlin on buyers push for monsanto ....
he chronicled a time of change in america. it was in his coverage of the vietnam war as a young correspondent that he first made a name for himself. he showed a marine setting a hut on fire with a cigarette lighter. the broadcast almost single-handedly ushered in the living room wars. up becauseack this had an impact on the man s life? safer: it is the most important story. that was who produced suzanne sinclair of eric severance show. decided at the beginning i was not convinced that he was innocent. because the court said he was guilty. there was a lot of funny stuff in that trial. i said let s assume he s guilty. let s go out assuming that justice happened. but an injustice was done because you don t give a man a life sentence for a $25 robbery. it was absolutely the way to go with this story. as we peeled the layers off we became more and more convinced as time went on it took six or seven months to do the story. andhe end what suzanne marty and i found was new evid ....