Chairman powell says this is not the beginning of a move downwards. Capital gains. Boosting the ratio and outperforming rivals and Equities Trading. The ceo says he will not let brexitange his plans change his plans. It is a question mark. We are not making changes of saturday strategy because of the exit. Prices slump. We speak to the ceo shell. Take a quick look at my terminal. The u. S. 10 year yield, the dip you can see right after news of the fed rate cut. At first, and investors were buying bonds and pushing down the yield. Then during the press conference, it came back up. It does not look like the market is convinced Jerome Powell will keep cutting. Clear in the press conference he never said this is the only cut. There could be more to come. Take a look at where we see futures trading. It is a down day. Drops yesterday. Futures up 0. 6 . Ftse futures falling by half. We see the aftermath of the u. S. Session. Selling over and asia. The japanese market cushioned a little bit be
Finish the month on the european stoxx 600 by 1. 7 , the strongest monthly performance since september october, excuse me. The stock that has brought the for european benchmarks, one notable one, the , a negative in january primarily because of sterling strengthening performance against the dollar, rising 4 . Down on the benchmarks. Today. Currencies rising against the dollar, the major peers of the dollar has risen over the month. Bond deals, commodities, and the in full season is swing. Growth in Factory Automation and other areas upsetting a continuing slump in its power the chief executive of siemens try to navigate changes at the Global Energy market and orders for large gas turbines, its flagship product to drop significant. Thecompany surged 14 in Third Quarter with positive results from rail, wind turbine, and digital factory units were surprising, according to an analyst. H m, look a look at at the drop, big today, down 10 . The level of the share price is the lowest in 10 yea
Matt im matt miller, in for manus cranny. Im really excited to see about this china decision, but we have comments from the fed that are moving markets and there is so much turmoil here in europe because of the brexit negotiations in the middle east with qatar. Anna we will get that decision later from the msci as to whether the chinese domestic concluded to the benchmark. Could it be fourth unlucky for china . This is the fourth time asking to be included within the benchmark. We have this chart here, showing the china rush. This is one example of the appetite for chinese assets. It shows appetite for a particular asia etf, listed in the united states. Investors anticipating perhaps, approval, but how much does this matter . We have seen real divergent performance between the shanghai market and the offshore market, which is trading near two year highs. The domestic market, really dwarfed by some of the new Technology Names that trade overseas, outside of the chinese main shares. Matt
Im going to be interested in the contrast between Monetary Policy and the skinny budget. The first budget from the Trump Administration, it will be fascinating to see. Alix and dynamic scoring. Here is where we are stacked up. 2. 5 hours before the open in the u. S. Equities softer, s p futures off. 10year yield on the margin, the basis point down. 1 ascatching a bid, up 1. The pound recovers. Europound was down for a while and is now reversing. Im taking a look at where volatility is nowhere, up by just. 5 . Goldman sachs says buy copper and oil, market not listening. A 60 losing streak, the longest since november. Kicking off this big week for Central Banks, our guests. To me, the big question is 2018. It shows the possible rate hikes the markets are expecting. For 2018, we are just over to michael. What is it going to take for the fed to move that line . Its going to take more clarity on the fiscal front. An interesting disconnect is it being pulled up on fiscal but not expecting th
A very warm welcome to the program. This is counting. Waitingm london, we are for a host of corporate earnings this morning, particularly from corporate spirit we have been asking for a couple of days now when we will see markets adjust expectation. We heard a lot of hawkish commentary over the recent weeks, we got our answer. Fed a show you what the fund reaction was the reaction, we have a chart that shows that for you. Last night in the minutes, they said that depending on growth and the labor market and inflation, judging appropriate to increase rates in june. This is a chart we saw in terms of the fed fund futures. The function on the bloomberg, adjusted very quickly. Hike in 4 of a rate june on monday. And now we are 32 . A big adjustment. Let us go to the risk radar next. Tell you what has been happening overnight in those markets. This is all linked of course. 2 10 of aex of percent. Up in yesterdays trading session, near a sevenweek high. Speculation about a june increase in r