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Anna Saudi Arabias Energy ministers said stockpiles will not be any less close to opecs target when the group meets in june. The secondking for half of 2018 to see where we are in terms of supply and demand, so there is no intent to revisit that. Anna good morning, everybody. This is bloomberg daybreak europe. A warm welcome to the program. Aning a little bit in market that is the pressure you get from the asia equity session. Msci asiapacific down by. 1 . The stocks got a boost on top story, going up by. 4 on the s p in the middle of the session, but we are treated have we already seen the big men up on this story . Meeting in japan. No change, essentially, to policy. The big question is about governor kuroda and how long he plans to stay. Be bringing you that in japan. The 10 year yields very much mattof the story, miller. It touched 2. 5 in yesterdays session. We had lots of conversations about what was driving that. When ....
Repurchase and announces a new Global Wealth management unit. A very warm welcome. This is bloomberg daybreak europe today. I am joined by matt miller in berlin. We need to talk about whats happening in the markets and the breaking news coming out. Breaking news out of sanofi. The wall street journal is carrying this news over the last 24 hours. A company. D buy this is a touch above the number reported in the reports over the weekend, suggesting 11. 5 billion. It is expected to start in february 2018. They are giving us various details about the kind of eps secretion we will see as a result of this deal. This represents Something Like a 65 premium to fridays closing price. Strategy in with the of the business, trying to add treatments from layer Blood Disorders to the portfolio over at sanofi. Sanofi looking to offset s ....
Behind me for the last 13 years in davos. I know we have some great coverage and panels. Speaking tomorrow with the barclays ceo, jes staley. We will be talking about the future of banking. Friday i will be moderating a panel on Monetary Policy and what comes after normalization. By ray dalio. Ed we are trying to figure out exactly what the davos men and last yearso wrong, and what they got so right. We are looking at some of the market calls they made last time. The dollar call was wrong and so was the price. Three. Re in day lets check out what is happening in the markets today. There is the stoxx 600, gaining for a third day after a third weekly gain. The best run since october. The euro, up by. 5 . There is a bit of relief now. Voting to enter negotiations on the common policy platform for germany. They have still got his final say on any coalition pack. There is another hurdle. This week, itins will be the sixth straight gai ....
The year. Possibly beyond. Will it be enough to stop the recent rise in the greek market . Third in the crude market . Third time, not enough charm. Akzonobel rejects another takeover offer by bbg, defying shareholder pressure. Could a hostile takeover the next . You are welcome to the show. Emmanuel macron exceeds the power. Votes got over 65 of the and counting. 34 from macron . You can see this is the overall relief. Asia was off on vacation. These equity markets are higher, in part, in part to do with the victory that you saw for the jobs number on friday, the macron relief rally as well, which has come through. That in itself is moving markets. Equity markets are just that little bit higher this morning. Let me move this along. Equity markets are just that little bit higher this morning. London, paris, and frank first are all higher. Up about. 5 percent in london, paris, and frank appeared we have the European Central bank ....
Foundations for a new eastwest trade route. Rishaad the weekend hackers may strike again on monday. At apples market capitalization in excess of 800 billion. If you add them up, you have a 8527,d capitalization, we are at roughly 3 trillion. Quite something. That is what we have at the moment. Some people saying these five have too much clout when it comes to soft power and real power with the amount of data they have at their disposal. The tech names pushing higher with the rest of the market treading water. On the asian agenda, some china expected, retail sales come Industrial Production, some of that expected to have ease, particularly industrial activity , painting the picture q1 was week. I want to touch on the credit data over the weekend and on friday. , credit expansion continues to push forward despite the Deleveraging Campaign from beijing that has sha ....