Stay updated with breaking news from Latvia. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
pulse. i am francine lacqua. let s get straight to these markets. we are seeing a relief rally that we saw yesterday. that is continuing into the early hours of the trading session in europe. from 1.4% i want to focus on the back because overall the gains are 2.6% if we did have a downgrade by moody s. volatility down a touch. pound 1.3389. barclays getting 3.4%. if you look at five trading session chart, it looks very different. they were really slammed on friday and monday. some of them lost 50% of value of the deal.inning let s get straight to the bloomberg first word news with nejra cehic. nejra: coordinated attacks at istanbul s international airport have killed at least 40 people. the prime minister says islamic state is likely to be responsible. the attacks which injured 200 people in off at about 10 p.m. local time. turkish airlines says the airport has reopened for flight. the president of france has targeted a keep color of the financial industry as he call ....
live from bloomberg s european headquarters. i am francine lacqua good we have a great lacqua. we have a great show lined up for you. the west leader economist joins us on set. that is to name a few of the guests. first of all, let s check your markets, because there is plenty going on good risk aversion swing the markets. signs that the u.k. markets are taking a turn. your stoxx 600 down. the pound dropping. 20en demand we saw that year japanese government bonds, you can see it there on the screen. 0% for theng below first time ever. we also saw 10 year government yields on guilds the first time at a record low. let s get to bloomberg first word news with their change. nejra: three of the uk s largest real estate funds have frozen 9.1 billion pounds of assets. investments in standard life desha standard life investments have halted withdrawals because it did not they do not have enough cash to pay investors. theresa may has taken a clearly in the race to succeed ....
early on in the day. dowver, not enough for the and the s&p to reach new records here. investors are going through earnings news once again, a lot of corporate news, and they are weighing against valuations for the s&p 500. take a look at bloomberg here. $22.08. s&p has gained more this year, so there are some about the possibility of companies in the u.s., being enough to sustain those valuations. that is something investors will be waiting on a macro basis as we go through this earnings season. one of the top corporate stories today does not have to do with earnings it has to do with m&a. we are watching verizon and yahoo! on this news that vonnie and david mentioned that verizon and yahoo! are in one-on-one talks, a $5 billion acquisition. it is not clear if they will indeed get them, but it looks like it could, and it could happen early next week. at&t also announced earnings today, trailing analysts estimates, but the shares are moving higher. perhaps not the wi ....
noempbt asia the markets were relatively flat the nikkei was up about 15 points. hang sense added 29 and the shanghai up just over. and closely watching currencies. early surge in the yen erased the bulk of this week s gains for the dollar. you can see now the yen is trading 109 pvnt $96 to the dollar. the dollars down across the board. euros trading 111.8 and the pound is 147.04. and i ll applies. brent crude prush pushing above $50 for the first time in several months. and were some people right just a couple months ago that made that trade. also shares of takata. kkr expressing interest in taking control of the japanese firm. this coming a it is air bag supplier facing billions in cost due to the recall of those faulty parts. and u.s. foods raising a billion dollars in its ipo making the second biggest of the year. shares are trade on the nyse today under usfd. stocks to watch this morning. hp, inc. reporting better than expected second quarter profit. cost cutti ....
to run below our objective, a mild undershooting of the unemployment rate considered to be normal in the longer run could help inflation, could help move inflation back to 2% more quickly. second, a stronger job market could also support labor market improvement along other dimensions, including greater labor force participation. a third reason relates to the risks associated with the constraint on conventional monetary policy when the federal funds rate is near zero. if inflation were to move persistently above 2%, or the economy were to become noticeably overheated, the committee could readily increase the target range for the federal funds rate. however, if inflation were to remain persistently low or the expansion were to falter, the fomc would be able to provide only limited amount of additional stimulus through conventional means. these motivations notwithstanding, i continue to believe that it will be appropriate to gradually reduce the degree of monetary policy ....