Francine welcome to bloomberg surveillance. These are the markets. The stoxx 600 gaining a touch. The u. S. 10 year yields going to around 2 . Deutsche bank after the massive overhaul gained one point 7 . We did have a little news out of the german Industrial Production data. Bit of gaining a little temper on some of these markets. The market is going toward 2 . Coming up, we heard from the associate general chairman, what he had to say about the fed, ecb, and more. Lets get to the bloomberg first word news. The lira swamping after president erdogans decision to replace the countrys central bank chief. The dismissal has fueling concerns over the regulators independence. In a meeting, erdogan reportedly told policymakers to get behind his conviction that higher Interest Rates cause inflation. This morning, greece has a new Prime Minister from the right Democracy Party. The election handed him a mandate to tackle the nations chronic woes. New democracy is set to get a perlman treat major
Ceo of the alan Company Conference in idaho, we will have his take on the latest round of the bed for yahoo will verizon make the big move . The story today around global yields of course. Jonathan lets get everyone up to speed. Softer, up byle 1. 5 here in london, the losses piling up and mainland europe with the dax down by over 2 . If you to the headline in the fx market. The lowest since 1985, down by cured alltime low yields, japan, u. K. , u. S. , 10year yield down by 1. 33 . Crude softer at 45. 98. Gold at a twoyear high. 30 right here, right now. Lets go around the world and check in with our Bloomberg Team for indepth coverage of our top stories today. Guy johnson here in the city on the pound and the Global Equities and the current in asia, turning negative. Yelena shulyatyeva in new york, and possibly more stress for the u. K. Funds. Lets begin in the city with guy johnson. He joins us with a check of the market at the top, the fx market shining bright red yet again. 28 and
Ryan, thank you. We are here at the conference in berlin. We are talking tech, the internet of things, connected homes. Manus, we have your Christmas Present picked out. It is a robotic vacuum cleaner. It will clean your living room. We will be looking at all these things, how expensive they are, and the future of tech. Glad to know you are buying me a Christmas Present. Equity markets are underway. Lets talk to Caroline Hyde in terms of the morning after the day before. We are just one minute into thee and stocks, of course euphoria of yesterday turning a little bit more cautious. Roubini calling this a effectively quantitative easing. Perhaps by stealth. On to the risky assetbacked securities. What about corporate bonds, sovereign bonds, that is what he is anticipating. Currently, ftse just flat. The dax, we will see if that needs updating. France trading flat. Spain off by a quarter of a percent. Lets check on that euphoria of yesterday. The euro down by 1. 6 yesterday. This is but
COMBINED GENERAL MEETING AND BOARD OF DIRECTORS DATED 22 MAY 2024 Press release Paris, 22 May 2024 Combined General Meeting The General Meeting of shareholders of Societe Generale was held on 22.