Surpasses its nordic neighbors. We hear from magdalena andersson. Good morning, good afternoon, good evening, everyone. This is bloomberg surveillance. Im Francine Lacqua in london. Lets look at the markets to give us a sense of what they have been doing. Stocks in europe are rising with u. S. Equity futures. Easingconomy lockdowns in some major countries seem to be Calming Anxiety because geopolitical tensions between the u. S. And china. Shares off in hong kong and sydney. Treasuries dipping in european trading after the threeday u. S. Weekend. I am also looking at wti. That is advancing past 34 per barrel and new york in hopes that the market may actually rebalance after historic output cuts. Lets get straight to the bloomberg first word news. Virus hotspot of europe, yesterday, italy reported the fewest new cases since february. Daily fatalities in the country were below 100 for a second day. It comes as the global death toll tops 340,000, with nearly 5. 5 million cases. Prime mini
Formal impeachment proceedings with House Speaker nancy pelosi saying he has violated his oath of office. President struck a hard line at the United Nations with comments about china and iran. Investors are weighing another change of tone. Boris johnson refuses to quit as u. K. s top judges attack his suspension of parliament. They say his advice to the queen was unlawful. Stock market,he take a look at this board where you can see the major market averages down across the board. It was donald trump speaking at the u. N. And bashing china. News came out that pelosi was ready to say, ok, we are going ahead with impeachment proceedings. You can see the s p 500 losing a full point. What hit the nasdaq so hard was the fact that donald trump was beating up on big tech companies. Interesting that we are seeing a little bit of an upturn for the stock futures. The s p 500. This hit bonds. Another thing that hit bonds, a big move down in yields, you can see quite a rally of seven basis points a
Water cannons for the first time. We are live on the ground in the 12th week of protests. Welcome back to bloomberg surveillance. I am matt miller here. Good monday morning. I am here for francine lacqua. Lets go to live picks of the g7 meeting. Somedent macron is getting statements giving some statements to the press. Lets listen in. He is probably the best informed. A few words about libya as we agreed yesterday. At the conclusion yesterday afternoon. Ok. Thank you. Matt all right. We are getting a little bit. Macron saying they are going to bring up the subject of libya. It will be at really interesting when they discuss the subject of iran, as well as trade. Weve gotten so much from trump earlier in the press conference with egypts president elsisi. We have some very disappointing german economic news. Just breaking, the phone Business Climate number came out at 94. 3. The survey was for an expectation of 95. 1 so a big miss there. A big miss on the expectations and on the Current
Im nejra cehic. Still seeing a little reaction from the fomc meeting. Ive got the stoxx 600. We were seeing stronger gains. It softened a little bit. We are still up 0. 2 . Stronger dollar against most major peers. Bloomberg dollar index up 0. 1 . It did gain more than that in yesterdays session. The 10year yield rising two basis points. We are at 2. 27 . Pretty steady right now. Also keeping an eye on crude oil. We are a little lower in todays session. 50. 52 dollars a barrel. Weve also got breaking news for you. Leaving its key rate unchanged at 0. 5 . Lets get the bloomberg first word news. Sebastian the bank of japan kept its monetary stimulus unchanged, but a dovish board member opposes the decision. He argued there was little chance of reaching the banks inflation target and the effects of the current yield curve program werent strong enough. That was an unexpected dissension on a board chosen by Prime Minister shinzo abe. The u. S. Secretary of state has told european allies the
Welcome to bloomberg daybreak europe. I am in the city of london and i am joined today by by meme matt miller. There is a lot going on in markets and im looking forward to seeing how this develops after yesterday straight or it yesterdays trade. Anna asian stocks might be getting a bit because of the japanese data on trade, but also because of the oil price. Thettle bit of recovery in oil price. What we saw yesterday was significant. Nymex showing the oil might be bouncing a 10th of a product a 10th of a percent this morning. The session was pretty significant. This is at 78, if you want to bring this one up on your screen. They were down by 3. 1 percent. U. S. Stocks taking a bit of a hit as a result of that. Inhave to put that oil story because we have stronger trade data out of japan. It is courting peoples imagination over in the asian trading session. Matt i will take a look at some of the things on your risk radar or it take a look at the eurodollar. Saying,had an analyst if thin