We heard from jay powell. We will hear from him again today. The eurodollar, 1. 1278. There is a lot going on, not only about trade. Official taxes that france will vote on. There is a mood on what happened to euro depending on what we get from the ecb minutes that will be released after midday. We will watch for that and any movement on currency. Coming up, we speak with the sao paulo governor, he is joao doria. Plus we will speak to sheriff brown about u. S. Politics. Lets get to the work first word news. Deutsche bank is now being probed u. S. Justice department as an expanded investigation. The u. S. Is reportedly taking a closer look at a former Goldman Sachs executive who later worked at the german bank. Authorities havent accused which a bank of wrongdoing. Another federal probe, the u. S. Investigating frances plan to tax tax giants. Socalled 301 investigation is the same tool donald trump used to impose tariffs on china. Korear japan nor south has much political incentive to c
And im Francine Lacqua. Lets quickly check on your markets. Global stocks are definitely rising. Shares in japan are probably advancing the most. The yen weakening after the bank of japan left Monetary Policy unchanged. Treasuries holding onto losses. Traders still, i think trying to digest the more hawkish tone struck by the federal reserve. I wanted to put gold in there as well, practically flat. Lets get straight to the bloomberg first word news. Reporter russia has verified that the Islamic State leader has been killed. Isisuld be among about 30 commanders killed during a bombing raid last month. It is also said the attack killed another 300 Islamic State fighters, but provided no explanation on the delay in reporting the airstrike. Anger is growing over the deadly blow that struck the apartment tower in london. The official death toll stands at 17, with the police morning fatalities could reach critical figures. Prime minister theresa may has ordered an investigation into the trag
Widely forecast by 28 out of 29 analysts by bloomberg policy makers back in september scrapping plans for further rate cuts amid signs the nation was withstanding the slump in oil prices and inflation remaining above target. 2. 9 sweden earlier keeping rates unchanged leaving the door open for further stimulus in 2017. That is the big headline. Norway central bank maintaining the key rate. Lets look at whats happening across the assets. The stocks were earlier. It suffered earlier. Down. Worst stretch from september well over a month. Ahead of the allimportant g. D. P. Data in roughly 29 minutes time. It bottomed at 120, 123. Thast the lowest since may 1985. The tenyear yield is little change. Yesterday it rose to the highest since june 23. Up from 51 bases points on august 8. The lowest boosting expectations and moving to expectations of inflation. What a good time to look at the breakeven. The almost highest level in three years. Risen 2. 3 prereferendum. This is one of my favorite c
So, we are now just less than 30 minutes ahead of the European Equity market open. Matt, it looks like after this rally that we have seen with 50 a barrel achieved on brent. We are headed for a fairly flat story. I am looking at the ftse futures and they are beginning to firm the calculations around. 1 . Other markets a little softer but nevertheless after such a decent rally, you would expect maybe a little bit of a pauls for breath. A little bit of a pause for breath. Matt the nikkei was up yesterday. Were looking at a change in asian markets. To again,csi turning it had been down. 5 . Rally not unusual in china. Brent crude is not what is what you want to be looking at today. You have wti up as well. Really crossing through that threshold, that big round number is a big deal for oil. The yen, there was a huge spike overnight. It has come back a little bit. One of 9. 76. The yen stronger 109. 76. The yen stronger. Billion matt, the 2. 9 just 2. 9 billion hedge fund that is according
His workforce is the right size after thousands of job cuts. At this point in time, i think we are exactly where we should be. Have,e the environment we to face the forces that we have here it we have. Anna where less than a half hour away from european trading. Caroline, lets check in on where we are. Where had a strong session over in the u. S. The s p 500 that feeding through into the asian equities session. Strong waves coming through in the japanese market. The nikkei up by 2. 4 . The topics up by 2. 4 . Weakness in the japanese currency, one of those factors is driving the markets. We have the equity markets looking as if they will be weaker. Caroline, take us through the other markets. Caroline exactly as you were just telling us there. S p 500 hits record highs yesterday. The feature signals we could slightly gain on that record. Meanwhile youre talking about the asian session. Nikkei 225, this is as we see a significant weakening in the yen, down by. 5 . The other performer of