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Worst in the history of the report. Jobless claims out today. The u. K. Is set to ease parts of its nationwide lockdown on monday. The pound fell to a twoweek low ahead of a bank of england decision. We speak with governor andrew bailey. Welcome to daybreak europe. We are getting a little bit of a. Ift through risk assets unexpected rise on exports. Backtronger yuan off the of that. Still some red on the screen in asia. The s p dropped for the first time in three days in yesterdays session. European futures in the green. Earlier, we were seeing the yen at its strongest or near its strongest since midmarch. You wonder about the kneejerk reaction. The painful jobs report, a grim foreshadowing of what we could get out of the nonfarm payrolls tomorrow. Ahead ofa two week low the boe decision. The expectation we could see more quantitative easing either this week or perhaps in june with the boe expected to hit its present the bond buying goal around the end of june. Oil getting a little bit ....
Gaining strength again today, although really its also little changed at 1238, up only 4 100 of 1 . And crude is down another dollar 91. So crude wti back down to almost 80 a barrel at 80. 60. John. And thats certainly weighing on the canadian stock market with energy, with such a big subgroup component here. Financials is well under pressure in canada and were seeing that in the us indices. Matt mean, beyond just figuring out the story on rates and inflation from here, fitch raising some fresh concerns around the Banking Sector within the dow. Youve got jp morgan, for example, as one of the lead laggards. Its down about 2 right now. Watching tech is kind of interesting when you consider the fact that we started the day with some muscle calls, if you will, from the analysts on wall street. You had baird with bullish commentary on nvidia. You had Morgan Stanley saying despite ....
Welcome to what will be a pretty intense show as we gear up toward that inauguration in about nine days from now. We have a new report from the World Economic forum on global risk. They talk about unemployment as one of the big risks. Inequality and increasing polarization. What they mean is the polarization of politics within various countries. Weve seen it with brexit, with trump, but also polarization in terms of various countries around the world. They talk about environmental risk. Not also talk about Society Keeping pace with technological change. We will speak to the chief author of the report a little as wen in surveillance also geared towards davos, which starts next tuesday. First things first. We will check in on the markets. This is european equities. I would suggest that most of the moves and the most important moves are going on elsewhere. It is currencies, but ....
The hour. We are delighted to have both of you here. Kicking us off right now is vonnie quinn. State johnretary of kerry and his russian counterpart agreed on a ceasefire and a meeting in munich. They also agreed to airdrop humanitarian aid to syrian cities. Still be planes will able to attack islamic state. In oregon, the last four holdouts in the occupation of the wildlife refuge go before a federal judge today. They surrendered to agents yesterday. Now that they are battling oneonone, more differences between democratic president ial candidates are emerging. As they debated last night, referred toton Bernie Sanders ideas as unrealistic. But Bernie Sanders says he thinks voters are ready for a new reality. Bernie sanders the American People are tired of establishment politics, establishment economics. They want a poli ....
Banks. Bit ofwe are seeing a unusual action and commodities after the rally. We are seeing a steep come down today. The bloomberg Commodity Index having its worst day since. Urglary nine, down 1. 8 9 worst day since february mud down 1. 8 . Down after aces climate inventories that have been steeper than estimated. Over 9 Million Barrels added to u. S. Inventories last week. Gold futures also lower and copper also taking a hit. It is not only about the inventory number, its about the strength we are seeing in the u. S. Dollar. The euro and pound are falling burst the dollar, the dollar strengthening versus the japanese yen. Ofheard from James Bullard the Federal Reserve speaking to Bloomberg Television a ....