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Plummet as donald trump suspends most travel from europe for the next 30 days. The dow becomes the first u. S. Index to enter a bear market. The who declares the coronavirus a pandemic. Treasuries and the yen surge. The pressure rises on the ecb to make a move today after emergency cuts from the fed and the bank of england. What does she have left in the toolbox . An hour away from the european open and we are looking at substantial drops. Dax futures down more than 6 . Down ae got ftse futures little less, 5 . 5. 25 . Ures down u. S. Futures even after the big drop yesterday are posting three or 4 drops, it is set to be a risk off open. Anna a very risk off open, the route continues. Rout continues. Some weakness coming through, dark red boxes. Markets this is slipping them around daily. We see money going into the yen, stronger by 0. 8 against the dollar. You can see bond markets, a lot , yields coming down once more as markets were what president by was and was not saying. Mark on e ....
S p and fitch approve their assessment of the u. K. s Credit Outlook, but the pound continues to slide as fears of a Nodeal Brexit mount. Fedex in freefall. The carrier cut its profit forecast for the second straight quarter. Deutsche bank called the results rest taking lee bad breathtakingly bad. A 5050 merger. Of course, one is buying. The others. We will sort out which. They will sell some of their steak but not all in peugeot. Lets get more on that major socalled merger with milan. Ureau chief tommaso i know that pr wants us to believe this is a merger of equals as so many do. Is psa buying fiat . Tommaso good morning. Good morning, matt. How many times we have discussed on bloomberg tv about the industry. Now, the deal is really announced after more than one month of talks between fiat and peugeot. The question the answer to your question is fiat and peugeot will put toge ....
Rp much flat are the much flat. S p futures reporting today. Credit suisses thirdquarter results bringing relief to the banks reputation that was dented by a spying scandal. Bloombergs Francine Lacqua spoke to the ceo. Negative Interest Rates are not helpful to the banking sector. Everyone can see that. It will have to change at some point. Alix joining us from zurich is Francine Lacqua. Walk us through some of the highlights of the interview. Francine first of all, the numbers topline werent bad at all, but if you double down and look at the detail, some investors were maybe a little disappointed on the margin when it comes to wealth. The Global Markets did extremely well. This was a problem for Credit Suisse ....
Still waiting for the French Market and the German Market to really get into their stride perhaps this morning. he british pound up around 0. 3 as we hone in on december 12. The Options Market is currently adjusting itself around that kind of timing. The dollar index is down by around 01 . 1 . s look at 0. Lets get a look at the sector perspective. And the outer space, what is good for one company doing m a might be bad for another. Financials looks to be an area of red, as does health care. A couple of areas of green coming through their but essentially read in both of those, as is staples. Utilities and staples looks to be fairly green. That looks a bit defensive on of what we are seeing here from sectors. One of the sectors we have focused in on a lot is the auto sector of course. The vw share price is trading higher, u ....