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
Tom a swing back to rates and what were looking at. Youre aware the United States has a jobs report tomorrow. We call it super friday. Francine only the most important piece of Economic Data probably in the world apart from china if we see a slowdown. A little bit of news from retail sales. The e. C. B. Is meeting march 10. Increasing some 2 . Put that against the weaker than expected inflation and some pretty dire Economic Service data from the u. K. Tom the german yields, we will get to that and a data check as well. North korea has shown what it thinks about the new United Nations sanctions. Hours after the Security Council approved more sanctions to punish the country for a nuclear test and a robert launch, north korea was at it again. It test fired short range projectiles into the ocean. Investigators are examining debris they suspect came from that missing malaysian jetliner found in mozambique. A person familiar with the investigation says it appears to be part of a tail from a
Higher in terms of commodities. Copper up. 4 . Euro pretty much flat after a bit more hawkish. Hinting we could see a rate hike this year. We see 50 chance of a rate hike. Lets have a look at the equity markets. So much corporate news. Airbus up 3. 5 . Third quarter profit up 12 . They are going to increase the amount they are producing in terms of a320. Bnp paribas up 3 as well. Profits gain. Bullish on Investment Banking. We can raise our market share, they say. Renault up 3 as well. Confirming higher margins. Get this raising the outlook for europe and france in terms of the market for cars and demand. Jonathan thank you very much. Decent numbers out there this morning. 2 . Tse 100 up by the cac up. No halloween surprises from the boj as governor kuroda bets japans will hit its inflation target. China gets rid of its controversial one child policy and shares and charge related stocks soar. Later, a monster october. Forrap up a bad month equities. For its best month since 2009. No ch
The first time this year. Road map begins with the markets searching for fresh highs. Dow closing in on 17k after logging its first sixday winning streak since december. Last weeks winning sector, utilities, where weve got action today, lead higher again . General electric overcoming the latest hurdles in its bid in france. Lululemons founder, new allies in his fight to shake up the retailers board. More drama more lulu. Stocks looking to make more history. Dows in 53 points of 17,000. Blue chips and s p in the midst of the sixsession winning streak after hitting highs. Nasdaq closing at its highest level in 14 years. S p so far this year, up 6. 2. I was reminded by s p capital last week, last summer it was up 7 . Everybody sort of knowing well close out q2. What kind of stage does it set for the middle of the year . Look the news headlines, out this morning, bullish actist. M and a, utility deal, also existing home sales at 10 00 a. M. To watch. Economists are looking for a gain there