More protection, the ecb tweaks policy. The economy ravaged by the coronavirus. Ftse futures point lower, and much of europe is closed but we will see trading in london. Apital is coming apollo aims to raise 20 billion and several new funds for opportunities in distress and private debt, this after boeing sold 25 billion worth of bonds in the largest offering of the year. Just under one hour away from trading in the equity markets that are open. London notably, and the ftse futures are down this morning. We also see s p futures, dow futures, and nasdaq teachers down. Nasdaq futures down. We know the u. S. Markets will be open as well today. Typically a european holiday. The u. S. Has detonated a different has designated a a different day for that purpose. The notable figure, the first one i see in the First Quarter, 802 Million Pounds versus 86 Million Pounds in the previous year. This is a number we are looking out for a lot of banks during this crisis. Newsrms of other notable from r
No way confused with the services we do bloi after a financial crisis brexit talks are on the verge of collapse. Here in london, saudi aramcos ceo will be in full output the ipo could be published by the end of this month. Good morning. Welcome to street signs. I want to take you to the price action weve had markets were off we had a heavy session the dow down 2 . S p down 6 . Tech, nasdaq down. As tension is heating up ahead of those all important trade discussions set to take place tomorrow the latest develop that the u. S. Is applying visa restrictions in addition to adding more and more companies to the black list. This is the first time we are seeing the u. S. Wrap in Human Rights Concerns into the economic dealings. Reaction has not been very positive a negative tune and session for asian markets. By the end of the session, it was the worst session in the week for the asia pacific indices as a whole what we saw in europe at the open, we had a slightly negative start to the day yo
Of recession before the next election the french finance minister doubles down on his proposition for Facebooks Libra there are conditions, we should refuse the development of libra. What im saying behind that is the security of customers, the stability of finance within the eu good morning happy friday it is officially the day after the big bazooka out of the ecb let me take you to the market price action in the Banking Sector in equity space, most of what you see is actually more positive the dax in germany is up cac is up, italian index is up. 4. Well discuss these at length in the program. At one point, we did see the bank index dip as much as 2 overall, the appetite for risk taking has come back this morning after a positive hand over from asian indices wall street there. 6,. 7 there away from regard highs he c equities in the u. S. Continue to gain. Talking about the banks today performing well. Up by 1. 3 basic resources as well. Autos and sectors that are sensitive to the expor
These are your markets and we see a little pullback when it comes to european stocks, down by 0. 2 . S p futures gaining 0. 8 . The further correction we saw overnight is putting a little bit of anxiousness out there on the market. We spoke to a lot of market artisans and they say, look, it is too soon to see if the situation will stabilize. We will look at the opening of the was market to see if there are any tensions there. Its just too soon to make a call on whether or not the markets will be quiet right now. That is what we will discuss throughout surveillance. We will keep you updated on all the action throughout the morning. Plus, we speak to Iain Duncan Smith about how long theresa may can hold onto power. We also have an exclusive interview from milan. And later on, we hear from the chief executive of loreal. First, to the bloomberg first word news. U. S. Senate has passed a budget bill. That is as lawmakers seek to end a partial Government Shutdown that began at midnight local
That is the one thing people will want to know on monday morning first thing. The Dollar Strengthening against the yen after the fed official added to the course of policymakers signaling they will keep raising Interest Rates. This is a picture for european markets. They are gaining some 0. 3 . Another currency pairing is new Zealand Dollar slipping some 1 . The kiwi dropping 1. 7 last week after the central bank said on february 9 that it plans to keep arming costs at a record low. We have charles dallara. I want to show you the banks, gaining some 0. 7 . Lets get straight to the bloomberg first word news. Heres nejra cehic. Nejra kraft heinz has pulled its bid for unilever two days after the approach became public. The company cited the targets reluctance to engage in talks. The decision came after 3g capital and berkshire hathaway, which own about half of kraft heinz am undecided they negative mergere made a impossible. Japan posted a bigger than forecast trade deficit as car export