Could be at risk because of not enough capital. And thomas cook shares dive more than 10 as margins are pressured despite a turnaround in demand for trips to egypt and turke turkey we are an hour into the trading session here in europe so far stocks are just slightly tilting firmer, but not by much on the broader image of stocks on the stoxx 600, the core markets not exactly helping out. The ftse, the cac, the dax, the uk market is slightly higher than the rest. If youre looking for decent gains, its on the spanish stock market that market up about 0. 6 , versus what youre seeing in the rest of the charts the ftse in the uk and the ftse mib selling, but the dax and cac on the flat line in terms of sectors, this is how were perched. Travel leisure at the bottom thomas cook not helping out the Sector Technology down by 0. 4 . Media stocks weaker. Rw in germany moving towards the upside we had a fairly firm move in the price of brent overnight 1 higher. Almost eclipsed by wti, up by 0. 19
Anna a warm welcome, this is bloomberg daybreak europe. Another cracking show for you, the lineup looks like this. Interview at 6 30 u. K. Time. Toa and will also talk Valdis Dombrovskis in an exclusive interview. The u. S. Equity you jurors are running at the bottom of the screen. Should begin thanks to the junkbond market . Maybe the money goes back into highyield, but up she goes. 20 400, 20 500, 2600 is where we are. For aning get set evolution of the stock market rally. Is there anything that can stop this . I think janet yellen also added to this. There is a bit of risk maybe with raising rates. Fascinating comments from janet yellen. Investors who are long in the equity market might be singing in the asian market. The hang seng hitting the highest in a decade. Asia heading for it record close, new alltime highs in u. S. Stockmarket. Levels. The 2070 we need to talk about with tapping in emergingmarket currencies. The korean won and mexican peso, the korean won up at more than a
Road map begins with the global stock rally, tech futures pointing to a higher open ahead of the holiday. Ceo meg whitman saying she will step down early next year shes going to join us in a live exclusive and perhaps final interview in a few minutes. And President Trump weighin in on the at t time warner merger saying the deal is not good for the country. Stocks looking to continue their upward momentum, technology was tuesdays Top Performing sector along with apple. The first time thats happened since july of 2015 q guys i think its 25 times weve had the dow and s p and nasdaq 28 times set records on the same day surpassing the record we got back in 1995. Which just sort of shows you that the dips have been so shallow, that any time you get the three indexes rising this year, chances are they are going to be in new record territory. It was are the everything rally yesterday. After last weeks little backup in the indexes and high yield didnt open up any cracks, people felt lets try fo
Keeping in contact, linkedin has big plans for asia. We are going to set the challengers and the rivals. We are heading into the end of the trading week here in asia, and we do have a really supportive lead from wall street as we had the dow passing 24,000. The s p seeing its longest streak, monthly gains up by about a decade. We are going to get a potentially before christmas. We have over the last half hour or so had the announcement of suspension until 11 00 a. M. Friday morning in washington. The key compromise has collapsed and is scrambling to salvage that. Buoyancyeing the passed through to the Asian Session. Couple of key numbers when it comes to the agenda today. Japanese inflation edging slightly higher, but surging still half of that target. We saw south korean inflation falling more than expected. The other piece of data we are watching for his the pmi. The private manufacturing survey. This one versus the official reading which came in stronger than connected yesterday, at
Rishaad just looking at what is going on, you would think asian equities would be expensive relative to the u. S. They beat the s p 500. I want to bring up this chart. If anything, pricetobook ratio, and forward asiatoearnings spreads, stocks looking more attractive compared to u. S. Counterparts. Those spreads have widened to four. Nus there we have it. The rally could have legs. Fascinating its not just a more by you, but getting cheaper. Have not seen the political dysfunction in Washington Play out when it comes to the markets , and some jitters in the asian session. The last time we had a the lastt shutdown, three times, the s p 500 gained. Three, so wen day not just asian equities, but in the u. S. As well. Decisionsnk dominating the agenda, as well as u. S. Gdp. Sophie kamaruddin joining us now. Jitters. E do have asian stocks kicking off the session subdued. Japanese stocks are slipping as the boj policy decision is due tuesday. Lets check the open. We do have the taiex gaining