And we will speak to the ceo of unilever after the consumer goods giant reported sales that missed estimates. The interview at 7 15 london time. Matt we are less than 30 minutes away from the open of european stocks. It looks like the rally is set to continue. Here you see gains in theaters cac. E dax, ftse, this, after we saw gains in trading yesterday in the u. S. , asia, and carrying through to us here on the continent. Manus lets have a look at gmm, because it tells the story. The dollar is unsure. Yesterday i was confused. This morning the dollar is flipping it ever so slightly against the aussi. There is a sentiment that the fed will be provoked a little bit like the bear with a stick into doing a rate hike every quarter next year. I was in a session yesterday where they talked about dr. Jekyll and mr. Hyde with trump. The dollaryen, 1. 1360. When it comes to trade policies in the u. S. , somebody might want to brief the administration on if they dont produce enough aluminum, iro
Relationship for a new age. Good morning. This is bloomberg surveillance. I am Francine Lacqua right here in london. We have a pack show for you. We speak to the former fed governor, randy kroszner, then the economics professor joins us that 9 30 a. M. U. K. Time. We will talk a little bit about regulation. The u. K. Brexit sector, the house of commons will be monitoring that, and any breaking news. First thing is first pure the dow yesterday reaching 20,000, so lets quickly check on your market. This is a picture overall. We are seeing a nice little post. Stoxx 600 gained 0. 5 . I want to show you what happened in japan. The global rally is picking up speed after that landmark for the dow. Gold in boston seeing a selloff. Lets get to the bloomberg first review with nejra cehic. Hasa President Trump enacted two of his campaign promises, it discussing a physical wall along the southern border, and a target on sanctuary cities, those failing to report those violating immigration laws. Pr
Happy president s day if you are joining us from the United States. Good afternoon. Anna edwards, good afternoon. There you go. Stoxx 600 up for a second consecutive day, the highest level since december. It will be a quieter day today because of the president s day holiday. No chart shows a better story, no two day chart shows a better. Tory 143 billion, that was the bid put on the table for unilver from kraft heinz. The shares surged 13 on friday. The biggest gain ever, a record. Or unilver today, shares fell 9 . Kraft heinz walking away. Sixceo of unilver had months to put his ship in order because takeovers to debate that kraft cannot come back for six months. s defenses were not formidable, such as low Stock Ownership by management. Credibility may take a hit Going Forward. That is an interesting angle. Rbs shares up to a oneyear high after it said it would scrap its planned sale of its Consumer Banking division. Investors are optimistic today. The rbs is closer to resolving these
Barbie girl for throwback thursday. Good morning. Im sara eisen. Im wilfred frost. Good morning to you from me as well. Throwback thursday, and were throwing it back with onehit wonders. Thats unfair. Im sure they came back with a second one. Im sure you knew it. I dont think they did anything else. At least one in the uk. Lets check in on the Global Markets after that big reversal yesterday in stocks where the dow was up about 200 points, we were sitting there and tlen it clothen it closed lower. A number of factors, including what cramer called the equity bad mouthing, saying how some see stock prices overvalued. The yields were kind of in search for direction all day yesterday. A bit lower this morning. 2. 34 is the yield on the tenyear. That was after a strong adp report on private sector jobs showed 263,000 added during the month. That was sort of weighed down throughout the morning by sentiment and by the fed minutes. I think worth talking about the minutes in more detail because
Looking overnight in asia. The nikkei droez edclosed down. The hang seng down. The shanghai was up 0. 3 . In early european trading, the dax is down. Down by 0. 4 . Ftse is off by a half percent. If you look at the tenyear yield, continuing to watch that yield below 2. 4 . Yesterday 2. 352 . This morning it looks like the tenyear is yielding 2. 357 . Crude oil prices, which have been above 50 over the last several sessions are up once fwan th again this morning by 3 cents. Some Market Movers yesterday. A lot going on. Really demonstrating how sensitive the market is shethes days. Paul ryan suggesting tax reform could take longer than expected. The possibility of tax reform did you forget your contact lenses . No, no the possibility of tax reform has been a big issue on the table. The house Tax Oversight Committee is planning thearings in connection with the tax reform. No sound bite . No sound bite. You went right through it. Was there a sound bite . There was. Lets get the sound bite