serve, allowing mr assange to return to australia, his home country. i mjoined by return to australia, his home country. i m joined by our north american correspondence. looks like this long running saga could be coming to conclusion. us more. we received conclusion. us more. we received the conclusion. us more. - received the breaking news in the last couple of hours and there are so many layers to the julian assange story. to recap what you said there, it looks like he will be a free man at some point this week, striking a plea deal with the us. he spent the last five years in a high security prison, belmarsh prison, in the uk. remember, he has been long accused by the us of exposing sensitive secrets about the war in iraq and afghanistan through the wikileaks website, the whistleblowing website. and they claim it put american operatives in danger. and almost all the charges he faced, by the way, 18 charges, were under the 1917 espionage act. but he, now, this plea deal
The european markets were down a couple minutes ago. They are pretty much back up. It seems the feel good factor in u. S. Stocks have now petered out somewhat. Im looking at u. S. 10 year treasury yields, pretty much a picture of stability. The dollar off the trade bound. The dollar, gaining a touch. Coming up on bloomberg surveillance, we sit down with luca paolini, the chief strategist at Pictet Asset Management. Thewe will also break down saudi budget with the director of Economic Research at the Gulf Research center. First, lets get straight to the bloomberg first word news. Sebastian uber has lost the battle as it differs from traditional taxes. The car hailing app should be regulated. The eu court of justice ruling, think of the president sentting. British officials fear spain will threaten to veto, if negotiatey fails to with madrid. It has been in british hands since, 1713 but spain could make a claim over the land. To the u. N. Assador nikki haley is pressing other countries n
Keene in london. Tom not the chaos of yesterday. Still overnight the news flows. Historic. Stephanie baker will join us. Weve got a lot of good, thoughtful op eds, including one by Mike Bloomberg that will give some color to the emotion going on in the states. Markets are quite. Quiet. Governor carney has very stable markets. Guy he does. There are rumors doing the rounds that maybe we have got not one but two people voting for a rate hike. Tom dissenters. Guy well talk about that. Lets look at the volatility numbers. This is what were looking at. 79, alook at brent, 50. Lift in oil. Euro, little bit weaker dollar strength. Guy weve got some numbers coming out from the e. U. Inflation forecast. 2018, the headline rate. The ecbs target is at or near 2 . Its raising is 2017 euro area gdp forecast saying risks are more balance. Mirroring what we are getting from mariota draghi. He was riled in the netherlands. Next meetingin the to get to a much more neutral set of language. Tom certainly
Assertion that no deal is better than a bad deal. I am nejra cehic in london. Good morning. Lets get your markets first. We are looking at the stoxx 600. We saw a close lower after initial games, fairly steady now. See the carmakers really underperforming, down 1. 3 . The asiant happen in session. It is feeding through from the u. S. Car data we got from the u. S. Yesterday. The car sales coming in, disappointing that data. We are seeing it read through to the European Equity session. In terms of dollar and yen, we are seeing a weaker dollar. Ae yen strengthening for third day. I wanted to show you the 10 year yield on the german bund. Went down one basis point, 0. 26 . We saw a lot of demand go into u. K. And german debt yesterday. The 10 year treasury yield is fairly steady. We saw it hit its lowest since february yesterday. The 10year gilts yield reached its lowest since october. A lot of demand for the safest assets among safe havens that are bonds. If get to the bloomberg first wo
On the european stocks. They are retreating. Investor confidence remaining uncertain. I wanted to show you Retail Stocks because they are down 0. 5 . Lvmh leading some of the Consumer Companies to the worstperforming groups that make the stock 600. Stoxx 600. Halting a sevenday advance against the dollar after the japanese finance minister said that authorities are ready to act. Wan as a in the korean weak dollar boosted inflows. Has confirmed it will close certain businesses in europe and rationalize price of its operations in the americas. Tradingesearch fails, and underwriting for european japansill be shut, but largest brokerage says operations in asia will not be affected. The firm released its Strategic Plan when it reports earnings on april 27. Brazilian lawmakers have pushed a step closerseff to impeachment after her committee voted for her to go in the first formal test of sentiment in congress. The real has had a high on speculation that rousseff will b e ousted. She denies w