Gap with its peer group . Unfair and punitive. That is what Canadas Foreign Affairs ministers calling the lumber levy. Matt very much looking forward to that conversation considering how hot this story is right now. You look at futures. We are looking at slight gains, the price looks better on the wti screen. After little gains yesterday, they jump on monday. We are looking for gains again today. Check out the bund spread from treasuries. 96 going back to 1999. If you zoom in since then, you can see that we have come down substantially and we are now down below 2 again for the second time. The spread is getting thinner between buns and treasuries. Guy whether we will see that tighten up significantly, it is something we will watch carefully. Money is flying into European Assets right now but mainly equities. We will talk about on throughout the program. New zealand up nicely overnight. The nikkei up 1. 1 in asia. Many of the European Markets strongly bid. Off itsnese yen is highs. Why
Credit suisse. Mark barton in london with your data check. Mark looks as if the fiveday winning run is sputtering or stuttering. Choose your word. Down by 0. 1 today. The stoxx 600 boosted by results of the firstround of the french president ial election on sunday. The optimism is among investors that Emmanuel Macron will emerge victorious. Eurodollar, weve been as high as the november high yesterday, just crossing 1. 09. The recent rally also spluttering, stuttering, or spluttering. German 10 year yield was at a end of march high yesterday. Yields creeping up in germany and across europe. Towardsd a propensity riskier assets this week in the wake of the French Election. Nymex crude, big stockpile data today. Down by 0. 3 . 49. 39, francine. Francine stockpiles really in the last couple months have been able to change. Now, mark, lets get straight to the bloomberg first word news. Heres nejra cehic. Nejra donald trump is set to propose a 10 tax on more than 2. 6 trillion in earnings th
Focus, warning that the central bank has limited tolerance for rising prices. Cpi data due at 9 30 gmc. Francine and live from the World Economic forum in davos, switzerland the future of finance. John cryan joins our debate about the transformation of the industry, do any moment. And in european banking, we will be speaking to the Credit Suisse ceo. Dont miss that exclusive interview at 9 15 u. K. Time. Stealssident xi jingping the spotlight, with his first speech ever at the forum. Lets get back to the World Economic forum in davos, with bloombergs tom keene and his panel on the future of finance. Tom if you dont make it every 90 days, the world falls apart. We have a panelist to provides us with a terrific historical committedwho has been to acquiring for the United States of america different pieces of our heritage and history and possibly understands the 1930s like no one in the room, and certainly a political moment we are in worldwide. Finally, we have a panelist to full disclos
Bloomberg it is considering options. Rishaad another official enters the race debate. Uncertainty might mean only two hikes this year. The earnings season. The banks are in focus today. Storyg possibly at a big as more people look at the glass as being halffull when it comes to reflation trade. Haidi if the impetus is u. S. Stocks we seem to be taking that and running with it. Seeing a rebound when it comes to japanese markets. Changes, from donald trump would be nice to have rather than must haves. Something the markets are digesting right now. We are 30 minutes away from the chinese and hong kong open. At howtaking a look things are going. It looks, from donald like investorsnice to are running with that glass halffull idea. We have stocks in taiwan, and malaysia coming online in the green. Malaysia snapping a fourday drop to add 30 at the open. We do have Southeast Asian onrent sees the ringgit the retreat today. The thai baht is down 0. 2 in the korean one also down about 0. 2 as w
A 72 drop in profit as it faces challenges in the up and down stream businesses. Good morning, i am here in zurich. We have a lot of earnings to go through. And markets are on the move. Euro area Economic Confidence rises a little bit. It is the backdrop of Central Banks struggling with their monetary economics. There are some pretty good numbers going on. We have a great show today. Zurich,ith francine in with what the fed is m doing in washington and what people see from the bank of japan this evening. Now, to the first word news. President obama made his most forceful case yet for Hillary Clinton. He offered a stirring endorsement last night. President obama and that is why i can say with confidence, there has never been a man or woman not me, not bill nobody. Nobody more qualified than Hillary Clinton to serve as president of the United States of america. Clinton joined the president on stage after the endorsement and they left to loud applause. Bloomberg is the parent of bloomberg