sure we do not get hit on the revenue. nejra: welcome, i am in for francine lacqua in london. the stoxx 600 gain, largely lifted by oil and gas after those earnings from bp. . the stoxx 600 overall coming in a little soft, off by almost .2%. speaking of a turnaround take a look at the aussie. this as the rba governor takes a neutral stance say downside risks have increased. jumping aftern or the fourth measure was announced to the increasing concerns about tightness in the market. lots of dynamics, but coming up, we have a special interview. a ceo joins us for an exclusive interview. let s get the first word news in new york. the u.k. governments could be planning to the late brexit, that is according to the telegraph, reporting cabinet ministers to secretly discussed plans. killing moving 32 billion euros of assets the germany. the goal is to keep operations going amiss uncertainty. kaplan says he is waiting for clarity on the u.s. economic outlook before supporting fu
u.k. s supreme court, with 11 judges to hear the government s case on triggering brexit. manus: you are welcome to bloomberg s daybreak europe, are flagship morning show in london. good morning, i manus cranny. all eyes will be on the bond and equity markets, and the currency market. the world wakes up to its third political dislocation in as many as six months. brexit, trump, matteo renzi. what happens next in the bond markets will be critical for the policy of the european central bank. this is italian market calm before the potential political and market storm. paul krugman is trying to gain a possible euro prices. what you have is 10 year government bond yields, the best rally in as many months. we ve rallied nearly 20 basis points. the spread against germany widens, with action down now 160 basis points. will we retest those wide areas? the risk premium for holding italy, of what happens next, of who is the next leader of italy, is what s going to play out in global ma
you are welcome. this is the pulse. where life from bloomberg s european headquarters. wellp, what we have we have a feast. we hear from the former co-chief executive of deutsche bank as he is interviewed by john micklethwait. in about a half-hour, i am going be speaking from the speaking to vittorio grilli. we have an action-packed the pulse for you. thatgross who predicted u.s. equities have another 10% to fall. another leg lower. investors should sickout the current volatility. there is no doubt that there was full of tilting which indicates there is a move in markets. investors should continue to have a risk off posture. what does that mean? that could mean larger amounts of cash. that could mean higher quality investments. in terms of bond market, more treasuries and more duration than you normally would. manus: that comes as goldman sachs warns there is a chance that federal reserve will delay well into 2016 or later. factoryoured german data printing this morning.