Guy our flagship morning show right here in the city of london. Matt matt miller berlin. Great to see you. Manus much safer in here. Propensity for the wind and guests me off the roof. We are back in the bond market, friday morning standing on a new stop when the rooftop with the news came through. The bond yield dropped below 230. We made it back through this trade friday. Back down below 2. 30. 74. 87 for the band bond analytic guys up there. Prisons has been with bloomberg this morning. More of that. He seemed more confident, besides of the Balance Sheet that he wants to get it to. Yields have risen again. Wondering what he is going to say to the russians this week. Today. Collectors theres a whole other world out there that has become more positive. French Government Bond yields are up tenfold. German indie positive territory. A number of risks to this market and the foreign bond get that could add more pressure. One of we take a look at the risk radar . Not looking so risky except
Management urges bhp billiton to unify in australia. And slashing staleys salary. The barclays board decides on an very significant pay cut for the ceo following a whistleblowing probe. Will regulators go further, matt . Matt interesting breaking story that we will continue to follow. I want to take a look at the half hour to go until european open, at what futures are doing, at what the other risk assets are showing us. It looks like a risk on day to some extent. We see futures rising, although not huge gains. The euro stocks 50 futures up, more significant gains in london and frankfurt, not so much in paris. But if you take a look at bunds, it looks like investors they had been selling off german debt, and that push the yield up at the beginning of session. They have been buying at the route the first half hour of trade. You can see the trend here is risk off. If you look at the other asset classes, you see a risk off signal from the asian trade going into european trade as well. Guy
Warships to the royal navy . Were going to talk to john parker who has published on the matter today. Less than an hour to the european open. Lets take look at futures here. Slight gains in futures after the big drop that we saw yesterday and the cash trade of and is unchanged as the kak the dek as well. Keep your eye on commodity for the direction of the market. Its a big future coming through on the g. M. M. Greece coming off of its recent great run. The dollar inching today i dont think its going anywhere. I think its wasting starting to get their arm around. 1 . Euro is down. 210 of weve got austrian vote coming he referendum come coming up. We are watching spread widening across europe. That is definitely a future. We are seeing some of the more core countries. Weve got yields dropping. Belgium moving as well. Another big move in iron other very volatile right now. So well get his take on what has happened particularly on the coal market. Plenty to think about. Heres julian. The s
Bayers choice. Bed. Nto rejects the rejects the bid. Where less than a half hour wait from the European Equity market we are less than a halfhour away from the European Equity market open. Your stocks up. We are pulled up another percent this morning. Equities overnight in asia doing very well. I was looking at the hang seng index in hong kong. It was up by 2. 5 standard deviations above the mean. Doing incredibly well. The dollar showing a little bit of weakness. The oil showing gain. That should give some more boost to todays market. Lets get to first word news amin. Aslinda haslinda italys biggest bank. That is after assets to improve capital lost the support of investors. He will depart once a successor has been named. He and the board agrees there was a need for a management change. Bayer says it is still optimistic that its pursuit of monsanto will succeed, despite the 62 billion bid being rejected. Offer syrizaare undervalues the company. Monsantos shares grows in new york. Baye
European financials actually face . They are less than half an hour away from the European Equity market open. Good morning, caroline. Lets talk about where we think this story will go with the equity market open. Go to the wei function. Faire down by 0. 5 on the market value. I would say,. 4 on average. I want to talk about Something Else for just a moment, and that is what is happening in terms of these headlines. You can kind of understand why, that you need to take the next step. And the next step is a really important one. 00 is a global1 index, and this morning i priced it in euros. In euros, we are down by 9 . In japanese yen, we are down by around 20 , but that could be a different story. Lets talk about the 250, because this is an interesting story. 250 is terms, the ftse down by 18 , folks. The pound has been absolutely backwards. This is the way you need to see the market. I would argue not to follow these headlines, to put a positive spin on the ftse 100. Because, lets face