Themarket has discounted positives and of the negatives of trump toss collection. Trumps election. Vonnie looking forward to a lot of that coverage all day. In the u. S. We are about 30 minutes into the trading session. Sa next trading action abigail mixed trading action. The dow opened lower. The week is relatively young but the dow was on pace for its second weekly decline. A little bit of a bearish trend that as you can see both the s p 500 and the nasdaq are trading slightly higher fluctuating between small gains and losses. We are seeing a continuation of the lack of conviction that is marked trading action for u. S. Equities in recent days. When you take a look at some of the havens we have seen a haven been more recently. We have the 10 year yield trading higher marked in red telling us the safe haven bonds are selling off a bit. Yields rising helping the dollar index up. We do have the dollar against the yen rally. We have gold trading slightly lower if that stays that will bre
Printing theresa may meets she will francine give her first interview of the day right here on bloomberg at 4 30 london time. Trade and business, we speak to the u. K. Chancellor of the exchequer in that interview is coming up in the next hour. Plus german reaction to the ecb pick to the ecb. Manus welcome to bloomberg daybreak europe. Its our flagship morning show right here from the city of london. Francine lacqua is settled in for a long and hopefully joy enjoyable ride at the World Economic forum in davos. Another day of great guests. Youre going to kick it off of the little bit more of a swiss labor to todays agenda. Francine its certainly very cold but we will bring you some pretty good interviews to figure out what 2017 has in store. We will speak or to the we will speak to the chancellor of the s checker and we will speak of the exchequer and we will speak to theresa may. In the postbrexit, once they start negotiating, what do you do if you are a ceo . Do you start planning now
Euro may not survive. Can draghi continue to do whatever it takes . The ecb meets today. He Deutsche Bank is set to continue job reductions even after cutting bonuses for senior staff. Francine switzerland, theresa may mates anchors. Her europeter speech. We will hear from her right here on bloomberg at 4 30 p. M. London time. A brexit exit is. It is preparing for the u. K. To leave the eu. We will be speaking to avoid like fine. The german reaction to the ecb finance minister, speaking to bloomberg following the Central Banks decision. Welcome back. This is davos. It is a day earlier. Aam delighted to kick off conversation on real estate. We just look to the u. K. Chancellor, Philip Hammond. We were trying to figure out what brexit for job losses. One person who is watching this changing of the guard. Cofounder of soho china. Thank you for joining us. You have great global perspective and you give us a unique insight into the chinese market. How do you see real estate going around the
York fed president bill dudley will speak. And the u. S. Equity futures at this hour looking down. The dow is going to open down 42 points. The nasdaq down 16 points and the s p down 6 points. In asia the hang seng is down. The shanghai composite is also down. The nikkei is marginally up this morning. European equities at this hour are also in the red across the board. Again, well call it marginal for now and take a quick look at wti crude. Were looking at 50. 20. It has come down a little bit but hasnt cracked the 50mark in terms of a downward pressure. If you feel like the s p has not done anything for four months, you would be correct. Yes. Nothing. Nothing. Just as flat as can be. Now the things that trouble me. What troubles you this morning . What troubles me is our distance. Thats a whole other story. Politically, fphilosophicall and in the meantime, it looks like something could happen. Good or bad. Which is its good. I remember when you built the wall, remember that . Im going
Agreement to cut Oil Production and russia will not attend the meeting. Saudi officials uploaded the idea of not reaching an agreement at all. Iran says they will produce more, while the iraq minister says hes optimistic. Bearish on bonds. The trump dollar rally is stirring up emergingmarket bearers. The most irish the most bearish for the year, caused by the collapse in Commodity Prices in china. Donald trump announced just this morning he will nominate congressman tom price for health and Human Services secretary, this has retired David Petraeus is considered for secretary of state amid open infighting among who to pick for the posts. That is what you need to know. Will kennedy, managing editor for middle east and africa, coverage of energy, joins us from london. At this hour, what do we know . We know that less than 24 hours from the meeting, there are still significant disagreements among opec leading members. Saudi arabia is insisting iran raise the structure and iran [indiscernib