Watching from asia. Welcome to bloomberg surveillance. You are just getting that decision from gorgeous norges, this is an interesting rate on how to set Interest Rates. A hawkish stance because of weakness in the national currency. But given the rest of the world is much more dovish and weaker President Trump putting pressure on the fed to cut, it is interesting if you are one of the lonely banks out there that wants to hike. Overall, european stocks are unchanged. , which gave sold much fear and anxiousness on the markets, currently stabilizing at 2. 01. Will have extra checks throughout the day and more on the inverted yield curve. Coming up, axis of conversation with Philipp Hildebrand, the blackrock vice chair. And exclusive conversation with Philipp Hildebrand, the blackrock vice chair. Lets get straight to bloomberg first word news in new york city. Warren buffett has upped his wager in amazon. Hathaways stake in the ecommerce giant rose 11 in the Second Quarter. It is now value
Subsidiaries in the massive corru ptions scandal surrounding the state fund. It isa it is a bit ofa it is a bit of a negative picture gcioss it is a bit of a negative picture across europe on the markets at the start of friday, all the benchmarks edging into the red. Its been a busy week in Business News with everything from bas system meltdown to the slugfest between uber and lyft making the headlines. Our correspondent theo leggett will he here to help make sense of it all. Also, Deutsche Bank is cutting some perks for workers outside germany, like rolling over unused annual leave. Today wed like to know, what workplace perks are most important to you, and which would you most hate to lose . Let us know just use the hashtag bbcbizlive. Hello and welcome to business live. Let us know about those workplace perks. Welcome to the programme. We start with big tech, which is under the spotlight today, with leading firms summoned to the white house for a meeting on curbing violent online ex
Nevertheless, stocks are rallying, the s p 500 back above 3000. The dollar index almost reached 99. It is still a lot stronger but it is trading at 98. 61 now and that is having an impact on other Asset Classes like crude oil. Gold as well coming off a little bit. Some of the stocks that are moving in the s p 500, Restaurant Brands and Food Companies continuing their outperformance. Kellogg up more than 10 . Also yum brands had better sales. Performers in the s p 500 are performing very poorly, losing almost a quarter of their market capitalization. Analysts saying there is nothing left right now in this company. Problem withhad a its drilling wells. They space them to close together in part of the Permian Basin and they have to get rid of some and that is causing serious issues. Guy good stuff. Governor mark carney says he is less confident about the economy amidst a no deal brexit. Since may, global trade tensions have intensified, little activity has remained a no dealhe idea of bre
It on repeat it is thursday the 18th of july and fbn am starts right now. That song annoy you yet welcome to fbn am dont be annoyed tuesday Lauren Simonetti thank you for joinings. Rng good morning everybody. Im cheryl casone. Lets take a look at how your money is moving this morning pus futures are looking at more declines dow down 80 points and nasdaq down 12. 5 two dow stocks do report today United Statessed health and microsoft. Despite concerns from investors theyre gearing up, of course, for next fed meeting were looking for that rate cut as you can see right now on the tenure, unchange. Taking a look at oil prices comments foreign minister that u. S. , quote, shot itself in the foot by leaving the nuclear deal oil is at 56, 64 a barrel. Worries about global outlet for earnings, of course, trade concern are already there. This is how stockses are trading this morning in europe red arrows across thed board. Escalating there. To the top story this morning the president waste nothin
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