Monte paschi get more time to complete its Capital Increase . And finally, when court and Qatar Sovereign Wealth Fund join forces to purchase an 11 billion stake in rosnet. Is Ivan Glasenberg back in deal mode, matt . Matt absolutely fascinating story, that. Of course, Global Markets are going to be captivated by mario draghi, but it what deals are going on in oil. At 1 45 p. M. Local time in frank for and at 2 30, when he holds his press conference. The three main things to Pay Attention to from draghi will be number one, how long does he qe program and how much will he spend . Will the hold out 80 billion euros a month . How will he buy bonds in countries where he has already reached the limit . He will hit the limit in germany by midsummer at this pace, which he will if he extends at the rate he has been buying so far. Number three will be, how will he taper . When is it going to start . How will the pasth be, shallow or steep . Investors will be looking at all of that very closely.
Brexit and the bank. Mark carney is back in brussels. How hard willie how hard will he hit the league camp this time . We are a half hour away from the european open. How do we think ands or shaping up . How do we think things are shaping up . 3 here in europe. The euro stoxx are down three. 3 . We finished in negative territory yesterday. Eurodollar, keep an eye on what is happening with the dollar. It remains a focus for investors. The dollar getting a little bit of traction. Brent trading come still 4794. Gold trading down and 3 . Trading down. 3 . Keep an eye on what is happening with the turkish lira today. We are going to get more information little later on. What is the future on one of the moderate reformers . We will talk about that later. Thats get you caught up. Here is bloomberg first word news with Juliette Saly. Juliette china may need a bailout worth trillions of dollars. That is according to an analysts. Of the risk from chinas credit binge. She cautions that beijing wi
David and how is he going to pay for it . The United States is a little bit behind the u. K. They are on their second female Prime Minister. Alix glaxosmithkline ceo andrew witty and tom fanning will join us to break down all their earnings. I turn to you and say it is all about fx. Jonathan what captures risk sentiment that are then dollaryen in the fx market . Tn back with a 105 handle. Firmer, apple helping do that in the United States, and equities firmer in europe as well. Fifth straight a day of losses for crude, down 244. 37. Down to 44. 37. You might forget that today is fed day. A lot to discuss. Alix what matters more, the boj or fed . Lets check in with our Bloomberg Team for indepth coverage of all of our stories. Carl riccadonna on the fed as it wraps up its policy meeting as well as Matthew Cantor men on in europe aschael Deutsche Bank signals deeper cuts, and megan murphy in philadelphia. Jonathan lets begin with coverage of global Central Banks. We will have a more inde
Most influential summit taking place right here in our european headquarters. We are about to hear from the Deputy Government at the bank of england. But first, here is the bloomberg first word news. Ted losses on signs saudi arabia may compromise with iran. The Countries Oil minister gave the strongest indication the kingdom could reach a deal in november. U. S. Government data is forecast to show inventories increased by 3 million barrels. Deutsche bank shares are trading high after it agreed to sell its u. K. Insurance unit to phoenix group. The ceo has told the newspaper that capital is currently not an issue. And accepting Government Support is out of the question for us. The government has come under increased pressure. Payl bank of scotland will claims iton to settle sold faulty Mortgage Backed securities to u. S. Credit unions. The agreement closes lawsuits filed on the half of two credit unions. Rbs has not admitted fault and says the cost is covered by provisions. Two Senior
Showers and storms that stretches west of the mountains to kentucky, tennessee, moving ahead of a cold front. So you can see by the way they are spaced, these are isolated. Later tonight we will see a concentrated area of rain and thunderstorms. We think by tonight when the showers arrive maybe a rumble of thunder but more steady rain. Over the next couple of hours any of the isolated activity could have strong gusty winds and even hail along with the torrential downpours. Future cast, i will leave youer here. The pattern to repeat itself in the everything and overnight with more period of rain. Overnight through tomorrow morning and the day as well. Any more advisories and warnings come out we will get back to you immediately. Maureen of course, you can track the storm every hour on the storm watch app. On any of the social media platforms. Leon . Sorry. We have breaking news of a Murder Investigation in brandywine. In the last 30 minutes, Stephen Tschida arrived scene in mobiletrak7.