Adjustment earnings. Havee battle for strength top hundred 84 a share in at ts bid and verizons bid before. They have a huge spectrum. It is all about 5g for these players. Jonathan Emmanuel Macron scored a decisive victory over Marine Le Pen. 60 of the over votes. , guyng us now from paris johnson. Fantastic reporting yesterday. The job for Emmanuel Macron. Talk to me about what he needs to achieve over the next month to make sure he gets something out of those parliamentary elections. This is just one piece of the puzzle. Presidency a major leap forward for him and his political ambition. It is only part of the journey. He needs to carry the momentum into the massive assembly. He needs to be able to deliver the policies he has talked about. I think it is going toi think ie interesting politically. The Prime Minister effectively is going to run the domestic agenda and people are talking about that he needs someone little bit rightleaning. He needs to bring in some people from the righ
Department of justice is responsible to congress. Mark european equities, just under 30 minutes until the finish of the session. You know the function. Macro movers come equities on the left. Look at the ftse up by one half of 1 . Nine Straight Days of records, that is a record run. Those are the currencies that are falling. The euro and pound against the dollar, today, sterling earlier falling below 1. 21, 123 is the key level which we will explain. Bonds, commodities, your final three columns. Corporate news, valiant Pharmaceuticals International agreeing to sell three skincare brands to the worlds biggest cosmetic company, 1. 3 billion. It wants to pay down the 30 billion in debt, that is valeant, embroiled in scandals about his drugs high process and regulatory investigations. Loreal paid a high price for the brand to challenge nestle in medicated skincare, the largest category in the cosmetics industry, accounting for more than one third of the global market, loreal shares down 4
Mark have a look at where european equities are trading. Green. Of equities in the left column and stocks rising. Volatilityl getting intraday for 10 consecutive days. Thats something that hasnt happened in well over two years. Look at these currencies are rising against the dollar. We had a big spike in sterling in the space of literally one minute. Sovereign bond deals are falling. Individualsome movers, this is the big decline or this is a u. K. Company that makes plastic caps and cigarette filters. It cut its operating profits forecast and says trading and components solution is in line. Performance of high Protection Technology remains subdued. On junea company that 9, shares fell the most on record after warning fouryear profit would be lower than expected due to the likely loss of a larger order from a major tobacco company. Shares getting hammered today, losing 1 5 of their value. I thought we would look at Recruitment Companies because hsbc has a raised recruitment hold. Ies t
Beijing prodding may have reversed much of the week’s equities market pain, though I doubt positive sentiment will return anytime soon. Click here to read a weekly update.