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June 29, 2024
Coming up later on the program prepares to mark the 25th anniversary of black wednesday. That is Norman Lamont at 9 30. Lets get straight to your data check. Quite a lot going on in the markets. We are seeing a little bit of risk off. Stocks are mixed in europe. Edging lower and then going higher. What investors are nervous about is north koreas latest Missile Launch, raising geopolitical risks. Gold and yen showing markets are becoming immune to the provocation and diplomatic reaction. There is...
June 29, 2024
Happens. We are going to see what happens with north korea. We are prepared for numerous things. If something can happen where we negotiate, i will always go for that. That if it is something that is going to be other than negotiations, believe me, we are ready, more than we have ever been. Thank you very much. Thank you, thank you. President trump outside the white house a few moments ago. He is taking a helicopter the secret Service Training facility, speaking to trainees this afternoon. He wa...
June 28, 2024
Anna a very warm welcome to bloomberg daybreak europe, our flagship morning show from the city of london. I am anna edwards. Manus i am manus cranny. We have breaking news from one of the big banks in europe. Underlying profit comes in at ¥650 650 million euros. If you want to see a buffer of capital, these guys have got it aplenty. The underlying cost to income ratio, this is going to be good news for the market. It comes in at 60. 2 . This was one of the concerns at the end of the year. Their...
June 27, 2024
And breakup paints. A hard brexit could hit manufacturers profits i is much as 30 . We will speak to the author of that report. Matt let us take a look at futures. A half hour of a halfhour to go and we are seeing a mixed trade. Ftse futures pointing down all morning long. Up now withopening a fluid mix. 0. 2 . Tures up and you see euro stocks unchanged. I am looking at toyota motor. Just coming across with earnings. 4834. Ing profit at theymates at profit are lifting their operating 1. 7ook for...
June 27, 2024
You. First thing is first, we always check the markets. On whates us guidance investors think. The Federal Reserve continuing to drive a rally in the dollar. Asian shares falling, u. S. Equities higher. The topix finishing at the highest since december 2015. Yen was lower. Tokyo shares jumped after the dow at 21,000. Little bitocks a unchanged after closing at the highest level in more than a year yesterday. The dollar extending some of these gains after brainard became the latest fed official t...
June 27, 2024
Frederick dear in a little bit. Markets, to get you ready, futures just a little bit softer. Down 1 10 of 1 on the s p 500. The euro is weak or by 1 10 of 1 and the treasuries on offer for an eighth straight day. Yields up. Alix it is not even a basis point. It is sterling that is the story for me. The downside off 4 10 of 1 . Not waiting for that u. K. Budget. Gold is slightly lower but not picking up steam. Now it is down by 1 . Not necessarily supporting the oil price. I jon want to pick up o...
June 27, 2024
Days, brexit, and global banking. This is bloomberg surveillance. Im Francine Lacqua in paris. Mark barton is in london. Im here at the j. P. Morgan Global Markets conference and we have some great guests lineup. Where going to speak to alain minc. We also have jeanClaude Trichet , former president of the ecb, and we also speak to the publicis ceo. We are the focus on france. I know theres a lot going on in the markets. Tell us about it, mark. Mark counting down to the culmination of that meetin...
June 27, 2024
They havent seen proof of trumps claim that his predecessor kept his phone. Senator john mccain spoke to cnn. The president has one of two choices. Either retract or provide the information that the American People deserve. If his predecessor violated the obama, weve got a serious issue here. Thank you. According to abc news and the associated press, the House Intelligence Committee gave the Justice Department until today to provide evidence backing up President Trumps claim that president obama...
June 27, 2024
Classes for you. Futures in the United States, the s p 500 on a three day losing streak. Look at the euro. 1. 08. The politics, the risk diminishes a little bit. A confluence of different pressures taking us there. Alix part of that has to deal with the new pressures. The pound, look at that, 1. 24. That is up 0. 8 . Gold is going nowhere. It is treading water. Crude oil is up about 0. 6 . Jonathan we start with the French National debate last. Macron and le pen coming out on top. Our Deputy Eur...
June 27, 2024
Coffers were looking at politics in the u. S. Firmly. This is what the data is telling us, you can see stocks in Europe Holding high. A global rally pretty much saying the same as yesterday. It did pick up speed a little bit. Concernedares were about what is happening in north korea with the artillery drills but that also did little to ruffle financial feathers. Gold down a touch as well. Riskonn the mood mood. Donald trump calling for tax cuts to individuals and lowering the corporate rate 15 ....