Wirecard withdraws results, assets missing 1. 9 billion worth of cash. Quality doesnt exist. The group says it is in discussions with lending banks. That has got to be the most stunning headline i have probably ever read. I dont know. Ill have to refresh my memory. Weve got a debate. Jpmorgan says get more selective. Howard marks has done the anatomy of a rally and i think we have gone from flawless to hopeless and back again in record time. The question howard asks is, are we being passionate enough about weighing the risk . Good morning. Nejra good morning, manus. We have been looking through what jpmorgan has been saying, investors getting more selective in the second half and i found the comments from jpmorgan interesting, especially when we look ahead to the potential for yield curve control, there are some asking questions whether it will be a buy everything rally but jpmorgan dont think it will be, do they . Manus they dont. James athay saying fill your boots with everything. Jp
First time in years. And the fed the ecb cuts funding costs. Boris johnson pledges a lockdown exit plan. Welcome to daybreak era. As we head into may, how about these markets . 1987. St month since u. S. Equities. U. S. Jobless claims yesterday, the you want to focus on the unemployed or the fact that the claims have been decelerating for four weeks. We saw a red on the screen yesterday. More than 1 . Own a lot of markets closed. In asia, japan is open. Read on the screen for japan. Many are closed but ftse futures points to a down day. Risk off across the markets. Dollar strength coming through on the bloomberg dollar index. Oil is an outlier in terms of the risk picture heading for a monthly gain. Coronavirus,o the u. S. Coronavirus cases recorded the slowest daily increase for the month of april. Resident donald trump will theel to camp david for first time leaving the white house compound for more than a month. The president is preparing to resume travel and reopen the economy. Yor
Scenarios. Nejra unicredit shares close emerges as theo top contender for the top job at hsbc. Nejra welcome to bloomberg daybreak europe. Overnight, we learned allianz will buy back 1. 6 billion in shares. Allred headline is saying youngs sees operating profits of 11. 512. 5 million euros. The estimate was 12. 4, so that is in line with what was expected. Revenue is a beat on that number. Areyear operating profits 11. 86, the estimate was 11. 7. We will be looking out for a potential positive rebound in the solvency ratio, which is something that showed weakness in recent quarters. Update already had the on the buyback program. We learned the Program Starts next month and runs through december. This is part of returning capital to shareholders because the ceo was unable to pull off big deals he was looking for. That is something we will discuss with the cfo later in the show. Dont miss that interview at 6 30 u. K. Time. We saw records in european stocks on wednesday, but since then, i
Silly. I am honored to represent detainees reagans before the media no other American School of irish roots. There are fifty thousand undocumented irish meaning in the United States because of their status. They are on a boat returned to ireland to visit Family Friends and neighbors Immigration Reform initiative in the us centers for the us house of representatives is a renewed opportunity to transform the start line. My great grandfather left here in time of stress. Seeking to better himself and his family. So many irishmen and women from every walk of life played a role in creating the three of them. Im certainly proud to be part of the great Irish American tradition. O bond between our two countries runs deep and strong and im proud of the year. In recognition and celebration are times that by. The irish tommy for Immigration Reform and all of Irish American hope that the laws and life with and who was living in the shadows to reach their potential tension between the United States
Off, im Rick Williams and the big story on action news is breaking news. Vicious murder of a 50 yearold victim. Action News Reporter chad pradelli has details from the scene in north philadelphia along the 2500 block of 19th street. Reporter were here at 19th and cumberland and shooting happened around 8 30 tonight. Heres what police are telling me happened. Victim was halfway down block when three men in their late teens, early 20s, walk up and fired at a man point blank range. That victim was hit multiple times including once in the head. He was transported to Temple University hospital where he was later pronounced dead. Motive is unclear at this point but police do not believe robbery was the the motive because the victim was fun to have over a thousand dollars on him. Now, we have several witnesses that are in route to homicide. Fortunately, we have found some businesses in the area where the shooting occurred that do have external surveillance camera. So, hopefully these cameras