Sees them delivering on labor reforms despite a drop in the polls. Confident that this is the team we need for france, for the business, for the economic recovery. Anna a warm welcome to bloomberg daybreak europe. Were here in the city of london. Manus the europeans are dealing with one problem which is a strong euro. Whole otherve a problem to deal with, a decline in the value of the euro. , back tot back in time october 2016. This is when mark carney last noted that the bank of england is not indifferent to the Exchange Rate. Weve had a rising clack of voices calling for parity. Saying sterling is looking for catalyst to bring the negative trait value of the pound and as you can see, were gravitating back to this critical level for mark carney and the bank of england. Were not the target of the Exchange Rate mark carney said in october that were not indifferent to the level of Exchange Rate. Putting the move in the market in the pound very much in context. Orther its going to draw al
Speech this morning. And alibabas ambition. The chairman tells bloomberg the Company Needs to embrace a to globalmindset expansion. Matt less than half an hour from the start of stock trading here in europe. We are already trading bunds. Futures down across the board. You dont see a lot of enthusiasm for risk assets there. If you look at bunds, you see a little buying but make change ofs screen to a oneday shot what has been stuck in a tight range. 0. 407. Still at just a tiny bit under where we were at the close yesterday. Arent really moving, equities arent really moving. In fact, from the korea story, it doesnt seem like anything is moving. It is still the bank of england pushing markets around a little bit. Guy i think the market had anticipated we would get this missile fired at some point. We thought it would be last weekend, we got a risk rally round of the fact it didnt happen. The market got used to the idea and when the missile was finally pushed into the air, as a result, we
Rescues three days after that deadly earthquake it is a race against time in mexico to find survivors trapped underneath all that ruble. From the picket lines to the classrooms bell will ring in one School District this morning, following a nearly week long strike. Allentown a very good morning 5 00 oclock on this friday, tgif, im Thomas Drayton karens off this morning. Sue, yesterday was last full day of summer, right. Right. What is disturbing is this picture that were starting to see on lawns all across the area. I know. The question, is it too soon for halloween decorations you know, would i use october 1st as my line of de mar case but that is just me a lot of people just cant wait. If they started in the stores, dont you . It was all in the stores for months. I went to a Holiday Party last night, christmas, it was a everything is happening so early this year im getting a headache. Get ready for the season. Right. It is a 10 out of 10 today. It will be autumn later on, i mean tech
White out. If you can put some white out. Will this come out this wont mess up your shirt. It is already messed up you can wash it. Where is it. Do it where ever it is you turned the other way i was following your lead. Last week he he had another stain. Weekend of the Washington Redskins game so lets make this a tradition. This will take a while. Who invited white out. The michael of michael nes man of the monk is. You know how it is to find white out because we dont have paper and typewriters anymore. Okay. Sue, another 10 to day. Lets see, sit a 10 today. Let me press the right button, 10 with leaves. Oh, yeah you know what is happening later on . Autumn will begin. Temperatures in the 60s and 70s, buddy excited about the eagles game as well. Only need a short sleeve shirt today, already in the 70s in philadelphia, northerly breeze at 9 miles an hour, jose still spinning off shore. There are showers in southern delaware, at lee there were earlier as a result of the being on the very
Settlement cycle and it has also become the first in the region to permit short selling. We spoke to the c. E. O. Of the middle east biggest equity market. What i would like to see is the growing number day after day and year after year. We have an ownership limit of 49 and wed love to see a few achieve that level. The other big theme has been ipos and were hearing whispers of more Family Companies considering ipos as well. How many ipos are you looking forward to in 2017 to bring liquidity into this market . Well, today after launching the Second Market were looking at ipos from two different sides, offering two platforms for listing. He main market and nmo has been very active as expected. It has been granted approval 20 we can say that at least Saudi Companies have fired their Financial Advisers. We see a very healthy ipo pipeline on the market. Out of those 20 are there more Family Offices considering ultimately the thinking was it has encouraged more of the private companies to co