Results. And what is the Strategic Plan at commerzbank . We are joined by Stephen Engles later this morning. Manus it is germany, it is commerzbank, they delivered just shy of what the market expected. 3 billion euros in term of revenue, the market penciled in 2. 14. Of course, Deutsche Bank and commerzbank, the deal floundered. Who will come in and swoop in . That is the question in the market. Fullyear net income targets are significantly more ambitious, this is a rerating of expectations on this guidance. Significantly more ambitious net income comes in at 1. 27 alien for the second billion for the second. Guiding higher underlying revenue for the previous year. We will have a conversation with commerzbank a little later on. Nejra, you have got unicredit. Nejra yes. Second quarter income the red headline, coming in a little bit soft on the Second Quarter. It sees fullyear revenue at 18. 7 billion euros. 19. 07, sote was again, coming in a little light in terms of its outlook for ful
From europe and the u. S. Here are your markets. We are seeing a little bit of flatlining for european stocks. Try to figure out exactly what will happen when President Trump meets with president xi jinping. The u. S. 10 year yield is holding just about 2 . Brent at 66. 34. We are seeing a big move with gold. It is the last trading day of the month, so watch out for any volatility. What marlon is doing merlin, announcing a couple of private equities were learning at the company. They are the owner of madame tussaud, amongst other entertainment things in london. Coming up, more from our exclusive interview with the the with the fran San Francisco fed president. Lets get straight to bloomberg first word news. Ifit is too early to know the Federal Reserve should cut rates, according to San Francisco fed president mary daly. They are widely expected to cut in july. We spoke exclusively with mary daly at the aspen ideas festival in colorado. If the data comes in and shows significant weaken
One case was seeking controversy seeking a right to own a semiautomatic assault rifle. Prince harry and his fiancee said how they got engaged over a cozy night cooking roast chicken. Can i say this . I have been bring in my finger i had the ring in my finger. It was just the two of us. Mark the Royal Wedding will take place next spring. Global news, 24 hours a day, powered by more than 2700 journalists and analysts in over 120 countries. I am mark crumpton. This is bloomberg. Julia live from bloombergs World Headquarters in new york, i am julia chatterley. We are 30 minutes from the close of trading in the United States and opec uncertainty is weighing on energy stocks. Louis the question is, oe the question is, whatd you miss . Scarlet Elizabeth Warren joins about ther take agency she helped to create. And shoppers are expected to spend 840 million online by 10 a. M. Today. Tells us more about the ecommerce players. Julia . Whatd you miss . 840 million worth of deals, just before brea
Legislation. Matt and mickey under the microscope. Disneys 52 billion from fox. The president of the United States has already called to congratulate Rupert Murdoch. The fcc rolls back net moving themoves, power to broadband companies. Good morning and welcome to bloomberg daybreak europe from the city of london. We have breaking news from airbus. Airbus sees no further mandate beyond april of 2019 and the coo is going to step down in february of next year. In just three months time, big changes at the top of airbus. We will continue to cover this story for you throughout the day. Once again, tom enders is going to step down after his mandate ends in april of 2019 and Fabrice Bregier will leave at the beginning of next year. A lot going on on this friday and you are going to want to watch treasuries as the tax reform debate continues. Manus told you, once a larger child tax credit. Donald trump says he is sure rubio will vote for the legislation. Treasury yields up by one basis point.
Year. Should they be able to do so without hurting the market . Markets can be of big day for Foreign Investment ambitions. 4 00 a. M. In london. This is Bloomberg Markets. I manus cranny will stop good to be here. Manus a couple thoughts. Worn buffet. He has 116 billion dollars. What are your eye over the weekend . We are seeing more of a backlash. More commentary from president donald trump. He is looking and thinking back to what that wto director general said in january. He said the risks of a trade war are looming. They never come from where you expect them to. Going back to buffet, his profit is all about the tax break he had. That is something he was a bit shaky on. He has 116 billion in cash. Well companies produce cash . It is all about railroads. He says he is in the mood to do a huge deal. 20. Lets look at the uss and classes. Manus we rose in the afternoon. 1. 6 percent. Hed up we had a two week selloff. Investors are back. They brought in nearly 60 billion dollars. Be care