By 2015 nuclear deal after the killing of its top general. President trump threatens disproportionate u. S. Retaliation should tehran take military action. Aboveextends its search 70 a barrel after the u. S. State Department Warns of missile attacks near military bases and Energy Facilities. Plus, riskoff rules as global stocks trade to the downside, gold searches to the highest level in more than six years. As i said, just under one hour away not from the start of cash equity trading in europe. Futureske a look at this morning after the first couple of days of the year traded in different directions. We are now headed firmly down in terms of sentiment. Clearly, over the weekend, after the attack that we reported on friday, you can see cac and dax. 75 . S down take a look at u. S. Futures. You also see losses there, about three or 4 10 of 1 . To a veryinting riskoff open. What do you see on the gmm . Anna the gmm giving us the same riskoff picture. As you point out, we see futures sugg
Walk back of Single Player singlepayer, now planning to do it in two stages. And Pete Buttigieg is doing very well in iowa. Down 2. 4 . Guy the dollar has been dropping in relation to these comments we have been getting, both from the fed and from the president. You can see that when you look at what is happening in the cable rates. I am also looking up the bloomberg dollar index. The cable rate now up by around 0. 5 . Some of that has come in the last 10 minutes. With stocks actually reasonably soft in the session, we are moving down toward session lows. Volume is very light. What is interesting is we have not seen much reaction in the bond markets this afternoon. A little bit on the bond market, to much, 34 when it comes the german tenyear. Vonnie the president s meeting with the fed chair, jay powell, the president tweeting out that they discussed Interest Rates and negative interests. Joining us now is bloomberg our gences demeans as Damian Sassower. We hear jay powell specifically
Could be cut short. A truce could be included in a partial deal. Turkish enters Turkish Forces enter syria. President trump orders his forces to stand aside. In an exclusive interview, olli rehn reports that mario draghi ignored advice on qe, says that is greatly exaggerated and stresses the need for togetherness. Olli i value team play. If you are divided you tend to lose games, if you are united, you tend to score. Anna less than half an hour to the start of the trading day, lets check futures. Looking at some futures that suggest some upside. Keep an eye on what is going on in u. S. Futures, incredibly volatile. U. S. Futures, the overall picture does not tell the excitement of the story. Over the last three hours we 1 e seen four more than swings. A great deal of volatility. That is what the Asian Session is telling us. The Chinese Markets up 0. 7 . South korea down 0. 9 . A lot of action in the expectations or lack of expectations. Currency markets moved around by that. And the Au
I am in for francine lacqua. Lets check in on the markets and get a quick look at what is going on. Yield see an allnew low on the u. S. 30 year bond. The long bond came down to one point 1. 90 . It has bounced back, but still, that paper is weighing on the yield. You can see that across the curve. Brent crude is rising. The nymex wti is as well. It has been a rally for oil as as u. S. Stockpiles came up better than anticipated. And gold, coming off of its highs just a little bit but very little change to the bottom. 1541. 64 as u. S. 10 year yields are negative, making gold more attractive. Now lets get bloomberg first word news in new york. Sees an opportunity to restart bta european union. German and french counterparts. Officials tell as they appeared to relax len which on the need for the irish backstop. Dropping the position language on the need for the irish backstop. These requests are related to Financial Information on donald trump and his family but whose returns are still a
C is for costs. Out for that falls on concerns around advertising spending. Ads, will they eat into profits . Hour less than half an till the european open. Lets look at how futures are trading. We have green arrows across the board. The strongest gain on equity Index Futures is in london. The ftse there am a futures trading up. 4 . The frankfurt trade, a point dax futuresain. 2 . Not a lot of Movement Today as there wasnt yesterday, either. Yields hovering around the 0. 5 level. Right there right now. The question is, will investors really go risk on today . Buy stocks, sell the booms and try yields up . And dry the yields up . Dollaryen,e got dollar down, yen rising for six days in a row. 110. 86 is where we are. One thing that, i cite this morning was the japanese Government Bond market. The 40year paper. 2005 forst demand jgbs. That is why yen is a little stronger this one. Some oscillation in north korea, south korea and china. Europe set to open up 16 . Currency is the prism thro