Good morning. Welcome to Worldwide Exchange. Im sara eisen. Im wilfred frost. Good morning to you from me as well. Were coming to you for the final time from the World Economic forum in davos, switzerland. Our special guest this morning include former House Majority leader eric cantor, and ceo done bear, we will talk with them about the president ial inauguration in washington. In the next half hour, a conversation with mary erdos. What a week its been. Lots of reviews as well. I would say that while president elect donald trump is not here, the chinese president has been here. The new british Prime Minister has been here. Donald trump looms very large in all the conversations in davos. American ceos, american expoliticians are in high demand getting a lot of questions from some foreign counterparts about what to expect from a Trump Administration, from the markets, Foreign Policy. The uk chancellor, Phillip Hammond is speaking at the moment. Interesting comments he made about trump an
Europe it will head to the u. S. Matt it is all straight ahead on bloomberg best. Matt hello and welcome. I am matt miller. This is bloomberg best your , weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. The week began with a blockbuster media merger as at t announced its intention to buy cable giant time warner. Now to the big deal everyone is talking about. At t agreed to buy time warner for 85. 4 billion. Is this even possible . It is possible. You just have to turn the clock back 18 months or so, when at t bought directv. That was another Large Purchase for at t and this deal is bigger. The deals have something in common, a lot of people invest at t t or indexes with because of their dividend so they look for companies that are Free Cash Flow positive that will turn money so they can keep paying everincreasing dividends. At t is still ultimately seen as a utility to many investors. Directv and time warner are big
Europe it will head to the u. S. Matt it is all straight ahead on bloomberg best. Matt hello and welcome. I am matt miller. This is bloomberg best your , weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. The week began with a blockbuster media merger as at t announced its intention to buy cable giant time warner. Now to the big deal everyone is talking about. At t agreed to buy time warner for 85. 4 billion. Is this even possible . It is possible. You just have to turn the clock back 18 months or so, when at t bought directv. That was another Large Purchase for at t and this deal is bigger. The deals have something in common, a lot of people invest at t t or indexes with because of their dividend so they look for companies that are Free Cash Flow positive that will turn money so they can keep paying everincreasing dividends. At t is still ultimately seen as a utility to many investors. Directv and time warner are big
Brexit and the bank. Mark carney is back in brussels. How hard willie how hard will he hit the league camp this time . We are a half hour away from the european open. How do we think ands or shaping up . How do we think things are shaping up . 3 here in europe. The euro stoxx are down three. 3 . We finished in negative territory yesterday. Eurodollar, keep an eye on what is happening with the dollar. It remains a focus for investors. The dollar getting a little bit of traction. Brent trading come still 4794. Gold trading down and 3 . Trading down. 3 . Keep an eye on what is happening with the turkish lira today. We are going to get more information little later on. What is the future on one of the moderate reformers . We will talk about that later. Thats get you caught up. Here is bloomberg first word news with Juliette Saly. Juliette china may need a bailout worth trillions of dollars. That is according to an analysts. Of the risk from chinas credit binge. She cautions that beijing wi
Global equity markets looking pretty decent, firming up in europe with the ftse up about 48 points. Futures positive in the United States. Yields on the 10 year, pretty much unchanged at 124 1. 84 . Look out for that. Table at the moment, 146, its a stronger pound. We will get to that. Then imac of about. 4 . The brand down for the sixth straight day. The lira strengthening down to 297, the Turkish Central Bank cutting its rates to 945 . Lets go to indepth coverage of our top stories. Guy johnson in london, where mark carney talks brexit. Matt miller in frankfurt. In brussels, where finance managers meet on greek simin demokan. Jonathan the bank of England Governor Mark carney is testifying this morning. Guy, the momentum seemingly behind the remain campaign. What is mark carney have to say . Guy he has the responsibility to stand up and make clear the risks that are associated with the referendum. Hes not backing down on that. Everything you said today felt very caveated. It wasnt the