Gap with its peer group . Unfair and punitive. That is what Canadas Foreign Affairs ministers calling the lumber levy. Matt very much looking forward to that conversation considering how hot this story is right now. You look at futures. We are looking at slight gains, the price looks better on the wti screen. After little gains yesterday, they jump on monday. We are looking for gains again today. Check out the bund spread from treasuries. 96 going back to 1999. If you zoom in since then, you can see that we have come down substantially and we are now down below 2 again for the second time. The spread is getting thinner between buns and treasuries. Guy whether we will see that tighten up significantly, it is something we will watch carefully. Money is flying into European Assets right now but mainly equities. We will talk about on throughout the program. New zealand up nicely overnight. The nikkei up 1. 1 in asia. Many of the European Markets strongly bid. Off itsnese yen is highs. Why
Credit suisse. Mark barton in london with your data check. Mark looks as if the fiveday winning run is sputtering or stuttering. Choose your word. Down by 0. 1 today. The stoxx 600 boosted by results of the firstround of the french president ial election on sunday. The optimism is among investors that Emmanuel Macron will emerge victorious. Eurodollar, weve been as high as the november high yesterday, just crossing 1. 09. The recent rally also spluttering, stuttering, or spluttering. German 10 year yield was at a end of march high yesterday. Yields creeping up in germany and across europe. Towardsd a propensity riskier assets this week in the wake of the French Election. Nymex crude, big stockpile data today. Down by 0. 3 . 49. 39, francine. Francine stockpiles really in the last couple months have been able to change. Now, mark, lets get straight to the bloomberg first word news. Heres nejra cehic. Nejra donald trump is set to propose a 10 tax on more than 2. 6 trillion in earnings th
To see what mnuchin and the economic director hold a briefing at the white house. Look at twitter earnings. ,t looks like a pretty big be coming in at 11 percent. Monthly active users also coming in slightly better than estimates, coming in at 328 million, beating the estimates better than the fourth quarter. Also, revenue dropped the estimates as well. Looks like a good quarter for twitter. Youve that revenue, earnings up, monthly active users up as well. We will cover that throughout the next three hours. David you can get money for it and this might be a case where they figure out how to do that. And maybe video because they really have the video. Lets see. Today President Trump is going to release his plan for what he has called the big tax reform and reduction. Weve gotten hints about where he is headed. We are joined by our chief washington correspondent kevin cirilli. What we know so far is he is going to call for a 15 Corporate Tax rate tax break. We dont know the specific deta
We are in rich territory. Unless you do something bold, we are running into real serious problems. David plus, Companies Report earnings and their leaders take us behind the numbers. We have been demonstrating the quality and power of this platform. Not yet firing on all cylinders. Were comfortable with how we came out. David it is straight ahead on bloomberg best. David hello and welcome, i am david gura. This is bloomberg best. Your weekly review of the most important Business News, analysis and interviews from around the world. Lets start with a day by day look at the top headlines. Even before the trading week started, all eyes on the first round of the president ial election in france. Francine now we know it is definitely macron versus le pen. They are very close. They would be about 22 24 . Yes they were contrast drawn between the two of them, but certainly the gladness of how each candidate thought they performed is coming across mary dramatically. Francois fillon said, the def
Exports rise from the factory to the world as Global Demand shows signs of picking up. Welcome to bloomberg daybreak europe. Im anna edwards. Manus we brought her back in. She is allowed inside the building. Good to have you back in the room. Lets get out to matt miller, standing by on location. A big day for the ecb. A huge day for the ecb. Number one, we are expecting at least 90 of the economist we surveyed expecting the ecb to change the language in its statement and no longer say that risk to growth are tilted to the downside but rather balanced. Its something weve not heard since august of 2011 when jeanclaude trichet was president. For me its going to be an exciting day. There were never two words so much focused on in our lifetime. We will catch up for you a little bit later. Got to talk about sterling. The one that maybe just got under the radar, this is the probability of a rate hike in september versus december. What youre going to hear from the federal reserve. Its below th