Stuart Richardson News Today

Bloombergs European Headquarters in london. We are getting some breaking news in terms of pmi. Euro area figures pretty much as expected. Greek july manufacturing pmi falling to a record low of 30. 2. We were expecting a figure of 46. 9. 30. 2 is a record low but also very low indeed. Anything below 50 indicates retraction contraction. The Athens Stock Exchange has plunged this morning. We will have the latest from the greek capital in just a moment. First to manus, whos been taking a look at ho...

The swiss number is beating expectations and also helping fuel risktaking on the equity side. Thes take a look at how euro was trading up 2 10 of a percent against the dollar. This is almost the haven trade of late, but overall it is still the fx short. Short on the euro and a the yen. Lets have a look at how this was number plate in. Suddenly we saw a swiss franc strengthen the euro, a growth rather than a recession, but it is coming off those lows. Where the reaction is shortlived is in commod...

Quickly lets check on the boards because we are seeing its all about what janet yellen will say later on at harvard university. Index practically unchanged. They are waiting for chair yellen to speak. Streak. Pping a 7 day lets get straight to first word news. Major economies have strengthened the resilience to avoid falling into another crisis. Also says that Monetary Policy is not enough for spurring growth. Abe failed in his bid to have leaders warn of the risk of a after heonomic crisis pres...

Bad loan charges mount. The biggest conference kicks off in barcelona and we will be speaking to the ceo of ford from the world congress. Dominating boris out in the story now making his mark last night. I guess that does make it harder for those who want to keep the u. K. In David Cameron. How is that in berlin . Hans they are waking up to the story now and in some of the papers they had british polling on what the likelihood of the brexit would be. Most of the conversation still dominate this ...

Supplementary budget . Brazils Largest Party pulls away from Dilma Rousseffs coalition. Is impeachment all but certain . Good morning, hans. Front andnter center once again. There are a number of questions that surround that. Does yellen have control, and where are the hawks . Hans if she doesnt have control, the markets to. That seems to be an interesting flip of the script, and we should also talk about brazil. I thought you were going to make the suggestion that you and i host this show from ...

Welcome to the pulse live from bloombergs European Headquarters in london. Im francine lacqua. Today is all about the u. S. Jobs data and whether it can give us an indication of what janet yellen may or may not do in june. This is a picture for the msci index. Down 0. 2 . We are down on the week, the biggest weekly loss since february. Yen rising a touch ahead of that key american jobs data. Haven,u look at yen as a weve seen it increased this week. Lets get the bloomberg first word news with ne...

Currently, we see the others drive higher. Currently, a state of risk appetite. We wonder if it is time to get back into the market. You can see similar risk appetites when it comes to fx. 2 10 of a is rising cent today. Even though the yen is currently on track to have its best quarter in three years. Havens are out of the money going. The euro has been a haven in the past quarter. Meanwhile, commodities trade higher. Currently, the Copper Market is up. It looks like it is higher. We see some m...

It has been a torrid time in the market. Let me give you an update to my sense of where we have been over the last three months. , is goinghe last day to be a good one or are we going to finish on a dismal note . Well talk about that. Let me give you numbers, first of all. The s p 500s let me show you this column. Finishedwhere we have the downside on the order. On the currency adjusted basis, is nearly 10 . Over here in europe, 11 to the downside. If youre looking at the other market, volkswage...

Disappoints. Now hes trying to ease that concern. Lets have a look at oil, continuing its downward trajectory. On the day, he goes lower. Why . Goodbye to any production quotas. No longer defending price, more about defending market share. Oil going lower. Lower,lux will be moving yet to open, but pulled down by 12 as a ge no longer selling its appliances unit. Back to you. Out whatsnds happening in asia. A positive session in the asian region. Taking that the from the positive jobs report out o...

I am manus cranny. Anna it has just gone 6 00 in london. We have a good chart. Manus flashing in green. It breaks the 40 a barrel level. That is incredibly important. You saw the cash market for brent drop below 40. Of course, this comes on the back of a rather dysfunctional opec meeting. Anna we will get further , but they are quite we will on oil in 2063 talk to Societe Generale in 2016. We will talk to Societe Generale. Retest thesen lows. You are seeing a buildup in the 38 put options. Inves...