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Have a look at where european equities are trading 30 minutes away from the finish of the friday session. What a week it has been. A next session for european socks stocks, slightly down this week. Retail the best performing sector after the benchmark stoxx 600 fell 2. 2 in november, the worst month since june. Currencies, sovereign bonds are your final columns. Global stocks have risen for 13 straight months. Love this chart. The green bars are the monthly increases we have seen for the country world index, the biggest winning streak since the index was formed in 1988. Should it rise in december, it would be the first time in its three decade history it gets through an entire year without a monthly decline. This year, the country world index up by 20 , the best year since 2013 and it closed at a record high on thursday. Japan,on improving, in speeding up in october but price rises from this chart still well below the boj 2 target. Tightening labor market. Core cpi, which excludes fres ....
It is just 6 00 a. M. In london. Guy Commodity Prices and what has been happening to the rba. Dropping a critical line. It is focused on commodity adjustment and how it is feeding back into the aussie. Anna just a few months ago, the rba talked about needing further adjustments. The currency is down by 35 . Now, we are seeing a little bit of adjusting. Guy this is the aussie dollar versus the dollar. You can see a nice little spike happening here. A little bit of context is required. Let me show you some different time frames. This is the one year. To give you a sense of the declined we have been seeing. And the fiveyear. Anna it is a hurdle for any kind of further rate cuts. Lets talk about this in a little bit more detail. The bank of australia has cut the key interest rates. Bloomberg juliet is standing by with an update in hong kong. Tell us the latest. Juliet a nice surprise today from rba. Rates are on hold. Where carefull ....
Theresa may makes a visit to brussels today to personally intervene in negotiations. Anna a very warm welcome to bloomberg daybreak europe. It just is going up. We gotten a bit frisky. Welcome back. Anna and is willing to do with me. It is the worlds biggest cryptocurrency. We crashed it through a thousand bucks in 2013. 56 day from two to three. Six days from 3000 to 4000. The only thing that impeded bitcoin was the possibility that the chinese might crackdown on cryptocurrencies in september. Good they go for it again . I love jv dimon. He said he would never talk about again. Anna how long did that last. They will pay the price according to the near post. Understated. If Goldman Sachs can be undecided, so can i. People were skeptical with paper money replaced gold. Heres earlier on the asian equity session. Asian markets taking a leave from the inflation talk to the United State ....
Anna a very warm welcome to bloomberg daybreak europe, our flagship morning show from the city of london. I am anna edwards. Manus i am manus cranny. We have breaking news from one of the big banks in europe. Underlying profit comes in at ¥650 650 million euros. If you want to see a buffer of capital, these guys have got it aplenty. The underlying cost to income ratio, this is going to be good news for the market. It comes in at 60. 2 . This was one of the concerns at the end of the year. Their cost income ratio was rising. It came up to 65. 9 last year, the year before. Underlying profit, 650 million euros. They have a buffer of capital. Cost operating expenses, to income ratio, looks as if it is coming a little bit more under control. We will have the conversation chairman at amro 6 20. They join us in 15 minutes. The let us talk about state of risk. Volatility is rising again, but do not go nuts about it just yet. This is certainly reflecting in the way we were talking about the la ....
Anna a very good morning, you are watching bloomberg daybreak europe, im anna edwards in westminster. Manus and i manus cranny, safe in the studio. You are in for a rough and tumble week in westminster. What can we expect . Theresa may has got to go to her party and explain herself. Anna yes, indeed. The first place, the Cabinet Meeting. We heard from the former counselor George Osborne, enjoying his new role at the newspaper, describing her as a dead woman walking. Within the cabinet she has been giving some support Boris Johnson denies he is planning a coup, liam fox speaking favorably, but she is sent to promote some political rivals so we will see how it turns out. The key question is how will the talks go . There was chaos over the weekend about whether there would be a deal. No deal has been done yet, so we will co ....