Unions continue their battle against proposed Pension Reforms its now in the longest such strike in france and more than 15 years. Im called aspen thanks for joining us u. S. And canadian Officials Say an Iranian Missile brought down a Ukrainian International Airlines Flight canadas Prime Minister Justin Trudeau says mounting evidence suggests in a rainy and surface to air missile hit the airliner shortly after taking off from tehran on wednesday all 176 people on board many of them canadian died iran has ruled out a missile strike by its air defenses u. S. And canadian leaders are now calling for a full investigation. Wreckage from the Ukrainian International Airlines Flight that crashed shortly after takeoff from tehran leaving the world with lots of questions and few wants as. Canadian Prime Minister Justin Trudeau was the 1st to publicly announce a possible cause an Iranian Missile. We have intelligence from multiple sources including our allies and our own intelligence. The eviden
6 00 here in london. Lets get to the markets. We are without the volumes from the United States during yesterdays sessions. King date we had no trading in stocks or treasuries. We are getting back into those today. Msci asiapacific by 0. 4 . General picture in asia continues a positive one, continuing the best start since 2006. The dollar against the again , we saw the again being pushed up. Have halted five days of advances in the japanese currency partly because of what we heard from the japanese finance minister. Moves in fx markets are a problem. Price, over 70 a barrel, even though it is retreating. Fx is going to be a focus , what happens next with the pboc, that bank of japan, and the bank of korea. Traders have been spun into a whole new momentum. Record long positions on the euro. , two is a counterbalance sides to this market. The long positions are the longest we have seen. It is estonia focusing on bond purchases, they could end after september. Dramatize theover situation.
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
With respect to the stated positions, public positions of iran and its rhetoric, no. It hasnt changed and it very inflammatory and very threatening. Do you think, excuse me, mr. Secretary, because i have one minute left. Do you believe its still the goal of the Supreme Leader to destroy israel and destroy the United States . Well, when you say do i believe . Do you think, do you believe, what do you think of that position . I think their rhetoric is dangerous and threatening, incredibly counterproductive and damaging to any potential rational relationship. Reclaiming my time, one other question. I want to reclaim my time. My but is im reclaiming my time. My other question is this, mr. Secretary. If Iran Gets Nuclear weapons, will saudi arabia, turkey and egypt also rush to get Nuclear Weapons as well. If iran got a Nuclear Weapon, there would be an arms race in the region for certain, which is one of the reasons why they arent going to get a Nuclear Weapon. I want to finish. Absolutely
If i dont talk too long. The first concern, of course, is their continuing development of intercontinental Ballistic Missiles. When i met with Prime Minister netanyahu in israel a couple weeks ago, he said that they are not developing those icbms for us, israel, they can reach us with what they already have, they are developing for you, the United States. So im concerned about that. They continue to develop intercontinental Ballistic Missiles. It seems they would want something on the tips of those intercontinental ballistics down the road like weapons. Second concern are terror groups they sponsored all over the world in places most americans havent heard of. Hezbollah, activities not only in the middle east but other parts of the world, rigc. They are causing mischief as you know everywhere, including syria, trying to support a rogue government there as a puppet state maybe for iran. Mr. Rouhani is a smooth talker in my opinion. Different than ahmadinejad who was a flame thrower with