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Breakthrough with the u. S. You dont get security by praying for it. You must invest, you must do what is necessary. And the europeans need to take the necessary action. The United States has, in my view, shot itself in the foot by withdrawing. Matt welcome to bloomberg surveillance. Lets check in on the markets right now. Here in europe, we see drops across the board. Not as steep as they were at the , but you can still see the stoxx 600 is down. 3 . And some of the individual or regional indexes are down further. The dax, for example, down. 6 . Down, as yous are would expect, with a big drop in netflix in overnight trading. Netflix said u. S. Users actually shrunk, shocking the market. Dragging on and adding to an already bad earnings picture. The u. S. Dollar is down. 1193. 55 and other currencies, especially the yen, are getting momentum. Coming up, we speak to the chief officer of a lecture looks electrolux. There are a slew o ....
Fallout. Deutsche banks sweeping turnaround gets a thumbs down from investors but what will it exit from equities mean for other banks . Tech tensions. Japan says a resolution to the trade spat with south korea is dependent upon souls response. We should hear more about that this hour. Is the European Market open, 29 minutes ago until the start of the European Equity trading day. Bitres look a little sluggish. We are slipping around the Global Equity story. We were slipping on wall street yesterday, slipping in the asian section, slipping back on european futures, slipping and waiting to hear from fed officials, waiting to hear from the fed because the market is betting we will get a rate cut in july despite the strong data on friday and the markets will be looking to test that theory dayshe hypothesis in two of testimo ....
To their higher product pricing. They implement it higher product pricing to mitigate the tariff issue in the marketplace, and that had an impact on their sales. Thats three through on tariffs, not being able to pass along prices, and having an impact on sales. David and it hit their margins. There was also going to be margin pressure. The question is what it says more broadly about industrials. They say they think the economics are ok. Alix as long as their margins might not be, but Overall Economic activity ok. News comingve some out of delta, up in the premarket. Its raised its earning per share view. Forecast now earningspershare, but i do not see their earnings. Alix it seems like you have full year earnings at the top end. They are upan see almost 2. 5 in the premarket. Alix people are traveling. They are moving. David good for them. Alix which i will be doing tomorrow. In the markets, you are also looking at day two of fe ....
Africa 54. 00 of 55. 00 leaders attending the recent African Union summit in nigeria has signed an agreement to create the african Continental Free Trade Area the proposal under discussion for 4 years advanced after Regional Power nigeria was convinced to support it. As one of the remaining holdouts on the continents agreement which would eliminate most tariffs has been ratified in the National Parliaments of about half of the African Union members the unions trade and industry commissioner predicted that the area would become operational by july of 2020 that gathered elders also advanced plans for pan african Payment System to maximize ef ....