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Why he is endorsing donald trump for president in another exclusive you will see only on bloomberg tv. Jonathan a brilliant morning of conversation. Lets check in with our Bloomberg Team for indepth coverage of the stories. The one minute plunge and chinese stocks, and a look at the job report. Vw still being hit by email and cheating scandals. Lets begin in frankfurt, paul gordon joins us. Inline but still not great for president draghi. Paul inflation just below zero, employment just above 10 , a flight improvement and reason for the ecb to say the stimulus is starting to work at a long way ...

The s p 500 down 1 . The nasdaq down more than 1 . We are seeing those attempts for a new rally, but they are not holding on to those gains. Take a look at the s p 500 intraday chart. We are not getting to that high we saw in may of last year. Right now, trading below that 2100 level. Lower, losing 1 . For the entire week already in negative territory. The s p 500 reversing three weeks of gains, down. 3 . The dow still clinging onto those gains of. 1 . Says there is the scrutiny from stock down more than 2 . That fund has been under investigations internationally from switzerland to four other...

Welcome to countdown everybody. I am live from london, this is bloomberg television. We are aware this morning that holding data is then with details of speeches have been canceled, on both sides of the Eu Referendum debate for a second day. This is of course in tribute to cox, alling of mp jo proponent for the remained camped. Markets theyll have been reacting to her killing, drawing their own conclusions about what this means for the future of the u. K. In the future within europe. Just a point out what has been happening to some of the betting odds around brexit, we have seen some of that c...

Away from the open. The brexit news crashing over us this time last week. Lets talk about how we will open this morning. The fair value points to another reasonably positive start to the session. Bythe moment, the ftse is up a half a percent. Thato, click this, and will give you the fair value calculation. England will have a rate cut within months at the tries to shield the u. K. Economy from the shock of leading the eu. Mark carney said he wont hesitate to act. He is considering a host of measures. It seems plausible that uncertainty could remain elevated for some time. There could be a grea...

Countdown. I am anna edwards. Manus breaking news, let us take it off with statoil, the Norwegian Energy giant. The market was looking for profit of 294 million. That is considerably less, the understatement at the start of the reporting day. Adjusted earnings at 913 million, that was after 1. 3 billion Capital Expenditures cut, adjusted net loss at 28 million. The estimate was for a net of 294 million. They are holding on to their output guidance. However, they have cut down to 12 billion, the first of a feast, as it were, a breaking news. We will have the ceo, eldar saetre. Anna let us get o...