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Though perhaps we could be seeing an Opposition Coalition as well. Chart, looking at this the biggest reflection has been the currency markets. Towardsd edging down 1. 27, session lows at the moment , 1. 7 percent fall back or that is the scene outside Jeremy Corbyns house. This is bloomberg. Haidi uncertainty in the u. K. , a Hung Parliament with conservatives falling short of a majority. Plunging theling most since january and raising doubts about negotiations with the european union. The u. K. Could be without a full functioning government 11 days before brexit talks are due to begin. Rishaad the questions are being the primet ministers future. She may not survive. This is our special coverage of the british election. I am Rishaad Salamat coming to from o ....
Central bank caucus trade. Selling continues in 10year german bunds. 3 isg dollar, cable up now on track for the seven day winning streak. Of by over 100 basis points. The one thats not participating in the central bank trade you have dollar higher, yen lower. Because kuroda is not on board. Anna have we made too much of what carney had to say . Time for your morning brief. Some u. S. Ego up data including the third reading of First Quarter gdp and weekly initial jobless claims. Fed president James Spurlock speaks in london. We will rate his disapproval of the pace of rates currently priced in by the fed. At 6 00 President Trump will meet south koreas new president. House. At the white they will be talking trade, geopolitics. Breaking news. Have a merger. Rite aid eight and walgreens are mutually agreed to terminate that ....
The republic rests on your shoulders. Donald trump opened his rally in florida by thanking his parents. Then he called clinton unstable. She wants to increase the thousands and thousands that are pouring in right now. She wants to increase that number by 550 . Then you wonder why podesta says she has bad instincts and why Bernie Sanders says shes got bad judgment. Theyre right. Permly i think shes an personally i think shes an unstable person. Trump also urging early voters to change their ball lots and vote fer ballots and vote for him. Optimistic, and willing to fight every single day for what he believes in and for what will make America Great again. Thats how trumps running mate mike pence describes the nominee. Today speaking to a crowd of about 750. And proving arizona is key in this race another trump surrogate is returning to the valley, donald trump jr. Will be here f ....
New york. We need to take stock of the fact that not only is there a president a new Prime Minister and the u. K. , the second female, but this is a new era. She will go to brussels to renegotiate and try to extract the u. K. From the eu. Tom you are right, the idea of a new era. She would not she was not leave. She . As not a brexiter, was francine she was not but she was not one that really campaigned to remain. She stood in the middle and was very cautious. One thing that people are saying and she probably has to pick someone to negotiate who was for brexit. It is all about theabinet and we may get some appointments at the time we finished today. Lets get straight to the bloomberg first word news. Nejra we are a few hours away from a changing of the guard at number 10 downing street. Davidh Prime Minister cameron will face questions and the house of commons for the last ti ....
News conference. Lets listen in. Mark carney we are publishing results of the 2015 stress test. View onublishing the risks and vulnerabilities to u. K. Financial stability. Starting with the stress test and the overall level of resilience in the system, u. K. Banks are significantly more resilient now then they were before the financial crisis. Capital requirements for the largest banks have increased tenfold. They are holding liquid assets that have increased. 2015results of the banks stress test underscores these improvements. This years stress test complements last years efforts. It prompts a reassessment of asset prospects and prices. It considers the implications of deflation, not inflation, which was considered last year. It includes an unrelated, but important stress of cost for no misconduct risk. The stress test results taken together with the capital plans indicates the bank system has the capacity to continue to lend to the real economy, even under a severe scenario. The str ....