Assertion that no deal is better than a bad deal. I am nejra cehic in london. Good morning. Lets get your markets first. We are looking at the stoxx 600. We saw a close lower after initial games, fairly steady now. See the carmakers really underperforming, down 1. 3 . The asiant happen in session. It is feeding through from the u. S. Car data we got from the u. S. Yesterday. The car sales coming in, disappointing that data. We are seeing it read through to the European Equity session. In terms of dollar and yen, we are seeing a weaker dollar. Ae yen strengthening for third day. I wanted to show you the 10 year yield on the german bund. Went down one basis point, 0. 26 . We saw a lot of demand go into u. K. And german debt yesterday. The 10 year treasury yield is fairly steady. We saw it hit its lowest since february yesterday. The 10year gilts yield reached its lowest since october. A lot of demand for the safest assets among safe havens that are bonds. If get to the bloomberg first wo
Succeeded in capitalizing on obamas oh ratings. We think this will send a clearcut message that the republican way is the way we will create jobs in this country. Shameless plug, watch Bloomberg Television tonights coverage. Starting at 5 00 p. M. Eastern. They may go all night long. At jpmorgan to the list of banks in a criminal investigations. They say theyre cooperating with the Justice Departments criminal investigation. Plus, the bank faces inquiries from regulators and the u. K. And elsewhere. Jpmorgan will set aside another 1. 3 billion dollars to handle possible losses in this investigation. Similar probes. Saudi arabia has rattled the oil market. West texas intermediate fell to its lowest in three years from now trading for less than 76 a barrel. That comes after the saudis cap prices for oil exports to u. S. Customers. Analysts believe oil stocks have increased. Last month oil fell by the most in 2. 5 years. May be the declining oil globaltells you that the economy is still r
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