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Welcome to bloomberg data rate europe. Daybreak europe. I am anna edwards. Matt i am met miller in berlin. Really exciting time following the d g20 two in Bodden Bodden badenbaden. And here onn berlin their daybreak show, good to have you on the program. Lets characterized we saw in u. S. Equity markets. Substantial loss of 1 coming through on the major u. S. Indices you do you say this is a questioning of the reflation trade, a questioning of the trump trade . It depends on a extent to which you think the trump trade was priced in. You saw indices to look at help here. De us through this is c...

Is set up. Futures in the United States a little bit softer. The euro tracing lower for the Third Straight day. Take a look at dollar range. But that 6 10 of 1 . We had a stronger dollar up by 2. 5 , but the rand still getting hit. Since 2015. Loss dollar, oil, bates, they pretty much go nowhere. Signaled the eu theresa may will have a year to work on a trade deal. Joining us now is bloomberg executive edit from london. Great have you with us. As you said, the eu cannot the two play hardball with the u. K. They will not negotiate a freetrade agreement until an the bill that the u. K. Owes the ...

President trump. Anna a very warm welcome to bloomberg daybreak europe. Im anna edwards. Matt miller here in berlin. Anna lets start by talking about what we saw in u. S. Equity markets yesterday, partly because of what the fed said about equity prices. I have a chart here, a valuation of the s p versus various Global Equities. Think it about what the fed said, they said levels look high relative to standard valuation measures. Putting it in the context of Global Equities, the s p over to 2008,is going back not a benchmark people want to revisit too often. If the u. S. Is 11 more expensive tha...

Tightens hitting brandnew alltime highs. The dow, nasdaq, and s p, though, are suddenly spooked. We will tell you why. Its something that happened in the last hour. Meanwhile, hope and change in the middle east is discussed at the white house at a rose garden, President Trump expressed hope for a peace deal between the palestinians and the israelis. Not just hope but a path the president also using very strong words saying hes changing his attitude on syrias sevenyear civil war after deadlys deadly gas attack. The focus on middle eastern issues comes on tomorrow tomorrows rival chinese preside...

Management urges bhp billiton to unify in australia. And slashing staleys salary. The barclays board decides on an very significant pay cut for the ceo following a whistleblowing probe. Will regulators go further, matt . Matt interesting breaking story that we will continue to follow. I want to take a look at the half hour to go until european open, at what futures are doing, at what the other risk assets are showing us. It looks like a risk on day to some extent. We see futures rising, although not huge gains. The euro stocks 50 futures up, more significant gains in london and frankfurt, not ...