Feel the fed chair seat. Will bring you the latest from vienna. Matt i am looking at the futures here, take a look at equity index futures. We can see the percent missed price on the bloomberg showing a negative open for the ftse, slightly negative on the dax and positive on the cap. It is a mixed trade if you look across the entire european sector. Take a look at treasuries. I have a threeday chart and we can see that they are trading flat. Yesterday the yield rose six basis, points. Investors selling off treasuries six basis points. Investors selling off treasuries. When they have that cash, could they use it to go into some of the value stocks that were so popular in the u. S. Yesterday. To see how that makes broke down. Banks in focus ring sold, rippling into the Asian Session. Some of the more tech heavy markets under pressure through the Asian Session. Ofope does not have a lot tech. That could be something of an advantage. Yesterday the ftse sold off, that was a pound story. Mar
Head of thee to the oecd and the chairman of bp world. If you are in london. And minimizes a little bit what was the most drop for u. S. Stocks into years. 10 out of the 11 sectors on the s p 500 are making gains and driving the index to a close over 1 . We saw gains in the Dow Jones Industrial average. Spot 85. Re at two the point to make here is on the u. S. Junk bond market which had its worst week in two years. We talked about the this a little bit on the show. Corporate bonds have been accelerating, handing investors there weres lost their worst loss since the oil slump. Let us show you what has been happening around the world. We have some pressure coming through in the commodities space, specifically on crude and hedge funds. They have been scaling back their bets by the most since august. We have the red count. That is weighing in on the broader picture. We will discuss that later on in the program. The cable tray 1. 38, down 6 10 of 1 . That is the weakest in three weeks. That
Most in three years. We used to focus on cost, now we need to focus more on revenues. David we hear from Deutsche Bank ceo and ceos of other European Banks reporting this week. Major data out of japan and the u. S. We size up the state of the , global economy. I think the economy is now picking up, but if you look around the globe it is happening elsewhere, so i do not think the bank of japan can take credit for that. It paints a picture of an economy overall which is effectively treading water. David it is all straight ahead on bloomberg best. David hello and welcome, im david gura. This is bloomberg best, your weekly review of the weeks most important Business News analysis , and interviews from Bloomberg Television around the world. Lets start with a day by day look at the top headlines. The week began in st. Petersburg, russia where opec members and other Oil Producers emphasize their commitment to continue cutting imports in order to best exports in order to put a stop to the Glob
Most in three years. We used to focus on cost, now we need to focus more on revenues. David we hear from Deutsche Bank ceo and ceos of other European Banks reporting this week. Major data out of japan and the u. S. We size up the state of the , global economy. I think the economy is now picking up, but if you look around the globe it is happening elsewhere, so i do not think the bank of japan can take credit for that. It paints a picture of an economy overall which is effectively treading water. David it is all straight ahead on bloomberg best. David hello and welcome, im david gura. This is bloomberg best, your weekly review of the weeks most important Business News analysis , and interviews from Bloomberg Television around the world. Lets start with a day by day look at the top headlines. The week began in st. Petersburg, russia where opec members and other Oil Producers emphasize their commitment to continue cutting imports in order to best exports in order to put a stop to the Glob
Most in three years. We used to focus on cost, now we need to focus more on revenues. David we hear from Deutsche Bank ceo and ceos of other European Banks reporting this week. Major data out of japan and the u. S. We size up the state of the , global economy. I think the economy is now picking up, but if you look around the globe it is happening elsewhere, so i do not think the bank of japan can take credit for that. It paints a picture of an economy overall which is effectively treading water. David it is all straight ahead on bloomberg best. David hello and welcome, im david gura. This is bloomberg best, your weekly review of the weeks most important Business News analysis , and interviews from Bloomberg Television around the world. Lets start with a day by day look at the top headlines. The week began in st. Petersburg, russia where opec members and other Oil Producers emphasize their commitment to continue cutting imports in order to best exports in order to put a stop to the Glob