Listen: Bloomberg, United States, President Trump discussed on Bloomberg Daybreak: Europe
"Morning everyone. I'm Nara chayhitch, Markus Karlsson. Good morning with two minutes into the European trading day in stock to than the green. I've have been firming since the stock. Six hundred now rising by three quarters of one percent, all of the sectors currently in positive territory. We're seeing Banco BPM stocks being the biggest riser all the stock six hundred higher by five and a quarter of a percentage point off. The lenders said that it exceeded ECB requirements after a capital review looking at some of the individual indices, we're seeing the Footsie-100 higher. By three quarters of one percent as well. The Dax in Frankfurt higher by eight tenths of one percent and the counting increasing here by almost at nine tenths of one percent. Over the fixed income space. We are seeing European bond yields higher this morning by about one and a half basis points. If I look at the ten year Boondi of for instance, the same goes for the ten year guilty to in the FX space, the Bloomberg dollar spot index strengthening here by about a tenth of one percent. We've seen the Japanese yen in particular to the downside overnight. Now declining by run about a quarter of a percent against the greenback. The euro has been little changed overall declining somewhat declining marginally at one spot thirteen fourteen and when I look at sterling it is down by two tenths of one percent against the dollar at one spot twenty nine eighteen oil prices, finally just extending what was a decline last week fifty two dollars and twenty nine cents off by eight tenths of one percent. Let's get to our top stories and president Xi Jinping's top economic. Aide will be part of this week's trade talks in Beijing. The vice premier will join Treasury Secretary, Steven Mnuchin and Trade Representative Robert lighthizer as the US and China seek a deal to avert expanded tariffs from March. First President Trump has said the two sides are making progress, but he's also confirmed he's ready to impose heavier duties if necessary meanwhile, hope today that the US government funding negotiations that broke down over the weekend can be restarted and be successful this week. Bloomberg's Ed Baxter has that story. There are a number of reports that they have a compromise number on a border barrier. But now the issue is immigrant detention the president's acting chief of staff, Mick Mulvaney, says they are trying to lay low, we're still listening. We're still talking, but we're not leaving the in the negotiations were sitting there and Senator Richard Shelby says agreement is not out of the question whatsoever. Next twenty four hours are crucial. We could close and deals, but democrat Jon tester says they should not include emergency funding for a wall. There are bumps in the road. But as long as we stay focused in a bipartisan way, by camera way to get this done. I'm hopeful we can get it deadline Friday in San Francisco. I'm Ed Baxter. Bloomberg daybreak Europe. And Theresa May will ask parliament this week to give her more time to renegotiate Brexit. Promising lawmakers a further chance to take control the UK prime minister has written a conciliatory letter to opposition leader, Jeremy Corbyn after he proposed setting her a new deadline of February the twenty sixth of a winning support for a final deal, but observers are increasingly concerned with French finance minister Puna Lemaire, citing Brexit as a top risk for growth. The war between China, and the US would have a direct impact on the level of growth and international level."