Listen: Bloomberg, Brad Kavanagh, Randgold discussed on Bloomberg Daybreak: Europe
"Nara chayhitch. With this Bloomberg radio business flash. We are forty seven minutes into the European equity market open, a pretty muted session on a headline level. The stock six hundred off by one tenth of a percent. We're not seeing the market of losses that we saw on the hang sang in the Asian session. Dropping more than one percent. Of course, a lot of Asian markets closed though, including China and Japan. But in Europe, some big moves in individual stocks, sky's the best performer on the stock six hundred up eight point eight percent. Comcast knocks it out of the park with its offer that seventeen pound eight afford sky shares. We'll talk more about that later in the show. Wrangled meanwhile, up three and a half percent. It really is an EMMY Monday barrack to acquire Randgold in a six point zero four billion dollar transactions. We look at industry groups media, stocks outperforming up one and a half percent oil and gas also one of the biggest gainers again, not really a surprise. Given the moves that we're seeing an oil Brent. Is above eighty dollars up to percents WTI above seventy two dollars a barrel. At one point eight percent this after a meeting of OPEC and its allies in ALgeria where basically gave a bit of a tepid response to Trump's demand for lower prices talking about the fact that they don't eat boost production. If customers ask for it. So that's what's happening in equities. And in oil taking you look at fixed income the ten year treasury yield up one and a half basis points. We continue to stay above three percent at three zero eight hundred dollars where we are. Now, of course, just a little bit away from that a high in may of three thirteen looking at the ten year Boone deal that steady at forty seven basis points the ten year yield moves higher by almost four basis points, two point two eight seven percent is where we are on that. And also, we've got to talk about the dollar because what's been interesting recently. Is that wall treasury yields have moved higher? I'm not treasury bond. Spread has continued to wide. Now, we've seen some dollar weakness. We were a bit stronger on Friday where steady today, but overall in the past two weeks, we've seen a money. Moving back into emerging markets into equities and FX. The picture has shifted a little today. Of course, we all generally seeing a little bit of risk off in these markets with a button pressed on those tariffs on two hundred billion dollars of Chinese goods in the g ten space against the dollar. You're seeing the Ozzy underperform often a proxy for risk. That's your Bloomberg business flash is beyond guarantees with more on what's going on around the world. Thank you. The second woman has come forward accusing supreme court nominee Brad Kavanagh of sexual misconduct claiming he drunkenly exposed himself to her in the ecology is Deborah Ramirez who went to university with Cavanaugh says the alleged incident happened in freshman tear during a."