26 Burst results for "Alex Morales"

"alex morales" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:35 min | 9 months ago

"alex morales" Discussed on Bloomberg Radio New York

"An actual fuel shortage The only real tool left that toolbox after deploying the army would be to relax driving hours driving our rules to drive Alex there is a view among some that Boris Johnson are going to as this Teflon kind of characteristic when it comes to these crises Is this likely to do damage to the prime minister and the ruling Conservative Party longer term What are we seeing in terms of the political impact I mean it's a cliche right He's a terrible politician but Boris really is He seems to coast through and these crises unharmed I think you've taken a slight dent in the polls but the government seems pretty confident that this crisis is going to abate in the next few days because people have been filling their tanks and you don't really have anywhere else to store fuel other than your car's tank So unless you're driving around to use it up The problem abates it's not like the toilet roll crisis last year where people could buy limitless amounts of store them in their homes So the government thinks it's going to they're not even going to need these drivers in the current standby And I guess it is another of those storms that it's going to weather But it's clearly not a good look for any government to have these huge queues at petrol station Yes and we're heading towards the Tory party conference starts at the weekend doesn't Alex so certainly something that we'll focus minds Bloomberg government reporter Alex Morales thank you very much for that Still ahead on Bloomberg daybreak Europe will speak to Bloomberg opinion columnist Andreas clues about who will step into Angela Merkel's very big.

Boris Johnson Conservative Party Alex Boris army Tory party government Bloomberg government Alex Morales Bloomberg Europe Andreas Angela Merkel
"alex morales" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:11 min | 2 years ago

"alex morales" Discussed on Bloomberg Radio New York

"Hundred Days of winning the December the twelfth vote the promises come a week before the election as a U. K. prime minister unveiled a list of policies his Conservative Party would rollout Bloomberg's Alix moralis hands mole other early goes into the defense review more funding for schools and the introduction to parliament of legislation on immigration he contrasted the Tory agenda for government with the gridlock and uncertainty that would result from a hung parliament the labor party issued a statement pointing back to nearly three thousand five Hundred Days of failure under the Tories the Liberal Democrats cold Johnson's promises PO fantasy in London Alex Morales being big day break Europe French president Emmanuel macron faces a tough test today's unions called a major strike to protest his plans to reform the pension system Bloomberg's James Regan has the story in an echo of protests the paralyzed the country for about two months in nineteen ninety five and led then prime minister Alain she pay to abandon his attempt to reform pensions unions representing everyone from transport workers to noise doctors teachers and students are going on an indefinite strike that will disrupt rail transport flights schools and hospitals across fronts in Paris James we can bring the daybreak Europe NATO has survived its seventieth anniversary policy president trump canceled the pace summit news conference he's escalating is threat to analyze who Joan to be used a defense spending to two percent of GDP but with some flash points is somebody could have gone much worse chancellor Angela Merkel described the meeting as very successful and a British drivers told the US school that comments about him by billionaire Elon musk tarnished at the proudest moments of his life the test levels cold Vernon on this with a paedophile on Twitter although he claims he didn't mean it literally on's with was part of the team that helped rescue a team of tiny footballers from flooded cades label needs twenty four hours a day on it and I'm quick take by Bloomberg pilots by more than twenty seven hundred Janice sometime this symbol them one hundred and twenty countries I'm young parents this is Bloomberg a venture Leon thanks for that the citadel Luba daybreak Europe and its allies a.

chancellor Leon US president London Europe Janice Twitter Vernon Elon musk Angela Merkel prime minister Joan Paris Alain James Regan Emmanuel macron Alex Morales
UK's Labour plans to nationalize BT's network in free broadband plan

Bloomberg Daybreak: Europe

00:42 sec | 2 years ago

UK's Labour plans to nationalize BT's network in free broadband plan

"Here in the U. K. Boris Johnson is making a pitch for voters in overlooked towns he's promising to revive High Street through tax breaks for local businesses and reopen provincial railway lines three books on X. moralis says Johnson was some more to clip spike Corbin's broadband promise the U. K. prime minister on Friday announced cuts to business rates the shops pubs in cinemas and promised five hundred million pounds to help restore local rail networks that will cut in the nineteen sixties but his largesse was eclipsed by Labour Party leader Jeremy Corbyn who on Fridays set to outline plans to roll out free full fibre broadband across the country with a plan that includes nationalization of B. E. T.'s open reach unit in London Alex Morales being big

U. K. Boris Johnson Moralis Prime Minister Jeremy Corbyn B. E. T. Alex Morales Spike Corbin Labour Party London Five Hundred Million Pounds
Free broadband? UK Labour Party promises nationalization

Bloomberg Daybreak: Europe

00:42 sec | 2 years ago

Free broadband? UK Labour Party promises nationalization

"Always Johnson is making a page full thirty twos in overlooks towns he's promising to revive High Street through tax breaks for local businesses and reopen provincial railway lines the bugs Alex Morales says Johnson was somewhat two clips by Corwin's brought down to promise the U. K. prime minister on Friday announced cuts to business rates the shops pubs in cinemas and promised five hundred million pounds to help restore local rail networks that will cut in the nineteen sixties but his largesse was eclipsed by Labour Party leader Jeremy Corbyn who on Fridays set to I don't line plans to roll out free full fibre broadband across the country with a plan that includes nationalization of B. E. T.'s open reach unit in London Alex Morales pretty big

Johnson Alex Morales Corwin Prime Minister Jeremy Corbyn B. E. T. Labour Party London Five Hundred Million Pounds
"alex morales" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:11 min | 3 years ago

"alex morales" Discussed on Bloomberg Radio New York

"This is Bloomberg daybreak weekend level. Look ahead, the top stories for investors in the coming week on Bob moon in New York, coming up a look at the agenda in Washington. But first, President Trump travels to the UK this week against a backdrop of political uncertainty for Britain for more. Let's head to London and Brian, Bloomberg Europe, daybreak anchor Matt Miller, the US president state visit to the UK happens at a tumultuous time in British politics. Theresa May is stepping down as Tory party leader on June seven that means that on this trip, Donald Trump, who has been vocal about supporting Brexit will join a lame duck prime minister who failed to deliver it for more and joining the London studio by Bloomberg politics reporter, Kathleen hunter and by Bloomberg UK government reporter, Alex Morales. Alex, let me start with you because to make it clear. What's happening with recent may he's stepping down as party leader as I understand it. She will remain prime minister, although clearly a lame duck. Antill what until someone else is elected. Yeah. I mean we expect that to be the end of July she, she announced her resignation as posse leader. She takes effect from Friday says she still lead well, Trump's here and then on Friday they nominate prices begins for the leadership contest, but ready eleven eleven Tories of the names. So it's going to be quite crowded field. It seems also like she picks the date or horizon as party leader to coincide with the end of Trump's visit, or as if you wanted to stay party leader while he was here. Why, why would that be well, I think it would have been a bit tumultuous, if she'd quit the week before he was coming. And then he was left on a state visit with, with, with an even more lame duck. Prime minister whilst the leadership contest was underway. It's no less tumultuous, frankly, in the US Kathleen, I mean. Yes, Donald Trump is still president. He. Even by a lot of accounts has a decent chance at re election, but the, the Mueller report or the Mueller testimony really pushed Democrats in congress to do something towards the aim of impeachment. Absolutely in some ways, it's time for Trump to be piecing on out of US, given that the Democrats are under increasing pressure, cheap pursue some sort of an impeachment proceeding against him. Now, of course, I think it's important to remember that for Democrats that carries a certain amount of potential risk as well, given, especially as they get closer to the election. There's really not as a big gamble to see how the public going gonna react to that. It certainly could backfire. But certainly in the short term for Trump. This gives them an opportunity to sort of step away from the issues that are plaguing him domestically. Go on a state, visit kind of thing that can make him look presidential focus on that sort of statesmanship aspect of his job, that being said, we know about Trump. We can just look as recently as Japan trip to see that he often. Brings domestic politics abroad, with him and brings those topics up when he's travelling overseas as well as we may see that happen, again, we may see him come to the UK and start talking about congressional investigations back in Washington. So with company just never know. He's very likely to talk about Brexit, right Alex in the past. He hasn't shied away from waiting into that battle. Yeah. I mean, certainly I mean, he's, he's not very helpful to the prime minister breaks. It he lost came in August, I think, and he proceeded with an interview with one of the biggest tabloid the sun in which he essentially criticize the Brexit she'd come back with and said, he didn't think that if the UK that sort of deal that they'd be able to trade deal with the US, and he's been supportive of Boris Johnson. Right. Who's is he currently in the lead for replacing may? Yes, it bursts of foreign secretary is the favourite to succeed. Theresa May know it's important to say that. Very rarely wins. So he's in the lead at the moment, but he might yet come down. Thanks to Bloomberg reporters. Kathleen hunter and Alex Morales for that look ahead to President Trump's visit to the UK. I'm Matt Miller in London. Can catch us every weekday morning here for Bloomberg daybreak Europe beginning at six AM in London, and one on Wall Street, I'm, thanks, man..

President Trump prime minister Alex Morales Bloomberg London Kathleen hunter Bloomberg Europe US Bloomberg UK UK Theresa May president Matt Miller Brexit Boris Johnson Washington reporter Bob moon New York
Tories Force Theresa May to Call Time on Failing Brexit Leadership

Financial Issues

01:01 min | 3 years ago

Tories Force Theresa May to Call Time on Failing Brexit Leadership

"And in the UK Theresa May, is confronting the end of her premiership that's off to her own party forced her to agree to set a time line to quit as prime minister. Bloomberg's addicts Miranda's has the story. She exceeded to the deadline at a tense meeting with the executive of the nineteen twenty two committee of but bench tourism Thursday, I should try to get her already thrice rejected Briggs deal approved vote in the house of Commons in early June off to that vote and regardless of the outcome. Shumita game with the committee's chairman Graham Brady. To the time line for a leadership contest with her do unlikely to post the Commons. The race to succeed also throws open the shape of Brexit in Alex Morales, Bloomberg daybreak Europe. Meanwhile, on Thursday, the former four seventy boys Johnson announced that he will stand as a candidate to succeed to ISA me. He's been arguing for a holiday split from the block, then maze deal allows is that up to twenty candidates could be paying for the fight for the leadership position, including the current foreign secretary that show me hunt and the environment sexually

Bloomberg Theresa May Miranda Graham Brady Prime Minister Alex Morales Johnson UK Chairman Secretary Briggs Europe Executive
"alex morales" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:02 min | 3 years ago

"alex morales" Discussed on Bloomberg Radio New York

"That this. This keeps creeping up, you know, future dialogue and the monkeys thinking. Thanks very much. Chief as economics correspondent into joining us that from Hong Kong, let's go to leeann guaranteed now for your global news headlines in good morning, mass North Korea has fide an unidentified projectile, according to the South Korean military. This comes less than a week after it tested at several short range missiles, the projectile was fired from a location in North Korea's northwest toward the east. That's according to South Korea's joint chiefs of staff on Sunday, the country launched a number of projectiles from its east coast into the sea. Meanwhile, Theresa May under stale execution from conservative Pontiac key panel of no makers kept the rule some leadership challenges on changed. That says Brexit talks with position labor party gain new life, putting bugs Alex Morales reports. The UK prime minister agreed to meet with the executive of the panel the nineteen twenty two committee next week to discuss her future. The meeting late Wednesday was immediately followed by fresh round of cross party. Talks between the Tories and labour with both parties indicating progress afterwards May's office said the government and labor all writing with seriousness and plan to exchange. Don't commits well labor sadness statement that the negotiating teams working to establish scope food agreement in London. Alex Baroness, Bloomberg daybreak Europe. South Africa's counting votes often election that puts president civil poses tenuous grip. Pavers potty to the task of Bloomberg's Emma O emboss had reports. South Africa's election day got underway to a very positive starts on Wednesday. As voting stations across the country opened long queues of voters was seen a waiting patiently to cost phthalate throughout the country. According to the independent electoral commission in Johannesburg, I'm Columba Bloomberg daybreak Europe and Thailand has released official results from March is disputed election that based prime military Ponte's pushed to form a new covenant coalition. Bloomberg's a Randy thank them night. House the details.

Bloomberg North Korea South Korea Columba Bloomberg South Africa Europe Hong Kong Alex Morales Alex Baroness prime minister Johannesburg Theresa London Brexit UK Pontiac Emma O executive Thailand
"alex morales" Discussed on WAFS Biz 1190

WAFS Biz 1190

01:56 min | 3 years ago

"alex morales" Discussed on WAFS Biz 1190

"Now for your global news headlines in good morning mass North Korea has fide an unidentified projectile, according to the South Korean military. This comes less than a week tested as several short range missiles, the projectile was fired from a location in North Korea's northwest toward the east. That's according to South Korea's joint chiefs of stuff on Saturday, the country launched a number of projectiles from its east coast into the sea. Meanwhile, Theresa May to stay of execution from conservative Pontiac after a key panel of no makers kept the rules on leadership challenges unchanged. That says Brexit talks with position lay the Ponti gain new life. Bloomberg's Alex Morales reports. The UK prime minister agreed to meet with the executive of the panel to nine hundred twenty two committee next week to discuss a future the meeting late Wednesday was immediately followed by fresh found of cross party tubes between the Tories and labour with both parties indicating progress off too. It's May's office said the government and labor or acting with seriousness and plan to exchange documents, well labor sadness statement that the negotiating teams working to establish scope agreement in London, Alex Baroness, daybreak Europe. South Africa's counting faith often election that puts president Cyril Ramaphosa tenuous grip for his party to the test of Bloomberg's Emma O emboss reports. South Africa's election day got underway with very positive thoughts on Wednesday as voting stations across the country opened long keys voters with seen waiting patiently to phthalate throughout the country. According to the independent electoral commission in Johannesburg, I'm Columba Bloomberg daybreak Europe and China has released a Fisher results from Mancha's disputed election that beast of prey military Ponte's pushed to Fulham in new governing coalition. Bloomberg's a Randy thank them night. Towns of details. The latest results bring many small parties into parliament's.

Bloomberg Columba Bloomberg North Korea South Africa South Korea Europe Alex Morales Alex Baroness Cyril Ramaphosa parliament Theresa Brexit prime minister Pontiac Johannesburg UK London Fulham executive
"alex morales" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:58 min | 3 years ago

"alex morales" Discussed on Bloomberg Radio New York

"It's five thirty on Wall Street. Good morning. I'm Nathan Hager. And I'm Karen Moskow. We are just about four hours away from the opening of US trading. Let's get you up to date on the news you need to know at this hour, US futures and European equities are gaining following a mixed session in Asia data overnight show. China's economic slowdown deepened in the first two months of the year. Tom MacKenzie reports from Beijing. China's industrial output slowed most in a decade in January and February retail sales were flat despite Kosta personal income taxes and unemployment jumped to its highest level in two years. China's post. Abetting on fiscal stimulus and ramped up support for the private sector to stabilize the slowdown in Beijing, Tom MacKenzie, Bloomberg daybreak. Thank you, Tom. We have more fallout this morning from the Boeing seven thirty-seven max crash in Ethiopia, Bloomberg's John Tucker joins us live with the latest John. Good morning. Nate the US Federal Aviation Administration is grounded the planes. The booth comes after a satellite data and other new evidence from Sunday's crashed racists petitions about a safety feature in the max implicated in last year's lion. Aircrash in a rebuke to US authorities the flight data and voice recorders were sent to France. And some Boeing customers are threatening to reconsider six hundred billion dollars in seven thirty-seven, max jet orders. John Tucker, Bloomberg daybreak. Right. John. Thank you. We're also following the latest developments on Brexit has a delay seems inevitable. We get more from Bloomberg's Alex Morales in London. You came in parliament is set to vote to delay. Brexit a day after rejecting a departure from the European. Union without an agreement afterwards may won't do make is that unless they approve had Brexit did in the next week. They would face a lengthy delay to Brexit, which would necessitate participating in first European parliament elections in may in London. Alex Morales Bloomberg daybreak. All right, Alex. Thank you back here in the US. We have another loss for Johnson and Johnson over its iconic baby powder. A jury in California says John J will have to pay about twenty nine million dollars to dine woman who blamed as best as tainted towel for causing her cancer. It's Jane Jay's seventh loss shares. A Facebook down more than one and a half percent. In early trading users around the world were unable to access parts of Facebook and Instagram for much of yesterday. And that is the company considering refunds for advertisers. Futures this morning are moving higher. We check the markets every fifteen minutes throughout the trading day on Bloomberg s and p futures are up three points. Dow futures up thirty three NASDAQ futures up thirteen the Dax in Germany's up four tenths percent ten year treasury down. Three thirty seconds yield two point six three percent. The yield on the two year is two point four six percent. And NYMEX crude oil is up half percent or twenty nine cents to fifty eight fifty four of barrel straight ahead. We have the latest world and national news. And this is Bloomberg. Thank you. It is five thirty three on Wall Street and Michael Barr has more what's going on around the world. Michael..

Bloomberg US Tom MacKenzie Alex Morales China Brexit John Tucker Boeing Beijing US Federal Aviation Administra John Nathan Hager Facebook London Karen Moskow Michael Barr Asia Abetting
"alex morales" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:45 min | 3 years ago

"alex morales" Discussed on Bloomberg Radio New York

"Six thirty on Wall Street. Good morning. I'm Karen Moskow. I'm Nathan Hager. Red headline just crossing the Bloomberg terminal. President Trump and North Korean leader Kim Jong UN shake hands to begin their summit in Hanoi. Vietnam. Stay with Bloomberg radio for frequent updates as the summit begins in Hanoi. Karen? And we are just about three hours away from the opening of US trading. Nathan will get you up to date on some more news you need to know at this hour. Stocks are falling around the world as rising geopolitical tensions grip the markets, Pakistani. Fighter jets shot down two Indian aircraft today after India bombed targets inside Pakistan yesterday, we have the very latest on that story in just a moment. A lot going on this morning first traders await the second day of Jerome Powell testimony to congress yesterday. The fed chairman signaled interest rate hikes are still on hold even now with really historically, low unemployment integrate recovery in the labor markets. We still see muted inflation pressures, and that gives us the ability to be patient with monetary policy. And that's what we're going to do and Powell testifies before the House Financial Services committee today at ten AM, Wall Street time also in Washington today. Lawmakers get an update on trade talks between the US and China in a briefing from Trade Representative Robert lighthizer in Europe. UK Prime Minister, Theresa may has bought herself. More time to get a Brexit deal. Bloomberg's Alex Morales reports from London may brutal remain a rebels in her ministerial team with the permissive votes to rule out. A no do Brexit and delay the UK's exit from the European Union. The premier told lawmakers in parliament on Tuesday that she will continue temps to reach a deal in Brussels. So that you can leave as planned on March the twenty ninth she hopes to put that to a vote in the house of Commons by March the twelfth, and it starts rejected a vote followed by March teams whether to rule out no deal in London..

Bloomberg Karen Moskow Nathan Hager Hanoi Jerome Powell US Pakistan Kim Jong UN London UK President Trump Vietnam Brussels fed Alex Morales European Union congress Brexit India Theresa
"alex morales" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:58 min | 3 years ago

"alex morales" Discussed on Bloomberg Radio New York

"And it's five thirty on Wall Street. Good morning, Nathan Hager. And I'm Karen Moskow. We are just about four hours away from the opening of US trading. Let's get you up to date on the news. You need to know at this hour. Stocks are falling around the world as rising geopolitical tensions grip the markets, Pakistani. Fighter jet shot down to Indian aircraft today after India bomb targets inside Pakistan yesterday, be of the very latest on that story in just a moment. But first traders await the second day of Jerome Powell testimony to congress yesterday. The fed chairman signaled interest rate hikes are still on hold even now with really historically low. Unemployment integrate recovery in the labor markets. We still see muted inflation pressures, and that gives us the ability to be patient with monetary policy. That's what we're going to do Powell testifies before the House Financial Services committee at ten AM, Wall Street time also in Washington today. Lawmakers get an update on trade talks between the US and China in a briefing from Trade Representative Robert lighthizer in Europe. UK Prime Minister, Theresa may has bought herself more time to get a Brexit deal. Bloomberg's Alex Morales reports from London to resume Buso remain rebels in her ministerial team with the of votes to rule out a no deal, Brexit and delay the UK's exit from the European Union. The premier told lawmakers in parliament on Tuesday that she will continue temps to reach deal in Brussels. So that you can leave as planned on March the twenty ninth she hopes to put that to a vote in the house of Commons by March the twelfth. And if that's rejected followed by much teams on whether to rule out no deal in London. Alex Morales Bloomberg daybreak. Alex. Thank you to Vietnamese airlines have signed. Also, the Boeing to buy one hundred ten passenger jets. The agreements have a list price of fifteen point seven billion dollars. Shares of Weight Watchers are down thirty three percent this morning. The company posted a full year forecast. Well, below estimates says member recruitment will decline this year Mylan. Shares are down eleven percent in early trading. The maker of generic drug says adjusted earnings will fall short investments in home improvement retailer Lowe's. Best buy an HP lead fifteen companies in the S and P five hundred reporting earnings today, L, let's get you up to date on how stocks are faring. We check the markets every fifteen minutes throughout the trading day on Bloomberg s&p futures down eight points. Dow futures down eighty eight NASDAQ futures down twenty the Dax in Germany is down three quarters of a percent ten year treasury little change yield two point six three per cent. They yield on the two year two point four seven percent. Nymex crude oil up one point two one percent up sixty three cents to fifty six thirteen a barrel. Comex gold little change at third. Thirteen twenty eight fifty an ounce. The euro is at a dollar thirteen ninety six and the yen at one ten point four two. And straight ahead. We have the latest world and national news. This is Bloomberg. Thank you. Karen? It is five thirty three on Wall Street and Michael Barr has more what's going on around the world. Good morning. Michael. Good.

Bloomberg Alex Morales Karen Moskow US Jerome Powell London Nathan Hager Michael Barr Pakistan UK fed Brussels Boeing Lowe congress Mylan India Theresa Europe Trade
May Allows Parliament Vote for a Short Extension to Delay Brexit

Bloomberg Daybreak: Europe

00:42 sec | 3 years ago

May Allows Parliament Vote for a Short Extension to Delay Brexit

"When it comes to our top stories. Theresa May has a bottle rebels in her cabinet by promising votes to rule out a no deal, Brexit and delay to the case exit from the European. Union. Bloomberg's Alex Morales reports. The premier told lawmakers in parliament on Tuesday that she'll continue temps to reach deal in Brussels. So that you can leave as planned on March the twenty ninth she hopes to put that to a vote in the house of Commons by March twelfth. And if that's rejected a vote will follow March the thirteenth, I'm whether to rule out no deal. And if lawmakers do that they'll get a vote on a short extension to Britain's E U membership to concessions appear to have won over rebellious. Ministers who are now likely to support the premier in a vote on her strategy on

Theresa May Alex Morales Bloomberg Brussels Britain Brexit
"alex morales" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

08:01 min | 3 years ago

"alex morales" Discussed on Bloomberg Radio New York

"We're going to continue to talk about what's going on with gold with our next guest. And why don't I bring him in right now Bill, Al fees? Global head of g ten FX strategy. Joining us in our London studio and Bill out, you know, the our mlive log made an interesting point today that as central banks around the world, turn dovish or already positioned dovish, turn more dovish. It's interesting that gold may be able to challenge its high of thirteen sixty six do you see that anytime in the near future? Yes. I think that's certainly a possibility. And as you rightly points. It out. The fact that central banks around the world are becoming more dovish makes gold much more attractive. I think the other dimension is that if you look real interest rates, so no in traits minus inflation rates do seem to be coming down a bit in the key central banks. So after the feds pivots US, we rates have come off a bit. So that generally is quite supportive for gold. And of course, there is a general dollar Bank rob-, which is kind of mixed you could say, but generally hasn't been a strongest last year. So I think all of these point to gold getting higher, and I do think that we could reach breach that thirteen sixty or thirteen sixty five Mark by the end of world certainly before the end of this year. What are the currency pairs that you think are the most interesting to watch right now? Well, I think at the moment in the near term at least I think that many emerging market currencies. Most interesting to look at. I think there's a search for yield. That's going on so many the high yielding currencies which yield is really only possible to to get in EM so currencies like, Indonesia, Turkey, Mexico. Brazil vessels currencies. I think I'll probably most interesting on on the stronger side outside if that, and if you look at the big dollar Pez, your dollar Dalian, I mean, essentially, those are really trapped in a range for now your daughter's being in arrangements for six months now. I do think that in the next few months will say we will see a breakouts in the euro two top side. So I do think you are will will will appreciate the finale at least I think most interest is really on EM currencies rather than the g ten ones. What will drive your appreciation? I mean, even if the fed doesn't hike rates, the certainly isn't going doesn't look like it's going to be able to. And you know, I mean. To the main countries, France and Italy aren't getting along there's real problems with car manufacturing. There's so many issues you could point to for the euro, why do you know, really good question. And this is something we constantly think about and I'll kind of flip it the other way round too. So say that over the past six months, we've had absolutely terrible news Europe. So while the US has been on the stronger side, the Fed's been hiking until very recently Europe's had a barrage of really really bands aids. And during that time, the euro has just gone sideways. So so might take there is that if we get a slight improvement in in news around Europe, then that should see the euro go higher because the news cont get really any any any worse on the European side. So that's really the take that essentially the bad news is priced. I got it. And again in terms of the dollar-yen me we have seen it stuck in a pretty tight range. But if there's no trade deal at the global slowdown continues. Do you start? See people running for safety in the end. Yeah. I certainly do think that would be the case, I think the yen is especially with the fed is not driving risk aversion. So last year, we saw many instances where the fed was raising rates and that led to risk aversion and the yen didn't necessarily do. So. Well, I think this is this is different because the feds more dovish. So do you think this again is probably the most favored safe-haven currency, and that really then hinges on whether we do get bad news from the trade deal, Brexit and all these other sorts types of events speaking at Brexit. We're still looking at a dollar thirty almost a dollar thirty one for for the pound for the cable rate. Why so strong? Well, I think that just tells you that the market is expecting some good news from the Brexit side. So the market thinks that the rhetoric from Theresa May where she's being implying that there's more positive news. The e u I mean to me the hasn't really budged, but that seems to be some more positive sentiment from the EU. And I think there's a general view in the market, and certainly when we speak to clients the view is that the closer we get to a deadline that will force parliament to push through some kind of soft breaks type outcome all raised to delay. And so the market is starting to price price that outcome Bill. Thanks so much for joining us this morning on Bloomberg TV and on Bloomberg radio. Bill all have eased the global head of FX strategy at NoMura also charger fixed income for a appreciate your time this morning. Let's get the world national news headlines now for that we go to Markus Karlsson, Markus. Thanks very much. Matt starting with the Brexit politics. As Prime Minister Theresa may is racing to find a way out of the Brexit impasse with the EU. Bloomberg's Alex Morales has those details. Brexit secretary Steve Cain, attorney general Jeff. He cooks do you in Brussels and Thursday with proposed changes, the UK seeking to the DeVos to to make it acceptable to the house of Commons may herself met with European Commission. President Joan could occur on Wednesday. And they said they'd meet again before the month is up the progress. In Brussels comes as problems amount domestic for the prime minister with three lawmakers quitting her party. And as many as fifteen ministers plotting to challenger and a vote next week as they seek to avoid a no deal breaks it in London. Alex Morales Bloomberg daybreak Europe. In other European use the will release the account of its. January meeting today, and it's likely to reveal the level of anxiety about the prospects for the euro area. Konami Bloomberg's Pyotr Skolimowski has the preview from Frankfurt. The most recent comments suggest some officials are starting to lay the groundwork for action after deciding month that risks to the outlook have moved to the downside. The key questions are whether the CB will delay its plans to raise rates, and how far it is. From a decision to roll out new longer term funding for banks in Frankfurt ski Bloomberg daybreak Europe in other headlines this morning, President Trump says Kim Yong own must do something meaningful to see US sanctions lifted Trump will fly to Hanoi next week for his second summit with Kim. They're expected to discuss the next steps in North Korea abandoning its nuclear program building on the statement that they signed in Singapore last year. And President Trump has signaled that he will aim new weapons at the US. The Pentagon stations missiles in Europe this after quitting a landmark Cold War era, treaty. Bloomberg's Henry Mayer has more the looming standoff is bringing back memories of the nineteen sixty two Cuban missile crisis. When the two superpowers were on the verge of a nuclear clash in Moscow. Henry man, Bloomberg daybreak Europe. Global news twenty four hours a day on Aaron it takes on Twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries. I'm Markus Karlsson. This is Matt Markus. Thanks. Let's get the European sports report for that we go to William Mesler William Manchester City manager pep Guardiola says his team are not ready. The challenge for the Champions League. His side have to come from behind to be Shoka three to last night after conceding to penalties and having a player sent off Guatemala felt it showed an immaturity. Incredible. Good. So he goes away, so good. But we gave the first goal we gave civil one. So we'll have chances to not ready to fight for Champions League. Kamani ball Steve Clarke launched a scathing attack on a -ficiating and Scotland after his side's Scottish Cup tie last night. They were beaten by Rangers eyebrow and a fifth round replay.

Europe Bloomberg fed Bill Matt Markus Brexit Markus Karlsson US Global head London EU Brussels Theresa May dollar Bank Alex Morales Frankfurt prime minister Bloomberg TV Konami Bloomberg
"alex morales" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:54 min | 3 years ago

"alex morales" Discussed on Bloomberg Radio New York

"I'll let you take it away with the markets. Yeah. Absolutely. We are seeing the euro still holding onto gains. The we saw earlier when French PM ice came in stronger-than-expected rising by about zero one five percent against the dollar looking at other markets as we're thirty thirty minutes into the European equity session. We're still fairly flat. When it comes to the stock six hundred pops we've turned marginally higher now, basic resources the worst performing sector after report earlier, the Chinese customs officials are. Banning coal imports from Australia. So basic resources down by six tenths of one percent. In terms of stocks. The single biggest lie as Centrica that stock down here in London by almost eleven percent. This after full year operating profit missed estimates. We're also looking at banks trading to the downside this morning, despite to shares in Barclays rallying Swedish banks taking another leg lower after the reporting that we had out on sweat Bank in yesterday's session. Looking at the handover as well. The Asian regional benchmark index higher by about two tenths of one percent. We've seen it waiver also throughout the night to once again on to report regarding Australian coal imports into China. A quick look at the dollar, the Bloomberg dollar spot index little changed as I say, we are seeing the euro catching some beds. Hey, one spot thirteen fifty seven. That's where we're at. All right. Let's get to our top stories, then and the US and China edging closer to a trade deal. Bloomberg has learned that a Goshi. Are working on multiple memos of understanding that would form the basis of a final agreement. They would cover the major areas of dispute including agriculture, intellectual property, and technology transfer still no breakthroughs expected this week during talks in Washington. Let's also bring you up to date with the Brexit story this morning, Prime Minister Theresa may racing to find a way out of her Brexit impasse. Bloomberg's Alex Morales has those details Briggs secretary, Steve Berkeley, an attorney general Jeffrey cokes do in Brussels on Thursday. With proposed changes the UK seeking to the DeVos do to make it acceptable to the house of Commons may herself met with European Commission. President John could Yonker on Wednesday. And they said they'd meet again before the month is up the progress. In Brussels comes as problems domestically for the prime minister with three lawmakers quitting her party. And as many as fifteen minutes is plotting to challenge her in a crunch vote next week as they seek to avoid a no deal Brexit in London. Alex Morales Bloomberg daybreak Europe. Meanwhile, Fitch has put. The UK on a formal downgrade warning points to increase risks about the country could tumble out to the EU without a deal. And turning to. Of course, the top story this morning on the fed- Federal Reserve policymakers see twenty nineteen marking the end of their balance sheet run off at least according to most officials in the minutes. But they haven't ruled out more interest rate increases that comes from the minute solve last month's meeting, and despite growing risks to the economy. There was no talk of an interest rate, cut and standard. Chartered says it will take a nine hundred million dollar charge related to fourth quarter results. It covers estimates for potential penalties from probes into violations of US sanctions currency trading and financial crime controls. Standard Chartered is facing a UK regulatory penalty of about one hundred and thirty million dollars after settling a separate currency investigation. Last month. It is due to report next week. We all seen thunder tall to chairs in London. Trading higher by one point seven percent. All right now. Let's stick with earnings Anglo American has put the. 2015 commodity crisis. Firmly behind it the minor cut its net debt for a fourth straight year after full year earnings beat estimates. CEO Markku Tiffany spoke exclusively to Bloomberg's Matt Miller earlier who began by asking what drove at the turnaround. I think the signature places the productivity.

Bloomberg London UK Alex Morales prime minister Brexit US China Brussels Centrica Barclays CEO Markku Tiffany DeVos Australia Standard Chartered Federal Reserve Matt Miller sweat Bank Europe
As Brexit Day Nears, Conservatives Consider Purging One of Their Own

Bloomberg Daybreak: Europe

00:47 sec | 3 years ago

As Brexit Day Nears, Conservatives Consider Purging One of Their Own

"Made Theresa May face a potential revolt from pro Brexit members of our own conservative party in a vote later today. Bloomberg's Alex Morales says it comes as the prime minister wants more time to secure changes to her Brexit deal. The problem is the motion she's propose Austin to support the approach approved on. On January the twenty nine by the house of Commons. Then lawmakers voted for me to seek binding changes to her Brexit do but also to reject or no deal departure, that's problematic the eurosceptics inter-party because many prefer no deal Brexit to the agreement. She's reached members of the anti EU European research met with chief whip Judy and Smith Wednesday evening to insist that leaving the block without an agreement. Must remain an option the meeting broke up without resolution, meaning some conservatives may not

Alex Morales Theresa May Prime Minister Bloomberg House Of Commons Brexit EU Judy Smith
"alex morales" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

06:00 min | 3 years ago

"alex morales" Discussed on Bloomberg Radio New York

"The euro dollar thirteen thirty four and the yen went oh nine point eight seven John barren. Karen, let's begin Europe. This is where the EU is slashing its forecast for growth blue. Burg's you in pots joins us live from London with the latest morning you good morning. John. Karen? The European Commission is cutting its growth forecast for all the regions major economies a warning the Brexit's and the slowdown in China threatens the outlook even worse it. Now sees your growth of just one point three percent for the year that's down from a previous forecast of one point nine percents. When it comes to Italy. The forecast is being cut by a full percentage point with the Italian economy set to grow just two tenths of one percent for the year. Germany's GDP also getting a significant downgrade with costs now calling for growth of one point one percent. The revision follows a to that Saint disappointing economic data across the entire euro area. Live from London anew imports. Bloomberg daybreak you. Thank you earnings out of Europe. Also in focus Societa Generale reports trading revenue plummeted in the fourth quarter. And that has the French Bank cutting costs by five hundred seventy million dollars CEO, Frederick odiaun spoke. Bloomberg following the results to see the area where we have boosted more disappointing results is the capital markets. And what we are doing is not just reacting to a difficult fourth quarter. Well, taking into account the environment. We are expecting in the coming years so Siete Generali's slashing forecasts after a grim quarter for European investment. Banks results follow up profit warning from the French Bank. That had already priced in some of this news shares of stock. Jan have been swinging between gains and losses. This morning right now they're down about two percent and shares of unit credit are surging after fourth quarter income top two estimates. The Italian Bank also completed cost cutting plans ahead of schedule Bloomberg Sam instead reports I think what you're seeing is being rewarded for taking action to try and reshape things say genre. Shrinking their trading unit UniCredit is well that cutting costs and they clean up the business. And I think both by the looks being rewarded for taking those proactive steps. Lower expenses. Ricky driver prophet at UniCredit right now. Shares are up three percent in Milan. Total as the latest big oil company. Reporting a big increase in profit saying pump to record oil and gas last year. Bloomberg's well Kennedy has more you'll getting a media really sharp increase in production over two years. You're looking at twenty percent, which is quite remarkable for one of the world's largest oil companies video shows that total is firing on all cylinders net. Income Fourtou tall was up. Ten percent. From last year. Investors may have been looking for more though, shares are down. One percent shares Publicis are down more than ten percent. The company suffered a surprise drop in fourth-quarter sales. Thanks to cuts an ad spending. By consumer brands in the US, then has other advertising stacks, pulling with WPP on the Khan and enter public all losing ground on the Brexit. Frontier. Isa may heads to Brussels today seeking changes to her deal with the EU Bloomberg's Alex Morales report. The UK prime minister will meet with e you president Donald tusk. And European Commission. Chief shown could Janka objective is to secure guarantee that Britain can't be trapped in the Irish border backstop. But there are a few signs of compromise. From the EU whose leaders have been unanimous in their reluctance to reopen talks withdrew will agreement tensions. Haven't been helped by remarks and Wednesday that there's a special place in hell for British politicians who campaign for Brexit without a clear plan of how to implement it in London. Alex Morales Bloomberg daybreak. All right. Thanks, Alex, added seventy and Wall Street time the Bank of England announces its latest policy decision officials are likely to keep interest rates on change leaving much of the focus on their poor cast and annual review of the UK economy, Juan Perez, a senior strategist at tempests forecasting. What's going to happen today is a little bit more difficult than usual Vancouver England. Governor Mark Carney could go two ways. Either. They can really focus on the fact that seems Brexit now is once again, very very uncertain. I know deal scenario will be. Straw going that route is very dovish sacred. Also, just say, hey, look, fundamental. So the economy there on the up and up and not everything is doom and gloom Bank of England. Governor Mark Carney holds a press conference at seven thirty Wall Street time, which will bring you live right here on Bloomberg radio. Regulators in Germany are opening up probe on Facebook. Germany's Federal Cartel Office is giving the social media company, twelve months to change its user, data policy, and the way it combines user data. Bloomberg's Tony errands has details they're saying that Facebook is so dominant in social media that they have to have certain protections for their users to avoid treating the badly. And they said they can't mix data from multiple sources. Did they can't monitor web surfing by Facebook customers, and then incorporate that into their models, and whatever other models they used to sell data on Germany has banning Facebook from combining data from various sources, the company will appeal the order saying it's been targeted unfairly shares of Facebook down one percent in early trading. And we have a regional Bank deal to tell you about this morning be the SunTrust or combining in an all stock deal. Valued at sixty six billion dollars that has shares of SunTrust up about five percent at the pre market. This is Bloomberg. Now, six oh, seven on Wall Street. Let's get news from around the world this morning. Good morning to Bloomberg's Michael Barr. Thank you, John. The house intelligence committee voted to send dozens of unredacted transcripts from its Russia investigation interviews to special counsel. Robert Muller chairman, Adam Schiff wants mullet review the transcripts to see whether any other witnesses who appeared before the panel committed perjury Schiff also says they will probe whether foreign governments or individuals had improper leverage over the president or his business interests hard.

Bloomberg EU Facebook London Germany Governor Mark Carney Alex Morales UniCredit Europe Bank of England European Commission John SunTrust Brexit Karen John barren UK president French Bank
"alex morales" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:35 min | 3 years ago

"alex morales" Discussed on Bloomberg Radio New York

"The euro dollar thirteen forty three and the yen one ten John. And Karen, let's begin with the breaking news out of Europe. This is where the EU is slashing. Its forecast for growth. Bloomberg's pots joins us live from London with the latest. Good morning. Good morning, John. And Karen, the EU is cutting its twenty nine hundred forecast for the area to one point three percents. That's down from one point nine percent previously. When it comes to Italy, the focus is being by a full percentage point the commission. Now seeing they tell you to call me growing by just two tenths of one percent for the year. Germany's GDP also getting significant cuts with forecast. Now calling for growth of one point one percents thus down from a previous estimates of one point eight percents. The commission also cutting its forecast for inflation from one point eight percent down to one point four percents. And it says it sees quote, large uncertainty surrounding Brexit's live in London immune pots, Bloomberg daybreak. All right. Thank you. You and earnings that of Europe also in focus socio patient Arale reports trading revenue plummeted in the fourth quarter. And that has the French Bank cutting costs by five hundred seventy million dollars. CEO of Frederick. Uh-huh. Diaz spoke to Bloomberg following results to see the area where we have boosted more. Disappointing results is the capital markets. And what we are doing is not just reacting to a difficult fourth quarter. Well, taking into account the environment. We are expecting in the coming years. Sanitation is slashing forecasts after grim quarter for European investment. Banks that results follow a profit warning from the French Bank that it already priced in some of this news series of sock in have been swinging between gains and losses this morning right now, they're up a third of a percent and shares of UniCredit surging after fourth quarter income topped estimates. The Italian Bank also completed cost cutting plans ahead of schedule at Bloomberg. Sam unsteady has details. I think what you're seeing is thanks being rewarded for taking action to try and reshape things say Societe Generale shrinking their trading unit. Unicredit is well that cutting costs and they clean up the business. I think both by the looks of being rewarded for taking those proactive steps. Lower expenses were a key driver prophet at UniCredit right now. Shares are up five percent in Milan. Total as the latest big oil company. Reporting a big increase in profits. Saying it pumped a record oil and gas last year. Bloomberg's well Kennedy has more you'll getting really sharp increase in production over two years. You're looking at twenty percent, which is quite remarkable for one of the world's largest oil companies really shows that title is funding on all cylinders net. Income Fourtou tall was up. Ten percent. From last year. Investors may have been looking for more though, shares are down half percent and shears Publicis are down boards and ten percent. The Catholics suffered a surprise drop in fourth-quarter sales. Thanks to constant ads spending by consumer brands in the US that has other advertising. Stocks falling with WPP on the common and the Republic all losing ground on the Brexit frant-. Theresa May has to Brussels today seeking changes to her deal. The e u Bloomberg's Alex Morales reports the UK prime minister will meet with e you president Donald tusk and European Commission. Chief shown could Janka objective is to secure guarantee that Britain can't be trapped in the Irish border backstop. But there are few signs of compromise. From the EU whose leaders have been unanimous in their reluctance to reopen talks withdrew will agreement tensions. Haven't been helped by six remarks and Wednesday that there's a special place in hell for British politicians who campaign for Brexit without a clear plan of how to implement it inland and Alex Morales Bloomberg daybreak. Thanks, alex. And at seventy Wall Street time, the Bank of England announces its latest policy decision officials are likely to keep interest rates unchanged. Leaving much of the focus on their forecast. An annual review of the UK economy on Peres is senior epic strategist at tempests forecasting. What's going to happen today is a little bit more difficult than usual. The Bank of England. Governor Mark Carney could go two ways. Either. They can really focus on the fact that seems. Brexit now is once again, very very uncertain and no deal scenario will be catastrophic going that route is very dovish Baker. Also, just say, hey, look, their fundamentals of economy there on the up and up and not everything is doom and gloom of Bank of England. Governor Mark Carney holds a press conference at seven thirty. Am Wall Street time, which will bring you live right here on Bloomberg radio regulators in Germany are opening up probe on Facebook had Germany's Federal Cartel Office is giving the social media company, twelve months to change its user, data policy, and the way it combines user data. Bloomberg's Tony errands has details saying that Facebook is so dominant in social media that they have to have certain protections for their users to avoid treating them badly. And they said they can't mix data from multiple sources. Did they can't monitor web surfing by Facebook customers, and then incorporate that into their ad models and whatever other models used to sell data on? Germany is banning Facebook from combining user data from various sources, the company will appeal the order saying it's been targeted unfairly shares a Facebook or down about one percent in early trading. And straight ahead. We have the latest world and national news. This is Bloomberg. Thanks, Karen, 507, Wall Street. Let's get news from around the world this morning. We say good morning to Bloomberg's Michael Barr. Thank you, John..

Bloomberg EU Bank of England Karen UniCredit Brexit Facebook Governor Mark Carney Germany Europe John French Bank Alex Morales London UK Societe Generale Italian Bank Milan Publicis WPP
"alex morales" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:37 min | 3 years ago

"alex morales" Discussed on Bloomberg Radio New York

"Global news right now. Because UK Prime Minister Theresa May's negotiation path may have gotten quite a bit rockier today. That's after comments coming from the president of the European Council. Ed Baxter has global news in the Bloomberg nine sixty San Francisco newsroom. Yeah. Ramey. Donald tusk saying there is a special place in. Hell for Tory, Brexit tears without a plan. Off responsibility also tells us to prepare for a possible fiasco. And I have spoken about the necessary actions in case of flow, do now the hell comment is drawn reaction for those stories that tusk arrogance serves no purpose, and Bloomberg's Alex Morales vs worried about that even if they do give concessions he may not be able to get anything through hockey now may meets with JEAN CLAUDE Juncker Ye you commission president tomorrow and go she are working behind closed doors for some kind of solution as well. China's national medical products administration has demanded that Shanghai regulators. Check products and plasma at Shenzhen medicine after reports of plasma testing positive for H I V antibodies. The national health commission has ordered a halt to the use of the companies related products with a second Trump Kim summit set for the end of the month. Now, there is some criticism today for the position that the US president is taking a president has touted the fact that no missiles have been tested since the first summit and. Most members of congress have just stood back and watched. But today democratic Senator Ben Cardin says that is not the story. They haven't tested.

president Bloomberg Donald tusk Prime Minister Theresa May Senator Ben Cardin JEAN CLAUDE Juncker Ed Baxter Ramey Tory congress San Francisco Alex Morales UK European Council Shenzhen China US hockey
"alex morales" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

09:51 min | 3 years ago

"alex morales" Discussed on Bloomberg Radio New York

"Minutes here on Bloomberg radio. We do. Indeed, I'm Markus Karlsson. Let's bring you up to date then with these markets as we're thirty minutes into the European trading day. We're seeing European stocks firming up somewhat says the open the stock six hundred higher by about half of one percent. A little bit more than that. Even the Footsie-100 rising by two thirds of one percent. The CAC owned by eight tenths of one percent and the vaccine Frankfurt's rising here by one point one percent earnings since we setting the tone oil and gas stocks heading higher after stronger than expected fourth-quarter earnings. From shell passenger household goods. Meanwhile, is the biggest lie grin types of sectors. This as Unilever's set new CEO, for instance, has said that the company is facing a tough year ahead as Latin America is struggling sales the fourth quarter sales figure from Unilever also missing targets or missing estimates. Here according to analysts look. Looking at some of the handovers as well that we've got Wall Street. Of course, got a boost last night. We're seeing US futures heading higher today as well. As p futures gaining by three tenths of one percent. Asian stocks higher across the board with the MCI Asia Pacific index rising by one point two percent. We're seeing the Bloomberg dollar spot index down by a quarter of a percentage point. So extending the returns that we saw yesterday with the Federal Reserve, of course, very much front and center the ten year treasury yields declining somewhat extending also because from yesterday two point six six eight percent. That's why we all went when it comes to that ten year yield is it a touch of fed fauria. We're seeing at least in equity markets, how long will it last the Federal Reserve now signaling patients on future interest rate adjustments, chair Powell says the US economy is in a good place, but expressed concern about overseas developments over the past few months, we've seen some cross currents and conflicting signals about the outlook growth has slowed in some major foreign economies, particularly. China and Europe there is elevated uncertainty around several unresolved government policy issues, including Brexit, ongoing trade negotiations and the effects from the partial government shutdown in the United States Powell also indicated that the fed may not be as aggressive on its balance sheet run off as some have thought. Meanwhile, China's slowdown has slowed a little the nation's factory gauge contracted in January, but came in above the December level a gauge of new export orders. Also improved slightly. This comes as high level talks continue between the US and China. But there are few signs that Beijing will bend to American demands key issues still remain in areas of intellectual property and market access during today's negotiations. President Trump is expected to meet with China's vice premier you her. In the UK. Theresa May has met with Jeremy Corbyn to hear the opposition leaders vision of Brexit in a bid to devise a deal that could come on support in the house of Commons, and you Poon bugs Alex Morales reports that prime minister will meet with more UK lawmakers on Thursday. She crossed the of demands to take to Brussels she wants changes to the Irish backstop. The most controversial part of the deal. She's already brokered her business sexually Greg Clark appeared to pour cold water over one avenue. She's exploring he said he studied the idea technology can Soviet impasse. And I myself don't see that being currently available. It may all be moot. Anyway, a succession of e you fficials and leaders said on Wednesday that the backstop isn't up for renegotiation in London. Alex Morales Bloomberg daybreak Europe and Italy's prime minister that picante says that the economy probably shrank in the fourth quarter provoking, a recession that would hinder the populist governments spending pants, his comment raised eyebrows. Came a day ahead of major economic announcements. Preliminary GDP data will be published at eleven o'clock Rome time today, that's ten GMT. The statistics office denies that. The numbers were leaked. Let's turn to earnings news, then with expectations high from investors for the oil majors shell has reported adjusted profit for the fourth quarter that beat the average analysts estimate earlier, my Cohen can manage cranny, and I spoke exclusively to CFO Jessica all who said a surge in cash flow is underpinning returns to investors are buyback program is an important commitment. We made to the markets with the with the BG transaction, and we remain committed to achieving the twenty five billion by by twenty twenty. I think it's important to keep in mind. The amount of cash the company's generating we generate some fifty billion dollars in cash flow from operations, a pretty extraordinary number more than twice than what it was in two thousand fourteen when prices were ninety nine dollars a barrel versus some seventy on average for the year. And are strong cash flow generation as a company is what's allowing us to continue to invest in shell to continue to grow the company to continue to pay down that we've been strengthening our balance sheet for the last couple of years. And of course, start the share buyback program would have are important commitments increase shareholder distributions and we've completed some four point five billion dollars already. And as you've heard we've we've committed to the next tranche of two point five billion dollars. So if you look at the underlying cash-flow generation of the company or able to achieve what I think is a very ambitious ambitious set of objectives. Which again is growing the company de leveraging strengthening the balance sheet and continuing to increase shareholder distributions. Yeah. Jessica there certainly are a lot of ambitious things to achieve not just for shell. But for oil majors in general the demands from investors all the dividends and buybacks, but also cutting debt and production growth and Capac. You've talked about the free cash flow. Of course that is key to it. But there's a debate among analysts in. Terms of shell being at risk of underinvesting and not focusing enough on growing reserves. What do you say to those concerns that we're focusing on growing value and growing growing our cash flow, which we've demonstrated over the last couple of years truly important to look at the quality of our earnings, the quality of our casual the nature of our cash flow and the amount we have been investing in a company for the last couple of years. It's what's allowing us now to generate fifty billion dollars in cash flow from operations and we've been the highest generator of cash flow for the last four quarters in the entire sector. So I think in terms of assessing our investment assessing the direction of the company proof is in the pudding. Are you can see what we've been generating in terms of cash based on the investments, we've been making what I'd also point out is that our capital discipline, and our capital officiency isn't a completely different place than it was a couple of years ago. We have reshaped the company in terms of our unit development costs. We've reshaped the company in terms of our unit operating costs. So what we're able to deliver. For today is much more than what we were able to deliver before forgiven dollar of capital spend, and the final point I would make is in terms of our cash flow less than half of it's coming from our upstream business, we've got huge industry leading businesses in our integrated gas portfolio Ellen g portfolio, and of course, our downstream business and those businesses are less capital dependent to generate to generate growth. So it's important for you to understand the nature of the nature of our cash flows, which aren't necessarily dependent on. Excessive levels of of capital investment. And importantly, the way we have reshaped the company allows us to accomplish a lot more for the same dollar capital. Spend that was shell CFO. Jessica all great to speak to her this morning. And really what she's saying at the end there is that essentially shell can get more bang for its buck for each dollar of investment. And you know, I did push later in the interview as well in terms of dividends buy-backs investment, which of course, means a future growth and debt reduction. Is there anything she was prioritizing more her response? We can afford to do it. All. Yeah. Absolutely buybacks to the chino. What? Twenty five billion dollars go forward by twenty twenty. That's what she is promising to stick to so. Yeah. Interesting interview with Jessica all the CFO of shell. Let's get some more headlines from around the world. Here's Leon gehri-. Good morning, Markus. Britain's foreign secretaries expected to urge EU nations to impose sanctions on member. Solve nNcholas Maderas innocent in Venezuela. As pressure mounts on the president. Jeremy hunt is expected to use a summit in Romania to make the call. This comes after his rival Han Guido claimed in a New York Times opinion piece that he's held meetings with the military to win support for ousting Madero, Philippine warplanes habitat to local terrorist groups suspected of bombing a Catholic church on Sunday. Bloomberg's Andrey Kalonzo says the military has intensified operations and attack helicopter dropped dockets over parts of the southern province of subdue targeting. Members of the Abayev terrorists. Do the church bombing killed at least twenty one persons and injured about one hundred others in Manila and whole Lonzo. Bloomberg daybreak Europe Italian Deputy, Prime minister Matteo Salvini will talk construction site for the disputed fonts, Italy railing later this week ramping up pressure on coalition ally, the Finestone government which opposes the projects. Bloomberg's Kevin Costello reports. It's one more sign. Of tensions within the Italian coalition government that could eventually lead to early national elections Italian Premier Giuseppe content is doing his best to keep peace between Salvini is league party and the five star in Rome, Kevin Castillo, Bloomberg daybreak Europe. And finally in the UK the piece onto be handed. New powers to disrupts in life of violence. Officers will target suspects your thought to regularly carry blades and could curb they social media use or impose nighttime curfews breaking knife crime prevention, or what would be a criminal offence. Home secretary sergeant javard I want to make sure that.

Bloomberg Jessica Europe prime minister CFO US twenty twenty Federal Reserve Markus Karlsson Rome UK China Alex Morales Unilever CAC Italy Beijing
"alex morales" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:37 min | 3 years ago

"alex morales" Discussed on Bloomberg Radio New York

"Thirty if you're listening in Brussels, Frankfurt or Paris. I'm great to have you. Have you with us on the show this morning, that's talke through the latest data as we do every fifteen minutes here on Bloomberg radio socks in Asia. They've been rallying almost across the board with all sectors moving higher following strong gains on Wall Street last night. We're seeing the Asian regional benchmark higher by one point two percent. European futures pointing higher this morning as recounting you down to the start of equity trading in less than thirty minutes time. Euro stocks fifty futures putting on almost six tenths of one percent. We're seeing similar gained for Dax futures Footsie-100 futures rising about a third of one percent in the fixed income space European bone jails are taking their cue from at treasuries on the back of the fed meeting. The ten year boon jailed, for instance, dropping this morning by two and a half basis points trading now at sixteen and a half basis points. This is treasury yields art extending thirty clients from last night, we saw a decline for the ten year f- by runabout three basis points and other basis points. Coming off this morning at two point six six six percent, the dollar extending a decline from last night. We're seeing the Bloomberg dollar spot index trading now near a four month. Low of by another a quarter of a percentage point this morning. The euro back above the one fifteen handle at one spot. Fifteen twelve starting this morning trading at one spot thirty one forty nine higher by about a quarter of a percentage point. That's the latest data. Let's also bring you a red headline on the Bloomberg terminal this morning out of Japan's financial industry. Mizzou? How financial group is reporting third quarter net income of fifty point six billion yen the estimate there was for three hundred and fourteen point nine billion yen. So we're seeing a clear miss here by Mizzou ho financial group. Let's get to our top story and the fed front and center the Federal Reserve now, signaling patients on future interest rate adjustments chapels says that the US economy is in a good place, but expressed concern about over. Overseas. Developments over the past few months, we've seen some cross-currents and conflicting signals about the outlook growth has slowed in some major foreign economies, particularly China and Europe there is elevated uncertainty around several unresolved government policy issues, including Brexit, ongoing trade negotiations and the effects from the partial government shutdown in the United States Powell also indicated that the fed may not be as aggressive on its balance sheet run off going forward as some previously had thought in the UK. Let's bring you up today toward the Brexit story. Theresa May has met with Jeremy Corbyn to hear the opposition leaders vision of Brexit in a bid to device deal that could come on supported house of Commons and in the EU Bloomberg's Alex Morales reports. The prime minister will meet with more you can make us on Thursday. She crossed the center two months to take to Brussels. She wants changes to the Irish backstop. The most controversial part of the deal. She's already brokered business sexually Greg Clark. Appeared to pour cold water over one avenue. She's exploring he said he studied the idea technology can Soviet impasse. And I myself don't see that being currently available. It may all be moot. Anyway, a succession of e you fficials and leaders said on Wednesday that the backstop isn't up for renegotiation in London. Alex morales. Bloomberg daybreak Europe. Facebook Pompton lake tradeoff beating expectations on revenue in the last quarter sales came in a fraction below seventeen billion dollars, indicating advertisers have stayed on board despite a string of privacy scandals. His cO Cheryl Sandberg working to continue to make the investments to prevent harm to build great products. People wanna use an invest in the future with things like VR in a are. And so our focus is continuing to do all of that. And I think people wonder if we can do it at once. And I think this quarter shows that we can and we will Facebook's audience also grew averaging one and a half billion a day. In the month of December up nine percent from a year earlier. And let's also Tonto. A Bloomberg scoop when it comes to apple the company is set to plan to launch iphone so with a more powerful three d camera as soon as next year. This would step up the companies push into ornamented reality sources told Bloomberg that the new system would use a laser scanner rather than existing dot projection technology. That's a quick look at our top stories this morning. Let's bring up to date with what's happening around.

Bloomberg Theresa May Federal Reserve Brexit Brussels Alex morales Greg Clark Europe Mizzou Facebook US Asia prime minister Frankfurt Pompton lake London Cheryl Sandberg Paris
"alex morales" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

04:03 min | 3 years ago

"alex morales" Discussed on Bloomberg Radio New York

"The boarding here divided. And I'm Markus Karlsson Atlanta. Whereas use of just said, it's just gone seven thirty which means that we've got half an hour to go before the stock market open and after two days of gains, the futures in this part of the world indicate that we are looking at a negative opening Europe. Euro stocks fifty futures declining by six tenths of one percent. We're seeing footsie futures down by about half of one percent. Dax futures down by about two thirds of one percent and count features down by a little bit more than half of one percent. This following a pretty bland Asian session. Japanese equities have been weighing on the region with the Nikkei index shutting up shop with a loss of one point three percent. Looking at the regional benchmark combat to was down only slightly so though down by about a tenth of one percents. This following gains in Australia little bit earlier. We did also see some gains in mainland China that's soured somewhat with the. PSI three hundred down by two tenths of one percent. Treasuries climbing with a ten year treasury yields declining by almost two basis points two point six nine percent. That's where we stand this morning when it comes to the FX space, we've seen a little bit of dollar weakness continuously throughout the night. It's a comeback though. The dollar to some extent with the Bloomberg dollar spot index now little changed. We're still seeing gains for the Japanese yen vis-a-vis the greenback higher by about a quarter of a percentage point the euro trades at one spot fifteen fifty one also Martin Lee higher after the euro, trading or cleared that one fifteen line in yesterday's session. The yousef. Yeah. Let's get these top stories and a bit more detail President Trump than solving onto the White House meeting with congressional leaders yesterday shutdown talks collapsed over his continued insistence on Boorda wa- funding. The US president tweeted that he asked Nancy Pelosi if she should approve funds for his border wall. If he reopened federal agencies for a month. She said, no. And so the president walked out democrat leaders. Insist government must restart before wall talks can begin. That's the shutdown situation. Meanwhile, the Federal Reserve has issued minutes of its December policy meeting as Bloomberg's Vinny Del dice explains. It's not without a surprise fed raised its benchmark interest rate another quarter point last month. And signal that could slow the pace of tightening the context revealing officials took a more cautious stance, and our post meeting statement indicated a few favorite no change saving swooning, financial markets and global growth officials also agreed fed policy isn't on a preset path then del Giudice, Bloomberg daybreak Europe. And turning now to the story out of China. If got more signs of a slowdown with consumer inflation and factory gate prices below estimates last month, but there's a price has slowed sharply up nine tenths of one percent from year earlier that compares with forecasts at one point six percent of arise and was slower than the two point seven percent gain. In November CPI climbed one point three percent. One point nine percents to be accurate against expectations of a two point one percent gate and turning to a matters closer to home from London perspective, Prime Minister, Theresa may has suffered her second defeat in two days in the house of Commons. She's lost control of the timetable for the next steps. If as expected parliament votes down her Brexit deal on the fifteenth of January boombox, Alex Morales reports with fewer than one thousand nine hundred until Britain's departure date from the European Union lawmakers opposed to a new Brexit trying to prevent the premier from kicking the can further down the road. Risking Britain crushing onto the block without an agreement in the aftermath of Wednesday's defeat. Mazo is publicly discussed for the first time what she would do if she loses that critically important vote saying the premier would respond quickly and provide certainty on the way forward inland and Alex Morales. Bloomberg daybreak Europe. Now, let's get the latest in global news with Bloomberg's.

Bloomberg Europe president Nancy Pelosi Markus Karlsson Alex Morales Mazo China Britain Federal Reserve Treasuries White House Vinny Del dice Theresa Martin Lee US Australia
"alex morales" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

08:36 min | 3 years ago

"alex morales" Discussed on Bloomberg Radio New York

"Raise his voice sort of slammed the table and said we have nothing to discuss. I don't recall him ever raising his voice or slamming his hand leaving hanging. The question of whether the. The president is any closer to declaring a national emergency to seize the funds. He needs for his border wall will be kept make a deal with people that are unreasonable. Bob moon. Bloomberg daybreak Europe. Meanwhile, minutes of the Fed's December meeting reveal that policymakers took a more cautious approach to further rate increases than their statement. I indicated speaking to Bloomberg Boston fed president Eric Rosengren says that the economy is looking healthy. But he also says that he could be wrong and is listening to markets. My guesses that in two thousand nineteen the economy is going to be reasonably strong for the unemployment rate's gonna continue to drift down from the three point nine percent. It is right now, and that the financial markets will recover, but I also realized that my forecasts can be quite wrong. And that the financial markets have such a different view that's been quite negative and quite volatile. So I have to take those financial market considerations into account. Boston fed president Eric Rosengren speaking there exclusively to Bloomberg in connection to those minutes from. The Federal Reserve December meeting being released last night's. Let's cross over to Singapore to talk a little bit more about the fallout. Wes Goodman from the markets live team joins us now. West great to have you on his way. So we are actually seeing the Bloomberg dollar spot index softening further this morning falling to the lowest level since September overnight. What's behind that decline? Marcus morning everyone. We're writing, of course, if the fence going to be patient and in its rate hikes, and that that means a dollar bulls needs to be patient to the thing is the fattest signaling that it's going to delay its next hike for a couple of months, and if interest rates in the US aren't quite as high as people expected and that sort of curbs demand for investments in the nation. Now, there are a bunch of friends speakers coming up today, including the chairman and the vice chairman, so we can look for them to stick to the steam of patience, and you know, they're they're willing to delay. And that means the dollar probably has further to fall. All right. We'll keep an eye on that to China. Meanwhile, Wes said that it's trade talks with the United States this week have been broad deep and detailed the markets live blog questions today. What message those comments are sending to markets. What's your view? You know, I think that China stocks are signaling that that was a big disappointment the CSI three hundred index is only up about one point two percent. Now, China stocks have been struggling all day. You know, this is a vague statement. That was just one one little blurb that came out and after three days of high profile talks, you know, we really haven't seen any details. So I think you know, the thing is that China stocks have been rising on hopes of a trade deal. And this may be a warning that you know, it can give back those gains unless unless there actually is one. Yeah. Absolutely. Thanks so much Wes Goodman for bringing us three the markets. They're for real time market, commentary and analysis. Check out markets live. That's M L I V on your Bloomberg terminal. And if you want to join the debates don't forget that you can Email markets live as well. I'm talking about the debate regarding China, and what its statement on trade, and those trade talks actually signal now, let's move on to other matters staying with China, really data. This morning show. More signs of a slowdown there with consumer inflation in factory gate prices slowing last month, producer prices were up nine tenths of one percent from a year earlier missing forecasts and below that the two point seven percent gain that we saw in November. Formerly former Treasury Secretary Larry Summers says that the economic situation in China is the most challenging in decades. They may get it back up. But that stuff something of which we can be certain there may be consequences to the things they do try to get growth back up. I would be concerned looking at the Chinese economy was former US Treasury Secretary Larry Summers may well here Europe investors from the euro zone. We'll be watching today's ECB account the lost meeting. So the banks stop additional purchases under its two point six trillion euro acid purchases program. Bloomberg's ECB reporter Karen look says that the devil will be in the. Details. Investors will wanna get a feel for how much discussion there was policy going forward. The governing council has kept its language on interest rates unchanged. So far pledging to keep them at current levels through the summer, but any disagreements as to how the risks are aligned for the region's economy might offer. Traders clues as to how quickly normalization could proceed and Frankfurt. Caroline, look. Bloomberg daybreak Europe and turning to politics here in the UK Prime Minister Theresa may has suffered has second defeating two days in the house of Commons. She's lost control of the timetable for the next steps. If as expected parliament votes down her Brexit deal on January, the fifteenth Bloomberg's Alex Morales reports with fewer than one thousand nine days until Britain's departure date from the European Union lawmakers opposed to a no do Brexit trying to prevent the premier from kicking the can further down the road risking Britain crushing out to the block without an agreement in the aftermath of Wednesday's defeat. Mazel is publicly discussed for the first time what she would do if she lose. Is that critically important vote saying the premier would respond quickly and provide certainty on the way forward in London. Alex Morales Bloomberg daybreak Europe. Right. That's our top headlines. This morning. Let's get some more headlines. From around the world. Here is Bloomberg's Liuyang Garin. Sid morning, Markus. South Korean president moon. Jae-in says a meeting between US President Donald Trump and his North Korean counterpart, Kim, Jon on will happen soon from salt. Bloomberg's Peter pay reports sailing stall talks about this mailing North Korea's nuclear arsenal may be back on track. Lynch remarks during his annual press conference came hours after both Beijing and killing young said their leaders back the second Trump Kim summit in so Peter pay Bloomberg daybreak Europe, the world's leading producer of coltan new president the Democratic Republic of Congo says opposition leader Felix teasha, Katie won the election amid fears of protests over vote ringing, rigging he received more than seven million votes. Only twice as many as. The ruling party candidates and a million more than another opposition candidates. The constitutional court hands just fourteen days to validate the results. Japanese Prime minister Shinzo Ave arise in the UK today for extensive tools with Minister Theresa May. Bloomberg's Isabel Reynolds says Brexit is likely to be high on the agenda is likely to support most Brexit plan, according to a foreign ministry official given that a no deal exit from the EU could be extremely damaging for the one thousand Japanese companies in the UK in a tiny gesture of support for the UK Japan announced this week it would lift its twenty three year old ban on British beef imports in Tokyo Isabel Reynolds, Bloomberg daybreak Europe. And Sweden's two main prime minister candidates will report to the speaker of parliament today about the latest attempts to form governments this following September's inconclusive election result. Bloomberg's nNcholas Magnusson reports the stakes are high if social Democrats leaders, Steph LeVine and motorists leader of. Mr. Shawn failed to create cabinets and failed to win sufficient backing for them in votes to be held in parliament this month. An extra election must be held later this year in Stockholm Niklas modernism, Bloomberg daybreak your cable news twenty four hours a day on Aaron at tick tock on Twitter, powered by more than twenty seven hundred journalists and analysts symbol than one hundred twenty countries. I'm guarantee this is Bloomberg Marcus. Thank you very much. Indeed Leon now, here's a look at some of the things that you should be watching out for today. An advisor to the European Union's. Top court is going to give a non binding opinion on the so-called right to be forgotten. An interesting story that one then at twelve thirty pm UK time the be than publishing the account of its December meeting when it halted its two point six trillion euro bond buying program. Then later watch out for fed chairman jerem Powell's speech to the economic club of Washington DC will he continue? What's arguably been more dovish message from the? Federal Reserve since the December meeting we'll keep an eye on that to keeping an eye on Brexit as well this morning. That's.

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Brazil court deciding on fate of da Silva's presidential bid

Bloomberg Daybreak: Europe

00:25 sec | 4 years ago

Brazil court deciding on fate of da Silva's presidential bid

"Will come to the fore. Once more in Nairobi Alex Morales Bloomberg daybreak Europe Theresa May said twenty British companies will make new investments in Kenya according to a statement emailed by the. Kenyan presidency US President Donald Trump says attorney general Jeff Sessions job is safe at least until the November midterm elections Trump has blasted sessions for failing. To, rein in what he calls an, illegal

Donald Trump President Lula Da Silva United States Pete Fox Jeff Sessions Bloomberg Brazil Andrew Mccutchen Giants Celtic Nairobi Yankees UK Costa Coffee Kenya Brexit Twitter Alex Morales Red Sox
SoftBank profit swells 49 percent as it monetizes investments

09:15 min | 4 years ago

SoftBank profit swells 49 percent as it monetizes investments

"Com. And by the Bloomberg business. Good morning from London I'm Markus. Karlsson and I'm used to Dean from defy we have of course the Saudis reasserting themselves underscoring that they have this appetite for a. Much, more. Aggressive foreign policy, taking on a g ten country yeah. Absolutely taking, on Canada we'll talk more about those trade tensions of course you also have the. Tensions, between the United States and China in the trade space no letting up all of. Those tensions either during the weekend with Donald Trump talking tough we've got to Chinese authorities sort of signaling through state media this morning that. They are willing to, wait it out in this trait, standoff. So as I say no sign of any easing tension. Sir, let me talk. You. Through the. Markets here at seven oh two in London eight oh two if. You're listening in Frankfurt. Or Paris European shares rising on Friday A weekly loss judging by the futures this morning we're going to see. Gains at the, open euro stocks fifty futures higher by zero point one, four percent we're seeing footsie futures rising by, two tenths. Of one percent and get count futures. By a, quarter of, a percentage point looking at the handover from Asia the indices there are makes the Chinese and Japanese Hsieh's down while the Hang. Seng, has. Been gaining run, about six tenths of one percent we've. Been watching, HSBC shares offers second quarter earnings those shares still in positive territory but I've actually. Pad, back some of their previous advances on the back of the second quarter earnings looking. At FX the off show you on had been building on gain sir from Friday overnight but we're now seeing it weaken somewhat by about. A tenth of one, percent against the greenback surpassed still, some. Nervousness there despite this actions these measures that we saw. From, the Chinese on. Friday. Stepping into. Sort of make it more expensive too short the Chinese Yuan will Talk more about that. In just. A moment the AUSSIE dollar the biggest lager in the space against the. US greenback looking at prices they had been rising overnight. And WTI is still on the, front, foot higher. By about a quarter of a percentage points at sixty eight dollars and sixty six cents a not a lot of movement. When it comes to Brent crude. At seventy three dollars and twenty seven cents we are seeing metals coming under pressure on the off by two point two percent when I. Look at zinc prices this morning on the enemy. Copper prices off by nine tenths, of one percent use yeah we have some earnings out from one of the heavyweight lender SoftBank coming in with first quarter operating profit of seven hundred and fifteen billion a year in they're saying, that the first quarter was boosted by two hundred and forty four point nine billion in vision fund valuation gay I think. There's going to, be considerable focus on any news around on a succession, plan positive could grab the attention of investors, of course. They're all society here First quarter derivative loss of fifty, four. Point -o eight billion year these are the lines that are coming through as we speak. And we keep a close eye on. The story. As in developed markets Yeah absolutely let's dig. Into our top stories in the meantime and as I say trade very much front and center. President, Donald Trump has defended his. Use of tariffs that have inflamed tensions with China as well as Europe he told an audience of diehard supporters on. Saturday that playing hardball on trade is, my thing Bloomberg's Tom MacKenzie has the details his comments came after Beijing announced plans to impose retaliatory duties on an additional sixty billion dollars worth of US goods if Washington continues. To ramp up tariffs China's list covers more, than five thousand. US products ranging from meat to. Ellen g if an acted they'd cover around seventy percent of, all US goods shipped to China in Shanghai Tom MacKenzie Bloomberg daybreak Europe Yeah Yeah so I just want to jump in here Marcus because we had some numbers. Here German manufacturing orders just run, run run through this down four percent month on. Month the estimate was for down half of one. Percents this is a sizable contraction on those journ determined June manufacturing orders something to bear in mind as we get into the conversation with Mark Cranfield from the markets live team and I wanna stay sick, back perhaps stay with the macro view on China initiated curbs on FX. Derivatives how is that playing out in the? Markets at the? Moment We'll probably not quite as well as China was hoping the currency the stomach. To gain a bit first thing, this morning but it reversed some of that as. The equity market sorry to weaken a bit and. They degree emphasize these restrictions are not just on the Ford foreign exchange server also another derivatives including swap transactions and option transactions but all in all the currencies only very mildly stronger than it was on, Friday and it hasn't really I did much to the gains that we're. Seeing in the first few minutes after the announcement on Friday I suppose the question. That follows then Mark is what needs to change to make these. Measures perhaps more effective in. Order to strengthen the the the you on in a more meaningful way it seems that Jerry does really. Want to see some stability in, the equity market so one of the things they were. Looking at today was that as soon as the equity market started to to go softer than the assumption. Is that the Chinese authorities would increase the stimulus or they're not, around the reserve requirement cuts to. Make interest rates lower, in China surf they're doing that then there's nothing in. The Ford market to support. The stronger currency so this currency can weaken it's almost becoming a catch twenty two. Situation for the, Chinese authorities until they can stabilize. The equity market the other things were not kicking so they really need to get. To grips with that. And then traders will be more confident that they really serious about trying to stabilize the currency as well All right we'll leave it there Mark Cranfield thank you very much for your time that quick reminder for real time, market commentary and analysis. Check out the markets lifelock that's m. l. i. v. on your. Bloomberg terminal now another story. Developing this morning earnings out of HSBC the banks second quarter profit came in ahead of estimates but the. CEO John Flint's push for growth, in Asia has yet to translate into significant revenue growth. That seems earlier we spoke to the finance director Ian MCI and asked him about the health of HSBC In good shape this morning The numbers Second quarter very much, in line With our our expectations So that, was the finance director Ian MCI? Speaking, earlier to Bloomberg yeah that's such an earlier Saudi Arabia. Has frozen trade investment diplomatic ties with Canada in the latest escalation of their dispute over the kingdom's arrest of a women's rights activists that we have come recalled its ambassador to Ottawa at order the Canadian envoy to leave. Within twenty, four hours last week Canada criticized Saudi, Arabia's arrest of activists including Canadian citizen Savar Dowie bear in mind that we did see dollar CAD move by about three, tenths of one percent but that spirit gains since the Bank of Canada on track to raise rates that's giving. A bit. Of support all right, sticking to the region Iran is racing to complete a string of deals before. The US imposes tough new sanctions Iran at the national flag-carrier has taken delivery of five new passenger planes this after. Washington gave its approval public resentment has been building as tensions with the US post the real to historic lows Close in the unregulated market the. Government says that it will act a later today to try to halt the currency's decline Yeah and then Brexit news you've got. The UK trade sector Liam Fox saying that negotiations are more likely to. The, failure and success, speaking to the Sunday Times he said there is a sixty percent chance of a not allowed come Bloomberg's, Alex Morales says he is, warning or, other rewarded comes as the government ratchet ratchets up rhetoric seeking EU compromise foreign secretary Jeremy hunt said last week Britain. Risks tumbling out to the block, without a. Deal by accident to government plans to publish some seventy technical papers this month next outlining contingency plans for renewed you Brexit it's not a prospect that business relishes. Bombarded warning the Press Association on Monday then a no do Brexit could encumber, it with thirty million pounds. Of. Added costs if it's forced to stop parts to allay disruption, to supply chain in London Alex Morales Bloomberg daybreak Europe okay that's the latest on Brexit when it comes to this morning. A forty two billion dollar merger to create what would become the world's largest industrial gas producer Is facing an unexpected hurdle from the US antitrust regulator that could derail the deal the Federal Trade Commission indicated it wants Germany's Linda and practice of the. United States to sell more assets before it approves their deal lindane noted a, quote higher likelihood that the. Requirements. May push total asset disposals to beyond the acceptable threshold outlined, in the merger deal all.

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EU rejects UK’s post-Brexit customs fixes for Northern Ireland

Bloomberg Daybreak: Europe

01:30 min | 4 years ago

EU rejects UK’s post-Brexit customs fixes for Northern Ireland

"European commission will this morning beginning work on a blocking statute to shield its companies from doing who are doing business with iran foam us sanctions meeting bulgari area the blockers spoke of what it called the capricious assertiveness of the trump administration but the french president emmanuel macron says the they still do want the us to participate in a new deal we're not going to launch a trade and strategic war against american companies based on what's happening in iran that would not make sense because the goal is to get this broad agreement including with the signature of the united states so that was fun says president michael speaking via translator meanwhile the european union has reportedly rejected britain's plans for a customs arrangements that would prevent a hard border on the island of ireland this after theresa may pitch the idea to eu leaders meeting in bulgaria bloomberg's alex morales has the latest an official told bloomberg she didn't get the guarantees she wanted with eu president donald tusk telling her that it was too early to give any insurances because of the disorientating messages the eu getting from london may spokeswoman in london told reporters that the uk would surely put forward its own backstop proposal in relation to customs after rejecting the eu's backstop essentially an insurance close in the brexit agreement to make sure that no border emerges on the island of ireland in london alex morales is bloomberg daybreak europe meanwhile the bank of japan's key inflation gauge showed the price gains slowed for a second month in a row in april cool consumer prices which.

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Elon Musk, Jeffries and Ceo discussed on

02:17 min | 4 years ago

Elon Musk, Jeffries and Ceo discussed on

"Say let's start again let's bring back in the us global news twenty four hours a day powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries i'm nancy lyons thanks dancing now with our other job stories i'm michael barr as we've been talking about all this morning british prime minister theresa may's cabinet held a two hour meeting about the uk's next move in dealing with syria and a suspected chemical weapons attack bloomberg's alex morales has more from london came ministers agreed on the need to respond to the alleged chemical weapons attack in syria over the weekend suggesting britain may participate in international military action against the regime of bashar al assad prime minister theresa may's cabinet agreed it was vital that the attack did not go unchallenged well not explicitly endorsing military action maze ministers agreed she should continue to work with the us and france to coordinate an international response they also agreed on the need to take action to create humanitarian distress and deter the use of chemical weapons by the syrian regime inland alex morales bloombergradio if you're a night owl you're not going to like this study researchers from england's university of surrey and northwestern university in chicago found that people who stay late are more likely to suffer from breathing and neurological disorders and diabetes the study's lead author kristen knutson is an associate professor of neurology at north western's feinberg school of medicine when important message from this is that night owls need to be aware that being a night owl could have health consequences so unfortunately you guys need to be a lot more vigilant about maintaining a healthy lifestyle researchers found that night owls at a ten percent increased risk of death during the six and a half years of the study the value of elon musk space x keep soaring according to pitchbook data the rocket maker is authorized a five hundred seven million dollar fundraising round at evaluation of about twenty five billion dollars that would make space x the third most valuable venture backed startup in the us after uber and airbnb tesla's ceo elon musk says the electric carmaker will be profitable and cash flow positive in the second half of the year must made his remarks on twitter early economists had tweeted jeffries estimates that tesla would need.

Elon Musk Jeffries CEO Airbnb Feinberg School Of Medicine Associate Professor Of Neurolo England's University Of Surrey Bashar Al Assad London Theresa Prime Minister Twitter United States Tesla Kristen Knutson Chicago France Britain Alex Morales