21 Burst results for "Bloomberg European"

"bloomberg european" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:47 min | 8 hrs ago

"bloomberg european" Discussed on Bloomberg Radio New York

"From Bloomberg's European headquarters in the City of London and Laura Wright with this Bloomberg radio business flash the RB NZ hiked by 50 basis points that marks two consecutive half a percent hikes taking the official cash rate to 2% New Zealand Central Bank raised their peak cash rate forecast to 3.95% from 3.35% previously The kiwi rallying half a percent against the greenback and a spot 6 5 position and in the Bond space New Zealand two year bond up 12 basis points yielding three 23 yields shifting higher across the curve Sales of new U.S. homes yesterday plummeted for the April reading the most in nearly 9 years That's due to higher prices the steep climb in mortgage rates U.S. benchmark ten year treasuries up one and a half meters points yielding two 76 Yesterday two year yields rallied over in the United States by around 14 basis points looking ahead to futures price action eminence NASDAQ 100 futures tilting high the debate about the bottom and risk assets will begin in earnest considering the Federal Reserve against quantitative tightening the beginning of March Here are some 50 futures up around 1% Big picture in the Asian session the Nikki two two 5 marginally lower but actually we are seeing a rather risk on picture elsewhere with the hang saying up half a percent the CSI 300 mainland Chinese shares up some four tenths of a percent Australia's ASX 200 up 7 tenths of a percent and the cost up 9 tenths of a percent The Bloomberg dollar spot index fractionally higher Bitcoin bang on $30,000 up 2.2% in commodities Brent crude priced at $114 a barrel up 1.2% oil climbing.

Laura Wright Bloomberg New Zealand Central Bank United States London New Zealand Federal Reserve Australia
Fresh update on "bloomberg european" discussed on Bloomberg Daybreak Europe

Bloomberg Daybreak Europe

00:31 sec | 8 hrs ago

Fresh update on "bloomberg european" discussed on Bloomberg Daybreak Europe

"On Bluebird daybreak Europe we're going to be discussing the inflation outlook and more with Michael Metcalfe global head of macro strategy at state street global advisers and investors that's next This is Bloomberg Markets headlines and breaking news 24 hours a day The Bloomberg business and Bloomberg quick take This is a Bloomberg business flash From Bloomberg's European headquarters in the City of London and Laura Wright with this Bloomberg radio business flash the hiked by 50 basis points that makes two consecutive half point height taking the official rate to 2% New Zealand Central Bank raised their peak cash rate forecast.

Michael Metcalfe Bloomberg Bloomberg Markets Laura Wright Europe London New Zealand Central Bank
"bloomberg european" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:52 min | 1 d ago

"bloomberg european" Discussed on Bloomberg Radio New York

"The at the office both of these businesses emphasizing the benefits that you get from being in the office but also talking about the flexibility that they're having to offer at this point to try to retain talent So we've had a number of really interesting news lines coming through from our interviews on that subject also around the European economy And I was also before we should mention then Stephen the European data that we've had just in the last few minutes or so Europe's biggest economy is keeping growing amid pandemic reopening and this is really pointing towards the French and the German services data that we've had the PMIs coming through showing some resilience and this actually taps into the lines we heard from Christine Lagarde earlier who was saying that the strength of services is something that's going to counter all of the other headwinds that the Eurozone economy faces at this point Yeah we're also getting another red headline on the terminal as well as the Chinese Central Bank and bank regulators asking banks to boost lending Of course this after we've had the Chinese authorities announced their 33 point package to stimulate the Chinese economy as it sees the effects of those COVID lockdowns weigh on the world's second largest economy Yes and on that subject of COVID lockdowns no change to hotel quarantine this side of the summer it seems in China and JPMorgan and UBS taking the opportunity to downgrade Chinese growth So even though we saw those stimulus if activities and here we get another red headline as you've just been through Steven on that front which is stimulating it's still playing against The COVID policies which are of course not stimulating the Chinese economy and weighing on it So that's something we keep an eye on From our Bloomberg European headquarters in London we need to get you a business flash as to what's going on on these European economies and markets sorry so the stock 600 down by 1.1% this hour the FTSE down 9 tenths of a percent the cacao is down by 1.4% So getting the worst of the losses really across European equity markets and in terms of the sectors that are under pressure we have all sectors in negative territory today utilities is really under pressure I've talked about the UK dimension there's some reports from the FT weighing on some names travel and leisure also are struggling sector today as is technology and we talked about the read across from snap into some of the technology names but also those in the appetizing space healthcare is one of the most resilient and that tells you a lot about what you need to know about the lack of risk appetite that we see for European stocks right now So coming out of a session in Asia that was negative we have a negative session here in Europe and we see U.S. futures pointing lower and increasingly so so E mini is down one and a half percent NASDAQ futures now down by two and a quarter percent partly to do with that sat snap news but other factors in the mix as well The oil prices down by a percent this morning we see the dollar is down by three tenths of 1% perhaps surprising It's not the haven eat once was that seems to be what we're taking away from the latest FX FX moves in markets and we do see money going into the yen though so that is up by four tenths of 1% the Euro turning tail on recent weakness one O 7 29 as Christie Lake told Bloomberg that a recession in Europe is not the base case So let's look at where we are on the markets Let's get to Leigh.

Chinese Central Bank COVID Christine Lagarde Bloomberg European headquarter Europe Stephen JPMorgan UBS Steven China London UK Asia U.S. Christie Lake
Fresh update on "bloomberg european" discussed on Bloomberg Daybreak Europe

Bloomberg Daybreak Europe

01:08 min | 8 hrs ago

Fresh update on "bloomberg european" discussed on Bloomberg Daybreak Europe

"From Bloomberg's European headquarters in the City of London and Laura Wright with this Bloomberg radio business flash the RB NZ hiked by 50 basis points that marks two consecutive half a percent hikes taking the official cash rate to 2% New Zealand Central Bank raised their peak cash rate forecast to 3.95% from 3.35% previously The kiwi rallying half a percent against the greenback and a spot 6 5 position and in the Bond space New Zealand two year bond up 12 basis points yielding three 23 yields shifting higher across the curve Sales of new U.S. homes yesterday plummeted for the April reading the most in nearly 9 years That's due to higher prices the steep climb in mortgage rates U.S. benchmark ten year treasuries up one and a half meters points yielding two 76 Yesterday two year yields rallied over in the United States by around 14 basis points looking ahead to futures price action eminence NASDAQ 100 futures tilting high the debate about the bottom and risk assets will begin in earnest considering the Federal Reserve against quantitative tightening the beginning of March Here are some 50 futures up around 1% Big picture in the Asian session the Nikki two two 5 marginally lower but actually we are seeing a rather risk on picture elsewhere with the hang saying up half a percent the CSI 300 mainland Chinese shares up some four tenths of a percent Australia's ASX 200 up 7 tenths of a percent and the cost up 9 tenths of a percent The Bloomberg dollar spot index fractionally higher Bitcoin bang on $30,000 up 2.2% in commodities Brent crude priced at $114 a barrel up 1.2% oil climbing.

Laura Wright Bloomberg New Zealand Central Bank United States London New Zealand Federal Reserve Australia
"bloomberg european" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:40 min | 2 weeks ago

"bloomberg european" Discussed on Bloomberg Radio New York

"Bloomberg business flash From Bloomberg's European headquarters here in London I'm Caroline Hepburn with this Bloomberg radio business flash right We're 13 minutes away from the European market open Let's look at the futures then So we're up by a tenth of 1% We had been lower for the U.S. stocks 50 futures but we tip into the green also for the NASDAQ and S&P 500 E mini futures but it has been a manic couple of days and we've been sort of trading up and down in terms of the futures this morning for the U.S. and Europe even though we've seen a big slump in the Asian session CSI 300 index dropping 2.4% this morning and the S&P 500 yesterday something 3.6% and also a massive sell off on the NASDAQ why is that well Stocks basically notched up a huge rally after the fed decision but on further reflection markets are now concerned about whether the fed can really keep control of inflation or not Looking at yields at the moment Germany is trading one spot zero 3% and are U.S. yields at 3.05 for the ten years up by a basis point there and you have seen yields blow out now between Italian BTPs and Germany yields on the ten year do more Machado basis points so that's the first time since May 2020 Again I'm concerned around inflation here in Europe and about whether a DCB is going to speed up its policy tightening measures or not We also get U.S. jobs average hourly wages likely to add to the inflationary pressures over in the U.S. Bloomberg dollar spot index is stronger at a quarter of 1% this morning Gold is down a tenth Bitcoin also trading at 36,433 and oil up 1% That.

Bloomberg Caroline Hepburn U.S. fed London Europe Germany S Machado
"bloomberg european" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:38 min | 2 weeks ago

"bloomberg european" Discussed on Bloomberg Radio New York

"From Bloomberg's European headquarters in the City of London I'm Laura Wright with this Bloomberg radio business flash The fed raised rates by 50 basis points as was priced in but Jerome Paul pushed back on a 75 supercharged basis point increase the more damaged tone sent stocks on Wall Street surging toward the close here in Europe equity markets are seeing a read across with most major benchmarks rallying more than a percent The Bank of England is expected to go ahead with a quarter of a percent hike today taking the benchmark rate to 1% however Sterling is down 8 tenths percent against the greenback with cable at a one spot two 5 position as markets interpret that the Bank of England will adopt a less hawkish stance in line with the fed U.S. benchmark ten year treasuries are yielding two 96 up three basis points UK ten year guilt meanwhile are slightly bid yielding one 95 Overall the stock 600 benchmark is up around one and a half percent all sectors in the green except for utilities and insurance the best performing sector is basic resources led higher by strong results at arsenal metal That said the steel maker revised downward its full year steel consumption outlook insurance is the sector laggard pulled lower by Swiss re which posted a first quarter loss due to Ukraine and market volatility another name in focus is shell the energy major up 3% after reporting the best quarterly earnings on record Bitcoin pairing earlier gains after staging its biggest rally in two months yesterday following the removal of a 75 basis point hike according to Jerome Powell for now and oil remains elevated at a three week high as we move into that OPEC plus meeting where they are expected.

Laura Wright Jerome Paul Bloomberg Bank of England fed arsenal metal That London Europe U.S. UK Ukraine Jerome Powell OPEC
"bloomberg european" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:55 min | 3 weeks ago

"bloomberg european" Discussed on Bloomberg Radio New York

"From Bloomberg's European headquarters in London I'm Anna Edwards with this Bloomberg business flash European equity market is rising this morning up by half a percent the FTSE 100 place catch up down actually by four tenths of 1% so the FTSE stands out as a loser today but that's because it's catching up with yesterday's losses on European equity markets The session in the U.S. yesterday looked more positive and so we see room for European stocks to rally today as I say the stock 600 up half a percent the cat camera on top 6 tenths the zetrox up half a percent the ibex and the FTSE we met both up by around 7 tenths of 1% U.S. futures a really fluctuating around the flat line at this point we have seen them in more positive territory earlier on but now E minis are tenth of a percent Dow and NASDAQ futures flat to positive in big action though taking place in bond markets right now and the continued focus on sovereign debt yields and in terms of nominal yields we've seen the U.S. ten year yield go through 3% it happened last night late last night for the first time in a few years and it hadn't once again this morning now at 2.99% we keep testing that 3% level sticking with that theme of nominal sovereign debt yields the German benchmark ten year yield hit 1% just in the last few moments that's the first time since 2015 that we've seen a 1% yield on the German benchmark at ten year remember some of these some of these more near term yields were a negative territory until quite recently so that certainly a lot to think about when it comes to just how quickly we are adjusting pricing on the nominal yields market In terms of the dollar the dollar down by an 8th of a percent right now on the dollar index the Euro Ashley fairly flat rediscovery is one O 5 handle this morning from one O 5 one O four earlier One 25 is the handle on the pound that's cable one 25 26 as we head towards the Bank of England meeting this week as well That is the Bloomberg business slash Now here's Liang garands with more on what's going on around the world The U.S. the Supreme Court is reported to be poised to strike down the landmark roe versus wade decision which protects women's rights to abortion Police says it has seen.

Anna Edwards Bloomberg U.S. London Liang garands Bank of England Supreme Court wade
"bloomberg european" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:46 min | Last month

"bloomberg european" Discussed on Bloomberg Radio New York

"From Bloomberg's European headquarters in the City of London of Laura Wright with this Bloomberg radio business flash market reacting to that 8 and a half percent U.S. CPI number year over year for the month of March the Bloomberg dollar spot index fractionally higher in the bond space U.S. benchmark ten year treasuries selling off up three basis points yielding two 75 European yields shift higher UK ten year guilt yielding one 86 up 6 basis points The RB NZ raised their benchmark interest rate by 50 basis points earlier in the Asian session the highest single hike in 22 years The kiwi pairing earlier gains now down around 1% against the greenback and a spot 6 7 level Cable stands at one 30 The pound up ten a tenth of a percent against the dollar right now UK CPI for the month of March landing at 7% year over year Overall the stock 600 benchmark fractionally lower primarily a risk off sentiment energy the best performing sector rallying 1.1% personal care drugs and grocery stores the laggard selling off one and a half percent In the luxury space LVMH the world's largest luxury company reported earnings after the bell on Tuesday ahead of expectations organic revenue growth of 23% compared to the same period a year ago Up 1.2% and we are seeing a read across in other European luxury names looking ahead to futures price action E minis up half a percent and I was like 100 futures up 7 tenths of a percent Finally in commodities Brent crude priced at $104 a barrel up three tenths of a percent that's the Bloomberg radio business slash his Samuel Etienne with the top news morning Samuel Good morning Laura President Vladimir Putin says peace talks with Ukraine at a dead end and vowed to continue Russia's invasion There's been no word of progress for days in videolink peace talks after Ukraine accused Moscow of carrying out war crimes including killing unarmed civilians Putin called the claims fake and said the war in Ukraine is going according to plan Meanwhile Shanghai has posted a new daily record for COVID cases Chinese TV said the city saw 26,330 new infections on Tuesday Up from about 23,000 the day before while curbs may have been eased in some areas the majority of the city remains under tight lockdown That bars even outside exercise are shopping for essential items And just one or two days in the office is the sweet spot for hybrid work according to a Harvard study The paper showed that output and creativity thrived in that split work arrangement as it gives the workers both flexibility and social interaction But there's a disconnect between employers and their employees of the.

Laura Wright Bloomberg U.S. UK Samuel Etienne Samuel Good Ukraine Laura President Vladimir Putin LVMH London Putin Moscow Russia
"bloomberg european" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:30 min | Last month

"bloomberg european" Discussed on Bloomberg Radio New York

"From Bloomberg's European headquarters in the City of London and Laura Wright with this Bloomberg radio business flash yields rise U.S. benchmark ten year treasuries up four basis points yielding two 81 inflation from the United States out later the forecast is for 8.4% European bond yields shift higher as well The Bloomberg dollar spot index is bid up around a tenth of a percent as the dollar has gained for the past 9 Sessions As a result the Euro is weaker down three tenths of a percent against the greenback at a one O 8 level The stock 600 every sector selling off except for energy now up two tenths of a percent overall the benchmark down 1% along with most key European equity indices Now one stock in focus is deliveroo the online food delivery company is selling off almost 3% they reported an order growth that was slower than expected Asos the low cost online only retailer rebounding from a strong losses earlier the retailers saw a first half revenue below expectations in the second half is clouded due to inflation which made damp and discretionary spending of its customers Finally in commodities Brent crude priced at $100 a barrel bang on the money up 2.4% rising from news that lockdowns in China may be easing specifically in Shanghai that's the Bloomberg radio business flash hit is leann.

Laura Wright Bloomberg United States London Asos China Shanghai
"bloomberg european" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:41 min | Last month

"bloomberg european" Discussed on Bloomberg Radio New York

"Markets headlines and breaking news 24 hours a day The Bloomberg business and hopefully both quick take This is a Bloomberg business flash From Bloomberg's European headquarters in the City of London and Laura Wright with this Bloomberg radio business flash bond selling off yields higher ahead of U.S. inflation data out today forecast is for year on year CPI for the month of March to rise 8.4% Bloomberg economics forecast this will be a peak U.S. venture right ten year treasuries up four basis points yielding two 82 a read across in Australian yields the Aussie ten year up 8 basis points yielding above 3% Looking ahead to futures price action E minis and NASDAQ 100 futures falling four tenths of a percent over the past 5 sessions the NASDAQ has lost over $1 trillion of market cap Euro stocks 50 futures experiencing steep losses down 1% The Bloomberg dollar spot index is flat the dollar gaining for the last 9 Sessions The Japanese yen fractionally higher standing at a one two 5 level after the finance minister Suzuki said he is watching the depreciation of the yen with a sense of vigilance sticking with Tokyo PPI landed above expectations at 9 and a half percent revealing that cost pressures for firms are much steeper than consumers will Japanese firms pass on higher prices to their customers in the Asian session firmly risk off the nikkei two two 5 down 1.7%.

Bloomberg Laura Wright U.S. minister Suzuki London Tokyo
"bloomberg european" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:43 min | Last month

"bloomberg european" Discussed on Bloomberg Radio New York

"From Bloomberg's European headquarters in the City of London and Laura Wright with this Bloomberg radio business flash risk on in the Asian session the Nikita two 5 up a tenth of a percent the Cosby up 6 tenths of a percent Taiwan and mainland Chinese markets closed for a holiday the hang seng up 1.7% the Hangzhou tech index rallying almost four and a half percent news that Chinese regulators will remove a key hurdle to allow the U.S. access to audits therefore mitigating the risk that Chinese ADRs will be delisted The Australia's ASX 200 up four tenths of a percent Looking ahead to futures price action Euro stocks 50 futures fractionally higher data that in March the largest European stock ETF Vanguard FTSE Europe saw the most monthly outflows since March of 2020 that said European stocks remain at a 35% discount to their U.S. peers In the bond space U.S. benchmark ten year treasury yielding two 41 up three basis points the Bloomberg dollar spot index unchanged The Aussie up two tenths of a percent against the greenback at a spot 7 5 position was inflation data out of Canberra rose 4% from a year ago the highest reading since 2008 the Hungarian foreign down a tenth of a percent against the U.S. dollar at a 332 position Hungary's prime minister Victor Orban securing a fourth consecutive term but Hungary still at risk of losing billions of Euros in EU funding based on adherence to rule of law Brent crude price $104 a barrel up half a percent showing some strength against a backdrop of bearish drivers As the Bloomberg radio business flashes Hannah George with the top.

Laura Wright Bloomberg Chinese ADRs U.S. Taiwan London Victor Orban Australia Hungary Europe Canberra EU Hannah George
"bloomberg european" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:39 min | 2 months ago

"bloomberg european" Discussed on Bloomberg Radio New York

"From Bloomberg European headquarters here in London I'm Caroline Hepburn with this Bloomberg regia business flash so a couple of breaking news lines on the Bluebird terminal this morning from the UAE oil minister saying that the U.S. doesn't need to tell us what to do on energy excluding Russia from OPEC plus could lead to higher prices he says OPEC's aim is to calm the oil market and the United States must trust that the UAE knows what we're doing on oil so that breaking on the Bloomberg terminal this morning along with the French march consumer confidence numbers that pull back they fall to 91 the estimate have been to for 94 in terms of consumer confidence in France of course only a couple of weeks ahead of the first round of presidential elections In terms of the rest of the markets then speaking of oil then we are actually down 6 tenths of 1% for Brent and WTI crude futures Brent had a 111 at WTI at a 105 We have the ongoing negotiations slash peace talks over Ukraine also the BOJ intervention sticking to the policy of yield curve control does seem to be having some impact this morning Japanese yields on the ten year stick exactly spot on 25 basis points so that is where the bank of Japan has spent children ¥86 billion to keep it As for U.S. benchmark yields two 46 are just below 2.5% futures also are now quite positive for the U.S. stocks 50 futures up 8 tenths of 1% we also see gains for the topics and the nikkei two two 5 this morning That is definitely a big radio business flash Now here's Leigh Anne guerin's with the rest of today's top stories good morning Caroline good morning and thank.

Bloomberg European headquarter Caroline Hepburn OPEC UAE U.S. BOJ Russia London Brent France Ukraine Leigh Anne guerin Caroline
"bloomberg european" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:41 min | 2 months ago

"bloomberg european" Discussed on Bloomberg Radio New York

"From Bloomberg's European headquarters in the City of London I'm Laura Wright with this Bloomberg radio business flash the bank of Japan left interest rates and asset purchases unchanged conveying a dovish stance contrasting with fed and Bank of England hikes this week The yen down two tenths of a percent against the greenback at a 118 handle U.S. benchmark ten year treasuries yielding two 17 basically flat two and 5 year break evens closed at a record notwithstanding aggressive action from the fed outlined by Jerome Powell this week The Bloomberg daughter spot index selling off slightly at an 1192 position looking ahead to futures E minis and that's like 100 futures dipping into the red following the S&P 500 clocking its best three day rally since November of 2020 Right now in the Asian session broadly risk on the Nikki two two 5 up 7 tenths of a percent The hang seng pairing earlier losses up two tenths of a percent The CSI 300 up 9 tenths of a percent though overnight we did see a sell off from Chinese listed ADRs in the United States the hang saying tech index still down one and a half percent as investors search for more clarity surrounding the end of that tech crackdown The Cosby up half a percent In commodities Brent crude up two and a half percent priced at $109 a barrel oil getting a lift following doubt surrounding peace talks between the Kremlin and Ukraine In fact this week Brent has swung more than $5 a barrel for the last 16 sessions a record for volatility on that front That's the Bloomberg radio business flash Here's the anger and with the top needs more than we are Laura.

Laura Wright Bloomberg Jerome Powell The Bloomberg fed bank of Japan Bank of England U.S. London S Kremlin Ukraine Brent Laura
"bloomberg european" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:42 min | 3 months ago

"bloomberg european" Discussed on Bloomberg Radio New York

"From Bloomberg European headquarters in London I'm Anna Edwards with this Bloomberg business flash So European equity markets just a 7 minutes into their trading day and sort of stalled fairly flat this morning so we're flat on the stock 600 but we do have the major markets pulling slightly in two different directions but not to overstate the contrast there The FTSE 100 up by a quarter of 1% the cacao on down by four tenths of 1% the Dax down by half a percent the ibex and the FTSE mib though both up by around two or three tenths of a percent so there does seem to be divergence in performance around the flat line though for European equity markets U.S. futures point a little more consistently higher but not by much E mini's up four tenths of a percent down futures up four tenths NASDAQ futures up a quarter of 1% in U.S. futures closed in slightly more positive mood yesterday NASDAQ The NASDAQ in particular closing to the upside Now oil prices continue to move higher but this after a big fall yesterday so we're still around the $100 Mark 100 spot two 9 is the Brent price but that is up by 2.4% versus yesterday because we saw a fall in the oil price towards the end of the trading day yesterday Bond market is also reflecting the slightly more risk on sentiment we have coming through from the Asia session so we've seen selling of bonds yields going higher at the FX markets were until recently also reflecting that risk on picture through Asia but now reflecting the sort of stasis that we see in European stocks so the dollar is barely flat this morning The Dolly yen is fairly flat the Euro flat at one 12 the pound also flat a one 34 20 so not seeing a great deal of movement there a bit more movement in the ruble of course but that was a story Very much of yesterday big collapse in the Russian currency in yesterday's session of course That is a Bloomberg business flash Now here's Leigh Anne garren with more on what's going on around the world Anna.

Bloomberg European headquarter Anna Edwards Bloomberg U.S. London Asia Leigh Anne garren
"bloomberg european" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:46 min | 5 months ago

"bloomberg european" Discussed on Bloomberg Radio New York

"From Bloomberg's European headquarters in the City of London and lower right with the spleen bag radio business flash rest on the Asian session the Nicki two two 5 up 9 tenths of a percent the hang seng up four tenths of 8% The CSI 300 up 7 tenths of a percent the ASX 200 up four tenths of a percent looking ahead to futures erisa 50 futures also north of the green up four tenths of a percent E minis up two tenths of a percent Now it's like 100 futures up the same level in the bond space United States ten year paper yielding 1.487% The Bloomberg dollar spot index at an 1181 handle in positive territory That's leading to some weakness for the pound cable down two tenths of a percent against the dollar at a one spot three two four 7 handle Also some repricing of Bank of England rate type expectations this week following Boris Johnson's announcement yesterday in commodities Brent crude up 1.3% priced at $76 a barrel oil is extending gains more signs than won't be as bad as initially feared also predictions in the market that China will start adding fiscal stimulus early next year That's given iron ore left Singapore iron ore futures up 7% price at $115 a ton That's the feedback radio business flash Here's January with the world news morning Laura good morning and thank you Let's start with the latest coronavirus measures passports in Northern Ireland are being forced from today People will have to provide proof of a negative COVID test or show they have been vaccinated in order to get into nightclubs pubs or restaurants They'll also need the certification if they're going to an indoor event with more than 500.

Bloomberg Boris Johnson London Bank of England United States Singapore China Laura Northern Ireland
"bloomberg european" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:59 min | 6 months ago

"bloomberg european" Discussed on Bloomberg Radio New York

"From Bloomberg's European headquarters in the City of London and lower right with this Bloomberg radio business flash risk off in the Asian session Japan Japanese markets are closed twofold story of regulation in China on the one hand optimism about reducing carbs of the property sector but on the other hand the people's daily discussing heightened regulation or the need for it with online platforms or taxation purposes to hang saying down over 8% tech index down 1.4% The tunics index down three tenths of apes at the Cosby down half 8% The regional outperformer Australia's air 6 200 up 8 tenths of a percent looking ahead to futures Euros top 50 futures down 6 tenths of a percent this morning PMI slew of PMI data from the Eurozone Germany France and the UK emines in the red down a tenth of 8% and that's like 100 futures down three tenths of 8% Yesterday the NASDAQ closing down 1% rising bond yield leading to highly value tech stocks selling off cash treasuries are closed because of that Japanese holiday Australian tenure up 8 basis points building 1.860% news that the RBA will look closely at risk premiums in order to detect asset bubbles The blue McDonnell spot index at an 1185 handle strength coming through from the dollar following confirmation that Powell will be the next fed chair Dolly an at one 15 level of the back of that dollar straight the Swiss franc the best performing G ten currency iron ore rebounding Now back above $100 a ton of Singapore iron or futures 6% right now in market We learned that the largest producers Brazil and Australia have been reducing their supply and also the removal of potential property curves in China That's the Bloomberg radio business flashes Leanne guerins with the world need this morning Leon Laura good morning and thank you let's start with the latest news from Germany.

Bloomberg Japan China London Australia RBA Germany France McDonnell UK Dolly Powell Singapore
"bloomberg european" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:35 min | 6 months ago

"bloomberg european" Discussed on Bloomberg Radio New York

"From Bloomberg's European headquarters in the City of London and lower right with this Bloomberg radio business flash that virtual three hour summit between president Xi Jinping and Biden saw calls for more cooperation positive body language The hanging tech index rallying in the Asian session Beijing signaling they will restart applications for gaming that offered Tencent about the RBA minutes were dovish but governor Lowe's speech was seen as less dovish Right now in Europe they put the 100 is in the red struggling for direction on the continent the Dax up a tenth of a percent the cat 40 up the same level Spain's ibex down two tenths of 8% and Italy's putty mid is flat the biggest gaining sector el telecoms the biggest Lagarde are personal drug and grocery stores one stock in focus is land security up 2.6% the commercial real estate owner has been able to raise property values for the first time since 2016 E minis down a tenth of a percent and I was like 100 futures flat to the downside focus on retail sales in the United States later earnings from Home Depot and Walmart cable and one spot 34 handle up three tenths of 8% broad based decline in cryptocurrencies Bitcoin down 5% price at $60,000 and in commodities Brent crude price at $82 a barrel up 6 tenths of a percent the IEA see the end of that oil price rally due to increasing output by 1.5 million barrels a day That's the Bloomberg radio business flash here is Tom McKenzie Okay Laura.

Bloomberg governor Lowe Xi Jinping Tencent RBA Biden Beijing Lagarde London Walmart cable Spain Europe Italy Home Depot United States
"bloomberg european" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:56 min | 8 months ago

"bloomberg european" Discussed on Bloomberg Radio New York

"From Bloomberg's European headquarters in the City of London on lower right with this Bloomberg radio business flash the markets are waiting for U.S. CPI data if it comes in above expectations that will give a boost to the dollar and also rates Right now the Bloomberg dollar spot index down two tenths of a percent U.S. ten year treasury yielding 1.563% E minis up two tenths of a percent Yesterday Bloomberg breaking news that Apple may struggle to meet their iPhone 13 production targets in the pre market Apple down 6 tenths of 8% also JPMorgan kicking off the Wall Street Titan earnings in the Asian session the CSI 300 was the outperformer record export data coming out of China right now in Europe the stock 600 It's a mixed picture Overall up three tenths of a percent technology is the biggest gainer insurance is the biggest lag out one stock in focus is a man group the UK hedge fund up over 7% news of inflows around $5.9 billion in the third quarter and in commodities Brent crude Right now we're treating a little down a half of a percent price at $83 a barrel that natural gas crunch continues to see the crude market tightening as we head into winter That's the Bloomberg radio business flash Anna Thanks very much for that Laura Now coming up next on colleagues in the U.S. are getting ready for Bloomberg daybreak Let's check in with Nathan Hager Good morning Nathan Conflation inflation inflation On this Wednesday isn't it You said it inflation and earnings colliding for investors just before we ring the opening bell I didn't Raphael bostic say that transitory in the context Yeah apparently I got to put up my own swear jar apparently If I decide to say it as well Sarah huan of standard chartered is with us ahead of the September CPI print along with Bloomberg's Michael McKee And we're going to get ready for the first of the big 6 Wall Street banks JPMorgan Chase open its books before the opening bell Bloomberg channel Ali bassick will preview those numbers for us And as they cross the terminal during the program we'll break down the results with Alison Williams of Bloomberg intelligence Plus a lot of the same old battles continue to be fought on Capitol Hill Debt crisis averted for now but now Democrats have to decide among themselves how much of President Biden's economic agenda they can actually agree on Emily Wilkins of Bloomberg government is going to be with us for the update from Washington D.C. And vaccine mandates have corporate America messing with Texas It's all coming up with me and Karen Moscow Bloomberg daybreak Yeah it's going to be really busy today Anna It does sound like a busy show Thank you very much for that Nathan Bloomberg daybreak is up next story for listening on London DAB digital radio You will hear Bloomberg surveillance Now let's get up to date with all the latest.

Bloomberg America JPMorgan Anna Thanks Apple Nathan Conflation Raphael bostic Sarah huan Michael McKee Titan bell Bloomberg Ali bassick London Alison Williams Europe
Oil slides on US inventory build, equity rally caps losses

Bloomberg Daybreak: Europe

02:12 min | 3 years ago

Oil slides on US inventory build, equity rally caps losses

"Lastly in commodities oil this morning continues to dive down one percent on wti crude fifty dollars ninety one brain crude at sixty one forty nine this after that a._p._i. report u._s. stock piles stoking fears of big glut in oil yeah and for e._m. what does this all mean as well that's been something interesting to watch seen a bit of green on the screen for emerging market equities at the very least today but is that just part of the global rally that we've seen in equities post fed let's dig more into the equity story looking stocks to watch and then we've got bloomberg's european equities reporter clear glued co who's with us good morning senate great have you told me through this line that we brought this early this morning a vivas c._f._o. tom stuttered is stepping down from the end of june what does that right good morning and actually trade were forecasting decline forever stock this morning on the back of this news that this year is stepping down from june thirty but at ebay is actually up slightly syrup point five percent just shows you how optimistic at the market is post powell talking of other individuals talk show watching as well cassandra norsk hydro to raise its improvement targets after a surprise profit we say any reaction yes terrific reaction this morning the stock was up almost seven percent earlier it's now up four point eight percent great news for them they're they reported an unexpected underlying profit so it's compared to loss a year earlier and especially since the aluminum producer suffered a cyber attack in march this was particularly nicer price for shareholders okay so that's a no sky drove on reynaud the booth delaying votes on the feds deal after hitting some resistance this is rumbling on though correct yes there's always something going on with reno this year right so reno is down just lightly on this news zero point six percents and its partner nissan is putting up resistance to the deal and it's actually although any sun only has two votes on the board so couldn't block the the deal with the at the same time it is a symbolic statement and also france which is a major shareholder reno asked that as a result of the deal with the framework of the existing franco-japanese align remain

Bloomberg Senate TOM Ebay Powell Producer Reno Nissan Reporter Cassandra Norsk Hydro Partner France Eight Percent Fifty Dollars Seven Percent Five Percent One Percent
"bloomberg european" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

10:22 min | 3 years ago

"bloomberg european" Discussed on Bloomberg Radio New York

"Bloomberg's European headquarters here in the city earning season is rolling on this morning. We're breaking some blockbuster figures for you this hour in a moment. Let's kick it off though. Without further ado, data check is do as the fed has been setting the tone in these markets stocks in Asia, they've been rallying almost across the board with all sexes. Moving higher following strong gains on Wall Street and all lights the MCI Asia Pacific index rising by one point one percent. We've seen the strength in mainland China in Hong Kong as well. In tokyo. The only place really where we've seen a little bit of weakness is in Australia where the six two hundred is down by four tenths of one percent. European futures. Also pointing higher this morning. Your stocks fifty futures gaining by six tenths of one percent. We're seeing similar gained for Dax futures Footsie-100 futures rising by a quarter of absented point counts. Futures higher by third of one percent. The Bloomberg dollar spot index out a four month low. It is. Down by another tenth of one percent with the index dropping this morning, as I say, the euro is trading around the one fifteen handled one spot fourteen ninety eight that's where we are at the moment. Tie up almost two tenths of one percent. Oil is on the verge of its best month since two thousand fifteen and there are further gays today. WTI putting on another thirty six cents a barrel. Fifty four dollars and fifty nine cents. We're seeing Brent crude at sixty two dollars and ten cents. Speaking of all prices, let's get to those earnings than shelve its fourth-quarter adjusted profit is coming in at five point six nine billion dollars. The estimate was for five point three nine billion dollars. So we're talking about a beat hair four the oil company fourth quarter debt, gearing twenty point three percent. And we will of course, be speaking to the CFO of Royal Dutch Shell Jessica all about is coming up shortly over on Bloomberg television, other figures this. Morning Nintendo's third quarter operating profit one hundred and fifty eight point six billion yen. The estimate was for one hundred and forty seven point two billion yen the net income figure better than the estimated one. Oh, four spot twenty one billion yen Unilever and other blockbuster right here in London four the adjusted operating profit nine point three six billion euros the estimate. There was for nine point two eight billion euros. So we got a new CEO and the first two well prophet figures seems to be better than the estimate fourth quarter underlying sales higher by two point nine percent. The estimate was for three and a half percent growth. So a little bit of a disappointment to the pay as Diarios first half organic net. Sales growth is coming in seven and a half percent higher. The estimate was for growth of five and a half percent first half adjusted operating profit two point four five billion pounds Diaz ios exchange rate estimated to. Hurt net sales by about eighty million pounds. That's according to the company this morning. H M also fourth quarter pretax coming in at four four point three five billion Swedish kronor that is well below the estimate of four point nine three billion Swedish corner assessment challenges remaining here for the Swedish closed Diane's negative year. And defects is what and is talking about an also logistic logistics costs of five hundred sixty million Swedish kronor, that's a quick run through of all of the names that we've had through this morning slew as you can hear we will. Of course, be keeping an eye on all these stocks as we approach the open here in Europe and how they open as well in less than an hour's time. Let's get though to our top stories. A lot of the focus on the Federal Reserve, of course, Jerome Powell I post meeting press conference of twenty nine thousand nine has left markets expectations for a rate hike this year, hanging by a thread and raise the chances of a cut next year. The fed chair says that the FOMC will remain patient on great. Moves. We are now facing a somewhat contradictory picture generally, strong, US macroeconomic performance alongside growing evidence of cross-currents at such times. Commonsense risk management suggests patiently awaiting greater clarity and approach that has served policymakers well in the past Powell also signalled flexibility on reducing the Fed's balance sheet in what's seen as a substantial pay away from a bias towards higher borrowing costs. Let's talk a little bit more about the market fallout tweaking cross over to Singapore where David Finnerty from the markets live team joins us. So David let's kick it off with the greenback. Shall we? Will it? The question is what's going to happen after this dovish fed we've seen it drop to a four month low the Bloomberg dollar spot index that is and I think it's going to continue if I'm honest, I think the fed was more dovish Sunday night expected. I thought they meant BB under the hawkish side. So I was completely wrong on that one. And that she dovish and more dovish than even the market expected can see that by the federal funds futures pricing. They now, plus they know hikes are always here they were passing the small probability going into the fed meeting. So the market definitely interpreters, very dovish as go. So I think therefore going forward particularly with earnings at the way. Yes, we got China trade war, but that that's Kamal linger. But more I think just the impetus now is this week a dollar at least for next month or so going ahead. What's your thinking on the steep on the steeper yield curve going forward? Essentially, we did see this bowl steepening rights are in the afternoon off of the meeting yesterday. Will that continue from your perspective? Yeah. Actually, think the statement. We'll continue in the reason I think is very positive equities. The fed were earnings overruled rain accepted, quite well. Yes. Oh submissive. But I've they went down quite well. So I think Jenny going forward with over the risks that have been taken even Brexit's on the backburner right now. So I think very critise it's definitely positive. And therefore, I think the money comes out bonds into equities frothy belong in the US yields to increase their I would expect some. State Navio curve certainly ever next week or two weeks. All right. Thanks so much David Finnerty and for real time market, commentary and analysis. Check markets live that's M L I V on your Bloomberg terminal. Another earning slime coming in a red headline on the Bloomberg from BT nine month adjusted EBay coming in at five point five five billion pounds. The overall full year outlook is also reiterated by the former phone monopoly here in the UK BTC's EBITDA to be around the top end of the guidance for the full year two thousand eighteen and twenty nine thousand nine so BT breaking as well this morning now, let's also hone in a little bit on the data that we've received from the world's second largest economy overnight. 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. 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 knew her in Washington DC. In other earnings. Stateside Facebook shares surged didn't extend to trading after reporting fourth-quarter revenue that beat Wall Street estimates unease also topped expectations showing that recent scandals haven't damaged the company too much. Bloomberg's Selena wine reports Facebook ended twenty eighteen embroiled in controversy, the public learn more about how the company let Russia manipulate users in election campaigns. It also revealed a major privacy breach affecting fourteen million people, but there's no sign of these scandals on the social networks balance-sheet strong advertising numbers for q four saw sales and profit come in better than expected and daily active users in December were up nine percent from a year earlier, but the company warned that revenue growth would slow in two thousand nineteen in San Francisco. I'm Selena wing. Bloomberg daybreak Europe. Tesla fell in late trade after earnings fell short of expectations ended announced that CFO Deepak who will retire adjusted net. Income was a dollar ninety three cents a share trailing the average estimate of two ten but speaking on the outings, call CEO, Elon Musk remained optimistic. Point. I'm optimistic about being profitable in q. Not by a lot. But I'm I'm optimistic about being caught. Scoreboard. Tesla's earnings are coming under pressure as it's rolling are cheaper versions of the model three to keep deliveries moving production of calls for Europe and China began this month when it comes to the Brexit story this morning anonymous, diplomatic sources in Brussels. Tell us the European Union is prepared to take the Brexit drama to a last minute. High stakes summit rather than bow to the new UK demands Theresa May wants to reopen negotiations despite the EU saying yesterday that there can be no more talks allow me to tell you very clearly yesterday's voice has further increase the risk of a disorderly exit of the United Kingdom fair. We have to continue to do everything in our power to prepare for all of the possible scenarios, including the worst. I was European Commission. President John through Junkers, speaking through a translator at ten AM UK time. Also, we're going to get a crucial take on European growth with GDP data out. From Italy and the euro-zone. Bloomberg's John angel has the preview. Europe's economy is growing increasingly file with last year's growth expected to come in just one point two percent adding to concerns over pronounce global slowdown just last week European Central Bank president Mario Draghi that rich had moved to the downside amid growing doubts that the institution will ever be able to raise interest rates. Druggies birthplace Italy also faces GDP data for the fourth quarter with a nation. Flirting with recession in London John angel Bloomberg daybreak Europe. Okay. Let's get some more headlines now from around the world, here's Bloomberg's.

Bloomberg China Federal Reserve Europe US David Finnerty John angel Bloomberg UK CEO Tesla tokyo CFO Asia MCI Asia Hong Kong Brexit Australia Nintendo Unilever European Union
Maersk: US Tariffs Have Unexpected Effect on Trade Deficit

Bloomberg Daybreak: Europe

01:03 min | 3 years ago

Maersk: US Tariffs Have Unexpected Effect on Trade Deficit

"World's largest container shipping line. I mean, it's been very vulnerable to the trade tensions. So I guess any get news really is received quite well these days, and it's up three percent this morning. And that's because it saying revenue is improving across the company, and it was able to raise the lower end of its forecast for profit. And it actually set that it's possible that a lot of US companies are now stockpiling inventory before possible increases to tariff. So that's actually benefited the company for now. And of course, the the global shipping industry has had to tackle years of oversupply. And of course, you now have this trade problem. So I think a lot of investors are breathing a sigh of relief over this news today. Let's talk an industry group. More broadly in that is energy stocks justina because we are seeing them today at the moment the worst performing industry group on the benchmark presumably because of the slide in crude, right? Exactly. I mean oil has shown. No signs of bottoming out. Get OPEC is worried about demand following and at the same time. It doesn't look like it can exactly just cut supply. Because obviously US President Donald Trump is saying that the group shouldn't do that. And today, we do see the oil and guests sex sector and the stock six hundred. I mean, it's down one point seven percent. The the UK producers are down, you know, BP is down or shell is down. So it's really a bloodbath over there. Yeah. The the oil sector being the hardest hit sector so far in European trading. Auto stocks, though, that sector is actually in positive territory this morning this as we've been working some other news out of the White House. So Donald Trump said to be essentially backing off his threat to raise tariffs on cars. Right. Exactly. The auto sector today is up almost zero point three percent in Europe. And that's of course, relatively already some really get numbers there. And what's happening is that we've reported that the Trump administer. Gratien will hold up for now. Imposing new tariffs on auto imports because of ficials are still looking at possible revisions to report on the national security. Implications says seems like something the industry has been really worried about all year long at least will not happen for now. Okay. Thank you so much steel joining us in our London studio. Bloomberg's European equities reporter taking us through the stocks to watch just want to highlight a couple of others were one of the best performers. In fact, the best performer on the stock six hundred right now is Smith's group are basically offer it said it plans to split off its healthcare business. So we're seeing that stock rise at the moment by four point nine percent. I also want to highlight Merck. It's not one of the worst performers, but it is down almost two percent. It was lower in the pre market as well trimmed its earnings forecast for the year blaming slumping currencies in South America, where it sells medicines and chemicals for the farm industry. Third quarter profit though did beat, but it was seemed to be the currency impact. That's been rattling investors, and I did actually speak. To the CFO on TV earlier, and he did say to me that he sees the Latin time currency troubles weighing on the fourth quarter as well. But does see all key metrics improving from the first quarter of twenty nine hundred. That's not helping to stop today though. You can't help yourself narrow this morning to bring it back. Anyway, let's talk a little bit more about Brexit because it is really in the spotlight this morning this as the UK and European Union have agreed on a draft deal on Brexit, potentially. Offering enough time to have both sides sign it off this month. However, Theresa May must still drive the deal. Pasta cabinets and then parliament cabinet is up. First day Brexit tier and former foreign secretary Boris Johnson has not seen the deal. But is critical of what he's learned so far this is

Smith Donald Trump United States UK Opec Brexit London White House Merck European Union Europe Boris Johnson Gratien South America Theresa