29 Burst results for "London Studio"

"london studio" Discussed on Kinda Funny Games Daily

Kinda Funny Games Daily

05:08 min | 5 months ago

"london studio" Discussed on Kinda Funny Games Daily

"Advertised by Sony London studio, which most recently released VR exclusive blood and truth, the company is looking to put together a fresh new team in order to create an online PlayStation 5 game. We could keep talking, but that is what they will continue to say over and over again. So Sony London, online PlayStation 5 game. Frankly, awesome. Go get them, love the blood and truth. I don't need this to be VR. I'd like to see what they would do in a non VR world, but I also know they're passionate about VR. So if they're making VR for PlayStation VR two, let's go just shorten up the weird loads blood and you've had somebody walk into another room and shut the door behind them. Then I'd walk to the door and then the door would have to open for me to go into the next area. Knock that shit off. Yeah. Number one, the little experience they did before blood and truth in the high school world or whatever. It was awesome. I love to get away from way back in the day. They should just make a getaway. New do me a favor. I know this is the worst time for me to ask you to do this. I definitely have so many games. But at some point, can you please just play the matrix experience? Just for like, just playing for 30 minutes. It's just 30 minutes. I just need you to see these facial animations. It does not even about the matrix. It doesn't matter. It's not about feel like I've seen enough gifts go by of it that I get it. When you have the controller in your hands, it changes it, man. It fucking changes it dude. I don't think it's worth it, I'm being honest. I mean, did you do it? I need to go back and then what's his face? What's his face was doing it? No, no, you know what? It was Nick. Nick was doing it and we streamed it, and it just was like, wow, what a waste of fucking time. Oh my God. Here's the problem with matrix anything. As I look at it, it just reminds me how good matrix one was. And how bad matrix two was? And how bad matrix three was? I'm not talking about it. I've heard how bad for matrix four is. Tim, this is a matrix four. I don't care what you say. It won't save matrix four. And all you want me to do is make sure that so you think I'll start backing down on Avatar. Avatar is terrible. Oh, no. And I'm on the wrong side of this. I like Avatar. You're wrong. It's the same thing of just like we're talking about with video games right now, right? Where it's like, you can do one and walk away. You don't have to have a 19 year plan, James Cameron, just stop. I'd rather see Titanic too. Can we get that? The Bill Paxton go back down there and just see the heart of the ocean land on the floor. He's like, oh man, it was here the whole time, right below me. This is dope. Oops, I did it again video was Titanic too. It's a great point. That's a great point. Number 9 on the rope for report, rumble versus been delayed, this is iron galaxy's letter about it. We want to thank everyone for their enthusiastic reception that rumbles into the actual reception. That rumble versus received after I revealed The Game Awards during our first look play session, it was hilarious and inspiring to see people lay in their first elbow drop from the top of a skyscraper. Those are the moments you dream about when you work on a game. The thing about game development is that plans have a way of changing dot, dot, dot. Today we're announcing that we've decided not to launch Romo verse on February 15th, having capital city filled with rumblers taught us a lot. We're excited about the game we are making. And we're glad you are too. But there's more we want to perfect. There's more we want to do to perfect the experience. More than a game, rumble verse will be a community that we want to support for a long time. We are going to take the time to make sure we can do that right. That obviously means that early access won't begin on February 8th. If you bought the early access pack, we are working with our platform partners to refund your purchase. We'll provide another opportunity for you to purchase content for the game once we schedule a new launch date. So, number one, delay, not having a February 15th anymore. Number two, cool that they're going through the whole early accident and I know they probably have to legally, but they're very up front of like, we're going to refund your money, don't panic. Yeah. I love this. I love this game's happening. It was one of those weird games like, what the hell is this real? What's going on, but it's iron galaxy. And the fact that it's them making a wrestling battle Royale, everything about that just seems like it's in the right hands. Of earlier, we're talking about hyperscale, and it's like, did that seem really want to make it? I'm not convinced. They might have been, whatever. This, I'm like these motherfuckers want to make this game. Yeah, and then, of course, I missed it because it was the heat of being a dad or whatever. But I'm very excited for that. I like the idea of it. The idea of a knockout city, but it is wrestling, is pretty cool for me. I guess it's not exactly the same, but you understand me. Yeah. Number ten, you see the influences you see what I'm driving at. I'm not saying don't bother you wrong. Number ten, finally, horizon forbid west has gone gold. I pulled from Angie's PlayStation blog statement, but that's the statement. Her I had for admitted west completely on target to come out of the 18th. It's gone gold, meaning that they're set to start printing and distributing the game and get you into a Louis adventure. I can't wait to. So close. But the problem is February 18th is so close. But it's actually so far away. Tim, if I wanted something more exciting, say, what came to the mom and grab shops? Where would I go? The official list of upcoming software across each and every platform is listed by the kind of funny games daily show hosts each and every weekday. Do you out today? Wagner on switch. Hotel life, a resort simulator on all the PlayStations, all the Xbox switch and PC. Swan Chernobyl unexplored on all the xboxes. The longest road on earth on all the PlayStations is all the xboxes and switch..

Sony London studio Sony London Nick Bill Paxton James Cameron Tim Romo wrestling Angie Louis Wagner
"london studio" Discussed on This Week In Video Games

This Week In Video Games

11:29 min | 2 years ago

"london studio" Discussed on This Week In Video Games

"I know exactly what I mean. I I'm talking to people day on zoom through windows assault feel like the. I think that I don't have that many zoom calls. I've talked to myself clearly. I'm be so weird by the time they come out. They're going to break down the door. We're GONNA have a bid this can be weird. Fort Made Out of like SOFA cushions with like yoga pots. In or something. At least you being could shapes this is true. I am working out probably more than I would normally talking working out. I mean. Have you ever had an experience. We'd like fitness video games. So yes and no I think in the same way of everybody kind of has always a bit. I never really got into we fit. It wasn't really my thing told those too old shut up I'm kind of a. I tell you what one actually I did. Recently that I thought was one of the best workouts and actually was unbelievable fun and they really really smashed it was beat sabre. I think it's I think it's the longest I've ever done. Vr normally we all you have to stop every level also and kind of just take off and not have a sit down and then go to a a new kind of really aware of the time. You're spending in the game that Oh my God I think my five minutes straight. I like took the thing off. The whole thing was a lot wet inside. I had to get a towel was like. This is so unbelievable. This is the perfect fitness game. Because also nor we're making a fitness game which always is a bit rubbish. It's like you know when they make video games like teach you things and you're like yeah stop trying to make love. I know what you're doing whereas with beat Taber is just great. It's just fun and honestly yeah. It's a great workout that it's like basically the perfect we all game. It's perfect so good quite quite new to myself. Like when lockdown started. I was kind of a main ring. Now half-life Alex. Oh yeah and I was like I am going to be inside only on a my as well spend money on the unit and you haven't got beat Soviet and so okay. Well man seriously. It's so good and also like Vian especially when it's like narrative could be quite intense and What what was the pain of blood and truth only really liked it. I thought it was quite fun. That's like ps we are. I think there's something about as London studio. There's something about like being interrogated where someone is acting. Reut in front of your face. It still had a few problems with it. Being a little bit get Chia appoints and wasn't the smoothest ride but oh my goodness when they start nailing that down like it's weird. It's so weird when they're coming right up to you in your face And you know saying stuff to you and your mother It's crazy is unbelievable but I mean remember an. She was one year three loans on the demo which was taken out she from part that game. Which was this car chase where you like in his van and your passenger basically be. Come up trying to cheat you and you have this like Sm Genial basically just pointing and shooting reloading by kind of loading the clip in the bottom. And it's a very simple premise. You say say out loud your car you being chased by some stuff and you shoot it. You're like that sounds super boring. Like that's like every other crap game whatever but it was the first time kind of doing in VR and they made the kind of reload functionally gray and and being able to point and shoot someone where they are like as you would with the gun. It's the power fantasy that like we signed up for. That's what I wanted to do is to feel like about us. I don't use controller and feel stupid. I I'm stupid in this in real life. I want to be really good. That's the point. And Yeah just remember so playing that level and being like wow okay this makes this is completely so we are like if they can get this right where it just feels easy and it's actually tive actual real intuitive controls than brilliant. I'm so infrared because the controller is let's be honest terrible. It's a terrible way to interact with the machine. Why those buttons there I mean. We know that it's crowded because you press that button a million times before but to anyone else if you're having to explain it is not great and I'm not pleased. I'm not I'm not like people like control is because I do love them. And unfortunately we're kind of stuck in this way of interacting. That's just it just doesn't make any sense. It doesn't make any sense at all one of the things. I was really impressed with recently with am kind of time back to fitness on the nintendo switch. I managed to somehow back myself. Version of ring adventure and Yeah it's really cool so you do like a idiot workout session. And then you can put your thumb over the infrared camera and it will read your spouse is. How accurate is that? I don't know I haven't got anything. To Commute to still be. Let where they were actually like watches to be honest with you or not that not that accurate. I mean some on some on I think the the ones that you think will be accurate are accurate and the ones that you think. I'm going to be accurate on if get me but to be honest with you for me. It's more just about. I like to cancel my so that I know that I've got them in a history of them but also eight tells you a rough idea although there is something very frustrating if you're doing really high intensity workouts and thinks that you're like eighty bpm like dying on the floor like shut up through your checkpoint that can be frustrating. It's yeah it's more about just getting like a rough rough idea of what's going on. I mean anyone who's getting into fitness. There's a really simple S- of rule of thumb in terms of working what your heart rate is doing and how your body is doing and it's the talking test so if you're kind of this is something where you can kind of say you're joking and you can hold a conversation. You're obviously a much lower so over BPM. And the more you're sorta like perhaps you can't say a full sentence With having to take a breath and then there's the other one where you just can't talk those are kind of the three stages that you look at any way in terms of like what your body is doing. So it's pretty straightforward. You sort of know what's happening ask we should. Do you like about ninety hundred. No it's not now it's not. I definitely recommend checking out your workout routines if everyone there is interested in so keeping fit whilst in in lockdown and seventy if you got games can. I help newsroom lockdown so of that phrase lockdown but I keep using it. It's fine so meeting the weekends in the morning. I'm just doing a little bit of animal crossing. I'm really heavily getting into dedicating hours and hours. I tend to just do a couple of hours in the morning and then look I've done. I've done if I really want to get deep into the whole turnip saying I'm just. I'm very good with money. I'll probably doing some terrible decision. Lose will somehow life so mostly playing the wall. That's like that's like my weekend game when I just want to play something that just makes me really happy and really chill and lovely and then emerge working to find a fantasy seven remake as well and that's really happy with us like my my week day game and then I pay. Zelda is like a tree on the weekend I'm trying to I'm trying to do the same with them net flicks. There's a couple of series that I was trying to get through trying not to been. John said I can have something to look forward to special on the weekend so formula. One drive to survive is incredible being really good about just watching one episode and then stopping time doesn't matter anymore doesn't exist anymore. We have no effect on the space time continuum. Nothing we do. We'll have any consequence consequences in the future. Or the past I haven't watched the mandate Laurean so actually ducked out and I loved it. It was so good and I did. The same thing was like I watch on a Sunday morning. I watched my one episode at work to restrain myself with just like to on the weekends and it was. Yeah it was just kind of wholesome star wars. He thing I really really needed. You know it's like a Fucker Cook of cowboys story right now. It's it's so good and I hate cowboy stories like I really hate them. And the agency slickers. I didn't get almost as like I watched it. But there's something about the whole cowboy story I just I don't care like I just don't care this. I don't think there's anything cool about it. There's nothing that kind of attracts me to it. You know when you'll like a bat US space adventure cowboy coexist your space adventure cowboy. That's fine but the whole kind of wild West era the attorney. It just doesn't speak to me in that way and I wish it did. I really wish it did because there's a whole stuff out and it's really cool that would love to like but Yeah I just can't I don't think it's cool? Did you play through redemption to? Yeah I struggled with it. I mean you know there was other stuff going on the made it also difficult. I like him but also I find it really hard because I just took cowboys. I just don't like them. I really WanNa like them and I really really wanted to get like super into it but I was just. I don't know what it is and I feel like it's something that I should like. You know they're out in this kind of place you're sleeping under the stars you're like your your own lower your own whatever you can take jobs and did. Why don't I like this? I like this in every other version of it. Why don't I like it in this one? Identify what it is is weird are there. Are there any games you looking forward to in the rest of twenty twenty? I mean it's just GonNa be the last of US too. I'M GONNA cry a lot and I mean wait so one. Is it going to be this year is going to be this year? Isn't it yet? I'm sorry yeah well that's what I thought but then I thought like that doesn't. I don't feel like it's going to happen. I don't know why I'm just like no. I read that it was September. I feel like anyway. I'm GonNa be positive that cyberpunk percent and it's it's CD read. I'm obsessed with the witcher like obsessed with it. It's my all time favorite game of all time ever like the the wild hunt. Sometimes I just turn it on and just walk around. If I just need to calm myself I don't know why this something I mean. Really the which is a bit like a cowboy is almost exactly the same it's just like he's a fallacy. Barbara judo made wondering around seeping onto the stars. Amanda Lower unto himself Blah Blah Blah is. Just GonNa I'm going to admit something. I haven't played the witch three. Jesus Christ. I'll not did you play any of the others. No I for some reason. It passed me by like I can let you can still go back to even though it's older obviously it is it's the epitome of perfect RPG..

US assault nintendo London studio Taber Vian Amanda Lower Chia Barbara judo twenty twenty Fucker Cook attorney John
Peloton halts live classes as employee tests positive for COVID-19

WTOP 24 Hour News

00:24 sec | 2 years ago

Peloton halts live classes as employee tests positive for COVID-19

"Peloton has canceled its live classes after an employee tested positive for corona virus production stopped at peloton's New York and London studios until April thirtieth it will continue though to provide pre recorded classes to its members after the state of New York ordered nonessential businesses to close peloton continue broadcasting live classes with what they called the skeleton crew through the end of

New York London
Bank of England keeps main interest rate unchanged at 0.75%

Bloomberg Daybreak: Europe

04:25 min | 2 years ago

Bank of England keeps main interest rate unchanged at 0.75%

"Money tree policy committee meeting as the governor of the bank of England is one of the most unpredictable of his tenure money markets are pricing the chances of a twenty five basis point cut just under fifty percent same as a toss of a coin that's down from seventy percent two weeks ago as improving economic indicators may trade is less sure the bank needs to take action over to say joining us here in our London studio John Rafe UBS heads off you Kate rates a strategy will earlier Richard Jones called and said he reckoned it would be a cop today what do you think how you use the use the expression coin toss I think you're right it is a coin toss which is not in possession of some of the information the bank of England is what they've basically told us is that going to act early and aggressively if an awesome when they see a need to ease if I see anything in the data that worries them that likely to certify first and ask questions later have they seen something yet we don't know its internal intelligence some gets published next week which is quite significant there is the mantra policy report being published today which will have to tell for cost and information as well off he was that not gonna cut we've been saying that for a while and on the economic outlook I'm what we do know in leading indicators in terms of him awesome things we don't miss any case for them to do so we wouldn't be having this conversation were it not for the comments made about three weeks ago by Mister Khan and others yeah absolutely and I think that you know initially it really pushed up of bets on an interest rate cut but now they've sort of kind of waned essentially why do you think that that is what I think when they the comments were initially made the markets what was he trying to understand why they'd come out at that time it was any three weeks off the last meeting when they sounded much more sanguine that they came out with these much more urgent sounding calm and acting in a more private preemptively and there was a sense that maybe they were speaks about Walt had rob hadn't happened post election post clarity around that face the first phase of brexit that and the bounce back they were hoping for was materializing so that's why the market reprise so dramatically now we've had the PMR eyes in the CBI survey which suggest will be early in soft later and I'm very early stuff like that that's been something of a rebound people say well maybe they weren't talking about this meeting that just talking about that reaction function going forward and if the PMR is tell us anything it's that there has been a bit of an improvement that full they don't need to go as soon as today so this is just huge confusion and that's why the market split down the middle works I say to you have the C. B. eyes you said PM eyes with holiday of course it's backward looking I understand that is much less impressive I mean inflation weakest in three years British consumers shopping stores during the the December the key pad or if I mean if you were being really solid about what you believe that that that's going to be your main consideration I mean I think what what they really told us a nice comments it wasn't just that they sounded concerned it was about them saying pretty explicitly at least for those members from now on we can out act very swiftly and therefore it becomes more about we looking at those we are looking forward in two cases if they wait until the end of the first quarter to say well how did the holiday to look for January December their argument seems to be that'll be too late so they have changed the way they behave and that's why it becomes on certain for markets because they're looking at real time data the market often isn't privy to so that's why it's introduced this new amounts of volatility we thought and still think that they'll cut in may by which time it will be clear that Q. one wasn't grates and momentum starting to fade again as we head through the air in the brexit situation sauce come back in focus what they're suggesting and what the market reprocessing is happened is maybe they're not going to wait that long neck and what first and more about it often okay very briefly in the kills market is looking pretty cheap across various maturities I mean I'm in the hunt for yielded across Europe yeah well I mean that that yeah you need to say you have to call the law yes any of around fifty basis points that was awful costs for the end of the first quarter so we've got that by the end of the first month I'm at these levels you know guilt actually started a quite expensive to us partly depends on what goes on elsewhere if treasury yields keep falling away to have some of the last few days then you know never to be guilty of willful some offered the role that we think that they'll under perform treasury's in on the ongoing rally from here the front and we think it's likely to get a very dovish message today whether the MPC council not said every scarred for from ten years to for a bit further with

Bank Of England
Will 2020 see stocks gain?

Bloomberg Daybreak: Europe

06:48 min | 2 years ago

Will 2020 see stocks gain?

"Is will next year see stocks game as they have so clearly in twenty nine to commemorate the say joining us now on the London studio shanty callin investment rector of brown should be handy good morning welcome thank you for joining us on Christmas Eve above and beyond the call of Jesus let me pick up on that for them to have their about the relative requirements or traction is really I guess of equities and bonds going into twenty twenty what's your colon so we we favor equities over bonds right now but we don't have dramatic you know dramatic overweight and and under weight I think with that could ease the valuations are still pretty reasonable considering that interest rates are quite low in in the US and extremely low and in Europe and there's also the you know economic growth is okay it's not fantastic but there is corporate activity and the direction of travel seems positive in terms of things like purchasing manager indices kind of bottoming out and we've had you know the past ten years you've had a couple spells where you know it's kind of a lot of the economic indicators of gone badly and then and then things have picked up how much and with that in mind and John damage she worry about earning season heading into twenty twenty effort to keep cheeks earlier on and he was saying he sees he says scene at the profit margins of U. S. corporates rolling out of a and some people remain concerned that manufacturing recession in the US and elsewhere turns into some sort of biggest squeeze on margins that the trade war necessitates pouncing on increased harassing customers how much of that is a concern that earnings season I think it is a concern this year in some ways we had kind of easy right at the beginning of the year because expectations were just so low after the you know the worries we have the end of last year and now we you know we had companies sort of they were just meet expectations and stocks will go up and I think next year we back into people probably expecting better so that is certainly a risk if you look ahead into next year you know perhaps swimming start earning season what do we get those first few days of some of the big banks and tech companies that could certainly move markets will cause all this is what you know is happening in the context we we we can't talk about that side what's going on around it affects it dramatically in terms of what we're talking about here there's obviously the US China trade scenario not to mention this whole election that's coming up in the US fairly shortly how is that going to affect things these are the first with US China trade situation there is something called the pipe as we sit there may well be before too long how do you see that going into twenty twenty in effect it will have so I'd I'd like to see something in writing either VI because we've been here before so many times we say there's a deal you know and then and then it kind of fizzles out and nothing happens and even with the things that have been announced recently China has set slightly different things from the U. S. so you don't really know what's actually there or you're still sign anything I think trump probably needs a win more than he used to when you consider the troubles of impeachment election coming up so I think you'll probably be more inclined to sign saying but the other thing is he's kind of swung public opinion in America towards being supportive of being tough on China and now if you sign something that scene is too easy to sort of have a win does that backfire what do you think the market's expectation chancy is a phase two phase three of any conversations beyond phase one because as much as as we still haven't seen that that the income the paper phase one but we certainly expect that phase two and three we'll have a full of follows would be tougher yeah and the phase one was you know okay will will buy some more agricultural products and will commit perhaps opening some markets if you're going to actually have the conversations about stuff you know state investment in state subsidies and the government's involvement in markets that's a much harder conversation and giving his government's everywhere subsidize business anti tax credit so so it's not that the U. S. entirely innocent they they do that as well it but it's a matter of degree and how do you enforce it and what mechanisms you right into a contract to verify that a judge you because it's it's a match of of two so he took over the side what are the Chinese ones out of this what would they consider to be a victory that they couldn't sell to that people yeah and for them in some ways they're in a better position because they're not a democracy they're not beholden to election cycles they can take a much longer if you there a Connie is probably slowing a bit more than the US economy is so so that something that they'd like to six but you know they can do stimulus they can do more investment they can lower capital requirements they have levers they can pull the they did the cash injection I heard about this morning will that be effective would be a way of of of winning having of games on that side to me they could be back slightly more competitive towards the Americans maybe it's it depends on how how far you want to go a lot of the stimulus measures they did this year didn't seem to have a huge impact it was estimated to be getting they put something like five percent of GDP in stimulus into their economy and you know maybe held it flat but it didn't lead to huge growth burst the other thing with China's they still have the song went Amick of switching from being export oriented to the consumer driven economy and maybe they say well you know the exports are going great we'll focus on that and we'll focus on growth of our middle class and driving consumption growth and that's how a lot of you know you do exports first and then you have to move on to that that stage what do you expensive out to Sansa getting into twenty twenty you get new have a the explosions technology stocks along tech the tech sector your short oil at WHYY excitement about technology when you know it's come along way and also there were regulates the risks that hang over it so I still think technology has a lot of really attractive barriers to entry competitive advantages scalable business models you know those things process and I think a lot of people to underestimate the scale of change in society and things like you know you say okay you know online shopping or are we done with that no there's still a huge portion of sales that are in stores in cash there's more to go things like moving to cloud you know infrastructure again there's so many businesses that aren't there yet so I think people make the mistake of looking around saying the trend started and not realizing how far that trend can actually go online shopping the very busy in my house in the last two to three days I was I panic I think was breaking out probably but yes certainly interested in the technology and what it offers gentry thank you so much anti calendar investment director acts brown Shipley joining us in our London studio some thoughts about

London Brown
Bank of England keeps rates on hold ahead of UK election

Bloomberg Daybreak

04:21 min | 2 years ago

Bank of England keeps rates on hold ahead of UK election

"And enhances the Bloomberg senior U. K. economist is in our London studio to preview the bank of England policy decision Dan thanks for being with us with Britain heading into election there's pretty much nothing they can do at this point I would imagine the morning sun yeah that's absolutely right I mean we we expect the buying to stand Pat today keep rates on hold we expect a unanimous decision as well the the focus the fix is reading and be on the full costs how big a downgrade to the growth outlook cool banking will make we expect them to be to push them for costs next year and year officer and will save that's going to push them on the inflation forecast as well but really it's a steady she got a meeting as you say the political backdrop is so uncertain of the bank is just it's gonna be studies you got yeah if I'm a businessman in the UK do I invest in the business to a stockpile I mean there is so much uncertainty doesn't beg for a rate cut yeah it's it's moving well the debate to the UK's moving in that direction business investment has has essentially slumped over the past eighteen months and the anything the any parts of the economy that's carried on trucking along it's been the persistence hima now the debates about rate cuts it's a difficult one because what we know you is coming down the line and you've you've seen this on the headlines this morning is that fiscal policy is going to be leasing them sensually quite substantially next year and beyond when we get a new government say you've got a you've been weakness in business investment and that that could potentially turn around if the bricks if there is a profoundly a brexit deal then you've got this leasing fiscal policy so right now yes there is the service and see but potentially if the election is able to break the deadlock there is potential for a bit of upside in the economy we think next year what what's what's the inflation outlook right now and we have to take into account that there are different reasons of different types of inflation of those related to currency in those related to to demand absolutely Sir the main inflation's running below the bank of England's two percent target and we actually think it's like stay there certainly in the near term and potentially even next year that's mainly as a result of what we think will be a slightly stronger pounds and that says you mean that that there is a brexit deal but yeah at the moment stay on the line to moan underlying inflation I should say in the economy is still quite tepid it's it's picking up wage growth is picking up but it's not at the levels you'd expect to see in the medium term that would see them for inflation hit two percent consistently at a two and three year horizon is is everybody on the same page at the bank of England you mentioned you didn't expect any dissent or anything like that but with how would you break down the potential doves and hawks so the moments we think as you rightly said that we think they'll be a unanimous decision today what you've seen recently there is a slight breakout and in the toughest direction but both Michael Saunders in Goshen plea they they've been talking about the potential for rate cuts even if no you deal brexit is avoided and even if there is a brexit deal and that comes on the back of the point that you made early at the end it's possible that even if there's a brexit deal business investment doesn't rebound and they all say clearly worried about the global backdrop and the has a very economical to me Sir weak global economy spills over to the U. K. say at the moment unanimity but going forward there's potential for for splits to account with anything that's right okay let's leave it with the next question what's your base case for a brexit to tread lightly with this one so you it said with the not a huge degree of confidence but I thought I'd say all base case is the you first have to look at the election and the polls at least at the moment suggests that Boris Johnson will return to power okay possibly with a with a small majority that then leads us to getting his brexit

Britain Bloomberg U. K. London Bank Of England DAN Two Percent Eighteen Months Three Year
Airline quarterly earnings: ancillary revenue the highlight

Bloomberg Daybreak: Europe

01:38 min | 2 years ago

Airline quarterly earnings: ancillary revenue the highlight

"Right well let's have a look at what the shares ought to watch this morning Bloomberg's Joe recent joined us in our London studio is such a good morning well it's it's a line these will be stopped simply run it we had my clearly every the CEO of your own but a good time posting quarterly earnings that beat estimates yes good morning so we start with the airlines and as you mentioned that okay Leri that quite bullish on some of the outlook big married that guidance for the year ahead which seems to be in line with expectations but what's been a big posted is the ancillary revenue which looks good so this is the additional fees that passenger pays for sitting with their friends will bring on extra baggage and they seems to really be the highlights of that reports the moment that's according to analysts at Jefferies and they say also that any attempt send traffic growth for Ryan man has of say three percent decline in the phase which was something that only real six spoke about on television earlier today for pulling back so it looks like a combination of better traffic growth and these ancillary refugees has offset the the fed to con which we already knew about as such thing Reinisch as rising in much of four point five percent today I am not just run I AG news they gonna Bali these from his car at any rate the for a just everybody on the list that stress is a big extension firm a billion billion euros and this is in a line that really travels to South America such a big one to get to that countries like Peru and Argentina so looks like and they're trying to build on that alright bear a units with that last taxation and seems to be accretive to a PS still I AG says up from one point two

Bloomberg CEO Leri Jefferies Ryan Man Reinisch South America Peru Argentina Joe Recent London Bali Three Percent Five Percent
"london studio" Discussed on WAFS Biz 1190

WAFS Biz 1190

05:51 min | 3 years ago

"london studio" Discussed on WAFS Biz 1190

"Com. Let's get more on what stocks to watch this morning. Now, Bloomberg salmon's did is with us in the London studio, Sam, great to have you with us. I mentioned broadcom just then very briefly talk me through, what we're likely to see from chip stocks fully, what we heard from broadcom yet, and we're already seeing it from chips. The west performing sector in the stock six hundred this morning. AMS crowed fitting, fulling brokem Cutler. Full costs mainly due to China with million. The broker is especially exposed to China. They have exposure to wall as well. Very heavy exposure to Hawaii. So the trae concerns of maybe a little higher than this all semi's. Rely on, on China say you're seeing a quite a big hit being taken by the sex this morning. Let's talk about Baya as well, because we got some breaking news on this in the policy couple of hours update us on what we heard. And if we're seeing in shop price in packs. Yes, not too much shat price impact from this. But by have said that they're going to invest five point six billion dollars making alternative. We've Casula as everyone will know the roundup trials, which hitting bar. The moment they are facing thirteen thousand lawsuits at the moment. About the beside roundup, causing cancer, so they are investing in trying to find alternatives that which seems like a pretty understandable, today, the share price at the moment, not reacting too much they slightly higher. But this will be a long-term story for by. Yeah, I'm just gonna know putting price for the docs, she went down full tenths percent right now on the dock, so that's on the move a lower at twelve thousand one hundred eighteen and let's talk about a Volkswagen VW, then I know you would expect to move in the shed price. But there's an interesting stories. Tell ya yin, huge movement in shows this morning, so that China taste that you mentioned earlier, maybe weighing on the old sexual little bit this morning for Volkswagen in particular, they priced given this guy on the pricing of the traits on heavy trucks unit units can be valued by eighteen point six billion dollars. A very big year to take him most of the focus, this year has been on the US the least huge unicorns like Uber inside but. Volkswagens giving Europe something to cheer about in that from great to have you with us Bloomberg Simon's did with stocks to watch in the London studio. Now let's turn to top stories we start with the latest on the twin attacks against two time 'cause near the Persian Gulf yesterday. The US released video that the Trump administration says captured involvement by revenue regard patrol boat in yesterday's attacks. It was the first evidence publicly put forward by the US to support its claim that Iran was behind the attacks, which was announced by secretary of state, Michael Pompeo. This assessment is based on intelligence. The weapons used the level of expertise needed execute the operation recent similar rating attacks on shipping and the fact that no proxy group operating in the area has the resources and proficiency to act with such a high degree of sophistication Iranian officials have rejected the accusation. Now US deputy energy secretary, Tom, Brielle, told Bloomberg, he sees the oil market, quote very resilient with production numbers across the world meeting, demand. Whether Iran is going to continue its maligned behavior is really for them to decide, but I can tell you from an oil market perspective. We're less concerned about those activities than we were say twenty years ago. Now as I was saying the days check Brent is just about extending yesterday's rally up two tenths percent. Sixty one forty five WGLA's into the Loa of by two tenths of a percent. Fifty two spot nineteen and even though we did have this spike of two percents or more in WTI yesterday was still heading for a weekly loss on oil with trade concerns weighing on concerns around Dimond, global demand, turning lower and also concerns about oversupply. Of course, we have that jump in US stockpiles earlier in the week now sticking on trade, the wool that really worries oil investors is the deepening trade conflicts between the US and China. And at the moment, President Trump is still waiting for a response about a meeting to restart trade talks. That's according to White House economic adviser, Larry cudlow. He will Beijing may face consequences. If president, she refuses, the invitation talks collapsed last month with both sides, blaming the other Trump has previously said this no deadline for restarting negotiations. And meanwhile, WalMart target Macy's at hundreds of other companies. Associations, and making a plea to President Trump not to impose additional tariffs on Chinese goods, the story from Bloomberg's Charlie Pellett. They want him to return to the negotiating table to strike trade deal with Beijing. More than five hundred companies one hundred forty groups representing manufacturers retailers oil and gas, firms and other industries signed a letter addressed to the president from tariffs hurt the heartland, an umbrella group of trade associations, that's pushing back against Trump's trade war. The coalition commissioned, a report in February that showed the US trade tariffs, and China's retaliation would lead to the loss of more than two million American jobs, increased costs for the average American family of four by almost twenty three hundred dollars and trim US GDP in New York, Charlie Pellett, Bloomberg daybreak Europe. Billionaire money manager, Jeff good lock says he doesn't think the Federal Reserve will lower interest rates next week, but the chances of multiple cuts this year, a high he says July. Why is a good possibility? But the policy loosening by September is virtually log Gunnlaug says it could even be a fifty basis point move the bone guru also raised his of a recession. He's now full costing forty to forty five percent probability of recession in the next six months, and sixty five percent in the next year now turning to the race for the next UK prime minister Boris Johnson has come to be one. The first round of votes, he was backed by hundred fourteen Tori. MP's seventy-one ahead of his nearest rival before Brexit secretary, Dominic Robb, who's also in the contest says the still along way to go. We.

US China President Trump Volkswagen broadcom Bloomberg salmon president Beijing Iran London studio Europe secretary Persian Gulf Bloomberg Bloomberg Simon Hawaii Baya Sam
"london studio" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:01 min | 3 years ago

"london studio" Discussed on Bloomberg Radio New York

"Live from the us, any to daybreak Europe. We're live on London via digital radio series of economic, and political events in Asia that bringing back a little bit of volatility into these markets. Absolutely. As we apron up in your six hundred down a tenth of one percent. We have been pointing on the futures. The footsie, though, heading just slightly into the green, this after we had a pretty mixed session over in Asia Yousef, at the Shanghai, calm down four tenths of one percents here so three hundred dollars a week. Eight tenths of one percent. And the China also down one percent. So this, of course after last week's or big blow up in the US, China trade war. And we saw significant gains. Yes and beavered NASDAQ your six hundred fifty one hundred all lower on Friday looking, though, to US futures this morning, actually a slight bounce back dodgers. Even if each is again, just have a two tenths of one percent. S&p five hundred features also high. Two tenths of one percent. So it's quite a mix pictures. We really wait for for the next move. In terms of the trade war, when it comes to the bond markets two point four zero three percent on the ten year benchmark for upper basis point, they're Italian political risk, very much on the radar and the e u elections when it comes to BT peas and other bonds across Europe. So guilt up a basis point was saying basis points higher for French, and German tenure benchmark yield in terms of the FX market. Also quite interesting moves the dollar is flat at the moment, but we saw outside news in terms of the dollar after the election. Result. They're a real surprise win the conservative gets back into office and the Indian rupee gates more than one percent on the spot price. We're keeping of course, in I on the on the off show you on trade at six point nine three. So a gain of a tenth of one percent, and the oil markets have seen a big gain after the meeting in Jeddah. Constraints will stay in place. Somebody gets one point three percent, sixty three spot fifty nine in terms of the oil price Yousef more on some of these stocks to watch this morning, Bloomberg stocks of their Semons joins us now from London studio. So looking here Ryanair with their cautious outlook coming out of the gates quite a downside. Yeah. That's right. And I think rhinos report this morning, probably broody expect from an airline at the moment, especially budget airline. So they're very cautious. You know there's a lot of capacity coming into the market competition. Is high Feser taking a hit from the bear in mind, as well today, that some of the airlines might be taken a little bit of a hit from a higher oil price to because that raises their cost, and that's been a concern for them throughout the? Beginning of the year. And we're seeing the my Ryanair opening pretty pretty badly down about five and a half percent of the moment. Okay. We also mentioned oil, the oil price movie because of OPEC and also concerns around escalation with Iran intentions in the Middle East. What is that mean for oil stocks? Yeah. And we're seeing a pretty green opened for us this morning with are not as much as may have been expected actually rose quite a bit. I mean Brennan this morning was hovering around seventy three dollars as you say it was many due to the OPEC signaling they're going to continue production cuts. And of course, escalation with, with Iran, but Steve looking at the, the sector this morning, it's up not up as much as I would anti-state some of the larger role. Stocks total shell for example, only by around half percent or just over. What about FOX? Stay say London housing market. It's very challenging the right. Move report came out with a similar downbeat forecast. Run me through exactly some of the other highlights. Yes, we're still waiting for an opening. Rush on since this morning, or they should be noted they have fallen a lot in the last twelve months. Yeah. So the likelihood that they're going to fall, an enormous amounts morning, maybe capped by that a little bit. Yes. It folks the saying that the London property market, remains very, very challenging the right move, reporters wells, also pretty bad. Is it follows another report last week that London property prices are falling very, very heavily? Basically, if you own a property in London right now. It's not not a great time via. Yeah, exactly what we'll see as far as folks still waiting as a safer, nineteen price on. Okay. Chris, thank you so much, unsaid, Bloomberg stocks editor for joining us with what stocks to watch just looking at the, the US six hundred as she the oil and gas sector is the biggest gainer as Sam was mentioning. We haven't seen that much of an impact, but it is the biggest gain out four tenths of one percent this morning. Let's get into some of the top stories we're watching carefully US corporations than some high level US corporations have frozen to supply of. Critical software components Hawas complying with the Trump administration's crackdown on China's largest company. We're being told a chipmakers like Intel Qualcomm and silence and broad comes well will not service while until further notice at Google is also ready to suspend some business is we have more from Bloomberg's Doug krizner. We're told Google will stop those relationships dealing with a transfer of non-public hardware software and technical services..

us London Bloomberg Europe OPEC Iran China Asia Yousef Ryanair Asia Shanghai Google Jeddah FOX London studio BT
"london studio" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

10:48 min | 3 years ago

"london studio" Discussed on Bloomberg Radio New York

"To the trade tensions between the US and China. So one of my colleagues on the markets live blog something this opposite soggy end to a topsy-turvy week, which seems. Put things pretty well. What we saw overnight, which was weighing on the Chinese equity markets, as well as lots of talk in Chinese states. The state friendly nedia about how China didn't have any plans to restart talks around trade with the United States, and that certainly was distracting investors from what had been a fairly strong session in the US yesterday up for a third day on US equities. Let's check some other assets for you. So the oil price is resilient as I say Brent up three tenths of one percent WTI up around half percent, sixty three seventeen yield on the US ten years still below two point four percent. So two point three nine is where we trade. The dollar is fairly flat. We see a little more uptight for the yen this morning by one tenth of a percent against the US dollar one nine at seventy two the pound retreats another tenth of a percent, slowly slowly, we retreat on the pound against the US dollar over the past week two weeks or so one twenty-seven is where we trade on the cable rate, and the Australian dollars been led around by conversations about what the Wheeler won't do with the Chinese currency. But we'll see. The currently fairly flat after after jumping around a bit a little bit earlier on in the session. So that's a quick look at where we are on the data and let's get to our guest this morning. Joining me here in the London studio. But Parker investment committee member at quilt vast above really good to speak to you. He we've just been talking on Bloomberg TV now here on radio. Great, you're with us. And I'll start where we started our TV conversation and that is around the currency because you telling me that this move towards seven seat. This is the Chinese currency to the dollar these move towards seven. We were discussing how much that matters. It doesn't matter. Is this just a symbolic number seven, or does it have a real bearing on the amounts of outflows? We see from the Chinese market, if we see the weakening of the currency below seven seven is purely symbolic number we've come to weeks ago. The Chinese remember was trading at around six point seven to the US dollar with all the problems in the trade conflict that we've seen in the last ten days between the US and China. PBOC have allowed the Chinese remember to neutral depreciate towards seven the moment, we're trading, plus or minus six point nine, I think it was quite interesting. She's a cool to forward indicators relationship between trading in Hong Kong. See an Asian trading onshore in China Sea and why. And when C H is at a discount, which it currently is to see and why that implies that the market expects further Chinese remember weakness, and that certainly is the trend for the moment, the key dates, I think, to watch the g twenty meeting when Trump is expected to meet president, gee, after the Ozark and meeting if America goes ahead with this twenty five percent tariff on an additional three hundred billion of Chinese exports to America. Then I think inevitably you going to see further remember, weakness, so date wise, we look ahead to that G twenty the sticking point. The Chinese have reiterated the sticking points in the trade compensation as far as that can said there were three of them tariffs. The removal of them. Achievable purchase plans and a balanced agreement tax. That's what the Chinese talk about when it comes to doing some kind of deal. Do you see some sort of deal being struck than before we get to the twenty the answer is yes? But it comes with a big caveat. I think that's going to be a rather unsatisfactory interim deal. I think what it means is probably that America does not go ahead with this twenty five percent tariff on the additional three hundred billion if they did that, by the way, that would imply twenty five percent tariffs on all Chinese exports to America. And I think that would have a quite significant hit to both the Chinese and the American economy. And I didn't think President Trump actually wants that. So I think the will be some Bank tracking on that. I think so therefore, three hundred billion I think no tariffs, but will the existing tariffs be rolled back. I think they're going to be put on hold for the moment. And I think they're. Will be a quasar agreement. So I didn't think the Chinese, again, to get all those conditions. We you've just read out. I didn't think they're going to be fulfilled. And they'll probably agree to have further negotiations in the second half of the let me just ask about, so way for safety, then in amongst all of these trade tensions, because we have seen the, the, the wall of worry lifting demand for treasuries, of course. And for Boone's seems even demand. Full fixed income at preview of I'm just seeing red headline across the Bloomberg says that the Spanish, ten year bond yield is fooled into a record low as point eight six one percent suggesting for more high prices for for Spanish for Spanish bonds. Do you hide out in treasuries? You hide after and burns in fixed income, where do you hide? We'll hiding out in the boon market is actually quite a challenge of the moon tenure Boone deals at around a minus ten basis points. Likewise, the one safe haven overseas, Swiss bond market, where ten year yields significantly. Into negative territory. So I think point number one is the number of bond markets with negative yields has increased significantly and overseas. Very difficult to put forward, the investment case for markets with negative yields one point just one Europe. I would highlight is that we have seen capital, flows into markets like Spain, as you mentioned, also Portugal, and also some movement back into the Greek baumbach it one market, which has actually lagged and is under pressure. And I think we have to watch after the European elections, is the Italian market, and tenure Italy is currently trading at around. So two point six five two point seven percent. So it has not participated in the rally, and I think we're going to have some very difficult negotiations between Brussels and Rome after the election earlier on this week, we saw some of these Salvini Coleman separately. Prime minister, of course, leading spikes higher in yields. Let me ask you about politics, and where it meets economics in the U K context because, of course, there's a lot of Brexit news, flow, or other that hasn't been an awful lot. But there's been a lot recently about the, the Tory labor talks in the fact that they need to be guessing anywhere. The pound is sluggish leaving moving lower one twenty seven eighty one is where we trade right now. But you point to some resilience in some of the data released the services, PM I picking up just a little back over fifty. Yes. Now what we saw back in February and March. I was he was a lot of volatility in the export data. There was a surgeon exports, I think, because people wanted to front load exports because of concerns about Brexit. Consumer spending has been very resilient the hitch to the service sector, which is absolutely critical to the UK communist service sector, got hit quite hard in February March that has now recovered, and I think that probably will continue to be the case. So I think overall if you look at the data, it is volatile in the UK is distorted by uncertainties over Briggs it, but it is consistent with an economy, which is currently growing at about one point three one point four percent. So I would be surprised if the UK economy, decelerating further. But I think whistle stuck in that run unsatisfactory zone of one point three one point four percent, growth and just briefly. But we have seen this gentle down with drifting, the pound in recent couple of the recent couple of weeks to expect that to continue Brexit, dependent. I guess I thought it was very interesting yesterday that the pound got hit when Boris Johnson announced he was going to stand as a candidate for the conservative party and therefore as prime minister. In terms of where we go from here. I would argue at current levels, a lot of negative news and a high probability of the UK crashing out of the EU is discounted in sterling. So I think actually the downside risks are quite low, if we do get progress towards either a deal or a further delay, which is my central case further delay beyond beyond the end of October. Then I actually think the pound could recover from these rather low levels. Okay. Well, thank you very much. Thanks for coming to visit us here at Bloomberg London studio poker investment committee member at quilt vest. Let's get an update on global news. His legs onto good morning, Ana. President Trump is reportedly wary of drawing the US into war with Iran. It comes as the Pentagon is expected to release information that supports his warning of a growing threat from Tehran. Being Bob moon reports the evidence is said to include images of two traditional sailing vessels carrying what analysts believe a cruise missiles, designed to attack land target slow moving. Boats that could easily be disguised among vessels, that transit, the Persian Gulf in routine commerce, one person familiar with the intelligence says, there's some skepticism about it significance as to the US has headed for war with around the president told reporters, I hope not Bob moon, Bloomberg daybreak Europe. Meanwhile, Italian Deputy Prime minister, Matteo, Salvini, says Trump is the cure that will fix his country complex. John Lennon said Salvini is gearing up for the elections. The league chief is projecting himself as Donald Trump in the European campaign Salvini wants to copy, the US president on tax cuts and reject European Union budget rules markets are nervous in Rhode on Bloomberg daybreak Europe. The latest polls ahead of Saturday's vote in Australia's putting the label position marginally ahead of the liberal national coalition. That means Labour's Bill shorten is set to replace prime minister Scott Morrison, this case for change. We say proudly to all the straightens end, the chaos vote, live vote for real change. But Morrison is hoping that recent economic data will give him a last minute boost the choice between a government that knows how to manage money or Bill, shorten and lighter and South Africa's biggest labor union is calling for president sill Ramaphosa to cut the size of his cabinet to twenty six. Bloomberg's Mike Cohen reports. The federation was instrumental in helping the puzzle win control of the ruling party late twenty seventeen that should give it some sway of who gets appointed the Kevin, it current steady four ministers include several with tainted, reputations who I appointed by room opposes predescessor. Jacob zuma. In Cape Town, Mike Cohen, Bloomberg daybreak Europe. Global news twenty four hours a day on air net. Take Toko, Twitter by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries. I'm Sandra Kilhof. This is Bloomberg. Thanks very much. Now, get let's get your morning sports news. His liam. Excellent England manager gar slice. Get says he will give captain hurricane every opportunity to previous fitness for the nation's league. The striker hasn't played since being. Curried off in the first leg of Tottenham Champions League quarter-final.

United States President Trump Bloomberg Prime minister Europe China UK America Brexit president EU Bloomberg London Bob moon Mike Cohen PBOC Hong Kong hurricane London studio
"london studio" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

08:52 min | 3 years ago

"london studio" Discussed on Bloomberg Radio New York

"Week for central Bank decisions. Read headline on the Bloomberg that Malaysia has cut its rate to three percent as seen by fourteen of twenty three in the survey. Of course, just said in the headlines at the stayed on hold of course about half. Economists thought we could see a rate cut. That's given the left were up six tenths percent seventy thousand five best-performing g ten currency. The tenure yield has also been rising. But more broadly dominating the equity markets are the headlines that we've been getting on trade. So since we heard that yo- her will be heading to Washington, we have seen the futures markets in Europe come off the lows from earlier the equity market, the cash market is opening up about right now. So let's take a check on that. We're down a tenth of a percent. So we are in the red. But not as much as we were. Yeah. Yesterday when we close lower by nine tenths of a percent yesterday. We saw carmakers oil and gas companies and tech underperforming today. It's banks food and beverages and the makers again underperforming to the downside. But you are seeing some industry groups in the green whereas yesterday, it was a sea of red in terms of the regional equity benchmarks Footsie-100, of course, opening up after the Bank holiday yesterday down six tenths of a percent. So we are seeing a little bit more of red on the Footsie-100 screen paying a little bit of catch up. Perhaps the euro stocks fifty is flat. The CAC forty is also opening flat in terms of the ibex and the footsie MIB they're actually in the green up some two and three tenths of a percent respectively. Still waiting for an opening price on the Dax. But meanwhile, yesterday, we saw US stocks not show quite the carnage that we saw in Asia, we closed lower by five tenths percent on the s&p five hundred's of that was after the headlines that a Chinese delegation would be heading to Washington futures are on the back foot as and be five hundred Emmys down two tenths of a percent. Nasdaq futures Dow futures lower again, but also coming off those lows from earlier there's a question as well. Whether the self we've seen in global markets has taken some of the froth out, and it's just going to Bolden the bulls from here, our market's still pricing good outcome on trade by the end of this week or in the near future turn into the ten year. Treasury yield we dropped six basis points yesterday. We're up two basis points now to forty nine handle the ten year Boone deal moves higher by basis points. So you are seeing a little bit of risk on broadly cross assets in these markets the ten year gilt yield go down by two basis points again playing catch up after the UK Bank holiday in terms of Dalian. We're pretty much unchanged. We saw some yen strength in yesterday's session at earlier overnight in Asia, but we're flat. Now, one ten spots seventy two just to give you a check on commodity markets to you. Of course, the London Metal Exchange coming back. Online enemy. Copper is a potential percent oil sort of pretty much flat WTI unchanged. Sixty two spot thirty. Brent crude trains trades at seventy one fourteen off by. One tenth of a percent. We did see oil move lower yesterday. But it sort of shaky off the tariff woes also the US sending warships to the Middle East playing a little bit into the dynamics of that market as well. So those markets let's get to the stocks to watch now and salmon stood is with us in the London studio. Sam great to have you with us, we headlined BMW just take us through the detail because this is one of the top corporate stories this morning, it isn't and this story with enormous number of moving parts. So so yes, as you mentioned this morning, they took a new legal provisions this morning that is a very big reason as to why their profit has has fallen this. But there are a whole host of other reasons and most of them we talked about I didn't talk about him because he was a lovely holiday yesterday. But across Europe, it would have been taught about a lot. The terms pressures are still hitting them power one thing to know here. So the shares have opened lower as you probably expect from that kind of drop in profit, but they are still sticking to the things are going to get better as the it goes on new models coming out, they think that the. Those are going to do. Well, so their outlook has been maintained. So we'll see how things progress for the BMW BMW lower by one percent. The Dax meanwhile, we've got the opening prices up some one tenth of a percent. Let's talk about AB inbev as well earnings missing estimates. But we also got an update on the Asian IPO plan year, and then that will probably be relatively welcoming shares of opened about one point one point eight percent lower at the moment. The numbers are not fantastic this very mixed. An he's growth sunny missed expectations. But on the top line organic sales were actually head of expectations. So that seems to be taking the Asian IPO is very very big concern with ABM Bev his dad, you know, they took an enormous amount of debt to SAP Miller. And this is one once cut down the IPO in Asia looks like it's going to do that. So pretty well taken. But again, this is another story with a lot of moving parts of moving parts as well in the Henkel story. At least today, we're certainly seeing the shares open Lois. Oh, hang cold down. Two point three percent right now. What's bothering investors? Yes. This is the German company that makes Persil Loctite glue. Well, but they are facing twos. Civic issues in their home care and beauty care divisions. Higher raw material prices. They're facing issues over price war in Europe. So that's hitting margins in those divisions. And they are in the midst of the moment of trying to fix us. They laid are planning. January. It was not very well received. And actually today it looks like there is enough being very well received either that down two point three percent. But as as as mentioned trade is no the consent for puzzle Henkel has also been co-opting the noise around the trade tariffs. Let's talk about just one more stock as well. By the way, salmon, Steve thank you so much for joining us on Bloomberg stocks editor silenced in our London studio. A red headline that sell NEC's shares arising four point two percent in Madrid. So basically what we've heard is that earlier this morning is that cell next to pay about two point seven billion euros for three tower deals. It's grieved at three billion dollars of tower deals with billionaire Neil. And it seems that the stock is rising on that news. It is one of the best performers on the stock. Six hundred. In fact, this morning up four point five percent right now. Those are your top stock stories that's move onto our top stories now. Chinese vice premier Johar will be in Washington on Thursday for trade talks. According to China's ministry of commerce this despite the. Saying plans to raise tariffs on Chinese goods to twenty five percent on Friday. Tom MacKenzie is Bloomberg's China correspondent joins us response to the threat of additional US tariffs is now firmly in focus officials here may feel compelled to retaliate if the US ramps up duties on Chinese goods as threatened a scuppered trade deal could also prompt a more aggressive policy response. China's central Bank announced targeted to reserve ratios for some banks on Monday, Bloomberg economics expects additional stimulus if a trade deal falls apart in Beijing, Tom MacKenzie, Bloomberg daybreak Europe. And on that. Of course, we saw the UN recoup its losses trading unchanged on the on shore at six seventy six sixty two. We also saw Chinese equities jump a little bit more than they had been earlier in the session. Now, the Federal Reserve is stepping up its warning about corporate debt saying the market expanded twenty percent last year, and that lending standards are continuing to slide the central banks biannual. Financial stability reports says businesses with the biggest existing debt also the ones taking on the riskiest loans. It also adds that protections that lenders include in case borrowers default are continuing to erode rates. Don't need to be lowered. Meanwhile, but we can flation narrates a close eye. That's according to Dallas fed President Robert Kaplan, he says overall price pressures will remain muted and tweaks to monetary policy won't impact that I don't have a bias toward the next move being up or down for the moment. I think we're in the right place. I think we're in the neighborhood of neutral. And so I'm going to keep an open mind and watching how the economy unfolds before making a judgment either way. Caplan also told him back. The fed needs to be mindful of debt when rates are so low tone into the UK the government is due to hold a crunch meeting with the main opposition labor party today. Bloomberg's Tim Roth says it's the final attempt to hammer out a joint plan for Brexit. Prime Minister Theresa May's, preparing to Germany Kuban, a temporary customs arrangement with the but it's not clear if not will be enough to win the full support of the neighbor leader, if it's not the two sides will then joy to agree on a range of options to be put to the test in a set of votes in parliament in tim'rous, Bloomberg daybreak Europe. And in corporate news Anadarko board is backing a sweetened takeover deal from dental leaving Chevron with four days to boost its own offer or walk away with a billion dollars breakup fee Occidental had raise the cash portion of its author eliminated the need for a shareholder vote and pledged to pay the break-up fee on an dockers behalf. It's also lined up near nine billion dollar deal to sell an. Doc, African oil and gas fields to total. Those your top stories now for the latest in global news. Let's turn to Lianne.

Bloomberg Europe US Asia China BMW Federal Reserve Washington UK London studio Tom MacKenzie AB inbev Malaysia Middle East Dalian Anadarko Bolden
"london studio" Discussed on WAFS Biz 1190

WAFS Biz 1190

03:25 min | 3 years ago

"london studio" Discussed on WAFS Biz 1190

"Need in one. It's a. The extent on buses and this point that both the benchmark indices trending allure by little of a quarter percent. We're seeing same weakness in the nifty banking mix as well. Even though we've seen some recovery from the private sector space considering the shops that he saw last Tuesday as far as peace concern, again Nause flattish on sixteen nine point five seven the reason behind the weakness in Indian markets today is the Indian automotive sector, which is what come up with volumes for the month of April weakness to out the sector and something via expecting to continue in the month of me and June. Aspen analysts, and that is something which is being down on the indices, which is why we are seeing you this point in time. I thank you very much Janette. We'll see throughout the morning, ladies and gentlemen, let's get into the first one headlines Libya. Highs is with me from London studio. Thanks menace. US attorney general William boss says he wouldn't show up for scheduled hearing on Thursday about special counsel minutes. Russia investigation on Wednesday ball defended his report following Democrats accusations. He missed said congress Everett's findings House Judiciary chairman Jerry Nadler, accused of blackmail and said he may issue subpoenas him to ten. Good-faith negotiations. Don't in compliance in the next day or two next step is seeking content citation against the thirty general committee with convenient nine o'clock. Tomorrow morning is present I hope and expect any general think overnight in the be there. The United States is ramping up pressure on Venezuela. Saying military intervention is possible. If there is no peaceful transition of government protests against Madeira regime, all continuing although an appeal by position on guy. Do the job on Madeira seems to have failed. The Trump administration is also warning Russia and Cuba to stop assisting Madera. I'm wound of possible. Sanctions if they do. Passed all the parties involved not to engage in that kind of activity. We'd prefer a peaceful transition of government there where mature leaves at a new election his health, but the president has made clear in the event that there comes a moment, and we'll all have to make decisions about when that moment is and the president will ultimately have to make that decision. He's prepared to do that. If that's what's required. Defense Secretary has been fired for the Niko private discussions about qualities role in Britain. Come Williamson denies any politics from national Security Council meeting guts, Prime Minister, Theresa may said he did that the same standards as the cabinet members. She added that no other credible version of events to explain the Cosby dense fight we can eat funded Julian Assange has been sentenced in London too many a year in jail skipping bail every sweetest investigation into an alleged while altern veil in that case Assan Chad sold sign up in the Ecuadorian embassy on state best is two thousand twelve is on just still facing extradition to the US charges. He conspired to illegally download classified government material. They will news twenty four hours a day on talk on Twitter. Twenty seven hundred journalists and in one hundred twenty countries, I'm going to be a house. This is menace. Lydia. Thanks for the round.

William boss Jerry Nadler Russia United States Nause flattish Janette Assan Chad president Libya Twitter Theresa Aspen London studio Williamson US attorney Venezuela Lydia Julian Assange special counsel
"london studio" Discussed on WAFS Biz 1190

WAFS Biz 1190

05:46 min | 3 years ago

"london studio" Discussed on WAFS Biz 1190

"And we've actually just got Spain's out for services PM, I coming in better than expected at fifty six point eight also an increase from the prior reading the composite PM I in Spain coming in at fifty five point four better-than-expected an increase from a prior eating. That's your Bloomberg business last. She is lower right with more on what's going on around the world. Thanks snare Brunei strict Islamic laws allowing death by stoning for adultery and gay sex. Come into force today following widespread criticism politicians in Europe, and the US attacked the changes described by some as a pooling and immoral. Venezuelan makers loyal to President Nicolas Maduro have stripped opposition leader, one Guido of his parliamentary immunity it paves the way for Guido to be prosecuted and potentially arrested for supposedly violating the constitution. When he declared himself interim president in January and a gauge of Mexican avocado prices is surging the most in almost a decade. That's as his way the latest rhetoric from President Trump. He has threatened to close the border with Mexico. The biggest supplier of the fruit Mexican avocados make up seventy five to eighty percent of US consumption, global news twenty four hours a day on and take talk on Twitter, powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries. I'm you're right. This is Bloomberg Nara, Laura. I was wondering when the avocados we're gonna come up. That's one of the most read stories on the Bloomberg over the past eight hours and speaking of millennials we've got one joining me also millennial in the studio right now is European Bassedas Gaba. In Brussels today, the E was hoping. To kickstart trade conversations with the US the goal keep the threat of auto tariffs at bay. But the talks are said to face delays with FRANZ resisting unless the US backs the climate accord, what could failed negotiations mean for the European auto industry. Let's bring in millennial and avocado each bags Donny Berger. She's with me in the London studio. Danny great to have you with us. What's the latest status of auto tariff negotiations between EU governments and the US? Well, it's really hard for me not to talk about avocados now, but this is much more important than rising avocado prices. So so essentially, we have this sort of strange state of affairs, where tariffs possible terrorists. I should say on European exports to the EU have been delayed. It was about a sixty day. Delay after Trump reaching an accord in July. So that keeps getting pushed back so a lot of parties at stake. Here do want to continue to delay these talks as long as they're delayed. We're not going to have more tariffs. But in the same light Francis said as you said near that, they're not willing to reach an accord with anyone who doesn't honor the Paris climate accord, so that seems to be one of the big sticking points here. So it's not even just that the US, and you can't agree within the U there appears to be some descent as well with the effects of auto tariffs, mostly impact, Germany. Yes. Certainly I mean, Germany is definitely what we think of when we think of what would who would auto tariffs hurt. Of course. I mean they export so many cars, it makes sense. But the interesting thing is where else in Europe, you feel this pain because there are some more surprising. Economies that would feel the impact sort of hitting the top list of who feels the pain are, Hungary, Slovakia and Finland which really don't think of when you think auto exports, but it's mostly because you have German manufacturers, Volkswagen, Volkswagen Audi diner, they have manufacturing plants in these countries, which then sell to the US. So this is a big chunk of their economy as well. And they honestly in relative terms would feel the effect of any auto tariffs more than Germany. Oh, that's interesting. And what does it mean? Then for the economy at this point in the cycle because the natural transition we make is oh Germany's going to get hurt. The PM is have already been suffering and not then going to continue is it that straightforward to a large part. It is just because we as you just broke the Spain lines were getting composite services pm is coming out. But those manufacturing PM is. I mean, they were just really grim for jer. Germany Germany's car industry is already facing a really tough environment in has tighter mission rules weaker demands an injectable the euro area manufacturing. It's string at the fastest pace in six years. If you add auto tariffs into that makes me it's really difficult to see how this wouldn't have a huge effect on an already weakening economy. Yeah. And Danny, you know, we've been talking US and EU trade. But of course, the risk rally seeing markets today seems to be investors seizing on the reports of the US and China have ironed out most of their differences in trade negotiations. I hear two sides to this. You know, some commentary on the Bloomberg saying investors are seizing on any opportunity to add to this risk rally. Inequities on the other side. For example, you have a note from Barkley say the pain trade is higher because actually markets aren't position for good news. Yeah. I mean, I would tend to go to the ladder. I mean, of course, at the end of the day who really knows. But it seems like I'm honestly, I'm surprised every. Time the market moves off of a head trade trade headline, and I shouldn't be because it always does. But just because they're so back and forth so much back and forth. It's hard to see how there can be anything definitive said at this point. But as Barclays noted positioning really low right now. So it's a good chance to get in. And look to be fair. It's not only inequities because not ten year. Treasury yield also up four basis points on a two fifty two approaching two fifty two handled right now. Meanwhile, twenty four minutes into the session, the stop six hundred up seven tenths of a percent. Donny Berger great to have you with us in the studio. Thank you so much up next. We're gonna talk Brexit. This is Bloomberg..

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"london studio" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:28 min | 3 years ago

"london studio" Discussed on Bloomberg Radio New York

"Liberty Media governing body the FAA will present teams with that proposed rule changes for the twenty twenty one season. Thank you very much for. Let's get into a conversation around what is happening in global markets with James nightly. He's the chief international economist at I n g. From London studio. Welcome back to the program. James, let's start off with this dramatic shifted sentiment. I did it. Downside late Friday off concerns that the yield curve inversion is sending this recessionary signal. And now that fading a little bit into the background. Where do you stand on on this spectrum? Yeah. It's interesting. Emmy, we've had a bit of a week of run on European data combined with that shift in the language from the Federal Reserve signaling that they will be very patient. Indeed, taking a full rate hikes for this year and stickling just one for next year. So the sort of taking that as a signal that we are moving in the direction that the of policy easing at some points. Now, as you say the market's been swinging around a little bit in terms of their sentiments was there for us. We still are of the view that the enzyme ferment fundamental. So the us economy, very, very good. The jobs market is strong pays rising. Consumer confidence is close to cycle highs. And we've also seen a bit of a turn in some of the US numbers retail sales looking a little bit better goods looking a little bit better. So I think there's perhaps been the markets went a little bit too pessimistic Kurt last week. And of course, also if we can get some better news on the global trade environments, if the US and China can come up with a deal and also the EU and the US. You can come up with a deal that will lift a huge amount of the glean that's currently sort of lingering over the global economy. And I still think choice that we should be looking for decent activity backdrop this year. We got to remember that the fed barely cut its growth forecast for this year and didn't change its inflation. Focus is year. Yes. They've had this dramatic reassessments of the alad from policy James the folks at capital markets. Make the point that yields have decoupled from growth in a very material way. They're wildly out of balance with nominal economic growth of about five. What does that mean for yields? I mean, how do they catch up? They go from here. There is of course, he Odell alternative hypothesis that actually the economy follows yields, and that is something that we've seen in the past inversely DO care has been a great indicator of recession in the past in the last nine recession since nineteen fifty five prompted by an inverted yield curve. Now, I guess where we would perhaps see the light most likely path attack developing is through the financial system if banks find it more challenging to lend because of course, he's much less profitable in inverted yield curve scenario where you're paying out more interested in your receiving on your assets that could ca- tell Bank lending and tighten credit conditions, sending dating Bank lending models. What we see is. When we get an inverted yield curve that starts to flash a warning sign of an impending deterioration in the existing loan portfolio of a Bank. So that is one way where you could actually sitting video Kevin Lowe bond deals that she translated into. A more negative economic environment. So that's something. I think we need to watch so far this prayed little evidence of fair banks. Pulling back on credit availability. But as I say, I think that is one possible race.

James US FAA London studio Kevin Lowe Federal Reserve Kurt Emmy EU Odell China
"london studio" Discussed on WAFS Biz 1190

WAFS Biz 1190

06:35 min | 3 years ago

"london studio" Discussed on WAFS Biz 1190

"Bloombergradio radio. Be officials ready. I want to mention commodities before we get onto the stocks to watch segment we all seeing all prices said heading for weekly gains, but they're softening somewhat today alongside other risk assets. WTI at fifty six dollars and three cents. That's down by one point one percent. We get onto stocks just want to say dollar taking a pool is a little softer after seven days of gains and weaker against the yen. But let's get onto the stocks to watch. Bloomberg's European stocks reporter Cassani show with us in the London studio. Cassini a great to have you with us. So berry agreeing to buy our for seven hundred ninety three Pence per share in cash talk us through the story. Hi there. Yes. That's a big story today. RPC's actually reacting negatively down one point two percent. It is an interesting deal because berries offer basically beat savvy offered that the major private equity firm Apollo had made right and shareholders might potentially like it better. But for some reason are down this morning, but densely because of the conflict that this is creating that shareholders will have to. Choose between two firms in the takeover externally sixties comparable sales declines in the first part of twenty nineteen. Well, that's an interesting one too because the stock is actually rising really well this morning. It's up three point one percent. So despite the company warning about comparable sales declines at the same time, it did meets adjusted pre-tax profit expectations for last year. So perhaps that's encouraging optimism and finally Kazan. Yeah. You're looking at Deutsche Bank and Commerzbank. Resuming merger talks. According to reports. Of course, this is speculation around this for a long time. What have we heard today? Correct. So that's an old story. It's been going on for at least a year. Now, we're hearing that say yes said the two banks are intensifying their merger talks the pressure from the German government to make this merger happened potentially. Right. This is a very complicated story. Both banks are suffering from declining stock prices and lacklustre trading conditions. So this will not be easy merger. Thank you so much because then you can do with us in our London studio with the stocks to watch. All right when it comes to our top stories this morning. We're going to start with a fresh states that we've received out of China. Overnight exports fell in February and imports also weakens at due to the Chinese New Year shut down on the trade war. Bloomberg's Bryan cuts is reports. Now from Hong Kong exports fell a staggering twenty point seven percent while imports dropped five point two percent. Economists had forecast both would shrink but far less February was an uncertain period for Chinese exporters. In addition to the holiday shutdown trade negotiation simmered ahead of a March first deadline for additional tariffs. If we take January and February together China's trade surplus with the United States widened to forty three point one billion dollars up three point nine percent from a year ago. Now, China's trade picture with the US and Europe is unclear with tariffs the main barrier with the former and a much weaker economy. In the latter Kong. I'm Bryan Curtis. Bloomberg daybreak Europe. Meanwhile, at a press conference of the National People's Congress today in Beijing Chinese Foreign Minister, he called the case against way, political and urged the US to retract it. Zero-sum approach with China. All right. Meanwhile, let's speaking to Bloomberg the US ambassador to China, Terry. Branstad blasted China strategy and responding to concerns about way technologies. This lawsuit is a brand new deal. But so I don't know the details on that. But it just seems kind of our. Bronze said that the law seat sounds like retaliation Civetta China's jailing of two Canadians shortly after waste chief financial officer was arrested in Vancouver back in December. The disputes has further dented ties between the US and China, even as the two countries get closer to ending a months-long trade war. Speaking of trade. The European Union is urging the Trump administration to stop imposing tariffs on the block. If he wants a partner in his fight against China. The president has repeatedly threatened to hit you've equals with tariffs of as much as twenty five percent trade Commissioner Cecilia Malmstrom says if the US does impose tariffs that you would have to retaliate if that were to happen. And I really hope that I will not be the case we will have to impose rebalancing measures. And then our relationship on other areas would be very difficult. That was E trade Commissioner Cecilia Malmstrom speaking exclusively to Bloomberg. Now, the outcome of next week's Brexit vote is in the European Union's Hance about his water Prime Minister Theresa may is set to say today as she tries to make progress toward a deal. Bloomberg understands the EU has made a new offer in its bid to break the impasse. But it falls short of what Britain wants may still hopes to get legally binding changes ahead of next week's vote. She will be speaking in Grimsby today. Apparently looking ahead in the US today. The government issues the monthly employment report economists surveyed by Bloomberg are projecting job growth. Moderated in February after topping three hundred thousand a month earlier the median forecast a gain of one hundred and eighty thousand and an unemployment rate back below four percent. Bloomberg's Vinny Del Giudice reports in January the US employment data surprise showing a gain of three hundred four thousand jobs, the most and eleven months, but the unemployment rate edged tires more people. Started looking for work lumbergh economics. Cs monthly payroll growth running near two hundred thousand through the first half of the year. Wages are also poised with salaries businesses struggled to fill slots job openings across the US are running at a record seven point three million beneath del Giudice, Bloomberg daybreak Europe. Also later today. Oil executives will be watching closely when Norway finally decides whether to let its one trillion dollar, several sovereign wealth fund, dump all of its oil and gas stocks. Bloomberg's Michael Holtz reports. Now from also the point of the proposal is to reduce the Nordic countries exposure to commodity prices since it's already western Europe's biggest petroleum producer climate activists have hailed it as a potential big step for the divestment movement. But it remains to be seen if Norway's conservative led government will go for it. And also Michael Holter, Bloomberg daybreak Europe. Those your top stories for the latest in global news. Here's Bloomberg's leeann guarantee..

Bloomberg China United States Europe Cecilia Malmstrom European Union London studio Bryan Curtis WTI Norway Commissioner Cassani berry reporter Kazan German government Civetta China
"london studio" Discussed on WAFS Biz 1190

WAFS Biz 1190

08:50 min | 3 years ago

"london studio" Discussed on WAFS Biz 1190

"The disputed region hunts intentions with neighbour Pakistan. Today's incident comes days after a deadly attack that killed forty soldiers last week. This was the worst terror attack on India since prime minister, Narendra moody came to power and pressure is now mounting on the act against Pakistan Japanese, Prime minister, Shinzo bay won't say whether he's nominated President Donald Trump for a Nobel peace plays the president made the claim on Friday all they did praise him for what he called decisive efforts to resolve the problem of a nuclear armed North Korea. And finally in Zimbabwe the government is reviewing mining legislation to improve safety standards in the industry. According to reports in the hell. Newspaper. This comes off to twenty four miners died when two gold a sheriff's collapsed. Dozens of mine is still missing global news twenty four hours a day on Aaron activity on Twitter, powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries. I'm young guarantee. This is Bloomberg markets back so much. Leeann let's turn to our guest this hour Kit Jukes sat down here in the London studio. He's global fixed income strategist at Societe Generale great savvy here kit as always I wanted to kick it off with a trade story today because we're seeing some trade optimism we've seen in Asian equities overnight. European equities happens not budging much this morning, but they are sort of holding onto the gains that we saw on Friday. What do you think the market is? Now, these are the what we've been receiving out of the US, China trade talks. I think the market is pretty much convinced that certainly the the end of this month will come by and go by without any imposition of further tariffs. So the plan tariff increases won't happen. And I think a degree of optimism that will get something better than that on the US China trade deal. I think there's a sense that President Trump wants to get a deal done, and I'm possibly as in the market that the certain amount of gamesmanship around this tends to detail. But everyone knows in the end something will get dumb than than the economic stakes are too high not too for both sides. So a failure to agree anything. I think would be received poorly from where we are now. Yeah. The question for me becomes what will be enough for the market. So I feel like actually the bar is quite low. And if we just don't get the imposition of more tariffs, and maybe an agreement to stop talking that'll be enough for scorn. Probably I mean, you know, the market may need a little bit more encouragement than that down the road. But he has a sense that. I think the market has a sense that policymakers have got its back. So if you look back at last week, and you know to reasonably high profile US economic data releases retail sales and manufacturing production kind of really coming in to support the idea. Yup. US economy really is slowing people and the Chinese economy is slowing. But then that's offset completely by optimism, the Chinese credit gross numbers that that suggests that running to the rescue look at the fed the rescue President Trump's gonna run to the rescue. Everybody's going to do things with policy to mean. Everything's alright. And I can go on doing what I liked to do bass, which is give me some yield or whatever the equivalent is in your market. And that that's so that's the markets mindset. I find that I find that alarming, but but clearly people want to pick up Gibson emerging markets, and so on and so forth, and you need to shake you need to feed that something on a regular basis. But you don't need to do much more than that. Where's your preferred place to find yield right now? Then. Right now, I'm I'm nervous about just piling full on to emerging. It's confessed that run it feels very early in an economic downturn to want that. But I'm not surprised that. Places like Australia, a popular most surprised the Chinese bond market, so popular either this point in time. I'm not surprised that in the foreign exchange market. You know, the yen the euro and the dollar are all underperforming anything. That's a little bit more interesting than than than all of those. I think that that's. Canada looks better than them. Norway looks better than them Sweden. Temporarily looks better than them in Australia looks better than them. And there will be the difficulty is is finding finding convincing enough stories for for for emerging markets outside of China points in time, but but as long as the Chinese keeping the currency stable not weakening. Certainly, you know that that'll that'll underpin all of the. A big Asian bond markets alongside the trade story. We're also talking about the strength of the euro area. Calling me this morning, and let me sort of do a line between these two stories with the markets. Live question that there is on the block today if the US designates auto imports a threat to national security or that tipping point for the to offer banks new long-term loans. I I think it's hard to know what exactly is the tipping point. But I thought it was quite likely that at some point they'll get dragged into finding ways of doing more to help system. I think the question you have to ask yourself is what can they do can help roses? And will they do whatever it takes if they can work out. What that is. I think I think so much that way round. And certainly, I think there's been a change actually be in terms of mindset. Within it where until ten days ago, perhaps there was a. A chorus of these are all one off temporary factors, and then at some point you get enough one of temporary factors or I get it. Enough temporary things become something pretty permanent and the economic outlook has changed and they're recognizing that. Yeah. And that brings me to an interesting comment that I read by two new over at Commerzbank. This morning actually, saying that the person. Moment of normalization conversation has now turned to a conversation about expansionary steps. Of course, tell tros being part of that as well has that happened for you. And does that mean, it's hard to build a bullish case for the euro? Yeah. I always thought that the normalization conversation about rates wasn't normalization conversation in the sense proper. So there was a normalization in terms of the end of bond buying that's a step towards normalization. You could talk about normalization sense of I would like to get rates back above zero to zero irrespective of whether the economy needs or warrants, tighter monetary policy. It's got nothing to do with that. It's ever these do we kind of just getting back to an even keel. So we've never got anywhere near the idea where we're talking about what a neutral rates in Europe. What's the what's the what's the term dot isn't a compensation? We've had. So I think you yes. Yes. From where we are. Now, it is this this thought that if the global economic cycle is turning down before the even manages to get rates back in the general direction of zero. What next is what's next that the Boone dealed drops into negative territory is rob a Bank saying will happen by year end. I mean, the the environment today doesn't feel as shockingly bad as it did on the day when they went negative in two thousand sixteen. So, you know, we're not we're not in the same place, quite but. Bundi immunity when you're at ten basis points negative territory over twenty basis points is just as far away the other way, and there's probably a consensus number that's the other side of seventy basis points. So we can we can keep on pushing treasury yields drag them down. I think they can get that. Are they going to remain really loud? In terms of the currency. The bund yield the year is not going to make significant gains until the Boondi old moves higher or unless it is low. And that that is part of it's part of it's problem against the dollar. Euro dollar is is at the lower end of long-term range looking rather unable to bat for what it's worth it. Correlates more closely with the BT people and spread them with the US Boone spread at this point in time. So if we can stop getting bad news in Italy, we can probably stay foremost as far as the I can see in this kind of one twelve one sixteen ranch. Just let me just ask you very very briefly hit towards the end about the minutes that will get later on this week anything. Particular that you're going to be watching out for in. These minutes was this little insurance policy temporary or was this perceived to be a change of direction. But the caveat is said we've had two we've had two bits of what I think are important economic data since then that say, wow. Yeah. The cycles turning people. So the the the the economy's going past that fed meeting Kit Jukes posing, the key market questions. So elegantly this morning. Thank you so much global fixed income strategist associated with us in the studio now coming up on a Edwards back on daybreak Europe. She'll be speaking to Erik Nielsen group chief economist at UniCredit stay with us for that. This is this is Matt Ray with America's First.

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"london studio" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:41 min | 3 years ago

"london studio" Discussed on Bloomberg Radio New York

"The data. We do that. Every fifteen minutes here on Bloomberg radio up by four tenths of one percent on the stock six hundred this morning. The Footsie-100 pacing those gains the CAC count up by six Amazon should acts up by three tenths. So we have a broadly positive session here in Europe making some medicine gains across European equity markets, the earning season very much in full swing credit Credit Suisse coming through with numbers and that stock down by two point three percents on the back of that global markets the loss bigger-than-expected there says the outlook for trade their trading business looks pretty cautious. So that's weighing on the stock. The Commerzbank numbers being taken as a positive thing by the Mark is up by two and a half percent. We had Schneider Electric giving numbers to the market earlier on as well. And that stock. Up by four point six percent today. Flag that they're going to do some asset sales DSM in the chemical space up by seven percents after their numbers. Nestle a heavyweight on the stock six hundred of course, up by three percents after they said, they're going to consider selling Hurter. This is their lunch meat business. And we got Airbus up by four point eight percent this morning. The end of an era of the three eighty and just sort of a comment from the CEO of Airbus saying that the Airbus A three hundred probably came a decade too late. We'll think about the the passing of our era in aviation. Well, we just check the oil price up by one percent this morning. Fifty four forty six is where we trade Matt Miller. Good morning. Good morning to you. And I'm here in Frankfurt as you said getting ready to go over and talk to the CFO of Commerce Bank. That'll be a particularly interesting interview for a few different reasons. First of which is that they're not going to meet a number of their targets. So they had previously planned to cut jobs down to thirty six thousand by. Next year. They're going to have more than thirty eight thousand headcount they previously planned six percent return on tangible equity by next year. They're not gonna be able to make that. And they say they're feeling less of a tailwind from the German economy than they had expected. So I'm gonna be asking what all that means. If it forces them closer to a merger with Deutsche Bank, which is of course, the main storyline that everyone's talking about in terms of these banks. Yes, indeed, Bank is automation. Certainly something. We've talked about many times, let's talk now to Ben Jones senior multi-asset strategist at State Street joins me here in the London studio. Good morning once again, TD, Ben very good to have you with us. So we only earning season. We've had a lot of numbers out of the banking sector. Is there anything that? You can see that would make you interested in the banking sector right now. The European equities achieve banks, maybe do look cheap. But that doesn't mean that you're going to want to buy them my surprise..

Deutsche Bank Airbus Bloomberg Commerzbank Schneider Electric Credit Suisse Nestle Amazon Europe Frankfurt DSM Ben Jones Matt Miller Commerce Bank CEO CFO London studio
"london studio" Discussed on WAFS Biz 1190

WAFS Biz 1190

07:01 min | 3 years ago

"london studio" Discussed on WAFS Biz 1190

"Needed. Let's say delve deeper into the stocks to watch this morning. Bloomberg stocks reported Joe eastern is here in the London studio. Good morning to you, Joe. So let's kick it off with Cutty off to the earnings that we got through a little bit earlier. Yeah. I mean, that's an interesting one this morning. I think most of the cools that we saw this morning, right? She negative stock. So he's been up about one point five percent say as you mentioned TM has been trying to call at trading division, which has been the white on the stock, whereas the wealth management division is done. Very well, actually, this Leser said stock gaining singing note from city saying that the costs better say, perhaps some that cost cutting has been taken well for Commerzbank. They're up five percent. So that was quite negative headlines in in terms of a record low in revenue about again in the same note from city they are saying that to lead the outlook is cautious is better than consensus from Commerzbank. So that stock his jumping as much as five percent. Yeah. And of course, both those banks as well did beat on the numbers, which might also be why we're seeing the stocks high particularly for Commerzbank. Let's talk about AstraZeneca full quarter. Call EPS beat the stock performance yet. So that's up from two point six percents of the main thing Zeneca is how they do in cancer say they making a big drive the growth, their investors are having to wait for any terms in terms of the long term long-term growth, but the key cancer drugs in that report they beat expectations. There was some negative sides with some of the diabetes drugs and also an asthma. They weren't too strong. But as I said investors, really looking at cancer to drive that company forward, and the cancer treatment seemed to be the strongest point in that earnings report, which is being received. And it's still is up almost three percent or that's Astra Zeneca. Let's also turn to the airline sector. This has delta the US easyjet's as well as well. Essentially what they're doing is. They're discussing a rescue. You of Alitalia together with Ferro via della start oh over in. Italy easyjet's is the share that's often trading. Any reaction? And just taking a look at EasyJet shares announcer that little change at the moment. You not too much of a reaction. Off-season interesting story as you mentioned this potential takeover of Alitalia. But you know, we're not actually one hundred percent sure. What kind of fee would be involved? We do know that Alitalia is burning quickly through a loan of around a billion dollars. So investors will be cautious on how much you could cost the company. The stock hasn't performed very well with the number of those those discount airlines they've fooling around twenty percent. Over the last twelve months Ryanair as well say potentially could be an interesting one. But if quite unclear how much money would be invoked, and as such the stock is little changed this morning. Yes. Thank you so much for being with us this morning, Joe eastern with the stocks to watch Bloomberg stocks reporter Joe east, and there are so many other stocks. We could talk about Nestle Reynaud Airbus. We can't give them all fair time. So we'll have to come back to them and get to our top stories turning to trade and President Trump is said to be considering pushing back the deadline for high tariffs by sixty days. He's already indicated his willingness for letting the March first date slip. If the two countries close to a deal being made, but Bloomberg's China. Correspondent Tom MacKenzie says there's also a note of caution you have more time for these negotiations than not is going to likely rampant pressure on Trump and his negotiating team to extract real concessions from the Chinese. And that's where China watchers say you get down to the real you can get some calls metric changes around things like intellectual property forced tech transfer. Where it comes to the state role in the economy that is a much harder thing for the Chinese to sign up to. Yes. And Thomas reinforcing that point that I've been making all morning because the other thing is well, of course, is the enforcement issue where they really going to get that in sixty days as well as solving those structural issues to give a true meaningful lifted Malkin's beyond just trading on the headlines we've seen and we've heard time and time again from the US saw that the endorsement issue is the toughest nut to crack. In these trade talks. Let's also on a sort of parallel not to the trade story. Let's also talked about the Japanese e commerce giant raccoon which has revealed itself shunning while way to build out its network over security concerns. Ceo Hiroshi Mikitani told Bloomberg he made the decision despite being cleared by the Japanese government to use the Chinese companies products. I kind of says the potential risk. Even if sick mom percent. I told myself not pick one percent risk that something may happen to. The Chinese to network to be used. Voiced by network. So I decided enough to us. Or is it the? While way is facing a growing global crackdown with western governments worried its equipment could be used to spy for Beijing. The US budget deficit ballooned to three hundred nineteen billion dollars in the first three months of the government's fiscal year a spending rose but revenue was flat. The shortfall grew by forty two percent in the December period compared with a year earlier, and is expected to keep growing that may stoke concern about America's national debt, which talked twenty two trillion dollars this week in UK politics. Theresa May faces a potential revolt from pro Brexit members of a conservative party in a vote later today. Bloomberg's Alex brawl says it comes as the prime minister wants more time to secure changes to Brexit deal. The problem is the motion. She's proposed Austin to support the approach approved on January the twenty nine by the house of Commons. Then lawmakers voted for me to seek binding changes to her Brexit deal. But also to reject or no deal departure, that's problematic the eurosceptics inter-party because many prefer no. Brexit to the agreement. She's reached members of the anti EU European research met with chief whip Julian Smith him Wednesday evening to insist that leaving the block without an agreement must remain in option. The meeting broke up without resolution meeting. Some conservatives may not vote with the government inland. Alex Maradas, Bloomberg daybreak Europe. Let's turn to one of our top corporate stories Airbus's pulling the plug on its slow selling eighty three eighty superjumbo after just twelve years in service. The European plane maker will cease deliveries of the double decker jet in twenty twenty one Emirates the only remaining major buyer cut its orderbook by thirty nine aircraft up to three thousand five hundred jobs will be impacted over the next three years, but the ramp up of other models could offset some of that we'll bring you an exclusive interview with the president of Airbus commercial aircraft at ten forty five. AM London time on Bloomberg TV and also worth noting. Of course that we did get numbers from Airbus today in the share seemed to be moving higher on that up four point seven percent. We'll bring you the full story later. In the hour about stocks among the top five performers of the stock six hundred this morning. Let's get some more headlines nam around.

Bloomberg Alitalia US Astra Zeneca Airbus Commerzbank Joe eastern cancer Nestle Reynaud Airbus Bloomberg TV Joe easyjet Zeneca President Trump Italy easyjet Cutty London studio China Ryanair diabetes
"london studio" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

06:18 min | 3 years ago

"london studio" Discussed on Bloomberg Radio New York

"Live on London, DNB radio USA. We've had six straight session. So that gains for European equities. We're starting to the downside though this morning. So we might not see this winning streak being continued today. The stock six hundred down by run about two tenths of one percent. As European equities all either the gates said the footsie one hundred down by about two quarter of a percentage point the CAC in Paris off by four tenths of one percents. We're still waiting for an opening figure out of the Dax in Frankfurt on a sector-by-sector break basis. We're seeing personal households banks is what has chemical stocks leading the way lower this morning banks, particularly important after we've heard from Pierpaolo bar. I n g nor Daya this morning. We'll talk more about that. In just a moment on the winning side of the things we are seeing construction on material that sector higher by about a third of one percent. We've also got some news from. Cr h in Arlen. So we'll talk about that as well. Looking at the handover. We didn't see a huge amount of movements to be honest over in the Asian equity space, some markets, of course, stale off mine due to the Chinese or lunar new year holiday on the headline level. We are seeing the Asia Pacific index little change perhaps gains coming through from the ASX two hundred and Sydney higher by about a third of one percent looking over into ethics this morning. We all see the Bloomberg dollar spot in the strengthening by about two tenths of one percent. We're seeing the euro on the back foot after some disappointing factory orders out of Germany sterling this morning is also telling somewhat on the backfoot at one spot twenty nine thirty eight not a huge lot of huge amount of movements. Though when it comes to the fixed income space the ten year treasury yield down declining by two basis points at two point six seven eight percent. We're also seeing European yields. Barbie teepee yields are somewhat on. The back foot the ten year beats bungee allow should say trading now at just under sixteen basis points. It's got more stocks to watch this morning. Bloomberg stocks reporter, Joe eastern joins us in our London studio. Yes. That's right size. You mentioned this a big day for the banking stocks. I starting with BNP they've cut their revenue and profit forecast. And also announced that they could cut around six hundred million years in costs say citing extreme market movements at the end of the year and also week client demand for structured products, though. Shared opening down around one point eight percent this morning, Iran. I g I n g in the Netherlands. It's a lot more positive. So they beat estimates reported improved cost to income ratios and follows a very bad year for the for the company last year when they were hit with anti money laundering finds that stock fell almost forty percent last year. But those shares are coming back up rising around four percent this morning. And finally, just looking at nor dare they had caught some extra port with quarterly pre-tax profit beating estimate, but netting Tump income for the quarter is falling slightly short and is taking a look at those shares. They are down around half a percent or at as if we got mixed bag this morning, nor sort of slightly lower. We're seeing BNP trading lower. And while I n g Hsieh's are rallying. Let's also talk a little bit about dying. Blur, shall we? Because we also got through earnings from the German automaker. Yes. I sit down learnings declined an old divisions. During two thousand eighteen except heavy trucks. The company said so profitability in the key Mercedes-Benz car unit narrator around simply ape sent from nine point four percent revealing these strains of investing in major technical technological shifts. And they're also battling those trade wars between the US and China, and as such those shares are down around one percent this morning. Story coming from CBS capital about a stake in CR h in Ireland. What's driving that particular move? Yeah. So that's an interesting when they quite a. They don't really disclose too much this hedge fund, but it's one of the biggest trends there are and those shares Rosen's wanting about four percent on that. So Reuters originally reporting that seven is now the second largest shareholder in Sierra. She's a big Irish construction company very important to the sector here. And it's this time of year when we think seven again to be disclosing their major major stakes looks like those shares getting a bit of a sentiment lift this morning. Yeah. Absolutely. And alongside that allow other construction and material construction materials stocks, thanks so much Joe eastern for talking through the stocks to watch this morning. Let's get into some of our top stories at a bit more detail starting with the state of the union and Donald Trump has called for a bipartisanship on his terms. The president offered Democrats nothing in exchange for their votes to build his border wall. While he well, while listen, we have a moral duty to create an immigration system that protects the lives and jobs of our citizens in the past most of the people in this room voted for a wall, but the proper wall never got built. I will get it built shortly after rising Democratic Party star. Stacey Abrams hit back saying Republicans have left a nation's middle class at thrift by abandoning the values of fairness and equality in Georgia and around the country people are striving for middle class where salary truly equals economic security. But instead family's hopes are being crushed by Republican leadership that ignores real life or just doesn't understand it. That was the Democrats former Georgia gubernatorial nominee Stacy Adams. Yeah. One of the rising stars. So to speak of the Democratic Party staying in the US. Robert Kaplan says that he's waiting on clarity about the US economic outlook before supporting further rate. Moves bought the Dallas fed president expects the picture might start to clear up in coming months. Kaplan will next be voting member in twenty twenty the FOMC pivoted at the last minute. Of course, last meeting, I should say, of course, declaring that it would be patient on deciding the right path..

US Bloomberg London Democratic Party Joe eastern president Georgia Robert Kaplan Pierpaolo bar Frankfurt Paris Democrats Asia Germany Mercedes-Benz ASX USA. Donald Trump Reuters
"london studio" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

03:19 min | 3 years ago

"london studio" Discussed on Bloomberg Radio New York

"Meanwhile, Chelsea boss mercy. Sorry spent a long time with his players in the changing room of the Bank thrash four million for a month to get answers to a number of questions. We'd have the fees does it team, but as individual players, and then we still failed. So. Trouble understand why elsewhere Tottenham came from behind to win two one against what fed at Wembley and Crystal Palace had Wilfred czar sent off towards the end of their one one zero at Southampton. Celtic a six points clear at the top of the Scottish premiership this morning. The champions were to when as I am to send Johnston ranges will be a way to kill Monica me fifth round of the Scottish Cup. It's after a comfortable three one win at league. One Cowdenbeath last night. Okay. That was calling Besley with this sports update to that. Let's turn to our guest this hour. Soccer navy has just sat down here in the London studio. He's CEO at Hermes investment management. Thanks so much for being here. Soccer. A pleasure to have you here. Thank you for having good morning. Now, what did to kick it off with the Federal Reserve did the Federal Reserve out of your expectations. I think we were certainly surprised that I think here is the surprise the language that he used about. The US economy itself was interesting. We went from from strong last month to in a good place this month the language used allusion. It wasn't threat. But about tightening conditions says that he's looking at how equity markets are behaving which was interesting, and he clearly highlighted the effect of the trade disputes and the slowdown in China and in Europe as the crosswinds referred. To and interestingly the possibility of hard Brexit. I mean, even brought that up just being something that might that might be shopped the system, but is this a Federal Reserve from your perspective that is taking its marching orders from securities markets from asset prices. No, I think this is a Federal Reserve the realizes that perhaps there's a pause in the world because things are not quite going as plant, and I think what they're doing is quite wise. Now, they want to make sure that I mean what we see now is that they will stop the acting cycle for now. I'm probably they will make sure that if they do something it'll be something to do with quite quantitative tightening will slow down, which is which is valve ask people about the beginning to worry about a actually a general slowdown. I mean, remember Europe is low down. It's an it's probably in a technical recession China slowing down, and and they just want to wait and see. So that they don't speak, but it surprised us because we expected that other couple of hikes to come through what about the balance sheet reduction, then before we talk about sort of Ray tugs going forward. What? Specifically, what effects are you seeing from the language that we saw regarding the balance sheet reduction? I mean, he was essentially saying it could be coming to an end it could be tailing off going forward. I mean, which is which is interesting one. Because that is that is how they can control. It is so that controlling interest rates and the suction that the going rate that they will continue for awhile was in fact negated yesterday by him by saying that's the first thing that look at. And I think again that was taken positively by the markets. All right. We'll continue this conversation in the next block soccer..

Federal Reserve CEO Soccer Europe China Besley Chelsea Wilfred czar Crystal Palace US Hermes investment management Scottish Cup Southampton Monica Johnston London studio navy Ray
"london studio" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:03 min | 3 years ago

"london studio" Discussed on Bloomberg Radio New York

"Right. Let's get back to our top story and get some additional insights for Michael Sullivan CIO at Credit Suisse private Bank. He joins us now from London studio. Welcome back to the show. Mike. On this in terms of your initial reaction to what we saw over ninety long long debate to the comments what it means for the process what it means for for UK assets. I think Brexit viewed from the point of the pound, which is actually had quite a nice rally in the last two weeks is in our view still on track for a soft Brexit of sorts. I think the some properties are changed last night. For example, by not having an outright. Extension of article fifty the that does mean that the compression of the process becomes more intense. It does slide the increase the risk of an accident as we get through mid February. I think a number of positives are clear, I think the the political capital within the Tories is maybe a little bit robust. You have a sense a very fine sense of of unity. I think the fact that the labor leaders now talking to treat me is really important because I think it means that much more of a centrist overall parliament friendly kind of Brexit is now more on the cards. So I think you have a appeared worm cosmetically trees make goes to to Europe and tries to to renegotiate some folks have been saying that starting is looking a little bit overstretched as it's been sort of trading near the top of its we range. It doesn't. Sounds if you're necessarily agreeing with that. Look it depends on on on a timeframe on a two week basis. On some technical metrics. It's had a really good rally somewhat surprised to see a little bit of a pullback if you got a soft Brexit UK assets. Sterling's top of the list are under owned. So you will see a continued rally in sterling through the rest of this year..

Brexit Sterling Credit Suisse private Bank Michael Sullivan Brexit UK CIO London studio UK Europe Mike two weeks two week
"london studio" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

11:00 min | 3 years ago

"london studio" Discussed on Bloomberg Radio New York

"And it looks like we're seeing a fourth day of gains for European equities. Judging by futures markets, Marcus this often we had a great week for Asian equities. Yes, indeed. We are seeing the stock six hundred higher by about two tenths of one percent. If markets Marcus Dow down a little bit into the markets mauka, you did you did. I just wanted to point that out too was meant to be a comma between the markets and the Marcus. Anyway, let's focus focus. I know. It's Friday is now going to focus Donald the sexes. Because looking at a sector-by-sector breakdown. We're looking at chemical stocks personal household goods as well. As construction shares leading the way higher this morning three sexes in negative territory. At the moment, that's telecoms technology and food and beverages. Looking at some of the underlying indices hair, the Footsie-100. Higher by about a third of one percent that can haunt advancing by two tenths of one percent. And the ducks advancing by three tenths of one percent. You know, what's interesting is overnight. You're seeing European futures point higher, and that's born through now in what's happened in the cash equity trading, but US futures rachi she pointing a little bit lower their come off their lows. We're pretty flat now on S and P five hundred NASDAQ futures Dow Jones futures as well we've had five days of gains in US equities the US session yesterday. We actually so equities lose a little bit. When we heard from Jerome Powell talking about the balance sheet, and basically saying that it would be substantially lower again, lots of questions over what exactly that means? But then they didn't hire. Because if you listen to what Jerome Powell said, what rich Clarita said, I guess the takeaway is patient and flexible that has supported risk assets to some extent as I said Asian equities having their best week since the end of us is the beginning of November. But what's interesting is while you're getting the support for risk assets. Still getting safe havens bid ten year treasury yield down two basis points, for example, on the 272 handled. Yeah. Absolutely. And gross. Seeing the Japanese yen higher by about a tenth of one percent. Looking at some of the old process says, well, we're looking at WTI at fifty two dollars and seventy five cents higher by about three tenths of one percent. We are seeing WTI set for its biggest weekly gain in runabout two years this week. Brent crude at sixty one dollars and seventy nine cents another sign of that risk on sentiment. Perhaps. Yeah. That bull market in action definitely in oil markets, but with commodity. So I said the safe havens were bad. I mean, gold up six tenths of a percent. That's feeding into the picture as well. While the ten year treasury yield is down. You're not seeing quite the same reaction in balloons and Gil's tenure Boondi Bundi older steady at twenty five basis points. The tenure yield goes nowhere at one point two seven percent. You're seeing dollar weakness to finish off the week as well on the Bloomberg dollar index, but the UN's been doing well this week at its highest since July two day looking at the off shore. And a lot of that move in the UN has been down to the optimism around the ebbing all that trade tensions, and that's perhaps feeding into the equity markets too. The Chinese Yuan set for its best week essentially since two thousand five one of the headlines on the Bloomberg terminal this morning, let's drill down into some of the stocks to watch this morning as we're almost four minutes into European equity trading. Bloomberg's European stocks reporters any coach joining us in our London studio a very good morning. We're going to look at racial festival. Good morning. Yes. So Richmond is rising today. It's up one point seven percent right now. And the news there actually, isn't that positive. They reported Christmas sales just shy of analysts estimates. But I guess not as bad as analysts could have expected, and the main reason was the yellow vest protests which forced them to close their stores for six consecutive Saturdays, which was a major cut to their sales. Let's talk about debonair. I mean, we've talked about it touched on luxury vaca Sanger. But generally, it's really not been a great couple of weeks retailers. I mean, retail stocks had losses in the US session yesterday. We've heard from a number of UK retailers DevOps being one of them. But what's the latest news today on debit? Well, dividends is having a great day actually was up as much as eight point three percent. Earlier this morning now up three point six percent. Big news. Their shareholders say yesterday after the market closed managed to hours there chairman and CEO from the board and the chairman, Ian Cheshire decided to step down as a result while the all will actually remain. He'll just leave the board. So it it looks like investors are happy about that decision. All right. Yeah. Indeed. We're seeing a little bit of bounce hair for shares higher by three point six percent flyby. We've got some emanate news as well regarding flyby the UK regional airline. That's right. So that's an interesting one today. It's not actually trading yet. That might be a major decliners today because we've got news that shareholders will receive just one Pence in cash for each flyby share. This is the conclusion of the acquisition agreed by virgin, so bright Cyrus and of these yesterday the stock closed at about sixteen Pence, right? So this is a major major discount the stocks trading. Thanks so much Cassandra Gallucci co joining us for our stocks to watch in the London studio. Great to have you with us. Now, let's talk about the fed fed. Chairman Jay Powell has reinforced speculation that a rate hike. Pause is coming that says the central Bank waits to see how global risks are affecting the domestic economy financial markets, really beginning in the fourth quarter. Got more volatile and seem to be pricing in a more pessimistic outlook. Which is I mentioned the seems to be rooted in concerns about slowing growth in a related concern of the ongoing negotiations. So if but if you look at the incoming data right through the end of the year and into the beginning of this year. You don't really see any evidence of a slowdown. Powell is just one of a host of fed speakers this week to have pledged patients, the fed vice chair, Richard Clarita echoed his remarks saying monetary policy should be adjusted if risks to the global economy persist, or let's to also talk about the politics in the United States. President Trump says that he will most likely declare a national emergency in regards to the US southern border. If congress doesn't agree funding for his wall with the US government shutdown entering its twentieth day, the US president flew to Texas to rally support really for his border pounds. According to a Bloomberg sauce. The White House is considering whether emergency funding for disaster relief can be diverted to pay for the wall. Now, we also have some breaking news. So g is said to cut its dime Lewis stake by more than half. This has just come through as a red head on the Bloomberg terminal. So Chinese billionaire Li Shufu Geely group cutting it's nine point seven percent stake in Daimler by more than half. Now. This is less than a year after making what was the biggest overseas acquisition by a Chinese automaker? And by the way, this all is according to people familiar with the matter people familiar with the matter didn't say who the new owners of the shares were Julius unloading a five point four percent stake in Daimler through the transaction. One of the people said and Morgan Stanley disclosing in a regulatory filing on Thursday. These details on the Bloomberg that it's holding a five point four stake in Daimler the Bank holding the shares on behalf of others. One person said we haven't got a comment from GE. So again, it's according to people familiar that Geely is said to cut its timeless stake by more than half. So that's the breaking news. We're also seeing an immediate share price reaction with. Dime. Liu says down by run about one point two percent, actually, paring back some of the immediate losses that we did see in on the back of all of this news. So to shares are heading lower. Okay. Let's carry on then with our top stories Chinese vice premier Leo her is set to visit Washington on January thirtieth and thirty first for further trade talks. That's according to people familiar with the plans were lightly meet with US Trade Representative Robert lighthizer and Treasury Secretary Steven Mnuchin US and Chinese negotiators expressed optimism earlier this week after mid level trade talks wrapped up in Beijing. The current intent is that the the vice premier Leo heart will most likely come and visit us later in the month. And I would expect that the government shutdown would have no impact we will continue with those meetings. Just as we sent a delegation to China. That was US Treasury Secretary Steven Mnuchin, meanwhile, the billionaire founder of China's number two smartphone maker is shrugging off a recent route and the stock and is predicting a five G lead revival. Xiaomi chairman lei June. Also says expanding into Europe is a priority. The New Jersey for our overseas expansion Gooby European markets. We hope to choose two or three countries to break into to prove Xiaomi is capable of putting a footprint in developed countries. That's all global business strategy that will say Xiaomi chairman late June speaking exclusively to our China correspondent, Tom MacKenzie. Japanese conglomerate Hitachi is halting work on a nuclear power project in the UK. According to the latter said Hitachi is taking a one time charge as negotiations with the British government over funding. Stalled shares in Tokyo, rallied the most in more than two years. The company would book a loss of between two hundred billion yen and three hundred billion yen after freezing assets. Of its British nuclear business and writing down their value, or let's get some more headlines from around the world. Here's Bloomberg's Sandra Kilhof. Good morning, Markus. Authorities say at least six people have died as parts of Austria and Germany remained in the grip of deadly winter weather, heavy snowfall and strong. Winds are set to continue in the office for at least another day. Several regions have declared states of emergency. As some roads, railways and ski resorts remain closed. There's also warnings of unusually high avalanche risks. German Chancellor Angela Merkel has assailed growing nationalism in Europe ahead of continental elections in may speaking alongside Alexa, Cipro's Merckel embraced the Greek Prime minister as an ally in the region working together is always better than nationalism. That is let us so often into catastrophes in Europe. And that is why from me, it is a constant commitment to draw the right lessons from that. Which means finding solutions together even in the most difficult of situations. Polls show that public support for France's yellow vest movement is falling. Well, president McCall's popularity is inching up in bags. Greg viscosity says it comes at a risky moment. For Michael next week. The French president launches a three month public debate about ecology taxes and democratic representation part of measures. Macro announcing November to calm down the anger expressed by the yellow, but the risk is it may throw up demands Macron kind of degree to which would further divide the president from public opinion in Paris. Greg groups Cousy Bloomberg daybreak Europe, and in the Democratic Republic of Congo Martin for you is refusing to accept yesterday's announcement that he lost last month's election being bags Paul Richardson reports he's been backed by the Catholic church one of the country's most powerful institutions, which are the.

Bloomberg US chairman Europe UN UK fed president Marcus Dow Daimler Jay Powell London studio chairman and CEO Jerome Powell WTI Richard Clarita telecoms Donald Cousy Bloomberg
Protesters march through Paris amid fears of new violence

BBC World Service

00:44 sec | 3 years ago

Protesters march through Paris amid fears of new violence

"That caused people to panic inside. Try and flee trampling over each other. According to officials and that caused a number to be crushed. We're hearing around one hundred have been injured about ten of them seriously. Now, they've been taken we understand to two nearby hospitals where the being treated. According to the United States is too far ripe protester guilty of murdering of women when he drove his car into a crowd of counter demonstrators to white supremacists. Rally in Charlottesville Virginia last year. A jury took less than a d- to convict James fields and all ten charges. He faced. You're listening to the world news from the BBC. The Japanese parliament is given its final approval to a controversial new law. Allowing hundreds of thousands of foreigners into the country to ease chronic labour shortages from April next year, they'll be allowed to take up jobs in various sectors, including construction a nursing Japan has traditionally been wary of immigration, but the government argues that bringing in more foreigners unavoidable because of the country's aging population opposition parties, see the new law has been. He's totally drafted. The Brazilian president Michel Temer says he is asked the governor of the state of rhymer to handover administrative power until the end of the year with the details. Here's candy. Mr Thomas said the federal intervention was needed to regain control after a series of protests and strikes by prison guards and police over pay ROY Raymond has seen violent prison riots this year, and the government is worried he could destabilize the state that borders Venezuela, but there's another problem to last month, the central government had to partially intervene in ROY Rama to deal with tens of thousands of Venezuelan migrants. The state authorities said they didn't have the resources to deal with them alone. The Jamaican reggae star. Buju Banton has returned to the island after being released from prison in the United States. He served seven years in jail in Georgia after being convicted of intent to supply kookiness, dozens of fans gathered at the airport in Kingston to welcome home. Would you Benton was Jamaica's biggest reggae star since elite Bob Marley? Australian schoolchildren have led protests by thousands of people against the plant coal mine in the state of Queensland the children invited adults to rallies in major cities demanding that the Indian company Adani abandoned, the project sponsor, Danny vowed to press ahead with the mine little be considerably smaller than original BBC news. Hello again. You're listening to weekend with me Pasqua Harsha and coming up in this hour. We'll be discussing a new trend co-parenting that's springing up a child by parents who are not and never have been romantically involved. His father will Kamei putting to bed. Read them and not nighttime story anything a normal. Father would you and it really works and YouTube called split up because you've never been together. Yeah. Exactly. And we are they are sleep best friends. Find out what our panel. Thank of that veracity Pillay in Johannesburg and Jonathan Steele here in London studio with me, but before we get into that Jonathan you've come to us fresh from a conference on Syria in London this week. This is a very interesting conference at the London School of economics, mainly with Syrians taking part. Basically the exiles. So they're not program in any way. But they were quite depressed about what was happening because who knows wars winding down, and that means that there's less killing going on the government is determined to sort of beaver said one of the academic said to be fortification mode. They want to make sure that this new resurgence of violence and song. And it even goes the question, whether the government wants refugees to come back because as one of them, again, another one put it the government doesn't have the resources not only not to feed people coming back to police them because the sources fear that there could be a new uprising us there wasn't twenty eleven and even talking about people coming back does that mean that there is a sense that the conflict is winding down. I think there's a definite sense. I think everybody agrees including opposition people. Hold up mainly in. Live in northwest, Syria. The rest of the country's back onto government control, the whole of Damascus big cities, Hampson Hammond. And. Leper so fighting house really calm down and the government claims they control what they call can the terrible phrase useful, Syria. The area. They consider doesn't matter in the northwest doesn't matter, but the big cities in the spine of the country, which runs no south from leopard entre Moscos's back from and government is very very interesting to hear the you say there's consensus that the conflict is winding down and get one of our contributors recently was talking about standing on the balcony of her home in Damascus and seeing the bombs falling on another part of the city will I think that's a little bit out of date. Now that used to be the case when I lost about a year ago. You could hear the poems and see the plain song. After the fall of Houston Huta in the spring of this year, pretty much, Damascus suburbs and back government control back under military control. But as hinting from this conference is the whole question of political Israel and government is not going to make any concessions, those can be no compromise or to alter the in fact, the Geneva talks dead dead sing because the government is determined to consolidate its victory, forty five country grounded Sern regime and not make any concessions tool, and as our other guest on the line from Johannesburg knows very well one thing is is the struggle. And another thing is the peace afterwards and Borussia Pillay on the line from Johannesburg. You've been looking into something else. We talk about South Africa we used to as the rainbow nation, but you have been looking at an undecided of racism within. Would you say? Within the black community. Absolutely. The skull within the black community and within the Asian community. And in fact, many communities I myself am of south Indian descent, so I really had from both sides being sort of sixth seventh generation growing considering by South African as well as of Indian descent and seeing just how these tropes play out. And because it's so much of a black lives have been discussed in relation to to whiteness and colonialism. It's only now that we started to have this conversations within black communities, which I think is really important that we start talking about how have we internalized notions of self hatred, and so on and a one of the one of the obvious things is the skin lightening creams, which understand you're searching. Yes, I'm actually writing a book on the topic of color rhythm and cutter ISM. You know? It's it's got so many. Sort of impacts in our society. One of them is of course, you know, the most obvious one is the very damaging nature of skin lightening creams in South Africa. We were fortunate enough to had those band very early on in in in our in, you know, in the sixteenth s the damage became apparent and people still use them they're widely available in black markets. And and you know, it's not just about the health risk. There's so many studies that show that lighter skinned people are lacking black people get much more in all kinds of opportunities job opportunities. You only have to look at Hollywood to see this. The light skinned the lighter skinned black woman is is usually cost darling. And the darker skinned black woman is cast as the villain and just how it is becoming in growing and growing conversation with these kind of things are being unpacked, and it really reaches across the world. And when I visited India for the first time, I was considered extremely dark, and and it's very interesting to me because I grew up under. The influence of black consciousness of Steve Biko where you taught to love yourself, and that influenced my understanding of my own skin color, and in India, it really was seen as a huge, Mark. I could not find makeup in my skin color. And I'm I could not find any creams that did not have skin lightening in them. And as you say this is prevalent across the rest of Africa, the Congo, Nigeria and so on. Coming. You mentioned black consciousness. I was just wondering right now, the ANC is. Emphasizing blackness much more. In fact, I think Tabor Mbeki recently said the ANC is becoming a black party. He was saying that was a criticism and you've got the economic freedom fighters. Rules, pushing sort of black power entering into this debate on on this sort of saying to toback people you shouldn't fool for this nonsense about calories and trying to look whiter than white. So absolutely. This is a very much a debate that I think is raging amongst the diaspora and blackmail across the world, whereas in South Africa because of the fierce black pride and a big movements towards owning your blackness. It would be considered very unfashionable to to avert. We say these things so it's really subtle. It's really a subtle thing. You know, they'll be adobe slang terms. Coined Appalachia skinned woman, yellow bone, and there'll be a preference towards them in music videos, and in also liberty culture. They'll be gradual lightning of our liberties getting lighter and lighter because they're using something called glutathione. Injections, which is not tested at all in terms of health implications, and literally lightens your skin. So there is this professing publicly of being proudly black while I'm working really hard to conform to a standard of beauty in terms of intensive one skin color and other aspects of how presents themselves. Hey up of fat. So while the ANC are very pro black. You know, there's so many issues for them to tackle. They haven't quite got onto this one yet. Well, let's hear more about that issue later in the program rationally Pillay on the line from Johannesburg and Jonathan steel here in London. But right now, let's go to France where the capital is waking up amid fears of another weekend of violence and new nationwide protest of the zone. All the yellow vests is due to take place in the coming hours, the government as well as major unions have called for calm asking protesters to stay away from places where many of last week's more violent incidents took place in the capital, but also in the rest of the country to in Paris, major attractions such as the Eiffel tower will remain closed today. But all of this is despite concessions from president Emmanuel Macron earlier this week, including abandoning a planned increase on fuel tax. And yet that hasn't appeased everyone tensions remain, very high as Hugh Scofield reports from Paris. It's

Government Johannesburg Borussia Pillay Damascus ANC United States BBC London South Africa Syria President Trump Virginia Buju Banton James Fields London School Of Economics Charlottesville Youtube Michel Temer Pasqua Harsha Paris
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
European Luxury Stocks Unstable, Worries over China Slowdown

Bloomberg Daybreak: Europe

00:30 sec | 4 years ago

European Luxury Stocks Unstable, Worries over China Slowdown

"Morning Yousef. Yes. Get into some of the stocks to watch this morning. Bloomberg's you want pots joins us from our London studio. So you've got European luxury. Stocks could be rising after some reassuring LVN h results are you severe China's luxury shoppers maybe shunning expensive cars, but they're still buying handbags. And champagne good news for French luxury gave LVMH the company behind Louis Vuitton handbags and Dior makeup says at first quarter organic sales rose by ten percents with demand remaining strong in China keeping

China Louis Vuitton Lvmh Bloomberg London
Apple, US and Twitter discussed on

05:38 min | 4 years ago

Apple, US and Twitter discussed on

"Admitted his, son made a Russian lawyer in June two thousand sixteen to, get information, on an opponent that the US president argues it was legal special counsel Robert Muller's investigating US intelligence findings that, Russia conspired to sway the election and Trump's favor President Trump denies any collusion Rival forces in self Saddam have signed the final power-sharing pay steel it's. Aimed at ending civil war that's killed tens of thousands of people and displaced millions rebel leader rake Machar's said to return to a unity, government as, the first of five vice presidents an action movie star Steven Seagal has been appointed a spatial Russian envoy for ties to the US Moscow says his role in the. Unpaid position will be. To facilitate relations. Between, the, two countries in coach at the arts and youth exchanges global news, twenty four hours a day, on the talk, on Twitter powered by more than twenty seven hundred journalists and. Analysts in more than one hundred twenty countries on Ben Clarke this is Bloomberg Markus thanks very much indeed Ben it's time now, for our weekly futures in focus segment this week we're honing in on tech Apple's market cap hitting a trillion dollars last. Week of I, for US, company we've also seen mixed reactions to earnings out of big American tech with shares in. Facebook and net flicks slumping Does it all signal that we've reached peak tech or other more gains to be clenched more this Williams. Lucy co-founder of amplified trading joins us in our London studio very good morning. To you William so let's kick it off with with apple and and the trillion dollar market cap what does it tell you from futures, perspective I, think it's an excellent benchmark to have been reached of course very excited of course it's a behavioral number it's quite arbitrary and what it actually means but I think. Rather than the apple. Results self I. Think, what, it tells me is it's comparison between what's happened with Facebook and, the Twitter over the last, couple of weeks, is now a divergence between different types of tech whereas for. The last few years we've seen if you like the conformity in the fangs and everything moving in one direction Investors. Have been able to in in, a sense follow the herd and have fun tastic returns mean the growth rates happen phenomenal But over the last couple of weeks it's just been interesting looking at a divergence between, those. More social media based companies are a reflection of the regulation that's, now impounding their growth numbers and the LX of Poland Amazon so I think it tells us that the. Value is still there but it's not necessarily going to be as smooth ride as we've. Been used to in two thousand eighteen and it's definitely a case of more, selection rather than following the, fangs is a home it's definitely a po- potent point you make. The champagne must have been sweet but if history's any guide there may be a hangover to come for those shareholders in apple, if you look, at the past, and what IBM and, Microsoft that PetroChina were able. To achieve in terms of. Market cap, milestone the all slumped in the year following following the breakthroughs but perhaps more, wider behavioral no apple in focus is I mean it's a bit of a Hurt mentality here I mean. Apple's really. Part of pretty much everybody's portfolio out there what with what extended what, are you seeing in the numbers but, I think the HUD mentality element is interesting just in terms of the numbers the fundamentals are there you know in terms of actual cash even though the sales of their new, I. Find ten was just one percent the price difference really does make, a huge differential and I think the numbers fundamentally even bottom up you can argue these type of valuations. But for me I I am huge believer of this is another one of those patterns. Repeat themselves I don't think there's warning signs over apple just because it's passed, this trillion dollar Mark more, I think what might happen is now there's some reality coming in. To hang on a minute let's let's look sensibly at future growth in one thousand nine thousand nine because what we've seen so, far we haven't, really seen the, impact of the higher, interest rates not really we. Haven't seen the impact at. All a, market valuations in terms of What could happen in terms of trade wars not not really OJ politics I think very soon these twenty eight thousand numbers are. Going to. Be over everybody's happy you know suddenly with apple the champagne corks popping But two things if now other technology stocks, are starting to be more volatile but also if some of these headwinds do start to. Play when there's a tight. Monetary policy environment I, actually think apple through perhaps no fault of their own. A company. Specifically but, they could start, to be dragged into More volatility as a result of what's happening to the social media firms will we don't have a lot of time. Left but how do you trade, that, I mean do you look at. Things like p futures then and NASDAQ futures, absolutely so NASDAQ futures will be key because the best way to treat this will be to do what's. Called alpha, capture whereby you can have exposure to long exposure to. Those companies perhaps not involved in social media Saudi Amazon's and? The apples out there if you think this trend is. Gonna continue then you won't have long exposure to those. And you. Can hedge, that with. Short, NASDAQ futures as whole so really you're. Just trying to capture, the divergence from those companies do you think will outperform. Compared. To the index, as well it was good to speak to you this morning Williams Lucy co-founder. Of amplify trading joining us from our studios thank you all right coming up next we'll be talking, about soft.

Apple United States Twitter Facebook Co-Founder Donald Trump Steven Seagal Robert Muller President Trump Russia Rake Machar Ben Clarke William Saddam Special Counsel Williams Lucy Moscow
Jaguar Land Rover says Brexit risks UK plant closures

Biz 1190 Overnight featuring Bloomberg Radio

03:09 min | 4 years ago

Jaguar Land Rover says Brexit risks UK plant closures

"Of the latest business flash headlines and cross back out to debra debra you said airbus tom enders says he's encouraged that more american companies are raising concerns about white house trade policy at he expects them to have an impact anders said he doesn't see major fallout yet remains concerned about esscalation retaliatory measures britain's biggest carmaker is warning that a brexit exit brexit without quote fresh less access to the european union would jeopardize more than one hundred billion dollars of investment over the next five years jaguar land rover says extra costs and delays in the supply chain outside the uk would also cut profit by one and a half billion a year the fan says jail our would then have to drastically adjust spending nissan are said to have given themselves two years to decide on a possible merger or an alternative way of enhancing their relationship sources say the to want an agreement before carlos gone steps down in two thousand twenty two the options include setting up a holding company and putting renault nissan under that umbrella as well as merging the two companies as a single stock and that's your bloomberg business flash debra thank you very much for that now the federal reserve is normalizing monetary policy financial markets especially emerging markets are far from becoming normal with some unusual correlations taking hold but in emerging markets editor sweeney civil and joins us from our london studio good to see this morning i mean i look at the free trade war jitters coppers under pressure armour's under pressure the complex is really beginning to be pushed and pulled in a whole variety of directions what's a subplot what's going on yes the strategies are did i being their cues from obviously the dollar and the us treasury yields an until two months ago the world of portfolio management assumed a linear relationship with treasury between treasury yields and the us dollar but what's happening right now as you see there is that is a negative relationship between us treasury yields and the dollar they are breaking away from each other and that's a surprise that's happening after a long time and that's a pending all strategies and now you see emerging market currencies are positively correlated with tissue use and this is the ten year treasury yield but you can see this in two year treasury yields as well so what's really happening here is treasury yields are not influencing imaging market anymore because the dollar is and the dollar is rising and the us have failed to hold about three percent so it's all about the mighty dollar now and all the correlations have gone awry and portfolio leo strategies are changing and the quickly changing to suit the dollar moves rather than the treasury moves what i try and think of sacred correlations i think.

United States London Markets Editor Bloomberg Renault Britain White House Debra Debra Treasury Tom Enders Nissan Carlos UK Jaguar Land Rover European Union Anders
President Trump talks denuclearization with Sean Hannity

Bloomberg Daybreak: Europe

02:33 min | 4 years ago

President Trump talks denuclearization with Sean Hannity

"Bring back media reported joe maze joining us here in the london studio i can only imagine albany coma and also well the competitor over in paris abc's sort of rubbing their hands together at w e p problems let's say gay some more headlines now from around the world here's bloomberg's leon garrett's good morning markus president trump has repeated his belief that he can do a deal with north korea saying he's certain kim jon onus on booed his decision to suspend wargames was south korea is the most concrete development the president says moore was agreed and appeared in the postsummit declaration i just think that we are now going to start the process of denuclearization of north korea and i believe that he's going back started virtually immediately that was donald trump speaking to fox news sean hannity turkey's election this month could go down to the wire with president edwin facing a tougher battle to cement power or even an upset has according to a poll commissioned for bloomberg one can win the presidential vote in the first round with fifty point eight percent support and get the backing of a majority in parliament according to the sir survey but surprise victory for the opposition is also within the margin of error italy's foreign ministry has reportedly summoned the french ambassador after a clash over migrants according to answer the standoff over the fate of a migrant ship with more than six hundred people on board stranded in the mediterranean has raised political tensions in europe eu migration commissioner dmitri amer amraam up louis we cannot continue the political ping pong on who is finally responsible for struggling possibility of migration or protecting external borders the european union as a whole is responsible with all member states macedonia has agreed to change its name ending a bitter twentyseven year dispute with greece it'll be known as the republic of north macedonia bloomberg sorceress necas reports but there is still much to happen before activating in your name and alexis tsipras will have to shave their people that compromise is good and viable and this will take several months enough athens should they dish necas bloomberg daybreak europe global news twenty four hours a day on and talk on twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred and twenty countries i'm leon guarantee this is bloomberg thanks very much now with.

Necas Bloomberg Athens Alexis Tsipras North Macedonia Greece Dmitri Amer Italy Sean Hannity FOX Donald Trump Markus Albany London Twitter Europe Joe Maze Macedonia European Union Commissioner
Sheryl Sandberg sticks to script ahead of Zuckerberg's testimony before Congress

01:13 min | 4 years ago

Sheryl Sandberg sticks to script ahead of Zuckerberg's testimony before Congress

"On an ongoing basis so that was facebook ceo sheryl sandberg speaking to bloomberg's emily chang sandberg promising here to deal with the data scandal that we've seen erupting at the social network promising to hire more security staff to really look over how data shed and with whom outside the facebook world so to speak the question is what kind of pressure we'll see facebook under next week as mark zuckerberg will be speaking to lawmakers in the us congress say i think you can expect some pretty tough questions there for the facebook ceo now coming up next here on bloomberg daybreak europe will be speaking to guy foster head of research at brewindolphin is going to be joining us in our london studio and if you'll soon be in the office be sure to check out more great interviews on bloomberg television by going to go on your bloomberg we are run about half an hour away from the psalter trading here in europe futures not lower this this is your bloomberg real estate report brought to you by national mortgage lender quicken loans apply simply understand fully mortgage confidently we all know all cash offers are king when it comes to.

Sheryl Sandberg Bloomberg Facebook Mark Zuckerberg United States CEO Europe Brewindolphin Emily Chang Sandberg Congress Head Of Research London