anna edwards up next with the european open. this is bloomberg. ♪ ♪ anna: good morning. markets: european open." i am anna edwards live in london. the markets say the global bond the selloff eases but the stock slump extends. the nasdaq tumbles the most since october yesterday. the cash trade is less than an hour away. u.s. benchmark yields hit 1.6%, wreaking havoc in markets concerned the fed is behind the curve's

i am anna edwards in london.et's check out how markets are trading this afternoon london time, dani burger is here with an update? dani: it might be a quiet day with the u.s. off. but on a day when there is not a clear narrative, the narrative is a reflationary one. equities across the board higher, by 1% in europe. it is not just the u.s. inflation, yes, we are seeing bond futures selling off, but in europe we have 50 million vaccines. in the u.k., maybe hopes of reopening. and what is gaining our oil and material stocks, because we are seeing oil rally about 2%, $60 for the first time since january. that is not just inflation, it also has to do with the cold weather in texas, the outages in terms of supply and production. it means rises are rallying. but commodities in general have been interesting as of late. copper touching its highest since 2012, up about 0.7%. jp morgan says given this reflationary picture we are seeing, it is time for another super cycle in commodities. gold weaker, not getting that inflat

i am anna edwards live in london, the cash trade is less than an hour away. gamestop shares plummets, it runs into a roadblock. has the retail many run out of steam? global stocks are risk on in hopes of u.s. stimulus

i'm anna edwards alongside matt miller.the markets say the reflation trade is back, with the reddit rumble out of the way , cyclical stocks outperform once again. a european equity futures point to a positive open. the cash trade is an hour away. these

i am anna edwards.sterday's news, stocks fall in asia with futures as investors balance strong inflation versus the fed pledge. the cash trade is less than one hour away. fed chair jay powell says the central bank is nowhere near unwinding its p

i am anna edwards alongside matt miller in berlin. matt: good morning.markets say the only way is up. stocks rise as the vaccine rollout spurs hopes for a global recovery. wti rises amid a deep freeze in part of america. the u.s. market is closed today

i'm anna edwards live in london.markets say the global equity rally marches on, hopes a widening vaccine rollout will boost recovery as the cash trade is less than a howard -- an hour away. u.s. energy crisis deepens. prices soared to record levels with at least 5 million people losing power amid the deep freeze. rally rolls

francine: that was bp chief executive bernard looney speaking exclusively to anna edwards about the shiftclimate friendly after the company posted earnings that fell short of expectations. let's get to the bloomberg business flash with leigh-ann gerrans. leigh-ann: robinhood's biggest backers are plowing money into the trading app at an unprecedented pace. investors have poured nearly 3.5 billion dollars into the firm in a matter of days, including $2.4 billion announced yesterday. the cash comes as robinhood's easing restrictions on certain trades that outraged customers. deutsche bank is beating wall street with a 20% jump in debt trading, double the average of 10%, at wall street's biggest banks. the german lenders traded 1.4 trillion euros in the final quarter of last year, with liens on the unit to drive growth. the pandemic is hitting oil giant bp with its fourth-quarter sales falling short of expectations. it managed to eke out a modest profit, but it was just a fraction of what it made before the pandemic. refining weighing down the company's performance but ceo bernard looney is

guy: bp ceo bernard looney speaking to anna edwards earlier on after the company posted earnings shortre on bp and oil earnings out of europe. joining us is barclays european energy research directing manager. she has an overweight position on bp price targets. lydia, disappointing. how disappointing? lydia: the word they describe to use it is disappointing. what everyone was looking for was a net debt number to come down, but it is hard to see it below the $38 million level and invent -- the $38 level, and investments have come down. that going up respect -- they are guiding them using a $45 to $50 oil price which is below where we are. it is a indication that bp is a work in progress. alix: a year ago is when bp unveiled this strategy they have. how long does bernard looney have to show the street he can make money off of this new strategy? lydia: it is important -- i think a lot have been made of the plan to put the fuel reduction by 2030 and does that translate to lower cash flow and pretty clearly the answer is no. we should see margins improved, but it is at best 2021 we see deli

i'm anna edwards. alongside matt miller in berlin. matt: good morning. inflation is back. u.s. equities closed at records and break evens hit a six-year high. how long before equities will start to feel the heat? the cash trade is an hour away. here are your top

i am anna edwards. stocks trend higher. commodities index reaches march 2013 levels as the cash trade is less than an hour away. here are your top headlines. half a million america

i'm anna edwards, live in london, alongside matt miller in berlin. matt: good morning.much for the retail revolt, just a week after gamestop's 1000% surge cost hedge funds brilliance -- billions, it seems to gain a little, sicll

i am anna edwards in london alongside matt miller in berlin.y, the markets say inflation, what in inflation? u.s. cpi data fuels the debate over price pressures as the stock rally pauses. asian markets are closed for the lunar new year. the cash trade is one hour away. here

i am anna edwards live in london alongside matt miller in berlin. matt: good morning.ay what is the next wave to ride? weed stocks slump after another wall street bet retail rally. an asian sexson hold for the lunardi i don't remember new year. here are

i'm anna edwards alongside matt miller in berlin. matt: good morning.ts say can't stop, won't stop. global stocks hit fresh records as futures point to big gains at the open. an tom brady list the super bowl trophy for a record seventh time, wi t

i'm anna edwards in london alongside matt miller in berlin. markets say it is another manic monday. futures point to gains at the open as traders brace for another week of reddit fueled volatility. the cash trade is an hour away. here are your t

i am anna edwards alongside matt miller in berlin. today, the markets say it might be time to bail. a three-day rally in global stocks fades as earnings role in but european futures are all trading higher. the cash trading is just one hour away. here are

i'm anna edwards alongside matt miller in berlin. matt: good morning.oday, the markets say can't stop, won't stop. global stocks hit fresh records as futures point to big gains at the open. an tom brady list the super bowl trophy for a record seventh time, with the tampa bay buccaneers. the cash trade is an hour away. here are your top headlines. no need for a slow recovery. janet yellen hits the talk shows with a clear message: the u.s. needs big stimulus to get the economy back on track quickly. yields creep higher. m&a monday, dialogue confirms it in talks for a $6 billion to cover from japan's renaissance and veolia turns hostile in its pursuit of suez, france. and renaissance technologies is hit by $5 billion of redemption since the first of december last year. the walkout comes as the firm's double digit losses for funds in 2020. just under an hour away from the start of cash equity trading in europe. let's look at futures this morning. we see the gains you would expect after so much emphasis is put on pushing through the $1.9 trillion stimulus pl

i'm anna edwards in london alongside matt miller in berlin. matt: markets say it is another manic monday. futures point to gains at the open as traders brace for another week of reddit fueled volatility. the cash trade is an hour away. here are your top headlines from the terminal. silver spikes, retail investors swarm into their biggest target yet, sending the precious metal to a five-month high. meanwhile, astrazeneca ups vaccine delivery to the eu as the bloc tries to give its rollout a boost and julius baer boosts its share buyback. profit and assets surged as the wealth asset manager, we speak to the ceo in 30 minutes. an hour away from cash equity trading across europe and in the u.k., look at futures, pointing to the upside, so even as we have retail investors from various social media platforms swarming in to silver, taking on not only the big gas -- biggest asset yet, but a huge market, it doesn't look like investors are being forced to sell longs across the board in a way that is expected to hit markets. we don't know until the cash

rishaad: let's have a look -- that was the shell ceo speaking to matt miller and anna edwards.'s have a look at what is going on with the regional markets. following record highs coming out of wall street. we had s&p many moving to record highs. shanghai is up. shrugging off some of the bad news coming out of the economy. we have the kospi up. a quick look at japanese activities. japan household cutting spending, edging down. this is before the spread of the coronavirus. a state of emergency has been cold. downward trajectory with retail spending. the topics up. yen has continued to weaken. let's have a brief look at some of the comedies making waves. certainly carmakers have been very much at the four. shares of these automakers up following a nikkei report apple is in talks with six automakers in its development of electric vehicles. mazda, surging after boosting its operating income. ntt data, offloading one of the companies there. at the moment, up 9.4%. there we go. beating estimates in the third quarter. this is bloomberg. ♪ juliette: it is 1029 time -- cor inna: i'm cori

i am anna edwards. the powell push is yesterday's news, stocks fall in asia with futures as investors balance strong inflation versus the fed pledge. the cash trade is less than one hour away. fed chair jay powell says the central bank is nowhere near unwinding its policy. u.s. stocks rejoice but futures and global stocks go lower. bitcoin bounces back, the cryptocurrency trade $50,000 again after a sharp selloff. kathy woods is positive on it. shares in hong kong stock exchange slump as the first trading tax increase since 1993 is announced. welcome to the program. let's get to breaking news in london. u.k. corporates reporting from lloyds banking group. lloyd's fourth-quarter pretax profit coming in at 792 million pounds above the estimate of 471 million. also the capital ratio being watched closely. they intend to resume a progressive ordinary dividend policy. that is also something markets want an update on after we saw leeway allowed in terms of dividends in terms of regulators in the u.k. they are

i am anna edwards in london alongside matt miller in berlin. manus: today, the markets say inflation, what in inflation? u.s. cpi data fuels the debate over price pressures as the stock rally pauses. asian markets are closed for the lunar new year. the cash trade is one hour away. here are your top headlines from the bloomberg terminal. jay powell turns his focus to the labor markets, calling for a societywide push for jobs. joe biden holds his first call with xi jinping as u.s. president and raises concern over coercive and unfair economic actresses and it's another big day for bank earnings. unicredit posts bigger than expected fourth-quarter loss. commerce bank warrants revenue is likely to shrink this year. we will speak with thcfo shortl. i want to quickly bring you royal dutch shell earnings coming across the ticker as we speak. we are seeing the company say it expects to retain its near-term annual cash of 19 to $22 billion so the question is one that we put often to -- and they plan to maintain underlying operating expenses of no more t

i'm anna edwards, live in london, alongside matt miller in berlin. matt: good morning.he markets say so much for the retail revolt, just a week after gamestop's 1000% surge cost hedge funds brilliance -- billions, it seems to gain a little, sickly dollars in extended trading. futures in europe -- futures in europe are trending higher. these are your top headlines from the bloomberg terminal. germany and france warned against easing coronavirus restrictions too soon. bubble stocks flirt with all-time highs as market attention turns to january's u.s. jobs number. janet yellen says market infrastructure has been resilient during the gamestop frenzy as the stocks collapsed 80% over the last four days. but esther george warns bloomberg vigilance is key. and bnp paribas debt trading revenue misses analyst estimates as it signals an uncertain outlook amid the pandemic. we'll talk about european bank earnings this hour. just about 58 minutes away from the start of cash equity trading in europe and the u.k. take a look at futures. the gains are slight in some areas. for example,

i am anna edwards live in london alongside matt miller in berlin. matt: good morning.ay the markets say what is the next wave to ride? weed stocks slump after another wall street bet retail rally. an asian sexson hold for the lunardi i don't remember new year. here are your top headlines from the bloomberg terminal. u.s. stocks eek out another all-time record high after jobs data shows a slight recovery. call option volumes go parabolic, another sign of frenzy. president joe biden says the united states has clinched deals for 200 million more vaccine doses. australia sends a state into a snap five-day lock down. dragi wins the backing of the biggest force in italy's parliament as prepares to form a new government with broad support. anna: the headlines for you. we have the g.d.p. number year on year coming in at minus 7.8% for the fourth quarter. taking the fourth quarter as a whole rather than just december. that looks a little better than anticipated. you can see that in the quarter on quarter number as well. that is plus one%. the estimate was for an increase of a h

i am anna edwards alongside matt miller in berlin. matt: good morning. today, the markets say the only way is up. stocks rise as the vaccine rollout spurs hopes for a global recovery. wti rises amid a deep freeze in part of america. the u.s. market is closed today for president's day. the cash trade here is just one hour away. these are your top stories from the bloomberg terminal. global stocks start the week with a bang. the nikkei has 30,000 for the first time since 1990. u.s. and european futures are on the rise. bitcoins relentless rally stalls for a moment after widening wall street approval sends the cryptocurrency to new heights yesterday. it closed sunday around $50,000 for the first time ever. and the u.k. hits its 15 million vaccination target, a milestone that is set to increase pressure on boris to begin reopening the economy. now just one hour away from the start of cash equity trading in europe and let's take a look at futures this morning. first off, in europe here, pull out the euro stoxx 50 futures, gaining .6%. ftse futures up .8% and

i'm anna edwards. alongside matt miller in berlin. matt: good morning.he markets say inflation is back. u.s. equities closed at records and break evens hit a six-year high. how long before equities will start to feel the heat? the cash trade is an hour away. here are your top headlines from the bloomberg terminal. bitcoin surges to a new record after elon musk puts his money where his mouth is or rather tesla's money where his mouth is. mike novogratz sees it more than doubling to $100,000 by year end. hunting for yield. u.s. junk bonds drop below 4%. and the e.c.b. president christine lagarde pledges monetary support among significant downside risk from the coronavirus. let's take a look first off at some breaking earnings news we got from a french oil major total is out with fourth quarter income. they earned $1.3 billion in net income. the stimwas for $1.14 billion. better than analysts had anticipated. total is saying 2021 net investments at $12 billion after having invested $13 billion in the year 2020 and it proposes a change in name to total energ

i'm anna edwards alongside matt miller. matt: today, the markets say the reflation trade is back, with the reddit rumble out of the way , cyclical stocks outperform once again. a european equity futures point to a positive open. the cash trade is an hour away. these are your top headlines from the terminal. a new age for ammon on -- amazon. jeff bezos step down as ceo. he will become executive chairman and he is succeeded by the cloud computing head andy jassy. italy has a new hope. former ecb president mario draghi is tapped to become the next prime minister. he meets with the president today. santander takes a $1.4 billion charge in the fourth quarter amid job cuts and branch closures. we will speak to the chairman. just under an hour away from the start of cash equity trading in europe. take a look at the gains we are seeing in equity index futures. the strength that we saw an hour ago, euro stoxx 50 futures up only .5 percent, ftse futures gaining .3%. in terms of u.s. futures, we see green arrows across the board. abou

i'm anna edwards live in london. today, the markets say the global equity rally marches on, hopes a widening vaccine rollout will boost recovery as the cash trade is less than a howard -- an hour away. u.s. energy crisis deepens. prices soared to record levels with at least 5 million people losing power amid the deep freeze. rally rolls on, futures push higher on hopes the vaccine rollout will boost recovery. jp morgan says the markets are the most complacent into decades. the final lockdown, the u.k. prime minister boris johnson is gradually drawing up plans to ease restrictions in the u.k., wanting this lockdown to be the last. welcome to the program. just under an hour from the start of cash equities trading. on the futures picture, we were without the u.s. yesterday so without that leadership we get from u.s. trading, but european futures moved tentatively to the upside. the ftse 100, more tentative to the upside. euro stoxx 50 futures up .1%. looking at the u.s. story, we had futures pointing to the upside throu

i am anna edwards. stocks trend higher. bloomberg commodities index reaches march 2013 levels as the cash trade is less than an hour away. here are your top headlines. half a million americans are dead as a result of the coronavirus. president biden calls the number heartbreaking. hsbc beats estimates in the fourth quarter as it pivots to asia. commodities advance to the highest levels in almost eight years amid inflation concerns. goldman sachs sees brent topping $70 a barrel in the coming months. we are under one hour from the start of the cash equity session for europe. let's look at futures and where we are, the u.s. session yesterday was interesting. the european expectation broadly is for something flat as you can see from ftse futures and stoxx 50 futures. asia has not been doing badly without the role of japan. the u.s. is interesting in the way we saw the nasdaq underperformed. stateside things look more optimistic. nasdaq futures up 0.6%. down and s&p moved to the upside. in terms of broad markets, i mentioned jap

i am anna edwards live in london, the cash trade is less than an hour away. interest in gamestop shares plummets, it runs into a roadblock. has the retail many run out of steam? global stocks are risk on in hopes of u.s. stimulus and progress on vaccinations. investors look ahead to tech earnings from the big five. bloomberg learns a surge in tech trading sees deutsche bank outpacing wall street. watch that stock at the open. we are getting numbers coming through from bp, reporting numbers this morning, adjusted net profit of $160 million. it is a bit low from where the number was expected. bp continues to see that it will reach $35 billion of net debt target around the fourth quarter of 2021, giving us some guidance where they expect their net debt to be. organic fx was $12 billion, net debt was at $39 billion. we have seen the makings of considerable progress on asset sales. that story is part of trying to get the net debt down and return cash to shareholders. bernard looney has been at the helm of this business and set tough targets, set direction for the

i am anna edwards alongside matt miller in berlin. matt: today, the markets say it might be time to bail. a three-day rally in global stocks fades as earnings role in but european futures are all trading higher. the cash trading is just one hour away. here are your top headlines from the bloomberg terminal. deutsche's's bumper numbers. the bank boosts its first -- process its first annual profit in six years as fixed income trading boosts revenue 17%. we will bring you our interview with the cfo. that comes amid a huge day for corporate results. we will hear from the ceo is shallow, unilever, and roche on this network today and u.k. officials say the latest virus wave has peaked. attention turns to the bank of england for today's decision. just under one hour away from the start of cash trading across europe and in the u.k. we are looking at futures that are up across the board, as i said. is it time to bail? at least in europe, it looks like you could be in for a risk on open. with ftse futures up .1%. there is a mixed picture when y

i am anna edwards live in london.he markets say the global bond the selloff eases but the stock slump extends. the nasdaq tumbles the most since october yesterday. the cash trade is less than an hour away. u.s. benchmark yields hit 1.6%, wreaking havoc in markets concerned the fed is behind the curve's sparks anxiety for bonds. global stocks selloff, too. europe looks set to fall deeper in the red. eu leaders debate the merits of vaccine passports. ursula von der leyen says it is important to find a solution or else big tech will. we will get the latest from brussels. good morning to you. just coming up to 7:01. breaking news from iag. we will certainly return to our top story. let's get to iag. the adjusted operating loss, no surprise that we are getting a loss from an operator in the aviation space. full year adjusted operating loss, 4.3 7 billion euros against an estimated loss of 4.43. that's a bit better than expected. it is not providing -- this business is not going to provide profit guidance for 2021 at this s

shery: bernard looney with bloomberg's anna edwards.let's take a look at 50 billionaires on bloomberg green's new ranking. they showcase the explosive growth of electric vehicles, batteries, solar power, and topping the list, elon musk. his fortunes soaring over $600 in the past year. a majority of his wealth can be attributed to his green business and that's mainly tesla. his green fortune, almost three times the combined wealth of the four chinese billionaires ranked second. also executives behind the world's largest battery maker, and this company also supplies to tesla as well. in third, the owners of the world's largest maker of solar wafers can also executives for the chinese electric carmaker, byd. really, lots of chinese companies, and that's not surprising given china's big push towards green energy. right? haidi: the outlook is really bullish. if you talk to analysts, we expect these businesses will continue to see gains as governments across the globe commit more resources towards climate goals. we see that as one of the top

but they can sense it through the power of the internet so please, join me in welcoming edward mcclelland and anna clark into your living rooms. >> thank you, everyone for spending the evening with us. this is going to be exciting to talk about this book with this author. and emi right, is this your actual publication day, today? >> yes. [inaudible] >> the radical reinvention. [laughter] so, i've got lots of questions. i'm sure you may have questions as well but first it would be good to hear some of the story. >> i will read the most exciting excerpt, the most exciting part about the battle of the running bowl. a. >> before you jump in and can you give context for folks who might be brand-new to this, like what is that? january 11th the heat goes out at noon and the air was so cold the nostrils were shut when they draw a deep breath. and become chapped. the plant is running at a thousand markers producing 450 bodies a day to the assembly line in the whole via viaduct. since the beginning of the sit down they spend their time keeping fit with daily talk men unload from storage tanks lining the bum

connell: edward lawrence live from washington. let's bring in annaovernment affairs senior director. anna, thanks for coming on. this is an interesting development for me. as edward said the bbc is on hotels in china. we were in hong kong when the protest movement started and covered the protests. we traveled across the border to mainland china. it was fascinating to see censorship was. when you were in the hotel they would go to a report about the protests in hong kong, as soon as the report started they cut it off. a propaganda video would play, people smiling with music behind it. and as soon as the report came it would come back with bbc or whatever international news. now they ban it out right. what do you make of this? >> connell, thanks for having me on. china's great firewall is real and yes, it's true there is censorship of foreign media in china. i think that this is an unsurprising development because we've seen in the past that when, when foreign countries ban or reduce the ability of chinese state media to be present in their countries,

anna navarro. and cpac stood for ideas. i didn't agree with them. micky edwardsve congressman from oklahoma, and a conservative leader from florida used to run it. but we could have honest and fun debates. i had a great time. people were really good to me. kind and polite and generous and fun. and now it's just this political death cult formed around a big lie, not a big idea. and it's -- it's just tragic. this is the party giving us abraham lincoln. this is the group, cpac launched the presidential career of ronald reagan. it was 160 years ago today lincoln gave the speech at the cooper union. 160 years ago on this day, the founder of the republican party said to his open his purpose plainly stated is you will destroy the government unless you construe the constitution as you believe on all points. you will rule or ruin in all events. cpac has become the rule or ruin party, the rule or ruin cult of trump. and it's a political death cult. it's not a victory plan. the other thing that happened in our lifetime is the republicans lost the white house, the house and

joining our conversation is anna palmer ceo and founder of punch bowl news. donna edwards is here.eague jake about some of the reaction in the earliest days of the metal detectors set up there. i don't know if it's specifically this one incident but he described some members getting physical at the sort of audacity of having to be subjected as members to metal detectors. can you just step back and explain why that's even controversial in the wake of the january 6th insurrection. >> i think this has a lot to do with the fact that members for a long time are treated differently than you or me. they are driven around. they rarely if ever have to go through security to get in the capitol, unlike a reporter, unlike somebody who will be visiting the capitol to go to a meeting. we all have to go through the mag nominators. to get thu. this is a reaction speaker pelosi had after the insurrection because there was fear that republicans and statements that they were going to be carrying firearms. and republicans in particular really chaffed against this. the member you are speak something ab