numbers from barclays. first quarter investment taking revenue -- banking revenue, three point five 9 billion pounds against an estimate of 3.34. better than anticipated. they are talking about delivering meaningful year on year improvements in 21. that is in terms of return on tangible equity. they are talking about impairment charges being materially below 2020 for the full year 2021. an interesting picture to think about the impairment charges moving the right direction, improving. the cost story deteriorating a little. we will talk to jes staley about that. vr reader rating targets and terms of various measures on the balance sheet. lots of interesting things to talk about when it comes to our conversation with jes staley. let's check out where we are on the broader macro scene, the broader picture for assets this morning. just an hour or so from the start of cash trading in europe, european futures looking flat to negative. you're a stoxx 50 futures fairly negative. ftse futures in the red. gains in th

barclays, i think it is upon story. after story crossing across the bloomberg terminal talking about junior bankers the pay will go up. it just to see how the cost -- interesting to see how the cost narrative goes forward. maybe the market was disappointed. then there is safran. this is the aerospace supplier company. if you do not know what safran does come the next time you look out of a narrowbody plane and see who makes the engine. chances are it will be made by safran in combination with ge. they continue to do better than the wide bodies. that is where the strength lies. they are also one of the propulsion options on the a320 family. talking of the a320 family, to get an idea of with the aerospace sector is, yesterday we talked to the ceo of airbus. solid q1. it is the outlook that is interesting for the aerospace sector. this is what he had to say. >> i think we should not take you one as an indicator of the full year yet. -- we should not take q1 as an indicator of the full year yet. i think we have not passed t

barclays plans to limit working hours to cut pressure on staff. junior bankers at bank of america will get a pay raise. there is a lot going on today in terms of markets, unlike the last few days. we have had interesting inflation data out of china, which you point out on the blog is very closely linked to the inflation in the u.s. mark: we don't have a lot going on in markets at the moment, but there is no overarching theme. u.s. cpi is due next week. a little concerned about the inflation story. the idea that we should not get carried away with the scare from the chinese figures, they are not much of an upward change to the forecast we are already expecting. i have noticed industrial production numbers out of germany -6.4%, more terrible data out of europe. this emphasizes the story that it is not a great european recovery. that is a theme that carries on as well. matt: probably in a large part because we have not gotten vaccinated in europe, and people are terrified to go out. it looks like the germans may finally have gotten it together in ter

you're never going to see nobody else like this. >> the memorial inside the barclays center has been delayed by about an hour and a half. covid protocols and brooklyn. rob oil news nation. >> coming up next. from indians across the world. history was made today. we'll take a look at how the genocide let's remember nationwide and here in the bay area. plus, new research into autism may help doctors diagnose people on the spectrum sooner. at chewy, we know it's important for your pet to feel good inside and out. that's why we have everything you need to pamper them. save on their favorite shampoo, grooming tools, and even treats to make their breath fresh. chewy's got it all - delivered right to your door. save 30% on your first autoship order at chewy. protect your pet this flea and tick season with chewy. find everything from flea collars and sprays, to prescriptions that keep pests away. chewy has what you need to keep tails wagging and pets itch free all season long. shop pet prescriptions and more at chewy.com today. the international space station today following the successful d

barclays is expecting that last month could mark the peak for consumer prices.e cpi moderating to four point 2%, reflecting the reversal of base effects we saw with lockdown so the supply chain. shery: what is the sentiment for indian assets? sophie: a steep drop-off. the nifty in the sensex falling within 3% while the rupee slumped to an eight month low. that could add to cost push pressures and stoke inflation. over at barclays, analysts saying the currency's drop may be short-lived on anticipated rba support following the buildup and foreign reserves so barclays recommending going longer rupee. the currency market closed tuesday and wednesday for a bank holiday in nds so we will be looking to thursday for reactions in the currency, haidi. haidi: let's get back to the virus and vaccine rollout. vaccine doses have been administered across 154 countries according to the latest data from bloomberg but concern is mounting that china's vaccines are less effective at calling covid, raising questions for nations that are depending on the shot. that's bring in a docto

barclays was the lead underwriter on a deal to build two prisons in alabama. after pressure from advocacy groups, they have pulled out of that deal. tom: there is a clear understanding -- and we are not experts on this. experts say there is a desperate need to improve the prisons across any number of states, including alabama. the question is how you go about it. through a public direct advocacy or a private company. that seems to be the point. what is really going on, we have seen over the last number of weeks, a new social issue for investors. jonathan: the approach has to change, you have no choice. lisa: it's interesting to see the bifurcation between a number of different politicians who are perhaps on the sidelines on issues and corporate executives taking a stand, turning on its head the common theme of the way things work. i have to say, the political activism of c suite executives since the pandemic has only been escalating. jonathan: it has to be the bottom line. if you were not seeing the pushback from the community, would you see this? lisa: you ar

it is great to hearfrom the boss of barclays is here that thatis the boss of barclays is here that thatts. if there is a boon coming that _ that is what he predicts. if there is a boon coming that is - that is what he predicts. if there is a boon coming that is great, l that is what he predicts. if there i is a boon coming that is great, but for some businesses it is too late. you walk up and down and there are lots of empty shops and stores. yes. lots of empty shops and stores. yes, this is the highest _ lots of empty shops and stores. yes, this is the highest level _ lots of empty shops and stores. yes this is the highest level of empty shops that there has been in a long while. that number is continuing to increase particularly in the north of england. that is not very surprising particulate, i mean if you look at the context of this. we saw amazon's results, and there revenue tripled. and that tells you a lot about what is going on. that has accelerated the shift away from the high street. we've been shopping online. this is a massive problem for landlords who pay into the pension f

fabrice montagne, barclays chief u.k.conomist, joins us now to give us a quick snapshot of what is going on. he saw some really strong data. we've got the services pmi bouncing back in the u.k., retail sales data quite strong. you've got your own data. pollute together and give me a picture of -- pull it all together and give me a picture of what is happening here. fabrice: what we can say is that the economy is recovering as it reopens, and much in line with what we have seen last year during the previous reopening. i think at the numbers you mentioned, barclays spend a trend shows that aggregate credit card spending last week was 15% above february 20 levels. that is massive, knowing where we have come from. it is not unprecedented. those are levels we have seen over the summer last year. but it tells you there's nothing wrong in this reopening phase. it happens. at the same time, what the data tells us is that there's reopening's happening along the lines of the government. it has been a gradual reopening timeline. eve

his songs were blasted for motorcycles and speakers as fans gathered outside the barclays center to payribute inside a memorial for about 900 friends and family and a who's who in the music world. logan armstead says his music will live on for years to come. if the person is going say >> so i just came and so my lover. >> you're never going to see nobody else like this. >> the memorial inside the barclays center has been delayed by about an hour and a half. more for covid protocols and brooklyn. rob oil news nation. >> coming up next on this history making day from indians across the world will take a look at how they're genocide was remembered nationwide and also at a ceremony here in the bay area. they also are tracking that rain. that's moving into the bay area tonight debris. some rodriguez will update us after the break. finding new routes to reach your customers and new ways for them to reach you is what business is all about it's what the united states postal service has always been about so as your business changes, we're changing with it with e-commerce that runs at the speed o

emanuel cal, head of strategy at barclays. >>> let's look at the energy space. total with a quarterly income of $3 billion in the first quarter. that is higher than the levels prior to the pandemic. the french energy giant was last boosted by higher oil numbers. >>> shell in focus the company will raise dividends by 4% after a strong first quarter. the energy giant posted $4.2 billion in the adjusted earnings over higher oil and lng. shares in shell are up 1.8%. >>> let's look at wider markets and see how we are faring. advanced after a muted session yesterday. of course, investors with a raft of earnings as you can see we heard from a number of companies in a range of sectors. they are beating expectations for the most part. a lot of that may have been priced in. a bit of travel and arrive let's look at the different reasons and what this can tell us how the investors are feeling. ftse is 1.7% higher. out pacing the market. cac up 60 points the german market is down 10 basis points we are seeing under performance from the automakers. let's look at the sector br

barclays saying we are going to lighten your workload. anchors should not work from 9:00 p.m. until 9:00 a.m. on monday. and they want to be more specific about what they are working until lighten the workload. and the approach from bank of america is to pay them more money. analysts will get a $10,000 boost adjusted for currencies in the local market. and the vice president's associates will get a $25,000 boost. they will also have small groups to take a poll to see how they are doing. the question from people in the industry is will these reforms stick around even once people are back in the office? annmarie: is this because of the presentation from the junior goldman bankers? >> i think it was the catalyst. this is conveniently coming after that. and the backdrop is that people are working from home so their mental health is taking a toll and banks are doing well with more deals. banks are expected to be stacked with more deals. annmarie: our things to dani burger. that does it for daybreak: europe. matt and mark will have european open. european futures in the green. the f

gloom barclays calling the retailer the amazon of retail with a $19 target.re cease threadup's business model is like amazon in is the early days. that does it for us here on "the exchanges. i'll join tyler on "power lunch" after this quick break >>> welcome to "power lunch. we're glad to be with you, the company updating the ipad, the i mac and apple tv most important to many of us, a device to help us find all your stuff when you misplace it, your backpack, wallet,

emmanuel cau of barclays. let's wrap up the auction. the settlement is in. the ftse 100 down .4%.down. mining stocks under pressure. the dax has cut back. up 31 points. the cac 40 had a quiet week in terms of what it has delivered. we will continue to monitor what this looks like. we will also turn our attention to the u.s. it has been a quiet week with an interesting rotation. the action is in the bond market. this is bloomberg. ♪ ritika:ritika: this is "european close" coming up, artist and entrepreneur will.i.am. this is bloomberg. alix: amazon shares up over 1% after clinching a victory in historic collections to determine whether workers at a warehouse in alabama will become the first in the u.s. to join a retail union. joining us is ian cauldron of bloomberg industries. what is the significance of the union not making it this time? ian: just a few minutes ago, amazon clinched enough votes to defend against a union drive at the foot bill moment center in bessemer, alabama. -- at the fulfillment center in bessemer, alabama. it would've been the first amazon warehouse on u.s. s

we will break that down with lydia rainforth of barclays.his is bloomberg. ♪ >> will begin buybacks in the second quarter, at the same time we have been making strategic progress as we transition the company, so really, it is a story of delivering on our promise of competitive cash returns for our shareholders, while at the same time transitioning the company for the future. alix: that was bp ceo bernard looney speaking with bloomberg about share buybacks. for more on those results, lydia rings worth -- lydia rainswo rth, barclays managing director, joins us now. this was really interesting. it is probably going to close lower. what do you think that's has about how investors took this announcement today? lydia: i think it was the idea of it being exceptional in terms of the gas trading business, and there was a little bit of, realistically, we are looking at that initial supply with the expedition that maybe it says something about the second half of the bad back and what sort of scale that would be. what we do know is there will be a buyba

the biggest portion of supply for refinancing 2003 according to barclays.ury sorry, a loss of supply -- the treasury story, loss of supply for the sovereign. tens 1.67, 30's 2.53. maria tadeo drop me in email from brussels, our colleague, 500,000 daily vaccinations in france. in germany, around 700,000. it is important and starting to change the dynamic of the conversation around euro-dollar. this time last week 1.17, right now 1.19. it is a good change. the numbers in america it are great. the numbers in europe are improving and that could be a source of upside surprise. tom: something to watch. also what to watch was chairman powell's comments on 60 minutes. john and lisa want to speak to bill dudley about where we are with the fed. we make jokes about transitory but it is shocking to see the fiscal stimulus we have right now. bill dudley is a former federal reserve bank president of new york. buried was his exceptionally important essay for bloomberg opinion on the banks and leverage. it harkens back to the summer of 2004, is codified by simon johnson in

barclays have one of the stats of the week so far for the credit market. more than 70% of supply year to date in high-yield has been refinancing. how important has that dynamic been supporting the credit side of the story? mike: it is really important. in terms of the supply dynamic from a negative, meaning companies leveling up to a positive because it actually results in credit improvement because you are lowering your interest expense, or pushing out majorities, you are lowering your default risk. weird -- we are continuing to like a high-yield market for those reasons. jon: how different is it compared to what it looked like last summer? greg: there was a lot of concern in terms of what was happening with covid and how quickly the economy can recover and how we can manage through the pandemic. there is a lot of confidence because we are making good progress in terms of getting folks vaccinated. this ultimately will allow people to get back to something that looks more like normal behavior in terms of activities and sectors that have been harmed because

now, when we look at the optimism in markets, we see a lot of that reflected in prices, the barclaysndex spread yon 300 basis points for the first time since pre-financial crisis. we are stunning to balance that out more, taking advantage of the fact that interest rates have gone higher. we are adding to ration coming from a short the ration position into one that is slightly less so. there is something to take into account related to the conversation we had before, which is if we look at how the market is priced for the fed, the fed has been introducing its interest-rate forecast for 10 years and this is one of those few times when the market is placing interest rates higher than the fed's forecast. in the past, it has been a good time to add duration. on the credit side, be a little more picky, not just buying high-yield in total, but looking for shorter maturity opportunities, bank loan opportunities. jonathan: let's talk about credit markets. it is unusual to see what we are seeing at this stage of the cycle, if we can even consider this the beginning of a cycle. you look at the

. ♪ >> a memorial service was held saturday at barclay's center in brooklyn, new york.e and red whe lifee ceremony, hundreds of bikers escorted a monster truck carrying the coffin. dmx, earl simmons, died last -- earlier this month of a heart attack. he was 50 years old. >>> and the "anchorage daily news" reports alaska airlines is banning a state senator for refusing to follow mask requirements. republican senator lora reinbold of eagle river had been suspended effectively immediately. it comes after she apparently was caught arguing last week with the staff about the mask policies. she tells the paper she has not been notified of a ban and hopes to be on an alaska airlines flight soon. >>> still ahead, caitlyn jenner's political ambitions. the former olympian and reality tv star launches a bid for california governor. lately, it's been hard to think about the future. but thinking about the future, is human nature. at edward jones, our 19,000 financial advisors create personalized investment strategiesre. edward jones i brought in ensure max protein, with thirty grams of protein. those

when people are dying not one of them artistically over it in the barn or trees here the dissing of barclays on just so much pressure and so much and they see all the evidence that not everyone has an opportunity to get tested to the people who die and get nothing especially tested as movie perfect didn't go into any statistics and this number is said to be going to high i'm going to brief if you can this there a feeling that the pandemic may be peaking soon not anytime soon the medical fraternity believes it could be me reach made before it peaks and then by june or july the good stuff the going done and going the way he. did on his delhi bureau chief thank you amita. let's take a look now at some other developments in the pandemic the co-founder of the biotech finds a vaccine has voiced confidence that it works against the indian variant of the corona virus he says tests ongoing in brazil the senate has opened an inquiry into whether president havel sonars government commits a criminal negligence or corruption in its handling of the pandemic south korea hopes to encourage more people to go

his casket was delivered to the barclays center in brooklyn. a top of a monster truck for the public service. about 200 people were allowed in kanye west's sunday service choir and other big names in hip-hop provided music fans are outside of the service revving motorcycles and playing the rapper's music simmons died april night from a heart attack following an alleged drug overdose. he was 50 years old. it was a somber afternoon at the mount davidson in san francisco. the armenian community gathered saturday to remember the lives lost in mass killings, over 100 years ago. kron forcefully reports. what made this year's event even more special. >> so so the base of the on mount davidson in san francisco, descendants of survivors honor. and remember and a half million armenians killed by the ottoman 106 years ago. everyone has a personal connection. many of the people here. >> have grandparents or great-grandparents who are orphaned this year, san francisco, san mateo and santa clara counties pass resolutions marking this day miss permian genocid

. >>> in new york, thousands of people gathered outside the barclays center today to say farewell to hip hop legend dmx despite the memorial being closed to the publ dmx had five number one albums. the three-time grammy nominee died april 9th after suffering a heart attack. he was 50 years old. >> what a tribute to him there. a lot of people turning out. >>> tampa bay buccaneers tight end ron gronkowski accomplished a lot in his career, now you can add world record holder. >> he put his name in the guinness book of world records after catching a pass right there from a helicopter. >> because why not? >> why not? you know, it was 600 feet above him. he completed the feat on his third try at his alma matter in front of the arizona football team. future hall of famer on hand to serve as an honor rare captain at the wildcats spring game. >>> anthony flores joining us now. i'm not sure if you can top that, a 600-foot pass. >> great hands by gronk, but today in the south bay it was all about the feet. that's right. it was a day of excitement and celebration for the earthquakes. fans return

the boss of barclays has talked about _ them. the boss of barclays has talked about today _ them.out benefit from that? . . . , ~ that? well i certainly think there is auoin that? well i certainly think there is going to _ that? well i certainly think there is going to be — that? well i certainly think there is going to be a _ that? well i certainly think there is going to be a huge _ that? well i certainly think there is going to be a huge bounce i that? well i certainly think there l is going to be a huge bounce from the pandemic, a lot of demand out there and a loss of money being saved during this time. it will be spent. do i think that is a long—term economic recovery? i am not so sure about that. i am sure of one thing, an exciting future for our town centres, providing our local authorities get good plans together and get the uniqueness about our towns, and invest in our small businesses, because that is what is the heartbeat of the uk. now we're less than a week away from may's elections, with different contests depending on where you live. our correspondent lewis goodall

barclays recommending going along five-year treasuries.ing too aggressive for fed tightening. the dollar trading your a two week low on the back of solid u.s. economic data. haidi: will stay on the big market event. it is the rba decision. policymakers have managed to be rewarded by bond traders given the low yields we have seen as well as a weaker currency. joining us is a global market strategist at gp morgan asset management in australia. we have seen just an overall calm when it comes to the bond market. does this last? what is this window of opportunity for the rba today? >> i don't think you will hear that much more from their rba be on what they have been saying the last few weeks. the economy is improving. they are seeing some improvement in the labor market. that is great for the near term should they must balance that out against the longer-term pressures weighing on inflation and the fact we are some way from what they view as a full employment and what they view as a level of wage growth, which would create that inflation. the

numbers from barclays and we will speak to the ceo. amazon delivers.the pandemic continues to

lloyds, santander, barclays, hsbc and natwest will offer them.uge concerns about so—called negative equity, the idea that you borrow all this money, purchase a house at a certain price, but later the house price falls and you are therefore held responsible for the amount you borrow and you end up paying more back than property is worth, and lenders are concerned they will be held accountable for that if they lend all this money and therefore they could make a loss. all the suggestion is that it's cheaper to shop around. if you can get a 10% deposit, which is by no means guaranteed, but if you get enough money together for a guaranteed, but if you get enough money togetherfor a 10% guaranteed, but if you get enough money together for a 10% deposit then you might be better getting one of those because the interest rates will be lower than the new mortgages offered today with a 95% guarantee. ben thompson, thank you. this just in from the uk prime minister boris johnson on a proposed european super league. he says this morning that it's not good new

coming up next, we will discuss with barclays. this is bloomberg.have trade data out of the moment. your and your for the month of march, 12.1% is what we see against expectations of 2.6% and certainly picking up the pace from 4.2% from february. a more modest scale of 1.2%, that is lower than the 8.2% of the previous month from expectations of a contraction of 4%, so given the effect of covid, given the impact a lot of the shutdown and logistic challenges that we are seeing on the course of the pandemic, it is clear that we are seeing but that 12.1% headline number. electronic spitting that out year and year, the number is 24.4% and jumping about a 7% gain in the previous month. we know pharmaceuticals tends to be spread out pretty volatile as well so we will continue to watch but this certainly comes on the back of gdp numbers, strengthening in the singapore dollar, some of these indicators that the singapore economic recovery is on track. the central bank there keeping its main monetary policy unchanged with a slightly less dovish tone going into

he is at barclays and his team on the street is absolutely iconic in getting the inflation call righthe writes hyper-detailed research reports. i don't understand most of it. it is way too complicated and we are thrilled michael pond is here today to give us light on our inflation fears. interview after interview, it is out there. there is a gloom about rising inflation. are you gloomy? michael: i am inflation strategist. how could i be gloomy about the potential for a rise in inflation? we actually want some inflation. tom: you want some inflation. do you have an analog right now back to the 1960's or 1970's? or do you say in a boom economy that this time is different and your study of inflation will be different into 2024? michael: last summer, our group with our economists wrote a piece with the title of, don't believe the hype. we still believe in the and it is proven true so far. cpi right now is at 1.3%. all of those saying we were going to get inflation like you have never seen, so far have been proven wrong. the re-inflation trade is not really about inflation today, it is abo

barclays going to go long. crude getting hit, continuing its decline. you have inventory numbers coming out and an iran-u.s. meeting. all of that accumulating in the crude market. guy: let's turn our attention to what else is happening. imf and world bank holding their annual spring meetings. of course, virtually, but this week nevertheless. bloomberg policy correspondent mike mckee, what is on the agenda? >> obviously, a lot to do with the pandemic and what the international financial institutions can do to help the world's poorest countries. i'm going to show you three charts. if there were no pandemic, it would look the same. role banks -- will bank's job never ends. this is per capita income for the united states and of developing nations down here. a huge gap. how do you close that? how do you help the people down here? that is an ongoing issue for the world bank. one thing they are doing is they have canceled a lot of debt that developing nations have to spend on. that should help through the rest of the year. but now we have middle income countri

bloomberg, barclays. treasury index is down two years yields. what do you do in bonds? do you enjoy the losses or is there a do something attitude? gabriela: the second big topic that comes up besides china is inflation and interest rates. our message is that whether there is enough inflation, the debate has changed. that signals the curve will continue steepening, we are not done with the rise in 10 year bond yields. we are just doing a pit stop on the way to 3%. especially when you're starting from low yield and record highs -- for us, it is about shortening duration, moving to extended credits. overall, it is a problem for equity versus bond. tom: this is so important because we frame the difference here, the distinction. lisa: that is what i was thinking as she was speaking. stephen majors is saying that structurally, nothing has changed. if we get another disruption like what we saw with our cake is, you have people looking for safety and safety is still u.s. government debt. why do you disagree? gabriela: i agree, we have not changed at the low growth dynamic in t

but barclays at 2% are we back to trim growth in the next year or the higher than average growth continue next year but this year doesn't make it so but agreement on it. >> looking at the numbers suggesting 12% growth in the second quarter, is that compared with 2020? really the other question is or implied in that is, are we back to 2019 severals of output >> so, tyler, thank you for asking that question we are talking about the quarter to quarter change at an annual rate why that's what those numbers represent. so it is really to the fourth power or times four if you will. not quite. quarter to quarter change and then are we back to 2019 or the peak before the pandemic not quite. it could be this month or next month and your question leads to the question of are we out of the recession yet? they won't meet until the prior peak and then meet to determine when the recession ended which could be a year ago and may take out the prior peak on gdp. >> thanks for the clarification, steve. >> thank you. >>> for more on where the market goes from here, let's bring in esteemed investor mario gab

tom: the cadence of marvin at barclays is the same as chairman powell. the real not yesterday was his access. the chairman powell timeline extends well out into 2022. that is what i'm hearing from marvin. jonathan: totally committed to this. chairman powell won't link. do you think everybody gets that now? marvin: i think people will get that and that is why we have the positive the bond market. remember, we had a very intense selloff in the first quarter. since then, bond yields have gone up a lot. they are not really going anywhere. that is the market accepting that. the next step is, they need to see is the economy going to be stronger? or is it going to be in line or some sort of disaster that is going to take it down? we are just going to have to wait for the data. that is why we are trading across asset markets right now. jonathan: always good to see you. great to catch up. shout out to sam r.o.e. of yahoo! who drew my attention to the worker. here's is a quote for you. i think the fed is far more concerned about the virus and the average american.

at barclays, we follow spend trained signals, so we should already know next week whether households are spending in excess of what they usually do. . we will get the first indications within a week or two, i month or two, but the national accounts come with six weeks delay at the end of the month, so unfortunately, that is a discussion for the second half. guy: we mentioned holidays, and that kind of demand from last year is gone. but the u.k. is making it, by the sounds of things, and we are still yet to get the final details, quite hard for people to travel. does that money get saved, or does that money get spent? does that stay in the united kingdom? does it get spent on stake haitians? two-state -- on staycattion -- on stay-cations? fabrice: that is a good question, but it long -- but as long as there's no travel by plane involved, you already spend less going from point a to point b. the question on the type of recommendation that you want to stay at -- the kind of accommodation you want to stay at, it might be different staying in your home country as opposed to going abroad.

barclays saying to aggressive given work jobs and inflation are given the fed plan for lift off.ttee going long five year treasuries. shery: the broader markets coming up in the next hour, jaguar growth partner ceo saying emerging markets narrative is vibrant at the moment, more on his em outlook. also we will talk to you why oceana about what to ask black at -- what to expect at the policy meeting later today. this is bloomberg. ♪ (woman) i don't want to look like this anymore. (man) what is happening to my body? (woman) why can't i lose weight? (announcer) you may be suffering from insulin resistance. measure your waist. females measuring more than 35 inches and males measuring more than 40 inches may have insulin resistance. to learn how to reverse insulin resistance and lose weight effectively, go online to golo.com. once again, that's golo.com. haidi: a very good morning. you're coming down to asia's major market open. shery: welcome to daybreak: asia. asian stocks look to climb after stocks rallied to a record and sell of economic data indicated it is getting momentum. scot

memorial for rapper dmx took place today at the barclay center in brooklyn.ye west sunday service choir performed the rough riders, dmx is original record label, which is also motorcycle club came together on stage is friends and share stories and memories. rap star ive talked about her close relationship with the mx. i am seriously the luckiest, luckiest woman in the world to have been adopted by the rough riders, but to have known dmx the way that i knew him as a man, a father, a friend, the nypd temporarily closed johnson highways is a casket carrying the late rapper whose real name was earl simmons was driven on the back of a monster truck from yonkers to brooklyn. dmx died on april. after suffering a cardiac arrest. he was 50 years old, preparing for another fire season. how count fire. is getting ready ahead of schedule and a very weather. finally some changes. we're tracking from clouds and some drizzle for tonight, and the rainfall could be making a comeback in your sunday forecast will have the update coming up first. the pushback from republicans is

emily field, head of european pharma research at barclays. these are the final numbers in your.me day. that headlines not telling the story. interesting stories being buried under the headlines. we continue to watch what is happening in the banking sector. deutsche's incredibly strong today. alix: coming up, we stay with the company stories. you have food commodity prices surging to levels we last saw in 2013. will you see that reflected the next time you load up on oreos and cap very exit -- and ca dberry eggs. we'll catch up with the ceo of the company who makes those. ♪ ritika: this is the european close. coming up today, our special coverage, the fed decides starting at 2:00 in new york. this is bloomberg. guy: let's talk about what is happening with the agricultural sector. i feel like i am stepping into alex's shoes. i will mention the word transitory. will it be transitory, is it not? at the moment we are seeing a huge spike higher in agricultural. it has been really well behaved. 21, not so much. a huge spike higher in terms of agricultural prices. that will feed through

and in new york people gathered outside barclay center to voice their support. >> george floyd!werful it was to see people from all over the world, literally all over the world to come together and take a stand for something, and you know, that's -- that's huge. >> we just want to continue to galvanize each other and be there for one another as human beings and continue to support, you know, justice being served. >> and then the timberwolves and lynx issued a joint statement. there's still much work to be done. many athletes agreeing, tennis star tweeted, the fact that so many injustices occurred to make us hold our breath for this outcome is really telling. >> and the las vegas raiders coming under fire for this tweet right here that says, i can breathe, but the date 4.20.21, and they told espn he meant no disrespect and he was pai parap paraphrasing floyd's brother said, and many questioning whether the tweet was real. >> andy, thank you so much. we'll be right back. cal: our confident forever plan is possible with a cfp® professional. a cfp® professional can help you build a

lloyds, santander, barclays, hsbc and natwest are starting to offer these mortgages this week.ve said they won't be making these products available for new—build properties. the launch comes as average house prices in the uk continue to rise to record levels. hemal bhagalia runs mortgage avenue and is an indepedent mortgage broker based in london. hello and good morning. good morning- _ hello and good morning. good morning. how _ hello and good morning. good morning. how will _ hello and good morning. good morning. how will these - hello and good morning. good| morning. how will these work? essentially _ morning. how will these work? essentially they _ morning. how will these work? essentially they are _ morning. how will these work? | essentially they are government backed loans, so the buyer would put down a 5% deposit and the bank will still lend with their money but it's backed by the government, so if the buyer defaults on those loans and can no longer pay for them then essentially the government would back them, so the bank would reclaim the money pretty quickly. but it's

dan barclay. have a great friday.ks for joining us. >> thanks, brian >>> you're welcome we are just getting going on this friday. when we come back, it is the good, the bad and the ugly at least when it comes to the big money movers we'll give you the names to watch coming up. >>> plus, an inside look at the red hot housing market the ceo of taylor morrison joins us live on "worldwide exchange." >>> later on, cold water on amazon's hot quarter after the first quarter trouncing of the numbers. scott mushkin with the biggest risk facing amazon as it puts up monster numbers. we've got a busy hour still ahead. we'll roll on. dow futures down 52. we're back right after this. tailor made or one size fits all? made to order or ready to go? with a hybrid, you don't have to choose. that's why insurers are going hybrid with ibm. with watson on a hybrid cloud they can use ai to help predict client needs and get the data they need to quickly design coverage for each one. businesses that want personalization and speed are going wi

escorted by motorcycles carried the coffin of rapper and actor dmx to a memorial service at brooklyn's barclayide, family and friends gathered for a celebration of life. dmx's fiancee and his 15 children paid tribute. she spoke of the late rapper's love of jesus and his fans. the three-time grammy nominee died april 9th at the age of 50 after suffering a heart attack. >>> tv ratings for awards shows have been going down lately, but the producers of this year's oscars are hoping they can attract a big audience tonight with a new type of experience. cnn's stephanie elam explains. >> reporter: from struggle -- >> i am a revolutionary! >> reporter: to desperation. >> it needs work, i like work. >> reporter: the times are felt in this year's oscar nominees. >> are you concerned about an overreaction from the cops? >> reporter: so is the silence. including from viewers whose lack of interest made most awards shows this year a bomb. >> if the ratings continue to decline, you're going to see some changes. i think some award shows might go away. >> reporter: the oscars want to the reverse trend. gone i

. >>> fans of the rapper dmx are at a public memorial at the barclays center in brooklyn. attendance was limited to friends and family. dmx died april 9th at the age of 50. a private funeral will be held sunday in new york. more "politicsnation" with reverend al sharpton right after a short break. the bonds we build... should never be broken. ♪♪ because it's that strength that finds the courage to make something good, truly great. ♪♪ we started with computers. we didn't stop at computers. we didn't stop at storage or cloud. we kept going. working with our customers to enable the kind of technology that can guide an astronaut back to safety. and help make a hospital come to you, instead of you going to it. so when it comes to your business, you know we'll stop at nothing. ♪ ♪i've got the brains you've got the looks♪ ♪let's make lots of money♪ ♪you've got the brawn♪ ♪i've got the brains♪ ♪let's make lots of♪ ♪uh uh uh♪ ♪oohhh there's a lot of opportunities♪ with allstate, drivers who switched saved over $700. saving is easy when you're in good hands. allstate click or call t

in new york people gathered outsidede barclays center to voe their concerns. >> i was surprised to see world come together to take a stand for something. you know, that's huge. >> we just want to continue to galvanize each other and be there for one another as human beings and continue to support justice being served. >> reporter: in minnesota the timberwolves wrote, we're hopeful today's decision is a step forward, but it does not ease the physical and emotional pain that continues in an environment where systemic racism exists. the minnesota hockey team noting, there's much work to be done. tennis star osaka wore a face mask. >> we're sitting here on a sports show speaking about justice and speaking about things that are going on within our court system. it's not okay to just be a bystander of justice or our political system or democracy, and i think democracy we think of as a destination, and it's a continuous journey, and it has to be thought of that way. just because we're athletes, just because we're stay-at-home moms or businessmen or doctors or lawyers, whatever we are, like we

agreement to renew their long-standing -- the clothing retailer has decided to shift its business to barclaysof 2022. synchrony says gap is one of its five largest partners. that is the business flash. alix: it has been a busy day so far with the johnson & johnson news as well as the cpi increase. here's what i am watching in the next 24 hours. in just about an hour, the white house will hold a press briefing with dr. fauci. definitely tune in for that. no doubt it will be about j&j vaccine, delay, what they're looking for. how soon the vaccine can come back. also tomorrow the bank earnings bonanza. jp morgan, wells fargo, as well as goldman. coinbase trading debut. it is in many different types of businesses. how do you value it when it potentially gets in a trade with the bitcoin price garrett plus the fed will release its beige book. also tomorrow, fed chair powell will speak at the economic club of washington with david rubenstein. we'll will be taking that in full tomorrow. fed officials keep pushing back on any sort of height or paring back or taper tantrum spirit coming up on televisio

a celebration of life memorial in moments at brooklyn's barclays center why the three-time grammy nomineed died after suffering a heart attack in his new york home. >>> you are live in the cnn newsroom. i'm jim acosta in washington. people are demanding more than the sheriff's department is giving them. >> no justice! >> no peace! >> this is elizabeth city, north carolina where residents are not only mown morning the death but they want to see the moment he was shot. so far no body cam footage is released from brown's altercation with law enforcement on wednesday but the audio of first respobders' radio traffic gives a small glimpse into what may have happened. >> ems has got one male 14, gunshot to the back. >> a gunshot to the back. that's part of what is driving people to demand answers they're not getting and natasha chen is in elizabeth city right now. you are there today when the mayor gave an update and now the family of andrew brown jr. is speaking out. what are they saying? >> reporter: jim , this press conference just wrapped up. most notably the president of the local chapter of

in europe, barclays and astrazeneca. looking forward to what they have to say for themselves.w is my super bowl day. you get exxon and chevron coming out before the bow. -- before the bell. guy and i will be talking to the ceo chevron. also eurozone gdp. coming up, steve rattner will be joining david westin on balance of power. if you are in london, check us out. guy: if you're in london you could watch david or you could listen to us. the cable show at the top of the hour. alix and i walking through the price action in europe. this is bloomberg. alix: -- this is bloomberg. ♪ ♪ ♪ look, if your wireless carrier was a guy you'd leave him tomorrow. not very flexible. not great at saving. you deserve better... xfinity mobile. now they have unlimited for just $30 a month... $30. and they're number one in customer satisfaction. his number... delete it. i'm deleting it. so, break free from the big three. xfinity internet customers, switch to xfinity mobile and get unlimited with 5g included for $30 on the nations fastest, most reliable network. so many people are overweight now and a

his family and friends held a celebration of life memorial at bro brooklyn's barclay center. dmx's fiancee and his children paid tribute during the online memorial. she spoke of the late rapper's love of jesus and his fans. the three-time grammy nominee died at the age of 50 after suffering a heart attack in his new york home. >>> in hollywood, the film industry is preparing for its favorite night of the year. the glitzy academy awards show. and while excitement builds, one front-runner is sparking major controversy in china. cnn's david culver explains. >> reporter: just a few months back, you may not have even known the name, chloe zhao. but now, the chinese movie director is gaining worldwide fame and her film, "nomadland," is raking in most prestigious film awards. >> i love what i do. you know? i want to tell stories for a living. i don't want to do anything else. >> reporter: earlier this year, becoming the first asian woman to win a golden globe for best director. she was then named bebtd director at the british academy film awards and there is growing expectation she

and actor dmx, family and friends holding a celebration of life memorial in moments at brooklyn's barclaysree-time grammy nomineed died after suffering a heart attack in his new york home. >>> you are live in the cnn newsroom. i'm jim acosta in washington. people are demanding more than the sheriff's department is giving them. >> no justice! >> no peace! >> this is elizabeth city, north carolina where residents are not only mown morning the death but they want to see the moment he was shot. so far no body cam footage is released from brown's altercation with law enforcement on wednesday but the audio of first respobders' radio traffic gives a small glimpse into wha

when they entered the event, in this case, barclays center or madison square garden, that entity wasree areas. the issuer, the individual and that verifier the trust angle is how it works. >> if i go to yankees stadium in new york and let's imagine there is a requirement of people having to prove that they have been inoculated and i flash my phone and i gain admittance. am i giving up my medical records to anybody, to ibm, to the yankees, to anyone concerned? >> what you're doing in that situation is just giving up a qr code. none of that data about you personally is on your phone. so think privacy as a priority. >> so it's being cast, though, in some quarters, you heard my intro, as this abridgement of individual freedom, as big brother now being able to tap into this data harvesting. when you hear that, with your knowledge of the program that you folks at ibm have designed, what is your reaction? >> when i think about what we have provided in this work with the new york state and around the world, this is a global solution that has open and it's letting all different types of healt

as a monster truck carrying dm x's red casket made its way to the barclays center in brooklyn.na, that was limited to close friends and family of course because of covid restrictions. dmx, born earl simmons died on april 9th after heart attack, and that left him on life support for days. he was 50 years old. >>> president trump's continued promotion of the big lie was complicated matters for the nearly 400 people arrested for storming the capitol. >> it's been nearly a hundred days since former president trump left office, and polls suggest a majority of republicans still believe the lie that the 2020 election was stolen from him. as cnn's marsha cohen reports, officials are concerned that should lead to more violence. >> reporter: boris and christi, the justice department and federal judges here in washington, d.c. are worried that former president donald trump's continued lies about the 2020 election could incite his supporters yet again to commit violence in the future. this came up a few times this week in some of the cases stemming from the january 6th capitol insurrection

a public memorial to be held for rapper dmx that brooklyn barclays center next week, the hip-hop iconcations of a drug overdose after spending week in a coma he was 50 years old. for more on these and other stories download the fox news app, you can scan the qr code on your screen or go to fox news.com/apps. jon: a black lives matter founder reportedly making multimillion dollar real estate buys but the story is getting censored on both facebook and twitter. meanwhile conservative activist james o'keefe is suing twitter for defamation after booted off the site. alex hogan has more from new york city. alex. >> hi jon well the founder of project as you mention o'keefe was speaking out after he was kicked off twitter just this past week. well also was planning to sue "new york times" as well as cnn for reports of claims that its stories are deceptive something he spoke about on thursday on fox. take listen. >> they did this after we released all of these bombshell recordings into krrkscnn showings themselves propaganda it is pretty extraordinary timing. but there are fundamental principl

republican new york state assembly minor leader will barclay told us this morning he's not surprisedthe pushback. >> stone walling anyone getting this, let's hope the investigators who are involved whether it is ag or certainly the legislature will use that subpoena power to get it. but, obviously, it makes you very suspicious when he doesn't release it why is he not releasing it? reporter: it's been a long haul fight for the records after the justice department requested that new york and other states for that matter share their data and regards to covid-19 nursing home deaths. u.s. attorney office and brooklyn and state assembly judiciary committee also looking into claims that the cuomo administration purposely undercounted those nrmings. and even governor cuomo said it has been a long time these should have been made public. but he's not releasing them because they're trying to hide anything. rather they need to make an accurate count. arthel. arthel: laura ingle live there in new york thank you very much law are a. eric. eric: meanwhile in california, kate lean jenner now throwi