caroline hyde in london. good morning, caroline. forensic aria in a minute -- two very exact area -- thing ande redux washington still has no true rival and will not for a very long time and faces a growing number of constraints. the reality is that america remains a leading power and can achieve its objectives only by defining broad interests, working with others, and creating a network of cooperation. that, alas, does not fit on a campaign cap. the united states, it is something now. i am trying to stay out of the political debate, we have not seen this. carl: we have seen the rise of the emerging world, which changes the ability of washington to project its power. of thee point of view concept of economic policy for the world, it is no longer america sneezes in the world catches a cold. like 15% of world gdp, the g7 combined does not add up to as much as -- use towards bush senior as our timeline, we had trade, advancement on uruguay. good stuffe so much that it is impossible to go further? megan: -- carl: you can never do enough

caroline: live from london, i'm caroline hyde. you're watching the european close on "bloomberg market." we are going to take you from new york to london to berlin in the next hour. here is what we're watching. the euro area economy grew slightly less than initially estimated in the first quarter. is it time to worry about the diverging economies in the region? betty: volkswagen continues to feel the pressure of its emissions scandal. forecasts.fit misses ireland's prime won aer enda kenny just second term last week. we will have more from our exclusive interview. it is 90 minutes into the trading session in the u.s. julie hyman has the latest. the market continues its fall a bit lower. julie: the s&p and the dow heading more towards their lows of the session. the nasdaq just flipping into unchanged. on my bloomberg, i'm seeing it up a bit. we will have to check those numbers. init of a decline overall sentiment, which is already been poor. retail is continuing to be a part of that conversation, even though the overall retail sale

caroline: live from london, i'm caroline hyde.hing the european close on "bloomberg market." we are going to take you from new york to london to berlin in the next hour. here is what we're watching. the euro area economy grew slightly less than initially estimated in the first quarter. is it time to worry about the diverging economies in the region? betty: volkswagen continues to feel the pressure of its emissions scandal. forecasts.fit misses ireland's prime won aer enda kenny just second term last week.

i want to get to the stocks to watch with caroline hyde. has been watching vodafone, beating estimates. caroline: because he the stock pop up 1% or 2% on the open. watch for vodafone, organic revenue be estimates. we took out the mma story from this particular stock. there was much talk that it could team with liberty global. but at the moment, vodafone is looking like it could rise. . revenue fell within 3% they managed to pull in 41 billion pounds. and manages to grow its dividend per share annually. meanwhile, keep an eye on hugo barra. it is promoting its ceo. this cannot after the bell. o when i become the chief executive. we have seen the likes of the previous chief executive having to step down on the back of that. they left earlier this year on the back of the plunge in shares. an this new cfo bring boost to the shares in business? we could see a rise as much is 2%. finally, premier foods raises its sales outlook. without the u.s. company could be eyeing up premier foods. remember, it was the likes of mccormick, analyzing the maker o

caroline hyde i think i will be following you to berlin very shortly because it looks lovely. caroline: it is dreamy. it's been solid fun since i've arrived. would like to say it's down to me but i doubt it. overall it is sunny and we will see how the dax performs on the morning. >> have heard a rumor that you have a bicycle that we will talk about that later. arounde hyde pedaling berlin but we need more information. as you say, it's a lovely day in berlin. what's been happening in asia here is shery ahn. >> a mixed picture here in asia. lacking clear direction, japan giving up its earlier gain, it did manage to figure in positive territory. percent200 rose half a gaining for five consecutive days and we are also seeing surges in the philippines with more than a 3% rally for the second consecutive day after the declared victory in the presidential race. despite experts showing the declined more than 50%. a few minutes more to go for the shanghai composite getting hortense of a percent but the hang seng index declining half a percent. we are seeing chinese stock seeing a tough

let's get the details on what stocks we are watching with caroline hyde. line: let's dig in with the imap function on the bloomberg to show you what industry groups are on the move. because it is a risk averse, risk off sentiment right now, guy. the reason, the united states. they are worried the sales tax might not be halted, as was hoped. the united states is talking the talk when it comes to two or even three rate hikes this year. what does this mean in terms of the asset classes? does that still mean money going into equities? we still have the stoxx 600 up by .4%. materials are the worst performing, up by .8%. we can see across the board, banks are falling by 0.5%. risk of person with money -- risk aversion with money moving out of equities. moving on to the dollar. all of that talk about the prospect of rate hikes coming from dennis lockhart. dallas robert kaplan of thing we could see this sooner than expected. this is driving the dollar higher. this is the world currency ranker on bloomberg. every single currency is lower than the u.s. dollar. there

let's get some details with caroline hyde. : i want to dig straight into your imap function. this is where you get to see the sector breakdown. the stoxx 600, red across the board. down 3/10 of a percent, the worst performance of the i.t. sector. some downward trajectory for the consumer staples as well. we saw a bit of a growth spurt on friday. we ended in the green for the digestion ofn that woeful chinese data, missing estimates not only in retail but weo investment and, indeed, are seeing concerns about fixed asset investment and industrial production. good news bad news for the united states -- we saw a selloff in the equity market on friday because the retail sales numbers were just too good. does that mean a federal hike sooner than anticipated? we see money going into the dollar, and it could fall down a little bit. overall we are seeing dollar strength continue over the last three days. the bloomberg dollar index function, and it does show the path of strength we have seen as we start to anticipate fed rate hikes. mayb

i'm alongside caroline hyde. here is her morning brief. caroline: two federal reserve presidents.lly on the opposing sides. both make their case for another rate hike. the market likes to ignore the warning. the brexit battle. leavehe u.k. vote to the eu? sales asn in iphone the companies which is gear and puts millions of dollars into the uber rival, didi. a third day of losses on the stoxx 600. if we are going to be checking in, let's look at the tech industry group. let' l -- let's see how we are opening at the moment. we have a decline of .5% with the stoxx 600. but dax is up by more than one percentage point. by .3%.40 is down >> i have got the different industry groups on the stoxx 600 on the imap. it looks like commodity producers and materials are down .4%, they are the biggest losers, but we are seeing losses pretty much across the board. energy stocks are also down .7%, not a surprise given the oil price is slipping today, especially the u.s. crude falling from that six month high. let's look at some individual stocks. here what we have is the quarterly loss widening. th

caroline hyde has your morning brief. caroline: putting peace at risk.id cameron is set to escalate his campaign to the britain in the eu that warning isolationism could lead to convicts. is he going too far? has greece done enough? the finance ministers will hold an emergency meeting in brussels to decide if they can release more aid. and saudi's new oil minister. will khaled al-falih keep the pumps running at full speed to keep up the pressure on u.s. shale? as we head into the open, futures have been pointing higher across the board. germany is putting toward a higher start as well. keepe is some mma news to up on. we thought a bit of a mixed plate in asia. the shanghai composite fell, disappointing trade data from china. so, if we look at how europe is opening, we are seeing futures pointing higher. the majority is green on the industry groups on the stoxx 600. telecom stocks are actually leading the gains, up .3%. i will tell you more on that in just a second. we are of course, also watching oil, with wti holding above $45 a barrel. those are being

you are watching "on the move," right here in london alongside caroline hyde in berlin. moments away from the start of european trading, and carolyn has the morning brief. caroline: it's cut, cut, cut. credit suisse is restructuring its restructuring -- as exhilarating as restructuring. it says q2 is looking tough. easyjet revenue comes in below estimates. the low-cost carrier is well-placed to grow this year, they say. and miners in a hole down under. shares of slide in sydney as futures drop a crush asia. -- across asia. are we heading back to the january low? let's check it out where the futures are trading ahead of the market open. we're in the green across the got five seconds until the market open -- keep an eye on steelmakers, downgrading its forecast for profitability. looks like it could see a bump in credit suisse. we saw that bank posting a smaller loss than expected, and those cost cuts in the banking unit are starting to help. very change has the breakdown. nejra: thanks, caroline. we saw european stocks gain yesterday, shrugging off that data from china. we

": it is "the let's get to caroline hyde. : gains in government and consumer spending compensated for a slide in business investment in japan. exceeding all forecasts. the october to december quarter was revised to a 1.7% contraction, worse to the previous estimate. suzuki motor has said it has no need to correct the fuel efficiency values of its cars and it does not think it will affect earnings. their shares closed almost 12% lower in tokyo after they said -- they were said to have used an improper method for evaluating fuel efficiency. new prices client and 65 cities compared to 62 in march, and sales jumped to $152 billion. the chances of a brexit have fallen to 24% according to a survey and its panel of super forecasters. suggesting there is less uncertainty over opinion polls undershoot the probabilities forecasted by banks. news 24 hours a day powered by our 2400 journalists in more than 150 news bureaus around the world. francine: burberry shares lower the company, after reported a drop in earnings for the second year

fromoke to caroline hyde berlin. >> we don't know really what the impact would be. unwindingwhat of the u.k. from the eu would be. it would be significant and there are a lot of unknowns to that process. that is not reassuring to markets. what we do know is we are all better off with a strong transatlantic alliance. we're better off with a strong u.k. in the eu. is junethe referendum 23. saudi arabia will pump more oil. the ceo of saudi remco says they will have out what this year. they will boost capacity by 33% in the next couple of weeks. they are leaving opec -- leaving fight forns in the market share. i am taylor riggs. betty: thank you. credit squeeze shares are jumping -- credit suisse shares are jumping. the plant cost cuts may wind down unwanted assets at a faster pace. they are the second largest bank. check out this chart. this is the chart of the hour on your bloomberg right now. clicking on right now. see how those earnings were split in profitability. mark: it's a great chart. it says that international wealth management, these are the areas that are t

caroline hyde from london.

mark: earlier on bloomberg move with guythe johnson and caroline hyde. time to talk about superheroes. betty: star wars is your favorite, as well. earnings posting their after the bell. investors are looking into the future. secede bob iger as ceo? we will look at the candidates next. mark: i am mark barton in london with betty liu in new york. let's look at the biggest business stories in the news right now. kroger is holding a national hiring event to fill open jobs for its supermarkets chains including whelps and food 4 less. many are for part-time associates who bagged groceries, es, or ring up items at the cash register. the jobs are permanent. investment research for $12 million in cash to offer data analytics to institutional corporate private equity and venture capital clients. leucadia andjoin leave the operation. the deal is expected to close at the end of this month. amazon.com will let people post earns to its website and money from advertising and royalty. it puts it in more direct competition with google's youtube. it art he has its own ori

i'm guy johnson and i'm sitting next to caroline hyde.ave been hearing, it is "cut, cut, cut" for credit suisse. q2 is looking subdued. eeasy jet revenue came in below estimates. we will be speaking with ceo carolyn mccall shortly. and miners are in a hole. ware we heading back to those january lows? as i say, we are not 30 minutes away from the european open. going to takeopen us? let me take you to the bloomberg and show you where the fair value calculations point this morning. it looks like we will be a positive start in europe. the euro stocks is up by .6%. the with the 100 is up by .5%. by .5%.tse 100 is up it looks like the dax is going to outperform. i want to show you this as well. these are the future is out of singapore. this is a year chart. we have been sliding lower, but this morning we are trading at 51. the mining sector this morning, it will be an interesting one to see how londo opens off the back of big losses in australia. caroline: we have seen big losses continuing through the hang seng as well. we have been on track

we are counting you down to the european open; i'm guy johnson alongside caroline hyde in germany. this is what we are watching. as thelears her desk impeachment debate drags on in it now looksd clear that it will be her last day as president. what next for brazil? nissan and mitsubishi enter talks amid a fuel economy scandal, but will it really be in the driving seat? and the ble and brexit. the central-bank prepares for its last super thursday ahead of the referendum. we will bring you full coverage, live on bloomberg. so we are 28 minutes away from the start of the european trading. it looks likely will see a mildly negative start to the day. let me show you what's happening. this is the picture at the moment; you need to focus on his missed price column. london looks like it will be down around 3/10 of 1%. continental markets looking firmer. i would say probably that points to a flat story at the get-go. caroline: yeah. let's have a look at the asset checks we have on. i want to draw into what has been happening on the oil side, and what has been happening largely on the japane

i'm guy johnson, alongside caroline hyde in berlin putting peace at risk.e is escalated his campaign, by warning the isolationism will be to conflict. we have his speech live in 30 minutes. has greece done enough? finance ministers will hold

i am guy johnson alongside caroline hyde she is in berlin in this is what we're watching. on the job? the senate will vote on the brazilian president's impeachment later today. backing the block. goldman traders think that people are missed pricing the fed. and delivering on growth. deutsche

today i am alongside caroline hyde. what are we watching? reserve presidents, normally unopposed, make their case for a rate hike. is the market right to ignore the warning? the brexit battle. ireland be a winner or loser if they leave? and apple

we are counting you down to the european open; i'm guy johnson alongside caroline hyde in germany.are watching. as thelears her desk impeachment debate drags on in it now looksd clear that it will be her last day as president. what next for brazil? nissan and mitsubishi enter talks amid a fuel economy scandal, but will it really be in the driving seat? nd