mark cudmore joins us from singapore to take us through the market action this hour.trade is just less than an hour away. here are your top headlines. china concerns still dominate. the hang seng is a

mark cudmore is back with us in singapore to take us through all of the market action this hour.ade is less than one hour away. here are your top headlines. stocks shrug off monday's rout with the s&p 500 posting the biggest gain since march. asia and european futures track the rally higher. streaming slowdown. neli

i am anna edwards and mark cudmore joins us from singapore. the cash trade is just less than an hour away. top headlines. caution on china. beijing's crackdown pushes u.s. stocks to the biggest route in two decades and the hang seng continues to sink. splashing out on luxury. and number results. tesla drives the s&p 500 to another record as earnings top analysts' forecasts. it has just gone 7:00 here in london. work is -- mark is with us here from singapore. >> all the action is in asia this week. yesterday we saw the turmoil was in china and hong kong stocks. contagion did not spread. we did not get as much drama. and again today, the pain in hong kong and china continues. it is extending. it is interesting because earlier this year when chinese stocks were slightly higher, we saw the so-called intervention coming in. chinese stocks are down. and hong kong stocks are slumping again. there is a lot of pain in the sector. the contagion has not been wide or broad but i think that will change in coming weeks. >> we will get your thoughts on that

mark cudmore joins me in singapore to take us through all of the market action. the cash trade is less than one hour away. china drives market sentiment. the hang seng and yes i slump as beijing cranks down on education companies. traders are gearing up for more fed induced volatility amid rising virus cases. the s&p 500 hits another record on friday after strong corporate earnings but futures are now in the red. bitcoin surges amid short covering and speculation about amazon's potential involvement. we will talk for up to. good morning. welcome to the european market open. 7:00 in london. markets in singapore. good morning from london. what are the markets saying to you? mark: it has been a very exciting and volatile day in markets in asia, focused around china and some of the steps they are taking against some of their sectors there. h-shares were down the most in three years and that covers the full pandemic era and many other chinese indexes were down the most since july, the most in a year. there has been a slight rebound but not much of one. they are really

mark cudmore joins me in singapore. the cash trade is less than an hour away. headlines. growth concerns have snapped the seven-day winning streak for u.s. stocks and sent the 10 year yield to its lowest in four months.

mark cudmore joins us in singapore.ess than a half hour away -- less than an hour away. opec-plus in crisis. saudi arabia and the uae failed to resolve their differences, blocking a deal to boost output.

mark cudmore joins me in singapore to take us through the market action.s less than an hour away. reflation bets sour amid hawkish noises from the fed. officials single taper -- signal tapering could come sooner than expected. bloomberg learns the

mark cudmore joins us from singapore. the cash trading is less than one hour away.ll street. the s&p 500 sees its biggest back back gain in two months. the ecb holds the first policy

mark cudmore joins me in singapore to take us through all of the market action this hour.

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mark cudmore joins us in singapore. the cash trade is less than an hour away. u.s. inflation for june jumps the most since 2008. jay powell is set for a growing on capitol hill. jpmo

mark cudmore joins me in singapore to take us all the market action this hour. less than one hour away. here are your top headlines. crisis at opec-plus. saudi arabia stands firm among the uae's opposition to a deal. we hear from the energy ministers c

mark cudmore joins me in singapore. the cash trade is just less than an hour away.rkets. asian stocks follow the s&p 500 lower. some of the world's biggest asset managers stick to the reflation trade amid signs of recovery. taxation revolution. t

mark cudmore joins me in singapore to take us through all of the market action.e is less than one hour away. china drives market sentiment. the hang seng and yes i slump as beijing cranks down on education companies. traders are gearing up for more fed induced volatility amid

mark cudmore our managing editor joins us from singapore. cash trading is less than an hour away.s report today. the ecb warns excessive dividends for european lenders may be off the table. we will hear more abou

the ceo spoke to bloomberg's anna edwards and mark cudmore earlier today. >> we expect a reasonably good summer. we are operating at 90% of capacity level, and write it up to 100% in august. -- and anbang it up to 100% in august. -- and ramping it up to 100% in august. the unpredictable you are, we simply don't know the summer, but we will be seeing -- [indiscernible] dani: joining us as bloomberg's charlotte ryan. is my family back d.c. going to be able to come visit me here in london? is that the readthrough? charlotte: that is the readthrough. at the moment, they will be open -- they will be able to come and visit you if they have been vaccinated, but you won't be able to go the other way and visit them because the u.s. has still not allowed brits in, given the concerns of the delta variant. yes, this is some much-needed good news for the travel sector. alix: charlotte, appreciate that. i guess the question is, will the rules change overnight? thanks a lot. i don't know if i would let your family come over and risk that. we do have some breaking news. pfizer on their earnings call, th

mark cudmore joins us in singapore. cash trade is less than a half hour away -- less than an hour away. opec-plus in crisis. saudi arabia and the uae failed to resolve their differences, blocking a deal to boost output. boris johnson lays out plans to end social distancing. personal responsibility replaces legal restraint. plus the final stretch. the ecb zeros in on a compromise in its biggest strategy review in almost two decades. warm welcome to the program. market is with us from singapore -- mark is with us from singapore. mark: a very exciting day. it is not all about oil prices but we are very focused on that story. in asia, oil has been a little bit better. there are quite a few other themes going on. oil prices and the fact we have had hawkish news out of new zealand and the rba. bonds on the back foot. the dollar weaker. chinese equities suffer yet again. a number of different tangents going on. just now we have seen german factory orders. quite a big disappointment. hitting the kind of consensus european recov

mark cudmore joins me in singapore. the cash trade is less than an hour away. let's get to your top headlines. growth concerns have snapped the seven-day winning streak for u.s. stocks and sent the 10 year yield to its lowest in four months. progress on oil. positive signals after high-level talks with opec-plus. brent slides the most since april. a wise decision? payment firm wise shuns a traditional ipo as it goes ' londo.zs3,m kind in europe. 7:00 in london this wednesday morning. what is the market saying to you? mark: the markets in asia are very confused. kind of unbelievable what happened overnight. most particularly, the move in bonds was just crazy. in the asian session, bonds were weaker. yields rise. we had a narrative out of new zealand. treasury yields were creeping higher. i think the last couple of months, the moves in treasuries have rocked investors had made them a little bit nervous -- and made them a little bit nervous. mark: -- anna: let's get to the features picture. we are just an hour away from the start of trading. in terms of yesterday'

mark cudmore joins us in singapore. the cash trade is less than an hour away.ere are your top headlines. cpi surge. u.s. inflation for june jumps the most since 2008. jay powell is set for a growing on capitol hill. jp, morgan and goldman shares fall. today is, the turn of bank of america citi, and wells fargo. apple is looking to boost i pone outfit this year and planning a partnership with goldman on a buying out, pay later service. 7:00 in london. it is of course later than that and singapore. mark can tell us what is on his mind. good morning to you. mark: good morning. it's been a quiet day in asia from markets' point of view. probably the most sensitive point is the crypto space. the bloomberg crypto index set for its lowest close since february. overall, slightly risk-averse tone. there are a lot of stories. we are in shock about that inflation number in the u.s.. we have seen you can inflation, the same idea -- u.k. inflation, the same idea. we saw u.k. inflation come up, 2.5% year on year. month on month, .5% versus 0.2% expected. we are seeing it ever

mark cudmore joins us from singapore. the cash trading is less than one hour away. company earnings drive wall street. the s&p 500 sees its biggest back back gain in two months. the ecb holds the first policy meeting since overhauling its strategy. investors watch for any tweaks to christine lagarde's toolkit. we speak to the ceos of abb, and roche on this program. good morning from london, welcome to the european market open. 7:00 here in london. mark is with us from singapore. what are the markets saying to you? mark: it is follow-on sentiment from the incredibly strong sessions in the u.s. it is the same as yesterday, a big day in the u.s., so asia was positive. thursday morning has taken a risk on sentiment. we are very focused on asia, but that is an asian story, and in the european session we will focus to the ecb. anna: we will talk more about the ecb shortly. let me get to corporate earnings. helping us recover from the angst from monday. numbers from the consumer products giant here in the u.k. and netherlands. unilever sales up 5%. that is basically in lin

mark cudmore joins me in singapore. the cash trade is just less than an hour away. more virus concerns hit the markets. asian stocks follow the s&p 500 lower. some of the world's biggest asset managers stick to the reflation trade amid signs of recovery. taxation revolution. the world's richest nations meet in venice for an overhaul of corporate taxes. we are live on the ground. a china stock index in hong kong on the edge of a bear market amid beijing's crackdown on the tech sector. good morning, everybody. welcome to "the european market open." market is with us in singapore. he can tell us what is on his mind this morning. >> we are missing out on all the fun in markets. it seems like the slight risk aversion we have seen has been driven out of asia. has come from the didi story, from china talking about rrr cuts, it is coming from the delta variant which is having its main problems in many places in asia. and yet the action seems to be during the european session, the u.s. session. asia wakes up every morning like, what happened overnight? asia is wondering, wen

mark cudmore joins me in singapore to take us through the market action. the cash trade is less than an hour away. reflation bets sour amid hawkish noises from the fed. officials single taper -- signal tapering could come sooner than expected. bloomberg learns the ecb plans to raise its inflation target to 2% and allow room to overshoot when needed. more nikkei uncertainty. japanese media reports events in tokyo may have to take place without spectators. global pandemic deaths now top 4 million. it is just gone 7:00 here in london this thursday morning. mark, what are the markets saying to you? mark: good morning. there is a lot going on. it has been an exciting week. we are seeing classic risk aversion, not extreme, very broad, but very soft and mild. many stock markets are just off record highs, so it is not exactly any reason to panic. it is mainly focused around china today. there are expectations that there might be a rrr cut in china. that gives credence to the idea that the chinese economy is struggling a little more than people were thinking a whil

mark cudmore joins us from singapore to take us through the market action this hour. the cash trade is just less than an hour away. here are your top headlines. china concerns still dominate. the hang seng is a bear market, but global investors also await today's fed minutes. record sales slide post market. and it is a huge day for earnings in europe. we will bring in ceos from santa and their, wizz air, and dws. -- from santander, dws, and wizz air. our, what are the markets saying for you? mark: it has been a fascinating day in markets, even though the overall moves are not that large. there has been a lot of volatility many the surface. -- beneath the surface. all the focus in our region has been on china and hong kong, and those have been back and forth all morning. there has been a whipsaw sentiment and how to interpret this. we went into today with some of the local state media in china expressing positive statements about the market, and that was expected. when you combine that with the tech earnings that were quite positive yesterday, i think it is quite risky

mark cudmore joins me in singapore to take us through all of the market action this hour. here are your top headlines. we bring you our exclusive conversation with christine lagarde. her thoughts on that coming throughout the show. global corporate tax deals, that deal is done. she will press e.u. officials to reconsider tax plans. richard branson pulls off his long-awaited virgin galactic test flight as the space race heats up. good morning, everybody. just under one hour away from the start of cash equities trading here in europe. let's get a look at the futures, a picture of what we are expecting to see here in european equity markets or expectations on teachers markets. ftse 100 futures a little bit weaker. that's futures fairly flat. how is it monday morning already? possibly went to bed a little bit too late. my sympathies to anybody else in that situation. this is the picture on u.s. equity market futures and some to negative members coming through on u.s. equity market futures so that is the picture for us as we think about the night before and the celebrations no

mark cudmore joins me in singapore to take us all the market action this hour. cash trading is less than one hour away. here are your top headlines. crisis at opec-plus. saudi arabia stands firm among the uae's opposition to a deal. we hear from the energy ministers at the center of that spat. positive jobs data pushing the s&p 500 to its seventh record in as many days. u.s. stock and bond markets are closed for the independence day holiday today. china tech crackdown. beijing blocks a ridehailing company after its mega u.s. ipo, citing security concerns. it is now widening the probe to other firms. good morning, everybody. welcome to the european market open. it is monday morning. good morning. what are the markets saying to you? mark: there are a lot of exciting stories. there is the story with the ransomware attack in the u.s. and some soft services pmi data from across the region but most importantly, the opec-plus story which we have no resolution for and it is something investors need to be wary of. most likely, they will just reach some kind of agreement

mark cudmore our managing editor joins us from singapore. cash trading is less than an hour away. big bank earnings keep up, jp morgan goldman sachs report today. the ecb warns excessive dividends for european lenders may be off the table. we will hear more about bank evidence and the bank of england. the latest financial stability report drops shortly. plus, u.k. scientists warn the country could see as many as 200 deaths a day at the next virus peak. in france, macron says vaccinations will be compulsory. welcome to the european market open. mark is with us from singapore. what are the markets saying to you? mark: in a macro sense it was a quiet day. we have no clear themes. yields were quiet, fx quiet. asian stocks generally positive. hang seng and tech stocks were leading the way. as a story of approval, tencent boosted its move. and a rebound after pain in chinese stocks recently. that was one of the main micro stories. it is anticipation for what comes ahead. we have u.s. bank earnings and the important u.s. report today. anna: we will focus on the cpi report. we are getting

this morning i am joined by our markets live editor in singapore, mark cudmore, who is with us as usuala little bit later, because of the conversation with the ceo of credit suisse. let me mention what has been going on in terms of these markets. the fed obviously in focus. take us through the gmm and what stands out to you. mark: it is a risk on session in asia, the first we have seen this week. my colleague put it best when she said the fed did not talked about and beijing hams the waters. that is the messaging we got. a lot of messaging out of the last 24 -- and a lot of messaging in the last 24 hours out of beijing saying this is about a targeted move, providing a lot of relief to the markets. we also have the fed, which kind of threaded the needle of messaging perfectly. we have seen the dollar slightly softer, asian currencies stronger. all the asian equity markets higher. all asian currencies stronger across the board. we are also seeing yields come a little bit lower in asian bonds, and finally the commodities picture is a little mixed. overall, generally a risk on session from

mark cudmore is back with us in singapore to take us through all of the market action this hour. the cash trade is less than one hour away. here are your top headlines. stocks shrug off monday's rout with the s&p 500 posting the biggest gain since march. asia and european futures track the rally higher. streaming slowdown. netflix forecasts another period of sluggish growth despite a second-quarter beat on subscribers. the stock recovers after an initial slump. plus a busy day for earnings in europe. we speak to the ceo's. all of that coming up just this hour. a very warm welcome to the european market open. it is later than that in singapore. mark is with us once again from singapore and he can tell us what is on his mind this morning good morning to you. mark: -- his mind this morning. good morning to you. mark: i go away for a few days and i come back and it has all gone crazy. probably my biggest take away is a slump in oil prices. the move in yields is starting to rebound but equities have gone nowhere to overall, the session in asia was quiet as people process those big thr