jane foley with us from rabobank .ny kapoor will be with us, angela merkel going to brussels on thursday with a hugely righteous domestic german politics. we will talk to sony kapoor about that. stay with us worldwide, this is bloomberg. ♪ taylor: that get to the businessflas, bmw warning of a pullback. automaker says the ongoing uncertainty over negotiations is not helpful. customs arrangements are a cause of concern. ceo said is not considering moving production out of the country. irish banks are said to be forced to hold mode -- more capital to cope with the economic downturn. is country's central bank leaning toward increasing the so-called countercyclical capital buffer from your percent in the coming months with a -- from 0% in the coming months. introduced, it has meant to guard against boosting lending n booms.s -- i guy: the german chancellor meeting with leaders of other parties in the coalition government later today as she tries to get an eu-wide agreement. international the think tank re-define is with us

with me is jane foley, senior foreign exchange strategist at rabobank.hington post starts with donald trump's decision to reverse that order, ending his policy of separating families at the border after an international outcry. indeed it does, and the thing that shocked me — the pictures were extremely shocking, but then we heard about the numbers. this is the washington post and it says that, since last month, 2342 children have been separated from their parents. the sheer numbers are enormous. this paper also goes on to discuss — it might be quite difficult for the government now to house the children together because they really work have the facilities. there might have the facilities. there might have to be changes to the laws to find beds for them. it's not clear what is going to happen to those children who've already been separated. an unusual climbdown for president trump. yes, it is, and he states that this is a difference between being weak and strong, and we've all seen enough of trump to know he wants to portray the image ofa know he wants t

with me is jane foley, senior foreign exchange strategist at rabobank.ternational outcry. indeed it does, and the thing that shocked me — the pictures were extremely shocking, but then we heard about the numbers. this is the washington post and it says that, since last month, 2342 children have been separated from their parents.

with me is jane foley, senior foreign exchange strategist at rabobank.re? quite clearly, anyone working in the city wa nts reassu ra nces clearly, anyone working in the city wants reassurances but forgot to consider it on the european perspective, they see it as an opportunity to claw back business into europe. their point of view is, dominated in euros, it‘s related to the european union. if the uk is outside, why should uk see this business. it would be nice to see reassurances. that is not necessarily going to be what happens. we really do need to hear what the europeans are willing to make. the clock is ticking as ever. what is the view from the city in terms of how things are going. the companies and banks need to make moves into the future. as you said, before you came on air, your bank only employs 600 people but whatever they decide, rather bank will be reflective of what everybody else besides. with hammond and potentially with may, this was some of the larger banks and finance tool —— finance or —— financial institutions, looking for reassuranc

joining us is jane foley from rabobank. senior currency strategist, lovely to see you.ng at the markets in europe with ben, and it's looking like a strong close in asia, japan and hong kong and elsewhere. i'm nervous, how do you feel? i think the markets are looking back today, because they had better data on friday from the us. the payroll was released for the previous months, and only official data we get is from previous months. looking ahead, this is where we worry looking ahead, this is where we woi’i’y more looking ahead, this is where we worry more about the trade outlook, not just from the us, worry more about the trade outlook, notjust from the us, but this is a global situation. also in europe. today we had turmoil in europe because of the politics, in italy and spain, and it seems some of those fiscal cracks have been opened again. we had wallpaper over them because we had strong growth that diverted attention, but those cracks are beginning to show again. there isa are beginning to show again. there is a lot to worry on that in the months ahead. i touched on