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Jun 16, 2017
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as well as tom keene. mark: have a look at what european equities are trading, 60 minutes away from the end of today's session. we start with the stoxx 600 individual movers within the retail sector, i think you understood what i was saying, retail worst-performing, industry groups say look at the big presence in the united states is the result of the belgian and dutch merger, 8% lower today. a big presence in the united states. 4.5%, andrea says it's a double-edged sword. could it be a target of amazon in the future? is it going to be hit hard because they are in the same space? that's a fascinating chart. we are talking about deflation and today, inflation in the u.k., food space. this is cpi and the eurozone, which is slowing, which paints a picture of the ecb president mario draghi has been painting that there's no rush to change its stance on monetary policy, even if it's tweaking of language. that's the latest on the markets. this is bloomberg. ♪ vonnie: live from bloomberg world headquarters in new
as well as tom keene. mark: have a look at what european equities are trading, 60 minutes away from the end of today's session. we start with the stoxx 600 individual movers within the retail sector, i think you understood what i was saying, retail worst-performing, industry groups say look at the big presence in the united states is the result of the belgian and dutch merger, 8% lower today. a big presence in the united states. 4.5%, andrea says it's a double-edged sword. could it be a target...
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Jun 8, 2017
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i am tom keene. all of us have strict rules on the united kingdom when the polls are open. . tom: i wish we did that in the united states of america. what a newsday. 's attempts to pressure james comey on the russia investigation are being called wrong and the dumb, but probably not illegal. his interactions with the former fbi director do not constitute of structure of justice. call mean's opening statement was released yesterday. at can watch his testimony 9:40 a.m. eastern time. way in thender country's second general election. almost 47 million people are registered to vote. in to our one-hour special at 5:00 p.m. eastern time. another provocation by north -- kimnd kim jong and jong un. north korea has conducted 10 missile tests this year. hurt.s finances could be that is according to s&p global ratings. saudi's, uae, bahrain, and egypt have cut diplomatic accusing qatar of backing islamic extremist. i am taylor riggs. this is bloomberg. equities, bonds, commodities, quiet. oil cratering yesterday off belowory data, brent way 50. 46.14. a tepid bounce on oil. no big mark
i am tom keene. all of us have strict rules on the united kingdom when the polls are open. . tom: i wish we did that in the united states of america. what a newsday. 's attempts to pressure james comey on the russia investigation are being called wrong and the dumb, but probably not illegal. his interactions with the former fbi director do not constitute of structure of justice. call mean's opening statement was released yesterday. at can watch his testimony 9:40 a.m. eastern time. way in...
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Jun 23, 2017
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exclusive, go into the bloomberg and you see tom keene and you still his charts for free. ult question to ed, who will be glad to answer it next. this is bloomberg. ♪ ♪ tom: the single best ed hyman chart, we will redux what we just did. it is so important, off the great work of the stanford dean down we go toys, an exceptional 315% unemployment rate. the forecast of edward s hyman. francine: i just want to hear more about 3.5% unemployment by next year. it took you by surprise, i want .o hear more from ed where industries that will lose the most jobs? earlier we looked at the unemployment claims, if you remember that chart down so much. the unemployment rate in unemployment claims stack up closely. the employment claims are the ticket to why i think unemployment is going to come down to 3.5%. the places that jobs are being created in health care, higher education, the tech space, and then sports and entertainment. those of the places where local economies are being driven. claims chart is extraordinary. this is claims adjusted for population growth in america. it really ta
exclusive, go into the bloomberg and you see tom keene and you still his charts for free. ult question to ed, who will be glad to answer it next. this is bloomberg. ♪ ♪ tom: the single best ed hyman chart, we will redux what we just did. it is so important, off the great work of the stanford dean down we go toys, an exceptional 315% unemployment rate. the forecast of edward s hyman. francine: i just want to hear more about 3.5% unemployment by next year. it took you by surprise, i want .o...
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Jun 16, 2017
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i am tom keene and in london is francine lacqua. involved with it. you have been near the tower. it has not stopped. it is so sad. francine: it is sad. anger is growing. know so far that 17 people have been confirmed dead but it could rise to more than 100. we understand from firefighters and people on the ground that you could be able not to recognize some of the people who died in the blast. this morning, more more news of does green felt how were -- greenfell tower's materials were not allowed in the u.s. here is taylor riggs. taylor: starting with russia as they may have killed a leader of the islamic state. they said are verifying that al-baghdadi was killed late last month in an airstrike and the de facto capital of syria. other commanders are said to have died. if it is true, killing al-baghdadi would be a military success for russia. the pentagon is taking steps to break the stale cake -- stalemate in afghanistan. hastop american commander said he does not have enough forces to help afghan troops stop the taliban. the specia
i am tom keene and in london is francine lacqua. involved with it. you have been near the tower. it has not stopped. it is so sad. francine: it is sad. anger is growing. know so far that 17 people have been confirmed dead but it could rise to more than 100. we understand from firefighters and people on the ground that you could be able not to recognize some of the people who died in the blast. this morning, more more news of does green felt how were -- greenfell tower's materials were not...
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Jun 14, 2017
06/17
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i am joined by my cohost tom keene and michael mckee. gentlemen, my initial thoughts are the economic data we got this morning was interesting, critical data that moved in the wrong direction. bondl sales and court cba, debt and core cpi, does it give the fed reason to adjust its characterization of the economy? michael: i would say the same thing. based on the way the market is set up and the death and what the fed has said going to the meeting, you figure they will still go ahead with a rate move but it raises questions about their forward guidance. wouldonomic projections indicate one more rate increase but when you get to september, if we still see disinflation and weak consumer spending, do they really want to go ahead question mark they will have a debt limit debate underway in the possibility of a government shutdown. it may change what they say about what will happen going forward the rest of the year. what will they say about the balance sheet. tom: i agree with that. i agree with the idea that the date it was a shock today. thi
i am joined by my cohost tom keene and michael mckee. gentlemen, my initial thoughts are the economic data we got this morning was interesting, critical data that moved in the wrong direction. bondl sales and court cba, debt and core cpi, does it give the fed reason to adjust its characterization of the economy? michael: i would say the same thing. based on the way the market is set up and the death and what the fed has said going to the meeting, you figure they will still go ahead with a rate...
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Jun 22, 2017
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i am tom keene in new york. matt miller is in brussels with the prime minister.iggs. taylor: two of president trump's cabinet secretary's are ignoring his recent tweet. they say china still has a crucial role in pressuring kim jong-un to give up the nuclear program. some administration advisers want to replace janet yellin when her term expires in february. that is according to two administration officials that say the trump administration want their own person. one official says president trump likes janet yellin and feels no sense of urgency in the matter. lowest -- lower interest rates as early as next year. , thenetary policy wise seeing potentially another couple of increases this year, but they are starting to predict the interest rates are going down. inflation rates is expected to slow to less than 4% in two dozen 18. parliament can hold a no-confidence vote on jacob zuma in secret. the speaker of parliament had said she did not have the power. the opposition filed a no-confidence motion -- after he fired the finance minister. that led firms to downgrade
i am tom keene in new york. matt miller is in brussels with the prime minister.iggs. taylor: two of president trump's cabinet secretary's are ignoring his recent tweet. they say china still has a crucial role in pressuring kim jong-un to give up the nuclear program. some administration advisers want to replace janet yellin when her term expires in february. that is according to two administration officials that say the trump administration want their own person. one official says president...
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Jun 1, 2017
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tom keene in new york.top corporate executives are pushing president trump to keep pariss. in the landmark climate change record. he announces his decision today at 3:00 p.m. he is leaning toward walking away from the deal. among those appealing the u.s. to stay on board, apple, elon musk. central bank can raise interest rates four times this year if the economy gets sterner. he says the next big step for the fed will be to reduce the size of its balance sheet. that's likely to happen later this year. security and terrorism continues to be a big issue for world leaders at a time of changing dynamics. hadralia's prime minister this to say on intelligence cooperation and the global terror threat. >> asia the americas australia. the sharing of intelligence not just between the five eyes but between all nations committed is more important than ever. >> global news .4 hours a day powered by more than 2600 journalists and analysts in more countries. tom: it is st. petersburg. not florida, st. petersburg russia. t
tom keene in new york.top corporate executives are pushing president trump to keep pariss. in the landmark climate change record. he announces his decision today at 3:00 p.m. he is leaning toward walking away from the deal. among those appealing the u.s. to stay on board, apple, elon musk. central bank can raise interest rates four times this year if the economy gets sterner. he says the next big step for the fed will be to reduce the size of its balance sheet. that's likely to happen later...
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Jun 7, 2017
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i thought i would take advantage of this and dazzle tom keene. never too many lines, tom.omestic companies. these could be the losers if jeremy corbyn wins. and then this one, these are the losers of theresa may wins. and a lot of them are global companies because of brexit, and then utilities. do you like that? getting cap from the stock market point of view what the election -- it encapsulates from the stock market point of view what the election could mean. tom: those are shy charts. francine: the haven trade ahas eased a little bit this morning with the goal tries softening slightly. -- with the gold price softening slightly. u.k.row we have the general election, the testimony of james comey, and the ecb. joining us now is rupert harrison. he is also a little bit of a political expert because he was a former political advisor. we need to take a bet. you either say treasuries are right and there is something ugly happening, for we are in an upward trend. where do you stand? >> idle don't think there is such a big divergence between the two. the big bnenews has been on i
i thought i would take advantage of this and dazzle tom keene. never too many lines, tom.omestic companies. these could be the losers if jeremy corbyn wins. and then this one, these are the losers of theresa may wins. and a lot of them are global companies because of brexit, and then utilities. do you like that? getting cap from the stock market point of view what the election -- it encapsulates from the stock market point of view what the election could mean. tom: those are shy charts....
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Jun 14, 2017
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. ♪ scarlet: i'm here with tom keene . we want some final thoughts. the most important guy today for me is joe weisenthal. phd, the guy with a pink t-shirt is janet yellen's biggest headache. >> more than anything else, you presented as a joke, but i thought it was striking that at least two times, janet yellen brought up the disinflationary impulse coming out of the wireless industry. i do not know whether it is real or not, but it struck me that she clearly does not believe inflation will remain depressed and found a few compelling pieces of evidence in her view that this was not a permanent state of affairs. >> i thought the questions were quite good heard what struck you in the room? what was one thing that stood out over that our, the 58 minutes? >> think she kept coming back to us the disinflationary impulse we have seen are transitory, one offs. they expect inflation to rise back to were the 2% target, which gives them a reason to keep going with the tightening path that they are on. that point was made over and over again. >> this will keep it
. ♪ scarlet: i'm here with tom keene . we want some final thoughts. the most important guy today for me is joe weisenthal. phd, the guy with a pink t-shirt is janet yellen's biggest headache. >> more than anything else, you presented as a joke, but i thought it was striking that at least two times, janet yellen brought up the disinflationary impulse coming out of the wireless industry. i do not know whether it is real or not, but it struck me that she clearly does not believe inflation...
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Jun 14, 2017
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from new york, i am tom keene. and it went down in flames with jeff sessions. it was terrible. francine,ow was -- how is jeff sessions playing in london? francine: there is so much going on in europe politics, i doubt any politician in the u.k. will look stateside for entertainment. a are looking at their home market and say what do the tour is -- tory party need to do. distracted is the most diplomatic way of putting it. tom: someone from scotland publishing a letter to the prime minister. betweenever seen a gap london and washington like we have right now. let's get to the first word news. difficult news. >> in london, multiple deaths reported in a fire that raced through a 24 story apartment building with survivors who escaped say that heard resident screaming for help and say some jumped from their apartments. more than 200 firefighters on scene and the london fire commissioner says there are a number of unknown depths. at least 50 people have been taken to hospitals and witnesses say the fire appeared to have
from new york, i am tom keene. and it went down in flames with jeff sessions. it was terrible. francine,ow was -- how is jeff sessions playing in london? francine: there is so much going on in europe politics, i doubt any politician in the u.k. will look stateside for entertainment. a are looking at their home market and say what do the tour is -- tory party need to do. distracted is the most diplomatic way of putting it. tom: someone from scotland publishing a letter to the prime minister....
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Jun 20, 2017
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we will continue in the next hour with tom keene and myself.. ♪ francine: brexit battle. round one goes to the eu as the chancellor of the exchequer and bank of england governor warned of a tough path ahead. mark carney's dovish tones. the fed fortifies the bank. and francine lacqua bruised. the bank and four former executives are charged with conspiracy to commit fraud. this is "bloomberg surveillance ." i'm francine lacqua in london with tom keene in new york. we have a lot of market moves. i know you are looking at the dollar and i am looking at the pound. tom: it is extraordinary. handel. the 1.26 we will have an important chart on that. francine: let's sister to the bloomberg first word news. reporter: prosecutors in the u.k. have charged barclays and four former executives with conspiracy to commit fraud. the case involves millions in fees paid to investors in qatar during the financial crisis. among those charged, john varley, roger jenkins, ex-deputy head of investment banking richard boath, and thomas kalaris. the market does not seem
we will continue in the next hour with tom keene and myself.. ♪ francine: brexit battle. round one goes to the eu as the chancellor of the exchequer and bank of england governor warned of a tough path ahead. mark carney's dovish tones. the fed fortifies the bank. and francine lacqua bruised. the bank and four former executives are charged with conspiracy to commit fraud. this is "bloomberg surveillance ." i'm francine lacqua in london with tom keene in new york. we have a lot of...
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Jun 12, 2017
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i'm tom keene. francine lacqua in frankfurt with a very important set of interviews. kfurt? francine: beautiful and sunny frankfurt, tom. we are a couple of steps away from the new european central bank holding were i spoke extensively to benoit coeure. the market wants to know when they will start tapering. very good. we will have a conversation for you. i am a huge fan of a monday briefing with first word news with taylor riggs. taylor: and the u.k., the foreign minister is saying for those to get a grip, calling for calm after last week's disastrous election. angryets today with lawmakers who blames her for losing the majority in parliament. it is a showdown that could conclude her time in power. in france, voters have given a resounding victory to emmanuel macron's-year-old party. it -- if the result hold up, macron's back hours are expected to when and then 55 of the 570 seats in the lower house of parliament will put mccrone and a strong position to enact his pro-business agenda. in the u.s., president trump may postpone a plan after backlash over his remarks abo
i'm tom keene. francine lacqua in frankfurt with a very important set of interviews. kfurt? francine: beautiful and sunny frankfurt, tom. we are a couple of steps away from the new european central bank holding were i spoke extensively to benoit coeure. the market wants to know when they will start tapering. very good. we will have a conversation for you. i am a huge fan of a monday briefing with first word news with taylor riggs. taylor: and the u.k., the foreign minister is saying for those...
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Jun 19, 2017
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tom keene, in new york.vents, we have to look at politics as theresa may's power is ebbing away. almost an exhausted united kingdom. it does not seem to end. there is no other way to put it. firstne: let's get to word news. taylor: there has been another attack in london. vantly after midnight, a plowed through a crowd of people. at least one person is dead and 10 others are injured. the van's driver said he wanted to kill muslims. finally opened today, almost a year after the u.k. voted to leave the european union. bid to strengthen her hand by calling an election backfired. macron's, emmanuel political movement has won a large majority in parliament. track torters are on win about 360 of the 577 seats in the national assembly. voter turnout was the lowest ever for a french parliamentarian election. the u.s. navy is promising an investigation of the collision that killed seven sailors a poor -- sailors aboard its destroyer. to keep had to struggle the ship afloat. global news, 24 hours a day, powered by mor
tom keene, in new york.vents, we have to look at politics as theresa may's power is ebbing away. almost an exhausted united kingdom. it does not seem to end. there is no other way to put it. firstne: let's get to word news. taylor: there has been another attack in london. vantly after midnight, a plowed through a crowd of people. at least one person is dead and 10 others are injured. the van's driver said he wanted to kill muslims. finally opened today, almost a year after the u.k. voted to...
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Jun 13, 2017
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i'm francine lacqua in london with tom keene in new york. markets and the u.k. and theresa may. we are looking at the fed tomorrow, as well as u.k. inflation. tom: i like the idea of getting back to something concrete. overnight, a lot of news out of washington. kevin cirilli will join us as well. sessions' testimony jumped at us, coming out of nowhere almost. francine: yes, just like that, we do have a little bit of data out of germany. investor expectation much he will estimates. -- much below estimates. and the interview i will be watching out for, the 12:00 exclusive with the german finance minister. first let's get straight to the bloomberg first word news. reporter: prime minister theresa may bought herself some time with conservative party lawmakers that are angry over the election. may told them she look at the party out of the mess and a signaled she will rethink our approach to brexit. she meets today with the head of northern ireland's democratic unionist party. she needs their vote to prop up her minority government. a few hours f
i'm francine lacqua in london with tom keene in new york. markets and the u.k. and theresa may. we are looking at the fed tomorrow, as well as u.k. inflation. tom: i like the idea of getting back to something concrete. overnight, a lot of news out of washington. kevin cirilli will join us as well. sessions' testimony jumped at us, coming out of nowhere almost. francine: yes, just like that, we do have a little bit of data out of germany. investor expectation much he will estimates. -- much...
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Jun 2, 2017
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i am tom keene. electorally turmoil in london. headlines on the ghost of an election from 2015.er may's midday lunch? francine: we need to wait for the new polls. a quickie comment that depending comment that depending on what you look at it is a different picture. it goes back to expenses from 2015. what surprised me, and a lot people watching the u.k. election, is the crown prosecution, an institution that is independent, said we are investigating this person from 2015, a tory party from parliament. then they came out said this is politically motivated. this election feels different to anything we have seen before. they're weighing the prospect of theresa may winning the election next thursday. shakespearean drama in francine lacqua's london. american business leaders firing back at president trump's decision to walk away from the paris climate accord. lloyd blankfein took to twitter for the first time calling the president's decision a step back for the environment and u.s. leadership in the world. iger and elon musk announced they were resigning from a presidential jobs pane
i am tom keene. electorally turmoil in london. headlines on the ghost of an election from 2015.er may's midday lunch? francine: we need to wait for the new polls. a quickie comment that depending comment that depending on what you look at it is a different picture. it goes back to expenses from 2015. what surprised me, and a lot people watching the u.k. election, is the crown prosecution, an institution that is independent, said we are investigating this person from 2015, a tory party from...
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Jun 9, 2017
06/17
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bloomberg "surveillance" continues with tom keene.to pimco, harris associates and blackrock. ♪ ♪ miscalculation, the u.k. heads for a whole parliament as the snap election backfires. corbyn has called for her to resign. the tory leader will speak and an hour. she promised strong and stable but could we get a soft brexit? sterling slides amid the uncertainty that u.k. stocks rise with all site -- multinationals taking advantage of the weaker pound. this is bloomberg "surveillance ," i am francine lacqua in london. it has been quite a night, quite an unexpected night. there is a lot of things that can happen. we need to look at markets but also a couple of coalitions. this is the data, dollar rising, oil climbing. it is clear the u.k. vote is sinking the pound. couple of things when you look at what market expectation is and there may be a red herring in people think, brexit will be softer because of this vote and maybe we will not get a brexit. when you speak to market participants, they think it is extremely unlikely. much to talk abo
bloomberg "surveillance" continues with tom keene.to pimco, harris associates and blackrock. ♪ ♪ miscalculation, the u.k. heads for a whole parliament as the snap election backfires. corbyn has called for her to resign. the tory leader will speak and an hour. she promised strong and stable but could we get a soft brexit? sterling slides amid the uncertainty that u.k. stocks rise with all site -- multinationals taking advantage of the weaker pound. this is bloomberg...
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Jun 27, 2017
06/17
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i am tom keene. with me, francine lacqua.vernor carney with two different headaches. andcine: similar headaches that inflation is going nowhere, but mark carney also has to deal with brexit. it is actually smaller event expected -- these are live pictures from the bank of england. he is just welcoming reporters. let's have a listen. >> over the past eight years, that resilience has been increased. capital ratio for major u.k. banks, they are at 15 point 7%. losses that would have wiped out the entire basis of the banking system in the crisis can now be fully absorbed by bank capital buffers alone. the job is never done, though, and risks are always evolving. that is what has motivated the actions today. the fcc judges that the overall level of domestic risk is now at the standard level. most financial stability indicators are neither orticularly elevated subdued. there is talk of risk of that warrants extra vigilance. consumer credit has been increasing rapidly. lenders may be placing undue weight on the recent performance of
i am tom keene. with me, francine lacqua.vernor carney with two different headaches. andcine: similar headaches that inflation is going nowhere, but mark carney also has to deal with brexit. it is actually smaller event expected -- these are live pictures from the bank of england. he is just welcoming reporters. let's have a listen. >> over the past eight years, that resilience has been increased. capital ratio for major u.k. banks, they are at 15 point 7%. losses that would have wiped...
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Jun 5, 2017
06/17
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tom keene is in new york.out the implications of these terrorist attacks without losing the human component, but on markets and of course, on the general election, which happens three days from now. edwards,a and anna helping out this morning. francine: we will talk about the u.s. economy and those jobs figures from last friday. let's get straight to the bloomberg first word news. reporter: starting in the u.k., the political truce after the london terror attack's. theresa may and jeremy corbyn ramped up the rhetoric before thursday's election. they argue there is too much tolerance, calling for a series of new measures. jimmy korman criticized theresa may for cutting police budgets. less than 24 hours after the attack, a benefit concert for victims of the terrorist attack there. it was headlined by ariana grande. two weeks ago, she had just finished a concert a manchester when a bomb exploded, killing 22 people. saudi arabia isolated qa tar. the saudis, bahrain, the uae, and egypt have cut diplomatic ties wit
tom keene is in new york.out the implications of these terrorist attacks without losing the human component, but on markets and of course, on the general election, which happens three days from now. edwards,a and anna helping out this morning. francine: we will talk about the u.s. economy and those jobs figures from last friday. let's get straight to the bloomberg first word news. reporter: starting in the u.k., the political truce after the london terror attack's. theresa may and jeremy corbyn...
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Jun 28, 2017
06/17
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i am tom keene. guy johnson. looking at "the telegraph" is simon kennedy's work. party this morning? guy: hmm -- tom: nobody knows? that is the problem. nobody knows which way it will go. there is clearly a factional debate taking place and i have no idea how it will unwind. tom: that is a fair answer. with our bloomberg first word news, taylor riggs. taylor: on capitol hill, the stage is set for serious few weeks of lobby and on the bill to replace health care. senator mitch mcconnell decided to delay a vote after it became clear he did not have enough support to pass it. there is opposition from both moderate and conservative republicans. fed officials are ramping up after what chair yellen called somewhat rich asset prices. she said the valuations have risen noticeably. critics have worried the fed easy money policy could lead to a financial bubble. prime minister theresa may gauge is the first test of her minority government power. jeremy corbyn will attest the forth ad will put motion asking for it and -- for an end to cuts. the ransomware is hitting asia. th
i am tom keene. guy johnson. looking at "the telegraph" is simon kennedy's work. party this morning? guy: hmm -- tom: nobody knows? that is the problem. nobody knows which way it will go. there is clearly a factional debate taking place and i have no idea how it will unwind. tom: that is a fair answer. with our bloomberg first word news, taylor riggs. taylor: on capitol hill, the stage is set for serious few weeks of lobby and on the bill to replace health care. senator mitch...
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Jun 14, 2017
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i am joined by my cohost tom keene and michael mckee.my initial thoughts are the economic data we got this morning was interesting, critical data that moved in the wrong direction. retail sales and court cba,
i am joined by my cohost tom keene and michael mckee.my initial thoughts are the economic data we got this morning was interesting, critical data that moved in the wrong direction. retail sales and court cba,
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Jun 29, 2017
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tom keene is in new york. we have had a couple fewer questions for peter hooper. this person asks are central wholebound to manage the yield curve going forward in order to maintain their credibility and capacity to react to any shock sometime later in the future? certainly with their action in balance sheets they do have some control over the yield curve both long and and short end. not total control by any means. if inflation begins to take off things could get away from them a little bit. i think you are for the time being seeing central banks work out the yield curve and the slow process of normalization of -- of balance sheet is driven in part by their wish not to have a major effect for the time being at the long end. a real mystery to it. it's original territory. in the background is the fed funds target rate. recently we adjusted for inflation and the shocking 10 year moving average of the real fed funds rate has come down and down and the conundrum, five to seven years ago is this movement to negative real funds rate. they desperately want to nudge this i
tom keene is in new york. we have had a couple fewer questions for peter hooper. this person asks are central wholebound to manage the yield curve going forward in order to maintain their credibility and capacity to react to any shock sometime later in the future? certainly with their action in balance sheets they do have some control over the yield curve both long and and short end. not total control by any means. if inflation begins to take off things could get away from them a little bit. i...
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Jun 21, 2017
06/17
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tom keene and i will be talking to andrew sentance about brexit. om is extremely excited about the queen's speech. today,the big story global stocks retreating, the yen is retreating. supply -- we are looking at shanghai after it got included in the msci index. this is bloomberg. ♪ francine: the queen's speech. domestic politics are expected to take a backseat. from one crown to another. saudi arabia's mohammed bin salman al saud replaces his cousin as heir to the throne. and kalanick out. uber's ceo resigned during the controversy. this is "bloomberg surveillance ." i'm francine lacqua in london and tom keene is in new york. it will be a is the day. markets and at the there is clear risk reversal, and of course, we look at brexit and the queen's speech. tom: we have the saudi news behind the oil news. the queen's speech, it's extraordinarily original, this day for the united kingdom. francine: it is original because it is a dressed down queen's speech. we know she will arrive in parliament by car, not in a horse-drawn carriage. it is not only about
tom keene and i will be talking to andrew sentance about brexit. om is extremely excited about the queen's speech. today,the big story global stocks retreating, the yen is retreating. supply -- we are looking at shanghai after it got included in the msci index. this is bloomberg. ♪ francine: the queen's speech. domestic politics are expected to take a backseat. from one crown to another. saudi arabia's mohammed bin salman al saud replaces his cousin as heir to the throne. and kalanick out....
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Jun 6, 2017
06/17
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tom keene is in new york. .k.have to talk qatar, the u election, and a couple market moves. on, people are transfixed on thursday, much like the united kingdom. francine: thursday, there is the jim comey testimony, the ecb, and the u.k. testimony. let's get straight to the bloomberg first word news. reporter: and the u.k., less than 48 hours before voting begins. theresa may will send foreign minister boris johnson to the northeast of england today, the areas that voted to leave the european union. johnson will say that only may can get brexit right. meanwhile, jeremy corbyn will try to shore up his support in working-class areas, warning about may's plan. tim cook says the company helped british officials investigate terror attacks. cook spoke to bloomberg's emily chang. tim: in cases where we have had information and they have gone through the lawful process, we not just give it, but we do it very promptly. reporter: law enforcement officials have criticized apple for the high privacy standards. the ruler of kuwait is trying to resolve the dispute between qatar and a group
tom keene is in new york. .k.have to talk qatar, the u election, and a couple market moves. on, people are transfixed on thursday, much like the united kingdom. francine: thursday, there is the jim comey testimony, the ecb, and the u.k. testimony. let's get straight to the bloomberg first word news. reporter: and the u.k., less than 48 hours before voting begins. theresa may will send foreign minister boris johnson to the northeast of england today, the areas that voted to leave the european...
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Jun 22, 2017
06/17
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francine lacqua will be joined by tom keene. we will be tough you about radio as well.s and i will be taking to the airwaves on bloomberg radio. matt in brussels will have a busy day. what are they going to be talking about over dinner tonight? theresa may is going to have an interesting dinner, i think. the question is, at the end of all of this, who pays the bill? this is bloomberg. ♪ francine: today, prime minister theresa may travels to brussels, where she could face her first brexit row with the leaders. she will outline how she plans -- salman'shammad bin anointment. he answers questions about the country's direction. too much oil. crude holds it slide. good
francine lacqua will be joined by tom keene. we will be tough you about radio as well.s and i will be taking to the airwaves on bloomberg radio. matt in brussels will have a busy day. what are they going to be talking about over dinner tonight? theresa may is going to have an interesting dinner, i think. the question is, at the end of all of this, who pays the bill? this is bloomberg. ♪ francine: today, prime minister theresa may travels to brussels, where she could face her first brexit row...
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Jun 12, 2017
06/17
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tom keenes and scarlet fu's kickoff special coverage a lot happier eastern .ith a full lineup of guestst, hourming up exclusive conversation with london mayor sadiq khan. he spoke about keeping innovation growing in the u.k. capital as well as his relationship with president trump. from new york, this is bloomberg. ♪ scarlet: "what did you miss?" last week elected in the u.k. opens a new front in the battle over brexit. theresa may's senior ministers are promoting is exit. determine to force a clean break. here is mayor sadiq khan talking about his plans for the city owes brexit. mayor khan: i am really excited. it was the biggest london tech week ever. it shows the world that london is open. over the last year, we have had companies from facebook to google, snapchat two square announcing record investments. it shows the confidence they have in london. we will see more than 300 events, more than 55,000 visitors from across the globe coming to london to recognize we are europe's tech capital. >> talk to me about the vision you have. technology helping adapt the city. mayor khan: we are a
tom keenes and scarlet fu's kickoff special coverage a lot happier eastern .ith a full lineup of guestst, hourming up exclusive conversation with london mayor sadiq khan. he spoke about keeping innovation growing in the u.k. capital as well as his relationship with president trump. from new york, this is bloomberg. ♪ scarlet: "what did you miss?" last week elected in the u.k. opens a new front in the battle over brexit. theresa may's senior ministers are promoting is exit. determine...
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Jun 6, 2017
06/17
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she will be joined later by tom keene. matt and i are off to bloomberg radio.ersation surrounding what's happening in the markets. we will be looking ahead to thursday, what a big day thursday is. the ecb, the u.k. election, and the testimony of mr. comey. london not exactly looking radiant today, but the weather, i'm told, will change by the end of the week. always an interesting aspect to the polling story. this is bloomberg. ♪ francine: qatar's crisis. president trump once 2-d escalate the situation. escalate thede situation. switches thebour focus, claiming tory plans are the biggest attack on pensioners in the generation. the investigations into the london bridge killings continues. timko tells us his company has h
she will be joined later by tom keene. matt and i are off to bloomberg radio.ersation surrounding what's happening in the markets. we will be looking ahead to thursday, what a big day thursday is. the ecb, the u.k. election, and the testimony of mr. comey. london not exactly looking radiant today, but the weather, i'm told, will change by the end of the week. always an interesting aspect to the polling story. this is bloomberg. ♪ francine: qatar's crisis. president trump once 2-d escalate the...
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Jun 2, 2017
06/17
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jonathan: that was bill gross alongside tom keene and david gura with reaction to the payrolls report 10 minutes ago. let's get you up to speed on the report. it is a downside surprise. here is the intriguing part. unemployment drops to 4.3%. near a decade low. wages do not climb the way many anticipated they would with unemployment lower. this is what the downside surprise means for markets. it means a weaker dollar. down .4% off the back of what is happening in treasuries. two-year yields lower by two basis points. the yield curve flatter. 30 year yields down four basis points. 200-day movinghe average for the first time since september. we now trade at 217 on the 10 year. futures rollover a bit. we are off session highs. s&p 500 futures closing at an all-time high yesterday, up ahead of the open. the open about 50 minutes away. we will bring you even more reaction to the jobs data. from new york city on this payrolls friday, counting you down to the opening bell. a beautiful new york. ugly headline number. you are watching bloomberg. ♪ >> this is "bloomberg daybreak." and this is t
jonathan: that was bill gross alongside tom keene and david gura with reaction to the payrolls report 10 minutes ago. let's get you up to speed on the report. it is a downside surprise. here is the intriguing part. unemployment drops to 4.3%. near a decade low. wages do not climb the way many anticipated they would with unemployment lower. this is what the downside surprise means for markets. it means a weaker dollar. down .4% off the back of what is happening in treasuries. two-year yields...
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Jun 26, 2017
06/17
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i'm tom keene. in a most busy london, francine lacqua.inister of the united kingdom and somebody from northern ireland. e they going to come to an agreement? francine: we think they will probably come to an agreement. at was the leader of the d.u.p. we are expecting some kind of agreement on this conference. to still find ed out what exactly the d.u.p. want in return, if it's anything more than hard cash their region. tom: most interesting. italian banking, we'll do in a moment. now, with news, here's emma chandra. emma: thank you, tom. ty lee has carried out its biggest ever bank rescue. the government will spend as up as $19 billion to keen two failed banks. plan calls for so paw low tailed face sets. british prime minister theresa may outlines her plan to e.u. rding the right to citizens living in the u.k. later. last week, e.u. leaders say did he feel didn't go far enough and risks costing people rights. meanwhile, david davis says the government will fight any demand that e.u. court should have power in the u.k. once brexit is final.
i'm tom keene. in a most busy london, francine lacqua.inister of the united kingdom and somebody from northern ireland. e they going to come to an agreement? francine: we think they will probably come to an agreement. at was the leader of the d.u.p. we are expecting some kind of agreement on this conference. to still find ed out what exactly the d.u.p. want in return, if it's anything more than hard cash their region. tom: most interesting. italian banking, we'll do in a moment. now, with news,...
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Jun 30, 2017
06/17
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tom keene is in new york. we have a little bit of cpi data out of the eurozone.ortant because of the hawkish tone from a lot of central banks that has been filtered through the markets. so that inflation slowed to 1.3% in june but better-than-expected. something significant for mario draghi. tom: it is amazing how any inflation statistic will matter from now until whenever we got the pce deflator this mortar in 30, whichd states at 8: will give the same kind of touch we have right now. francine: if you look at what is underpinning the markets, it is definitely the change of tone. but investors want to see it in the numbers now. first, let's get to the bloomberg first word news. taylor: the trump administration's revised travel ban has gone into effect. refugeesictions ban from six was an countries. challengers in hawaii have gone -- saying the ban goes farther than the supreme court allowed. prime minister theresa may has passed the first test of her new allies with northern ireland's democratic unionist party. may won parliamentary approval of her legislative ag
tom keene is in new york. we have a little bit of cpi data out of the eurozone.ortant because of the hawkish tone from a lot of central banks that has been filtered through the markets. so that inflation slowed to 1.3% in june but better-than-expected. something significant for mario draghi. tom: it is amazing how any inflation statistic will matter from now until whenever we got the pce deflator this mortar in 30, whichd states at 8: will give the same kind of touch we have right now....
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Jun 12, 2017
06/17
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tom: the world has reacted to donald trump deciding, yes, he will pull out of the paris climate accord. australia won't do so. but labor was keen to highlight fact that some coalition members of the government were hoping that would be the action >> thank you, mr. speaker. my question is to the prime minister. i refer to reports that president trump is policiesed to withdraw from the paris climate agreement. just before midnight last night in response to those reports, said, have the champagne on ice. john howard pulled the united states out of kyoto when george w. bush rejected it. chao anyone have confidence that this government won't do exactly that with the paris agreement? >> the prime minister. >> thank you, mr. speaker. i thank the honorable member for his question. and, mr. speaker, i repeelt today what i said on the 16th of november when the treaty was ratified. when australia makes a commitment to a global agreement, we follow through and that is exactly what we are doing. we are committed to the paris agreement and we are on track o meeting our targets. we are committed to ensuring that australia has affordable and r
tom: the world has reacted to donald trump deciding, yes, he will pull out of the paris climate accord. australia won't do so. but labor was keen to highlight fact that some coalition members of the government were hoping that would be the action >> thank you, mr. speaker. my question is to the prime minister. i refer to reports that president trump is policiesed to withdraw from the paris climate agreement. just before midnight last night in response to those reports, said, have the...
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Jun 3, 2017
06/17
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be aware of the embarrassing u—turn they made national insurance and be keen to box herself into firmly on the issue of taxation. tomnk you very much. police investigating the manchester suicide bombing have made a 17th arrest. a 24—year—old man was detained in the rusholme area of the city. eleven men remain in custody. ariana grande, the singer whose concert was targeted by the bomber, has visited some of her injured fans. anisa kadri reports ariana grande turned upjust ariana grande turned up just as these fans, injured in last month‘s bomb attack, were getting ready for bed. the star‘s surprise visit to the royal manchester children‘s hospital left eight—year—old lily harris and feeling like a rock star, according to her dad. our room the ward corridor, and she was working her way up. we were the last to be seen. i think i was as nervous as lily. her hands were shaking. she said she might need to go to the toilet, she didn‘t know what to do and she was really nervous. and then she came skipping onto our ward. she was brilliant. preparations are underway for tomorrow‘s concert for those who died at ariana grande‘
be aware of the embarrassing u—turn they made national insurance and be keen to box herself into firmly on the issue of taxation. tomnk you very much. police investigating the manchester suicide bombing have made a 17th arrest. a 24—year—old man was detained in the rusholme area of the city. eleven men remain in custody. ariana grande, the singer whose concert was targeted by the bomber, has visited some of her injured fans. anisa kadri reports ariana grande turned upjust ariana grande...
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Jun 21, 2017
06/17
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tom, your take? great, cool, sunglasses, great. different shapes, sizes, colours, body types, skin colours, clothing. man bun? iam not colours, body types, skin colours, clothing. man bun? i am not keenyou have reinvented or made over? i always wanted a chopper bike and i was never allowed to have one because it wasn't deemed to have one because it wasn't deemed to bea to have one because it wasn't deemed to be a proper bike. i am probably a bit big. probably doesn't need a makeover, that is an iconic thing. monopoly, for me, but it has had many makeovers. tom, we are out of time. thank you for your company today, we will see you very soon. goodbye. todayis today is set to be the hottestjune day since 1976, and of course today is also the summer solstice. one of our weather watchers was up at 4:15am, capturing the sunrise on what will be the longest day of the year. for many of us, the story is about the heat. it will be a hot one, but it is not the whole story because there will be some thunderstorms, particularly towards northern parts of the united kingdom. thunder remains pudding north and east would across scotland and northern ireland, heavy showers across parts of northern eng
tom, your take? great, cool, sunglasses, great. different shapes, sizes, colours, body types, skin colours, clothing. man bun? iam not colours, body types, skin colours, clothing. man bun? i am not keenyou have reinvented or made over? i always wanted a chopper bike and i was never allowed to have one because it wasn't deemed to have one because it wasn't deemed to bea to have one because it wasn't deemed to be a proper bike. i am probably a bit big. probably doesn't need a makeover, that is an...