The Fed Is Giving Mixed Messages, Says Dryden

European shares advanced for a second day as investors speculated that the Federal Reserve may delay its next interest rate increase beyond July. The Stoxx Europe 600 Index climbed 1 percent to 345.65 at 8:16 a.m. in London. The equity benchmark yesterday rebounded from its first weekly drop in a month as energy and raw-material producers advanced, with U.K. shares rising the most among major western-European markets as the pound weakened amid heightened concerns of a Brexit. JPMorgan Asset Management Global Strategist Strategist Alexander Dryden with "On the Move" hosts Guy Johnson in London and Matt Miller in Berlin.

Pimco's Crescenzi Says Rates Anchored by New Neutral
39:00 - Anthony Crescenzi, portfolio manager at Pimco, discusses the start of quantitative tightening and the factors weighing on interest rates. He speaks on "Bloomberg Surveillance." (Source: Bloomberg)
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