What to Expect From May's Meet with Merkel
Theresa May’s first meeting with Angela Merkel in Berlin will involve more pleasantries than hard bargaining. A week after taking office as U.K. prime minister, May, 59, will be keen to size up the woman who will be one of her main interlocutors as she navigates Britain’s exit from the European Union. The German chancellor, in office for almost 11 years, insists that while May needs some time to formulate how she wants to proceed, no concrete negotiations will take place until the U.K. triggers the EU’s exit clause. Bloomberg's Alan Crawford and Emma Ross-Thomas report and Seven Investment Management CIO Christopher Darbyshire discusses with "On the Move" hosts Guy Johnson in London and Caroline Hyde in Berlin.
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UBS' Teather Sees Rate Cut for Bank Indonesia
48:47 - Edward Teather, executive director and senior economist for Asean and India at UBS, discusses central bank divergence and Bank Indonesia's policy decision. He speaks on "Bloomberg Markets: Asia." (Corrects guest's rate call in headline.) (Source: Bloomberg)