Garner votes . This is Bloomberg Markets asia. It is india budget day. Really facing this choice, populist measures or fiscal prudence . A lot of focus on that over the next couple of hours. All of this happening as the backdrop of china looking at the smaller, private sector. A look at how they are going and growth so far. In terms of equities, looks like the start of february is better than the end of january at least. Rishaad absolutely. The end of january did not quite materialize as many predicted. Looking at longterm rates, alan enspan suggesting we remember him for a rational exuberance. Do we have a rational exuberance . Markets, theian threeday selloff we got in the region. Robust export growth from korea adding to the risk, although gains for the cosby for the kospi. Also this morning a slew of manufacturing pmi surveys that indicated stronger across the region. That could bode well for this synchronized Global Growth. In taiwan, fourthquarter gdp, growth jumped the most in a
Welcome to bloomberg daybreak europe, our flagship warning show from here in the city of london. I am an edwards. Anna edwards. Manus cranny. 13 million dutch people go to the polls, the open in just under 13 minutes. Immigration, integration, and islam are the key issues in this debate. The issue is populism goes to the polls in europe today and the dutch put a firewall. The exit polls will be at adequate p. M. Tonight, we will be live in the hague. Manus on the ground to cover the dutch elections. With us throughout the program. Is coming in. News coming in. Bitda shy the 1. 4 billion that was estimated. Sales were up by 13 . Giving us some guidance on the picture as a report the fullyear numbers. 1. 6fullyear net profit billion. That is in line with the 1. 6 billion that had been estimated. Lets leave the retailer there for the moment and watch shares at the start of trade. We need to talk about volatility and in a number of places. Oil is increasingly one of those. Give uti soaring
So he saw very much as a social world that is an Incredible Connection with the past. He had a desk in 1939 of course, George Orwell through the story that i tell so i think that is that part of the book. Thankyou so much. Ladies and gentlemen, with that connectedness and contagion. Here it is. If you did not notice we have copies for sale you are welcome to buy a copy into autograph them during the reception that will follow immediately after the panel. And here we are to discuss a very old problem. Lately how best to survive financial old panics across the centuries and servile the contagion of fear and distrust as they try to withdraw from risk to protect themselves irrational strategy but much more pressing with scholarly detail what were they able to do with the next panic . That most assuredly will arrive sooner or later. Two centuries ago they accurately observed, on extraordinary occasions a general panic may seize the country when they possess themselves of preciousmetals and
Alcoa kicking off earnings season. Europe was missed and the nikkei was up about 1 . Our road map begins with history in the making. The president set to nominate Federal Reserve vice chair janetijanet i yellen to be the new chairman of the Federal Reserve. If confirmed, shed be the first woman. Young, costco and Family Dollar all down after issuing disappointing results. First up, though, history is about to be made in washington. The president will nominate fed vice chair janet yellen to replace chair ben bernanke. If confirmed, shed be the first woman to head any major world central back. The official announcement taking place at 3 00 p. M. Eastern time in the east room. Jim, its been said theres one less uncertainty that we have to worry about. Breathed a sigh of relief. I felt a sigh of relief because its just nice that something came out of washington that, well, just happened and immediately we saw reaction that, well, corker, my love because he comes on squawk might be against.