Half of next year. Time for todays global exchange. From dubai to frankfurt, to brussels to london, to Rio De Janeiro and princeton, new jersey, our bloomberg voices are on the ground with this mornings top stories. In turkey, the lira is gaining against the dollar following a 200 basis point cut. Joining me with more from dubai is paul wallace, bloomberg emerging markets reporter. Is this going to be enough president erdogan . Paul that is a key question. The lira has barely budged despite that 200 basis points cut being more than markets expected. Analysts were expect and about 150 basis points. The lira has had to endure a lot in the last six months. Erdogan has sacked his central bank governor. Since then, the new one has overseen a whopping 1200 basis points of rate cuts. Amazingly, despite all of that, the lira is actually up against the dollar since the end of june. We will have to see what erdogan thinks of this latest move to see whether he is satisfied that it is enough, or w
The list confirming that it is buying the music identification service. Microsoft is on the rise. Disney gaining as there is reporting and speculation about some kind of deal with 21st century fox. Gilead is on the rise along with a handful of other biotech and drug stocks after the American Society of hematology meeting over the weekend where different dark results were shown. As scarlet menton comey you have Bitcoin Futures trading. That means in the market, anything that has a secondary relationship with a bitcoin appears to be rallied her we have right block chain, one of the small cap docs associated with the technology underlying big going. Bitcoin. They are rising. Their chips are seen as powering the mining for bitcoin. Com as well with its bitcoin connection through its website. Those shares are up by 22 . Said, it is worth looking at the price of bitcoin and Bitcoin Futures themselves. We see Bitcoin Futures rallying as scarlet looked at, about 19. 5 in their first full day o
Underestimate us. Why doesnt he put his money where his mouth is . First we start with a bit of a mystery. Maybe you can guess the stop. Give it a try. Less than 2 away from its all time high. Up 48 from its most recent low in may. 2016. Still not sure. Since that low, it has added a staggering 200 billion in market cap. Just to give you some context, that is worth more than the entire value of disney which just reported earnings. So do you know what it is yet . Guess . He has his hand up. Well tell you. Apple. Would you have guessed it . The all time high. Also just 11 points away from a split adjusted price of a thousand bucks a share. The tech sector is outperforming all the other sectors by a wide margin, thanks in part to apple. The question is why is apple trading line a growth stock again . Your theory. I think it is because everybody focused on what we talked about going in, the services. They had record numbers which i think surprised a lot of people. We kept hearing, this pho
Found out he was alive and well. And we do say good morning, america, on this friday morning. What an incredible story. Can you imagine searching for your child for 13 years . No. Wow. Unbelievable. The family is overjoyed right now and i can only imagine as youre talking about what that first hello was like after all that. Well get to that. But right now, lets get right to the stepped up security at the worlds airports. Look at three of the busiest airports in this country, hartsfieldjackson, atlanta, l. A. X. And washington dulles, a crackdown on security involving luggage handling expected there, and at the hundreds of overseas airports that fly directly to the u. S. , as investigators try to figure out what took down that plane in egypt. Abcs brian ross starts us off. Good morning, brian. Reporter good morning, george. According to the chairman of the House Homeland Security committee, the u. S. As soon as this weekend is expected to order sweeping security changes to the u. S. Fro
A little boy who vanished 13 years ago in alabama discovered in ohio kidnapped by his father and living under a fake name. How the boy helped find himself. His moms reaction when she found out he was alive and well. And we do say good morning, america, on this friday morning. And what an incredible story. Can you imagine searching for your child for 13 years . No. Wow. Unbelievable. The family is overjoyed right now and i can only imagine as youre talking about what that first hello was like after all that. Well get to that. But right now, lets get right to the steppedup security at the worlds airports. Look at three of the busiest airports in this country this morning, hartsfieldjackson, atlanta, l. A. X. And washington dulles, a crackdown on security involving luggage handling expected there, and at the hundreds of overseas airports that fly directly to the u. S. , as investigators try to figure out what took down that plane in egypt. Abcs brian ross starts us off. Good morning, bria