Bus services are suspended. Ferry and services are suspended. Hundreds of flights canceled. Petewill remain for much of the day. Local news powered by more than 2600 journalists in more than 120 countries. This is bloomberg. Lets take a look at the markets that are open in hong kong. That are open hong kong is closed for now. This is how it was trading in the morning session. This is the picture in tokyo, singapore, and mumbai. Stocks snapping a threeday winning streak. Time now for the latest from Bloomberg Markets. Welcome to the best of Bloomberg Markets middle east. The major story driving headlines from the region this week, Money Managers the most bullish on crude in two years as opec prepares to negotiate its first output cuts in a decade. Oil is upbeat that i dig big oil is update. But iran and iraq are not have. President ial debates made more headlines as the third and final headtohead took place. Economic historians said donald trump lost al 3 and lost them badly, and has no
The emirates. Angie and im angie lau. We are watching asian stocks rise, along with Industrial Metals as we see the play across the markets here. When it comes to the u. S. Treasury space, some interesting things are happening from saudi arabia. Yousef i would elevate that, promote it from interesting to very interesting. Most countries in the emerging markets have curtailed back the scale of the selling and liquidating of the u. S. Treasury, with the exception of saudi arabia and china. The fire sale is still happening. This chart shows you the extent of what has been happening here, on the chinese side and the saudi arabia side. Both of those countries are trying to use some of those proceeds. Saudi arabia, a decline for the seventh straight month. 123. 7 billion at the end of january. Since then, a 25 decline as it tries to address the 11. 4 budget deficit projected by bloomberg. What is going to happen though, after this bond issue . It is going to change how they lock in those gai
The outrage about 25 increases in what you say. Another samsung voters exploding. This time it wasnt the galaxy 7. Find out what device is affected now. The Media Company expect today lay off 300 people. Rankings of most reliable vehicles. Some surprises before heading to the dealership. Markets like this. We will be hearing from 6 dow components today, among them dupont, caterpillar. We have the markets higher in anticipation of pretty good numbers. Once we get the numbers, we will bring them to you, of course. In europe posting modest gains. The others fractionally moving. The dax indexmoving. Take a look. We see the markets moving fractionally. Nikkei average in japan best performer. All the stories coming up. Joining me to talk about it fox business dagen mcdowell, Jon Hilsenrath and tony, good to see you guys. Dagen good morning. Obamacare failure. Maria he kept saying that i had amnesia. Dagen one and five people can only find one insurer. Maria unbelievable. Dagen talk to the pr
Mark have a look at where european equities are trading. Equities are falling for a third day. These are the currencies rising against the dollar. We have defensive assets such as bonds falling, yields gaining, and commodities, that is the huge today. Lets get to the earnings. It owns caring and gucci, shares jumping as much as 9 , the highest since 2001. Fastest sales growth since 2012, boding well for luxury goods makers as christmas approaches. Reporting estimate beating sales indicating that the peak Holiday Season may see Strong Demand and potentially giving the luxury industry some respite. Demand is weighed down due to this company has risen to the highest since 2001. What a coincidence. ,ech shares jumping 18 today after theince 2001 Swiss Electronics Manufacturer reported betterthanexpected sales growth field by demand for its keyboard, computer keyboard, computer peripherals, speakers, and video gaming equipment. Logitech has benefited from the number of devices that people h
Widely forecast by 28 out of 29 analysts by bloomberg policy makers back in september scrapping plans for further rate cuts amid signs the nation was withstanding the slump in oil prices and inflation remaining above target. 2. 9 sweden earlier keeping rates unchanged leaving the door open for further stimulus in 2017. That is the big headline. Norway central bank maintaining the key rate. Lets look at whats happening across the assets. The stocks were earlier. It suffered earlier. Down. Worst stretch from september well over a month. Ahead of the allimportant g. D. P. Data in roughly 29 minutes time. It bottomed at 120, 123. Thast the lowest since may 1985. The tenyear yield is little change. Yesterday it rose to the highest since june 23. Up from 51 bases points on august 8. The lowest boosting expectations and moving to expectations of inflation. What a good time to look at the breakeven. The almost highest level in three years. Risen 2. 3 prereferendum. This is one of my favorite c