Screen when it comes to sovere in asia. We were at 5 for the u. S. 30 year and have come off of that a bit. Is this the calm befthe storm before the u. S. Jobs reort . Dollar taking the back foot and trendous gains when it comes to the korean won, strengthenin someone present this morning. Asian fx, the dollarenback below 149 or so. Equity markets are certainly liking this news. You are seeing mostly green and gains of 1 in japan. Hong kong is a story with su chin them in this judge approving this restructuring plan, and maybe that gives more tailwind to the property sector today. Overall, breathing a sigh of relief. Rishaad you look at the green and it is quite something. Lets look at the open for bangkok, on the way up marginll. Perhaps some interest in the bas well as we have seen that appreciates, but looking at the s p, we have at the moment their plans in thailand to jumpstart their 500 billion economy with a mix of cash dous and loan moratoriums. We are lookat he likelihood we c
Stocks declining for a second day. A slump in chinese equities in a , which is why we might see exacerbated moves. More dovish than expected Federal Reserve. We had the minutes yesterday. We are getting pmi edit europe, better than expected. Better than expected if you look at services. Manufacturing also that are than expected. Manufacturing also better than expected. We are looking at a pretty strong economy. Au will get to europe in second. Eurodollar currently 118. 45. Coming up, we speak to alexander stubb. Brexit talk to him about and the eurozone. In the meantime, lets get to the bloomberg first word news. Democratsmany social are ready to start talks with Angela Merkel. Totin schulz is prepared offer her limited support for a full term. It is said he could back her in a minority government but not but would not offer another grand coalition. Philip hammonds budget has been welcomed by members of the conservative party, while stilla mays future is questionable. Some ball boy the
Hunt may be over as conquest says it is no longer in the running. We are on bitcoinwatch j two. Day two. This shows the volume and price action that we saw. 3818. Prices were quite volatile. Volume was highest right at the open. If in doubt as we headed toward u. S. Trading hours. That was further evidenced among bitcoin critics. Demand thate retail is fueling what we have seen. Guest, stephent roach joining us from Yale University. He is calling it a speculative bubble. It is just the first day. Things could get more normalized. Girl lets also betty lets show you the u. S. Market. Nasdaq, the dow, and the all in the green. This is a solid recovery. Investors were much more bullish on some of these sane stocks in tech shares. An unwind of this reversal that we saw a couple weeks ago. We are seeing a mixed session here so far. Were looking at new zealand and australia. The kiwi Still Holding onto solid gains. The Deputy Governor was named the next central bank chief. Seen as a less radi
[applause] translator thank you, please sit down. Good morning. I brought something with me so to start off with your economic performance. If i have theit opportunity u brought me another copy. Thank you. I willti try to use your questis to share the most important states with you and that is a lot of relevance with what will happen in the future. I will try to get to your questions as soon as possible. Its a press conference and i dont want to take too much of your precious time. It is an opportunity for you to do your duty to ask the questions that you feel are the relevant for our people so lets start with questions. Usually the first person to ask a question is a veteran but this year i would like to give the first question to speak to one of the most active media organizations. Thank you very much. Mr. Putin, why are you running for president . What is your goals and mission, what do you want to accomplish for russia . What is your vision at the end oof the endof the term if you
We spoke to our reporter intel ran about the wave of protests and how the government is dealing with them. Why thenk the reason head of the irgc regard cannot yesterday and made that statement saying, declaring yesterday that the protests of come to an end is because they were actually dwindling down. By tuesday, if you people are in the streets. By what we can see on social media, and there were no reporters reported deaths. Maybe there was one other death that had added to the tall, bringing it up to 21 people. What theight now, government is doing and what the authorities are doing, they are consolidating, they are seeing what this will mean politically both for the state, and for the president s administration. I think there will also be a sense that from now on, authorities playing down the protests. I dont think the protests were as deep or as dramatic as maybe being suggested in some media. Acrossve been scattered several cities, which is unusual. They appear to be spontaneous a