Orecast indonesia decides later thursday while the boj starts a meeting. A straily markets have just open. Sophie, what are you seeing . Markets have just opened. Saw steepening for u. S. Bonds, pushing the u. S. 10year yield to a fiveweek high, and the kiwi dollar off about. 1 , reversing the earlier spike we saw on the back of new zealand hosting a faster than forecast gdp report on a quarterly basis, which may provide relief to the rbc. Nikkei Futures Holding steady. Were expecting a mixed session in asia as we have plenty of Rate Decisions on tap from indonesia, taiwan, hong kong, along with the boj meeting under japanese as we see stocks perhaps getting a little more love from investors, but not to be loved just yet. Investor view on japan is improving slightly with net 6 of global investors. Paul thanks for that. Lets check in on the first word news now with ritika gupta. Proposed budget for the next fiscal year will approach the equivalent of 1 trillion for a second straight yea
That Coalition Says it will allow some flights out of some airport people who need medical treatment. And mexico demands urgent talks after President Trump says hes working to designate mexican drug cartels as terrorist groups. With sport ill have the very latest for Wednesdays Champions League plus. Another upset at the top here in doha qatar saudi arabia are beaten by kuwait a team runs 87 points. And hes 19 people have been killed in a brutal rebel attack in the volatile eastern democratic republic of congo is amid growing anger at u. N. Peacekeepers for failing to protect civilians allied to Democratic Forces are believed to have carried out the door attack on a village near the city of theyve been blamed for. String of recent massacres around benny which sparked days of violent protests against the un and the army the un now says one of its peacekeepers killed one of the 6 protesters in recent days from Goma Catherine sori reports another tense day. There barrymore he door body of
The country is leaving the bloc by the end of the month. Lebanons Prime Minister agrees to a series of Economic Reforms in an attempt to calm unprecedented antigovernment protests experts at the imf annual meetings raise concerns over negative rates in an exclusive interview with cnbc, axle weber warns Central Banks have lost their ways. In recent years, ecb loss of business has been much less policy, lost its distant to market they should guide markets rather than be in a standoff with markets about the future, and we have seen it in the u. S. , weve seen it here in europe well, good morning and welcome to street signs. Its monday. Waef lot to get through on the show today, but i just want to give you a quick recap of whats been happening with markets. The handover on wall street on friday was pretty negative we had all the three majors end the day in negative territory. Boeing was dragging down the dow. The s p is 1. 5 Percentage Points away from its all time high. Overnight in asia,
Mistakes on the grounded. Slashed. Where will the s p trade . We will have the latest. Been told 3 higher, you would have laughed. What is bizarre is the trajectory of the Economic Data and the u. S. China trade talks. It is 9 00 a. M. Across the the trajectory of earnings has gone according to plan. Emirates, 1 00 p. M. In hong either something massive is missing, and i have yet to find but i think this kong. I am tracy alloway, this is bloomberg daybreak middle east. Manus i am manus cranny. Week will be the moment where if we cannot identify what we are missing, the bears must capitulate because we have catalysts lined up. This is where wall street meets politics meets investment. There is the jobs data friday, somewhat say the big opportunities. Still companies some would say the big opportunities. To report earnings. Tracy you write on the mliv in politics, we have steve mnuchin, jared kushner, and a blog that this is crunch week for the bears. Man close to politics and talk to us
And we meet the 97 year old former Fighter Pilot taking to the skies to mark battle of britain day. Good morning. Its 8am in singapore, and 1am in london. Oil prices have soared at the opening of the markets in asia following saturdays drone attacks on two Key Facilities in saudi arabia. The cost of brent crude rose by the most on record, after half the kingdoms output was taken out that accounts for roughly 5 of the worlds oil supply. Iran has dismissed us allegations that it was behind the strikes and accused washington of being deceitful. With me is bob mcnally, president of Rapidan Energy group in washington. He served in the Bush Administration as its top energy advisor. Hejoins me now. Thank you so much forjoining us. Firstly, the us says that this was an unprecedented attack and indeed there has been a very significant market movement. How significant is this, in your view . Well, it is justified. Crude oil now in asia is trading 10 or more. That is justified. The folks who atta