Reportedly uncovering Quality Control concerns at eli lilly plant set to manufacture its covid antibody treatment and apple debuts the new 5g phone line speedier devices, also coming with an even heftier price tag carl, back over to you. All right jim, on the banks this morning, conversation once again about loss provisions. Also about bond trading at goldman. I dont think it is just bond trading. I think goldman did a remarkable job taking some share, which i say remarkable because imagine youre at home, zooming and taking sharefrom others. I do believe that goldmans back to its old ways which is that it is a dry cleaner it doesnt have any risk remember, dry cleaner, what do we do with the dry cleaner give them our clothes and pick them up and they make money. That has been the goldman way until a couple of years where i think it got wayward where it became much more about, hey, lets invest in this, invest in that, no, to me, what theyre investing in, that i really like, theyre invest
In a power unit, part of john flannerys turnaround plan. This is stock down 44 . Year to date, worse than 2008. Is enough tothis encourage investors ahead. Bitcoin is amazing. Over the last two days, bitcoin taking out several round numbers. Over013,00014,000, now 15,000. That, david. Bitcoin continues. Futures trade next week. It. Id mini is one word for lisa another work. [laughter] david insanity, i dont know. Morning brief. 8 30, we will get job claims. At 9 45, Bloomberg Consumer comfort data. 11 30 this morning, President Trump will meet with republican senators. Later in the afternoon, he will get together with members of the congressional leadership. Thats all coming up later today. Sign up for our daybreak first take, where we discuss the first stores of the morning. First up is tax reform. Orrin hatch is saying there is a drive to set the Corporate Tax rate of 22 instead of 20 . We will turn brexit with theresa. Ay, another proposal wildfires raging in Southern California. Jo
Welcome to friday. 6 00 in london. 7 00 in paris or berlin. Lets check where we are in the market action. We got the msci asiapacific up. Volatility in treasury markets allow a few more gains. We see the japanese market down. Up around 0. 4 . It does not mean we stop worrying about global concerns. It is on its weekly gains. We are keeping track of the strong gains yesterday. We got a change of guidance from the ecb raising questions when will you get changes in guidance. Goes insideedwards baseball, but lets talk about central bank speak. Agoe was a song many years called, big in japan. Weekend of the january 5 that started back in october. The unsettling of the global trade story between north korea, south korea, and japan. You are seeing the bond at risk in japan dropped to a 10 month low. , theave fresh readings Current Conditions index is on an upper upward trajectory. Forwardlooking indexes also remaining high. I want to give you fast facts. The nikkei has had the best start sinc
Weve been discussing today and which we shall move Forward Together next, and of course President Trump will tell you about it, but hes made a number of commitments and were going to be working together and my willingness to continue to work with the United States and president on this very major topic. I understand that its important to save jobs that being said, we shall lead the United States of america work on what is its road map and continue to talk about it. So today theres nothing new, unprecedented. Otherwise, we would have told you about it but i believe there is a joint willingness to continue to talk about this and try to find the best possible agreement. As far as im concerned, im very much i remain extremely attached to the framework of the paris accord which has been a Major International breakthrough and it is within that framework that im working on priorities including the European Unions lastly, as you know, i never very much want to comment who we are and what were
Are on this planet, you you can watch this fight. Francine good morning. This is bloomberg surveillance. We are getting breaking news out of germany. The Current Assessment for ifo, 1. 2416. This is the latest figure we got. We will bring you any breaking news. We will be speaking to the president of the ifo institute. In the meantime, this is the picture i am looking at on your asset markets. We are seeing a little bit of pause. A lot of currencies, a lot of stocks are drifting a little bit before janet yellen take to the states. Conviction inuch a lot of these european stock trading. This is what we are seeing overall. The euro falling. There was a little bit more Decisive Action in commodities where most Raw Materials climbed. 48 below 40. Thats get straight to the bloomberg first word news. Convictedlee has been of bribery, perjury, and embezzlement and sentenced to five years in prison. He was found guilty of conspiring. He says he will appeal the verdict. Hurricane harvey has str