Time now for the global exchange, where we bring you todays market moving news from around the world. From hong kong to jerusalem, washington to new york, our bloomberg voices are on the ground with todays top stories. In israel, Prime Minister Benjamin Netanyahu is facing a rare challenge to his lead. I am not sure i would see this day come. Reporter that is very true. Significant. Be it would change israels Political Landscape for the past kud itss and give the li first win in 20. They would have a better chance of forming a government after the third election of the year come march. David thank you so much. To turn to commodities. Oil is extending its gains as u. S. Inventories decline and optimism over a partial u. S. China trade deal grows. Youre right, those are the two drivers hitting oil this morning. Broken throughe a level on trade deal optimism, partially on risk assets. The santa claus rally really helping oil out. Another big story is the inventory decline. If it is confir
This is bloomberg surveillance. Im Francine Lacqua here in london. These are your markets. Global chief economist. A lot of the focus is on the next, the mastercard trade war. A lot of the focus is on data executive vice chair on out. We see pound. Diversity and her thoughts on we are of course watching that because we are one month exactly the apple card gender bias issue. From the early election, this is bloomberg. December 12, and the u. K. After the brexit party said they will not expand conservative seats. 1. 93. 0 year yield at coming up, we will be speaking to musabbeh al kaabi, the chairman of Mubadala Petroleum at 9 30 a. M. U. K. Time. That is manus cranny bringing that live. Lets kick off the show with the latest from hong kong. Rn that the city is on the brink of total breakdown as protesters rocked the citys financial district to a standstill. The chaos follows a flareup in violence after the first fatality linked to the protests. Is it different from yesterday . Is the mo
Saudi aramco brushes off concerns. The fed says the u. S. Is in a good place and the data justifies keeping rates on hold. We hear exclusively from the vice chairman. Marketsck check of the close on the friday session in the u. S. We saw fresh records for u. S. Stocks with the s p 500 dating 1 . Energy and materials led to gains. Oil jumping the most in six weeks on a more positive, solid jobs report, not to mention optimism on demand as we saw chinese manufacturing data more positive. We also had positive trade sentiment with that China Commerce Ministry saying the u. S. And china had achieved a consensus in principle. The nasdaq gained more than 1 , the dow gaining three hunter points. 300 points. We have asia stocks set for gains after the rise on wall street friday. We had this week a lot of focus on chinese trade data, along with policy decisions from policy in Southeast Asia and australia. This monday we have australia retail sales headlining earnings, the bank missing earnings r
Wilbur ross tells bloomberg the china agreement is near periods tries President Trump wants this signing to take place in the u. S. The worlds Top Oil Company presses go on its longawaited share shale. They brought five brush off concern and says the price is right. Shery all change at the golden arches are the ceo is fired after breaking the policy. Markets have opened for trade lets. Lets get you straight to the Market Action. Sophie shares opening higher by 2 10 of 1 . This happened with the drop we saw for the benchmark. Keeping a close eye on westpac after a disappointing set of earnings. Ozzie yields tracking fridays drop in treasuries, rising six basis points amid trade optimism and a stronger jobs report. The aussie dollar is firmer. Offshorein on the yuan, trading below 704, building on fridays gains amid signs of stabilization. Asian stocks broadly looks to rises monday. Japan is offline for the weekend. Semiconductor players will be on watch on a report that the u. S. Govern
Dagen joining the conversation dierdre bolton, former economic adviser to president obama, robert wolf is here. And president ial candidate steve forbes. Great to be here. Maria optimism pushing futures higher, markets up 152 point, s p up 14 and nasdaq up 44, unchartered territory as china and the United States agree to roll back tariffs as part of phase 1 trade deal, two sides to eyeing the december signing with various venues being discussed including london, perhaps President Trump and xx jinping could meet there after next months nato summit. Interesting development, the fato summit, apec summit we expected the signage which was november 17th. We also have British Election at the time, who is going to be the Prime Minister presiding at this wonderful signing, but this gets to something that weve known for a year and a half, maria, that is get the trade worries out of the way, get the trade scrimmages knocked down, you will see the market react and you will see the economy react in