Anna warm welcome to bloomberg daybreak. It is the first jobs report under the tenure of the new president. Steady as she goes seems to be the consensus from the markets. Thenumber is 180,000, below six months number and below the 12 month number. On the nose at 100 80,000. Who is hiring . Itroll is feeding through that it is the small firms that are hiring. 18 of the small firms are doing the biggest share of the hiring but it will be all about the wages. We are looking for 2. 5 . Anna it will be interesting to see the response politically we will get. Trumpt extent will donald take credit for the resurgence in the animal spirit and the increase in job creation. During the campaign, he was casting doubt on the validity of the unemployment data sticks. Saying that a head the unimpressed that they hid unemployment. Honda is listing their operating profit outlook two ¥75 billion. They are giving their numbers. It is coming in above as to meds. A good set of numbers from honda. But polit
Daybreak asia coming asia. It is after 7 00 here in new york. We are fresh off of those revised gdp numbers coming out of japan. As sometellar economists would have expected. Up 0. 3 quarter over quarter. Hading what economists expected, 1. 5 for the fourth quarter. It was amiss for that. The biggest driver they were talking about was capital spending. That was just 3. 5 percent. It swung into positive territory. We can see a little less optimism here. That gdp deflator, three straight quarters in negative territory. We continue to see the negative territory. Looks a little murky for japan. Lets go to the market. A final reading, big changes were not expected. When it comes to the Growth Outlook we see the yen strengthening. Those gdp numbers came in below estimate. The surplus narrowed to the smallest in 2. 5 years, a slight concern for trade. Take a look at the reaction in tokyo. Lets look at what is going on with the nikkei 225. Japanese stocks dropping 1 10 of 1 , a drop for a four
Lauren today, the japanese nikkei up 1. 1 . The shanghai composite in china and that the session slightly lower. Nicole oil prices ignite the stock rally with crude oil back above 48 a barrel. This is the first time this year. 4779, up 7 cents. Lauren news that the Canadian Oil Sands have been evacuated as strong when stoked a huge wildfire in alberta. We will have an update for you. Train to a site to watch day, definitely home depot. Well find out how the Home Improvement is faring. Lauren the Golden State Warriors beaten by the Oklahoma State and run their own quarter. In the msl playoff from pittsburgh penguin msl playoff comebacks for penguins tied with tampa bay at one game each. Highlights coming up. Nicole 5 01 a. M. In new york. We welcome you to fbn am, the latest breaking news and what to expect today i had. Lauren are you ready, nicole . Voters in kentucky and oregon heading to the polls for their primates today as Bernie Sanders is expected to win in oregon and dakotas nex
Australia, investors prioritize safety over stimulus. And the government hoping that stimulus and the new budget will bring victory in july with anticipated elections. You cant take anything for granted. Let us know you think of the top stories. Dont forget to include the hash tag. Lets tell you about the markets, it is a day or your seeing a bit of a selloff in china and hong kong coming on in 30 minutes. Here is david. David all of this global selloff, emerging markets. Down 2 on the embassy i gauge. You look at the world, places that the big hit, turkey, argentina, brazil, and a lot of markets we are waiting for in Southeast Asia likely to take that you. Global selloff, you look at embassy world, some of the worlds Biggest Companies in that index, half 1 trillion, and the bank of japan is still closed for greenery day. Gold at 1285, 1300 yesterday. Old on the way down. It was under pressure as well. U. S. Than it was up was the dollar and the u. S. Treasuries. Having a look at the e
Raising 6 billion swiss francs for new capital. I wanted to take capital off the table so that when we meet we can talk about our business. Shares in syngenta jump on the news that the ceo will step down months after santos take over bid. A solid set of profits and upbeat outlook. All right. Welcome to the program, everybody. Just a glance at what happened to the asian markets in the overnight session there because we saw some money coming out of markets there. There were reports about some capex concerns for some of the bigger industrial companies. Hong kong being closed for market holiday but some of the bigger lenders also under some pressure in asia. So just to be aware of that. Part of that could be feeding through and could be one of the reasons for a slightly softer opening here in europe. The ecb meeting is to be held tomorrow. Quite a lot to look forward to here toward the latter part of the week. As you mentioned, all the factors keeping european markets in the red as we spea