Actually also at the top of the leaderboard. At the bottom of the leaderboard, a lot of health care names. To be clear, this was a pretty even trading range. The smallest range since december of 2017. Romaine lets dive deeper into the action with all of our market reporters. Abigail i am looking at an area of outperformance, the emerging market index. Here it is over the last six months, up about 9 . Huge outperformance. Up eight of the last nine days. We also see that this recent action takes it above highs. We are also seeing a breakout. Forould be the new hot area 2020, but the breakout is not convincing. High back intime 2007, then down in the financial crisis. It basically stock in this range. The breakout that was so impressive on the year, not as impressive on this longerterm chart. Bowls have some work to do. Renita i am looking at eli lilly, which was up to its april high earlier today, which has since paired some of the gains. Revenue is expected to grow. Bloomberg intelligen
But early suggest results to gamble may not pay off. We are live in madrid. Haidi to gamble may not pay off. We are live in madrid. Haidi lets hear how the trading week has started with markets coming online. Sydney starting trading. Investors after a bad week of trading, looking for a new catalyst. So for the next step up with trade negotiations, not much has developed but it is a big event risk week when it comes to the asian data, not least of which , industrialles production. Domestic activity out of china with the deeper numbers out of china recently. Theey on the back foot as day begins, new zealand trading up 1. 25 . We are seeing when it comes to trading in the u. S. Session this week, mildly positive after the s p closed out friday at a fresh record high. You see japanese markets extending gains into a sixth straight week. Lets get you to first word news. Su we start with more fallout in the u. K. From the brexit drama. Has kept the sovereign Credit Rating to a negative outloo
For the imf meetings but lets get a check on the markets as investors digested the data out of china earnings will be coming through in europe. We struggle a little bit and stoxx 600. Cable is coming off a fivemonth high. A lot of concern going into this weekend and what parliament will vote on in terms of the brexit deal. We are talking about potential rate hikes. Coming up, we hear from the Vice President of the european atmission that 1130 time 11 30 a. M. London time. And still to come, we speak to bank of England Governor Mark carney at 5 30 p. M. London time. Definitely not want to miss. All of those conversations from the Imf World Bank annual meeting. Lets get first word news in new york. We begin with the ceasefire in syria. The u. S. And turkey agreeing to a break in hostilities to allow kurdish fighters to withdraw. Once the ceasefire takes affect them a donald will remove this weeks sanctions, but u. S. Senators from both sides say the deal does not go far enough. Reluctant
After the judge turned down his bed, assange said he did not understand the proceedings and said the case is not fair because the u. S. Government has unlimited resources while he does not have easy access to his lawyers or documents he needs. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. It is one 00 in new york, 6 00 in london, 1 00 in hong kong. Romaine bostick in for vonnie quinn. Welcome to bloomberg markets. From bloomberg World Headquarters in new york, here are the top stories on the bloomberg and from around the world that we are following. U. K. Prime minister Boris Johnson denied a second vote on his brexit deal but there is another crucial vote tomorrow on the divorce plan. Goldman sachs dealing with an unwelcome string of insider charges. Mixing business with politics. Facebook Ceo Mark Zuckerberg privately recommending several hires to Pete Buttigiegs
There are some things moving including the likes of nike which received an upgrade. Weaker by 2 10 of 1 . Reports, well the will see how that plays out. Is weaker byira almost 1 . We will talk details in a few minutes. There was a deal. The active investors here. They have agreed to sell their Management Services business to some private equity investors. European markets, european stocks are down by half of 1 . The pound is also down. We had a massive rally on friday. The turkish index, the stock market, down by 5 . What istalk more about happening with turkey and syria later. Lets get to the main story. China, once more talks have fallen citing the president s phase one deal. Steven mnuchin says more talks and negotiations are on the calendar. We are joined by George Saravelos, Deutsche Banks global head of fx research. I real risk rally. We saw the brexit story and the trade story, both are faltering this morning. Lets talk about the trade story. There is confusion as to whether or