Egyptian National Anthem who could be in the plane . That there was a sniper on the of rooftop. The plane at the end negative of bought and to catch the fuselage to the embrace cold up. And then to make his speech in the knesset batiks spec did something in return. And left jerusalem emptyhanded. Now to be a fascinating figure of history the first memory was a polish soldier walking a jew. His mother was in the hospital with pneumonia. In was murdering the patients in their beds. Into a tie them up point to grow into the river. But first tidying in lithuania in the soviet prisons in the gulag before stalling so he joined a jewish unit and when he got to palestine and and he was invented and imaginative as one of three terrorists tried and convicted into blowup the king david hotel. One of the mostly Curious Hotels that was devoted to be the under center of the british mandate. And this. The back of the spirit of the occupation to turn over the problem of palestine to the united nations
Egyptian National Anthem who could be in the plane . That there was a sniper on the of rooftop. The plane at the end negative of bought and to catch the fuselage to the embrace cold up. And then to make his speech in the knesset batiks spec did something in return. And left jerusalem emptyhanded. Now to be a fascinating figure of history the first memory was a polish soldier walking a jew. His mother was in the hospital with pneumonia. In was murdering the patients in their beds. Into a tie them up point to grow into the river. But first tidying in lithuania in the soviet prisons in the gulag before stalling so he joined a jewish unit and when he got to palestine and and he was invented and imaginative as one of three terrorists tried and convicted into blowup the king david hotel. One of the mostly Curious Hotels that was devoted to be the under center of the british mandate. And this. The back of the spirit of the occupation to turn over the problem of palestine to the united nations
Days, brexit, and global banking. This is bloomberg surveillance. Im Francine Lacqua in paris. Mark barton is in london. Im here at the j. P. Morgan Global Markets conference and we have some great guests lineup. Where going to speak to alain minc. We also have jeanClaude Trichet , former president of the ecb, and we also speak to the publicis ceo. We are the focus on france. I know theres a lot going on in the markets. Tell us about it, mark. Mark counting down to the culmination of that meeting. Stocks are falling for the second day in europe. Ive looked at the last 10 days. They are down for seven days in 10. Europes benchmark 0. 2 lower. The euro is up against the dollar. Earlier it was falling. Ahead rebounded slightly of that ecb meeting. I think the data point to watch today is the u. S. 10year yield. 2. 58 . The yield rising for the ninth day. That is the longest stretch since 2012. Were hovering around 2. 58 , highest level since december. Gross, 2. 6 is the level to watch. Th
Index wasn the dramatic. That fed decision was more dovish than expected. Downw all those dots come from a weaker dollar, lower yields, higher stocks, but the markets could not hold on to their gains. One thing that did catch my eye was price action between the ratesensitive sectors. Utilities were declining ahead of the fed when yields were sinking. When bondto gain yields are falling, then get a huge bed when the fed dovish decision crushes yields. Werentrast, the financials a bigtime heading into the decision, then crashed. Market behavior you dont think you would see, but one reason financials mightve caught that bid is the yield curve. The 10 year yield fell by less than the two year yield, that is generally positive for Bank Net Interest margins. Joe lets take a look at those intraday charts, sharp moves with a twoyear yield, falling. 67 , close to the lowest levels this year. Obviously there is no market not looking for an imminent hike now. Lets take a quick look at the 10 year
The Australian Election remains too close to call. Agency says the aaa status is threatened by the budget deficit. Us know what you think by following me on twitter. The china and hong kong markets are getting underway in 30 coming, but taiwan online right now. David money is getting out of risk assets. , investorsndex swaps are pessimistic, pricing in the first fed rate hike in march 2018. That could all change. Malaysia and singapore opening up now. Some markets shut today. Acrosseeing a selloff the asiapacific. Higher, gold at the highest level in two years. Have a look at how asia breaks down. The big losers are the mining stocks down 2 , carmakers down 3 . A lot of that comes down to the yen pushing towards 101. A lot of money coming back into the bond markets. Japan yields record low. All at record lows. The 20 year bond touching zero for the first time. Frome seeing some comments , flagging that the 20 year could fall below zero today. Charts, have a look at the hardest drop tod