Prince alwaleed i think he will have a focused strategy, a focused plan, a focused policy. David it is all straight ahead on bloomberg best. Hello and welcome. I am david gura. This is bloomberg best, your weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. Most Global Equity markets ended the week on a tear, which started last week, shortly after the election of donald trump. For global bond markets, the week began on a different note. David the global bond route deepened after a record 1. 2 trillion was wiped out of the market last week. 30year yields topped 30 for topped 3 for the First Time Since january. Jon i wonder how long yields can keep spiking without the risk rally taking a big hit. Matt there will be plenty of buyers for a higher yield. There is still a thirst for the yield in the market, and at some point, value in a treasury market will be there. I do not think we are that far away. I do not think inflat
Has the worlds attention. Big thinkers share their thoughts on what may be coming. Bill it is going to be much more corporate from the individual. Joe nationalism is for trade. Prince alwaleed i think he will have a focused strategy, a focused plan, a focused policy. David it is all straight ahead on bloomberg best. Hello and welcome. I am david gura. This is bloomberg best, your weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. Most Global Equity markets ended the week on a tear, which started last week, shortly after the election of donald trump. For global bond markets, the week began on a different note. David the global bond route deepened after a record 1. 2 trillion was wiped out of the market last week. 30year yields topped 3 for the First Time Since january. Jon i wonder how long yields can keep spiking without the risk rally taking a big hit. Matt there will be plenty of buyers for a higher yield. There is
Going to hear from Deutsche Banks ceo john cryan. Good less than half an hour away from the European Equity market open. That me take you to my bloomberg. We are going to see a little bit of negativity reflecting that selloff we saw yesterday in the United States yesterday. Not going to be down by much this morning. 1 . To around lets show you what is happening elsewhere around the world. The gmm function. A good place to start your day. What we are seeing here is a little bit of a pickup the new zealand dollar. The end is down. Trading north of 103. That has had a positive impact on equity markets in asia and particularly in tokyo. That is a story i hope to continue to watch out for. Also that boj decision as well. In terms of what we are watching elsewhere, quantities reasonably mixed. Bond markets reasonably mixed. A little bit of a buying spree in the back end of the japanese bond market, given the news we have seen of late, nothing to write home to. With theavid ingles first word
Turkey. In germany, chancellor Angela Merkel suffered a political setback. The antiimmigration alternative for Germany Party made strong gains in preset elections that were dominated by the refugee crisis. Support for her Democratic Union fell across the board. Donald trump is trying to counter a late challenge from john kasich and ohio. Polls show john kasich a be pulling ahead, and days before the primary there. His campaign has been overshadowed by growing violence at his events. Activist groups and supporters of democrat bernie sanders. Global news 24 hours a day, powered by 2400 journalists in more than 150 news bureaus and now to thed, markets with matt. Matt take a look at futures. We are down across the board. Not huge drops, but a loss of 15 points on dow jones. If you take a look at the indexes, or lets take out the s p and look at yourtodate, you can see we are at a level to almost where we back to were at the beginning of the year . Being unchanged for the year, which is co
In european markets right now, youll see that the dax is down by about 0. 6 . So is the ftse in london. The cac looks like the biggest decliner of the three. It is down by about 1. 1 . If you want to take a look at the price of crude oil, yesterday we saw crude oil, what was happening there. Now its down by about 37 cents to 37. 95. A couple big stories were watching today. Heres whats happening. Yahoo changing its bylaws to allow proxy access for board nominations. Heres what it means. Investors who have held a stake of at least 3 in yahoo for a minimum of three years have the power to nominate directors to the board. These investors can nominate up to 20 of its board. Starboard value launched a proxy fight last week to overthrow the companys board. Also, a very big victory for insurer metlife. A federal judge striking down the governments determination that metlife was too big to fail. The designation of systemically Important Financial Institution carries stricter Capital Requiremen