Live herethe pulse in london. Im guy johnson. Francine lacqua will join you from new york in the next hour. Lets check in where the markets are now. We started off down. Barclays is the standout story for the ftse 100 which is up, but barclays is down. The stock 600 up by half of 1 . We have reach raced 10 of the losses we made at the start of the year. We are now up 10 . Brent is up. 7 . Some of the Energy Stocks are on the front foot as well this one. Here is first word news. Gauge hasnas factory fallen for a record seventh straight month. Dropped to the weakest in seven years. The dater underscores the challenges for policymakers as they seek to cut overcapacity. The japanese government is being paid to borrow money as it sold 20 billion in debt at an average yield of 0. 2 . U. S. President ial hopefuls are gearing up for super tuesday. Delegates needed for a republican candidate to win the nomination are at stake. 1 3 for democrats. In a dozen states, donald trump, and democratic l
Manus welcome to countdown. 6 00 in the morning here in london. Manus super tuesday. Anna the picture around the asian stock trading session. The chinese data we have weighing on a number of asset classes. It is talk about what is going on in japan. Japan selling 10 year bonds at a negative yield for the first time. Manus this is joining the club. You have the 10 year yields being negative. The Central Banks have gone into negative territory. We are showing the bid to cover them. Level in the demand this auction. The yield going into the negative territory. Volatility is at the highest and the yield curve in japan is the flattest on record. In thes a dramatic shift perception of risk and what to do in the bond market. Anna a lot of talk about whether we will see fiscal stimulus. D. O. T. Boj easing. Let us talk about some of the other risk assets on our radar. We are talking about mental prices. Getting those numbers from glencore. Talking about the copper price. Down around, shy of ha
Expects them to reach the 2 target in time. Baileys has revealed it is under investigation by the sec. The probe is separate from an existing investigation into the company. Valeant is also facing questions about its ability to cut debt. The Share Price Fell more than 18 . ,lobal news 24 hours a day powered by 2400 journalists. Guy busy morning. Welcome to on the move. We are counting you down to the european open. I am guy johnson alongside hans nichols. Barclays confirming it is selling its African Business. Jes staley telling bloomberg there was a difficult decision. We will break down whether he is making the right move. Glencore posted a 69 slump in profit. Afterl talk Miners Glencore reports that net loss. And the slowdown stevens. Steepens. Fresh figures from china. Alan greenspan tells us that chinas economy will slow even further. , once again, it is about the big banks. Barclays, some comparisons with Deutsche Bank. Hans one thing he did say, the ceo, at the end of that inter
Productivity is dead in the water. Dont be moving around in the markets. Bit e we talk order talk auto business at the motor show. All coming up on bloomberg best. Francine hello, i am francine lacqua. Best abloomberg weekly review of the most important Business Analysis from Bloomberg Television around the world. But stick on lets take a day by day look. This is a bold policy step from the bank of china. The big story is the Chinese Central Bank is cutting the reserve requirement, reducing the amount of capital that the banks need to hold in reserve. This is hot on the heels of one of the biggest months of new credit growth in china. Is that a story . Jonathan this is both a significant surprise and a significant move, especially when you consider the amount of liquidity they have already pumped into the system. In the near term, that will add , andedit growth in china of course that will help the economy grow, in the short term at least. And of course, it comes at a time when they ar
Exclusive insight from Alan Greenspan and ray dalio. You are probably going to lose. Francine and bloomberg at the motor show. All this, plus the weeks most revealing charts coming up on bloomberg best. Hello, i am francine lacqua. Alcome to bloomberg best, weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. Lets take a daily b day by dayk starting at a bold policy step on monday from the people of china. The big story the Chinese Central Bank cutting the reserve requirement ratio by 17 , reducing the amount of capital that banks need to hold in reserve. This is hot on the heels of one of the biggest months of new credit growth in china. Is that a story here . Are completely correct. This is both a significant surprise and a significant move, especially when you consider the amount of liquidity they have already pumped into the system. In the near terms, it will add to credit growth in china, and economy growp the in t