Is anyone actually listening in asian . In beijing . Ramy a very good morning to you. It is great to be with you on this morning in asia, sunday evening in the United States, take a look at what happened on the markets on friday. In the United States, like a roller coaster after Michael Flynn said he was going to plead guilty after lying to officials. We saw the markets up and down. Hot on the bloomberg terminal, btv 4046. The s p 500, we saw it when the news broke, that fell, but not only that, we saw the highest taxed companies in white, were rising inexorably in anticipation of the tax reform plan. Those fell, as well. David, we know what happened saturday morning here, it did we are looking, ahead to markets opening in the United States as well as where you are, to see what reaction there is. David absolutely. When you look across what is , apening over the fx markets lot of what is going to happen comes down to the dollar, when you look at the majors, decent pickup across a lot of
Probe makingrussia itself felt across the world. Have a look at gold. This is chart 6129. Fridayback into gold when the news came out that thatel flynn will testify President Donald Trump instructed him to reach out to the russians. We are under 30 minutes away from the open. Lets find out more from sophie. Could berustrating , today looking like. Afternoon,ndia this but looking at the moves in singapore, taipei, lets take a look at the open. A fairly mixed a session so far. For singapore, but some pressure for stocks. I want to show you this chart. This is one of the big moves so far this morning. Chart 6173, tax concerns outweighing the Michael Flynn drama. The 10 year treasury yield is climbing up of 2. 4 this morning. Even as the dollar is rising, we are seeing bearish dollar positions rising again despite the positive economic actual for the united states. Holding a the kospi threeday drop with the korean won under pressure. ,his is the yen is slipping 112. 78, and the aussie unde
Brief you all you need to know in Global Business and sport. Wed like you to be a part of the conversation and as the un warns that plastic in our oceans presents a planetary crisis, we are asking have you changed your plastic consumption . I have, but there is always more to do. Send us your comments to bbcthebriefing. We begina we begin a programme with the brexit challenge. The programme. British Prime Minister theresa may will update her cabinet this morning after she and the European Union failed, for now at least, to Reach Agreement enabling all parties to move on to the second phase of brexit talks. Negotiations came to a halt after the Democratic Unionist Party who prop up the conservative government, rejected a solution to an intractable problem. What to do with the shared border between Northern Ireland and the irish republic when the uk leaves the eu. Andrew plant has the latest. As the british Prime Minister arrived in brussels on monday morning, there was hope that a deal
Welcome to daybreak asia, im haidi lun. Kathleen im Kathleen Hays at bloombergs Global Headquarters in new york. We are on the verge of Bitcoin Futures starting to trade. The cme group in chicago, a much bigger stage then the cboe, were trading started one week ago where trading started one week ago. Its a next big step for this bitcoin market, the bitcoin world. Haidi derivative contracts that started trading last week seen a opposed, this is certainly massive milestone in terms of the volumes we are expected to see. Volume, ag 55 times bigger stage for Bitcoin Trading in terms of mainstream and institutional investors. Optimism over the tax fall bill, can we get this time tax hall bill President Trump has been wanting. It is driving sentiment in asia ahead of the opens. Take a look at how trading in new zealand is faring. We are seeing downside when it x50. To that and we are at a session low, down about 2 10 of 1 . A monumental week last week, trading at 6997, one jump over 2 in abo
A line to their old former student could be an expansion of the school is in police custody. And australias Prime Minister bans sexual relations between government ministers and members of this topic that softer revelations of guilt that he was having an extramarital affair with the former press secretary we find out really are reacting to this development. In a warm welcome to you im on the thought she. We begin in south africa is set to elect a new president today sit in the Deputy President is due to be sworn in he take over from Jacob Zuma Hall finally announced his resignation last night in a televised address to the nation zuma had lost the support of his a. N. C. Party which gave him an ultimatum to step down. The end of an era for south africa. Ever the showmen zuma began the final address of his presidency with a typical moment of humor and judgment. To do serious work kind of in six different. Whats happening. Yet when the smiles had passed. A weary figure abandoned by the a.