Bombshell book. Goes on sale in america people are lining up to get their hands on the book that the president did not want them to read trump says it is full of lies. Meanwhile our business or its mind the gap mr trump the u. S. Trade deficit just got bigger despite your America First campaign. Plus the german journalist jailed in turkey sends a message to. Dennis you accuses of holding him hostage just as the Turkish Foreign minister calls for a new beginning in the rocky relations with germany. And deep freeze the east coast of the United States is in the grip of a massive winter storm fresh snow sends the mercury plummeting to record close. Im sorry kelly welcome to the Program Thanks for joining us. As german chancellor Angela Merkels conservatives prepare to enter talks on forming a Coalition Government with the social democrats merkels own sister party the c. S. U. Has welcomed one of europes staunchest anti immigration leaders to its Winter Convention and garion leader viktor o
Lets start with politics. Cannot wait to see how the magazine covers everything in the world of politics this year. Front, t in our home domestic, member of the trump team, mike pompeo. Hes had a good year. He has. Usually you pick out people who years. D you have nikki haley and you have mike pompeo, director of cia. Both of those names have been entioned as potentially successor as Rex Tillerson as secretary of state who has not year. Good while talk about his departure has cooled, theres a widespread feeling that his relationship with the president is not stable long term. His circle is very very small. One of these things that have come out. How normal is it for the cia director to meet the president day basis . Its more than that. Ow would they break down the information with the president. I think theres two things about mike pompeo. Is ideological. Hes been out in defending the about nt in charges whether theres potential collusion with russia during the election, whether its hi
Did quite well. About weve been talking the investors worrying the last few days with yields continuing to march higher in anticipation of higher interest rates, itever the month of january, looked like a pretty good month for the bulls. I want to bring in this chart, as we round out the month. You can see s p stocks the best performance since march of 2016. President trump will take a look at take credit for this. The market is still doing well. If you look at that chart, investors are optimistic about prospects and we might be hitting an inflection point. Markets are rebalancing as well, and what we saw with the bond market overnight was significant of 10 year treasury yield spiking to 2. 97 . That is the line in the sand and it is a worry for many equity bulls out there. Mentioned,vonne just the 30 year yield breaking through a significant level, that 3 yield. And it seemsh us, like Equity Investors are paying attention to the bond market. That level reached and getting to that site
And the markets in europe are all higher on the day following a bumper session in asia. And working part time but shining all the time. Well speak one woman whose built a successfuljewellery business that counts the duchess of cambridge amongst its customers, despite only working part time. As weve been hearing, smartphone sales are in decline. Today we want to know have we reached peak smartphone. Why and when do you upgrade . Let us know just use bbcbizlive. Hello and welcome to business live. Many of you have been in touch already about smartphones, keep your comments coming in, we will share them later in the programme. Its shaping up to be another big week for brexit. In a few hours time, the leader of the labour opposition, jeremy corbyn, is set to increase the pressure on Prime Minister theresa may when he calls for the uk to have full tariff free access to European Union markets after brexit. In a speech, mr corbyn will call for the uk to stay in a Customs Union after brexit, w
Hauling back. We are told the target will not that having9 , and not been lowered since 2012. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Let me get you a quick check of markets. Closing bell in australia. For the markets update, this is bloomberg. Emily im emily chang and this is bloomberg technology. The fight for smartphones the premises. The way and on the upcoming battle between the iphone x and the Samsung Galaxy s9. Believes the trump team and its mastery over analytics won the election. Itsaba put tencent and crosshairs. In its crosshairs. First, to our lead, the battle of the smartphone. Samsung has come up with its response. The company unveiled the newest off the heels of this announcement. Apple is preparing to release a trio of smartphones. Handset comes the same size of the iphone x. Apple is already running production tests with suppliers. An official announcement is expected in the fall. M