Rosemary is here to tells about the weather. I guess, blue is a the day. This just happened. Very weird incidents. But a very nice one. Mostly sunny very cold. Were talking 30s and low 40s out there. Heres a look at the golden gate. We are expecting another storm by sunday. That will last into early monday. And then well be out of here by new year. Saga about jury weekend this money. Waking up with temperatures freezing and just a little bit below freezing for some of our inland cities. Mostly sunny skies out there. Visibility looks good. You do need to be on the highways this morning. We will have a look at your temperatures for today. Look at that next arms for the weekend. Of eagle blew up at a busy Security Check point in somalia. Somalia police say the attack targeted attacks Collection Center during rush hours. People went to work and the number of victims were students that were returning to college. No Extremist Groups has claimed responsibly after the bombing. But their expert
Orchestrating that attack against the u. S. Embassy. No end in sight to the dissatisfaction on the streets. Abigail can the u. S. Continue its expansion in 2020 . Experts examine indicators and offer insight. Fundamentals for the economy are good. There is potential slack out there. There are people who could work. Im happy with where policy is at the moment. Abigail it is all straight ahead on bloomberg best. Hello and welcome. Im abigail doolittle. , yours bloomberg best weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. Lets start with a look at the top headlines. The final week of a volatile year for the Global Economy began with encouraging signals of a return to stability in china. Chinas Economic Performance improved in december with early indicators showing production in the worlds secondlargest economy accelerated as domestic demand stabilized and meanwhile, Chinas Central Bank has ordered lenders to adopt th
She prepares his new years address. Is set to be ghosn in lebanon. One source tells us he fled japan ahead of a trial and financial misconduct charges. Markets in asia are winding down for the year. Australias equity market closes early this new year. Sophie has a final session how is the final session of the year looking . Sophie some pressure coming through. The aussie share market off 1. 2 , trimming the yeartodate gain but still set for the best year since 2009. Eminis little changed. Nikkei futures in singapore off by 1 and the bloomberg dollar index extending declines for a fourth straight session as the greenback is set for the Fourth Annual drop since 2010. Let switch out the board to check in on what markets are closed this new years eve. Indonesia, the philippines, and china closing along with south korea and japan entering a sixday new year holiday. We will be waiting to see whether we have yen like we saw earlier this year. Paul. Paul thanks very much, sophie. Breaking news
More on our website bbc. Co. Uk news and the news app. Now on bbc news live to singapore for Asia Business report. Eye shall see you shortly. Markets fall as more tensions are expected between beijing and washington. Googles founders step down from running its Parent Company alphabet. Good morning, asia, hello, world. Its a wednesday. Lead you could join us rather exciting mid week edition of Asia Business report. Im rico hizon. We start off with the ongoing us china trade ties because in the last half hour us house of representatives has passed a bill that calls on china to and what calls arbitrary detention, did torture, and harassment of uighurs and other ethnic muslim minorities. It will now go to President Trump to sign or to veto. Just last week beating reacted angrily after President Trump signed us legislation which aims to protect human rights of pro democracy protesters in hong kong. The two countries are still in trade negotiations and investors were hoping that they would c
Dropping below the s p 500 dividend yield which is crazy. You can make more money on the yield on the s p 500 than on the 30 year. Unfortunately the algorithms are utilizing global yields as the correlation to equities and that seems to happen from time to time. Remember prior to that it was the chinese currency any time that traded above a 7 Point Equities move lower. So youre looking at global yields and youre basically understanding that protectionism doesnt exist in global asset pricing. What do you mean . Thats exactly what is going on right now so the United States is blessed with technology. The United States is blessed with low energy. Zero versus the rest of the world. Correct but why is that becky . Because we are seen as the best economy globally and thats where i see protectionism doesnt exist in asset pricing the rest of the world is just driving capital here. So you can see bond yields coming down precipitously but still see it being something that doesnt drag the stock m