August 15 but also continuing down. 7 the nikkei and the futures in the u. S. Are looking lower as well. Data expected out of the u. S. Later today. And in terms of looking at some of the currencies in the region, we talked about the bloomberg dollar index. Down about. 10 . Dollar weakness is essentially beneficial to equities in this part of the world and currencies as well. Aussie, thats what youre looking like, essentially flat and new zealand had jobless numbers that came in less bad than expected. The kiwi dollar up. 2 . Lets move on to some of the commodities, gold again looking strong and well, above 2000 an ounce, a little bit of weakness in the last hour or so, down about. 2 . Terms of oil were looking at the beirut story, the port explosion there and there was concern that have geopolitical tensions emanating from that. Thats the yield picture in the points. St over 10 basis rally washe dollar rather short, and then weve got gold, the inverse correlation back at the moment. T
Despite the 62 billion bid being rejected. Good morning to you. Lets get straight to what the markets have been doing overnight. It seems like there is good news once again for equity markets. Have a chart that shows the moose we seen in global equities. Thats what you will the here in blue. This is not just the april numbers for us home sales. We have asian stocks rebounding nearhe dollar holding twomonth highs even if it is retreating just a little bit this morning. Manus its going to be a very interesting day. Thing . Te hike such a bad lets check into what weve got in the markets. Their but wege have risen over the past two weeks, markets factoring in the fed hike potentially in june, back in the cards. You have negative yields elsewhere in the world. Strong data in the u. S. New home sales coming in the strongest in eight years. Never far from a barrel of oil in this region. On the way to 50. Inventories dropping by more than 5 Million Barrels and the norwegians are saying 100 is
Pairing of the losses which, not that long ago, were lower than 1 . We did get the weekly crude inventories report. Distillate, hope that there will be a future drawdown in crude as well. We saw Oil Prices Move lower after that. Ago and ahile little while ago, moving to unchanged. The other Market Movement of the day has to do with the British Ground british pound. It is moving lower compared to the u. S. Dollar. Volatility surrounding a possible u. K. Exit from the euro. If you take a look at the history and look at the range of the pound in previous times of 2008,ng crisis, 1982 and that is what some traders are looking at as guidance for what could potentially happen this time. Alix lets check in on the bloomberg first word news. Mark Chris Collins of new york and Duncan Hunter of california are now on board. Hunter says we dont need a policy hawk as president. We need a leader. Democratic frontrunner Hillary Clinton hopes to advance or leave on senator Bernie Sanders end. Mrs. On s
Vonnie and oil with the future of electric cars. It is all straight ahead on bloomberg best. Vonnie hello, i am vonnie quinn. Welcome to bloomberg best. Perio a weekly look at the most important Business News and analysis from around the world. Lets begin with a day by day look at the top headlines. With the june 23 date set for a u. K. Referendum on eu membership, Campaign Season on brexit began in earnest monday. A controversy had an immediate financial and economic impact. U. K. Prime minister David Cameron answering questions from lawmakers in the house of commons. These are live pictures you are watching. Cameron has been making the case for staying in the european union. But camerons stance is suffering a setback as long as the london mayor is rallying for a socalled brexit. Is this about volatility . Does it really not matter how many people turnover to the Boris Johnson side . Rob he is one of the most recognizable politicians in the u. K. , and his decision to support brexit h
To 20 years. Vonnie and oil with the future of electric cars. It is all straight ahead on bloomberg best. Vonnie hello, i am vonnie quinn. Welcome to bloomberg best. A weekly look at the most important Business News and analysis from around the world. Lets begin with a day by day look at the top headlines. With the june 23 date set for a u. K. Referendum on eu membership, Campaign Season on brexit began in earnest monday. A controversy had an immediate financial and economic impact. U. K. Prime minister David Cameron answering questions from lawmakers in the house of commons. These are live pictures you are watching. Cameron has been making the case for staying in the european union. But camerons stance is suffering a setback as long as the london mayor is rallying for a socalled brexit. Is this about volatility . Does it really not matter how many people turnover to the Boris Johnson side . Rob he is one of the most recognizable politicians in the u. K. , and his decision to support b