Ukrainian Police Looking at a possibility that the former u. S. Ambassador came under illegal surveillance before being recalled from her post. Democratic lawmakers in the United States released a trove of documents that showed one person to munich hitting about the removal of the u. S. Ambassador to ukraine. In the philippines, officials are urging residents in 14 more towns and cities to evacuate following sundays eruption of a volcano near manila. Two people have died in more than 121,000 people have fled their homes. Visibilityay poor and slippery roads due to volcanic ash are hampering evacuation efforts. Global news, 24 hours a day on air and quictake by bloomberg powered by more than 2,700 journalists and analysts in over 120 countries. I am mark crumpton. This is bloomberg. Live from bloomberg World Headquarters in new york, im shery ahn. Amanda live in toronto, im amanda lange. Welcome to bloomberg markets. Here the top stories we are following from around the world. Tariffs a
Lets get your global exchange, where we bring you todays market moving news from all around the world. From hong kong to munich to paris washington to sarasota, florida and new york, our bloomberg voices are on the ground with todays top stories. There are questions about transparency for china. Rishaad salamat joins us from hong kong. Walk us through some of the latest. Now with63,000 cases the death toll up by 121, but the inconsistency in the numbers has led to a lot of questions. Some of them are not being answered, and that has led to people thinking that this disease is not really going away at the moment. We had some optimism a couple of days ago, but that has receded somewhat. Weve also got bickering between washington and beijing. The u. S. Saying they have been denied that. On a microeconomic level, weve got companies such as Fiat Chrysler halting production in one of its plants in serbia. They cant get enough parts out of china. If you want to buy a barbie doll in the future
Even though it might be a happy new year, not so happy in risk assets. Second down day. Dropping the most in more than three weeks. Caution coming into equity markets and risk assets here at the end of the year. Most currencies gaining against it. Edging out. Yield same dynamic where money is moving out of equities but also out of bonds. The10 year yield, it was arrest the stock the financial world. Carlos ghosn was put on trial in japan. Allegations that he denied. The former head of nissan said he fled to lebanon to escape injustice and political persecution. Lets bring in will. Great to have you with us. Carlos ghosn has been under house arrest and was allowed out on bail in april. How did he manage to get out of japan under such heavy surveillance . Surveillances is in the right term for this. Its a mystery. Has his threed he passports so perhaps he escaped from japan using a different name, different passport. But he was under very tight surveillance, house arrest since april. Ver
500 infotech index up 48 , and the energy index was the least best performer. It still was up, though, which tells you how much these markets were looking for good news. The second best performer, Consumer Discretionary in the s p 500. That includes home depot to amazon, ebay, even general motors, so really across the board, it was a good year. For more on the markets more broadly, we are joined by ing head ofvey, global debt and rate strategy. We widened the curve with a bit of steepening going on. To what do you attribute that . Been a really interesting move. We were inverted six months ago. Happened is the fed has cut 75 basis points. Theyve injected a mountain of liquidity into the system, and theres been a real change in sentiment in the sense that six months ago, we were genuinely concerned about a recession in the u. S. Next year. Have beenerns significantly downsized. Theres still trimming this uncertainty, and we so have a very flat curve. If you look at the twostens, it is n
He has condemned the attack and called on the iraqis to work with them to stand up against iran. Yesterday i was able to speak with the u. S. Special envoy to iran. What he said is there are likely going to be additional sanctions against iran as part of the administrations economic pressure campaign. David there is no question iran is closely affiliated with his militia group. There is no question some reaction was required, but the reaction we are getting is not from iran, it is from iraq. Do we know whether we brought our iraqi allies into the fact that we were firing these missiles . Kevin it appears to be unknown at this point. Obviously there are forces in iraq that stand with the u. S. Military. Beyond that, and increasing forcesof iranian backed in iraq has added complexity to the situation that is ongoing. Of what President Trump has cautioned against, irans expansionary policy, especially as they try to get negotiated tops restarted with iran in the coming new years. Video is