In bangkok. He tells bloomberg exclusively the two countries can broker a phase one deal this month. Ross we are making Good Progress and there is no natural reason why it couldnt be. Matt saudi aramco finally launches its blockbuster ipo but it could be worth half 1 trillion less in the target initially set. Its ceo itsires seat fires it ceo over a relationship with an employee. Welcome to bloomberg markets. We are looking at continued gains in futures this morning after hitting again alltime highs, at least on alltime equity indexes over the weekend. The 10 year yield, we see it coming up a little bit. This is a three year chart. Straight line because japan is closed for a holiday. Other markets in asia are up and now that u. S. Treasuries are open, we see the yield as well. That means investors are willing to get rid of the perceived safe haven asset of the 10 year paper and into the riskier areas of the markets. Futures gaining across the board. Ftse futures of a half a percent. Da
But early suggest results to gamble may not pay off. We are live in madrid. Haidi to gamble may not pay off. We are live in madrid. Haidi lets hear how the trading week has started with markets coming online. Sydney starting trading. Investors after a bad week of trading, looking for a new catalyst. So for the next step up with trade negotiations, not much has developed but it is a big event risk week when it comes to the asian data, not least of which , industrialles production. Domestic activity out of china with the deeper numbers out of china recently. Theey on the back foot as day begins, new zealand trading up 1. 25 . We are seeing when it comes to trading in the u. S. Session this week, mildly positive after the s p closed out friday at a fresh record high. You see japanese markets extending gains into a sixth straight week. Lets get you to first word news. Su we start with more fallout in the u. K. From the brexit drama. Has kept the sovereign Credit Rating to a negative outloo
Tracking brexit law after the House Speaker blocked his bid for a monday vote. Kathleen the first polls are closing this hour in the Canadian Election. Prime minister Justin Trudeau looks set to retain power but lewiss parliamentary majority. Onto the markets and australia, where they have just opened. Sophie, what is on your radar screen . Sophie building on mondays gains, up about. 1 . Aussie bond yields are set for a fifth day of gains. Holding onto a fourday advance. We have plenty of updates from australia, including from Whitehaven Coal and oil. We are watching bhp this morning. The stock gaining ground, asding 35 this morning hile arein c preparing to halt operations. He restocks set to snap a threeday job. Drop. Over in korea, we will be watching for president moon jaein to delivering his budget speech later to the National Assembly this morning. The economy comes under more pressure this morning. We have Producer Price data from south korea showing further contraction, falling
Anna dup says no. Sterling slides. Northern irish allies cannot support the brexit deal as it stands. By billion to shareholders 2022 as Sales Estimates are missed for the Third Quarter. A president ial meltdown. Pelosi accuses donald trump of hurling insults at her after lawmakers criticize his withdrawal from syria. Republicans say the speaker was at fault for walking out of the meeting. Good morning. Less than 30 minutes until the start of cash trading and equities. Is almostng the pound all that matters for the moment. Every minute it seems we get a new headline on brexit. I just heard you talking to and the poundra, has come down. It is weaker in dollar terms. 127. 56. We will no doubt have this chart up for most of the day and most of the week, and maybe most of the year. Take a look at teachers. We do see a mixed picture with weakness in the pound comes a little strength. Dax futures and cap futures are down. If you look at u. S. Futures, S P Dow Jones and nasdaq many contracts
Negotiator says talks have gone well and they are on course for a partial deal. The 20th weekend of protests in hong kong, targeting chinese owned his misses. Chinese owned businesses. Imfleen coming up, the reading in washington including conversations with John Freudenberg and others. U. S. Stocksow ended, look at the big picture, ongoing trade war worries. Lower across the board. One big name which was responsible was netflix, closing down across 6 . Forecasters of cyber growth falling short. It hit the nasdaq 0. 8 lower. Johnson johnson recalled baby powder that came up with traces of asbestos. Boeing, questions by the faa about what they knew before the max was reported. 4 . Dow is down, s p down there was good news. Jpmorgan numbers better than forecasted. Cocacola was very solid. For the week and the second week, the stocks closed higher on average. Positivity out of the negativity. What are you looking at . Sophie asian stocks going for a mixed start after a weekend of imf meet