Theta, there is no graceful exit here, folks. Ylor special Counsel Robert Mueller appears to be building the case the Trump Campaign was in close talks with brexit officials who wanted to defeat hillary clinton. Robert mueller revealed that a former trump foreignpolicy advisor pled guilty to line about his contacts with russian operatives. George papadopoulos is not cooperating with prosecutors. Meanwhile, Paul Manafort and an aide have been charged with Money Laundering. Congressional tax writers are considering a gradual phase in. According to people familiar with the matter, they looked at the schedule that would business traits from 35 to 35 in 2022. That would slash business taxes from 35 to 20 in 2022. The bank of japan reduced its forecast for inflation. The boj is under little pressure to take more action, though inflation is low below the 2 target. Catalonias Independence Movement is struggling to find a way ford. Off for belgium. They say he plans to seek asylum. Madrid has s
Asiapacific and next. Treasuries not trading right now with japan closed and the bloomberg dollar index pretty much recovering from the losses yesterday. That is the big picture. Heres the aussie dollar. We are down. 2 at the moment, retaildown after the news. Than 1. 4 , orre of 1. 4 made sterling hit a multiweek low. This is a bit more of a technical chart showing cable below the 100 Day Moving Average the trend lines converging. That is some thing to keep an eye on with sterling. Finally showing you bitcoin and its breakneck rally. 7244. Now above manus is now the time for tax cuts . Comments came as the republicans released details of their tax overhaul plan. The Federal Reserve has to again extract us from the extraordinary measures that were is what people are quite obsessed about. I think that is going to occur and i dont think that is dangerous. We have to prepare for a cycle where rates rights. It is a long time. Interest rates have been low. Inflation has been low. Money arou
Apple insists that it pays every dollar it owes after the Paradise Papers. Yousef it is 8 00 a. M. In dubai. I am yousef gamal eldin. I am david ingles in hong kong. You are still on the ground. The talkingugh points and how the narrative has changed in the last 24 hours. Yousef we started with shock and awe, now commentary from President Trump saying the Saudi Administration knows what they are doing. From thecement attorney general saying there could be more to come. There is a lot of rhetoric around tensions with iran. Let me show you the currency forwards. This is 5114 on the bloomberg. The 12 month forwards come look at that spike above 200 points over spot, the highest it has been since summer. We will get more Market Reaction later in the program. What are you looking at . David this time yesterday we did get an update following what is happening. In a share, you look at this rally. Up with wordscome to describe how stretch to these markets are getting. And you look at earnings
Happening right happening right now, a powerful storm slamming Washington State resulting in at least one death and leaving more than 175,000 customers in the dark. Wind gusting up to 70 Miles Per Hour along the coast, churned the surf up quite a bit and downed power lines and toppled trees, including one tree that fell onto a car that killed that one woman and left another critically injured. Its the first in a series of strong storms moving through the Pacific Northwest that will be bringing heavy rains, strong winds and mountain snow. Theres a new development in the flap over fox news host sean hannity and keurig. Yeah, on saturday, the coffee brand announced it would pull its ads from hannitys show over his coverage of the Sexual Misconduct allegations of roy moore. Well, that sparked this. A conservative backlash on social media, calling for a boycott. And videos of loyal fans destroying their keurig machines. Now the keurig ceo is apologizing to his employees for what he call as
Abu dhabis National Energy company, another m of prolonged resist and oil. Its 8 00 a. M. Across emirates, this is Bloomberg Markets middle east. Get you up to speed in terms of the melody, the rhythm, in terms of equity markets in this part of the world. We are two hours away from the open. This is how the gcc pans out. You can see Downside Pressure that oil price is putting significant risk into this equation. There is a lot more conviction in overall volumes. A 60 jump. Retailer is jumping a 10th of 1 . Of telco down 10 . Also more petrochemicals are expected to report earnings in the coming days. Saudi stocks of been the worst performers in the last trading day. Egypt and oman were close for public holiday. We are looking forward to some Inventory Data from that your iap we are seeing big moves on the gcc bond. Bits tightening a little further. As the optimism and equity rallies, the momentum continues 1060 4000. T turkish lira is in focus because we have the Central Bank Decision