No change in the lpr. No real effect when it comes to the cnh, the offshore renminbi. 6. 86. Maintaining the gains we have of late. The euro weakening. Keeping an eye on crude. Oilared by the National Company after saying it was commandersone of the of one of the civil war activists from exporting. Got oil field disruptions taking place in iraq. What else is happening in beijing. We join selina wang for the first word news. Selina thank you. The former white house economic director gary cohn says he sees no recession predicts the economy will continue to grow as we move towards novembers election. While president trumps tariffs produce the phase one trade deal they inflicted some damage on the american economy. I dont think we would have gone to a different outcome. I dont think the outcomes helped us get to a different outcome. Did it hurt the u. S. . Its. Totally hurt United States the u. S. Economy is very strong, employment is great but we are missing a big component. Were missing
Supply, reigniting concerns to geopolitical risk. An barrier, billionaire Money Managers Led Hedge Fund gains in the industrys best performance in a decade. Plus, is that the Tipping Point . Politicians and executives dissent on davos, a debate on whether the biggest drivers of the global drivers economy are picking. Two in for a huge week on newsmakers at the World Economic forum right here on Bloomberg Television. We are just under an hour away from the start of cash equity trading across europe and the u. K. Lets look at where futures are pointing us. Were looking at green arrows on dax, cac, ntt ftse futures. At cac features are unchanged right now. We see green arrows on ftse futures. U. S. Markets are closed for Martin Luther king jr. Holiday. Equity markets want be trading. But you do see futures pointing higher after a record close on friday. Oil jumped amid turmoil in libya. Caught in the crossfire of the nations civil war. Iraq temporarily halted work at an oilfield yesterday
Global economy. Welcome to bloomberg surveillance. Itsve a lot to get to, five days of a packed agenda. We have many World Leaders at the forum. No matter where you are in the world, we need to check on the markets. The markets a little bit thin on compared to other days. Im looking. In crude oil is one we need to watch out for. You see on the screen, really rising today. Lower, ittocks edging will be appropriate earnings and gold climbing parade get to the first word news. Libyas oil industry have been caught in the crossfire. They havewn shot shut down and output 2011, peacesince talks are underway to work towards the p cease fire. Oilfieldave halted an letting widespread a second oilfield is expected to closure. Around 600 people have died and thousands wounded. In the u. K. , prices increased for the most on any january on record. 307es increased to nearly south of the pound. Before a new tax on foreign investors. China at least three people have died and 200 diagnosed with a new v
The families but admitted that could take time and said they cannot take weeks. They need support now. Swedish activist Greta Thunberg addressed hundreds of people on a climb in march today in switzerland. She spoke to the protesters on what she claims was the oneyear anniversary of the first product line and rallies in the country. The rally was held ahead of next weeks World Economic forum in davos. To the World Leaders and those in power, i would like to that you have not seen anything yet. You have not seen the last of us. We can assure you of that. [applause] and that is the message that we will bring to the World Economic forum in davos next week. Police officers clashed with some demonstrators during the rally. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Live from bloomberg World Headquarters in new york, im vonnie quinn. Amanda im amanda lang in t
Neede consensus shows no for a rate move next year, either. Erand the Christine Lagarde gets ready at the ecb. The worlds biggest ipo opens with a bang. Is or isnt saudi aramco worth 2 trillion7 some major banks announced changes and cutbacks. They have to meet their efficiency targets they set. Rosalind the eu unveils a plan to go green that has some businesses seeing red. You see there is pushback. Taxation does nothing for the environment. Rosalind its all straight ahead on bloomberg best. Rosalind hello and welcome. Im Rosalind Chin and this is bloomberg best, your weekly review of the most important business news, analysis, and interviews from Bloomberg Television around the world. Lets start with the day by day look at the top headlines. Another week began without a trade deal between the u. S. And china, and fresh data released on the weekend showed the trade balance shifting between the two superpowers. Chinas exports unexpectedly fell last month as Global Demand continues to w