Chinas Foreign Ministry addressing the recent headlines about restricting foreign branded mobile devices. In a regular briefing she said, quote, we notice thereve been many media reports about concerns over the apple phones. She said they have not issues laws and regulations to ban the purchase of apple or foreign branded phones, but purchases are what people are focusing on. They have restricted the use of iphones in government offices and plan to expand restrictions to state owned companies. That comes a day after apple unveiled its latest iphone models. Were going to have a lot more on that in a couple of minutes. The difference between use and purchase is a big difference. If you cant use it. Yeah. I think this is why they call it news. New overnight the European Commission has launched an investigation into subsidies given to electric vehicle makers in china, right . Thats sort of what we do. The president of the ecb announced it at her annual address at the universal parliament.
Quit square is up dont worry, weve got a way for you to buy it for less first we start off with an unlikely pair that suddenly is happy together it looks like amazon and the brick and mortar retailers have found a way to flourish together nike, foot locker, gap, all surging. Have traditional retailers found a way to survive in amazons world and if so, are they suddenly the turtles why not the whole song . Happy together. We are happy together i dont think theyve found a way to survive in amazons world but i do think theyve founder a way to bounce off oversold conditions dan nathan will be on the show on 5 30. Options action. What happened to options action on friday, to be clear happy days or laverne and shirley. Theres a very good chance that xrt put in a Double Bottom not unlike jwm if youre looking for trades, the one that sticks out to me is nordstroms. We talked about it a week and a half ago i dont think their problems have been fixed by any stretch of the imagination it got too
There is rotation taking place record, the dow hits a not so for others that are under pressure. Garth from growth to value and you have benchmark with the growth and the credit keeps Interest Rates at an is belowre and this go up here andl here a big move expected and it suggested that this arquoise line will be aneficiary and there could be with thisation here areiction for 2018 and we here. To kick things off we are seeing the direction go down for equity markets here in japan and the stocks are is upng and the share marginally at the open. Now, this is a top pick and this trades at a session high with retailers reversing earlier declines sparked. Kiwi is finding support and this is becoming flexible. Look at thiscloser the that will come out and are performing well and you have one of the weakest down and of microchips in on this check position that extends after anding to a fivemonth low gains ase are slight there is a deal to build andented reality displays has kept climbing and
Home builder shares slide as Taylor Wimpey expects 2017 results to be in line with expectations some of the worlds biggest Bond Investors sound the alarm bill gross and Jeffrey Gundlach say levels on u. S. Treasury yields indicate the start of a bear market. And emmbeijing will order 14 airbus aircraft. Good morning were about an hour into the trading session. The handover from asia was mixed. Most of the indices traded softer some people say thats on the back of the rise in yields in the u. S. Maybe this is the beginning of a bond bear market and that could have implication for equities from here. The picture for europe is gloomy this morning stoxx 600 trading about 0. 2 weaker on the first hour of trading. The ftse is inching into the green. Ftse 10 0, a slew of earnings out of retailers this morning. We did have strong results out of ted baker and decent results out of sainsburys banks are up almost 1 Deutsche Bank having a very good day today. Up more than the 20. 2 travel and leis
A very warm welcome from right here in our blood body. We have a great day ahead of you. Many important figures speaking to the conference and they will speak to bloomberg. We have a real rally on our hands and a potential for more momentum. Or do we . Bitare looking at a little of a global risk on momentum. Before the powell testimony is saying sustained growth is there but he doesnt want to kill it off with high rates. Oil inventories could rise by 2 million barrels. In february. 1. 5 the best january in a decade for the oil market. This is dollaryen. The worst quarter in dollaryen in four years. Still the market is hungry for a bit of en. Of yen. 2018 special items will be slightly rising. This is a forwardlooking statements. That missed the estimates given the growth that the imf and the world and the ceos talked about. About slighting sales growth for 2018. Estimate. Eat on the would you have there is a green to measure manage merger their oil and gas unit. This is what the market