Heads of organizations. This hour, we will also be speaking to one of the biggest names in private equity, jon moulton, and then later Nicolas Dufourcq. Overall, stocks in asia seem to be dropping a touch. European stocks were mixed and bonds rising as investors focused switching back to Central Banks. Several policymakers were cautious about raising Interest Rates again this year. The dollar weakening a touch, you can see. Thats your business flash. Lets get straight on to the bloomberg first world news. Nejra donald trump has said he will announce whether or not he will decertify the iran nuclear deal, quote, shortly. Thats ahead of the deadline this sunday. Trump has called the agreement a badly negotiated deal. Has denied ever calling for a bigger u. S. Nuclear arsenal. His comments came response to an nbc report that he had asked for a tenfold increase in u. S. Nuclear capabilities. He also questioned whether the broadcast license should be taken away from nbc television. Ofbrusse
Business confidence is plunging. Haidi more disappointing news from the factory floor and japan , machine orders slumping, Producer Prices staying flat. Rishaad the long and short of it, hong kong stocks being targeted by skeptical researchers. Of course all this Political Drama, the British Election, james comey and his testimony to congress. Having a look at gold. Start toshed in and buy gold at times like this as a haven play. This is 502, a look at the last three weeks. Have had three weeks of gold prices falling. Never mind if you look at gold in sterling terms, but gold is priced in dollars. We could be heading for a negative fourth week third week for gold as well. Haidi thats right. You mentioned that excellent point about gold being a currency play. You look at this chart. It is showing that correlation of the prices metal priced in sterling gaining 2. 2 after that calamitous result in the u. K. Of election. That is very much isolated when it comes to bullion nominated in ster
Bad form of ranking. Anna oh yen, high confidence. Cinnamon sentiment improves for the First Time Since june last year. What does it mean for the stimulus . Johnson johnson ins discussions for a potential deal, leaving the door open for another better. Reports say they are now in talks. A very warm welcome to bloomberg daybreak europe. We are here in london. Im anna edwards. Breaking news coming through on the car industry in relation to china. China is set to be planning a 7. 5 small engine car pat car tax through 2017. China has said the plan extending the auto sales tax incentive to 2017. China is set to set a small engine car tax at 7. 5 and cars at 5 . We will see if that has any impact on european carmakers are other global Car Manufacturers exposed to smaller in of the car industry. Lets look at the risk radar and show you where we are on this fed day of all days. Expecting a decision later on from the fomc and the wide expectation market that we will see a hike. China and brexi
India relaxes rules to attract Foreign Investment. The change that is proof that they could spur growth. Follow me on twitter. That is my handle. China and hong kong markets getting underway in 30 minutes or so. Markets in malaysia are just about online. Lets get a pulse of the action and find out who was wearing which hat. David it is hard to gauge what it is at the moment. We are talking about 2. 5 on thursday. With two to three days to go until the referendum, we are entering the championship round. There is a lot more reason to be cautious especially after this rally yesterday. Mixed at the moment. In turn, you look at the dollaryen trading below 1. 04 since about midnight local time. About the yen. 225,you look at the nikkei it is well off the lows of the session at the moment. Volumes are quite thin which will exacerbate some of the moves we have seen, especially across emerging asia. Have a look at dollaryellen. N. 1. 03, the high. What you want to watch is 103. 5 5. That was th
Week. Abe is getting ready to roll out the stimulus. The valparaiso may hear, set to teresa we have got may here. You can let us what you know of todays top stories by following me on twitter. Dont forget to include the trending business. The china and hong kong markets abouttting underway in 30 minutes time. Singapore and malaysia just came online. Look at what is happening this morning. Lot riding on premise or operate in japan today. The nikkei 225 up through 3. 2 . You got this expectation that there will be more announced. We do have to remember back in april when the boj unexpectedly refrained, we saw that big coming through. Investors buying the rumor. Looking at taiwan, it has come online, up by 0. 1 . 0. 2 , flatline and malaysia. Weaken seen the won against the dollar. The u. S. Hit that record high overnight, seeing gains of 0. 4 in korea. In australia, we are seeing some good moves. If we can get that up on the joint, alumina has a venture with alco. It is up by 2. 3 . Well