To the importance of signal of folding below a 1 year yield. The twoyear is many people will be discussing emergency fed action. Francine yes, i think that will permeate through what we look at everyday, bond markets around the. World lets get to the first word news first word news in new york city with vienna or title. Viviana we begin with the first moving developments to the coronavirus fastbreak. The japanese island of hokkaido went quiet after the governor declared a state of emergency. New zealand and lithuania putting their first infections. South korea has more than 2000 cases. The u. S. Is moving to expand the number of people being tested. Health Authorities Say they will test anyone with unexplained severe respiratory illnesses. J. P. Morgan is joining other Corporate Giants in restricting travel, the bank saying International Business trips will be limited to a social travel only. Previously they had limited travel only two regions hardhit whether coronavirus. Oil is on tra
Nejra welcome to daybreak europe. If you are getting ready to kick off new years eve celebrations, were not seeing a lot of that in risk assets today. Quite a number of markets, bear in mind, are close today, including japan. We dont have the cash treasury trade either. A little bit of red on the screen. U. S. Futures perhaps pointing to a stronger open. A stellar year for Global Equities in general, the best year since 2009 the best year since. Fx, a fourth down day for the bloomberg dollar index, all the g10 currencies gaining against the greenback. Dollaryen, seeing yen strength at 108. 69. Euro near a 12month high. Butslipping a little today oil is heading for its best year since 2016. In china, a little optimism, even though it may not lift the market. The gauge of chinas Manufacturing Sector held steady in december, evidence the worlds secondlargest economy is stabilizing. The outlook for new export orders expanded for the First Time Since may 2018. On the trade front, deleting w
Is not seeing justice. Lebanon, theen of country that has an extradition agreement with japan. According to incoming chief naval. Close to 2 . It is supposed to be symmetrical or not. Spain, the Prime Minister is signaling growing confidence he will be able to form a government but he still needs the backing of the catalan separatist party. Besuccessful, sanchez will creating the First Coalition government since the 1930s. In australia, thousands of stranded tourists are on the beaches. Is turningk smoke the morning sky pitch black. Two more people have died taking the death toll to 12. Global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. This is bloomberg. Matt . Wright in london with your first word news. S gauge of china Manufacturing Sector held steady. The manufacturing pmi index remained at a reading of 50. 2 all the outlook for new orders on the trade front, the white leading china hock Peter
See whether tariffs will be impose or not, the focus is on jobs. At 63. 30. E well have a roundup of opec and saudi aramco and the pound. We are six days away, the u. K. Election is holding at the moment. Today, have an important Leaders Debate. Coming up a little later, dont miss our interview with the u. S. National economic director at 2 30 p. M. U. K. To. Time. First, look at straight to first word news. Lets get straight to first word news. President donald trump might be impeached before christmas, but theres no chance youll be convicted in the senate. Nancy pelosi says the house will draft articles of impeachment against the president for abusing his office High Pressure ukraine. Donald trump remains defiant. North korea may be preparing to conduct engine tests. Base kim jongun sexy dismantled as a concession to President Trump. Says he dismantled as a concession to President Trump. Political uncertainty is quote playing havoc with the uks labor market. This is according to a su
Than expected. That means we have a bit of a risk off move. We had moves from the central bank of new zealand, and overall, new zealand stocks are gaining. There is quite a lot of movement when it comes to commodities and we will have a full roundup of centralbank action and its impact on stocks and commodities. Coming up, we speak to the commerzbank chief Financial Officer. Dont miss that interview live later on bloomberg surveillance. Lets get straight to bloomberg first word news in new york city. Chinas currency policy is staying at the forefront of the trade war. Referenceet todays rate at marginally stronger than seven a dollar. Avowing to keep the Exchange Rate is vowing to keep the Exchange Rate study. Westminster and brussels blame the other for the diplomatic breakdown. Michael gove is in charge of planning for a no deal and says the eu is not bracing for a new agreement. The Prime Minister has made it clear he will not sign a deal that includes the irish backstop from a red