The u. K. Prime minister suffers a blow at home as lawmakers secure a final vote on the brexit deal. She heads to brussels to continue negotiations with e. U. Leaders. Good morning, your risk radar, some the assets you should watch carefully today. Oil is on the top of my list. About. 2 after falling 2. 4 over the last two trading sessions after u. S. Eighth weekly his gain, now at a 30 year high. Watch for that number, kind of a dead cat bounce to possibly fade throughout the day. Take a look at the pound after said mays humiliate humiliation parliament yesterday. Up on the cable rate, just a slight gain their but you may see that new, depending on the headlines that come out of brussels today. And the 10 year after the fed 2. 36 percente ec is the yield here, rising as investors selloff that debt. Janet yellen telling investors the fed still expects to raise rates three times next year and does not expect a giant jump in the economy from the tax cut. So a lot of interesting things to
Commodities largely oily largely avoiding the rout. The latest from Goldman Sachs. This is Bloomberg Markets asia. Haidi as you mentioned, it wasnt smooth sailing. It was quite a stomach churning roller coaster. Buckling and go along for the ride. Opening the dow with that lunch, and we had a 25 minute period with a swing of more than 900 points before we had major u. S. Stocks finish in the positive. The question is, is this the new normal . His volatility back with a vengeance . Lets take a look at how things are tracking when it comes to the asian session. We are seeing this recovery mode playing out when it comes to Japanese Equities. Some of the hardest hit yesterday in the selloff. The topix rising about 3 at the open, the nikkei 225 also up by 3 . This is being driven by tronics best buy electronics by electronics and auto. David finally we can focus on the data coming out. There, and the words of bon jovi, because that has almost been the anthem across markets. Really living on
President trump getting assassinated. The outrage coming up this morning. The gulf coast face it is fallout of Tropical Storm sendy, tornadoes slamming alabama leaving a path of destruction. Today marks a year since britains historic vote to leave the european union. British Prime Minister theresa may detailing plan for eu citizens to stay in the country after the exit and American Airlines not too happy with possible investment of Qatar Airways. Why american ceo is pushing back on that buy. Plus the big banks and what that means for President Trumps regulation plan. Markets look like this this friday morning. We are expecting markets to open mix. Nasdaq up 6 points this morning and in europe take a look at indices right now. As you see weakness across the board. Ftse down, almost half a percent. Cac quarante also weaker and dax down as well. Many asia markets closed like this. Best performer kospi and shanghai. All those stories coming up this morning and joining me to talk about it l
Translator i will discuss the issue of restarting the Nuclear Plant soon. I will clearly state that a restart cannot be accepted under the current situation, because the safety of the plant cant be assured to protect the daily lives of residents. Whether to restart the Nuclear Power plant was a major issue in the campaign. Yoneyama pledged to uphold the incumbents stance on the plan and called for a thorough review of what caused the 2011 disaster in fukushima. He was recommended by the japanese communist party, liberal party and social democratic party. He defeated the candidate endorsed by Prime Minister shinzo abes ruling coalition. Translator i am extremely disappointed the candidate backed by the governing bloc lost. But i respect that the voters in niigata have chosen yoneyama. Japans industry minister, who oversees the countrys utilities, promised to listen to the new governor. Translator we have been incorporating the governors opinions into how to deal with disasters, includin
It is the last day of the trading week. Lets check in on markets with caroline hyde. It has been quite a week. Caroline the hangover seems to have hit. A few heavy heads amid the christmas festivities. It looks as though the hangover has set in stocks as well. We have euphoria after we saw at last the Federal Reserve increase their rates, and actually, the markets seem to abide by the fact that janet yellen is saying the economy strong enough. Now we have a deterioration. On the stoxxing 600 after all the gains of the Federal Reserve rate hike in the u. S. Have been wiped out. Significant declines and the United States yesterday. If you dig into the Industry Groups, have a look at this. Across the board, nearly every single Industry Group is falling on the stoxx 600. Miners are up. Up 1 , leading the charge after we saw that china copper looks like they might be a building stockpiles. That is helping metals this morning. Miners overall managing to weather the storm today. Look at it in