Job in january. The 81yearold republican senator returned home to arizona after being treated for a viral infection that walter reed medical center. On thess a crucial vote republican tax ill next week. Victims of a ponzi scheme are set to have 600 million at the start of 2018. The trustee in charge of thanering funds said more half of madoffs customers who submitted approved claims will have gained their loss investment in full. Have been total recovered so far. He expects to recover the entire 17. 5 billion dollars in question and perhaps more. Global news 24 hours a day powered by more than death global news 24 hours a day powered by more than 2700 journalists and analysts in more than 120 countries. I am Mark Crumpton. This is bloomberg. Julia joe i am joe weisenthal. Nasdaq, p 500 and the fresh eyes today. Joe the question is what did you miss . The republican tax bill may make it to the president s desk i friday. Planning to vote on landmark changes as early as tomorrow. Theinto
A bond rout in overdone . Been overdone . Another survey said 50 Job Vacancies have slumped. It talks about a seismic drop in brexit starting to bite. Bitcoin has a bad day. The cryptocurrencies slums on new south korea is planning a crackdown on bitcoin exchanges. We are half an hour way to the european open. Take a look at the futures. The wei trading up and futures mispriced, we will have a slightly positive open. You can see the cac less than. 1 of 1 , the ftse even less in the positive territory. Take a look at what is much more exciting and that is treasuries. The 10 year yield is what anybody is watching. The question is, are the biggest names in finance wrong . Bill not bill gross, jeff dunlop gundlach. Continuing to buy treasury. That would be hard for the market to bear but we have the yield coming back down, 2. 45. Lets get the bloomberg first word news. Says in report claiming officials reviewing the countrys Foreign Exchange holdings have recommended halting purchases of u
Estimates to the value of coming under a unified structure. Were open to all ideas which can simplify our business. This is a project that still has a wide possible range of outcomes and raking in the cash covestro valleys as they say theyre generating cash faster than expected due to Strong Demand but the ceo says he is not eyeing any specific acquisitions theres lots of opportunities. What is missing is value created opportunities. We have a fixation on any deal, if we were to do one, has to be value creating. Shares in ihg check in at the bottom of the stoxx 600 after the hotel Group Launches a Strategic Review and halts special dividends. The ceo tells cnbc how the firm is spending its cash we announced a number of Strategic Initiatives to accelerate those trends and bringing new brands to new markets, launching new brands, investing in technology and funding more efficiencies in business to fund that growth good morning lets look at how european equities kicked off the morning. Th
Coming to you live from bloombergs asian headquarters in hong kong. Checking in on markets in asia this morning to new zealand, we have the Second Quarter jobs numbers out with the Unemployment Rate coming in line with estimates at 5. 9 . Stocks currently rising 2 10 of 1 . 6536. Olding at we are counting down to the openings of australia, japan and south korea. Japan seeing downward trend. Down 2 10 of a percent. Futures now pointing to a slightly higher open. The dollar yen at 124. 35. We will stick with the markets with some relief for commodities and oil came back from a sixmonth low. That was not enough to lift equities in the u. S. Su keenan been tracking the action on wall street. Su we definitely salw oil rebound. We also saw stocks slide and th at was as you had to focus on earnings which continues. Results were negative. That stock got hit by about 10 . The real focus though has been on apple whose shares have been down since it reported earnings more than one week ago. It wa
Hello, and welcome to daybreak asia. I am haidi lun in sydney. Betty i am betty lou at Global Headquarters in new york. We are talking about the aftermath of the ecb meeting. But really, we are looking ahead to this weekend. I want to bring this function. It shows you the path of Hurricane Irma, which is expected to make landfall sunday afternoon. You can see it will hit miami at 2 09 p. M. As a category four hurricane. This has been a fascinating story, six months in and making, owing to the el nino affect. After Hurricane Irma we have hurricane jose. Looks like there will be no relief for the storm. That reflected market sentiment. Lets pull up how the market closed, jitters among investors. Even see the dow off by 20 three points. The s p and nasdaq unchanged right now. When it comes to asia, a mixed picture. Were looking at positivity in early trading. New zealand, look at how we are shaping up, the nzx 50 up by 2 10 of 1 . The kiwi dollar at. 7231. It was the worst performer out o