The economy is maintaining last years momentum. Let us have a look at what is going on with regard to the moon out there. We have records for mood out there. The dows climbing. Its always we have so far for the asian equity sessions. Sessions. 225 of 0. 1 . We are showing a contraction there. That came days after the bank of korea itself raised growth forecasts looking at 2018. Overall, the dollars strength is climbing a little bit compared to its japanese counterpart. It is waiting into the unusual theic discussion, saying strong dollar is favored after endorseduchin an a weaker dollar. That prevented a fallback. Let us have a look at what this chart says. We have industrial profits coming out. The chinese economy is a tale of two sectors. The diversions between large and Small Companies is deepening. We have the pmis for the Large Companies in indigo. You can see how they have been expanding under the contraction for small ones, and that is reflected in the stock prices. Blue,e the c
Large amount of the countrys population and oil fields. In british judge has upheld an arrest warrant for wikileaks founder julian assange. Lawpent years avoiding the and is trying to avoid exhibition to sweden and is wanted there for questions of allegations of Sexual Assault and rape. Assange were to leave the embassy, he could be arrested. Faces its worst job on record, the port city has delayed three weeks of which they may have to turn off Water Supplies the residents. 4 watero is set to june usage reaching a record low. The South African government has declared a National Disaster in the southern and Western Areas of the country. Global news, 24 hours a day, powered by more than 2,700 journalists and analysts in more than 120 countries. I am mark crumpton. This is bloomberg. Shery i am shery ahn. Vonnie i am vonnie quinn. What the bluebird markets welcome to Bloomberg Markets. Here are the top stories on the bloomberg and around the world. All eyes on inflation with investors bet
Bashir alassad. Tillerson this observation that the u. S. Has no leverage or role to play is false. We are working closely with russia who has the greatest influence on the assad regime and can bring a sod the regime to the negotiating table in geneva. Secretary tillerson said that Coalition Forces of taken amount of thearge countrys population and oil fields. It may have been the deadliest fight between citizens of the u. S. And russia since the cold war. According to people familiar with the matter, u. S. Forces and syria killed between 100 and more than 200 mercenaries, mostly russians fighting on behalf of syrian president bashir alassad. Attack on a base and a refinery. International community has led jordanian people down. Ability told the Russian News Agency that a large migrant influx into jordan, many of thems. Refugees, has made life difficult for his own citizens. There is a high price for shouldering a refugee burden and wishes the world would show them more sympathy. Globa
You saw most of the major averages yesterday sitting at new highs. The dow was off by 3 points. This morning green arrows across the board. Dow looks to open up another 60 points s p up by 3. 5. The nasdaq up by a half point. Overnight in asia, look at what was happening there. The nikkei was down. It slipped by 0. 8 the hang seng and the shanghai were stronger. Shanghai up 0. 4 if you look at whats happening in the european equities market. At this point it looks like markets are flat across the board. Ftse is down by a quarter percentage point treasury yields, lets look at that market. Oil prices, dont mow if you saw this yesterday Oil Prices Surging yesterday that will be something to watch. Highest levels in quite awhile check out the tenyear note which at this point is yielding 2. 634 lets tell you about some big stories were watching the biggest here in davos, treasury secretary Steve Mnuchin making headlines at a News Conference he said the United States welcomed a weaker dollar
Revenue abroad is translated back, it is translated into more dollars, but, but, longer term could be a problem with more currencies, digital or otherwise. Eventually it may clip us. Were on top of some white house developments. We might hear from the president of the United States. Remember he is heading off to davos. So when he does, and outlines some plans, he is formizing a lot of ambassador assignments right now. I dont know whether they give them press passes or what. Bottom line, that is what were waiting on. Later on today he will meet with the nations mayors. He will be a busy guy. Of course theyre trying to say now that the government is back in business we think get back to business, resolve all this immigration kerfuffle, sooner rather than later. That well get into is looking a little bit dicey. Meantime, more companies sharing the their riches, their tax cut riches. Starbucks latest to say it is going to be sharing wits workers, not only bonuses or maybe cheap coffee but