Really something that has been weighing on equities over the course of this week. We saw it heating japan stocks broadly but tech feeling the brunt of it. Today we are actually moving a little high. It is a reflection of the other theme we are tracking today. The u. S. Inflation print a little hotter than expected but not too hot to really shock markets. We saw stocks on wall street climbing to fresh records. So that is positivity coming into the session. But as we said, a lot of unions in japan will be reporting on wage or pay deals this week, and wednesday will be the heaviest day or amongst the heaviest day for announcements before we get that first tally being reached and reported on on friday. Lets shift into korea now and take a look at what is going on in the session so far. Of course a market heavily correlated within the dynamics of wall street. Unsurprisingly you are seeing stocks moving to the upside. Tech names are the ones to be watching because we saw the likes of nvidia,
Good morning. This is bloomberg daybreak europe. I am in london. These are the stories that that your agenda. A weak picture on asian markets as fed officials to further rate hikes debate further rate hikes. You can russias commodity export. Oil is steady. Benjamin netanyahu tells bloomberg exclusively he will not pursue the entire overhaul originally planned by his government. I will still give it several months to try to get another consensus. It will probably be about the composition of the community that elects judges. Not to get into a point where the Legislature Just knocks out any decision that the court needs. There has to be a balance. Request good morning. Happy monday. Welcome to a new week. Treasury radios are edging higher. All of that after that mixed u. S. Jobs report. Just as there was in the latest fed speak. Him talking about a pivot to a hold and her talking about potentially more hikes. Traders pricing about a 40 chance of another quarterpoint hike by the end of the
Street because the pavement was so hot. I have seconddegree burns on the bottom of my feet. Reporter amid the tragedy, a silver lining, as this couple sifted through the rubble of their home searching for their wedding rings. He found it . One, we are still looking for the other one reporter meanwhile at the airport, tourists desperate to get home, thanking the locals who helped them reach safety. One of them said, there nothing else they can do, they cant get to their home, they know that their family is safe. So i might as well be here to help. Reporter as for those returning home, hawaiis governor, going on local television sharing that residents from lahaina can now visit their property and see what is left of it. Several locals that we met with, already on their way. Larry amazing they found their wedding ring. Two newlyweds from santa rosa tell may tell abc 7 is about their honeymoon in paradise. They were forced to evacuate. Cornell bernard tells us what kept them them,. Them ca
Inflation. Rafael bostic says he sees just one u. S. Made that this year. Apple says it made 14 billion worth of iphones in india, double and production as the tech giant accelerates its private away from china. Good morning and it is cautioned in the markets this morning as we await that inflation print. Traders impatient for rate cuts and have already had to contend with two cpr reports this year. We have another thorn in their side. The stock were waiting for this report. You had the s p 500 dipping. Nvidia leading the losses. Closing just above it. If we flip the board over to the cross as a picture, we are not expecting too Much Movement on treasuries as we wait for the cpi report triggering fireworks in the markets. But you did have treasuries climbing. While below that 4. 5 level. 4. 35 is where we are currently. The dollar pretty steady. Brent back below 90 a barrel. Holding the two day decline because on the one hand you had this Industry Report pointing to a gain in u. S. Sto
Hauling back. We are told the target will not that having9 , and not been lowered since 2012. Global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Let me get you a quick check of markets. Closing bell in australia. For the markets update, this is bloomberg. Emily im emily chang and this is bloomberg technology. The fight for smartphones the premises. The way and on the upcoming battle between the iphone x and the Samsung Galaxy s9. Believes the trump team and its mastery over analytics won the election. Itsaba put tencent and crosshairs. In its crosshairs. First, to our lead, the battle of the smartphone. Samsung has come up with its response. The company unveiled the newest off the heels of this announcement. Apple is preparing to release a trio of smartphones. Handset comes the same size of the iphone x. Apple is already running production tests with suppliers. An official announcement is expected in the fall. M