Guy european stocks drifting lower little bit. The chinese pmi data the weakness weve seen any break on forward momentum. The chinese data represented here down by 2. 25 . Anything with significant exposure to china particularly on the Services Side has been weaker today. The area that is seen some strength is energy. Look at whats happening with brent. We are trading around nine the russian and saudis will continue their cuts till the end of the year. Alix im surprised that the markets were surprised. S p 500 is off by one point 1 10 of 1 . We seen a much more powerful rally earlier. Fading a little bit. Still eking out a gain of 6 10. One of the only sectors up in the green today. What is really interesting evolving here is persistently stronger dollar. The dollar index at the highest level since march. Does that persist in stronger dollar, where are we in that . Is that good value now . If we have questions about the economy, a wage price spiral. Are we appropriately priced along th
A good morning and welcome to daybreak australia. Annabelle i am in hong kong counting down to the market opens. Shery good evening. The top stories. President biden wraps up his trip to tel aviv signaling full backing for israel and supporting its claims that Palestinian Militants were to blame for the gaza hospital glass. The visit failed to calm concerns of the wider conflict. Oil rises amid calls for an embargo. Shery tracking the nasdaq after tesla and netflix post earnings. Take a look at those two stocks. Netflix rallying in double digits at the moment after we actually saw the biggest subscriber growth in years, actually raising prices for some customers in the u. S. , u. K. And france. Tesla under pressure, profit and revenue missing analyst estimates. Take a look at u. S. Futures at the moment as they come online in the asian session, gains for nasdaq futures given the results from those two companies but at the same time coming off the s p 500s worst day in over two weeks as
Mcconnell says that incumbent senator Luther Strange will retain the seat until january, allowing the republicans to maintain a majority. Cal chancellor on Angela Merkel and Emmanuel Macron held a joint News Conference on immigration. We are not quite in agreement on solidarity. Work,we must continue our because we cannot have solidarity in europe on certain matters and not on others. Mark germany has taken in the largest number of refugees. Global news 24 hours a day, the by more than 2700 700 journalists and analysts in over 120 countries. I am Mark Crumpton. This is bloomberg. Julia live from bloomberg World Headquarters in new york, in julia chatter i am julia chatterley. Scarlet i am scarlet fu. Joe and im joe weisenthal. The question is whatd you miss . Senator bob corker makes a 180 and says that he is a yes for the tax bill after initially opposing it. As a cryptocurrency take steps towards going mainstream, concerns over an initial offering grow. Meanwhile, another hedge fund
China out prices in in half an hour. 4898, it tells you what has been going on since 2006. The white line indicates firsttier city performance. We have had this massive runup in june 2015. Ever since, we have seen this fall back. It has been muted for secondtier and third tear cities. We have early data from china real estate showing a sharp rebound in tier one cities and tier three cities. Is the result of strict controls during the october Party Congress unwinding, so the possibility of a turnaround. All will be revealed after xi jinping said houses are for living in, not for speculation. The lastding day of week in this part of the world, singapore, taiwan, and malaysia kicking things off. Sophie the countdown to christmas, risk on for markets with the u. S. Tax bill passage looking likely. We have the Malaysian Ringgit and the won leading declines against the dollar, and the yen looking to test 113. We have u. S. Key Economic Data deck this week. Shares mostly climbing. The kospi l
Of you. Francine this was the curtains will change at the white house. Bloomberg news. We have plenty. Taylor several thousand people smashed windows and damaged cars on the second night of demonstrations. There were protests in a number of other cities, including new york and chicago. Donald trump called them rational protesters incited by the media. He said they are very unfair. Donald trump selection means talks for the tpp will be put on hold. The trade commissioner spoke to reporters in brussels. President , wew dont really know what will happen. We have strong reason to believe biggestll be not the irony for the u. S. Administration. Taylor this would eliminate tariffs and increase regulatory cooperation. Russias cautioning against excessive optimism. Up president disagreements will continue after donald trump takes office. He said relations are at the lowest point in decades. Taliban militants launched an attack on a german consulate in afghanistan. They killed six people before