Over the election may overshadow the trip. Yousef it is 8 00 in the emirates and 4 00 in london. Im yousef gamal eldin. Hery midday here in hong kong were seeing a quiet start to the week. The regional benchmark is gaining ground but it has been a quiet session. A lot of the focus will be on chinese earnings. Take a look at the function on bloomberg. The hang seng index continuing to gain. The south korean won leading those gains. They stand out as the best performers in asia this week. 1 . Yen losing 8 10 of declining 48 a barrel. Debt yields in asia when it comes to the debt markets are falling lower. The university of michigan Inflation Survey fell to a record low. Yousef in this part of the world, two hours away from the opening of the market. The state of play, very weak volumes in dubai. Properties getting knocked down 2. 7 . Saudi goodell up saudi tadawul up 2. 5 . We are continuing to watch out. Quick note on what is happening in egypt. Poundng how the egyptian is moving in ter
Im rob nelson. Or late birds. Im michelle charlesworth. Ann is taking a little respite. She works around the clock. Shes in a very nice spot. Good spot. So shes chilling. Jeff smith slumming with the weekend morning crew today and tomorrow. Good morning, sir. Hi, jeff money. Always happy to be with you guys. Well warm up as we head into him to. Were going from winter chill to springlike warmth as we head dep near the weekend. We see the first little glimmer of hope. We have temperatures in the lower 20s like white plains and 26 in teeterboro, 28 at jfk and la guardia. Of course you add in the wind and it will bring things into the Single Digits well north and west of north city. There is a squeeze play with the system well off to our north that will spread snow showers into parts of canada. Were south of that system, so that means a westerly and southwestly flow during the day. It will be breezy like yesterday, but not quite as cold. We take the edge off of that arctic air mass just a
Star state reporting on the impact of low oil on jobs and the economy in the great state of texas. First, lets get to bob in the heart of all the action down at the nyc. I can hear smashing in the background. All those records being smashed again today. I believe its been the best twoweek gain for the s p in three months and im just looking at the leaders here. Energy and materials are on fire. Once again. At that level this will be a new historic closing high. Well see if we get there here. Intraday inteks for new highs, theres a bunch of them. The s p 500 is an at intraday by semiconductor index, i mentioned this all week its been at historic highs. Midcaps have been historic highs. The nasdaq is at a 15year high. The russell is close to new highs as well. Well be keeping an eye on that. Leading the charge as mandy mentioned is energy and will we see brent up very strong this morning and close west texas intermediate. We get some of the more volatile names up. Danbury, halliburton, b
Dc, except for the trial or to meet with his lawyers. And all of their flight and landing on the capitol lawn yesterday, he faces only two charges related to the incident. Unlawfully flying an unregistered aircraft and violating National Defense air space. The maximum jail time is just four years. At u. S. District court, wusa9. Now hughes will be required to be back here in dc next month. His next court date is set for may the 8th. And to the capitol lawn to take them through some of the most highly restricted air space in the nation. And without being noticed . Bruce leshan has that part of the story for us. Reporter two big issues that authorities are looking at. More on the possibility of the Communications Failure after both the police and the secret service were allegedly warned that hughes was coming. The other, the ability of that gyrocopter to literally fly under the radar. The low and slow and below the level of radar, the Mailman Doug Hughes was able to fly his gyrocopter ri
President Obama Meeting tonight with his counterparts with canada and mexico. On the agenda u. S. Immigration reform. Americas foreign borne population reached 40 million in 2011 or 13 of the total population. 11 of that 40 million are believed to be undocumented. More than half that number are thought to come to america o from or through mexico. The debate is to give them formal status or to ship them back home. Unfortunately, our focus, our obsession on mexico and the border detracts from a deeper discussion about the economics of immigration. Putting aside much of americas agriculture industry relies on Migrant Workers without whom man argue the price of your food would go up. Through high tech relies on immigrants of a different sort. Highly skilled immigrants and foreign workers. 819,000 foreign students studied in the united states. Thats 3. 9 of the total student population. Burnt immigration rules put restrictions on those who try to stay on and work in this country. Many high