Promises and his administrations performance so far. We have world coverage on daybreak asia, live in tokyo for japans latest inflation data and a breakdown on nintendos results. Betty here in new york we will look at big earnings from Technology Companies and talk to a former u. S. Ambassador to china, from montana. President trump is set to mark his first 100 days in office on saturday. This is daybreak asia live from bloombergs u. S. And asian headquarters. I am betty liu in new york where it is after 7 00 p. M. Yvonne i am yvonne man. Forhoneymoon period President Trump may be over soon, marking those 100 days in office. We are marking it with policy with saw. Betty whiplash, in fact. Lets look at how the markets closed today. It was whiplash. We went up and down throughout the session, there were lots of questions about how we get through tax reform, are we going to repeal obamacare, are we in or out of nafta . We ended fundamentally higher, earnings doing well. The nasdaq composi
That the manchester suicide bomber, salman abedi, was a potential threat. This week we get a health check on chinas engine of economic growth, its Manufacturing Sector. An sri lankas government is facing criticism for the sale of valuable Infrastructure Projects to china. Welcome to Asia Business report. From high tech gadgets do Economic Data to defence. They are all on the agenda for investors in asia this week. Tomorrow asias Biggest Technology fair opens in taiwan. And the state of the chinese economy has beenin the state of the chinese economy has been in the news recently with Moody S Downgrading the debt rating, and on wednesday we get another peek into the key Manufacturing Sector with release of the official purchases index. And on friday, top defence chiefs from the region will c0 nve lg e defence chiefs from the region will converge in singapore at a major annual defence caught. Early i spoke and asked what we could expect from the computex conference . And asked what we cou
Of the Balance Sheet . Those questions will probably be asked in my guess is she will not give us an answer. Interestsin her best but she might give reassurance that they are on the same path and will continue another rate increase this year and a winding down before the end of the year. We will have to wait and see. You brought up Financial Stability, morgan philly Morgan Stanley out that the fed is growing more concerned about valuations in at the markets and want to keep a close eye which is a message mario draghi brought to the ecb gathering in central portugal. David it reminds me of the highback chairs there. How cognizant is the fed about to the market . Michael there has been a feeling in the markets if the markets react badly to something the fed does, the fed will that off and that started with a taper tantrum. Been verye fed has closely watched in terms of Market Reaction and the janet yellen works to minimize that. Said officials will tell you they do not care. What they ca
Slowed. Nat dak off by 1. 5 . Last week, a pretty good week for the markets, dow was up by 66 points for the week. Nasdaq was up by 1. 4 . If you look overnight in asia, nikkei, 0. 4 . And kospi up 0. 34 . Markets in Mainland China were closed. The european equities, the dax is off. Off by 0. 4 . Market is flat in france and london as well. A couple other big stories were watching today. Weve got a lot. On the economic calendar, the ism. Auto sales. Tomorrow, factory orders and the paychecks Small Business jobs index comes out. Wednesday, the adp employment record, ism Services Reports and fed minutes. Thursday, weekly jobless claims, friday, wholesale trade numbers and march jobs report. There are a few names of earnings this week, monsanto, walgreens, boots alliance, young china, beth, bath and beyond and constellation. And on the wall street journal, trio of fed officials speaking today. Bill dudley holds a press briefly at 10 30. Philly president Patrick Harker speaking about finte
Saying people will need lifesaving assistance and protection in the next three months. President obama wants the u. S. To take a giant leap to mars. An oped says the u. S. Is partnering with private private companies to send humans on a position expedition to margin mars and back. Global news 24 hours a day powered by more than 2600 journalists and analysts in over 120 companies. This is bloomberg. Alix i julie im julie hyman. Joe im joe weisenthal. Julie the selloff in treasuries are deepening. Joe the question is what did you miss . Fresh concerns over faster inflation. U. K. Tability of the currency rocking the markets today. Shortly on the selloff. Facing one of the toughest passes more of his interview is coming up. Apple is higher today. We will look at the withers and the losers of the samsung shutdown. Yesterday, equity markets subject to a dangerous combination. Vulnerable. Ts are you have earnings expectations, pretty high. Andhave 30 high valuations levels of volatility whic