Others say reform must come quicker. Betty Chinese Markets coming back online. If have others like japan offline today. We are washing for reaction to the jobs report on friday. It was really quite interesting. You continue to see for the first time, you saw the equity markets little bit unsure of how to read the jobs report. Wage growth surprising many economists. I want to pull a chart that shows you how disjointed the treasuries market has been from the equities market. 6076. As you know, equity markets have been on a record run, it seems like stock investors believe the economy is Getting Better for Interest Rate hikes. If you look at the bond markets, yields are in the tightest range since the 1960s. They have been that way the last three quarters. It has to make you wonder, what exactly is worrying the Bond Investors . Yvonne what is being priced in at the moment . We spoke with bill gross on friday about the jobs report. We have been here before. We really have not been able to
Aiming at 30,000 before tackling its alltime record. Ntra valued at almost a billion dollars. Sophie bill gross says Neel Kashkari will be the good choice for the head of the fed but it will not happen. Rishaad lets have a look at what happened last week and what we are expecting today is for a up on the Chinese Markets. Lets look at this chart. This is what we have at the moment. It is this reopen after the holiday. Great week. To guess mainland looking at cut, trading in hong kong surged about expectations of the central bank gaining again. Sophie historically we have seen the day following the golden week holiday pretty good for the shanghai composite. We are 30 minutes away from the open in china and hong kong. Singapore and malaysia have come online. Taiwan is on holiday. We saw the msci asiapacific index has the best week since midjuly. To thecounting down reopen. Today we have south korea, japan and taiwan all closed. Australia is the leader. Report coming in from mining players
Theresa may and eu insists that brexit ball is in each of his court. Yousef it is 8 00 a. M. Across the emirates. I am yousef gamal eldin in dubai. Angie i am angie lau in hong kong. Ink politics means punk politics means pingpong politics. We take a look across the asiapacific region because it is admirable sparring in washington that is putting in doubt that u. S. Tax reform proposed by trump. Japan, south korea coming back online. The kospi climbing the most after attending holiday and one of the big movers on the kospi is samsung. Take a look. It is my the biggest movers on the kospi index. Yousef, what is moving in your market . Yousef look, quite a few things to look out for. Brent crude, little bit of gain but the opec nonopec talks not really impressing this market. Really up. 1 . We are looking ahead to u. S. Crude inventories, those are forecast to decline way third week. Gold futures ahead front of the fed oh head of the fed minutes. U. S. Treasuries the comeback on. Ine, ju
How far will this scandal take us . Turbulence and the discount carrier space. We are less than a half hour away from the start of european trading. No sense of direction. The agent session did not give us much. It didnt take us forward. The treasuries were closed yesterday in the United States. Aat we are starting with, is blank piece of paper when it comes to the markets, and a directional story we will talk about. It is going to be interesting to see how we work through the day. Wasstory out of asia interesting in a few ways. The biggest story to me, the big political story coming up is what happens in china this morning. Austria, interesting. The town out of this is that the dollar is weaker. First word bloomberg update. Banks, guy. Catalonia faces a day of reckoning. Barcelonas mayor has said the results of the referendum cannot serve as a basis for secession. Read more companies are leading the region. Three more companies are leaving the region. The u. S. Has blamed turkey for i
After a tense session in parliament it seems like catalonia will remain in spain at least for now the regions president announcing further talks and International Mediation to get the reaction from the business world. Also on the show with many bankers relocating to frankfurt even before breakfast search for schools and kindergartens is getting tough. And the i. M. F. Is confident the World Economy will grow stronger than expected well tell you why. Its time for business on the w. B. And how you got to get us welcome to the show and well start with what could have been a backlash for europe that never came investors are breathing a sigh of relief after catalonia didnt declare independence today once again calling for dialogue instead the euro rallied on the announcement in the Catalan Parliament its now trading at over one dollar and a team hasnt been that high since before the october first referendum all eyes are now on spains main index it was down almost one percent before the news