Supplier are raising concerns about harsh working conditions. Lots to talk about. Stocks coming back on weaker footing. A volatile ride when it comes to the equity session. Were seeing a little fragility to trickle into the markets. Always volatile when it comes to the crypto space. Bitcoin falling up to 25 . This is a live look at the main cryptos we have been searching. Were seeing a ripple. Falling as much as 40 . A fear as we get the regulatory down. Toth korea deciding whether question the legality of cryptocurrencies. We have china working to play whackamole to clamp down on some unofficial Trading Platforms as well. That is always the story we are watching for you on bloomberg. Looking at the broader markets, we are seeing the caution play out. 30 minutes from the opening in china. Coming online. Lets get it to sophie to see how we are faring. Caution indeed. Halting a threeday ride. The dollar is being stented by the rise in the euro. The dollar in particular. Set for a six day
Trade. They simply Steven Mnuchin said the u. S. Deserves the right to be protectionist. Haidi i am haidi lun. This is daybreak australia. We are moments away from the opening of the first major markets. Etty i am betty liu we are looking at how all the action on wall street will play into the asiapacific trading day, kind of a whimper in how we ended trade on friday. Retail Sales Numbers we are looking at friday morning coming in and missing estimates for the most part, so we will get more data this week that will include numbers on the Housing Market that will lead to more clues whether or not the big consumer demand we have seen in the u. S. Driving the u. S. Markets, whether that is peering out or not. On friday we close down, the dow was down 20 points, the s p lower. The nasdaq composite pretty much unchanged on friday. Sort of a mixed, mixed session. U. S. Is in, and the this relentless phase of being range bound. Againatility, falling heard the 90, 93 lows. Is ifa, the big agen
Make his statement at 11 30 eastern. We will be carrying that live. We had a joint News Conference from the f ei. Bloombergs International Economics correspondent in washington in washington today. The press conference will go ahead later on. Questions on this event. It is not clear that it was the majority with being targeted in any way. Accounts would suggest that in fact he was not being targeted. No, it does not appear this was a deliberate attempt to shoot him. Came to the baseball field and began firing indiscriminately. Was on secondtive base. Congressional republicans practicing for the annual charity game against democrats, that was scheduled to take place the baseballt at stadium in washington. A number of people. Because he is the number three Ranking Member of Health Leadership Representatives Police has a Capitol Hill Police detail with him. Those officers opened fire on the gunmen paired at least one was hit. Alexandria Police Responded within three minutes to the call an
Bestselling has e selling has ebbed somewhat. David we get the advanced goods trade balance for the month of may. At nine 30, ecb president mario draghi, bank of England Governor Mark carney and bank of japan and the bank of Canada Governor will speak at the ecbs forum over in portugal. At 10 00, it is u. S. Pending home sale numbers for the last weeklynd we will get crude inventories data after oil has come off with its most consistent gains in almost a month. Jonathan that is the lineup for the rest of the day. The lineup for the next 10 minutes, if you want political theater, you will want this. The house of commons where Prime Minister theresa may will be taking questions for the First Time Since the general election, pitting her against the labor leader in the opposition, Jeremy Corbyn. T is may versus corbyn you can watch that on your bloomberg terminal. That will begin shortly. Over in the United Kingdom, the story in the world of Central Banks is the fed taking notice of rising
Well get numbers on how much theyre looking to invest over the next six months. Speaking from the lobby of trump tower yesterday the president said both sides are to blame for saturdays violence in charlottesville, virginia. Following those remarks rebecame the latest to resign from the president S Manufacturing council. This is what he said this morning. These organizations at their core, thats unacceptable. Thats not an American Value its the symbolism of being associated with it the council itself is totally ineffective. Its never met its to be able to deregulate industry so its totally separate but its the symbolism of being associated with it that we rejected yesterday. Sort of echos whats on the front page of the journal and thats below the headline about the press conference itself on the lower left side of your screen or right side the ceo is rethinking twice the white house which is a whole new political calculus. When you have the 13th amendment deniers and holocaust deniers