This is daybreak asia. I am betty liu in new york, where it is just after 7 00 p. M. Charlie it is just after 7 00 a. M. In hong kong. It feels like summer. Quiet in the markets. We have the trade figures of china and the trade balance in japan. Betty those are the big numbers to watch. Big market moving event. In terms of here in the u. S. , it mergers of a focus on that may or may not happen and specifically a look at Berkshire Hathaway and what they may be eyeing out on the horizon. Oil Prices Energy prices in particular in focus. Despite the drag, the market still managed to get out the gain. We will go through that in a moment, but that is setting up for a slightly bullish tilt for you in asia. Yvonne let us look at how things are playing out here. Cpi figures out of the u. S. New zealand, we are seeing the stock with weakness. 7356. Wi, the traders are worried about the dollar edging up. The worst currency in the g10 space, ahead of the decision this week as well. We are seeing a
Driver of the van maybe hold up in a nearby restaurant Catalunya Police confirmed there may have been that fatalities and the search for the perpetrator or perpetrators of the attack. Officials are rebuking refuting reports of a shootout. Phonee a reporter on the from madrid. Tell us what we know at this point. Iswhat we know at this point 2 people is the settle debts, the official number, and over 20 people injured, apparently. Police are being careful with the details and information, but so far the reports have climbed from the initial 2 deaths to 13 at least. That is quite a big number. And apparently there were 2 people in the van, a bit like what happened in a nice last year or the year before. And when against the crowd on the sidewalk. There were 2 people in it, and one of them is reportedly inside a restaurant locked up. They both ran away. Police dont seem to have been able to catch either one of them so far. Them is in a restaurant and the other one we dont know . Rodrigo th
Of energy. Will he get his weight . Way . Thats what you need to know. Fed decision. Bloombergs Michael Mckee. The lead line today, the fed finally nails Economic Projections except the one that matters, rate hikes. Inflation. What does it mean . Michael it may be the fed last hurrah. Wall street moves from the tempo to the capital and fiscal policy. The fed is going to be moving from what are you going to do in reaction to the economy to what are you going to do in reaction to fiscal policy . Where itmeeting about is. With a chart of inflation and unemployment as a are converging to where they said they would be. It is time to raise rates. That is why you do not see arguments from the market. What do they do is donald trump gets Infrastructure Spending and tax cuts through and the economy heats up . That is an open question. I have one other chart i want to show you. Monetary policy, even if the fed moves, very, very loose. Monetary conditions index is moving slowly, real rates are ne
Nations nuclear arsenals. All of the latest from moscow. Welcome to whatd you miss . Bloomberg daybreak europe, our flagship show from the city of london. Deutsche bank, 50 less than at the height of the speculation of autumn. 1912. 50 ofe bank settles for the number originally expected. Monte dei paschi will ask for state aid from what we understand. I have gathered together the price to book ratios. The red is that of the whole of europe. How decimated is Banca Monte Paschi . 05 . Barely Deutsche Bank trade that. 4 , the blue line, and it has seen a little bit of recovery. The question the market needs to ask itself today, is there a renewed probability of rising values once a state bailout is in place and Deutsche Bank settles with the regulators . Deutsche bank has put 9 billion 2008. Ince 200 defrauding fannie and freddie and mortgagebacked securities has drawn and 46 billion in fines, but this is a state of play. As a proposition to the market, do you see a resurgence . The yield
Quick. We very much welcome them. Its high season for corporate earnings and we will run down some results. Investor confidence is there. One objective is a better balance of profitability. We are reviewing our priorities. Thats all straight ahead on bloomberg best. Him him david this is bloomberg best, your weekly review of the most important Business News, analysis and interviews from Bloomberg Television around the world. Im david gura. Lets start with a day by day look at headlines. On monday, three days after the inauguration, President Donald Trump got down to business. President trump against his and President Trump against first full week in office. We have a Business Leaders meeting this morning. What emanated from this . Donald trump made it clear know you will reap message to different Business Leaders including elon musk and dow chemical. He said he wants these leaders to create jobs in the u. S. He was to reduce taxes, reduce regulations, but he said if they decide to take