Bloomberg. Com. Lets check markets in asia pacific. In new zealand, down a quarter of a percent, the new zealand. Ollar at . 70 the strength of the kiwi weighing on equities and exports. Over to japan, futures trading in chicago, and it is pointing to a much lower open from fridays close, the japanese yen continuing to rise. No trading inket, australia, a Public Holiday for the queens birthday. Morning,tory this president obama says a massacre at a gay nightclub in florida is an attack on all americans. It is being investigated as an act of terrorism. By a lone 53 wounded gunman in the worst mass shooting in u. S. History. We have yvonne man with the latest on this. Asnne the attack happened 300 people were dancing and drinking. People described chaos and horror with dozens dead and injured as survivors rush to escape. Ae assault was followed by threehour standoff with people trapped inside becoming hostages. Teams form thelt ves tosetting off explosio distract the gun man. We are deal
Live from bloombergs european headquarters. We are getting breaking news. The i8 monthly report out. It is important because it gives what they are expecting what theyre expecting that she gives what they are expecting for 2017 gives what they are expecting for 2017. A lot of economists, goldman sachs, just six month ago was expecting the market to rebalance in the second half of this year. They came quicker. What we saw in nigeria and other parts of the world. In its latest monthly report is the first time we hear about 2017. The market balanced in 2017 and cuts the estimate of oil oversupply. This is euro market check. One hour and one minute into the trading day. This the picture for crude oil. A little bit on the downside. A lot of pressure on everything across the board. In one word, risk. That risk is off today. 1 . Pean stock down it did go into negative territory for the First Time Ever. It all has to do with brexit and risk aversion as the markets are trying to understand real
Systems, bringing it a new chief executive. A month ago, didi received 1 billion investment in apple, now 600 million. Investors are waiting on the fed, the boj, the bank of england. Taiwana, singapore, and start off their trading week. It is a central Bank Waiting Game this week. A bit ofeing quite trepidation ahead of those key policy meetings. Malaysia, singapore, and taiwan joining in the selling. We are still seeing significant weakness from korea, japan, and new zealand. Australia closed for the queens birthday holiday. Is leading the losses in the region. Now at onemonth lows. All of this trepidation has seen a big surge in the, so stocks under pressure, weakness and Commodity Prices weighing on materials and energy players. Out of the 225 stocks on that index, only two are in the black this morning. Korea down by 1. 5 , and new zealand off by. 5 . Futures are suggesting weakness from china and hong kong when they open at the bottom of the hour. A big week, chancellor Angela Mer
And a big day for china. Will be msci back beijing and include the countrys domestic shares into its benchmarks . U. K. ,the momentum in the the momentum surrounding the brexit story, it just seems to be gathering day by day. These power pulls out overnight, and then theres this. This is britains biggest selling newspaper. For those of you who dont know, this is an influential piece of paper in the u. K. Have . Ch influence will it how much will mr. Murdock influence the debate in the surrounding whether or not the u. K. Should leave . It has certainly had a big impact on past votes in the United Kingdom. Matt, what is the take in berlin . You have your ear to the ground. Is there a sense of nervousness for those that want the u. K. To remain . Matt i have to say, from talking to commissioners in brussels, there was real concern. They want the u. K. To remain, even though each commissioner i spoke with said they put together absolutely no contingency plan. When you talk to the people o
Brent a decline of 49 cents. Couple big corporate stories to tell you about. The biggest one, its final. Its here. Verizon set to announce an agreement today to buy yahoo for 5 billion. Sources telling us that yahoo will no longer an operating company after this. It will become a Holding Company for stakes . Alibaba and yahoo japan. Has a small platen portfolio to sell. Marissa mayer not expected to stay on after the deal is completed. Her severance, expected to be 57 million. Well have a lot more on the story in a couple of minutes. Other news as well. Tesla and solar city, theyre reportedly closer to a merger. No brainer. Thats a new one. One brain. Elon musk the largest share hoeflder in both companies. In the final stages of carrying out Due Diligence on both companies. The companies are carrying out due dial generals the right brain talking to the left . Elon did an interview this morning. Did you see this . Its a good piece. We dont get that paper. Its called the new york times.