Thats across Bloomberg Television and radio. Manus nejra, very good morning to you. Its daybreak europe. There is only one topic. What is going to be discussed in davos in regards to Climate Change . Theres a wonderful piece. Central banks, does this week set the table for Central Bank Policy . What will the shift in gears from the ecb really tell us about the outlook for inflation in europe . Nejra yeah, theres a fantastic piece on the uber talking about peak decade. This is something that will be talking about peak globalization, peak cars, lots of different topics where we can get some direction, not just for 2020, but the whole decade ahead. Looking forward to those conversations. Us go inside the markets. To the dollar, first of all, and this is the important part. Ch bears are back in arge. Theyre pushing short positions back to the highest levels since may, 2018. Is it the end of u. S. Exceptionalism . Do you fight back against yield differential . We have a major story were tra
unchanged and we are in wait-and-see mode. here ago, sterling just nudging a little, but ultimately will be with the situation data points being very depressive and the bank of twice. cutting rates let s have a look at what is happening market wise and some of the movers really affecting what is going on out there at the moment. be atund zero seems to the moment, 500 points, pretty much everything down is everything is down with the except of exception of pharma stock. you are seeing luxury stocks as well and this report came out talking about the travel sector, the travel sector stocks are going to take more of a fall and there are no worries hitting the markets they say unless we hear an official announcement that the academic epidemic is under control. we are still seeing that kind of all-out and of course as we get closer to that lunar new year holiday. let s look at the first word news. a new report published in davos, saying a proportion of ceos expect global