Lots to talk about. Looking at chinese debt, its another way of looking at all of this as the Deleveraging Campaign continues. , have a up the chart look at this is the borrowing binge. It has really been chronic. It is a chronic concern. Looking at this, we have total 206 of gdp, higher then twice the average economies. Should we be paying that much attention to the total amount or should we be looking ahead . This is deleveraging, the push that we have. There could be some light at the end of the tunnel for the naysayers about the chinese economy. Kong, shenzhen, shanghai and just under half an hour. And we have singapore, taipei, and kuala lumpur. On the street of dreams overnight. A tech rally, it was felt by the draw we saw in metals. It could be in for an interesting session. We will take a look at the big picture. The longest losing streak this year. A dollar. Tracking the decline into your treasury yields. Some of the tax talk optimism. Sliding with bond yields on the gdp. Seei
Speaker paul ryan had to quell a revolt. From bloombergs global headquarters, miami new york. Cannot in the new york we are just past 6 00 p. M. Not a huge rally in stocks but all the major indexes in green. We have the s p, also up one third. The nasdaq gaining just over 0. 5 . The joy from the u. S. Not being spread to new zealand as they have been training for a couple hours. The kiwi dollar, little change against the greenback. We are up a couple points at the moment but it is hard to get the idea so early because we have the staggered open in australia with stocks trading in alphabetical order. The aussie dollar unchanging. It did take a bit of a pounding this week with weaker than expected gdp and trade data. If we take a look at japanese futures, trades are out of chicago very slightly higher. Nikkei futures also looking a little bit healthier. The japanese yen strengthening against the dollar. Lets get the first word news. Thank you paul. Erupted across palestinian territory in
This is bloomberg daybreak europe and we have a more positive picture coming through on the asian equities session. We are focused on what is happening in brussels. Lets get to some of those stories. They are moving markets. , this is good news. A broad base rally coming through in japan, and hong kong is where we are getting strength coming through after it was all the u. S. Stock market do nicely. S p gaining for the first gain in a week. Onto a story in brussels. We have seen theresa may arrive and it seems brexit will be done in brussels. David davis is with her and she is going to be meeting with barnier. Could we get a deal is our . We are looking forward to the press conference and another speech at 6 58 london time. We have bitcoin down by. 43 . By any other asset standard, that would seem like a big move. 16,000 up to 20000 and back down again, but still of 16 fold. Manus everybody is sharing their voice in terms of what is next. Billionaires were born and americans are gettin
Moving into the thick of things as we move into these markets opening up in the next hour or so. In the asiapacific, it is friday. Lets get a sense of how we have done so far this week. Looking at one of our functions on the bloomberg terminal, a flow of the money into and out of different etfs around the world. Over thehe net flows next week or so. The u. S. Has obviously seen a fairly topsyturvy ride and where we are. Getting weakness come through earlier on in the japanese currency. ,he yen solvency also there reacting or perhaps getting offered up on the back of the gdp numbers coming out of japan. That inbe talking about a few moments. We are looking ahead to the data coming out of the chinese mainland. Around this time tomorrow, the all important inflation. Ppi numbers coming out, so it is. Airly big lots of guests coming on the show to tackle these topics, including bitcoin. 30 minutes away. Thats on the open up markets here in hong kong. Sophie is tracking all the market moves
It is 9 00 in hong kong. Foroin, a watershed moment this crypto currency. Futures trading in chicago over the last hour so, and a little bit of volatility when it comes cboe website crashing. This is a pretty significant milestone in terms of this currency or commodity to get mainstream appeal and credibility. We will talk about that later on. We are looking at Central Banks this week. It is a big week when it comes to policy. 15 Central Banks globally, including the fed. Wirp onp the the bloomberg. This is likely to be the third and last of Janet Yellens rate hikes as she exits this role. Dotquestion is whether the is likely to change given a new fed chair. We are 30 minutes away from the open in china and hong kong. David is looking at the markets for us. Im looking at this note saying strap in. We are getting ready for the steepest rate hikes in 11 years. Haidi that is what they are saying. David the bond markets are saying the complete opposite. Has threefor rate hikes on top of de