Oil is heading for the first gain ahead of the Global Production cut to reduce the glut. They are also seeing the biggest fullyear rise since 2009 despite stockpiled at the highest level in three decades. Producers have agreed to cut output sunday. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. This is bloomberg. Lets get a check of the markets now. It is a mixed day, but hong kong, china doing better than the morning session. Asian stocks are fluctuating. Singapore, tokyo, mumbai. Back in half an hour. Time now for the best of Bloomberg Markets middle east. Yousef it is the end of the year that saw the end of opec. Welcome to Bloomberg Markets middle east as we wrap up 2016 with this special Holiday Edition. Im yousef gamal eldin in dubai. Lows,barrel, 13 year record stockpiles, supply outweighing demand and i ran back online. Something has to give, and it did. Opec agreed to the first Production Cut in eight years. We have m
U. S. Says they being crashed in china could be four times worst then the u. S. Received 3. 5 trillion in equity and that would have implications for the rest of the world. There was a bad lines from Bloomberg News powered by over 2400 journalists in 150 euros. Hong kong closed for lunch but here is how they are trading in the morning session. A start to the Lunar New Year for hong kong since 1994. This is the picture we are seeing. Selloff is continuing. Time now for bloomberg west. Emily this is bloomberg west. Jack dorsey in the spotlight showing decline for the first time ever. Know ahares popping even huge earnings. And amazon also enjoying an afterhours rally on word of billiondollar Share Buyback. We break down the numbers. Emily first, to our lead twitter fourthquarter earnings. Shares dropping and then rebounding. The last quarter, monthly active users remained flat. Monthly active users excluding active service messenger platforms actually declined from 307 million to 305 mil
Hit markets since the year began, is up the most among the big three over in europe. The tenyear note yield, crude oil always a key consideration here. You can see the tenyear note yield below 1. 8. Wti up 6 . Brent also nearing that 35 mark. Were well above 30 on wti. Our road map this morning, it starts with apples fight against the fbi. Things continuing to heat up. Tim cook sending another letter to employees, and fbi director james comey taking a shot at apple in an oped. Ailllergan with better than expected results. Facebook teams up with samsung with Virtual Reality. Over at barcelona. 2017 additive. You mean Virtual Reality will be added for facebook in 2017 . I think so. If you parse what Su Zuckerberg said in the last conference call, he doesnt do anything unless its now, versus google. Google says how much money you are really making on this . Want to talk facebook and google. Stocks are poised for a strong open to begin the trading week. You saw future theres helped by that
Data point on the economy. Ramy u. S. Markets are mixed as happenedple with what in paris. The dow is up about a third of a percent, but the nasdaq is down by a 10th of a percent. Head into my bloomberg terminal and the imac function is what i want to show you. Most of the sectors right now are in positive territory. We are looking at some communications as well as utilities and Consumer Staples all up in the green. At t and verizon are up 1 one. 5 . Costco up similarly. Energy was the biggest gainer, but has pared gains early this morning. It is up nearly 1 . Let us take a look at the price of crude. In a word, it has definitely been volatile today here in new york after those paris attacks. It had been up by nearly 2. 8 , but look at it now. It is down by 6 10 of a percent. It has pared some of those losses. About 46 in the past year. We have been talking about the stockpiles of almost 3 million barrels. Alix how did france do after the terror attacks . How did it measure up there .
Surging in a new poll this morning. The cnn republican president ial debate just two days away. How the candidates are preparing. California on fire. Hundreds of homes burned down. Thousands evacuated as these flames turn deadly. Europes migrant crisis. Germany at its limit enforcing border control. Good morning. Welcome to early start. Im christine romans. Im alison kosik. Its monday, september 14th. It is 5 00 a. M. In the east. Republican candidates are sharpening their attacks for the wednesday night debate. With the abc news poll showing donald trump expanding his lead and ben carson in second place. All candidates who are stuck in Single Digits are scrambling to device an effective strategy. Rand paul saying someone has to bring trump down. Republican chairman Reince Priebus talking to jake tapper to expect to referee a rough game. You know what . Every candidate and all of these campaigns will do whatever they need to do in order to benefit their own campaigns and there will be