Down the president. Americansler bows to first jobs policy. Looking positive out there, the absence of japanese trading, a Public Holiday they are, 30 minutes before the start of the session in hong kong and shanghai, the open in kuala lumpur, taipei, and singapore. Here is Sophie Kamaruddin. Sophie a number of markets coming online, checking that space. We are seeing continued gains on the asx and new zealand, and the kospi reversing gains made in the morning. Space,look at the data whats happening with Dollar Strength, resuming strength following the friday jobs report. Note, the yield of seven basis points friday. Bill gross is expecting a breakthrough to the 2. 6 level, pushing it into bear market territory, gross saying the treasuries are at an inflection point. Gold edging higher after falling in the wake of the u. S. Payroll data, gaining demand for alternative assets, and equities soft in. The robust case for u. S. Interest rates going higher could make bullion less appealing.
A look at why Albert Einstein was disregarded by many of his colleagues later in life. Thats just a if of the program a few of the programs youll see this weekend. For a complete television schedule, booktv. Org. Booktv, 72 hours of nonfiction books and authors this holiday weekend. Television for serious readers. Now, we kick off the weekend with best selling author Michael Lewis on his latest book on the creation of behavioral economics. The undoing projects. [inaudible conversations] hello, everyone. Hello, everyone. Good evening and welcome to this latest in conversation with event. My name is m be er mervyn king, and my guest is quite simply the most successful Nonfiction Author in the world, Michael Lewis. Of his 13 titles, every single one has been a bestseller. His latest book, the undoing project, is published this week. Please give a warm welcome to Michael Lewis. [applause]. Thank you. Is this on . All right. Splendid. Michael, lets this is pointed out to me . Its subliminal
Im Francine Lacqua in london. To our u. S. Viewers, happy thanksgiving. We still have a very packed show. In currencies, the dollar extending gains at its highest level in more than a decade as the stronger case for a fed rate hike ways on bonds, gold, and emergingmarket assets. U. S. Markets are closed for thanksgiving. We will keep you uptodate with the other market moves. The ecb has published its Financial Stability review. It goes through a little bit of what weve seen on the markets. They are looking at stability, saying the euro area banks have significant vulnerability. Ecb also saying there are sovereign debt concerns and they may return on Political Uncertainty. The ecb mentioning political instability and policy changes as increasing risk. They look at the things surveillance has also looked at. Monte dei paschi is meeting in siena. For more on the banks, we speak to the ecb Vice President , vitor constancio, in just over an hour. A meeting is underway at monte dei paschi. W
Investors are asking if sterling falls and if inflation shoots up, does the bank of england have a hike rate . E brexit could cause spillovers into the u. N. Economy. Core inflation. But it does see a pickup in inflation. Its delaying investment and spending decisions and the brexit could materially affect inflation and the g. D. P. And jobs. They are not stopping, warning about the risks of brexit. Only a few months ago he said he wasnt going to wade into a Brexit Debate. How things have changed since february. No terrific moves off the back of that warning. My question to you would be, the labor market yesterday, solid. The warnings, do you think into the data . Thats a good question but the p. M. I. Data suggests it is Second Quarter is at. 2 . As you know the end of last year we grew. 4 . The big question for economists and the bank of england is how much of a slowdown of the economy is brexit related . We have had a suggestion that some of the slowdown might be nonbrexit related b
Funerals were held today for three of the five Police Officers killed in dallas, texas last week. Officers attended services for the man. The men. The pentagon confirmed the death of a militant leader responsible for orchestrating multiple attacks in fact them. In pakistan. He was killed in an airstrike. He planned the 2014 attack on a skill on a school that killed more than 130 children. Global news 24 hours a day powered by more than 20 x hundred analysts and analysts in more than 100 26 countries. Im mark crumpton. Emily im emily chang and this is bloomberg west. Prime day pasta triumphant second coming. Amazon said it was its biggest sale day ever. We discussed where they go from here. Plus google plays defense the tech giant fighting back against claims its piracy protection tool enables bootleggers. And moon shots under the microscope. We will ask laura ultrasecretive products projects eating developed in the shadows. Amazon prime day amazon said worldwide orders climbed more tha