600 gaining. A lot of the focus is on earnings and the economic backdrop. 1134. Ollar 1 it has fluctuated but is very arrangedbound. Rangebound. Coming up, the World Economic forum in davos. We bring you all the biggest names in banking. Lets get straight to first word news in new york city. We begin with the new york senate approving Donald Trumps new freetrade agreement with mexico and canada. It handles the president and a major win ahead of impeachment. The overhaul of the agreement was a priority for mr. Trump. Mitch mcconnell called vote a rare moment of bipartisan cooperation. The white house broke the law in withholding aid the ukraine. Accordingting to an independent watchdog, saying the president should not have delayed money. This is a key part of the impeachment case against President Trump. , quoteg with them obsessed with the u. S. Trade deficit. This is according to bill hogan, saying americafirst policies are bringing about a priceless moment for global trade. This came
Philippines down quite substantially today, around 1. 4 . Not really feeling your sort of risk on mood we had several days ago as well. Not to mention in case you missed it, the tie chin pmi numbers a little soft. I mentioned dollaryen. Dollar, the loonie was actually under a lot of pressure. Dollar, dollar, dollar, canadian dollar. Pressure on friday given the move we have seen here. The aussie dollar dipping below your . 70 level. As promised, very quickly, have a look at brent which is now back above 70. You have gold pushing 1600 an ounce. The entire crude your futures curve, you can look at it almost by the hair from the floor on friday. The longer end, and the reason i am pointing, the longer end of your japanese bond market seeing a substantial lift and the move back into haven place. These. Track all of yvonne our top story, the fallout from the killing of a top Iranian Military commander is widening. Lawmakers have voted in iraq to expel american troops and iran says it will n
To. Its good to have you with us the great big indian wedding is being slimmed down by a poorly performing economy that has Consumer Spending in india is dropping and that among other factors is having an impact on how much couples are willing to shell out for their big day with good results that those who would have wanted celebrations last at least a week now manage with just a couple of days its heartbreaking i know but when the past strings are tight the budgeting has to begin. Bride to be pallid puncher meyer thought shed already picked her dream dress but after taking a closer look at their budgets pollack and her fiance decided to make some savings meaning another trip to the clothes rack. Bunch of being the month its a matter of right now and it is a little recession any guys re going on so im sending this starting. Gift punches here try to cut down on the cost by effectively going to go to buy say. Indian weddings are renowned for being lavish glitzy affairs with hundreds or e
Mester, president of the Federal Reserve bank of cleveland, a Voting Member of the fed. To start with what we were just talking about, the ism numbers this morning. Quite ugly, unexpected. New orders, production, and the headline numbers all the weakest since 2009. Does that shake your confidence that this will be a reasonably good year for the economy . Underlying fundamentals are so good, manufacturing has been weak for some time. Growth affects our manufacturing and export numbers, and also these uncertainty surrounding trade. That has affected Business Confidence and their spending plans. We see it in their investment numbers. Early on, when the trade war started to heat up, the firms that we talk to were telling us we are still on plan, it gives us some pause, is a concern, but we are still on plan with our spending. As it has gone on, they are rethinking their plans, and we have seen that in their numbers. I think the manufacturing numbers, obviously, a better number would have b
Killed 43 people. Hundreds of thousands have been evacuated. Rains and rising rivers have left 200 neighborhoods submerged. Landslides are also a problem. It is the worst flooding in jakarta in six years. The political honeymoon for Scott Morrison is over because of the deadly bushfires in australia. His clumsy handling of the oneis has brought criticism day after declaring a national disaster. He went on holiday to hawaii. Some of that criticism is coming from fellow conservatives. The fires have killed 20 people and left 28 missing. Global news 24 hours a day, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in more than 120 countries. Im viviana hurtado. This is bloomberg. Live from bloomberg World Headquarters in new york, im vonnie quinn. Jon im Jon Erlichman in toronto. Welcome to bloomberg markets. By our bloomberg and Bnn Bloomberg audiences. Here are our top stories from around the world. Severe retaliation. That is what irans Supreme Le