Ahead of todays key jobs report and promises from jerome powell. You have one week. The eu gives Boris Johnson seven days to revise his brexit deal, or risk a postponement of the u. K. s departure. And bob dudley steps down after a 48 year of the ceo of bp as the ceo of bp. Matt, good morning. Matt good morning. The are less than half an hour away from the start of european trading. Right now, i wanted to show you the 10 year yield. This is what happened yesterday when you got the ism nonmanufacturing number. Investors buying bonds, pressuring the yield down to a little more than 1. 5. We are looking at 1. 54 on the 10 year yield. We are looking at solidly green futures here in europe. Not huge gains, but the ftse futures are up, about 0. 4 . Tack and dax futures trailing a little bit. The dax was closed yesterday, so today is the first day after a short holiday. It was reunification day here in germany. Markets looking like they are going to open up positively, but u. S. Futures are d
Debt default in argentina hit 75 as all the nations assets plunge in value. The embattled president warns against a return to the previous regime. The greatest problem we argentines have day is that the alternative to the government doesnt have international credibility. Ive been saying this for three and a half Years National investors dont trust us. Protest fallout. Hong kong stocks lead declines tearfully the ceo decries the chaotic situation in the city. And lower for longer. U. S. Bonds hold onto Massive Gains as the spreads hit their narrowest since 2007, negative rates coming to america. Good morning and welcome to bloomberg. First off, i have yield on chinese tenure debt falling to read percent, the lowest weve seen it since 2016. Ats not just europeans negative, u. S. Debt is falling to record lows. Lows the likes of which we havent seen in a few years. Futureseuropean reporting down across the board and right now we are looking at dax futures down. 4 , cac and after we sawis
Nations 86 billion euro bailout. We cannot be having elections. The government could have tried in november for election. Anna good morning to my happy friday. Welcome to the show. Lets get you up to speed on the Market Movement that you may have missed overnight. Straight to the u. S. Close, what a rally. Up more than 6 over the past couple of days. They closed up almost 2. 5 . Gdpreason is all about u. S. Coming in strongerthanexpected. Beating every single prediction from every economist we spoke to a bloomberg. Rallyinghe dow jones there. Take a look at treasuries, i have them on my screen for you. We are seeing a bit of a move yieldsom the assets, therefore rising pushing higher on 10year debt. There is feeding into this the fact that china is pumping up its own market. Also selling out of u. S. Treasury. Supporting the own currency, buying up yuan. Oil really on a tear at the moment. As you will see, up half a percentage point. Traded in the u. S. Up 1. 3 . We really are seeing o
Rand on Razor s Edge as South Africans Vote in Pivotal Election bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
(Bloomberg) The rand will be one of the few South African assets trading through the country’s general election Wednesday, as investor optimism that drove a five-week rally gives way to caution over the risk of a surprise outcome.Most Read from BloombergWall Street Returns to T+1 Stock Trading After a CenturyTreasuries Hit as US Sales Struggle to Lure Buyers: Markets WrapWorld’s Largest Nuclear Plant Sits Idle While Energy Needs SoarFor Private Credit’s Top Talent, $1 Million a Year Is Not En