The european markets were down a couple minutes ago. They are pretty much back up. It seems the feel good factor in u. S. Stocks have now petered out somewhat. Im looking at u. S. 10 year treasury yields, pretty much a picture of stability. The dollar off the trade bound. The dollar, gaining a touch. Coming up on bloomberg surveillance, we sit down with luca paolini, the chief strategist at Pictet Asset Management. Thewe will also break down saudi budget with the director of Economic Research at the Gulf Research center. First, lets get straight to the bloomberg first word news. Sebastian uber has lost the battle as it differs from traditional taxes. The car hailing app should be regulated. The eu court of justice ruling, think of the president sentting. British officials fear spain will threaten to veto, if negotiatey fails to with madrid. It has been in british hands since, 1713 but spain could make a claim over the land. To the u. N. Assador nikki haley is pressing other countries n
Home turf. Betty hello and welcome to daybreak asia. I am betty liu at Bloomberg Global headquarters in new york. Been on thes u. N. Voting on these tougher sanctions against north korea, but not tough enough, right . Of the oil embargo falling far short of that that was talked about were discussed by north korea. Still, this is going to cut north korean exports by about 90 , and that is still going to have some bite on north korea. Haidi absolutely. Looking at these numbers, the sanctions cutting 55 of north korean death, diesel, and heavy fuel. Energy short of that embargo as well as the freeze on his assets that have been sough t. It is a little bit of a compromise because it was widespread expectation that the sanctions would not have gotten the vote of china and russia. Betty ahead of all of this news, which was widely expected, the market had a steady day a seller day. A record for the s p, with leadingls and techs the way. The dow higher by 260 points. The nasdaq also gaining by
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Punishment for offenders. First, to the ukraine crash the general has demanded the extradition of the ousted leader. He is believed to be in russia. The president is expected to hold al News Conference rater this friday and the first time he will be seen in public since ousted. As well, the u cruns parliament has been calling for a special session of the u. N. Security council to discuss the worsening crisis. And the group of our men, in the meantime, in paramilitary uniforms, have entered the two main airports in the ukrainian region. The ukrainian Prime Minister has described it as an armed in vaguesment the parliament has been urging moscow to stop the moves which yun with ermine the countrys ter toiam integrity. Relagss have been strained since the ousting of the president. Russia is denying that the forces are involved in black aiding one of the a ports; however, it fears it has deployed antiterror units to protect errors where part of the slate are located and the moving quarters
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