It is 9 00 in hong kong. Foroin, a watershed moment this crypto currency. Futures trading in chicago over the last hour so, and a little bit of volatility when it comes cboe website crashing. This is a pretty significant milestone in terms of this currency or commodity to get mainstream appeal and credibility. We will talk about that later on. We are looking at Central Banks this week. It is a big week when it comes to policy. 15 Central Banks globally, including the fed. Wirp onp the the bloomberg. This is likely to be the third and last of Janet Yellens rate hikes as she exits this role. Dotquestion is whether the is likely to change given a new fed chair. We are 30 minutes away from the open in china and hong kong. David is looking at the markets for us. Im looking at this note saying strap in. We are getting ready for the steepest rate hikes in 11 years. Haidi that is what they are saying. David the bond markets are saying the complete opposite. Has threefor rate hikes on top of de
After a quiet 2017. Haidi we are just past 9 00 a. M. And this is a quote daybreak australia. Im betty liu. We will look at all the action that happened on wall street on friday. How that will play into the asiapacific trading game. Record major ines in the market gains the market. Substantially higher. Nasdaq rising by almost 2 . Not like the sessions we saw last week. We ended at the high of the session. We are really focused on several key events in asia. Is jay powell is coming out comingouty powells party to congress. So much heightened awareness of the potential he has to be in market mover. We have had so much with flash in terms of sentiment. Even though the rally into the. Lose the s p pushing there is still a little bit of fragility when it comes to these markets. Take a look at the set up we are saying. Of. 3 . Eing gains fluctuating in the session against the euro and losing ground against others. Upside of 31 points going into the open. The aussie dollar is strengthening s
All options are open. Opec and its allies say nothing is off the table when it comes to rebalancing the oil market. A. M. In dubai. Midday in hong kong. This is Bloomberg Markets middle east. Been, weekend has especially in the United States with the equity benchmarked indices hitting records. It is not so much that they are hitting records, but the pace it is being done. These are your friday closings for the s p 500. 7 for the dow jones. The nasdaq was up 4 10 of 1 . It was not all positive because General Electric tumbling after slashing the 2017 profit forecast. This goes to the story of optimism around what donald trump is doing in terms of possible tax reform and tax cut. U. S. Dollar reaching a threemonth high. Up 6 10 of 1 . In terms of other asset classes, we are carefully watching 10 year treasury yield approaching 2. 4 . The president was moving closer to selecting the next fed chief. We are getting more commentary of around john Jerome Powell and janet yellen. A couple of k
Secretary wilber ross are scheduled to meet in washington. Topic is trade. Cyberattacks. The countries, 200,000 the weekend. Other about who he was hit . We had people from Healthcare Telecom and Car Manufacturers manufacturers. In terms of france we had car to shut downad production at a number of plants this. To mitigate theres a disruption in germany on the trains and Telecom Companies reported some disruption in their services. Whenever a hospital gets thats a serious business. How sophisticated was this . Take patch out in march and put it on your microsoft, it fine. Be i think it wasnt too hard these people to mitigate once they were affected. Pretty easy to have taken some precautions that meant you were not going to be affected by this. Saw a number of companies that had not taken those precautions. Surprising. In term of sophistication of most people think it was not too sophisticated. We know thatlf, as the u. S. Oped by National Security agency. Anybody could use that tool t
This time, we went so hard and had so much fun. You can tell by the sun on your face. Where outside, it the playground up there. I havent unpacked, im a little disappointed in myself. But we had a blast. You are tired when you got home. The truckee river, we had a chance, i took my children on that for the first time. You rafted . I yeah, by the time we left yesterday, the only had one gate open. They stopped letting water into the truckee. For the First Time Ever i took my son to a mets game and we had a blast. He said this is the greatest thing in my life. Was the water really cold . I it feels great. It is freezing. Glad to see you both. A lot of people in morocco have been waiting more than a year 4, the beginning of work to fix a collapsed section of roadway. Its been a year since the sinkhole shut down and intersection right near moraga, one of the busiest parts of town. Allie rasmus is there and says the sinkhole has helped push the town into a financial hole. Reporter it has be