Having his ratings cut. A source saying a debt equity swap may be on the cards if the charges surpassed ¥400 billion. Backhilippines pushing after yesterdays rally, the shanghai composite down. 2 . Given currency markets the weaker fixing from the pboc, a softer currency today, the yuan there. A stronger day for the yen against the dollar. Thats dollaryen up since november. Trading below 117 as the greenback fell against most major currencies. In the oil space, continued weakness there, oil retreating from an 18 month high after Industry Data showed u. S. Stockpiles in the u. S. Rose last to of forecast showing inventories fell. We are close to what we are expecting from opec and other Major Oil Producers next month when it comes to those promised output cuts. Rishaad thank you very much indeed for that. News,get to first word shery ahn. The bank of japan has released comments and opinions from its policy meeting that relate to the discussion before when one unidentified member admitt
Group says no decision has been made. This as toshiba slumps again. A very warm welcome to bloomberg daybreak europe. , our flagship morning show. Overd morning to you yusuf in dubai yusuf , to you, yusuf. We have to talk about the alltime record high for wednesday. I have the chart here for you, 16 higher than it was the day after the brexit vote. Mining stocks, one of the big drivers of the search. Story a big part of the and thats why got on this chart, the ftse 100 and white and expressed in dollars in the light blue and in euros in purple. You can see its not quite such an impressive performance when you translated into other currencies. Yusuf you are speaking of currencies that are taking a little bit of a breather, but its been an interesting run. 23 out of 26 trading sessions of gains for the greenback. That weighing in at the moment on the dollar in crosshairs as well. If you look at what is happening in terms of expectations for 2017, citigroup is saying the rally is going to
At an alltime high. The company has lost more than 40 of its value since christmas. Commodities come back. Run materials are said to snap a fiveyear losing streak but can the rally be sustained in 2017 . This is the european open. Were half an hour away from the european open. The second to last trading day of the year. A weaker session in hand when we get there. Asian session was positive and only mildly so and there was a negative story coming out of tokyo. Perhaps that is captivating investors minds in europe. 8 of anese currency up percent against the u. S. Dollar. We get a glimpse of some of those moves, the nikkei down by 1. 3 . Following weakness in the u. S. As well where we saw the s p under pressure, down by. 8 of a percent. 2. 3 . The dow falling yesterday as well by more than 100 points further away from that 20,000 mark. U. S. Futures looking sluggish fairly flat, i should say. The japanese yen is on the move as well. Of ahe end up by. 8 percent. Looking some nervousness c
Israel is standing in the way of peace, so said john kerry. We recruited nobody. Those four countries that ultimately brought it to the floor did so absolutely on their own. Good morning. Welcome to street signs. Well, an hour into the trading session here in europe, we do have a fair amount of red across the board. Overall the stoxx 600 is lower by just a quarter percent. Thats slightly better than what some opening calls predicted. If we can give you a shot of the individual boards, lets hone in on the ftse 100. The uk hit a fresh record high yesterday in large part due to strength in basic resources. A lot of miners topping the charts. The uk market was playing catch up with previous gains because they had a longer christmas holiday. Youre looking at that index off by 0. 2 . The german main market is off 0. 3 . Woe have seen weakness in the auto sector. French cac 40, lower by 0. 2 . The ftse mib outperforming, but just positive ever so slightly at this stage. Giving you a closer lo
Us with that part of the story. Reporter Debbie Reynolds entertained us in the movies and on stage. Tonight theater lovers here at beach blanket babylon say they will treasure decades of memories Debbie Reynolds, a star on screen and on stage for nearly seven decades dies at 84. Just one day after her daughter Carrie Fisher passed away. Video from tmz shows an ambulance leaving reynolds sons home this afternoon. She was there discussing funeral arrangements for her daughter when she had a medical emergency she didnt survive. Fans can pick from more than 20 films in the 50s and 60s to remember the Hollywood Star in her heyday sue r. We watch most Debbie Reynolds movies as a kid. In line for beach blanket babylon in San Francisco, some theater goers have fond memories of meeting her. She was playing at the fifth avenue and she would come in every morning for breakfast. Very proud of Carrie Fisher. She gave me an autograph. She autographed it Debbie Reynolds, Carrie Fishers mom. We met de