Ignites. Top democrats say a law may have been broken. Manus just on 8 00 a. M. Across the emirates, 5 00 a. M. In london. Im manus cranny in dubai. Angie and im angie lau in hong kong. Welcome to Bloomberg Markets middle east. You know what were watching today. It is about commodities here. Around theeal swirls mindset of not only the middle east, but here in asia and across the globe as oil extends the decline here. Whether or not it is going to intellect that reflation story that we might be seeing in 2017 on the back of a deal, and Higher Oil Prices. Right now, we are seeking a split. And whether or not were going to get a deal in november, manus. Manus absolutely. If you look at daybreak, Hillary Clinton is on the front. Today it is all about the peso. The new york peso tumbled by 0. 8 on friday. This is the trumpometer. That is what were calling it a bloomberg. That lead Hillary Clinton had has dissipated. Shes got 46 . Trump has 45 . It is all about the swing states. Democrats a
Bond yields at zero. Yen this morning, the nikkei higher by 17 points, hang seng higher by 212 and shanghai composite by 21. 5. There you go. Back here in the u. S. , deadly pipeline explosion yesterday in shelby, alabama. One person was killed and five others injured after part of the Colonial Pipeline burst. Colonial shut down its main pipeline after the incident. This is the second time in two months hit to close the pipeline which is a crucial supplier for the east coast. In an update late last night colonial said a track hoe, a machine used to remove dirt struck the pipeline and caused the gasoline to ignite. The october ism Manufacturing Index in september and Construction Spending are due out today 10 00 a. M. Eastern time. Automakers will report their sales throughout the morning but ford wont release its sales figures. Those numbers are delayed following a fire at fords dearborn, michigan headquarters yesterday. They are now expected later in the week. The fed begins a two day
Be on the program explaining why we are entering a new era of capitalism. Rosenbergck box jeff will be here through up the 9 00 hour. Another jampacked show. Jonathon a strong show ahead. Let us check in with our Bloomberg Team for indepth coverage. Eric is in washington. In hong kong on concern the chinese currency could repeat the january route. Well have more on jamie dimons comments as he weighs in on the brexit debate. First up, the may jobs report coming out in less than 90 minutes. Let us head to washington. X need the jobs number verizon. Will get to verizon in a moment but it is hard to see this jobs report eating the one that forces the feds hand on june 15. Why do i say that . They indicate a 22 chance of a weeksike in less than two from now. We would have to see a monster printed on payrolls for those expectations to change meaningfully. The median estimates of economists we surveyed showed an expectation of 160,000 jobs created in may, the same that we saw in april. The ex
The pound rising for the First Time Since the uks decision to leave the European Union. We have seen recovery of investor appetite for higher yielding assets. Urrency markets zapping demand you can see the volatility index dropping down 9. 8 . When you look at the underlying compass for this slightly entrenchment slight entrenchment, Monetary Policy and the Central Banks to stay firm. Will get one that. We will bring you Mario Draghis speech live from portugal. The skip to the bloomberg first word news with nejra cehic. Nejra David Cameron is set to face his european leaders for the First Time Since the brexit results. The Prime Minister will endure an awkward dinner with his cohorts later after his efforts to calm britains failed to stop the pound from slumping again yesterday. George osborne has made it clear that the u. K. Will be poor in the wake of the brexit vote. The u. K. Chancellor added that the country is a certain to need hikes and further spending cuts. He ruled himself ou
Our reporting, apparently the team at sab miller is set to order a halt to integration with ab inbev. According to reporting by Thomas Buckley, sab miller management has asked employees to stop work on integrating its operation. this is according to people familiar with the matter. The cash portion of its offer for sab miller, but there were investors not content with the level of that offer. You can see anheuserbusch shares falling off as these headlines across. Sab miller had already closed in London Trading when the story came out. It is not as heavily traded that is the disclaimer here. We also sought reaction in multiple cores. That is the Company Expected to get the remaining portion of its joint venture with sab miller and United States if this deal goes through. We saw those shares falling off as well. We will bring you any develop its that we have, but it would obviously be a big deal at this deal did not go through. What about the Broader Market . Seems as stocks were shruggi