Hello. Hello. Good evening. Hello. Good evening. Im hello. Good evening. Im michael good evening. Im Michael Portillo, bringing you state of the nation tonight. Gb news vote 2024. The leaders. The interview with rishi sunak has occurred and it covered topics from gamble gate to the dire polling that suggests that he could lose his own seat to his views on nigel farage. He makes very clear that he doesnt want you, in his words, to surrender to keir starmer as a leaked recording of a labour frontbencher reveals the true cost of the green transition has the penny dropped on net zero. 7 and will politicians be honest about it. 7 nigel farage addressed an audience in the north east today, claiming that pandemic lockdowns were the uks biggest peacetime mistake. Hes also condemned the British Government for paying money to france to suppress migration, whilst french vessels escort illegal sailings by migrant dinghies towards britain. Ill also be speaking to a member of tony blairs cabinet abo
Bid. Shery expect profittaking. It is 8 00 a. M. Bright and early in to buy. I am yousef gamal eldin. Shery it is midday in hong kong. I am shery ahn. Taking a look at the asian markets. It is a mixed picture across the board, the hang seng gaining. 3 . Lot to do with just optimism across the board, but function,u look at my markets a bit more subdued for a monday, excellent data out of japan, but also president s day holiday in the u. S. , the dollar index study, losing a quarter while steel is leading the gains when it comes to commodities. Gains seeing doubledigit for steel rebar futures contracts and china. Look at the strain to year yield down to basis points. The 10 year bond yield finally declining after six Straight Days of advances among but i get ahead of myself because so much uncertainty out there. I cant say it is an optimistic picture just yet. Yousef we look at the conventional metrics and a lot of these Asset Classes, for example, u. S. Treasury yields, but let me show
Thank you for reminding us it is tuesday. I nearly said monday. Just about caught it. Lets check on Global Markets this tuesday morning. A muted session overseas as well look at u. S. Futures right now. They are indicating a higher open, which would technically mean a new high for the s p 500, which right now is up about 4 points in premarket trade. Dow jones seeing a gain of 40 points. Nasdaq up just about 12 points here in premarket trade. I think the story from last week was the trump reflation trade was back. We got between 1. 5 to 2 of gains. The bond proxies underperformed, and banks led the way. The one part of the trump trade that did not take part was the dollar, which we can come into more detail later. Lets look at the tenyear treasury note. Yields spiked in the middle of last week. They did settle by the end of the week. For the week as a whole yields were up. They did rise late friday and over the weekend, 2. 45 the yield there. Patrick harker the latest fed member to add
Ahead of the Continental Congress this weekend. A very warm welcome to the program. This is bloomberg daybreak europe. From here in london. Manus the market has been bounced into into reconsidering the fed, the , you can pick up the chart. The work function and the ois are both that 80 . Donald trump was not the extra hour extract, it was the Federal Reserve. You had dudley and williams both pushing the market to reconsider march. Anna the probability is very high. Theres certainly a lot of market rethinking. More about that as we go through the show. Lets show you the overnight action. U. S. Futures, factoring in the fed story and everything that donald trump had to say. By. 2 , theup dollar and stock market pretty unscathed by what donald trump had to say with a little pairing of some of the earlier gains but nothing all that material. Thes when it comes to dollar and the tenure Government Bonds, youre just trying to see the lack of detail that there was. Light on the details. The tw
Amy president elect donald trump is filling his cabinet with bankers and billionaires including many with ties to Goldman Sachs. Wall street celebrating, but what about main street. We will speaking with the leading public intellectual cornel west about the 2016 election. The Police Killing of Keith Lamont Scott, in charlotte, North Carolina, the fight against the Dakota Access pipeline, the death of fidel castro, and more. The we look at betsy devos, billionaire Charter School and education privatization advocate tapped by donald trump to be education secretary. All told, together we have helped more than one million kids in private School Choice programs and we are just getting started. Since we last at, nevada, montana, tennessee, mississippi, arkansas, wisconsin, south carolina, maryland, and south dakota have all passed private School Choice programs. Amy we will speak with former assistant secretary of education Diane Ravitch, lisa graves, and Tawanna Simpson. All that and more,