James bullard said failing to reach the fed inflation target is hurting its reputation. We will bring you our interview with the president. Againstoins the stance risky positions. The question is, is dying down risk the right trade right now . Matt lets take a look right now, 30 minutes away from the european open where futures are trading, we had a reversal in asian markets, they recovered from the trump concerns and turned back down again. Here we see futures, no change for european stocks. Take a look at what we see happening in the bond trade. I will zoom in to see which direction we are going to coming back up in the yields so investors are selling off german debt. The yesterday we took a look bund isthat this, the trading in the tightest range since 1992. Almost no movement, no volatility and very tight ranges have been the story of the market and it continues today. Equitieserday european selloff, it was quite a chunky soft. 1. 5 . That was the story yesterday. This morning the
And it is just past 8 00 a. M. , liu. i am betty yvonne, the Philadelphia Fed president coming out and saying, wait a minute. The data supports it. Next month, we might see a rate hike. We will see how the markets react to that. Yes, and john williams, what we saw last week, it really moved markets, because this wage number that we saw is still showing that inflation might be in some areas of the economy. There is still some slack there. Ame hard data, we could see rate hike in march and that would be a big thing to watch as we do see some risk off tone, and japan starts to open. This is the latest. And is itht, yvonne, good enough is essentially what we are looking at. This is slightly better in terms of tone. A consolation when you look at goldbach abovend back above its 100Day Moving Average. Was at least a 10 gain in gold prices. That blew past the 100Day Moving Averages, and now, we are watching the 200day. Dollar swissie. And having a look at the equity markets at the moment, we
The housing market. Chinas new loans may have hit a record in generate. Sources say initial Government Data shows new lending with near or above the previous monthly record of 364 billion. The credit storage highlights the challenge policymakers face in reducing leverage and deflating access bubbles. Global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. You are watching bloomberg. Lets get a check of the markets. Afternoon trading getting underway in hong kong and china. The hang seng index unchanged. Cory im cory johnson in for caroline hyde. Who is in for emily chang, i am still cory johnson, this is bloomberg technology. 97 Tech Companies take a stand as San Francisco becomes ground zero in president trumps travel ban. Plus, we will chat cap into Virtual Reality. A detailed look on who will be banking off of Virtual Reality. Uber is researching floating taxis. We will talk to the man who literally wrote the book on ubers flying car
The opening numbers, 3071. Ore, 3071. I will talk more about the open there in singapore. That being said, with the guide, is talking parliament. You look at the balance, do we go up or down from here . It is balanced at the moment. , he we dollar is on the way down. That is really standing out. Not reallyelse is much conviction. Have a look at the bond markets. The rally continues. Massive moves down in yields over in europe. We sought it down about 2. 3 percent. A little higher on the 10 year yield. There is your move. Were back below. 1 here. On the japanese 10 year bond, and in 10 years time we will get best 10 minutes time we will see if it will help support the market and anchor this. Look at the equity markets. We talked about singapore at the moment. Taiwan is also opening up a fifth of 1 to the upside. Said, not a lot of conviction. Just wrap things up with a look at the touchy here hitachi here. The deals. Do long story short, they have a project in south africa. There is a d
Remaining unfailingly optimistic , the method the stock could jump in. Amazon delivering for jeff bezos, making him the fourth richest person in the world. Nearly 62 billion. Please follow me on twitter. Singapore trades, on the way down, just over 15 . We are expecting a drop of about 9 there, as well. We want to see if there have been any reactions there. Pesos,much unchanged, 46 69 could buy yourself a dollar. In china and indeed in hong kong, taiwan and malaysia coming on stream with julia. Juliette we are watching the south east stocks quite closely today. Youve seen a pickup in the singapore,. 7 . But they have been on their before theing streak Asian Financial crisis, malaysian down by. 1 three but there is a rally coming through in regional stocks. Regional, we know the index for japan has been on an increase, as well. Things are looking good, things to that rally in European Equity markets during the session led by that rally we saw in oil. Nikkei up by 1. 5 . They are leading