It seems to be working his magic when it comes to boosting sentiment on the markets. When it comes to the growing power, it is pretty good. s are talking about china manufacturing pmi numbers coming in at record lows. These are all falling into contraction territory. As heidi mentioned, the markets are ignoring all of this because of the latest hints we got the boj action. A check on the markets and how they are tracking with sarah. There is nothing like higher coordinated central bank stimulus. We have seen this dark shift in sentiment. We see the pacific Index Trading modestly higher. The nikkei 225 is higher after falling as much as 1. 5 . We see Mainland China stocks leading gains. This is of more than 1 after the beating we saw last week. Off. 3 . Re theme point, we saw training back in positive territory. We are seeing some fluctuation. Gold is coming off of its highs and trading lower than 1600. At the same time, we see the japanese yen trading a little higher against the dollar
A Global Travel slow down sends shock waves around the industry. I think the airlines will fail. This is a huge amount of Money Airlines will lose. In the u. S. Politics, super tuesday shakes up the race for the democratic president ial nomination. This is a big night for joe biden who beat expectations. The jobs report tops the week. The economic base is strong, the fundamentals are strong. Exclusive confirmation with the ceo of nissan. He said job one is to listen and learn. Its important for me to know what is going on down to our employees. It is all straight ahead on bloomberg best. . Hello and welcome. This is bloomberg best. Your weekly review of the most important Business News, analysis and interviews from Bloomberg Television around the world. Lets start with headlines. With cases of coronavirus mounting and equity markets coming off their worst week since 2008, investors were already on edge. Weak Economic Data from china did not help. Investors racing for more market turmoi
This exactly as we should. Sends shockshowdown waves around the industry. This is a huge amount of Money Airlines will lose. In the u. S. Politics super , tuesday shakes up the race for the democratic president ial nomination. This is a big night for joe biden who beat expectations. The economic base is strong, the fundamentals are strong. He said job one is to listen and learn. Its important for me to know transparency what is going on down to our employees. It is all straight ahead on bloomberg best. Hello and welcome. This is bloomberg best. Your weekly review of the most important Business News, analysis and interviews from Bloomberg Television around the world. Lets start with headlines. With cases of coronavirus mounting and equity markets coming off their worst week since 2008, investors were already on edge. Weak Economic Data from china did not help. Investors racing for more market turmoil. Chinacturing activity in falling to the lowest level on record in february. Pmi data w
Stuart it is 10 00 eastern. Straight to the money. I see some green but not that much, thousand 20, nasdaq up 24. Heres a key number, the yield on the 10 year treasury going up 4. 93 as it gets closer to the 5 mark. Stocks wavering and coming down a bit. Another important number is going down today, the price of oil, 87. 55 a barrel, thats an important number approaching 90 a barrel. Investors dont like that. After bitcoin, 20,000 of small change, big number just arriving on our computers, the latest read on existing home sales. Lauren existing home sales fell for the fourth month in a row to seasonally adjusted annual rate of 3. 96 million. To put that in historical perspective, it is the lowest in 15 years. Working to get other details but right now pretty grim report. Stuart under 4 million on an annualized basis. Lauren if the price is still about 400,000 and rates searching, weve got a problem. Stuart adam johnson with us this morning. That a terrible number for the real estate ma
Rishaad japans recovery on track, growing for a fourth straight month, the best performance since 2008. Investmentaba the to in chinas largest hypermarket chain. Rishaad we started with the markets. 6647. S a technical chart it is showing a double top formation. Msci asiapacific index slipping from last monday to friday, halting a rally that had lifted 6 . The asian gauge risk of a p technical pattern, which means the path of least resistance would be to the downside after it hits it. Fatigue, ifse of nothing else, creeping into the markets. The u. S. Session, thanksgiving towards the end of the week, and in asia, a loss of momentum of the that continuation japanese recovery story taking place. This week is all about centralbank minutes, the ecb, rba, and the fed. Four for rate hikes in 2018 supported by the october minutes. David im looking at the wti screen to show you the nuts and bolts. Sophie the kleins for the despite25 and the topix trade data indicating the best performance now