Questions about the undue influence scandal. Yousef it is 8 00 a. M. Across the emirates. I am yousef gamal eldin. I am shery and in hong kong. Welcome to Bloomberg Markets middle east. A lot to watch out for, including oil snapping a threeday rally, but also movement in the metals space. Is growing concern about valuations when it comes to u. S. Equities and other markets around the world. Let me show you what is wait to the we at confirmation hearings. That blue run like there is used in catalytic converters to curb emissions. Up 60 , the stronger dollar putting downward pressure on the metals and commodities complex, but the story of palladium is a story of stabilizing u. S. Auto sales of the growing cars in china. What did you looking at . Shery pretty interesting to see those moves and metals. In thet see a correction equities rally, so where will the money go. Lets get a quick check of the a mixed play, a bit of picture across asia, lacking clear direction with the hang seng unch
We are 30 minutes away from the open in china and hong kong. A down market at the start of this trading week. A lot of event risks on the horizon. We hear from President Trump in of first joint Session Congress speech. We are seeing a stronger yen, weighing down the japanese markets. Lets get straight to Sophie Kamaruddin at the market board for the latest. Asian i down monday for stocks after a weekly gain of. 5 . A lot of event risks on the horizon given trump and yellen due to speak. Gdp datahe lookout for from india, australia, china pmi , Housing Starts and capital spending. Inanese shares focused today. , so setei 225 down. 9 for a fourth day of declines. Some equity movers in focus, toshiba falling 3 , the day to day swings as speculation around its chip unit sale. Friday, it announced it may consider selling a majority stake in its chip unit to a thirdparty, but chipmakers also in the red. In korea, the kospi in the red. Deepening losses. Dram chip price growth has slowed in fe
Controlled by the benetton valley is looking to sell a stake in its company. Then we talk brexit with the former lord mayor of london. Then in an hour, we bring you a conversation on Monetary Policy with the bundesbank board member andreas dombret. Lets check on the data because we have quite a lot going on. This is the picture overall. On the back of what the china gdp brought to the forefront. It is a touch of caution when you look at the Financial Markets. As chinas Economic Data was in line with expectations but at the same time provided few positives for investors. Crude at 50 79 and crude281 at 50. 79. This is monetary conditions. Anything above 100 indicates expansion. This is also an economy that has been widely controlled by the government. You can see that since 2011 we have seen that bump in the beginning of last year and then it is teetering o petering off a touch. Starting on china, Economic Growth remained stable in the thir quarter. Gdp rose 6 from a year earlier. That a
Maybe nearing a deal to acquire time warner. The two sides are in advanced talks and the deal can happen within days. At t is down about 3. 5. He is literally working the phones as we speak. Internet companies you probably know this suffering two waves of Cyber Attacks. The socalled denial of service tax affecting sites like amazon, twitter, spotify and several others. Feel like the internet was going through molass s. Today we will talk to security expert on who may be behind the attacks. Sales force backing away from buying twitter. Does it have its eye on any other company . Marc benioff will join us. Mcdonalds meng thaem. Courtney reagan is at the mcdonalds trading post right there. So you know Ronald Mcdonald may be in hiding because of the clown thing. Shares up about 3. 4 here today at post five. Responsible for about 24 points on the Dow Jones Industrial average. We had earnings beating expectations both below a year ago levels. Strong global same store sales up 3. 5 . That is
Donna brazile feeding questions, outrage after she redesigned from cnn without disclosing it. Details all coming up. A headache for commuters in philadelphia to report transit workers going on strike at midnight to use over prolong wacout and now raising questions on election day. We are starting a new month on wall street. Coming out of decline. Futures indicating markets will kick off on the upside. Take a look at where we stand with the ftse. In asia overnight stocks mostly higher. Better than 1 in hong kong. All the stories coming this morning and joining me to talk about it Dagen Mcdowell Jon Hilsenrath and maverick pac morgan ortagus. Keeps getting crazier. Incredible. Fox news military analysts jack keane is with us along with tennessee congresswoman Marcia Blackburn. One week elect from election day. Donald trump is campaigning in philadelphia and Hillary Clinton is in florida. Trump sees bombshell potentially new emails from private server. Hillary is the one who broke the law