Had a slight beat on revenue. But they did better on earnings per share, 1. 24 as opposed to 1. 19. Thats the first of several to come. Now we want to go to our morning brief. Were going to continue with retail sales reports, as we have macys out at about 8 00 this morning eastern time. 30 minutes later, its weekly initial jobless claims in the United States, plus Producer Prices coming up for the last month. And at 10 00, as alix mentioned, bill dudley holds an economic briefing on Regional Wage inequality. Finally at 1 00 this afternoon, the u. S. Treasury is going to auction 15 billion of 30year bonds. Throughout the day, people on both sides of the pacific are following developments in the potential conflict between the United States and north korea. To take us through the perspective from asia, were joined from hong kong by our chief asia economics correspondent. Give us a sense of how it looks over there. What are the possible effects that people are expecting of a possible confl
Tepid response is causing World Leaders to revert in droves. Yousef 8 00 a. M. , this is Bloomberg Markets middle east, im yousef gamal eldin in dubai. Just gone midday, entering the lunch break for markets. China has been on for 30 minutes. We have a few things to mention today, fairly busy. At some point in the afternoon, we might get the new credit data out of china, Industrial Production due out of japan. It comes out of your part of the world. Have a look at markets right now as we continue to see recovery across the broader market. I think the difference between what we saw yesterday and today with japan is now very much in the mix, very much on the shoulders of the regional benchmark. Up,night wall street was certainly an extension of what we are seeing across the asiapacific. The other thing i want to mention is when you look at the currency market, dollaryen you thereally tells whole picture that there is not a lot of appetite for safeties and for safe havens. The aussie dolla
The tenyear note yield lets take a look at where we stand right now in what has been of course one of the bigger stories towards the end of this year, but price moving up a tiny bit lately with the yield map 2. 481. There you see wti. Lets get to our roadmap this morning. And it starts with that geopolitical news. Russias holding off on retaliation. President Vladimir Putin responding to u. S. Sanctions in the wake of alleged election hacking. Futures indicating a higher open on this final trading day of 2016. Well look back at the best and worst performers and talk strategy for the year ahead. Plus, 2016 was a tough year for retailers. Will the pressures ease in the new year . Well, russias president Vladimir Putin says he will not expel anyone after recommended deporting 35 american diplomats and closing two diplomatic facilities in retaliation for similar closures here. John harwood joins us now from washington with more on the story. John. David, Vladimir Putin and his government p
Now theyre talking about funding original content. Netflix. So theyve been late to the party on everything. Where have they innovated aside from when they came out oh. Why do they have to come out with somebody first as long as theyre doing it better. Who says theyre doing it better . Well, well, well. Steve weiss, did you buy a little apple today . I did. Im not going to tell you the physical circumstances upon which i bout it but you though them. Heres thank god. Yeah. Heres why i bought it. I was a little bored this morning. I said what can i do to screw around with jim, im going to buy apple. When youve seen the cycle happen time and time again, the time to get onboard that cycle compresses and actually moves earlier. What im talking about of course is the upgrade to the anniversary phone, the iphone 8. So whats going on now, its not reflective of the fundamentals of the company. Its not reflective of the gee you political of the landscape. The first is mode oaker and the second, f
Macro to watch. Our roadmap begins with u. S. Foreign relations in the spotlight. The president meeting with merkel in washington today. Plus, the secretary of state Rex Tillerson giving a very strong warning to north korea. Then were going to move onto deregulation nation, what the current climate of deregulation means for media and telecom stocks. Shares of tiffany up on strong earnings. A Silver Lining perhaps for the luxury market. But first up, when the president meets with german chancellor merkel later this morning, trade, immigration and defense among the major issues likely to be discussed. Both leaders will hold a joint News Conference this afternoon. The Trump White House has been critical of germanys trade surplus as the u. S. Remains its single biggest export market, although the president has said nice things personally about merkel and her strength as a leader. Right. I think this is a rubber hits the road meeting because i think that we have not really seen trump in act