He tweeted let righteousness flow like an ever flowing stream. Congressman john conyers is the michigan democrat will decide within days whether he will resign a longer for congressman john conyers says the michigan democrat will decide within days whether he will resign. H isdded that conyers healt not the best right now. Party leaders, including nancy pelosi, have called on 80yearold conyers to step down. The eu says that british Prime Minister theresa may has until monday to present its final offer so we can be assessed ahead of a summit in two weeks. Tusk spoke alongside the irish Prime Minister. The irish Prime Minister says that they must guarantee there will be no northern border between ireland and the irish republic after britain exits the bloc. Day,l news 24 hours a powered by over 120 journalists and analysts. I am Mark Crumpton. This is bloomberg news. Julie live from new york, i am julie hyman in for julia chatterley. Scarlet i am scarlet fu. Joe and in joe weisenthal. Jul
The dax is down some 1 . A little bit of pressure on the stoxx 600, i guess a little bit of concern over the tax overhaul. There is a little bit of pressure on miners. The bloomberg dollar index again, the dollar seems to be pretty steady. I am looking at the pound because of theresa may and there could be some kind of rebellion brewing. We will get our Political Correspondent on that. We talk economics and Monetary Policy with larry hathaway. He is the head of investment solutions. Then, we discuss as it presses we discuss asset prices. Overhaul. The tax we are also just getting some breaking news out of indias central bank. It is maintaining its neutral Monetary Policy stance. I know we will get the chart of for you and i will bring you any breaking news that we have from the rbi of india. Lets get straight to the bloomberg first word news. Nejra donald trump will formally declare jerusalem to be israels capital and direct the state department to start the process of moving the Ameri
Decline by a less than a percent for the hang seng and shanghai down a quarter percentage point. In early trading in europe, there are red arrows across the board. The dax is down by a tenth of a percent. Same thing with the ftse cac is down by slightly more than that. Declines also in italy and spain. Looking at crude oil prices, you will see that crude oil is up about 18 cents to 57. 74 lets look at the tenyear yesterday the tenyear topping 2. 4 well look at that in a bit. Here it comes. Yep 2. 455 . Slightly lower than yesterday, but still above 2. 4 this is past the point that Rick Santelli told us to watch for a breakout i read that all of the money not spent on its not true, but all the money not spent on taxes is going to Debt Services as rates go up yeah. Some of it will be. As rates go up, yeah. I was thinking about that this morning as they talk about the government funding needed for the projects i think it was the new york city subway i think what happens as Interest Rates
10year at 2. 44. Our roadmap begins with Unemployment Holding steady at the 17year low. Futures point to new records of the open apples chip response confirming its products are vulnerable to that security flaw and the Corporate Tax response, bonuses on the way at jetblue and billion plus q4 earnings hit over at Morgan Stanley december nonfarm payroll growth missed forecast, we still saw 2. 1 million jobs added in 17. Average hourly opens up 2. 5 from a year ago labor force, unchanged, a lot of discussion of the amazon effect, whats happening to retail. I think so, i was disappointed obviously you want more jobs and more people to be hired to get a little increase in wage. But this is whats happening i spoke to Planet Fitness yesterday, Interesting Company i i. Theres a lot more people who work at the sears and kmart than there are Planet Fitness and thats the old and new economy canting amazon and sears being wrecked by ham zon. In retail, warehousing up 30k, couriers, up 19k. Isnt it
November, the 15th. These currencies rising against the dollar. Were seeing bond yields in the previousry countries declining. The german 10year yield highest level since september of 2015. Commodities and c. D. S. Is your final two columns. Big day out of the u. K. Today, manufacturing expanding. Input prices marked acceleration. I. H. S. Markets, p. M. I. Fell to 55. 3 last month versus 56. 2 in december. 56. 5 was the estimate. The survey shows that growth in new orders eased to the lowest in june. Cost pressure also intensified. Purchase prices gaining at the fastest pace despite the drop in the headline index, it does remain well above the longterm average of 51. 7. Of course 55 is well above the line separating acceleration from contraction. 2018 forecast missing analyst estimates today. Cited the need to invest in new 5d technology ahead of expected orders from phone companies. Those networks, of course, promising faster data speeds, everything from cars, traffic lights to refri