What will be watch . We will watch wage growth. Good morning, this is bloomberg surveillance. Guy johnson is with us. There is a really dramatic photo of a helicopter dropping down on a cruise ship. What is the mood in the london weekend . Guy the mood is everyone is trying to figure who has what. We dont have enough test kits. Knowledge as to wether or not this is spreading quickly, slowly, how we people have it. It does not exist right now. Tom i believe it would be called unknownunknown. Screens tothree data start things off. With our first word news, here is viviana hurtado. Viviana we begin with the coronavirus. Almost 100,000 coronavirus cases have been diagnosed globally. The majority in china. Beijing reporting the number of new cases and deaths are falling. The u. S. Outbreak is getting larger. There have been more than 130 cases reported and at least 11 desperate there is a key to wether the Central Banks cut rates again. This from robert kaplan. He is looking at how fast the
Markets already. Inbecause it has been priced the markets already. Doubly more downside as opposed to upside on the trade front as we focus on global growth, textiles under pressure. Textiles remain the focus, Technology Remains the focus, in u. S. China trade negotiations. Win, is touting this as a and i just wanted to highlight, this is down by 3 10 of 1 , but on its way to be the biggest thek exchange here in Southeast Asian region, 5 00plus billion in value, and stocks are leading. Lets look at the fx space. Currencyent to avoid rishaad well, we are looking to the skies now and the stock of manipulation, but Goldman Sachs says nothing new there. Reporter says the hour. You have got china space sat, haslinda. Haslinda you know why we are dollar yuan is not tariff watching it . It went as high as 10 . Traumatized. China data Going Forward, people the daily limit, on a day when chinese stocks are down, this will look and see where the yuan goes from here. Develops and manufactures ver
We have an exclusive interview. In hong kong the government is again rejecting calls for universal suffrage for the chief executive here. This as anger bubbled back on the streets of hong kong. Shery australian markets have just opened to trade. Lets turn to sophie for a check of what she is watching. Sophie we are seeing stocks gaining ground,. 1 with the stock market looking overheated and valuations and records. The latest, investors buying into the aussie stock rally. Environmental risk around the earnings estimates. Futures looking mixed. It is opening slightly lower, this nikkei futures under pressure ahead of japanese industrial output we will get later this morning along with taiwanese export numbers and jobless figures from hong kong. We are seeing new york crude. 1 , asground over investors consider the potential impact from the auction health in libya and iraq. Said this is a policy delay disruption and there could be a quick turnaround if there is a political solution. Liby
And taiwan. You have elections coming up. Keep your eye on that. We are either flat or slightly higher. Safe havens, looking at dollaryen above the below the 200 day moving average. You are looking at oil pushing towards session highs, new york 1. 6 to the upside. In case you missed it, breaking news out of iraq, the top iranian commander was killed in a u. S. Airstrike with reports in the last 30 minutes or so. Thena lets get more on markets. David was just mentioning this news about the commander being killed in baghdad. What does it mean . What are you watching her . I think it means we will have geopolitical tensions coming back in the new year. The s p 500 in reversing earlier gains, and the yen is being beat up. But i dont think this is going to last. I think after the dust has settled and the markets continue to focus on the fundamental improvement, this liquidity part can still continue after china with liquiditya banks. An era for the emerging markets. Same macro theme. It wil
Minutes 20 minutes or so has seen lows across safe havens to dollarchina as well. For eighttrack volumeheavy daytoday. Day today. We are on track for 35 billion today. It is a busy day of trade. Trades inxas, 55,000 the first 60 minutes on a front and contract in west texas. Iran is launching what it calls revenge attacks with missile launches onto bases that host u. S. Troops. What to me know so far about irans actions what do we know so far about irans actions . It was a series of attacks on these two bases. The Islamic Revolutionary guard corps claimed responsibility quickly. In the be interesting uns u. S. Response. There has been a lossoflife and how much damage was done . They were on high alert with those facilities, because i ran have thes thought to highest amount of short range missiles in the region and this was thought to be the retaliation to expect. Iran has been saying that they will avenge the death of the general and are calling it a terer operation murder martyr opera