Australiachina relations think again with beijing slapping penalties. Australia will challenge the move at the wto. Shery lets get you started on how the markets are trading. U. S. Futures under a little bit of pressure, down 1 10 of 1 of the open. This after u. S. Stocks jumped the most in six weeks during the regular session. It was a risk on trade. Stocks finish at the highest level since early march. The s p 500 saw gains in cyclical stocks that have been battered leg energy, autos, banks. More than 90 of the s p 500 gained ground. More haven stocks did lag. The nasdaq rose 2. 64 . We did get some comments from fed chair Jerome Powell before the hearing tomorrow. The fed prepared to use its full range of tools as the benchmark lending rate reaches zero until the economy is back on track. See how markets are shaping up in asia. Sophie kamaruddin joins us in hong kong. Soph . Sophie the bulls perk up in asia. We have futures pointing largely higher. Nikkei futures fell somewhat but h
Beijing. Yvonne it seems like the stress of the markets easing off a bit, which is a good sign. It is how you read the sentiment. Is it that the valuations are overstretched, uncertainty over tax reform, also, is it just the end of the year and traders are closing their books . It seems traders are using this opportunity to buy. Betty it seems to be the mantra you keep hearing these days. Adding to the media mentions of buy the dip. These markets have been going up and up it is about time for a correction. It would not be a surprise. He seems to be in that camp, once we see a correction, it is time to buy into these markets. We will see how it plays out. In the meantime, lets get to first word news with courtney collins. Bhp says litigation continues disaster, butg warns insurance will not cover the extent of its liabilities. Andrew mackenzie told investors investigations in the incident that killed people in brazil. There is a degree of urgency in withdrawing from u. S. Shale, and he
Coalition talks on thursday and moving on to formal negotiations. Immigration has been one of the hot button issues with sides divided over whether to limit the number of migrants coming to germany. The biggest airplane deal in history has just been signed at the dubai airshow the lucky winner is european giant airbus and a group of low Cost Airlines which will receive four hundred thirty shiny new birds. Also on the show russia and venezuela have signed a debt restructuring deal but will it help because as a third his country away from bankruptcy. And thailands famous long tail motor boats might get quieter and environmentally friendly thats if a German Company succeeds in selling the idea well have the details. Its time for business on d. W. I. Mho you get us thank you for joining us airbus has just struck its biggest deal ever in the wake of reports of weak sales of its a three eighty super jumbo its now received a juicy order from u. S. Private Equity Company Indigo Partners the or
For us, really all guidance should be conditional. It is a matter of policy itself. Host in zimbabwe, the military seizes power and detains 92yearold president Robert Mugabe the in the struggle over the succession of the only leader the african nation has ever known. It is all straight ahead on on bloomberg best. Host hello and welcome. I am alex deal, this is Bloomberg Alix steel. This is bloomberg best. We begin the week with the president wrapping up his tour in asia during his 12 day trip the president demanded that foreign leaders help narrow the u. S. Trade deficits while advocating America First policy. President trump a month ago said he was not going to participate in the tpp and over the weekend, 11 other countries in the tpp or were in the tpp say they are planning to go forward with some modified version of it. Came andent trump talked tough on it, talked about shifting back to bilateral relations. Between the u. S. And individual countries there are some stats that support
Alix the worlds most powerful central bankers meet in germany. For us, really all guidance should be conditional. It is a matter of policy itself. Alix in zimbabwe, the military seizes power and detains 92yearold president Robert Mugabe in the struggle over the succession of the only leader the african nation has ever known. It is all straight ahead on bloomberg best. Alix hello and welcome. I am alix steel. This is bloomberg best. Your weekly review of the most important Business News, analysis, and interviews from around the world. We begin the week with the president wrapping up his tour asia. During his 12 day trip the president demanded that foreign leaders help narrow the u. S. Trade deficits while advocating his America First policy. President trump a month ago said he was not going to participate in the tpp, and over the weekend, 11 other countries that are in the tpp or were in the tpp say they are planning to go forward with some modified version of it. So President Trump cam