In saudi arabia, the the msci index. Bloomberg markets medela spirit we have an asian equity session firming up. This is Bloomberg Markets middle east. We have an asian equity session firming up. The new year holiday and preparing for president s day in the United States. Singapore up 1 . The uighur yen is feeding into that trade. Purchasesee equities by individual investors. Exchange market, the aussie dollar up. 3 . I want to tell you what is happening in the sovereign bonds and commodities space. Summary pricing in the bond space. But in commodities, you wti and brent crude up. 3 . We did have the u. S. Rigs data from the United States, but its the confidence on the demand story that is driving with the weaker dollar. Chatter,is the tariff possible escalation from the United States. I want to show you what is happening in some of the other key indexes. Inflation and the minutes will be in focus. Old, gains dollaryoud still up. Are quitetures, calls a bit higher. Lets check in on the
A warm welcome to daybreak. It is 7 00 in europe. If you are in the United States, happy president s day. Balance herece with the cash markets closed and you have the equity futures trading lighter than normal with the best run in equities within pushing awayd against volatility and rising yields. Survey with the market drop to reenter and it is all about the United States this week and the fed minutes and what you get on wednesday. Andill begin to understand builds to the testimony with the actual power of powell. We have some numbers coming across your bloomberg terminal. We have breaking news on a dividend coming back and platinum declares a dividend. It is an interesting time in the market with donald trump raising and theter of tariffs dollar has trade tensions and the possibility of tariffs in the United States and the dollar manages to eat out this. I mentioned to you that the paperates are opening and will come over the next few days. Who keeps purchasing it . The chinese canno
This is what i am looking at, the 10 year yield. We are a little bit thin in terms of Economic Data this week, so a lot of focus will be on this mega auction sale. The first one kicks off today. That may actually hurt, or change the 10 year yield. Above 3 . About 3 600 the stoxx 600 basically unchanged. Coming up on bloomberg surveillance. , we talk the business of private jets with start up. We have an exclusive conversation with bp ceo bob dudley. Lets get straight to the bloomberg first word news. Isra the u. K. Government said to have plans to withhold billions of dollars if the eu does not give the u. K. The deal that they want. In a speech later today, brexit secretariat will reassure the European Union will not try to undercut the bloc by tearing up regulations. Signalhas sent a strong about her preferred successor as german chancellor by appointing a close ally. Critics on the right have called for more conservative policies as a way to win back voters. The unexcited move is a
Surveillance. I am Francine Lacqua in london. Getting some breaking news out of the euro area. February services pmi falling to a level below what economists had forecast, 56. 7, instead of 50 7. 6. Manufacturing falling below 58. 5. Sts, at i do not think this will impact the eurodollar, 1. 2316. After the trading session that we had on yields and the huge bond auction that actually went according to plan you can see the twoyear yield over in the u. S. Practically unchanged at 2. 25 . Then we did see a reversal on european stocks. They were gaining on the back of asian equities and now they are actually down 0. 4 . Coming up on bloomberg surveillance, emerging markets and trade. Then we also talked canada and of course, more market movements ish blackrock and it budget day. We will bring you with the countrys finance minister, gigaba. Lets get straight to the bloomberg first word news. Under moreesa may is pressure with 62 lawmakers from her own party demanding a quick, clean break fr
We are live at the Abu Dhabi Petroleum exhibition. Yousef it is 8 00 a. M. In dubai. I am yousef gamal eldin. Was rather lackluster start to the trading week. Not a lot of earnings coming through to support these markets. The rest of asia not so. Are across where we , akets in the asiapacific fairly mixed session across the benchmarks. Down. 3 . Also some Movement Across chinese markets, up 2. 5 . Region, somein the changes if you will to the hang seng index composition, some movement in Cathay Pacific down. Things to note as we make our way into the latter part of this asian trading session. A slow start to the trading week. Lets get into the trauma that took place on day one of the dubai air show. What an upset. The press Conference Room was filled with people in anticipation of the deal with airbus. Billions of dollars in additional odors. Orders. What came through was boeing dreamliners, not just an upset for airbus, that further a350 program. Tie down aable to deal with azerbaijan