It is Tuesday Morning for us. We have equities climbing point 2 despite imports and exports from china weaker than expected. Ba minuteswe get her from the february meeting out ahead today. We will see how they are dealing with market volatility. In new zealand, a gains of. 33 higher. And we are counting down to the opens in japan and korea. Will today be a day like yesterday . It was a whopper of a take climbing more than 7 higher. That helped lead asian markets to the best rally in seven years. Futures in chicago pointing to a lower open this morning. This is likely why. We have a stronger yen. The relief rally that swept through asian markets really did carry through the european session with growing hope that the ecb will expand the malus. We have expand stimulus. Mario draghi taking credit for the change in sentiment. We have been talking about the limits of the federal banks ability to keep the stability and growth in the Financial Markets. We are seeing what happened when the dha
The strategy update. Is he going to have issues . Will he have to sell the crown jewels . The market is looking for answers, and we will put those questions to him. Lets get you up to speed with Caroline Hyde. Caroline thank you. Brent oil has advanced about 35 per barrel amid speculation that some of the worlds biggest crude producers will cooperate to reduce output. Bloomberg still says saudi arabias oil minister plans to be with his russian counterpart later today to discuss the oil market. Venezuela may also attend. The era of easy gains the japanese stock market fueled by abenomics is over, according to one management company. It says that as markets become more volatile, people will pull their money. Goldman sachs Asset Management says the worst of the credit market selloff is probably over. It is now waiting for a sign that the situation has stabilized so it can plow cash back into u. S. Junk bonds. Goldman says that once sentiment becomes less negative, the magnetism of yields
Lets get straight to the markets, because we are seeing european stocks are hitting for the longest rebound of the year. That follows the Global Equities higher. Central banks will try to support growth. Up 0. 4 . Nymex crude at 30. 6 30. 6. This is a crucial week for negotiations over brexit. Lets get straight to the bloomberg first work news with nejra cehic. Nejra brent crude has advanced above 35 a barrel above amid speculation that some of the big producers will cooperate. Saudi arabias oil minister plans to meet with his russian counterpart later today to discuss the oil market. Venezuela may also attend. Chinas cabinet is said to be accepting lowering the provisions bank must set aside for accepting loans. Close to the minimum level. New credit surged to a new record in january that Goldman Sachs says the worth of the credit market is probably over. It is waiting for signs the situation has stabilized so it can place cash back. The magnetism of the yields are also drawing invest
United front on climate change. What the deal means. Google is in the u. S. Governments crosshairs. The federal trade commission looking into whether google restricted competitor access to android. Whether thei asked agency would take another look at the Company Following the Search Engine investigation. Take a listen. Wasnt part of that decisionmaking process, but it would be highly unusual for the commission to go and reopen the case. I was asking about a different investigation, but said, should the u. S. Government take another look at google. Joining me now, is bloombergs team leader for enforcement coverage. What do you make of they commissioners comments . Does this new investigation signal a change in attitude . That fcc issurprise taking another look at google two years after previous investigation. They are focusing on the android whether google is restricting or excluding other services. To be fair, this is very early stages. They have spoken with a few tech companies. We do
Climate change. The big talks ahead in paris. First to our lead. For the second time in two years, google is in the u. S. Governments crosshairs. The federal trade commission is looking into whether google restricted competitors access to android. Just last month, i asked the ftc commissioner whether the agency will be taking another look at the company followed the Search Engine investigation. Take a listen as to what she had to say. I was not part of that decisionmaking process. I think it would be highly unusual for the commission to go back and reopened that case. Emily to be clear, i was asking about a different investigation, but i said should the u. S. Government take another look at google . Joining me from washington, bloombergs team leader for financial crimes. What do you make of the commissioners comments . Does this new potential investigation signify a change in attitude by the government towards google . Sarah it was a surprise to everyone to learn that the ftc is taking