Futures for tech. Lamborghini rolls out a luxury suv. We will speak to the companys ceo at 9 00 a. M. U. K. Time. Looking forward to that. Matt absolutely. I am looking forward to seeing how we open up this morning because of that tax news out of the u. S. It will be interesting to see how this rotation continues in europe. We have some chipmakers. In finney germany and the Big Industrial Technology Companies across the continent. Take a look at what we see in the futures, positive indications with the exception of the cac 40. There is a catalonian issue we will talk about as well. Although very little change in those Index Futures on the dax Index Futures. A gain of 1 . Take a look at treasuries. Not a lot of movement. The perception of a dip in yields on friday. We have been trading pretty sideways at 2. 388. 2. 4 percent but not going much above that level. Guy lets take a look at the gmm and show you what it is showing us at the moment. And want to focus on what is happening over h
On jerusalem is a step towards peace. He said that israel will continue to work with the president and his team to make true. Ream of peace come in a televised speech, the Palestinian Authority said President Trumps decision rewards israel for ignoring International Agreements and encourages occupation and ethnic cleansing that will serve extremist groups. He added it also undermines u. S. Credibility in the middle east process. United nations secretary general Antonio Gutierrez said he any unilateral action on jerusalem that could undermine a twostate solution on the israelipalestinian conflict. He called jerusalem quote a issue. Tatus it is only by realizing the states, living side by side in peace, security recognition, with jerusalem as the capital of allel and palestine and final status issues resolved permanently through negotiations that the legitimate aspirations achieved. Ople will be he added again quoting there theo alternative to thestate twostate solution. There is no plan
The u. K. Chancellors at the detailed plans to cut 12 billion pounds off of welfare spending as he delivers the first fully conservative budget in nearly 20 years. Caroline i am caroline hyde. Ryan i am ryan chilcote. It is 1 00 p. M. In hong kong. Caroline chinas benchmark index has seen its biggest intraday fall in years, plunging 1. 8 . Thats amid a continuing route, leaving only 43 of the entire stock market frozen. This is a day after hong kong and chinese shares entered a bear market. Ryan shares on the shanghai composite have plunged by ron 30 this year since the peak about a month ago. David english is in hong kong where the hang seng index has also plummeted. David . David a very good morning to you guys. It was a very eventful morning session, and right now its 1 00 p. M. In hong kong, and we are just getting underway. Just to recap what has happened. About our before the Chinese Market opened, you had this flurry of headlines Chinese Companies announcing that their shares ar
In a at its lowest point quarter of a century. David is watching this carnage. David painful. It is a painful day for investors. On 1 trillionn of market cap that will be wiped off the value of asian stocks just this morning. We do have another big asian market opening up this hour, india. It says a lot. It says a lot when the outperform or is down 1. 7 . Is downutperformer 1. 7 . Shanghai composite erasing its gains on the year. , at one point,up almost 60 . , we are down about 900 points here. Taiwan is the other big market as well. We were down 8 at one point. The biggest singleday drop. Last time it was this bad i do not know which won the oscar best picture in 1990. What was it . The ban on shortselling that regulators have put into place to effect took effect today. We are down 3 for the nikkei. Topix just entered a tight correction a technical correction. You put those two charts together, you have the yen gaining against the dollar. Quickly,markets, very the ringgit and the rup
To fight the telegraph. The stops for the first as tillersons tenure as secretary of state. I am alisa. This is bloomberg. Bloomberg technology is next. Host this is bloomberg technology. Increasing a footprint in the cloud and a deal to buy br oadsoft. Electionefore the testimony. A california house representative put Silicon Valley on notice. The congressman joins us this hour. The earnings parade continues this week and we preview what to expect from amazon, alphabet, and twitter. Broadsoft in a deal that expands the presence in software and the cloud, which has been a priority for the company and it capped off ai year of deal making. For more reaction, we are joined by ed and corey in the studio. Why did they buy this . They were looking to acquire them and cisco is famous for this. It matches a lot of product areas where this already exists. It is software that is used for networks and communications platforms. They have a lot of these offerings. They have been competing against t