With the u. K. Persists. The euro is just earning slightly lower but was rising for the first day in three earlier here in earlier. A big decline in the euro this week against the dollar, falling the biggest amount since october, down 1. 5 . Before this week, the euro out for seven consecutive weeks against the dollar, the longest winning streak since 2004. Mixtures in the bond market with core yields falling and peripheral yields rising. The greek fiveyear up 39 basis points. The commodities space is being hammered, natural gas is the only commodity on the bloomberg Commodity Index that is rising. Gmm is the wonderful function. Want to tell you about stocks a monday drops, amundi drops that rises the chief executive say the recent collect dust correction in Global Equities is not such that it would significantly affect our different distribution channels. It will be fascinating to hear what other men in Money Managers and banks have to say about this recent correction in coming weeks
This is the stoxx 600. We see a little bit of pressure, down from 0. 6 . We saw a mixed session in asia trading. And we have this pressure on bond yields. Around the world. This served the boj into action to keep rates from getting out of whack. We have a good interview from our tim ross yesterday. 223. E, 1. 4 coming up on bloomberg surveillance, the speakers to the chief Financial Officer as the danish lender unveils a 1. 7 billion buyback plan. A little later, its the brexit show. We areb ack on were back on track and we discussed trade. We also discuss jobs and growth with roubini. The bank of japan has announced the first unlimited fixedrate bond purchase operation since july, seeking to assert control over the nations yield. The central bank offered to purchase 10 year notes over a fixed rate of 0. 1 and expanded purchases at the regular operation for the second time this week. The boj target for the 10 year yield is around 0 . Lester they offered to purchase an unlimited amount
Headlines from outside the business world. Emma chandra is here. Emma thank you, david. It was terrifying night on the Las Vegas Strip. Police say a gunman perched in the mandalay resort and casino opened fire on an outdoor music festival. The death toll keeps climbing. Eres the las vegas sheriff. The number of injured, i do not know yet. But we are looking in excess of 50 individuals dead and over 200 individuals injured at this point. Emma police swat units stormed the mandalay bay and killed the suspect in the shootout on the 32nd floor. Hes been named as steven paddock, a 64yearold las vegas resident with no known terror connection. Hes believed to have checked into the hotel as a guest. Authorities say theyve also located a woman who was described as a person of interest. Meanwhile, nearby Mccarran International airport has resumed operations. Some flights had been diverted to other airports during the shooting. And well bring you more on this developing story as it breaks. David
And counting. Now its shares have hit a new record high after it revealed a big jump in profits and forecast strong sales for the all important holiday season. Lets show you the details. Apple made a profit of 10. 7 billion in the three months to the end of september up around 19 on the same time last year and well above what investors were expecting. At the heart of it all is the iphone apple sold over 46 million of them across the world in the three month period up 2. 6 on last year. It says sales growth was in double digits in many emerging markets. But its the next quarter that has investors really excited because of this. The new iphone x is released today. Apple has said demand has been off the charts and is forecasting record revenues for the holiday season. The big problem is making enough of them. Waiting times are currently up to six weeks, but apple says it will reduce that in the coming days. For many people though a big concern will be the price atjust under 1000. I think
Apple insists that it pays every dollar it owes after the Paradise Papers. Yousef it is 8 00 a. M. In dubai. I am yousef gamal eldin. I am david ingles in hong kong. You are still on the ground. The talkingugh points and how the narrative has changed in the last 24 hours. Yousef we started with shock and awe, now commentary from President Trump saying the Saudi Administration knows what they are doing. From thecement attorney general saying there could be more to come. There is a lot of rhetoric around tensions with iran. Let me show you the currency forwards. This is 5114 on the bloomberg. The 12 month forwards come look at that spike above 200 points over spot, the highest it has been since summer. We will get more Market Reaction later in the program. What are you looking at . David this time yesterday we did get an update following what is happening. In a share, you look at this rally. Up with wordscome to describe how stretch to these markets are getting. And you look at earnings