A stinging attack on londons brexit preparations. How close to the mark are his comments . Well talk about all of those issues. Lets talk about where the markets are now. The nikkei out of the gate this morning, playing catch up by 2. 5 . Keep an eye on that. Really interesting story. Were watching whats happening with whole milk. Were talking about whole milk. The reason im talking about that is it has had an impact on the kiwi this morning. The yen is down by. 2 . The others a little bit higher. Were watching the continuation of the story. Plus oil prices. A quick indication where equities are going to go today. We think well see a positive session. Lets get a first word update. Guy, thank you. Britains Prime Minister needs to be told the uncomfortable truth about the difficultiesor negotiating brexit. Thats according to theresa mays former envoy to european union. He quit as the u. K. s permanent representative to the e. U. Yesterday and urged british officials working in brussels t
Justice department. Eating straight to the market close, we do not have an open in many parts of the region because it is the Lunar New Year holiday. Having a look at what is going on in commodities and more. Mentioned, we have the markets like china, hong kong, and others closed due to the Lunar New Year holiday. Commentseing trumps weighing on investor anxiety and you are seeing consumer and material stocks during the most on the regional benchmark. Japanese automakers toyota and honda among the largest lacquers and in the backdrop we do have gold holding two days of gains and positive in oil after the overnight movements. Electronics, autos and machinery makers looking at the yen gained some ground. Its forecasted dropping as much as 18 . The biggest decline on the intake nikkei and the topix. It dropped its operating profit outlook two 70 . A negative here and it is likely to persist if there is not a drastic change in reggie according to analysts. Direction, we have sydney moto ch
8 00 in thes emirates, 4 00 in london. I am uses community yousef gamal eldin into by. We had five Straight Days of declines. If you look at the reflation in the asian session, not a lot of conviction at the moment, is there . Shery it seems to be fading right now. Treasuries just climbing, reversing declines. Look at my gma function. We are seeing the markets in the asiapacific looking pretty maxed. A halfkei fell just percent. We have more strength for the japanese yen, up 0. 2 . When it comes to commodities, we saw the Commodity Index rebound over night, tracking gains in metals. Metals in asia gaining momentum. The big story when it comes to commodities, oil is swinging between gains and losses. Is a lot about oil. Let me show you what happened overnight. We did get debate out of u. S. Crude inventory. I put the wti reference price. That is your line in blue. The important one to watch out is the white line in white. You can see this is a build of 9. 5 Million Barrels last week. An
Measure of the spread of populism. Global news, 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. Im alisa parenti. This is bloomberg. Im caroline hyde. This is bloomberg technology. Coming up oracle looking at Third Quarter results and the h to the cloud pushing off paying off ,. And another twist in the yahoo hack, u. S. Officials blaming u. S. Intelligence russian intelligence. Ban,ally behind the travel we will speak to a standout leading the fight to block it in the courts, the Massachusetts Attorney general. First, we go to our lead, stocks near record highs after the fed has raised rates. Facebook, google and and another stock we are watching, that is tesla. The company and often they are sing 1. 15 billion dollars 1. 15 billion in convertible notes. Cory johnson joins us now to break it all down. Signaling thes fourth quarter. Cory they are burning money like crazy, burning to hundreds of millions, nearly a billion in the last quarter
Measure of the spread of populism. Global news, 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. Im alisa parenti. This is bloomberg. Im caroline hyde. This is bloomberg technology. Coming up oracle looking at Third Quarter results and the h to the cloud pushing off paying off ,. And another twist in the yahoo hack, u. S. Officials blaming u. S. Intelligence russian intelligence. Ban,ally behind the travel we will speak to a standout leading the fight to block it in the courts, the Massachusetts Attorney general. First, we go to our lead, stocks near record highs after the fed has raised rates. Facebook, google and and another stock we are watching, that is tesla. The company and often they are sing 1. 15 billion dollars 1. 15 billion in convertible notes. Cory johnson joins us now to break it all down. Signaling thes fourth quarter. Cory they are burning money like crazy, burning to hundreds of millions, nearly a billion in the last quarter