It and what it means for eight million customers. Good morning. And in sport, a suprise win for the underdogs in americas super bowl. The Philadelphia Eagles beat the favourites, the new England Patriots, by a0 to 33. Its the first time theyve won the title. Let me hear you, minneapolis and Justin Timberlake wows the crowds at half time. Ending up dancing in the crowd. And its getting cold out there. Carol can tell us how cold. A few warnings. Good morning. A cold start to the day. The risk of ice on untreated surfaces. Wind from the east. Some of us will have snow from the west. I will have more in 15 minutes. Thank you. Good morning. First, our main story. The eus chief negotiator, Michel Barnier, will visit downing street today for talks about a possible transitional period after britain leaves the european union. The government has indicated it remains determined to leave the European Customs Union after brexit. The move is seen as an attempt to defuse a growing row within the cons
We are about 30 minutes out from the open in china and hong kong. Very interesting couple of days to come. We are keenly watching the u. S. Inflation report. Disappoints if cpi to a market that has been awkwardly repricing. Were also passing these comments from jay powell is saying that nothing has changed. Also a reminder, the last trading day for mainland markets before they shut down for the oneweek holiday. The last trading day of the year of the rooster. A modest recovery story playing out a link the lead from wall street. David, it is a busy day in terms of investors passing the data. David there is a lot of data coming through. As you alluded to, there is an Inflation Report that we are stuck between that. We are waiting to exhale or to gasp. Yes, you are getting gains but they are capped. Across the getting likes of gold, the dollar is back below one. 08. 1. 08. That is essentially a picture across the region. Little higher on the regional benchmark. We have malaysia gdp still
Seoul. Will be live in the bond route continues. The contagion when it comes to equities playing out in the asian session. We had that 600 point drop to the dow. Asianf extended in the session. A huge week when it comes to the data. Four centralbank meetings. You have australia, centralbank in the philippines and looking at the reserve bank of india. Very interesting to get any policy reaction to that fiscal situation of the tell by the latest budget. In the meantime, looking at treasury yields and the features looking at more downside and this is playing out in a negative way in asia. 30 minutes out from the oven in china and hong kong. Hang seng looked at the barometer when it comes to the bearish sentiment in this world as part of the world. David, were watching everything. There are a lot of trades play ing out. David it is getting worse as we speak. Markets open at the moment. On a markets like taiwan flip. We will at teachers on a significant decline. A lot of centralbank decisio
Designing also, caution is in the air as President Donald Trump prepares to address the nation and the world. He will call for unity after a deeply divisive year. Yvonne just starting things off with breaking news out of south korea, Industrial Production numbers missing by a longshot here, here are your numbers, falling 6 for the month of december. We were expecting that we would see a bit of a rebound here of a contraction of 1. 5 . We were expecting in october 6 soe saw that plunge in we have not seen the momentum yet when it comes to these numbers even though export growth still remains quite strong. There is a lot going on with the south korean economy in general. Something to watch here, the month over month numbers not looking good as well. The territories down half of 1 . In the meantime, we have been talking about the red across the screen for the last 24 hours. We are expecting day three of decline here in the asiapacific. As we mentioned, we saw a Global Equity in general. S
Made have an old fighter print the did not say one and done. Companies around the globe unleashing a tsunami of earning reports. Confident we are going to stay very disappointed. Cooks it is about being the most positive. It is also the head on bloomberg bus. Hello and welcome. This is bloomberg bus. Mosteekly review of the important Business News, interviews from Bloomberg Television around the world. Onestors entered the week edge. After the dow jones dropped. Monday the plunge continued. Jones was in a 1100 points in one day. It is now down for the year. Last week we have the monotonous rise in treasury yields. To the yield comes off a little bit. For the first time it was about risk management. The cta trend followers. It has been for the entire last week. They are looking and say in may be tax reform is not entirely a great story for all companies. It started to dissect after you that is what has them spooked. We have some price discovery right now. Off kind of disorganized so thi