Economics, finance, and investment but is america exhausted by a stunning game last night . It will truly get super bowl ratings. Francine well. Politics, sports has been amazing. Government british is bracing for a court ruling in the lawsuit challenging brexit. In about an hour three judges will roll whether theresa may can begin the u. K. Exit from the European Union without permission from parliament. Wasish parliament overwhelmingly eu. Egypt has taken the unprecedented move of letting its currency trade freely. The measures move egypt closer to getting the 12 billion loan from the imf. Federal reserve policy makers have telegraphed their intent to raise interest rates. The fed says it needs only some further evidence that employment is on track before hiking the rates. What they do not know is what impact next tuesdays election will have. Our kids priced in an 80 chance of a fed move next month markets priced in an 80 chance of a fed move next month. The report has ordered an inv
Well. But i like how you mentioned brazil. To john for air and 10 minutes in brazil but between brazil and the philippines, a lot of emergingmarket politics going on within the student of economics and finance. Of economics stew and finance. Francine now, lets get to the bloomberg first word news. Nejra Bernie Sanders is not going away. He says he will fight for every last vote. Night, he defeated democratic frontrunner Hillary Clinton and the West Virginia primary. Lead inlinton has a big delegates, closing in on the number she needs for the nomination. Meanwhile, Presumptive Republican nominee donald trump won in both West Virginia and nebraska. He faced voters for the First Time Since rival ted cruz dropped out. British prime mr. David cameron may have an awkward time and ofrats when the leaders nigeria at afghanistan visit this week or he told Queen Elizabeth the two countries are extremely corrupt. Prime minister cameron nigerians, the leader is fantastically corrupt. Nigeria and
Exactly to where we should be defaced the environment that we have, to face the regulations and forces that we have. Francine this is bloomberg surveillance. Francine lacqua at london, tom keene in new york. We have to look at banks and of course the political system in the u. K. Tom i agree, United Kingdom politics is front and center. We will have a little bit in the 6 00 new york our as mr. Sanders i believe is going to endorse secretary clinton today. Feel and youbetter really wonder if brexit is moving on to a new stage. Lets now get to the bloomberg first word news. Nejra theresa may now has just two days to build a team to rescue the u. K. From its worst political crisis in a generation. She is going to replace David Cameron by tomorrow night and will need to decide fast who will be in charge of negotiations to leave the eu and will lead to elect someone to steer the economy. In japan, the Prime Ministers government is keeping people guessing on a stimulus passage package. He sa
Im anna edwards. Im rishaad salo. Anna fascinating markets this factor we increasingly in less chance of a fed Interest Rate hike in september, that seems to be many of the equity markets are basing their move on. On throughnvestors where we have been. The asian stock market picture. We have the hang seng up by 3 10 of 1 . The asiapacific up by 3 10 of 1 . We have the aussie dollar up by half of a percent. The Australian Dollar increasing even before we got the Interest Rate decision, increasing for a sixth day. No change from the rba. We will discuss that a little later. 1. 9 as markets weigh up this commentary and agreement of sorts between russia and saudi arabia. We heard about it in the middle of the european trading day, but markets talking about those efforts to stabilize oil prices. 1326. Ice is stable at lets get the first news. The Australia Central Bank has kept Interest Rates at hold as they await the u. S. Federal reserves next move. The board left the cash rate at 1. 5 .
Gotten out of euro . There is a plethora. Guy i think the releasing stuff came out of the u. K. , the inflation data pretty much as expected. In that is the up number terms of what the u. K. Is having to pay for cheaper sterling. The survey expectations number coming through at 5. 4, better than expected but prior 4. 6. The investor gauge picking up a little bit. Tom there it is, and we will have john normand with us of jpmorgan. Good morning. Violence flared along the border of israel and syria. Part of the struck happen just hours after a ceasefire began in the Syrian Civil War. The democratic president ial candidate told cnn she did not think her illness was going to be that big a deal. A video shows were almost stumbling as she is helped into a van. She said she was overheated but once she had some water she felt better. She has promised to release medical information in the coming days. Industrial production rose 6. 3 from a year ago. Fixed Asset Investment was up and chinese reta