Dependent. Lets have a look at what is going on with some of the moving parts in some of these assets. The 10 year yield was going up to 2 , which could signal all sorts of things regarding the economy and the u. S. Economy. And expect through the fed to be moving for the time being. The japanese 10 year yield has been on a tear. Bonds have been following. The bond market coming back a little bit. Up to the zero level. This is the hang seng Property Index in lieu of the Property Price numbers we had out of china. Higher at the moment. About 6. 7 so far. Looking at the idr as it strengthens, we do get trade data that you give us a single how a signal how indonesia is bearing the winds of commerce. Lets go across the world and get over to new york. Su keenan is there. Start with hong kong, which faces a fifth week of disruption as protesters step up their campaign a the business district. The unrest is hitting the economy hard. J. P. Morgan chase and they caved a pacific are the latest t
Lower this morning. This is bloomberg television. We are bringing you all the news you need to know from london and davos well go to davos in a moment. Haslinda is there. Whats on the agenda today . Haslinda well, it is the Global Economy. There is a lot of optimism. Modi earlier and he said he is confident about the Global Economy and especially about the italian economy. Ill be sitting down with volkswagen truck chief, and then later on, mario santano, the urogroup. Of the e dont miss the interview with tony blair. Guy thank you very much. The coverage continues to be fantastic out of the swiss alps. Lets talk about what is alps. Ning in the the next few days could be something you need to think about because the way the market is to work is rebalancing those portfolios. Keep an eye on that. The nikkei was trading down because the japanese yen was trading up through that 110 level. Kuroda, looking increasingly out of control on this story. The bloomberg dollar index, down by another.
The swiss number is beating expectations and also helping fuel risktaking on the equity side. Thes take a look at how euro was trading up 2 10 of a percent against the dollar. This is almost the haven trade of late, but overall it is still the fx short. Short on the euro and a the yen. Lets have a look at how this was number plate in. Suddenly we saw a swiss franc strengthen the euro, a growth rather than a recession, but it is coming off those lows. Where the reaction is shortlived is in commodities. We are at last on track for a gain in oil for the first time in 10 weeks. Yesterday 10 what a phenomenal move, the biggest rally in six years. Wti traded up in the u. S. , and a quick look ahead i know you love gdp data we have the u. K. Will it stick to its preliminary reading . 7 , basically flat. Jonathan the 50 here in london is putting together another day of gain. Lets get over to asia with Juliette Sally standing by in hong kong. What a week for shanghai stocks, finishing on a high
From lawmakers when he answers questions on policy. How much detail will draghi give about his plans . An ipo says it plans to take its Operation Public and a buyback. How will the market react . Matt we are less than half an hour from the european open and european futures are pointing down. On here. E wpi i am going to click in this box, futures, and then we can see the futures trade in the first numbers column and a percent missed price next to it. You can see only the ftse is indicated to open higher today. The cac and the dax are indicated to open down, as are the rest of European Markets. Let me click into my bond screen yields moving higher. You can see the Real Movement today let me zoom in we have had a real selling off of german debt and that is pushing the yield higher. Manus matt, lets look at gmm. The u. S. Equities futures a little lower, a new president in korea. Reopeninghe cost be down. 9 . The bloomberg dollar index is down by. 8 percent. That has more to do with kapl
Warns of huge consolidation. Opec dissents on the in a. Crude dissents under 50. Is saudi arabias oil minister calling the shots . A warm welcome to the program. Lets have a look on what is happening at the futures. We are not getting an incredibly strong picture from the futures this morning, i have to say. Weve got euro stocks up just a fraction at the start of the are p and trading day. The ftse 100, perhaps its a little bit on the back foot. Of getting a great deal momentum perhaps coming through from the asian session. We still have some big agenda items on the radar with the ecb meeting and the jobs report, plenty still to digest. Matt take a look at the nikkei, down 1. 6 . Take a look at the yen strength that we are seeing, 109. 95, how many yen you get for your u. S. Dollar. The aussie dollar on the other strength,owing some not the kind of strength we saw earlier in the session. We saw an hour ago a 1 gain against the greenback. 0. 5 . Only see it up losses in brent, the globa