China. The private factory gauges rising for a second month to its highest reading since march. The united00 a. M. In emirates. Im yousef gamal eldin in dubai. David im david ingles in hong kong. , andyou look at markets really have a look at what we are looking at across the board, we have equities against the u. S. Dollar. Yields are backing up as well and we are getting a followthrough move. Tback to the here and now. Two pieces of data today, the services pmi out of china, the private gauge. We also had exports coming out of south korea. When you put everything together and you put that together with the move up and commodities we have seen over the last week, it tells you the underlying fundamentals have really improved, maybe going back about a month and a half. This is one the rba decision comes into play. We get the decision out of sydney in about 20 minutes or so for the we also get the mediumterm output. How do they balance an economy that is in much better shape than the las
Oil inventories tonight. The market, futures higher as stocks break their losing streak glimmers of a plan macys adds a Top Executive and announces a further restructuring, how the new ceo is talking about those changes. Forecast in decline in teen anl u usage. Stocks are poised to open higher playing a big role politico, jim, says the big six as they call them, has a lot more than they had in july when it was just six paragraphs. I thought mcconnell saying there is going to be a debt ceiling not an issue was really important. And i think that can be an underpinning for a potential rally, given the fact that until he said that, i think that it was just well cast there may be organizational principles here. Im not saying that i think anything can get done necessarily on taxes im also saying were not going to suffer from a debt downgrader. You believe mcconnell i do. I think mcconnell is trustworthy on this issue. I really do. I know im out there on that. Politico at the same time as a p
Good morning. It is great to see so many familiar faces this morning. Were looking forward to a timely event as we address the threat post by north korea and u. S. Policy options. Todays event will be livestream here incourage guests our mind to join in on the conversation on twitter. Fdd. An find that at also please silence your cell phones this morning. And placed ahead of the conversation to todays moderator from the associated press. Thanks a lot. Thank you for being here. Andas been a confusing frightening past several months when it comes to north korea, and confusing for americans, people in guam, south korea, japan. On the one hand, weve seen a level of saber rattling you do not typically see between Nuclear Armed nations, in a sense that we are closer to potential actual military conflict between the u. S. And north korea then perhaps we have been. On the other hand, you hear those in the administration are doing that they are actually doing that there are actually signs that
Error of fossil feels. New era of fossil fuels. Is midday. Welcome to Bloomberg Markets middle east. It is all about the fed, 100 percent certainty. Indicatingng futures that is where it is going to go. An indicationis of how long it has been since we have had an interesting Interest Rate cycle. We have not seen certainty for as long as i can remember. Take a look at this tribe that i got for you. Is the market implied odds of an Interest Rate at 100 . N they have been at 100 for a wild. Two panels underneath the panel, is the see the blue line bloomberg dollar index. It is going to be a big day for both bond markets and the dollar market. That will be of interest for everyone around the world about but bit certainly for markets in the middle east. Many have dollar pegs. Right here in hong kong the dollar peg. What does it mean to the region . That is the question in terms of guidance for 2017. Lets do a quick check. We have mumbai. It remains a cyrus mystery. Continuing to play out in
Liz time to drain the swamp, congress got a wakeup call about that from president elect trump today, welcome to risk reward. It is day one of americas 115th congress, they were sworn in today. What is first thing that House Republicans do . They under cut president elect trumps vow to drain the swamp by gutting the Ethics Office panel. President elect saying, with all that congress has to work on, do they have to make the weakening of the independent ethic watch dog as unfair as it may be, their number one act and priority . Focus on tax reform, healthcare and so many other things of far greater importantance, drain the swamp. Marcia blackburn just came o the floor, she is joining me now by phone. Good to have you. Thank you. I have been on the floor and voting. Liz here is the thing with this first move to gut the ethics panel. It is taking off on twitter, now a joke that g. O. P. Is acting like it is my party, i will lie if i want to, is this a mistake to gut the ethics panel . Is th