Hong kong. This is Bloomberg Markets middle east. Lets get you a quick check of how the markets fared on friday. Lets start out with the u. S. Close. U. S. Equities range bound on friday. Kind of bowlers kind of boring to be honest with you. Dow jones matching a drop. Lets look at the broader macro moves that might interest people in the region. Look at the 10 year u. S. Treasury yield. Treasuries catching a bit of a safe haven. The yield on the 10 year falling to 2. 25 , after reaching 2. 27 thursday after the the more hawkish than expected fed statement. Take a look at the emerging markets index. That was falling again friday, a second day of consecutive down days. Again off the back of the fed taking a knock off a six year high we had seen. Oil is part of the emerging markets story. Oil continuing its rally. We had that technical meeting in vienna by opec members. We will discuss that later in the show. Lets take a look also at some of the currencies. We have fx moves in the market.
Joins those voting against the bill. Drama turnsip another page with apple urged to jump ship and change sides. There is a sickness going around. No, it is not what i had over the weekend, which was the flu. Really took the markets down today, the big tech shares, but it lifted another portion of the markets. I want to pull up a chart for you guy. You guys. G btv 4698. It shows small caps, which has been the laggards all throughout the year, now starting to see some life, some of the life fangg out of the stocks. Yvonne a different kind of flu. I am glad your feeling better, betty. Some of these stocks that have suffered the most this year doing quite well. Safety trade dragging things lower. Those demand concerns over the iphone 8, certainly weighing on the whole sector overall. Not a good lead up to asia shares this morning. Kiwi, we are continuing to see weakness after that surprise in the new Zealand Election outcome. Despite the weakness we have seen, we are seeing an upside sci 2
Euro economy needs. We will hear from the fed chair janet yellen today. Welcome to bloomberg daybreak our flagship morning show right here in london. In a half hour time we will be , renato luliaceo jacob. T is another deal this time a 4ll explore options for billion drugmaker. Have alvin gentry alvogen , along with under other owners exploring options. The deal size could beat 4 billion. Aplenty. Als alvogenot unilever and on the pharma could pharmaceutical side. The u. S. Is wargaming four or five scenarios dealing with north korea. A clear message came through. We are not, and have not, declared war. Youhe bottom of your screen see a drop in value. The yuane falls as falls, they are holding back. , we areh korean won coming back. The white house has said we have not declared war on north korea. You have a cabinet response versus the trump rhetoric. The market is saying we are not running away on the runaway train of war in the markets. It is reflected in the risk rate of stocks. A l
Draghi said the ecb will keep as much stimulus as the eu economy needs. We have an exclusive interview minister,s finance Pier Carlo Padoan. In london, european stocks, little changed. One hour into the trading day, up marginally for the fourth consecutive day. Best run since september. We have had fresh threats from north korea, sending money into haven assets. The euro falling for a second day post the german election down to 1. 1813. Falling five basis points in the wake of the german election. Brent crude is just a low 60 a barrel, down by. 6 . Why we saw gains in the last 24 hours, turkey threatened to shut down curtis shipments shutdown kurdish shipments through its territory. There is no a seven dollar spread between the benchmarks. Greece willank of start stress tests to determine if they need fresh capital before the greek bailout program. The results of the test could be ready in early may. That comes as maria draghi said yesterday the single supervisory mechanism might hurt
But im adrian said again this is al jazeera live from doha also coming up a palestinian gunman kills three Israeli Security personnel in the occupied west bank the government was also shocked. As a hostile words between the u. S. And north korea continue russia says that its working on a diplomatic solution to the prices were placed from moscow. Opposition protesters in kenya on the bellboy called the upcoming president ial vote unless Electoral Commission members replaced. Turkeys president his warning of the risk of an ethnic war the day after a Kurdish Regional referendum in iraq as controversial secession vote rather the iraqi Prime Minister has called the referendum unconstitutional. Celebrated the end of voting the campaign is expected to win comfortably but the result is nonbinding referendum was opposed by iraq and its neighbors iran turkey and syria all of whom have a substantial kurdish minority the turkish president has warned that iraqs kurds could go hungry once sanctions