A. M. Eastern time. Alix after that, we have some heavy hitters lined up for you. We have heralded him harold ham joining us. We will get his take on the booz cruz. We will find out what nelson the story of the day seems to be the fx market. Jonathan absolutely. I think that is where we have to begin. The question is on sustainability with we are discussing the bank of japan with the ecb. This is what it means for the fx market. It dipped below 106. Ay comes back, but we stsya stronger on the yen. Helicopter money was off the table, not of negotiations at this point. Japanese yen in the equity market starts a little lower, down about 4 10 of a percent. If you look into the doubt, a night dow, a nineday winning streak. Ahead of these Monetary Policy conversations, twoyear burdens, twoyear yields a little higher. 61 basis points on a frontend on the german twoyear. Alix thanks so much. Lets go around the world to check in with our Bloomberg Team of our indepth coverage for top stories. G
It is that we have a broken political system we are trying to understand. How did it get to this situation you have with the divided party and what are the repercussions in europe . We are just trying to figure out where it goes and what it means for us here in europe. Tom i totally agree and particularly nation to nation as may makes a visit to merkel today. Now to our first word news, heres taylor riggs. Taylor Donald Trumps son announced that he had the number of votes needed to win the republican nomination. His son says that as president , trump will not take no for an answer. I know that when people tell him and cannot be done, that is when he guarantees it can be done. When someone tells him something is impossible, that is what triggers him into action. Taylor the convention also nominated mike pence. There will not be any hard targeting when theresa may meets with Angela Merkel. Merkel has said there will be no concrete negotiations until the u. K. Triggers the clause. May and
Youre watching bloomberg s lets take a look at markets here today. Currently closed for a lunch break. Heres how they went in the morning session. Just fractionally down. today on the hang seng. We are seeing a turnaround youre watching bloomberg west. Im emily chang, this is bloomberg west. The d. O. J. Picks away apples legal argument of not being able to yahoo adds two directors to the board. Can they give the company a much needed lift. Amazon goes to hollywood. Well hear from the head of the amazon studio. First, u. S. Government strikes back in a legal fight thats expanded beyond apple including dozens now of the worlds Biggest Tech Company taking stand of the protection of encryption. The d. O. J. Is seeking to narrow the focus back to one iphone 5c. Apple opposition to a federal court order to unlock one of the season bernardino shooters phone. Apple wants desperately needs this case not to be about one isolated iphone. That there is probable cause to believe there is evidence
And tsunami. It marks the fifth anniversary of the disasters. Im mark crumpton. Im emily chang, this is bloomberg west. The d. O. J. Picks away apples legal argument of not being able to yahoo adds two directors to the board. Can they give the company a much needed lift. Amazon goes to hollywood. Well hear from the head of the amazon studio. First, u. S. Government strikes back in a legal fight thats expanded beyond apple including dozens now of the worlds Biggest Tech Company taking stand of the protection of encryption. The d. O. J. Is seeking to narrow the focus back to one iphone 5c. Apple opposition to a federal court order to unlock one of the season bernardino shooters phone. Apple wants desperately needs this case not to be about one isolated iphone. That there is probable cause to believe there is evidence of a terror attack on that phone. Meantime, apple out with its own announced just hours before the Company Confirming it is holding an event on march 21st. Which a is new ip
Let us talk about what is happening in commodities. Guy the world feels a little more empty in terms of the glass halffull argument. A lot of pressure in global trade, numbers out at the moment talking about navigating the challenging market. Down, talking about china being a difficult place to. Anna better than estimated net levels, but the china comments are interesting. Growth is expecting, but as a slower grace. Guy aluminum trading in a down side, probably the most key oil. Dity copper, this is the price. I made this chart here for you to show you what is going on. Oil is trading at a key level. Gotas the financial price down to near 40, that is when i rock invaded kuwait. In the sand,ine using trading back down towards it. Will we bounce back off of it . Yes, history will tell us that. Nevertheless, we have been down at level since the crisis. Opec and u. S. Producers playoff of each other, so much of the story about the falling price of oil. It is been about the u. S. But opec a