Silence. Bloomberg will be covering those events through the morning. Alix 18 years. In the markets, you have seen the s p hold steady, but the churn beneath it has been quite staggering. A huge, unbelievable shift, added momentum into value since value weeen into have seen since 2009. Youre seeing some buying in the bond market. Yields down by about two basis points. Over in europe, couldnt decide on a bond bear or bull day. Time now for the global exchange, where we bring you the market moving news from around the world. Joining us are bloombergs enda curran in hong kong, in london, emma chandra, and Michael Mckee joins us in new york. The Hong Kong Exchange made an unprecedented 36. 6 billion offer for the london talk exchange. Bloomberg london Stock Exchange. Bloombergs enda curran has more. Enda obviously this is a very ambitious corporate transaction. , itably more importantly would be a real test of Investor Perception towards hong kong. Remember, this raises all kinds of questi
To enable them to buy iranian oil. Those waivers went away. Those countries had to diversify. Those waivers might be given. That could be a potential rollback but not a full rollback. Nick inets turn to washington. How likely is it the president might be changing his position on iran . Is whate big question the president s position was in the first place. He has always wanted a meeting with the iranian president because that plays into his brand of personal diplomacy and believing inserting himself into these negotiations and looking a foreign leader in the eye can produce breakthroughs. What you are seeing is in expectations that have sanctions are eased it would be the waivers that alix steel mentioned. Allowing some oil exports as part of a french proposal to grant iran a 15 billion credit line to buy some goods. I do not think what you will be seeing is a wholesale lifting of these sanctions, because despite all of the top, the underpinning of the u. S. Approach toward iran is this
The u. K. Government says the country is not ready for a no deal brexit. Internal documents talk of chaos on trade and financial services. Shery later in Bloomberg Technology global link, one u. S. Social media giant is finding success in china. Our exclusive with linked ins ceo ahead. Lets get you a check of the markets closed in the u. S. Stocks are broadly in positive ground with the s p 500 finishing above the 3000 level for the first time in six weeks. We had health care and tech stocks leading the gains. Interesting to see the nasdaq composite closing at the highest level since july with which was the first time we saw it gaining ground in four sessions, after we saw that massive rotation away from Growth Stocks into value. That trend of slowed it down a little bit in todays session. U. S. Futures not doing much. We are looking ahead to that ecb policy decision on thursday. Lets take a look at how markets in asia are setting up. Sofie ecb is very much on the radar. Futures and as
At the 10 year yield first. It continues to climb. 1. 87 . A lot of selling and bonds globally again today. We heard Bruce Bittles earlier saying 1. 90 , maybe 2 is where we are headed. We will speak with Marilyn Watson in a moment about global fixed income. The s p 500 continues to grind higher. All week it has been either flat or higher on the session. The best performer is freeport mike moran is freeport up nearly 5 . Wo bign has moved t figures this week as well. It is above 108. 04. Guy a lot going on in markets. Equities trading backup towards record high. Globally, shares doing well. I thing this is the third week of gains we are heading for. Trade fears may be easing a little bit. We also had the central bank story in there as well. The real story over the last three or four weeks has been this kind of real backup and yields. Bidst, massive bid, a fear attached to the global bond market. Since then, we started to go in the opposite direction. Marilyn watson, blackrock head of g
This stepping into the crypto space we have a good show today so lets go and dive right in. Bankruptcy filing for brazils Largest Company heads our global report today as the scandal plagued old brick Construction Firm seeks protection from Sao Paulo Court the name older brecht has become associated with high level scandals across the americas most consequentially within brazil was at the center of the infamous car wash scandal which was cited in the impeachment of president Dilma Rousseff and became a vehicle for the disqualification of popular former brazilian president lula dissimilar from the last president ial election digital messages recently published by the intercept show that the judge in the lula carwash case assisted prosecutors while publicly insisting that he was impartial and an involved that judge sergio morrow was named a socalled Super Justice minister by president also narrow to petition the court for protection. From creditors while it attempts to restructure 130000