And, political scandals hitting korea. Just under 30 minutes to go before we get underway here in hong kong. Them markets. No trading in taiwan, we normally would have at the start of the session because it is the lunar nor year new year. The nasdaq, hitting the record highs. Regionrong start to the with stocks extending the global rally overnight. Over 1 with copper, aluminum and iron ore jumping there. It is green across asia, looking at this thing equity markets here. The nikkei up 1 here with a weaker yen. For, stellar numbers december. This is the picture. I want to mention quickly today. , falling. 6 one of the worst performers so far. Looking at what is going on with the cost, given that gdp figures , despite the economy growing at the slowest rate in over a year. Up a quarter of a percent, giving the rising the hp, and the like. A look at the aussie dollar. We did get australias fourthquarter inflation coming in lower than forecasted. After the announcement, we did get a drop.
Reporter the atv rider was seriously injured. Police say early indications that child was wearing his helmet and the child who died was not. When we arrived, we saw an upside down atv in the middle of the road. Police say the two riders tboned a car on the passenger side as the driver tried turning. The impact killed one of the 13yearolds. A witness described what she saw after the crash. It was a bad sight. It was a quad turned over. A body in the middle of the road. First time ive seen Something Like that. Bad. We get a lot of calls for them riding on the roadway. This is two individuals, tragic accident, but they were riding on the roadway. It appears one of them was wearing a helmet at the time. Reporter that was a Township Police lieutenant talking about the dangers of atv riding on the roadway. Tonight, we found this. According to a recent report in 2015, 58 atv riders who died were under the age of 16. 32 were under the age of 12. That same report says that pennsylvania ranks fo
We will talk about that. New ceoill speak to the about raising sales, earnings, outlooks, why he is putting hockey in the penalty box. Lets turn to the markets. A number of factors that you need to be thinking about today. One of which is we have a decent bid on the yen. Around. 2 point. 2 of 1 . Policy is beginning to work in japan. You can see the yen up by. 2 of 1 . The dollar is fairly flat this morning ahead of payrolls friday. Yesterday briefly week session for equities. A leg lower this morning. Lets move on and talk about what else is going on out there this morning. Lets the bunds open so talk about what is happening. We see yields beginning to push a little bit higher. Backing off their earlier session high. There is the open, bunds initially on offer but beginning to firm now. Of where cashator equities are likely to go. We will talk throughout the program about this incredible spread that is emerging between what is happening with the german on market and the treasury bond
Anna a warm welcome to bloomberg daybreak europe. I am anna edwards. Manus i am manus cranny. Breaking news. Anna the german pharmaceutical business merged if an update. A couple of headlines coming in at 1. 20 per share. Euros, ebit 400 and 5 million. 405 million. Net income figure for the First Quarter of 269 million euros. These are the numbers coming through as we speak. The broader story, the expectation from Morgan Stanley is that these would be a Strong Revenue but there were several moving parts in 2017 that will likely drive a cautious guidance. 1. 3 1. 43 europes, yesterday was 1. 42. Manus some of the big drivers, the probability of a rate hike unitedted fans states stands at 100 . Inflation, reflation, the great reflation trade. This is what china produced. The ppi nevers. Busting through 7. 8 on the chinese prices. That is the most since 2008. It is more a question that cpi has underperformed. How strong is that . Does that remain intact . Anna export prices run the world,
Welcome to bloomberg daybreak europe. I am in the city of london and i am joined today by by meme matt miller. There is a lot going on in markets and im looking forward to seeing how this develops after yesterday straight or it yesterdays trade. Anna asian stocks might be getting a bit because of the japanese data on trade, but also because of the oil price. Thettle bit of recovery in oil price. What we saw yesterday was significant. Nymex showing the oil might be bouncing a 10th of a product a 10th of a percent this morning. The session was pretty significant. This is at 78, if you want to bring this one up on your screen. They were down by 3. 1 percent. U. S. Stocks taking a bit of a hit as a result of that. Inhave to put that oil story because we have stronger trade data out of japan. It is courting peoples imagination over in the asian trading session. Matt i will take a look at some of the things on your risk radar or it take a look at the eurodollar. Saying,had an analyst if thin