London time it is 9 00 in the morning london time. This is as oil is rallying a little bit. Data that is meant to forecast that u. S. Crude stockpiles fell. Gold advancing as the foldout desk as the fallout from we will have plenty more on the markets. Lets get first to the bloomberg first word news with nejra cehic. Nejra the Federal Reserve is using confidence that it needs to tighten anytime soon. The meeting last month held before the britons referendum shows officials facing rising uncertainty. Policymakers want proof that job creation has resumed at a healthy pace, the underlying momentum is intact and inflation bill gross says sovereign bond yields at record lows are not worth the risk. He built the worlds Biggest Bond Fund spoke to bloomberg television. High durations which we have now at low Interest Rates. Even a small change in terms of yield can produce a significant loss. Your sovereign bonds are not up my alley. For more u. K. Property funds have frozen withdrawals as inv
Received investment offers from five suitors and is leaning toward three of them. You can let us know what you think of todays top stories by following me on twitter. Dont forget to include the trendingbusiness. A few markets, including china, off on golden week, malaysia also on holiday today. Here is jerry with a look at what we can expect on asian trading. Here is shery. Said, china and malaysia are on holiday, also australia and korea. The market is trading at the moment are giving a boost to the benchmark. Asian stock screening ground, reversing last week losses. New zealand reversing some of the losses earlier this morning, while the nikkei is up. 9 . Emerging markets had the best quarter since 2012, while taiwan is grinning ground,s. 7 taiwan is gaining ground. 7 . When it comes to japan, we are hearing this morning from Goldman Sachs that we might see more volatility in japanese market. Incting to more volatility the u. S. Market due to the u. S. Elections. Right now, we are se
Session highs for the markets. Three days for three. The s p 500 is at that 1 mark, trading at 2059. 1 . Dow is up by 8 10 of all of this coming off betterthanexpected data. Dive into my bloomberg terminal. I want to show you the seasonality heat map. This is your favorite function. Take a look at this christmas tree, red and green. I want you to focus on a couple red blocks here. This is for the month of december 2015. Right now we are on track for a negative of 1 . Getting closer to actually turning into the green for december, and the last time we had a loss on the order of 6 was back in 2002. We will be watching that as the day goes on and as the week goes on through the end of the year. In addition to that, i want you to take a look at the s p year to date. I want you to see look at this number, we are not in the red anymore. Now, positive for the year to date. Look at the volatility we have been going through. The s p 500 has actually flipflopped between positive and negative ter
Livermore 15 Miles Per Hour from the west and winds will be continue to stay sustained up to 25 Miles Per Hour later on this afternoon and it could gust up to 30. Keep that in mind later on as you pick up the kids from school and even as you drive home later on this evening. Temperatures into the upper 40s and 50s, 48, and same for sunnyvale a handful of mid50s, it could feel cooler with those winds and today temperatures will be on the cooler side with cooler air sinking in behind a cold front, the lunch hour warming up to the lower 60s, coastal location also stay cool for much of the afternoon, inland locations warming up into the upper 60s, well time out tonights rain chance coming up at 7 15. As we continue to track delays that are building at the bay bridge this morning, there was a motorcycle accident and all it takes is one westbound. This had been a lighter than usual commute for the bay bridge, thats the way it started but now the backup is into the macarthur maze and the driv
Another trading day, another record in u. S. Stocks. Be Dow Jones Industrial climbing 200 point. In the meantime the s p 500 rose one percent, rising above record from april 2. Wilshire bands health hillshire planning to buy pinnacle. Is a good time to check in on who is winning the cloud wars. A recent International Data Corporation Says that bu yers favor ibm, cisco, hp and microsoft over amazon. What is working, what is not working . How does security factor in . Well go to cory johnson, and also joining us is the president and chief executive of bitglass. Gentlemen, great to have you here. What is the challenge that the club has when it comes to security . Obviously when data goes from one company to lots of servers all over the place it opens up issues in security and reassembling the data in usable form. Security is tantamount to the success of the cloud. The other issue is that with so many competitors in this arena, where the hardware is barely differentiated there is a tremend