Strategist issues a lengthy apology to trump and his family, and rallies around the president. Anna good morning, everybody. Six no one here in london, welcome to the program. Lets tell you whats been going on in the asian equity session. Manus, the msci asiapacific, excluding japan, which is out for today, is up by. 3 . The strength is coming through from the u. S. Session on friday, allowing markets in asia to edge higher. The s p closed out on its best week since december, 2016, largely putting aside any jobs report. He lets have a look at the dollar. The dollar index is stronger, breaking at 2017. Jobsa little strength coming through, with weakness in the emergingmarket currencies. We have a host of factors to keep an eye on when it comes to the dollar this week. U. S. Politics is ever president , what trump says on twitter, and now the house is back in action. And we have various fed speakers this week, and reporting season kicking off in earnest, which means the Banking Sector wi
Turnaround the european operation. Morning. Ery good this is daybreak europe. Lets talk about the asian equities session. Another boy in story for stocks. Japanese returning to the market. Msci asia pacific up. 3 . T is not all positive samsung is one of the negatives over on the seoul market. Their Earnings Report suffering a little bit because of the dollar weakness. That is weighing on the equitys story a little bit in south korea. Our focus on south korea and north korea is around geopolitics. More details of that in the samsung story. Lets talk about what is going on in fx markets. Later our attention will return to fed speakers. Today lets focus in on the yen and euro because interesting moves in both of them. The yen, and overnight story. We see the yen gaining this morning as the boj trimmed some of its bond purchasing. A small tweet to the long ticket buying. Governor kuroda told us there is nothing to see in terms of expecting to see any big changes in policy. Plenty discuss
Good morning, everyone, and welcome to bloomberg surveillance. I am Francine Lacqua in london. 0. 6 . 600 gained there is a fine thing going on in the market. If we look at last week, there was a huge volatility reserve. Have yields rising equities rising at 12 eurodollar, 1. 2492. The yen, we have a lot going on in the japanese market. Coming up on bloomberg , we have an interview with the Standard Life ceo, Martin Gilbert, after shares were hit this morning. , we are joined by the ceo gen. We also speak with diego entini, formerly of amazon and lets get to first word news with nejra cehic. Nejra president zuma has resigned, ending a 10year run hard by scandals. He disagreed with the ancs decision to throw him out, calling his treatment unfair. They must ric choose a replacement for him in 30 days. In mylife should be lost name command also, the anc should never be divided in my name. To thetherefore come decision to resign as president of the republic with immediate effect. Nejra Pre
A very warm welcome from right here in our blood body. We have a great day ahead of you. Many important figures speaking to the conference and they will speak to bloomberg. We have a real rally on our hands and a potential for more momentum. Or do we . Bitare looking at a little of a global risk on momentum. Before the powell testimony is saying sustained growth is there but he doesnt want to kill it off with high rates. Oil inventories could rise by 2 million barrels. In february. 1. 5 the best january in a decade for the oil market. This is dollaryen. The worst quarter in dollaryen in four years. Still the market is hungry for a bit of en. Of yen. 2018 special items will be slightly rising. This is a forwardlooking statements. That missed the estimates given the growth that the imf and the world and the ceos talked about. About slighting sales growth for 2018. Estimate. Eat on the would you have there is a green to measure manage merger their oil and gas unit. This is what the market
Earnings miss for the full year, but reinstates the dividend for the First Time Since 2015. The ceo joins me live in this hour. Just under 30 minutes to go until the start of the trading day. Europe is setting up for a slightly lighter opening, perhaps an understatement, down 0. 8 . Good news from the fed, that is the core message, what does that mean for rates . A couple themes. The fed is optimistic, equities lower, dollar is higher. Bond armageddon has been averted. Europeans equity markets where you see the big themes coming through. The nikke down over 1 , following the turnaround at the end of trade in the United States. Volatility is above 20 for the 13th session in a row. You have these other equity indices playing catchup. Keep an eye on the yen, getting a bit stronger. British pound down about 0. 25 . You had mark carney saying, i gave you a signal in the autumn, i may not give you a clearer signal again in terms of rates. So despite his hawkish tone and intention at the parl