Hour dow down by about 40 points, nasdaq up about four points. Watching the treasury market, youll see the yield for the 10year is at 1. 875 we have a big dip in the bri british pound. It fell more than 1 the government is looking to make it illegal to extended post brexit exit period theyll have to the end of 2020 for the transition period. Thats the time the eu will continue to apply if still a member Boris Johnson wants to cap that period to just one year to help fast track a trade deal with the eu looking past you phil to phyllis here boeing is down five, so it is flat again yesterday, we would have been up a lot more boeg is suspending production. Boeing plans to reassign workers and doesnt expect furloughs or layoffs but it will have ripple affects and impact thousands of jobs over a ripple across the supply chain it is not going to hike. Phil is on set with us it is better they can save some money. I cant believe you could build four of those in a month, which tells you the size
Shery and a rocky road ahead for china. The worlds top auto market heads for an unprecedented second Straight Year of failed declines. Comingnd south korea online. Here is what to watch. Sophie stocks open higher with nikkei and topics opening with two. 2 . Data earlier this week showing a pickup in business spending and reduced prices. The yen looking steady after jay powells speech which reinforced the dollar has a negative bias. Which assets will benefit most from the feds 2020 outlook . We will check in on the open in seoul. 7 . Ospi up we have aussie shares moving to the downside with a risk on move this morning. Futures are also gaining ground. It lets check in on currencies this morning. The aussie dollar bumping its timeagain for a sixth moving below 68. 80. And the british pound back up above 132 above 1. 32. More on u. K. Politics now, heres a check of first word news. U. K. Votes later thursday in an election that will defined the relationship with the eu for years to come.
Sliding Global Demand is increasingly hurting the mainland economy. Kathleen thousands join hong kongs biggest demonstration in months. The protests may drag on into the new year. Lets get straight to the market action. What are you watching . Sophie this monday, stocks in tokyo are gaining ground. The nikkei to 25 adding 0. 7 pipe 0. 7 . 225 economy the nikkei adding 0. 7 . The economy grew. Jesper sees a payoff in 2020 with likely massive boom in productivity. Checking on the yen, holding at about mid108 levels. We are seeing the kospi gain ground, up 0. 4 . The korean won is also looking stronger. We are seeing gains for the asx 200. There was a surprise resignation. We are seeing futures marginally lower this morning early in the asian session. A quick check on bonds. Keeping a close eye on 10 year jgbs to reach that 0 level for the first time this march. We are seeing dwindling demand on the short end as expectations fall for more boj stimulus in light of shinzo abes spending pack
Both companies. Manus welcome to bloomberg daybreak europe. Talking about donald trump. I have no deadline, the forwards that blew the consensus word out of the water and it were stocks that rocked the bond market. December 15 is live. Good morning, its all going horribly wrong. Thing,that is the key whether we get that ratchet higher or a pause even if we dont have any kind of phase one. It has rattled markets and we are digesting President Trump here at europe. He has done a uturn, but china is on the official agenda for the first time. Market got and little bit of a rock yesterday. We saw yields drop by 13 basis points. I can smell the short trade. You have got the msci asiapacific in their. In there. We had a onemonth low. Data, that brings bluebays short trade into play in the market has moved forward on the probability of a rate cut. It was a bit of a shock, the oil market has got swagger. The oil traders are not bothered by trade angst. Much, i asked myself. Credentials for prot
Said to be sweetening the deal in dubai. Fany saudi aramco meets investors as it looks to boost support for its mega ipo. It is bloomberg daybreak europe. We are live from dubai. Nejra cehic is having a wellearned day away from the mayhem and the carnage that there is in the bitcoin market. Day nine of a drop. A battering and value. Sub 7000. The pboc warning people away from bitcoin. What needs to happen to get bitcoin back on a rally, may be a complete drop in trade negotiations. Deal. Phase one committed to phase two and three. The two other risk markets, ground zero for trade for the aussie dollar and the won. Do we have those markets . Lets have a look at them. The dollar down, the yuan strengthening. Won rallies. The chinese playing to the hawks. The policy hawks. Up a twohe oil market month high. The daily machinations of trade drive the markets. To the u. K. , Boris Johnson unveiled a Safety First Program of policies in the partys election manifesto. Brexit boxnending set drama