The dax is down some 1 . A little bit of pressure on the stoxx 600, i guess a little bit of concern over the tax overhaul. There is a little bit of pressure on miners. The bloomberg dollar index again, the dollar seems to be pretty steady. I am looking at the pound because of theresa may and there could be some kind of rebellion brewing. We will get our Political Correspondent on that. We talk economics and Monetary Policy with larry hathaway. He is the head of investment solutions. Then, we discuss as it presses we discuss asset prices. Overhaul. The tax we are also just getting some breaking news out of indias central bank. It is maintaining its neutral Monetary Policy stance. I know we will get the chart of for you and i will bring you any breaking news that we have from the rbi of india. Lets get straight to the bloomberg first word news. Nejra donald trump will formally declare jerusalem to be israels capital and direct the state department to start the process of moving the Ameri
Getting a nice boost from earnings well talk to the ceo in a cnbc exclusive, coming up another day, another record for bitcoin. The cryptocurrency surpassing 15,000 for the First Time Ever bitcoin has more than doubled in the past month its moving in thousanddollar increments now every day at this pace, the journal this morning says the it would end the year above 2 million, at this pace. Well, i think that people have to recognize that bitcoin is not created in huge amounts you can mine bitcoin using some nvidia chips or some advanced microchips but theres just not a lot of supply almost minimal at the same time, i have never seen a level of discipline of the buyers you obviously cant they must be afraid to short this thing. But the buyers are not letting things go. I mean, typically, you bring out sellers when you have this kind of parabolic move. Where are the sellers . I dont know. If were going to continue to have the same conversation every day, i think you and i and were going t
Negotiations and what they turn to next. We heard earlier this morning from mr. Jeanclaude juncker that they reached an agreement with the u. K. They will be able to talk trade in the next couple of weeks. We still have the pound fluctuating. Maybe investors were expecting more of an impact. Are at their week where it they had quite a bounce where they had quite a bounce. I am looking at the ftse on the back of that brexit, not much of an impact. That could change. Today we talk markets and Bank Regulations with andrea ocho andrea orcel. Mcewan and with ross we also speak to roland rudd. It is quite fitting that we havent brexit show this friday. Lets get to Bloomberg Business flash. Nejra the u. S. Congress has passed a twoweek the first toisions on decisions on settle some larger issues on spending and legislation. At the same time they will be rushing to finish work on tax legislation before leaving washington for the tax holiday. Al franken says he will resign to in the turmoil to
Welcome to bloomberg surveillance bloomberg surveillance. Im mark barton in london. Festival of Central Banks, we have the ecb to come, the bank of england, the fed here. Down 1 5 of 1 . Uro, little change unchanged since the last ecb season, october 26. Hasnt fallen to one dollar 1587 on November November 7. Sterling up by 1 10 of 1 today. Today, but its politics thats affecting sterling today, having risen since fps last night. Theyre changing their governments planned legislation, so they guarantee they will get a meaningful vote on the final deal to leave the eu in negotiations for 2019. Coming up today on bloomberg surveillance, we will discuss markets with paul donovan, hear from the s p governor thomas jordan. But get to bloomberg first word news with Sebastian Salek sebastian the fed has raised rates by 25 basis points as widely expected. We also have a growth forecast next year, but maintaining projection of hikes 3 hikes in 2018. Saiding chair janet yellen this underlines tha
Hill ceremony honoring former senator bob dole. He is about to receive the congressional gold medal, the top honor congress can bestow. He was the only president ial candidate to endorse President Trump. And the president will be there when the president speaks live. We came within five points of seeing a 300point gain for the dow. Up 287. The climb today has been since the opening bell, steady but steep as the dow is about to make another mt. Everest peak in the final hour. We stand at 26,082 points, taking another step. The second one closing above 26,000 following yesterdays crushing 383point swing. Remember yesterday it crossed the milestone level, jumped up when the bell opened and fizzled out. If it happens today, it will be only eight days since the last time we saw a thousand point gain. That makes it the shortest stretch ever between the milestones. The previous record between thousand point moves was 23 trading days. While the dow is propelled higher on stronger than expected