Is adent trump soninlaw focus into the russian meddling in the election. Investigators are looking into meetings Jared Kushner had with the Russian Ambassador and a banker for moscow. He is a senior white house adviser. Alloy or set it coast or will share what he knows about the meeting. The president met with the japanese Prime Minister before the start of the g7. They disagree on areas such as trade and Climate Change. Its believed the others wont gang up on him. To focus onng terrorism and issues where there is common ground. Global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries, this is bloomberg. David the president is completing his overseas trip. There are a host of issues for agreement or disagreement. He went to the heart of one of them when he talked about german car exports. He said the germans are bad, very bad. Look at the cars they sell in the United States. We are going to stop that. Matt miller is covering the challengi
The mondayutes into trading session. Seen ishe strip we have continuing today. We have been on this long street without a move the s p 500 and longer if you look for a 1 drop in the s p. That continues today. We have a little bit of it downward i. S. Its down 1 10 of 1 . What weve been watching and the trend we have talking about regularly is the low volatility environment for u. S. Stocks in we have low correlation among u. S. Stocks. Take a look at the bloomberg. This is what we are watching here. The vix is in blue. We saw some spikes in volatility over the last year or so along with a measure of correlation. How much are they moving together in the s p 500 . It makes sense. Youve got both of them low at the same time because you dont have stock moving together. Its hard for risk to spike as they all go down. Thats a trend we are watching. I wanted to look at some of the big movers to the upanddown side. Thats a sharp contrast with the competitor. The sales are up by 11 last quarter
Equities trading, just under 30 minutes into the end of the friday session. 600 gainingg, stoxx for the fourth day, best run since december the ninth on trumps promise business stock overhaul. All currencies falling against the dollar. It is the losing run after six weeks of decline set to come to an end. Looks like it is. That is the bloomberg dollar spot index. Yields rising in portugal, italy and ireland. The 10 year is lower commodity than sovereign. Loreal in the news. We spoke to the chairman, fourthquarter sales missed estimates, rising eight point 4 , boosted by 6. 2 Revenue Growth in north america and increasing appetite for its brand,c higher and separately, it may dispose of the body shop division, potentially pulling the plug on years of a failed turnaround of the u. K. Cosmetic brand that spearheaded the trend in environmentally minded products before losing out to rivals. Shares in the last 12 months up 12 . Ughly today, a big u. K. Restaurant food delivery service. Numbe
That is up from 16 a year ago. Terrorism ranked second, followed by immigration. Chinas congressman said a trade war with the u. S. Should not be an option. Told voters in beijing the disagreements are inevitable. But history shows the u. S. And china can overcome trade frictions through negotiations. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. This is bloomberg. Amanda live from bloomberg World Headquarters in new york city, im amanda lang. Joe im joe weisenthal. U. S. Stocks are rising to records today and the dollar resumed its advance. Joe but the question is, whatd you miss . Amanda the Philadelphia Fed chief says a march rate increase is not off the table, after clevelands loretto mr. Said the same thing. Traders are a long way from being sure of a rate hike next month. And macysalmart rallied after results from the Holiday Season exceeded wall streets pessimistic expectations. Ad, tesla stock has been on tear, up 48
Yield differentials are playing out, look no further than the dollaryen. 6 rude a little bit higher after a brutal selloff. Copper also rising by 32. David now for a preview of those jobs numbers. We turn to mike mckee. Mike is down in washington. He will get the first look at those numbers. Is there any chance we are setting of sorrows setting ourselves up for a disappointment . May be settinget itself up for disappointment, but nobody thinks so. Mentioned that whispered number of 230,000. 200 thousand jobs is the headline number that people are putting down on paper 200,000 jobs is the headline number that people are putting down on paper. 215,000 is the number for private sector jobs, which means the government is going to subtract the number that donald trump put a hiring freeze on. Unemployment is set to drop. That what is always a wild card when you are considering whether or not people are coming back into the labor force. If you do get a 230,000 number, what other numbers are a