Abigail doolittle with us with the latest moves. Abigail mixed trading for the major averages. Down slightly. S p 500 and nasdaq up slightly. On the week, the dow is flat to up slightly on the week here the s p 500 is down. 1 . Is down 1 . The nasdaq down within 1 . It will be interesting to see if that can be reversed on todays trading action. The index is now, probably not. The currency markets we have a little bit of weakness in the bloomberg dollar index, down. 2 . That is after the jobs report that was mixed. We do have the pound trading higher, and the dollaryen strength,ng yen pressuring the dollar. A little bit of a safe haven play among the currency market. We look at the commodity complex. You have a little bit of a mixed picture of oil trading higher, recovering from the lows. 5 . Getting a nice bid up copper futures off of their lows,. Com or is down on the week. All of the Industrial Metals are down this week. The first down week since the election. Looking at the bond mar
Of authoritarian rule. And nico rosberg shocks the world of formula one days after winning the drivers championship, announces his retirement from the sport. We will find out why. My name is christopher, good to have you with us. All eyes are on sunday with two important votes taking place, one in italy, the other in austria. We start with austria first. Voters are electing the new president on sunday in a rerun of a vote originally held last may. Last may, the dependent candidate independent candidate for him, but it was overturned in court. And now the two candidates emphasize their proand antie. U. Stances. The race is too close to call. The presidency in austria is largely ceremonial, but the popularity shows how many austrians in beit embrace antiimmigrant rhetoric because of effective campaigning. Reporter hofstadter is an oldschool politician. Right now he is feeling very optimistic. we are getting a lot of support from the people. Everyone is saying, i hope he wins. That is wha
Lets get you up to speed. We got the jobs data finally the key metric that was going to tell us where the u. S. Economy was at. This is the very latest. 178,000 gain. Lets pull up the chart on the bloomberg and get a better sense of where we are. 178,000. The market was looking for 180 thousand gain, slightly lower than the market had expected. Also the unemployment rate, nineyear low. Thats the bottom half of that chart. It was not all positive p review are looking at comments from the morgan chase, saying labor market is healthy, perhaps at or beyond capacity. For bank ofnomists America Merrill lynch saying that the hourly wage declining among the unusual quirks and all of this data. This will tell us more about where the fed is going to go beyond december because december is pretty much baked in if you look at the probabilities. How the u. S. Markets closed. Mixed picture across the board. The dow jones down a 10th of 1 , 1 . Nasdaq up a 10th of a lot of this political anxiety, one
Shenzhen link opens today. Gone . Is pokemon its rival leaving pokemon in the dust. Rishaad the currency markets, that referendum, italians voting no to thengly, 59 , constitutional changes. Haidi we were expecting a tighter race, but a decisive outcome came in quickly. Take a look at my bloomberg. This shows the plunge in the euro to lows we have not seen since march 2015. This poses a lot of questions in terms of regional stability, italys banks. Haidi that is one of the biggest concerns, eight thanks perhaps in danger, facing problems with balance sheets, haidi failing stress tests as well. Thats right. Not seeing Much Movement when it comes to dollaryen. Where is the safe haven demand . Rishaad gold. Anyway, the open in singapore, taiwan, and kuala lumpur coming online. It up, the to set demand for havens, coming down to the fact how the market was position coming into this week. The governor of the central bank scheduled to speak. That being said, money coming into u. S. Bonds, th
Its territorial ambitions and the yuan. I am angie lau in hong kong. It is just past noon. Welcome to blommberg markets middle east. It is about that risk event we were waiting for yesterday. The verdict is in. To impact your markets over there as well as in asia. Yousef it is sending shockwaves around the world. 64 is the magic number in terms of opponents of Matteo Renzis referendum, the margin they beat him by. This is the chart that shows you the downside. Take a look at that downside pop. That is the Downside Pressure the euro is currently facing, a 20 month low. Economist says that could test the low of 104. 58 in 2015. He does not think it will hit parity. How will the equity markets respond to this when they come online later today . What you watching angie . It haswe know how impacted the markets in asia. I when he give you a quick check of the state of play. Mumbai trading for 20 minutes, and heres what it looks like right now. Lets take a look. In fact, we are seeing asian s