In bangkok. He tells bloomberg exclusively the two countries can broker a phase one deal this month. Ross we are making Good Progress and there is no natural reason why it couldnt be. Matt saudi aramco finally launches its blockbuster ipo but it could be worth half 1 trillion less in the target initially set. Its ceo itsires seat fires it ceo over a relationship with an employee. Welcome to bloomberg markets. We are looking at continued gains in futures this morning after hitting again alltime highs, at least on alltime equity indexes over the weekend. The 10 year yield, we see it coming up a little bit. This is a three year chart. Straight line because japan is closed for a holiday. Other markets in asia are up and now that u. S. Treasuries are open, we see the yield as well. That means investors are willing to get rid of the perceived safe haven asset of the 10 year paper and into the riskier areas of the markets. Futures gaining across the board. Ftse futures of a half a percent. Da
Gold isset classes, definitely a risk being taken off the table. Gold as the month and it had its fifth month of gains this year out of six. Gold may be down a fraction at the moment but we seen quite a rise, 1. 7 up in the last three days. Yen,. Strengthening. Lurchingar index lower, the 10 year yield unmoved by the price action and the price of money as it goes down. Without further ado, lets look at this listing. Esr making its debut in hong kong after raising 1. 6 billion. Exchange to the stock were sophie is standing by with someone important from the company. Ie jeff pearlman, the chairman of esr came in. Certainly a day to celebrate. Shares popping more than 5 . Esr group from a 2016 merger to become two of asias Fastest Growing warehouse providers. That was japans redwood group. Pretty much a fast growing story toward todays ipo. Lets get more on the story of esr. Congratulations. Shares popping at the start of trading. Why after the delay in june . Thanks for having me. End up
These are your markets we are getting some data. Manufacturing pmi coming in better than expected. Little bit ofa optimism when it comes to the stoxx series the stoxx 600. Treasuries falling with the bonds. U. S. Looking daughters holding dollars holding pretty steady. Coming up tomorrow we speak to the Goldman Sachs chief executive, david solomon. Meantime we will speak about euro markets. As get to the bloomberg first word news in new york city. Viviana Prime Minister Boris Johnson has apologized for failing to deliver brexit by the deadline. Speaking to sky news he took responsibility for the failure but blamed parliament for refusing to back his timetable. One concern for his riot one concern for ryanairs ceo is the upcoming election may not decide a thing. My fear is this election would result in more delay. That could be good in that it means it means the transition to continue on ad infinitum. The economy needs to see in into this uncertainty. Viviana over to hong kong where 200
We dont see the clear offering offramp in terms of how either party is going to get to a point of having successful discussions to resolve it. Nejra and following dorian. The deadly hurricane continues to strike the bahamas, but the winds weaken. Its movements we are tracking its movements. Matt good morning from the german capital of berlin. All eyes are focused on westminster today. You are down there on the green with the cast of important actors in the brexit drama that is set to unfold over the next 58 days. Yeah, absolutely. What drama it is. This is a critical week that could see the u. K. Had for its third election in 4 u. K. Head for its third election in four years. Many members of Boris Johnsons own party are putting a bill forward to try to delay the, deadline to extend the brexit deadline to avoid a no deal brexit. If Boris Johnson does not manage to agree a deal with the eu, the Parliament Approves or does not manage to get no deal approved by parliament, then that extens
Day of positive territory, but have subsequently rolled over. That happened mid morning, and now we are moving along the bottom. Volumes ok, not great. The stoxx 600 is down by 1 10 of 1 . Banks and airlines are down. The hong kong story front and center. That seems to be the pivotal factor for european and asian markets as people fear what could happen in hong kong. The italian 10 year yield got a little bit of a respite friday. We still have the political story rumbling along. As a result of which, yields are rising, so prices are under a little bit of pressure. Keep an eye on the politics. British pound traded near 1. 21 earlier on. Couldnt quite make it. Vonnie we are following that mounting turmoil in hong kong. Authorities canceling flights after violent protests. Announcing they are working to reschedule flights from six clock a. M. Local time from 6 00 a. M. Local time. Man. Fore us now is yvonne give us a picture. There is still a lively bunch now, but it has gone down from th