Well talk about banks and glencore. And the deputy leader of Angela Merkels party. If you have any questions for any of them, you can send them to us by the ib function. Use tv go function and click on ib show functions. Be sure to do that. First of all, this is what the data is telling us. Stocks are dropping on the final day of a good quarter. This is the picture overall for global stocks. It is what i would call a blockbuster quarter. Investors seeing little reason to take shares higher amid a little bit of political and economic uncertainty. We are expecting a News Conference from the finance minister of south africa. I want to show you rand. 1346. 29. The vix index a touch side. Astian south koreas former President Park has been arrested on bribery charges three weeks after she was ousted. A Court Granted the warrant citing concern that park could destroy evidence. Park has denied wrongdoing. U. S. National security adviser Michael Flynn is willing to be interviewed inquiring into
President elect donald trump begins a new political era with a visit to the white house. Ast comes a little later on the republican meets with president obama to discuss the transition. Washington, wall street, and investors watch. Republicans moved to claim a mandate for their agenda of deregulating the Financial Sector and replacing obamacare. As we break down the promises and policies of the Trump Presidency, my guests are Sharon Ohalloran, jim rickards, author of a forthcoming book, one of the few guests that actually called the election, and International Reaction from Michael Fuchs a little later on for what this election means for business as we bring you more interviews. All that is coming up. First lets get straight to the bloomberg first word news. Heres nejra cehic. Nejra in the u. S. , thousands of demonstrators took to the streets overnight to protest Donald Trumps election as president. Demonstrations and vigils have taken place in urban areas as well as smaller cities. T
Becomes the first world leader to meet u. S. President elect donald trump since his election win. Back in japan the boj fires a warning shot at the bond market, announcing its first offer to buy an unlimited amount of securities to maintain its yield curve target. We also look to a Rate Decision from a country whose currency has been battered by trumps election. Will mexico hike rates . Anddoes president obama Germanys Angela Merkel meet for farewell talks, what will trumps policy mean for europe . Plus, trump versus trump. How Donald Trumps business interest could see the president elect face more conflicts of interest than any other administration in u. S. History. First lets get the bloomberg first word news. Heres nejra cehic. Nejra a key member of donald says the Incoming Administration is exploring ways to fund fixing roads and bridges , including an option proposed by hillary clinton. Steve talked to the socalled infrastructure bank, something trumps team had slated as being con
There is a lot of uncertainty. Uncertainty is the enemy. Shery does big pharma have a prescription for brexit side effects . It is all straight ahead on bloomberg best. Shery hello, and welcome. I am shery ahn. This is bloomberg best, your weekly review of the most important business reviews, analysis, and interviews from Bloomberg Television around the world. This week has been all about digesting last thursdays u. K. Vote to leave the European Union. On monday, the market moved in uncertainty, and nowhere else were things more uncertain than in britain, with the leadership was thrown into chaos. Nejra it is interesting what the next step will be, because logically the next step would be for the u. K. To trigger article 50 and actually start those negotiations on leaving the eu. Actually, other governments in europe are not expecting David Cameron to do that when he needs other eu leaders on a meeting on tuesday. What they will want is some kind of plan for what happens next. John the
Corporate tax rate. It is an effort to keep businesses investing. Osborne said he expects the results of the Eu Referendum and want to mitigate the Economic Impact of brexit. C and China Investment securities are in talks of a possible merger. The firms have around 20 billion of assets. Has declined to comment. There is no response from cis. Global news 24 hours a day, lets take a check in on the markets, starting with european stocks. We can see how they are performing. Of steam. St a bit i want to get the ftse 100 up. It is close to entering able market. It is up 19 from a february low. Commodity producers are the best performers on the stoxx 600. Heading lower. Italian banks in particular being driven down to record lows amid concerns they will be under pressure to raise capital. Take a look at what is happening in commodity markets. Forer topped 21 an ounce the first time in two years. Gold is rising. Seeing Brent Holding above 50 a barrel. Anding an eye on sterling dollar yen. See