Planning to withhold billions in payments if that you does not play ball on trade. Itare waiting for the latest is bce earnings under the outgoing ceo. We will bring you the numbers and analysis, this hour. Ael signs a gas as port export deal with egypt. It is 8 00 a. M. Across the emirates and 4 00 a. M. In london. I am yousef gamal eldin in dubai. China has yet to come back online, but again, asian equities taking their cues from what was a slightly weaker lets run you through the Key Highlights in these markets. Gmm is the key function on your bloomberg. Linesleins being de being led by the japanese nikkei. Profittaking hitting electronics and automakers specifically and weakness coming through here. The philippines and south korea. Were looking at a backdrop here of a slightly stronger u. S. Dollar playing out in the Foreign Exchange column, the. 2 5 index short of higher. A bit of downward pressure on the norwegian krone. 1 at 62. 29 per barrel. Opecore comments from the secretary
Money from the International Islamic bonds specifically. South africas controversial president survives attempt to drive him out of office but remains under pressure. The majority of the African National conference wants zoom out. The growing tensions in the gulf with saudi arabia continuing to attack qatar over its ties to iran. Bloombergs executive editor covered this escalating row. It came out of the blue a little bit. You may remember the three countries have withdrawn from qatar over some of this conflict over support of the broad support of the Muslim Brotherhood in egypt. Exploding is suddenly on the scene again after the ciampa visit, after this show of unity of american support for the saudi line on iran. Front, theyunited really want americans support. Now they have trump support on it. And they see qatar as not being in line with iran. This is all over some statements that would appear. That is being removed. How reliable is what they are saying right now . Thing, is the su
Its 8 00 a. M. Across the emirates, im jc humphrey into by. Angie im angie lau into by. Welcome to Bloomberg Markets middle east. There used to be a show in the u. S. , lets make a deal, deal or no deal. What is behind door number one when it comes to opec . Jc great question. All will be revealed tomorrow but it is all about oil this the major opec and nonopec players set to meet tomorrow. I want to revisit the current state of play for the oil markets. Purple and blue is where the current price of oil is at, and take a look at that white line are allalks in vienna. Round lowering that output we will talk more opec in just a moment. Angie for now, lets do a quick check of the state of play in the markets right now. Mumbai has been trading for almost 20 minutes, and we are seeing gains, although we are seeing a pullback when it comes to risk. We see it reflected in the hong thatand topix, thinking maybe today will not be lucky 13. In the middle east it is two hours away from the openin