Daybreak europe. Some on the Federal Reserve have repeatedly warned about the appreciating value of the dollar. What has that done to the markets . The dollar is lower against the d10 currencies. Back, and we would go this is what we got. This is the dollar position. At the start of 2016. The market data suggest we are long, but we are no word near as long on this dollar run as at the start of 2015. , dont forgetions the 181. If you go by that theory, there is still the propensity for this dollar to move in syncopation with where the cash price is. About theeed to talk currency market, the dollar being one of the big stories. The yuan being another. Lets talk a bit more about the dollar to emphasize the weakness weve seen overnight. Cutting the bullish positions overnight. Its not normal and one. Vernight trading session the fed grappling with uncertainties about what the trump policy will mean for the u. S. Economy and the stress in the dollar as you mentioned. 35 , youve got to pay 3
Deutsche bank is said to be considering funding private equity firms to buy distressed loans. How will the u. S. Authorities react . Lets talk about the markets. Im going to do gmm first. A quick look at what is happening around the world. Japanese yen, big move. Trading 116. 01. We are seeing a weaker dollar. The bloomberg dollar index down 0. 6 . The danish krone is moving. The euro is up 0. 5 against the dollar. The dollar, despite fed fears, is actually going down. Take a look at the Commodity Markets as well. Theres a big china story. Zinc on the move today. You are also seeing copper on the move as well. Familiar to the beginning of last year. Lunar new year is coming up very shortly. The markets on the move. Heres the bloomberg first word news with juliette saly. Juliette thank you. Donald trump has picked a wall street insider to the his top regulator despite railing against the industry on the campaign trail. Clayton toinate jay head the sec. Clayton has represented Financial
Jamie trying to have a transition period. Wes whole transition period, have the ability, time to move people, build systems, acquire real estate varied its not up to us. The british people will decide and negotiate with the eu. We simply have to accommodate the laws of the land, prison and the eu, and that will determine how many jobs and how many people and how many things have to move right before thousand was an estimate in time. Move. 4000 was an estimate in time. When she started she made it clear that she is higher enticing immigration over the Single Market and doesnt want to give a special deal for financial services. You are a global bank. You hire a lot of nontraditional tumor there. Generally britain is heading in the wrong direction for jpmorgan and other banks. Jamie london is a fabulous financial center. We have huge skills to recruit the people of europe. N they change the rules yes, it will reduce jobs there. The brits will decide how they want to compete around the wor
Will be ok. It is 8 00 in the arab emirates. I 5 00 in london. Shery i am shery ahn in hong kong, where it is midday. Welcome to Bloomberg Markets middle east. You are seeing them reacting to a stronger u. S. Dollar, rising for a second consecutive session. People listened to john yellen, because people are reacting to that. This extends to gradually reduce the level of Monetary Policy support. Changes in Monetary Policy take time to work their way into the economy. Waiting too long to begin moving to the neutral rate could risk a nasty surprise down the road, because too much inflation, financial instability, or both. Shery the rate hikes is on schedule. This may increase over 40 now. Yousef this is about pricing pressures, and the fed pointing out some a district where there was an increase in inflation. Interesting for those smaller wall street bonuses, the rising costs of living in new york city will play a bigger role. This tells a little story of the fed. This is a chart can pull
The anticipation, reaching a fever pitch. The stars of the halftime show trying to get in the spirit. We definitely are beautiful, okay . America gets ready for some football today, friday, february 5th, 2016. Announcer from nbc news, this is today with matt lauer and savannah guthrie, live from studio 1a in rockefeller plaza. Good morning, everyone. Welcome to today on a friday morning. Yesterday morning, we were standing out there with no coats. It was warm. Nice. Al roker said, change was coming. Thats right. If this were a football play, take the snap and hand the ball to al. Thanks so much, guys. We told you, if the system makes its way a little closer, in snow along the eastern seaboard. Ports portsmouth, new york city, we have snow. Portland to washington, d. C. , even raleigh, looking at snow. As this system develops, itll be pushing in a lot of heavy, wet snow. Power lines could come down. Tree branchs coming down. 41 Million People under some winter storm warning or advisory.