Dani katie welcome to Bloomberg Markets. You look at markets at the moment and you can see there some green on the screen a high me. You can see the s p 500 currently up by about 3 10 of a percent. You look at big tech right now the nasdaq 100 even higher paid 4 10 of a percent. Small moves overall. A change in direction after a pretty rocky start. Taking a look at the Philadelphia Semiconductor index you can see that sleeving games right now. Lets get right to one of the big stories today and that is peloton. The Fitness Company announcing its ceo is stepping down after two years. Its also cutting 15 of staff as part of its restructuring efforts and among Bloomberg Technology joins us with more details and i hate to say this was a surprise what was your reaction . Ed the Market Action is a big surprise. We were climbing steady, session highs 18 . Took the resistance off. Speed and power now we are at a flat road. Completely flat on the stock. It is astonishing trading and the markets
To that 155 mark. The lookout for any Government Action to support local currency. Given the b oj is expected to stay on hold later this week versus a still hawkish fed, likely to stay week for now. Thats the state of play for japan coming online. Yesterday we did see that kospi rebound. Today a little firmer as well. A full week slump. The focus turning to earnings, sk hyneks is one of the key to watch. Ppi raising 1. 6 on the year. Broadly the take away from that is domestic inflationary pressures are calling on south korea. The Economics Team is saying unless we see a further rise in oil prices, weakening domestic price would keep cpi inflation numbers. Paul we just open for trade here in australia as well, we have a bit of a staggered open of course. That notwithstanding, we are better about one third of 1 right now. The aussie dollar showing a little more strength. Now 64. 5 cents u. S. Crude is interesting to watch as well. We started off the day with brent exactly at 87. This is
That, too bad. They are not too. They are not interested in Oil Prices Going too low. We are looking for opportunities to diversify our operation with iran and will continue to do so. We have had success and some failures. We are cultivating and machinery construction, etc. , besides the oil and gas sector, but the contract you mentioned, we wanted to implement it. You are incorrect when you say no one is responsible, the minister for energy has had multiple visits to iran and invited partners here. It was a difficult process to look for a compromise and solution and a solution has been found. The calculation is very difficult there. There is a whole range of problems but on the whole we have solved it. It needs will from both sides. The contracts need to be beneficial for everyone because not the government will be selling the iran oil. The companies will do that. We have to make the contracts beneficial for them. We are interested in it even do what is difficult and will continue to
People that will not be brought to trial or be cleared for release. The European Union will keep monitoring the situation and keep raising the human rights related aspect of the fight against terrorism with the United States. Thank you. Commissioner, thank you very much. We will now hear from the speakers on behalf of political groups. But first i want take the floor for two minutes, monica but first, to take the form for two minutes, monica. President , commissioner. I will like to welcome the Council Presidency and colleagues. Report, which was published by the Senate Committee from the United States, is a terribly shocking report. The u. S. President said that it showed shocking behavior from the cia, and the images of the u. S. Worldwide was tarnished, and i can only agree with that statement. The core issue here is how can we support ideals if we come on them at the same time apple on them at the same time trample on them at the same time. From my viewpoint, i can only say that no
[captions Copyright National cable satellite corp. 2014] [captioning performed by the national captioning institute, which is responsible for its caption content and accuracy. Visit ncicap. Org] at 1 30, the year and News Conference from president obama just before the president departs with his family for hawaii. We will have live coverage of the briefing. Ahead to today posners conference, wondering about questions. Why didnt the president and that going to ferguson . What is the president s biggest accomplishment in 2014 . How will the navigate the relationship on capitol hill now that republicans have taken control . They ask about the new cuba policy. About north korea, was north korea responsible for the cyber attack against Sony Pictures and should the studio have pulled the interview from theater . Ontalk more about that washington journal. Authors of this story is Devlin Barrett of the wall street journal. Mister barrett, how close is the u. S. White house to naming korea gove