This week alone up 33 basis points. Tom this week alone, history made. I think you will see over the weekend, how do we go back. Maybe we go back to 1870. The summation of four weeks of moving his history making. Jonathan need to look at the curve as well how things involved evolved. Lisa that to me is what i looked at, the fact that it moved to the opposite direction of what people thought. The long and would move down to the front and the front and would move down to the long end and you would get a flat or lower curve. Yesterday fed jay powell said it does not seem to be inflation, it is something else. It doesnt seem like we are overly restrictive. There seems to be a fear in his not only in their control. That is sort of a people are pricing into the market but still theres a chance of another rate hike. I do not know whether that matters. You saw the yields go higher after that speech. Jonathan policy is not too tight. Tom yeah, it is getting restrictive. We look at the numbers 2
As you know is the humza yousaf position about bringing them in. Well all, it also well have them all, but it also is the government is attacking the government quite viciously. Hes an interesting chris. He interesting man, chris. He rode a kilimanjaro and a motorbike up kilimanjaro and came again. A motorbike up kilimanjaro and came again. But a motorbike up kilimanjaro and came again. But theres came back again. But theres also find some relevance in that i but just you butjust you know, i mean, most most mps are sort of fairly anodyne cookie cutter figures. You know, we all tend to be sort of fairly basic and fairly dull. Chris law aint any of those things. However rebecca long bailey if you remember who those things. However rebecca longcorbyns if you remember who those things. However rebecca longcorbyns chosen member who those things. However rebecca longcorbyns chosen successor, ho was corbyns chosen successor, shes actually got a question , shes actually got a question, so that
Hunt may be over as conquest says it is no longer in the running. We are on bitcoinwatch j two. Day two. This shows the volume and price action that we saw. 3818. Prices were quite volatile. Volume was highest right at the open. If in doubt as we headed toward u. S. Trading hours. That was further evidenced among bitcoin critics. Demand thate retail is fueling what we have seen. Guest, stephent roach joining us from Yale University. He is calling it a speculative bubble. It is just the first day. Things could get more normalized. Girl lets also betty lets show you the u. S. Market. Nasdaq, the dow, and the all in the green. This is a solid recovery. Investors were much more bullish on some of these sane stocks in tech shares. An unwind of this reversal that we saw a couple weeks ago. We are seeing a mixed session here so far. Were looking at new zealand and australia. The kiwi Still Holding onto solid gains. The Deputy Governor was named the next central bank chief. Seen as a less radi
The German Economy boosting 2. 2 . 2. 3 for 2017 , but it came in at 2. 2 . An impact on your dollar, one. 1939 1. 1939. We had a little volatility over the last couple days. Markets we are hoping will grow worldwide, and tend to focus on earnings. Today, we will talk a lot about that. Of 48le bit of zigzagging hours. Yield at 2. 54. Coming up on bloomberg surveillance. , talking with a leader from armstrong, and another guest bolus act oldish expectations. Ceo frank del rio. Lets get straight to bloomberg first word news. Heres nejra cehic. A reportina has claiming officials are reviewing the countrys Foreign Exchange holdings, recommending selling or holding purchases of the u. S. Treasury, might have quoted a wrong source. The state administration of Foreign Exchange said we think a report might have had wrong sources or may have fake news. There was a report that it wasnt clear whether the recommendation was adopted. U. S. President donald trump has agreed that america and north ko
Beijing may finally be winning its war on smog. Plenty more on those stories over the next couple of hours. Calendar today is trade numbers out of china for the month of december appeared rounding out has been a year of significant recovery when it comes to chinese exports in particular. 5643. After the declines over the past couple of years we do see two years of decline followed by that recovery. We are looking at december, a 10 year on year rise when it comes to exports coming in dollar terms. Thats a little moderation from novembers 12. 3 rise. Imports looking to pick up significantly. The brighter spots in that. Continuing to paint a picture of synchronized global recovery. Such a stronghad base to come off of in 2017 we might be struggling to hit doubledigit numbers in 2018 for exports. Certainly there is also the cloud of trade tensions between the u. S. And china lurking ever in the background. We are 30 minutes away from the opening china and hong kong. Sophie, we were thinkin