Getting a sense of where the chinese economy is heading, december pmi from the private side ties shin. This is the third couple of days we have had the numbers that of the official stat bureau. 9574 on the bloomberg terminal. You can see where we have come from the dark days of 2008 when everything fell off a cliff. 51. 6. I here, that number came in and the other day. 50. 8 whiching at reflects what is going on with the small and mediumsized enterprises. Showing we have growth and it is steady as you go for the time being. Untilutes ago to go trading in hong kong and 45 minutes until the thai shin numbers came out. A late opening today because of a big ceremony going on in the korean stock exchange. Fort of news to digest those market participants. Good morning. As seoul gets back online, quite a bit for markets to consider. Kim jonguns new years eve address. We have the latest data points for south koreas showing exports rose to a 60 year high. We are seeing it gaining about one thir
When you listen to the president thus far, is there equal emphasis on National Security and Economic Issues . You are hearing a little more about trade and Economic Issues that behind the scenes, im sure the real focus is on north korea. Its just crucial in this trip that the president shows all these leaders that america really has the back of japan and south korea. It at least gets them to the point where they believe we have resolved. That will be crucial in the next few months. Does the president really have the back of south korea . He had friction with the presence of how big a challenge will it be to portray his message there . It will be a big challenge. Go back to something Lindsey Graham said in august. Trump had assured him that if theres going to be a war and casualties, they will be in south korea and not the u. S. Thats not what he wants the asian leaders to believe. He wants the asian leaders to believe that he really does have their back. Signals,ding private dont worry
Row. Thats how the picture looks now. Crude oil is back in positive territory. The dow is flat and trying to come back as crude oil has moved into the green but its a mostly flat line story at noon eastern time. So steve, give us your view on where we have been the last three days. You had this great run. Going for the fourth. Can it continue . Does it have legs . Is it something to believe in . And if not, why . I think we got way oversold. Id be hard pressed to think of one investor that does this for a living that wasnt at maximum bearishness and as i point out in december and again january, hedgefunds have taken their nets and their gross down to levels that you hadnt seen in years. So set up is the question of who had the guts to do it. So talking to a couple on the side of the investment banks, massive Short Covering the last two days in particular and yesterday more so than the day before. Now i think we were very oversold. I dont think were going into overpauthme overbought. At
Hesston say the gunman firstmani carjacked someone, then as somnn they started a shooting spreeote leaving behind as many as fives crime scenes. Crsc his ultimate target the place t where he worked, a company that makes lawnmower parts. Er now, inside that building heuild slot a total of 15 people killing three of. They a responding officer shotes and killed the suspect who waspo armed with an assault style rifle. Your husband doing becausean you were able to talk to him. D. Yeah, i was able to talk toak him. He said hes okay. S o he did say somebody next to him got shot. Oh, my god. G oh, my god. G this morning 10 of the t injured remain in critical condition. Sparks fly at the gop debate the final one before super tuesday. Insuper tuesday. A brawl from the start asl from marco rubio and ted cruz went c after donald trump. Mp but it was rubio who had thead most heated exchanges with wh trump. Here are the two candidates onn immigration an if he builds the wall the t way he builds trum
Nearly at session lows. , this is the lowest we have seen since november of 2003. A fresh low. Confined to the United States. It is spreading around the world, from europe to asia. Lets take a look at european stocks. You can see that from april 1 two now, they europe stoxx 600 from april 1 until now, the europe stoxx 600 is down. Dragona, it is exit the and enter the bear. Take a look at the shanghai composite. It is now at the 2900 mark, down about 13 . U. S. Majors year to date, all down. And the nasdaq is down by 10 . Really, a sea of red. David thank you. This is Bloomberg Markets from bloomberg World Headquarters, continuing to cover the markets throughout the hour. Mark crumpton has the bloomberg first word. Russias military is operating in syria without a time limit according to a deal agreed to in august and published yesterday. It says russia bears no responsibility for any damage its forces cause. Russian planes have flown more than 5000 missions against antigovernment rebel