Some breaking news hitting the bloomberg right now. Is going Michael Flynn to be resigning as the National Security advisor. Again, we had already known that Michael Flynns future was in question after a warning from is justice arm, and now he said to resign as the trump National Security adviser, so once again the Trump Administration dead center, and that will play into the trade and the next hour and the days to come. Shery definitely. Cautious ahead of Janet Yellens testimony in congress this evening, so all of that playing into markets right now. , ak at my function, gmm mixed picture, the nikkei down. 7 . We are seeing the dollar index paring back those gains that we saw in the previous session, so other currencies in asia gaining up. Nd, south korean won in the commodity sphere, copper surging again, supply disruptions, up. 8 , and bonds in asia following treasuries lower after yields rose for three consecutive sessions. All of this of course going to filter in the markets as we
Are joined by the deputy chief Investment Officer at credit suisse. We will talk about the markets, valuations, and everything in between. Later, we speak to the former bank of england governor, parenting, about this important vote in the house of lords. We will ask his blueprint for brexit. For we do all of that, this is a picture for the market. Your data. O a little bit of flatness when it comes to stocks in europe. The pound is probably the one that has seen the most fluctuation today. We have disappointing data out of the u. K. We had strong numbers in terms of retail sales. Over the last five or six trading days, there was a little bit of concern in terms of services and construction data. 0. 8670, and the vix index could be flat. First, here is nejra cehic. Itra the u. S. Has announced has unloaded missile launchers in south korea to start deployment of a Missile Defense system on the peninsula. Koreave came after north fired missiles into the senior japan on monday. That prompt
The decision marks a longterm fix to overcome the discovery of high lead levels in the citys water system. Under that deal, flint would be responsible for replacing lead and galvanized steel lines that bring water into homes. The cost could be as high as 97 billion with federal and state governments roughly splitting the bill. The British Government is standing by its initial statement that now is not the time for a scottish referendum. The may administration repeated they will be no negotiations on the matter and the focus now is on brexit talks with the European Union. Scottish lawmakers voted today on a new referendum on independence to be held within the next two years. The Scottish Parliament voted 6950 92 back the first 6959 two back the call to back to the call. This is bloomberg. Minutes from the close of trading in the u. S. Scarlet stocks are as financial shares rebound. Joe but the question is whatd you miss . Scarlet the sector would have the most to lose as the white house
Good morning. This is bloomberg surveillance. I am Francine Lacqua in london. Show, we on todays speak to the head of g10 fx strategy at Merrill Lynch international, and the ceo and coast cio at shen of our financial group. At a financial group. Function and a message will come to me. It is monday morning, 9 00 in london. We are seeing a little bit of volatility, but nothing huge. Oil gaining. One i would like to keep an eye kospifter the costly slid this has to do with geopolitical concern lingering in korea. Weis extremely important keep an eye on what happens at the g7, where Foreign Ministers are showing up, and Rex Tillerson on wednesday heads to russia. It seems the world may be a little more uncertain than it was seven days ago. Lets get straight to the bloomberg first word news. Nejra barclays said its board will issue a formal written reprimand and make mythic and cuts to the ceos pay after he tried to identify a whistleblower in 2016. They say he made an error in not applying
Fda notedter the Incomplete Records during an and action on the plans earlier this month in a note seen by omberg says failure to investigate masses that thats is that did not meet specifications. Global news 24 hours a day powered by more than 2600 journalists and analysts in more than 120 countries. Bloomberg. Ching hong kong and china closed for lunch. Barely moved. Bouncedte back back into positive territory after being in the red. I will be back in half an hour. Ousef welcome to the best of Bloomberg Markets president erdogan with sweeping new powers in a referendum area we spoke to the deputy Prime Minister and has its worries for the lyra. Rex tillerson warned it could be another north korea if its Nuclear Ambitions are left unchecked. Capitalhear from our and see why als are being good. Weekendls best rally is due to a surging u. S. Production. Asking opecs chief model for the take on the situation. In the 2016. [indiscernible] q2 withto q1 and traditionally more the resurgence