And then attack. That, as fighting in the countrys civil war intensifies. Police in malta arrested 10 people in connection to the murder of a journalist. She reported on corruption on the island when she was killed in a car bombing back in october. Germany still without a government, but it could be closer than ever to a new one. They are looking to have talks with the conservatives. The question remaining, can they convinced the party to accept another grand coalition. Im brent goff. It is good to have you with us. One step forward, two steps back. We are talking about the brexit dance we are familiar with. There were hopes of a breakthrough in brussels today, which were scuttled at the last minute. That, despite reports theresa may had thrashed out a deal with ireland over the border dispute with britain. She has a week if she wants to unlock trade talks with brussels by next year. The handshakes were maybe a little premature. Teh e. U. And britain saying they are close to reaching a
Good morning a warm welcome to Worldwide Exchange here on cnbc im wilfred frost. Lets get straight to the market picture. We did see yesterday the s p flat, the dow down about 0. 15 the nasdaq was up, 0. 2 . Theres been some concerns of a selloff. Weak to date were only down half of a percent for the dow and s p. The nasdaq is down a full percent. Its not that bad given the great runs of late this morning bouncing back, nearly 40 points higher for the dow. The s p up 5 points. The nasdaq up 25 points or so. Lets look at europe it was down yesterday, but not too badly. Having sold off more meaningfully at the start of the week germany up a half percent. About a quarter of a percent of gains for the uk and france. Asia in the eye of the storm yesterday with quite significant declines lets get more on the markets in asia from Nancy Hungerford she joins us from singapore. Hey, nancy thats right. A different story here for asian equities lets start with the comeback story, the nikkei 225, h
Open with a quote from Frederick Hayek the source of all monetary evil is the government monopoly on the issue and control of money. Is there an alternative to the government controlling money . Quick there sure is. Gold is the most obvious alternative because money is a measure. It has to measure value and it can be a part of what it measures and if they treated as atreat it asan economic bond toe entrepreneurs about the meaning of the crucial price signals that govern all of their opportunities, then you have the kind of stagnation we are experiencing today, and its a worldwide stagnation which means its not simply the policy of the united states, capitalism around the world and be systemic affliction is the meaning of money, so this grows old valuation into question because its like we float money today and International Exchange trading today, trading currency back and forth is 73 times bigger than all of the trade in goods and services put together. Its 25 times bigger than all of
Bloomberg surveillance. U. S. Yields jumping to the highes level in three years. I looking at crude. The monthly report just coming out now. The report sees explosive growth in u. S. Oil output as prices rally. There is not that much of an impact for the moment on wti. Maybe traders are trying to see what that means for the markets. Coming up right here on bloomberg surveillance, we talked to an activist investor, one of europes largest equity funds later this hour. We will speak with gina miler about all things brexit and nigel wilson joins us to give us his take on where to find the best returns in 2018. Lets get straight to the bloomberg first word news with nejra cehic reporter Germanys Social Democratic Party is looking for other ways to sweeten its stint in angela merkel. Delegates bothdp this sunday on a proposal by Party Leaders to stop formal Coalition Talks with the chancellor. Vote,s predict a tight while young Party Activists lead a campaign to shun policy cover moses. Shun
But in the wake of the Harvey Weinstein revelations, the dinner seems like a piece of the worst of the 1980s or 50s even crashing into the modern era. Is this the night that unreconstructed attitudes in the city and at the top level of business are exposed . Our business editor, helen thomas, reports. A 5 star london location. The guest list scattered with big names and big wallets. And innocuous billing, the president s club charity dinner. This was a Charity Auction like no other. Last week, according to the financial times, 360 men from British Business, politics and finance came to a black tie event here. 360 men but no women except they were joined by 130 hostesses. Young women, reportedly chosen for their looks, who are given short, tight dresses to wear. The women, who were paid £150, were paraded in and distributed around the table. Later in the evening, the paper says, hostesses according to the charitable trusts last set of accounts for 2016, ll; flllillll xl l 2 22; and it