Market is positive by 0. 2 percent on the s p 500. Hours away from chairman powell and the News Conference. Tom it is a different it is changed outlook to the press conference that it was 48 hours boko ago. Jon it is not seven, it is six. It is not seven. The bad news, it is 6 inflation in the u. K. Lisa this is a positive but how much of a positive. The key distinction is the core measure came in much more than expected so stripping out food and energy, how much will we be talking about the difference between core and what you feel when you go to the store . Tom we are there when we are slicing and dicey like David Rosenberg. What you do with inflation and disinflation but the Central Banks torah centralbank story with me jon the highs going into this bad decision, crude we are right their own crude so the headline versus core conversation, how do they navigate that in the News Conference . Lisa at a certain point, oil feeds into that, the question is how much is this driven by demand
presidents have been saying over the last couple of days, most recently dallas fed president robert kaplan. semiannualhe monetary policy released today. anything that doesn t come up will be addressed next week in jay powell s testimony on capitol hill tuesday and wednesday. just some of the headlines, the coronavirus may lead to disruption spilling into the global economy. foreign political and economic develop and pose a risk to the united states. the global slowdown in trade and manufacturing is nearing an end. i think those are the three major headlines from this semiannual report. let s check u.s. markets now because they have been dominated by the nonfarm heroes report today, and maybe some earnings nonfarm payroll report today, and maybe some earnings. the s&p 500 is down 0.4%. the dow is down 0.75% right now. there s only four components in the dow higher. itself is the worst performer. , 98.53ger dollar today for the dollar index today. the 10 year yield is 1.58%.
Anna good morning everybody. This is Bloomberg Markets european open. Are not going very far or fast on asian equities or the pound but we are on the eight Australian Dollar. A big week for attacks on the United States and that is infiltrated in an attitude toward stocks globally. We saw Global Equity markets touching new alltime heinz. We do seem to be getting more policy in the u. S. Features. We have seen equities moving up little bit. Tech stocks are very much do sure over in the United States. On the pound, we are little to weaker. Down almost. 1 . Given the challenges that ,heresa may faced yesterday its perhaps quite impressive, the pound pretty much holding. They are still confident some sort of result can be reached in times for that had to state meeting. The brazilian the Australian Dollar up by. 60 . It led the investment kick unity to suspect higher interesting suspect higher Interest Rates. Manus the markets are hopeful. Therisk reversals there, possibility for a deal is s
Manus europe rallied. You are welcome. It is surveillance and i am manus cranny. Rallied. Ment, europe where up on the stoxx 600. It was text and telecoms that to the heavy lifting, nothing compared to your performance in asia. Record highs in asia. You are looking at levels that you havent seen since the 1990s in japan. Technology up 50 in asia. Europe, you are seeing this growth story. It is absolutely intact. The next question are you, European Equity markets, can you sustain the growth gains that we have had the euro at around 120 . Could the euro valuation unseat the story we see here . Week,llar index, what a what a year. This is the first yearly loss since 2012 for the dollar. You are seeing another push low. You get a 3 growth rate, you get a tax reform deal, you get three hikes from the Federal Reserve and still the dollar is lower. 2 lower from here at end of 2018. The most bearish view is the dollar will be down by another 5. 5 , not everybody is so pessimistic. On the upsid
Be most closely watched. What will the figure mean for the fed . Index move because it was pentup stability for 18 months . Good morning, everyone and welcome to bloomberg surveillance. That. Im Francine Lacqua in zurich. The this the we will have plenty more. First, lets get straight to anna edwards. Good morning, anna. Oskipping back in the equity you have markets for us. Francine. Morning, Market Reaction 2016 after the first rate hike in december Italian Economic growth, that we 2015 and the fed skipped in need to get to because we have march and they also took a rate the Italian Economy growing at 0. 3 in the fourth quarter, which is below the estimate of move out of the forecast as 0. 4 . Well, so really, they signaled year on year we get a growth they were reacting strongly to rate of 1. 6 . The markets. Again, a little bit shy of the estimate. So, the Italian Economic growth story is slowing ahead of the election, which could be an to assimilate good news slowly and interesting