Over 25 billion. Betty i think i even read somewhere that discounted at lobsters were for sale for singles day. Everything was on sale. It is going to be another we have had a whopper of the week last week, it will be another busy week. I want to point to one very key report that will be happening here in the u. S. , that is the cpi, the Inflation Report on wednesday. Right before that we have ppi. What traders are saying is this is the last Inflation Report before the fed makes its decision next month, so it comes in either too hot or too cold, that could have a Significant Impact on the fed and their decision. Lets take a quick look at this it is just a bloomberg chart i pulled up here, it shows specifically how the yield curve has been flattening out. We seem to be on this particular expected rate hike path. Futures are showing over an 80 chance we will see a rate hike next month. If wer, as i mentioned, see a really wacky Inflation Report, that could pull back expectations. Yvonne
A very dust anna a very warm welcome to bloomberg daybreak europe. This monday morning i am joined by matt miller here in frankfurt. A lot going on today after trumps world war i whirlwind tour in asia. Of course, that airbusboeing story. Anna were getting headlines. Oing through coming through the headline on the story around the fact that boeing seems to have beaten airbus on day one of this with the big deal. The emirates ceo saying emirates has the capacity. Could there be some upside to airbus on that story . Lets pause that conversation. Lets talk about the markets. One story i wanted to bring up is the pound. I have this chart here. The pound hasght been taking. Reports of tory rebels, a mini cabinet to. Cabinet coup. We have to wait until march until we get trade talks . A bill goes in front of parliament tomorrow. We have a host of data coming out of the u. K. It could be a busy week for those watching u. K. What else have you got in our risk radar . First off, the nikkei, a b
End . Matt it will be interesting to talk about that, only an 800 gain for bitcoin. Im going toy go speak with the ceo of ing and of, deutscheeo Deutsche Bank, and i will stay here to see how janet yellen get on with mario draghi of the ecb. Take a look at where futures are pointing this morning. As we see the pound down, weve had a game in u. K. Futures. Futures,ee cac ibex futures, also pointing to a strong gain. That has a lot to do with the currency moves, as always, guy. Guy what is happening with the pound is fascinating this morning. The market is getting antsy about theresa mays action. Down, but itng is interesting to see how much support there is, trending down 9 on gol. D up. Ssive rally take a look at the mliv. Its sitting right on the trend line. There was a lot of selling in the last 20 to 25 minutes of tradeing, and it is nice to see what kind of support there is. That is where we stand at the moment. As matt said, it looks like we will see a slightly longer open the mor
Today. They are all falling led by greece. Down by over 1 . European stocks falling for the fifth day. Worst run since may. Sterling is down. We will come to that with David Blanchflower. Finalcommodities is your three columns. A quick peek at the european economy. Its on track for its best year in a decade. Headed towards a golden period. Still, the recovery is lagging behind that of the u. K. And the u. S. Growth is nowhere near levels recorded at the start of the millennium. Unemployment in the periphery still exceeds 10 . This is from 2008. Thats the starting block. Real gdp. Lets get to brent crude. Hedge fund bets on rising brent crude prices hitting a record high. Continued tensions in the middle east sending prices to their highest level in two years. Raising their net long positions by two point 4 to a record. 543,069 contracts in the weekend of november the seventh. Long surging by 2 to an alltime high. Short tumbling 2 to the lowest level in more than a month. China. Nt to m
Rishaad asia stocks under pressure, but Global Equities are at record highs. Lets bring up chart 5892. Ly is all amid this extreme low volatility. It is the worlds best regional rally in turquoise. The 60 day volatility in the white line has dropped 5. 9 to the lowest since 1988. In line with u. S. And europe, and the vix markets hitting new lows. The calm, but no storm, at least for the time being. Pause. May be a muted at lofty highs when it comes to emerging markets in asia, japan in particular. I dont think you can blame investors for taking a breather. Lets get it over to sophie with 30 market reaction. Sophie we have corporate earnings perhaps giving impetus to profit taking for japanese investors given those highs. Leadingei 225 benchmarks in asia lower here it asian stocks falling for a second session. I want to highlight the currencies space. The korean won leading losses as importers why dollars. B. N. P. Paribas says it is better late than never to buy the currency as cyclic