from the fed chair. have a look at european equities, under 30 minutes left in the friday session. we are rising today. look at the equity gainers today, greece up 2.5%. belgium up 1.6%. do yesterday were chinese exports slumped the most since february, pushing risk appetite lower. factory is about inflation rising for the first time in almost five years. this is sterling. this is pound-dollar. ons is pound-dollar 2016, schedule for our second weekly drop amid brexit concerns. mark carney is touring the country. deutsche bank, you can see it there. germany s biggest lender forecast a decline to 1.15. bank of america, based on its current rates of decline sister lynn will drop to 1.05 by the end of next year sterling will drop to 1.05 by the end of next year. inflation expectations increased . this is the 10 year, the expectations for inflation over the next 10 years. when you look at the difference between a 10 year bond and inflation linked debt, what is fascinating is it
improvement in the market. the prime minister has said he will resign if voters do not approve the referendum. the state department says if you want a passport or visa, you will have to take off your passport your glasses for the photo. .hey can cause glare the new policy takes effect november 1. global news 24 hours a day powered by more than 2600 in 100ists and analysts 20 countries. i am mark crumpton. this is bloomberg. scarlet: live from bloomberg world headquarters in new york, i am scarlet fu. matt: and i am matt miller. joe: the question is, what did you miss? that the boston fed conference, janet yellen said there are plausible ways that a the economy hot for a while could fix some of the by the recession. over sales tactics. a scandal that led to the departure of the ceo of wells fargo this week. we will speak to the cfo right after the markets close. plus, the greek financial crisis is still at the top of investor minds. the country is still struggling to write a
prudence and there s great work to change the way we finance our campaigns so that candidates and elected officials are more responsive to the people that they are hoping they ll be elected to represent. so and there s more. their efforts to expand run off voting and implement voter registration. there s work being done. we have to make sure we are engaging the 85% of americans and i bet you right now we are only engaging a number of that. even in the last year, there s the largest i forgot the term. the largest civil disobedience in congress ever not just in democracy ever and we had hundreds of people getting arrested, so 1300. were you one of them? great. i think there is promise and there s hope. ultimately people power will outnumber the very, very wealthy that want to keep that want to keep control of their power and the more we are able to organize and activate, the 85% of us out there, i think, will see change. that s a great point. whenever they want to ask
began when migrants tried to push a rail car through a police blockade. one of the teenagers kidnapped s petiteharam extremist of years ago was found with a baby. bloomberg west is next. emily: this is bloomberg west. we will break down and networking giant s future in an ever-changing world. plus, google sent out a wake-up call with daydream, the next generation for the tech giant in virtual reality. google s vp of vr joins us. and going live on twitter periscope has a new button for broadcast. lead the future of google is artificial intelligence. that was the message from the ceo as he kicked off the developers conference. google unveiled a new mobile messaging app that calls on the services a digital personal assistant, plus a voice-based search device called google home that will use the same technology to answer questions when you are at home. if it sounds like the popular amazon echo, that is probably the point. and third, a new virtual-reality program called
atlantic and the black sea areas of georgia and russia. washington, the house is considering a scaled-back zika bill that would provide only a third of the resources required by president obama. debates continue late in the night in macedonia, fires burned at that border camp was the police lobbing tear gas and stun grenades. the fighting began a migrant tried to push a rail car through a police blockade. one of the teenagers kidnapped extremists was found with a baby. they responded and were adjacent to the country s border with cameroon. bloomberg west this up next. emily: this is bloomberg west coming up, cisco beats in extended trading will break down the networking giant s future in an ever-changing technological world. plus, google sent out a wake-up call with daydream, the next generation for the tech giant in virtual reality. google s vp of vr joins us. to it all in focus. and going live on twitter periscope has a new button for broadcast. the company ceo and f
taiwan has its first female president. it may all come down to what she doesn t say in her inauguration speech. these are live images from the capital. oflet us know what you think our top stories. follow me on twitter @rishaadtv, and use #trendingbusiness. china markets underway in 30 minutes. let s take a look at what s going on out there. markets have turned positive in the last hour or so. we had a weaker start, but things are looking up. new zealand down by a quarter of 1%. we are processing the reaction to the fed saying june remains alive event. the s&p 500 wiping out its gains for 2016, falling the most in seven weeks. taiwan online. malaysia pretty flat. cpi numbers out of malaysia later on at noon hong kong time. gaining 2/10 of 1%. , fairly stable, trading at that 110 handle. up about a225 is 10th of 1% as well. the retracement in the u.s. dollar gives a boost to oil prices and commodities. taking a look at the movers of the day, it is about the energy names. part
anna: welcome to the program, wn and we retdo live from london. let s get straight to what is happening in the market. the key feature has been the reevaluation of what the fed is going to do in their june meeting. we talked about that a lot yesterday. overnight, we continue to see this flow of hawkish currency coming from the fed, but the market hasn t been responding in the way that many would have anticipated. the wirp function bloomberg to run these through where fed futures are pressing the market will move and we have a 20% chance of the fed moving in the month of june, or hiking in the month of june. that number has moved a lot. it went up to 32% yesterday, but then it fell again. if the market is supposed to be a greasy on june is a time when rates interest rate, why did that contract a little bit? what we have from heard overnight, and also from blackrock that we need to start counting in the fed as a player in june. also suggesting in one note that perhaps the fact
bump in the road. has accusations of bias as a valid to change the way stories are trending. follow me on twitter. that is my handle. ere as use that hashtag th well. hong kong getting underway in about 30 minutes. singapore and malaysia online as we speak. let s have a look at what is going on. fed speaks, that is when the market reacts. that is being reflected in the early asian session. singapore, malaysia, and taiwan coming online. take a look at taiwan. about up we are off by .25%. the biggest move in nine months on the account of heavy buying into some of these tech stocks. we are seeing some of those names giving back gains today. there was the story of potential demand for the new iphone coming through and the impact on the taiwanese iphone suppliers as well. elsewhere across the region, the tradingown by .7% as gets underway. that is weighing on exporters, consumer names, retailers. in particular, automakers and electronics names giving up gains today. selling comi
despite the $62 billion bid being rejected. good morning to you. let s get straight to what the markets have been doing overnight. it seems like there is good news once again for equity markets. have a chart that shows the moose we seen in global equities. that s what you will the here in blue. this is not just the april numbers for us home sales. we have asian stocks rebounding nearhe dollar holding two-month highs even if it is retreating just a little bit this morning. manus: it s going to be a very interesting day. thing?te hike such a bad let s check into what we ve got in the markets. their but wege have risen over the past two weeks, markets factoring in the fed hike potentially in june, back in the cards. you have negative yields elsewhere in the world. strong data in the u.s.. new home sales coming in the strongest in eight years. never far from a barrel of oil in this region. on the way to $50. inventories dropping by more than 5 million barrels and the norwegians
kongcurran is in hong wanting to know when the fed will raise interest rates. matt miller is in berlin. let s begin in greece. finance ministers have reached an agreement that will allow aid to be released to ease the debt burden around the country. marcus joins us live from athens. aid disbursement means greece will not face a massive payment crunch to the ecb in the summer. there s also some extra money that allows it to stopping down taxes are about to rise. it s not going to cause jubilation on the streets. they can expect a little bit of stability over the summer. jonathan: thank you. david: are you wondering when the fed will next raise interest rates? chinese officials will ask their u.s. counterparts about the timing of the next increase. curran in honga kong. when are they going to ask this question and where? good morning. it shows how nervous china s leadership is of the looming fed rate hike. issuelan to raise this when diplomats meet as part of a strategic