Consumer prices beat forecasts. Shery shinzo abe faces yearend pressure. His popularity is sinking to its lowest in more than a year. Japan is coming online alongside the south korea as well. Lets get straight to the Market Action with sophie. Sophie. Sophie we are in the final stretch of 2019. Japanese stocks did manage to pull through on thursday. The topix with an eight day drop. The topix hitting ground along with the nikkei 225. Today, stocks are trading exdividend today. Lets check in on the open in seoul. We are seeing downside moves for the kospi. We will see what the index can crack 2200 points. Switching it now to check in on the mood in sydney, the asx 200 gaining some ground with gold miners among the biggest advancers. Resolute leading the pack, jumping 7. 5 percent earlier with spot gold on course for the best year since 2010. Jumping into the terminal, that momentum could make for a solid 2020 for gold as traders make attempts to carve out a higher trading range after bu
Expectations. Looks like it misses the analyst estimate. That perhaps is why you are seeing a drop in after hours trading. Services, 6. 81 million, that is an adjusted number. Revenue,arter adjusted you could say it misses or meets the average analyst estimate. Right now, looks like investors see it as a miss. Romaine it will be interesting to see. We are still waiting for broadcom and adobe. A lot of these idiosyncratic stories linked to the macro. Scarlet in the meantime, lets talk to our market reporters. Once again, i am taking a look at volatility. Lots of funky things happening there, mainly the fact that it is coming back. Right now, the s p 500 at a record high. The vix closed up three weeks in a row. This is something to Pay Attention to, because that happened in early january before the beginning of the volatility. That huge spike up for the vix in white, the s p 500 falling at the beginning of the trade war, than the volatility to come in the end of 2018 with a similar situa
Time now for the global exchange, where we bring you todays market moving news from around the world. From hong kong to jerusalem, washington to new york, our bloomberg voices are on the ground with todays top stories. In israel, Prime Minister Benjamin Netanyahu is facing a rare challenge to his lead. I am not sure i would see this day come. Reporter that is very true. Significant. Be it would change israels Political Landscape for the past kud itss and give the li first win in 20. They would have a better chance of forming a government after the third election of the year come march. David thank you so much. To turn to commodities. Oil is extending its gains as u. S. Inventories decline and optimism over a partial u. S. China trade deal grows. Youre right, those are the two drivers hitting oil this morning. Broken throughe a level on trade deal optimism, partially on risk assets. The santa claus rally really helping oil out. Another big story is the inventory decline. If it is confir
Of those involved in made several arrests. The largescale protest is also planned for new years day. Global news 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. I Mark Crumpton. This is bloomberg. Scarlet i am scarlet fu. Taylor this is Bloomberg Markets the close. Arlet forget call and think oil. President trump set up polymeric trade deal is done, sending crude lower. Cofounder Travis Kalanick steps down. We have all of that and more coming up. Taylor first i want to get a look at the markets. The tech sector, i know i am in San Francisco and you think it is all i can talk about but i continue to be astounded by the tech market. It is a big out performer. Today not a ton of movement but on the year it is the winner. Tesla about 420 a share. In my world, another day, another record for shares of tesla. I know you are also taking a look at the 10 year. We were talking about this global bonds selloff, the ri
Countries that help corporations avoid taxes. The federal government is trying to end food stamp benefits for 17,000 70,000 americans. A new revelation could make it harder for states to get waivers. The agricultural secretary said newnew rule will move recipients toward selfsufficiency and into employment. Saysritish Prime Minister security and intelligence sharing will be the main factors in deciding whether to let a Chinese Tech Company build 5g networks. At the nato summit, johnson said he does not want to be or want to u. K. To be hostile to overseas investments, but also has to protect National Security interests. He reportedly put off the decision until after the election in britain. Global news, 24 hours a day, on air and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im mark crumpton. This is bloomberg. From bloomberg world headquarters, im shery ahn. In toronto, i am in for amanda lang. Welcome to bloomberg markets. Here a