One china policy should be tied to trade. Prices, this Historic Deal to cut output. Oil jumping over 4 . Jumping to the highest since july 2015. Saudi arabia signaling it is ready to cut output more than agreed, while a nonopec countries including russia agreeing to pump less. Sophie we will have more about that deal in a bit, 30 minutes away from the open in china and hong kong. Singapore, taiwan, and malaysia coming online. What is going on in the oil patch . Game inhere is only one town, and it is demolishing every other safe haven. Gold retreating, bonds falling, all on the account of renewed Risk Appetite after the meeting between opec and nonopec members. Saudi arabias surprising the markets, saying it is willing to cut more than pledged. Russia and other noncartel members coming on board as well. Stocks, oil Energy Stocks leading the gains. Energyheavy markets like a straight up, the nikkei 225 getting that double boost, oil majors leading gains, but the impact of a weaker yen,
Meeting of the year with little doubt about what policymakers will do. It is 8 00 a. M. Across the emirates, 5 00 a. M. In london, i am Tracy Alloway in dubai. Angie i am angie lohan and hong kong. Welcome to blommberg markets middle east. It was the oil surprise, but as we look to the next event, its all about the fed on wednesday. Tracy thats right. Ahead of the fed meeting, im looking at Inflation Expectations. This is one of the feds favorite measure of that, the fiveyearfiveyear forward even break. It is nudging above 2 for the first time in quite a while. Oil plays into that. If we have a rally in oil prices, you would expect that two feet in two Inflation Expectations and consumer prices, so it looks like the fed will have to consider that. Almost everyone is expecting a rate rise at this time. Angie that is absolutely right. Drivingng that was markets this morning here in the asiapacific region was oil, but lets do a quick check of the state of play in markets. You can see thos
Italys leader is handed a new list of things to do. And tracing the dots. Sent. S. 10 year yield is to its highest level in more than two years. What does this mean for the other Asset Classes . We will ask aberdeens head of commercial property. Matt we are less than 30 minutes away from the european open and you can expect to see a lot of action this morning because of that oil srurge. Futures are trading up across the board. We are looking at gains for the ftse, 1 . For the cac, almost. 3 . The dax is gaining as well. Pointing to a positive this morning as oil is expected to produce. They are big heavy components of these indexes. Guy lets see how london opens on the back of what you are talking about. This is the gmm function. Wti crude, it is a big and aggressive move in the commodity space. Brent is up by 4. 45 . We can see some decent sized moves coming through into the energy staes. We are seeing what is going on in the bond market. Look at what is happening with the french 30 y
Political speeches since she lost the president ial race almost six months ago. Here with the jabs clinton took to the trump administration. And she was sometimes criticized during the campaign. But it is an a unplugged Hillary Clinton. Funny, very direct. There is no place i would rather be than here in the white house. Speaking to their organization, Hillary Clinton saluted bay area companies, that sent employees by the bus loads to their conference. And lead by example in workplace equality. But clinton says it benefits like the family and they are losing ground. Obviously the jut come of outcome of the election isnt one they would stop speaking out about. Allowing moms and dads to stay on the job. Reporter round out often by applause. We need to resist bias and bullying, hate and fear. Reporter and without mentioning donald trump by name, clintons remarks were political. It was a victory for all americans. Men are in charge of everything. Reporter sexism she says is still over. Its
Spontaneous humor abounding in Atlantic City. Welcome to another day of campaign combat in the president ial race. This afternoon, Hillary Clinton staged a rally beneath the faded sign of trump plaza, one of hit casinosrumps shuttered in Atlantic City, where she laid out a case against his Business Record. Later tonight, donald trump has a campaign. We will talk about both of those events throughout the show. First, a lot of focus has turned to the republican nominees response to the fbis response yesterday over not recommending action against Hillary Clinton. And director james comeys takedown of clintons probity regarding practices. Both put out videos featuring , and the quickest action to come out of congress in many years. Committeealled to the tomorrow. And then Loretta Lynch will do the same. Today, House Speaker paul ryan went so far as to say that clinton should be banned from the National Security briefing that president ial nominees traditionally receive when they become the