600 gaining. A lot of the focus is on earnings and the economic backdrop. 1134. Ollar 1 it has fluctuated but is very arrangedbound. Rangebound. Coming up, the World Economic forum in davos. We bring you all the biggest names in banking. Lets get straight to first word news in new york city. We begin with the new york senate approving Donald Trumps new freetrade agreement with mexico and canada. It handles the president and a major win ahead of impeachment. The overhaul of the agreement was a priority for mr. Trump. Mitch mcconnell called vote a rare moment of bipartisan cooperation. The white house broke the law in withholding aid the ukraine. Accordingting to an independent watchdog, saying the president should not have delayed money. This is a key part of the impeachment case against President Trump. , quoteg with them obsessed with the u. S. Trade deficit. This is according to bill hogan, saying americafirst policies are bringing about a priceless moment for global trade. This came
At one point, it rose to the highest since july. A slightly stronger, ahead of those gdp numbers. Weiland markets right now, are seeing ties stocks up about one third of 1 . A lot of focus has been on that as china says they will curb. India looks to be a green day. The rupee seeing strength at 63. 89. Haslinda taking a look at currencies, the aussie weakening after rising to fourmonth highs versus the greenback on risk on at 111. 29, up 3 versus the dollar since november. Investor interest in japan stocks. Bitcoin on a trip down. People are beginning to ask what does bitcoin and dotcoms have in common . That plunge spooking some investors. We stay prepared for the worst. We get more on the markets later on. On to theets get first word news. Rose chinas home prices in the most cities in six months in december even as the government prolonged a campaign to curb property speculation. Rose and 70 cities tracked by the government compared with 50 in november. Isis fell in seven cities from
Investors await gdp from the world secondbiggest economy. Will it accelerate for the First Time Since 2010 . Anna welcome to the program. This is bloomberg daybreak europe. This thursday morning here in london and lets start with the overnight session over in asia. Weve been going through the day , we were in positive territory just a couple of hours ago and now were down about. 4 it would waiting for a did lose your data out of china. The growth story for the Fourth Quarter. Industrial production and retail sales due out as well. A strong session in the United States yesterday, the dow closing at 26,000 for the first time. Visit smoke and mirrors or earnings and growth . One of the key questions the market will deal with as we head into tomorrow. The couple of things keeping the markets on edge at this age. This stage. We have a story that says some at the bank of japan think that at some point, talk of normalization will be needed. Thats about as close as we can get to any change in
Areas for overseas expansion. Iraq has joined the united arab emirates, calling for opec producers to stick with their agreements to cut oil output to the end of the year. That is despite recent price gains. The deal to rein in production helped lift france above 70 a barrel this week. Iran has expressed concern about that, spurring a renewed push sale producers. Bloomberg spoke to the head of the International Energy agency minister and got more interaction from citigroups head of commodities. Today, oil is about 70. And we will look at 2018 index couple of months. Demand increases 1. 3, 1. 4 million. Production isil ,oming from the United States less of africa from canada and with a lot of oil in the market. Market unless we have some surprises. That is a point of discussion again because the focus so far has been on the supply side. And we often dont discuss the demand side of the equation. And maybe we need to do some more work because all reports 2018, itsting that will be both on
Us why he is eyeing london and. Istanbul for market expansion. First, iraq has joined the united arab emirates, qatar, and oman and calling for opaque and allies to stick with their agreement until the end of the year. That is despite recent price gains. The deal helped lift brent above 70 a barrel this week. Iran has expressed concern. , spurring a renewed push from u. S. Shale producers. Bloomberg spoke to the head of the International Energy agency and the omani Energy Minister and then got more reaction from citi. Today, oil price is about 70. The Global Oil Demand will increase about 1. 4 Million Barrels a day. A lot of new Oil Production is coming from the United States, from brazil, from west of africa, from canada. A lot of oil in the market. We expect is lunch market in the next 12 months to come unless we hit prices. I think thats the point of discussion, because the focus so far has been in the supply side. We often dont discuss the demand side of the equation, and maybe we