Says carlos ghosn left the country by illegal means. Theformal nice former nissan boss is expected to give a press conference this wednesday. Yousef it is 8 00 a. M. Across the emirates. This is Bloomberg Markets middle east. Are talking about those geopolitical jitters currently running through markets, so lets take a look at where gold is trading this morning. Gold trading at the highest level in about six years, with Goldman Sachs suggesting that shiny metal will be a better hedge against geopolitical risk than crude oil. Goldman sticking to its forecast for 1600 announced, but with risk for prices to the upside. Gold building off of what was a stellar year, up Something Like 18 in 2019. That is the biggest annual jump in over a decade. Changes the dollar, the dollar also strengthening off the back of that safe haven appetite. Yousef crude oil is extending its surge from friday. We are at threemonth month highs for wti and brent. You have the fallout between the u. S. And iran escal
Philippines down quite substantially today, around 1. 4 . Not really feeling your sort of risk on mood we had several days ago as well. Not to mention in case you missed it, the tie chin pmi numbers a little soft. I mentioned dollaryen. Dollar, the loonie was actually under a lot of pressure. Dollar, dollar, dollar, canadian dollar. Pressure on friday given the move we have seen here. The aussie dollar dipping below your . 70 level. As promised, very quickly, have a look at brent which is now back above 70. You have gold pushing 1600 an ounce. The entire crude your futures curve, you can look at it almost by the hair from the floor on friday. The longer end, and the reason i am pointing, the longer end of your japanese bond market seeing a substantial lift and the move back into haven place. These. Track all of yvonne our top story, the fallout from the killing of a top Iranian Military commander is widening. Lawmakers have voted in iraq to expel american troops and iran says it will n
The 1. 82 mark. A couple of stocks i wanted to point out, this is a Cancer Treatment company, and its been bought by merck at a huge premium. Nicestock is up 103 , so a return for arqule investors today. , down a downgrade at citi 0. 75 . News we got a moment ago, goldman coming into the wework cleanup. The way it works is, and this is goldman stock, which has been moving around, slightly lower, wework is going to be a borrower with softbank. This is supposed to bacon more palatable to other lenders to make it more palatable to other lenders. Apparently goleman has reached out to other banks to see if they want to get involved as well. It is keeping softbank in the game, part of a restructured doingt plan, 1. 1 billion away. The 5 billion plan will come into place, and apparently this loan structured from goldman should be in place by the end of the year. Guy bonds continued to tell a story that the market is not completely convinced by what is happening here. This is what is happening
The House Judiciary Committee recommends the impeachment of donald trump, who is charged. Ith abuse of power it is now up to representatives to decide whether to pursue. It is just got 9 00 a. M. This is bloomberg daybreak middle east. Risk, whoy rating of is a believer . It is the yuan. That is the market that believes in the veracity of the trade one phase one trade deal. The bond market is a doubter. The angst or motion sickness ratcheting to 1. 95 on the trade deal. It has the veracity of the phase one trade deal. The bond market rolls all the way back to 1. 82. There is the chart, a little bit ahead of me. 133. 31. D trades out 1. 3331. Buying and Short Covering on the count, can you trade at 1. 40 . Morgan stanley says the Higher Grounds are open to consideration. That is the context of markets. We have the first word headlines from around the world. Qatar has held discussions with saudi arabia about the mending of a 30 month regional diplomatic and economic risk. That is accordi
Protests spread against indias controversial citizenship law that excludes muslims the un calls it discriminatory. Unlawful killings torture and Sexual Violence police in chile a accused of serious abuses against antigovernment protesters. And on people stamped with all the sports tiger woods and these u. S. Team fights back at golds president s cup but the internationals still hold a healthy lead. Hello there a very warm welcome to the program we begin our coverage in algeria where abdul majid tbone has been declared the winner of the countrys president ial election preliminary results show that he won 68 percent of the vote the less than 40 percent of voters turned out with millions boy causing it and calling it a sham thousands of protesters are out on the streets rejecting those results they say that the election wasnt free or fair because all 5 president ial candidates have links to former president abilities beautifully nicholas cage has the story. It was an election the majority