The dow had a close thanksgiving lowvolume trading day. Shanghai on the way up. 6 10 of 1 of the hang seng just. Till 500 points at the moment there below that psychological importance. Lets move along and have a look at some of the other aspect classes that are in play. Taking a look at that taisha in number that came out a short while ago. That has affected bond prices that we see. 10 year yields moving to the upside. Three basis points. This is relatively unchanged. Seven rmb three. Crude oil, 1. 5 up. This is being reversed partly by opecs oil minister saying could be taking place in vienna this week. We could see a deep cut. A cut of 400,000 barrels a day. That means the oil barrels have gone into the action. This is suggesting we have gone through a key level. As a result we are seeing more movement in the downside. True. 8 down. 3. 8 down. In theh price action gold. Certainly, there is little risk there is Risk Appetite will we thought there would not be much Risk Appetite. Lets
Record. Manus it is daybreak europe. The words of the Vice President of the United States of america now open up a new salvo in the trade wars. Those words are the president has made it clear it is going to be very hard for us to do a deal with china. Geopolitics and human rights is the new escalation in trade wars. Nejra it is interesting, the timing of these two stories coming through both having an impact on the markets in terms of the hong kong bill and how that could have an impact on the negotiations. They are going to go back to that may template in terms of rolling back tariffs. We know how much hope there was ahead of that only to be thwarted later on. Highrises of the beijing. We have come here specifically to host some pretty good interviews. The roster is pretty high quality. It is the Bloomberg News Economy Forum. We will speak to the Standard Chartered ceo and the ubs group ceo. We are going to catch up with the Goldman Sachs chairman and ceo david solomon. The former whi
Turnout in hong kongs district elections as protests have their say on carrie lams government and drive for democracy. Stocks with these risks, are still managing to push ahead to a third monthly gain. Lets check out how u. S. Markets closed friday. S p 500 closing just higher, led by automakers. Stayingt weekly loss, within 1 of a record high. Treasuries flat for an eighth session on friday. The curve has not yet inverted but we are keeping an eye on that. Looking at the mood in asia, we are setting up for a mixed start. Shares to the downside at the start of a week which brings us gdp reports from india and taiwan. And a policy decision from south korea. Here in hong kong we are going to get trade data on tuesday along with alibabas secondary listing in the city. This, after elections took place on sunday, november 24, which also marked 50 years since the debut. Sterling is testing fridays high against the euro after the u. K. Conservatives unveiled the election manifesto. China said
They are weighing new investigations. A record turnout in hong kong as prodemocracy looks set for big gains. It is the first opportunity for hong kongers to vote after months and months of violent protests. Paul lets get you across some breaking news on the bloomberg terminal. Carl icahn is said to seek control of occidentals board. He plans to nominate 10 directors in an attempt to seize control of the u. S. Oil and gas producer. This is according to people familiar with the matter. Is said to be looking to seek control of occidentals board. We will bring you more details on that as we get them. For now, trading has begun here in australia. Lets take a look at how we are tracking. Currently higher by just over. 1 . We have a staggered open here in australia. Stocks coming online in alphabetical order. We are currently in the as. The one we are really looking forward to is westpac in the ws. This packet slipping about 7 in the last week on the back of this Money Laundering scandal. 4 o
Said to be sweetening the deal in dubai. Fany saudi aramco meets investors as it looks to boost support for its mega ipo. It is bloomberg daybreak europe. We are live from dubai. Nejra cehic is having a wellearned day away from the mayhem and the carnage that there is in the bitcoin market. Day nine of a drop. A battering and value. Sub 7000. The pboc warning people away from bitcoin. What needs to happen to get bitcoin back on a rally, may be a complete drop in trade negotiations. Deal. Phase one committed to phase two and three. The two other risk markets, ground zero for trade for the aussie dollar and the won. Do we have those markets . Lets have a look at them. The dollar down, the yuan strengthening. Won rallies. The chinese playing to the hawks. The policy hawks. Up a twohe oil market month high. The daily machinations of trade drive the markets. To the u. K. , Boris Johnson unveiled a Safety First Program of policies in the partys election manifesto. Brexit boxnending set drama