As germanys spy chief says huawei cannot be fully trusted, we speak to the companys officer to the u. S. In this hour. It is 9 00 a. M. Across the emirates, 1 p. M. In hong kong. Im tracy alloway. This is bloomberg daybreak middle east. Manus im manus cranny in riyaad. There is a new globally important date. December 11, their remco ipl will start to trade. The valuation anywhere between 1. 5 to 1. 7, depending on which analyst or moneyman or woman you speak to. 40 from the u. S. The negative Interest Rates. Billion, buthe 15 only one question that matters in riyadh. What is the valuation and who is going to buy their remco ipo . We have a guest later on. Michael thompson in terms of flow of money. Joins me after 30 minutes. We will get his brexit take, the flow of money and how important the region is. Good morning. Tracy lots of interesting conversation coming up in just a few minutes. Before that, lets check in on the markets this morning. The benchmark 10 year yield on china Govern
After bitcoins wild week, Randy Quarles says cryptocurrency regulation is worth thinking about. It is 8 00 a. M. This is Bloomberg Markets middle east. There was plenty going on in United States markets on friday. Take a look at the fix. The volatility index. It jumped almost 30 on news that Michael Flynn pled guilty of lying to the fbi. By the end of the day, it was up only. 33 . A lot of like to save havens. Wells fargo reckoning that Political Risk is he getting to see into United States stock. Seep intong to United States stock. Take a look at the semiconductor index. This is one of the hottest trades out there. Down 1 on friday. That is after all and percent on wednesday. Nasdaq down 127 points on friday. Now, let us talk about u. S. Taxes. That was a big story over the weekend as well. The tax bill really coming down to the wire. The senate barely passing among senate republicans. They were scribbling in the margins on the legislative proposal. They managed to get it done. ,e hav