Oil is heading for the first gain ahead of the Global Production cut to reduce the glut. They are also seeing the biggest fullyear rise since 2009 despite stockpiled at the highest level in three decades. Producers have agreed to cut output sunday. Global news 24 hours a day, powered by more than 2600 journalists and analysts in more than 120 countries. This is bloomberg. Lets get a check of the markets now. It is a mixed day, but hong kong, china doing better than the morning session. Asian stocks are fluctuating. Singapore, tokyo, mumbai. Back in half an hour. Time now for the best of Bloomberg Markets middle east. Yousef it is the end of the year that saw the end of opec. Welcome to Bloomberg Markets middle east as we wrap up 2016 with this special Holiday Edition. Im yousef gamal eldin in dubai. Lows,barrel, 13 year record stockpiles, supply outweighing demand and i ran back online. Something has to give, and it did. Opec agreed to the first Production Cut in eight years. We have m
Trends. This is cohosted by the urban institute and the Lincoln Institute of land policy, just getting underway. Offer solutions t economic ad social policy research. We havent assiduously pursuing this mission since 1968 when president johnson created urban to help if i weight programs and strategies aimed at improving the quality of life in central cities. And we bring expertise and research on the impacts of housing and policy in community developers, the Financial Capacity of families, insights about state and local governments, finance, and we work with policy makers in translating identifying policy problems and helping them develop policy solutions. So todays forum represents a convergence of our mission in expertise and leadership of our partner, the Lincoln Land Institute. On the going concern about municipal physical health and the connection to the housing crisis, and through the two Panel Conversations we will explore how the housing crisis in particular has affected the Fi
I am erica, director of urban policy initiatives and policy Advisory Group at the urban institute. If this is your first time at the urban institute a very warm welcome to you and if you are a regular participant in our live and urban event, welcome back and also a very warm welcome to those joining us today, the webcast, and cspan2. We hope you are able to participate in the conversation. To follow it, please follow the hashtag live urban. The agenda for this event contains the twitter handle for all participants so you can include us in your tweets. If you have a question and are watching this event on webcast or cspan2 you can email us your question at events urban. Org, events urban. Org. We hope you participate in the conversation. Let me say a little bit about urban. The mission is to open lines, shaped decisions and offer solutions for economic and social policy research, assiduously pursuing the mission since 1968 when president johnson created urban to evacuate programs and st
I lead the policy Advisor Group here at the urban institute. If this is your first time at the urban institute, a very warm welcome to you. And if you are a regular participant in our live at urban events, welcome back. And also a warm welcome to those joining us today via the webcast and via cspan 2. We hope youre able to participate in the conversation. To follow it follow the hashtag live at urban. The twitter handles for all the participants are there so you can include us in your tweets. If you have a question and are watching this event on web cost or on cspan 2. You can email us at events. Urban. Org. We hope you do and participate in the conversation today. Let me say a little bit about urban. Urbans mission is to open minds, shape decisions and offer solutions through economic and social policy research. Weve been pursuing this mission since 1968 when president johnson created urban to help develop programs and strategies aimed at including the quality of life in central citie
United arab emirates. I am here and live in the headquarters in dubai. We have got a pack show. The markets set for day two of the election. Heidi. Haidi it is mid day. Welcome to Bloomberg Markets middle east. What a recovery we have seen here in asia. It was plunging the most since brexit yesterday, but we have seen quite the bring back. Gains,leading the topping 1 . Hong kong up 0. 8 . Have a weaker you want yuan, tracking gains in the gulf dollar overnight. The topics leading topix leading. Tokyo stocks were down, but we made it up and then some. I have decided to focus on the bond markets. What a spirited reaction. What does trump really mean for the bond markets . Two is a magic number, never mind three. It has flipped on the news read radar, 23 billion of 10 year notes, the weakest demand. Look at 30 year Government Bond yields, timing the most since thinking 77. Trump has planned 500 billion to infrastructure. Aramco fell overnight. The slump in the market indicates rates in th