Bring the money home. Anchor this is daybreak asia, coming to you from u. S. And asian headquarters. I am betty liu, where it is just after 7 00 p. M. Yvonne i am yvonne man. Breaking news out of south korea. A beat on all fronts for the month of july. The core cpi coming in at 1. 8 year on year. The headline figure above the 2 target for the bok. The0 basis points from previous month. The month on month numbers, kicking up a little bit after we saw moderation in the second half. We will see if the bok will react to any of this. It might be staying on hold for some time. Betty indeed. We will be watching for any movement here on the inflation as we mentioned. Askingf central bankers about inflation these days. In the market,e a lot of the questions are really around washington. When does the turmoil stop . When does the turnover stop . That weighs on markets. Up 50ped along and ended points. The nasdaq also lower. We are waiting for some big tech earnings including out from apple. Noth
To reasonable policies. Francine good morning. This is bloomberg surveillance. We have great guests. We will be talking dollar, pound, and some of the greek bonds. First things first. Thats check in on your markets. This is the picture. Banks in the u. S. Yesterday leading the rally, as janet yellen, with her comments yesterday, seemed have buoyed equities. A lot of banks in europe are still gaming. 1. 6 for the industry in europe. Stocks in general are gaming. A next bag in terms of earnings. Lot has been playing out on the currency markets. Chinese stocks in hong kong jumping after record new credit fueled optimism for strength of the chinese economy. Lets get straight to the first word news. Here is nejra cehic. Trumpsides to donald president ial campaign had contact with russian intelligence officials according to the New York Times citing former and current officials saying intercepted calls show repeated contacts with senior russian intelligence officials in the year before the e
A look at where european equities are trading right now here on this monday session. You know the function, global macro movements, calling for a first weekly its increase in five weeks against the dollar with these other rates rising. Amidst all of this talk of allowing inflation to overshoot credit default swaps and commodities, what a day we are having on this first new trading day of the week. The first new day without talking about Deutsche Bank. They are exploring tricking the u. S. Operations with mounting Legal Expenses threatening to eat into its capital with two people familiar with how such an option could be familiar with its broader strategy review. Including businesses in the context of regulatory capital requirements. The peoples shares are unchanged, according to the bank that has seen its shares absolutely hammered in 2015, losing almost half of its value. Lets get to more banks. Big italian lenders, bank a popular,re banco clearing the way to form a third to becomende
We are about 30 minutes into the training day in the u. S. We are right now on the second day of losses after fridays losses. That is happening in part fisher of vice chair saying potentially there may be a rate on the table for later this year. We are seeing this waiting on the boards right now. The dow is up i about a third. The nasdaq is closer to the zero line. Rate on the table for later this year. We are seeing this waiting on the boards right now. The dow is up i about a third. Ae nasdaq is the dow is off t third. We do want to talk about mergers and acquisitions because it is a true m a monday. Talking about visor and it bid for medivation. This is on track for a record close. Look at the function. It looks like it is at the highest jump since march 31 or so. Billion,valued at 14 81. 50 per share. A are gaining a Prostate Cancer drug. Analysts are predicting by 2020 will pull in 20. 3 billion. Cst, Canadian Tire up with brands, up by about 10th of a percent. This is in regards
Near its goals. My question, why is this time any different . Alix you have to see, are we aing to have a dudley and fisher that are very different. Fisher is on the more hawkish side. What does that mean for yellen on friday . We have bank of americans global head of commodities. An interviewrx, you will only see on bloomberg. It was still a dollar move today. Jonathan an equity move off the back of that. You are looking at futures in the United States. Down 1 4 of 1 . 2 of 1 . Down 1 w speak. Ad a week of saifed the guidance from stan fisher, the interpretation is a right on the rate hike stillo table. A stronger dollar dominating. In the commodity market, stronger dollar, the commodity complex often. Copper down. A big week of gains for crude last week. Wti putting together its biggest weekly pop since march. Supply coming back to the market. Will talk about that later. In the bond market, the yield curve on treasuries and focus on the back of vice chair Stanley Fischers comments ov