Welcome to Bloomberg Markets the european open. Im matt miller. Cash trade is less than 30 minutes away. Trump trades antagonism for bipartisan appeal in his first state of the union address, but his opponents find little reason to warm to his vision. What does this mean for his big Spending Plans . And under pressure. Pushing down on may. The u. K. Prime minister tells rebels back home she is not a quitter as she tries to drum up trade in china. Plus, brazil keeps giving for banco santander. Our interview with the chairman in less than an hour. We are less than 30 minutes away from the european open. Take a look first off, at the futures. Drop in u. S. Stocks, we saw a recovery in asian stocks and it looks like this could be the end of the global drought. We do see the ftse futures down, although only just fractionally and use the gains in dax c futures and cac futures. Not quite as tech heavy as the u. S. Stocks got hit the hardest. Lets look at the gmm this morning. As far as the bi
A policy decision out of the bank of korea staying on hold as expected. Surveyed that we stated that the bank of korea would stay on hold at 1. 5 . Who succeedsas to the governor as this was his last decision as the governor of the bank of korea. There has not been a lot of consensus over who replaces him or if he gets reappointed. Take a look at this chart. This is the conundrum they are facing. We had the rate rise in november. Export growth is also coming in a little bit weaker in terms of that last read that we had. Debt is oneath of the conundrums that bank of korea is facing. Banks, aany central fine balancing act. It is largely down to the fed. Take a look at the market reaction. Lets go over to sophie. Sophie you have text talks global stocks are rallying. Stocks in tokyo are rising. Have all of these stocks rising for a fifth straight day. Morgan stanley cannot a report saying that lithium prices will peak this year and have by 2021. An eye on keeping chinese lithium stocks at
This one definitely tried to get your way into work to figure have anything else except report this morning were a problem on to a system wide delays for the rest of the morning commute none reported so far but we might as we progress drop this morning is from going off the 40 this morning to drive into San Francisco held a live shot at the bay bridge toll plaza every than normal because a lot of our writers getting in their vehicles and diving into the city 20 to 25 minutes from the macarthur maze across the span at the downtown so far. Will tran diskettes to so many people off guard the have not been following the news that initial runup to the fruit bellport station in corporate and find out there was a gate that prevents them from going upstairs to the platforms of a hot on the train because of the people right behind buses pulling into the station this man has been very busy telling people this bus goes here that busgirls. Densitometer is one of the cost your a rocket or confuse o
Anna welcome to countdown. Im anna edwards. Ryan im ryan chilcote. Anna at 6 00 lets have a look at the tech sector. Lets start with apple, because i have a chart here that shows the afterhours move we saw this was even after the Company Reported a record thirdquarter profit number. Revenues were disappointing. Ryan this threatens to remove again that apple saw that huge rally of almost 10 . It could be one of the biggest losses ever. Anna more generally, this was the biggest tech rally since october. Will that change in the session today . We have lots to talk about. Apple was just one of a few tech giants that reported in yesterdays session. That came afterhours. Lets get Caroline Hyde and paul sweeney. Great pleasure to have you. Lets continue the conversation with apple and what it is. Caroline its phenomenal when you put it in perspective we could see 66 billion dollars worth of its market cap erased. In perspective, that is more than bmws entire market cap. It is a record thirdqu
The iphone basically the 8 plus but will be known as iphone x , a nod to tenth anniversary of the apple iphone shares 1 3 right now trading up 163 see how they o do once phone is revealed moments ago President Trump threatening to impose further sanctions on china if beijing doesnt do more to shut down banks and other firms that are aiding north korea. So in other words, china holds the key we are going to take ul about that a what it might mean for our relations economic reengs with china back to apple announcing apple patch series three complete with a built in antenna going to allow you us useers to make calls to music right now company is revealing its new smartphone. The iphone 8, expected to debut iphone plus, 8 plus, and iphone x , just moments from now. So get ready for that everyones attention on top of the line action, x, brandnew design rumored facial recognition you know, fingerprint recollection this is facial a recognition Wireless Charging i knew that updated display hil