Showing our beautiful city from across the river, you can see it still lit up in green, people still celebrating, and exciting, excited about those eagles. Storm scan3 showing we do have some clouds starting to make their way and build their way into the region. We do anticipate that we will see mostly cloudy skies as we head into the afternoon. Drawing your attention located out west, we do have some snow thats going to be pushing to our north. It is just a weak disturbance. And that is going to bring the chance for a little bit of snow, some snow showers, some flurries, possible, up into the Lehigh Valley as well as the poconos. Not much as far as accumulations is concerned, coating to inch can be expected. And it is about 25 degrees right now in philadelphia. Getting your day started in wilmington, new castle county, delaware, right around 21 degrees, kind of chill any allentown at two; poconos, this morning, at 13. But your daily plan letter get you to around 34 degrees by the noon
Rishaad kicking things off with , getting those numbers. How this hass us all turned around in recent months. , the factory gate price number we did have, and well, expecting the same level at the moment. The government crackdown on risky lending. Restocking inventories, and that would mean they do that despite the recent upswing as well. 5. 5 , cpi coming out. Holding steady, that stabilization story that beijing wants to push for this year. We will look at import prices and the impact of technology, whether that is keeping inflation and wage growth far away. Asia, singapore, malaysia, and taiwan coming online. Asian shares tracking wall street. Japanese stocks and shares in sydney leading gains. Tokyo rising the most in three weeks despite the disappointing core machine orders data this morning. The yen trading near a twomonth low, although now deepening losses, 114. 18 right now. Kospi higher, consumer stocks dropping over 1 . On korean won building gains, up. 3 against the dollar.
Europe and the u. S. Anne good morning and welcome to bloomberg daybreak europe, our flagship morning show from london. Im anna edwards. Manus im manus cranny. The markets took a bit of a punching last week. Investors must 868 billion, the worst week this year. Put the two together, the Bloomberg Barclays aggregate bond index, and they lost 681 billion, anna. If you look at the losses here, the question is, was it an opportunity . The japanese scooped up u. S. Treasury bonds. They came in size and plenty. We have the bond yields at the bottom of your screen and 10 year Government Bond yields are rising in the u. S. And kuroda is there. Anne the biggest weekly combined lost since the start of this year, a landmark week. Lets put up that risk radar and show you where the equity markets are. The asian session, moving higher. We have decent data out of china. Global stocks are closing closer to alltime highs. Investors should look ahead to the earnings season, not dwell on political issues
We have all the highlights. Republicans announcing a date when they plan to replace major portions of obamacare. House ways and meaning Committee Head kevin brady joins us in fox business exclusive, when we see the plan, how we will pay for it and exactly when the tax cuts will come in. Well talk about coming up. Melissa another record for the dow turning positive in last few minutes of trading, for a brand new record for the sixth straight day. The s p and nasdaq ending in the red, bringing a to an end of longest record streak for major averages in 25 years. Cisco, coke, 3m among the big winners. 56. 36 cents a barrel on oil where opec may extend Production Cut agreement to other nonopec members. Gold is the highest in more than 13 points, on back of a weaker dollar. David urgency behind the tax cut overhaul. President s trump most Important Campaign promise to people begin s to take shape. Tax reform will happen fairly quickly. The tax would be easier in my opinion but for statutory
One of the most dangerous jobs in somalia. First, the leader of prorussipr prorussian separatists in Eastern Ukraine has agreed to open up corridors to allow some troops to leave the zone. This was made after Vladimir Putin asked the rebels to allow troops safe passage and give Urgent Medical aid to the wounded. Up to 7,000 soldiers have been surrounded in nearly a dozen separate locations southeast of donetsk. There was a call from the russian president to provide the encircled units of the army with the corridors. With all respect to Vladimir Putin, the president of the country that gives us moral help, we are ready to give them corridors, if we dont take weapons and ammunition, so they in the future could not be used against us. N. A. T. O. Is due to hold an emergency meeting to talk about the crisis in ukraine. The alliance released satellite images that appear to show Russian Troops operating inside the country. Prorussian separatists are in control of large parts of Eastern Ukrai