The s p 500 is on pace for its best year since 2013 so investors seem to be on the sidelines. Where we have a bigger move is the bloomberg commodity index. The longest such winning streak since 2005. Natural gas up nearly 7 on the day. Of 2016,since october the frigid weather here in the northeast one of the drivers plus tight inventories for natural gas. Copper also higher for a 16th day in a row. Behind that, Strong Demand out of china, this helping some of the related stocks. Some real strength here for the bloomberg commodity index. Where we are seeing less strength, bitcoin. A very volatile ride, recently. The 7. 5 , taking some of related stock in companies down with it. And companies down with it. Time will tell but if we take a look at the technicals on bitcoin and hop into the bloomberg, this is a sixmonth chart and we have bitcoin, an extraordinary ride higher despite recent volatility. See in the recent volatility, the congestion. If the buyers proved to be stronger, it mean
Everything is in the green, but very, very small movements in low volumes as well. 45 when you down look at the 30 day average. Story is in commodities. Come over here, and you can see the commodities index is up. That is a lot by metals. Is that the highest in five years, copper in four years on its 16th consecutive gaining day. Freeportmcmoran gaining about 3 today. Take a look in this chart. This is the bloomberg commodities index. It is seeing its longest stretch of gains in 12 years, and the index has been up for the past 11 days. Finally, i wanted to take a look at some movers. Lets switch up the board again. What you can see, these are some of the s ps worst performers on the year. General electric, under armour, all down on the year. We know that with ge, they are in the middle of a turnaround. The long time ceo has left in the middle of the year, along with another of budget top company executives. A new ceo reported a turnaround plan that was introduced last month, but not re
Sedition charges. Pope francis said today that countries have a responsibility to fight antisemitism and the quote virus of indifference that threatens to erase the memory of the holocaust. Popes remarks come as the largely Roman Catholic poland considers legislation that would pulllaming bullocks climate thehe crimes of the holocaust. Global news, 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. I am mark crumpton. This is bloomberg. In hongits 1 00 a. M. Kong. Shery and im shery ahn. Welcome to Bloomberg Markets. Shery here are the top stories on the bloomberg and from around the world that we are following. Building on to a roadblock, President Trump is that to unveil his imperfection plan at the date of the Union Address tomorrow, but Top Democrats are already bashing his hope for bipartisan support. Jv holdings taking a big step of keurigerage industry, greenmount will take control of dr pepper for 18. 7 billion. Allegations against st
Released shows donald trump leading the republican president ial field by a wide margin. Heading into the first party televised debate this week. Jeb bush is second at 10 . Scott walker is third with 8 . 500 voters who identify themselves as republicans were polled. Even though we are a long way from election 2016, the 17 republican president ial candidates are watching the polls closely. The debate is thursday. Only the top 10 will get into the event. That will push rick perry and bobby jindal into a less visible event. Opponents of president obamas Climate Change plan regulated aims to reduce Carbon Dioxide levels in the air, opponents say it is overreaching by the government. And they say it would raise energy rates. Mitch mcconnell not only will these regulations failed to meaningfully affect the Global Climate, they could end up harming the appointment by outsourcing to countries with poor environmental records like india and china. They also may be illegal. Vonnie the trouble in
After 2016s foreign takeover spree. We have the world covered on daybreak asia. We go to watch the developments out of beijing as chinese mostators watch the prolific overseas dealmakers. And we are watching the e. U. Summit in brussels throughout the morning through this is daybreak asia, coming to you sive from bloomberg asian headquarters. I am yvonne man. Betty is that the wharton global conference. A very busy friday and a happy one as well. Yvonne we are marking the oneyear anniversary of brexit. We have the stress test, keeping an eye out on china as well. First it was anbang, but regulators could be targeting other companies. A lot of big guests on our show with betty. Starting this hour, Geoffrey Garrett in 40 minutes time. On Bloomberg Markets, betty will be speaking to the incoming chief executive of hong kong. Her as have to talk to we start next week, marking the anniversary of the handover. You do not want to miss bettys chat with tom friedman at 10 40 a. M. Hongyou do no