Good morning, everyone. This is bloomberg surveillance. Im Francine Lacqua in london. E have great guests coming your way. First thing a check on your markets. This is what we have seen overnight. The dollar gained on the back of what we heard from janet yellen. Probably one of the most significant things that were watching. Were watching dollar and the bloomberg u. S. Dollar index and also im interested in crude oil. We had the i. A. Report yesterday. It traded at 45 a barrel. A couple of big investors said it means it is probably going to change the trade wagon and what we also need to look at is some of the australian bonds after we saw the rally yesterday in treasuries and were looking at swiss u. Now lets get straight to the first word news. In the u. S. , the special council investigating russias interference in the 2016 election will examine whether trump tried to slow the probe into michael flynn. The move expand scope of the investigation. Meanwhile trump and his wife melania
London. We have a little bit of data out of london. We understand by speaking to people familiar with the situation that goldman will review its commodities after the worst start in a decade. They are looking into why they were on the wrong side of a trade when it comes to oil and some of the other commodities. One of the commodities had to make a huge correction and lost three to four months. We will update you as soon as we have any more news. In the meantime, lets go straight to the data. I wanted to bring you the stoxx 600. They are rising in light trading. This was one of the longest winning streak of 2017. The dollar is strengthening after they were start to the year since 2006. The ruling party was defeated in tokyos elections and it is the first day of chinas bond link to the rest of the world. The yuan. 6. 7867. Lets get straight to the first word news. Reporter Philip Hammond will today use a speech organized by the confederation of british industry to tell Business Leaders t
Declined and is running below 2 . The forecast link which hasnt changed. Inflation is expected to remain somewhat below 2 within the near term, but it will, according to the statement, stabilize around the 2 objective over the medium term. He continues to strengthen in the labor markets, but june joby john gains, it has been stronger. Basically, this leaves investors with what they were thinking, a Balance Sheets move in september and a great move, if it occurs, push off until perhaps december. Tom certainly some reaction in the market with the vix showing it bounced down under nine. The essence of the market is great. Chicago, is the quiet of the market tangible and real or is it a deceptive quiet . Think it is deceptive. One of the important things is you saw the capitulation for but september is ideal. They admit they like to see the Balance Sheet move. Said, we got a lot of policy uncertainty that is not being price to markets. It is amazing to me how much market ignore the noise f
Declined and is running below 2 . The forecast link which hasnt changed. Inflation is expected to remain somewhat below 2 within the near term, but it will, according to the statement, stabilize around the 2 objective over the medium term. He continues to strengthen in the labor markets, but june joby john gains, it has been stronger. Basically, this leaves investors with what they were thinking, a Balance Sheets move in september and a great move, if it occurs, push off until perhaps december. Tom certainly some reaction in the market with the vix showing it bounced down under nine. The essence of the market is great. Chicago, is the quiet of the market tangible and real or is it a deceptive quiet . Think it is deceptive. One of the important things is you saw the capitulation for but september is ideal. They admit they like to see the Balance Sheet move. Said, we got a lot of policy uncertainty that is not being price to markets. It is amazing to me how much market ignore the noise f
Loot theyre not protesting. Brendan still, many showed up yesterday and began cleaning up broken glass and other debris. Meanwhile, the Baltimore Orioles will play their game today against the Chicago White sox in an empty camden yards. The stadium is being closed to the public. The home series this weekend has been moved to tampa. In nepal, the earthquake death toll has now risen past 5,000. Authorities admit they dont know what the devastation is like in countries the countrys remote villages. Some areas can only be reached by helicopter or foot. The United Nations says more than two Million People live in severely affected areas. Medical facilities are being described as overwhelmed. Arguments are over now. The Supreme Court will go behind closed doors to decide the matter of samesex marriage. The court heard arguments yesterday. The chief justice directed the bulk of his questions at the samesex marriage opponents. Roberts told them, if you succeed here, there will nobody more deba