Than 100 people are injured. The rocky city of cook cookies on the cook, few off to bond and protest tension is growing over. Government tends to hon. The security building to local authorities. The nation has your back will be with you until the job is done. And us present, joe, by the visits florida to get the 1st 10. Ok, the damage close by heart and the how the, the 10s of thousands of them is a coast to pull, which is a camp outside the military base and the capital demanding. The departure of hundreds of french troops were relations between the air and the former colonial power of frogs have deteriorated since present how many position was forced out in a crew into not ok with interest reports from the protest in the army. They took the Security Forces by surprise. The protest should, for a late afternoon, began 5 hours early at the entrance to the military base, demonstrators tried to force their way reinforcements quickly quoted, on the confrontation with french troops. The mos
Scarlet speaking of next year, reporters considered the future of investing. The availability of stocks to choose from to go long or short. Realized whyhave should i pay for an active manager that is not beating the market . Scarlet while investors, ceos, and policymakers share their insights on the here and now. Dealing with the technology shift is much easier than a Business Model shift. Imf or believer in trade. I am a fair believer in trade. Trade is good for both parties. We are beginning to see a return to stable markets. Scarlet it is all straight ahead on bloomberg best. Scarlet hello and welcome. I am scarlet fu. This is bloomberg best, your weekly review of the most important Business News analysis and interviews from Bloomberg Television around the world. The week began with a big step for bitcoin as traders were able to buy and sell futures for the first time on sunday night. Bitcoin has landed on wall street, literally with a bang. Futures on the worlds most popular crypto
Im Francine Lacqua. Manus im manus cranny. Shall we get into this breaking did . Francine we have some european encompass it pmi. Composite pmi falling to 52. 5. Analysts were forecasting 52 5. 5 manus the eurodollar declining. Germany missed on that as well. For the compass it for the whole of europe, it also missed. Francine actually the services pmi fell more than the manufacturing pmi. Lets bring and stephen morel. Great to have you on the program. When you look at the pmi, how much do we care about this . We are still so worried about greece worried about what happens with the debt relief and we are lori that italy may become the next greece. Pmi meh . Stephen if you look at the composite pmi there has been an improvement over the last six to 12 months. Their something that becomes an issue as well. The nature of the euro. Its a q. E. Currency. The balance of payments data suggest significant outflows. If you look at the net errors account, there are clear signs there. Of capital
Lost more than 1 trillion in market value. And an 8. 5 drop in shanghai last night. Wiping out chinese gains for the year. Jim, what is the story today . I think it is china. What id like to do because its a terrible market. It reads something that is in keeping with that. I sent tim cook an email trying to understand covering apple because that is a crucial part of it. And tim sent me this this morning right before the show. Ill read it. As you know, we dont give mid quarter updates, and he rarely comment on losing apple stock but i know your question is on the minds of many investors. I get updates on china today including thing and we have continued to experience strong growth for our business in china through july and august. Growth in iphone has dproen and weve had the best performance in the app store over the last few weeks. I cant predict the future but our prediction is reassuring. China presents an opportunity over the long term and the growth of the middle class over the nex
The s p up by 3 and nasdaq up by 15 this comes after all the markets looks looked very strong yesterday. The dow was up by 260 points s p was up by 26 it was a record close for the s p 500 and thats its first since august 7th the dow closed at a onemonth high take a look at whats been happening in europe this morning. The gains we saw yesterday as concerns about irma faded a bit and, again, some concerns about north korea not quite as potent as they had been as we headed into the weekend this morning, it looks like a bit of a mixed picture in europe most of the major bourses are higher with the dax up by. 5 and a similar gain in france the ftse is down by about. 2 . Lets flip the charts and see what happens overnight in asia youll see when it comes to asia, there were some closes actually, lets go excavate to the currency check it looks like the dollar is down a little bit against the euro today. Below 120 for the first time if in several days. 1. 196. Dollar is up against the yen, 109