Earlier down about 0. 1 . Not so long ago down 0. 4 percent and perhaps of the continuation of yesterday selloff and loss of uncertainty to deal with and the headline that vicechairman of the Federal Reserve resigning and looking at that on the market in a moment. In terms of the underperforming relative to the nasdaq and it has the higher momentum stop that react more so on a risk offer and today is not really risk off but you would think so. Look at apple down after yesterdays 1 decline. Investors taking profits on one of this years top stocks and expedia is lower by 3 after , loadedvo trivago their full year profit. Nonetheless, one of the big drags and tesla is down more than 1 after nissan has released its first refurbished electric vehicle and seven years saying they will double cells and giving tesla a bit of a decline. An intraday chart and we are going to see the trend is down. This is about a 7 range and not too big. When the announcement came that Stanley Fischer is resignin
Secretary wilber ross are scheduled to meet in washington. Topic is trade. Cyberattacks. The countries, 200,000 the weekend. Other about who he was hit . We had people from Healthcare Telecom and Car Manufacturers manufacturers. In terms of france we had car to shut downad production at a number of plants this. To mitigate theres a disruption in germany on the trains and Telecom Companies reported some disruption in their services. Whenever a hospital gets thats a serious business. How sophisticated was this . Take patch out in march and put it on your microsoft, it fine. Be i think it wasnt too hard these people to mitigate once they were affected. Pretty easy to have taken some precautions that meant you were not going to be affected by this. Saw a number of companies that had not taken those precautions. Surprising. In term of sophistication of most people think it was not too sophisticated. We know thatlf, as the u. S. Oped by National Security agency. Anybody could use that tool t
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
Called recall. Shares remained suspended in tokyo. A change at nestle, dan loeb once more urgency as its fund builds up its stake in the global food giant. Bailout, mored imf loans as mongolia begins to vote for a new president. Thing whichther dominated the trading week, oil falling into a bear market, falling from the peak in february, down 20 . I want to bring this chart up, 355 i was going to bring it up, but we will not. It shows the oil price and its relationship with gold, should be a bit cautious out there. We will discuss that in the course of the program. Lets get over to shery ahn. We should be seeing markets in malaysia and singapore open, but they are on holidays with india, indonesia, and philippines. This session looks positive, the regional benchmark gaining with australia leading gains. Do keep an eye on commodities. We are hearing competition over rios coal assets intensifies, it could be upping its bid to match glencore. When it comes to commodities, keep an eye on c
As a deal between those to make sense . Those twodeal between make sense . Mark it looks red on the gmm function today. Stocks as measured by the stoxx 600 higher. You can see a lot of individual markets are lower. Currencies are falling against the dollar today. Bond yields are rising today. Flights toquality or riskier assets earlier. Brent crude up. A busy couple of days for earnings. Rbs in the news today. It will take a chance and salesing this probe into of Mortgage Securities in u. S. Before the financial crisis. The lender is continuing to cooperate with u. S. Department of justice. The timing of the settlement remains uncertain. Rbs has taken 6. 7 million of provisions related to mortgage investigations, further charges may be needed. It is among the final group of global lenders yet to settle in this probe at has earned them penalties the final settlement is 3. 8 billion. It will be well within the Market Expectations of between two billion dollars and 8 billion. On provided