Sliding Global Demand is increasingly hurting the mainland economy. Kathleen thousands join hong kongs biggest demonstration in months. The protests may drag on into the new year. Lets get straight to the market action. What are you watching . Sophie this monday, stocks in tokyo are gaining ground. The nikkei to 25 adding 0. 7 pipe 0. 7 . 225 economy the nikkei adding 0. 7 . The economy grew. Jesper sees a payoff in 2020 with likely massive boom in productivity. Checking on the yen, holding at about mid108 levels. We are seeing the kospi gain ground, up 0. 4 . The korean won is also looking stronger. We are seeing gains for the asx 200. There was a surprise resignation. We are seeing futures marginally lower this morning early in the asian session. A quick check on bonds. Keeping a close eye on 10 year jgbs to reach that 0 level for the first time this march. We are seeing dwindling demand on the short end as expectations fall for more boj stimulus in light of shinzo abes spending pack
Tweet me jim kramer the worst hit, tech especially the cloud plays that were roaring hard not that long ago. They were crushed and the worst part, i dont think that the selling is over. Yeah, anything that helps enterprises harness the power of the cloud had been on fire coming into todays session along with anything related to streaming content and thats because of the wildly successful disney plus, the new over the top service. Theyve been the big winners for several weeks ever since nvidia and splunk whats driving this new found weakness and how long will it last isnt that what you want to know im going to walk you through all the reasons so you know whats ahead first, its the beginning of a new month, right almost every new month especially after a very big run we get a period where large funds decide to take something off the table. Not a dumb idea. Given that no one was expecting this selling, witness the clueless pajama traders as of last night and this morning who were still bu
Pound nowing the euro the highs of the session. The cable rate coming in a little bit weaker. Joining me now, Stephanie Flanders here on set with me, and from london, guy johnson. Usst blush for you, walk through some of the results. Guy this is pretty much exactly as expected. The pound is barely budging on the news. The market is pricing and very little action from the boe going forward. It is very hard to call exactly what the outcome of brexit is going to be. I think weve got 10 basis points priced in on the downside by next march. Just 17 by the end of 2020. The market doesnt know which way to call this one. The bank of england is indicating that the risk of a no deal brexit has declined. When a new deal brexit happens, the risk to the economy will be lester medic than having been be lessd for, but dramatic than having been perceived before. The market finds it hard to find credibility. Alix particularly if they go the way of norway. You have to wonder how that works. Talking abou
An International Childrens agency said that they are refugeewith squalid camps in bangladesh. One in five children in the area is acutely malnourished. Global news 24 hours a day, powered by more than 2700 journalists and sin more than 120 countries. I am mark crumpton. This is bloomberg. Julia live from bloomberg World Headquarters in new york, i am julia chatterley. Scarlet i am scarlet fu. Joe and i am joe weisenthal. Julia we are looking at six straight weeks of weekly gains. Joe but the question is Bloomberg Markets whatd you miss . Ourlet we will speak with guest talking about Big Data Analytics from wall street. Illinoiss governor will join us in an hour to discuss how he is developing an education to entrepreneurship project and how that could get amazons attention. Julia happy friday. Whatd you miss . Momentuma theory that investing can produce severe your returns, but does it work in practice . The chairman of research noneiates says that outperform the benchmarks, and he joi
The flat line. Dow futures up by 9 points s p futures down by 1 point. Nasdaq up by 5 1 2 nasdaq up for two out of the last three sessions as Technology Stocks continue to defy odds. Oil prices dragging things down yesterday. You can see in asia, the nikkei down slightly. Hang seng was weaker shanghai was down by a third of a percent. In europe, in the early trading, already seeing some modest declines the cac is the biggest decliner, its down by a half percentage point. The ftse off by 0. 4 crowd oil prices sitting at a tenmonth low. 42. 80. Still below 43. The big stories were watching today anything that happens at uber is big. Its another departure it took a day, but its front page on all the papers today about travis so late it missed the papers. Even now, if youre interested, some guy named bill gurley, who you may or may not know, a venture canpitalist at benchmark who was behind the push to get ckalanick out, now e stepped down from his role at company. Gurley served as a board