Cash trade is less than an hour away. Here are your top headlines. Republicans unveil a 1 trillion aid package to bolster the u. S. Economy. More direct payments to americans and Liability Protection for businesses. Keeping the borders close. Bloomberg learns the eu is set barriers to travelers outside the block amid rising virus infection rates in spain and germany. Plus, better than bad expectations. Michelin reports operating profit at the highend of estimates despite swinging to a net loss. The delivery here was one of the big delivery hero is one of the big winners. Dont miss our interviews in this program today. We are seeing the ecb, breaking news. The ecb asking european banks to freeze dividends. You can always get the latest ecb headlines on your terminal. Type ecb go for a great dashboard. The ecb is saying it wants european banks to freeze dividends for the rest of 2020. The remaining four months of the is saying ite ecb least not pay at dividends until january 2021. There
Yesterday, were up the inflation rate as well. They saw exports came in at 13. 3 contraction. The headline number, 16 point 60 contraction. 16 contraction. Tom the question is whether on the fiscal side they will need to do more. The markets. N with a mixed picture in terms of sentiment from investors. You have got some significant southgs in japan and korea. The asiapacific almost back to the prepandemic levels. 169 is what you are looking at. Over on the mainland we have got red on the screen. The shanghai composite is down. Mike pompeo talking about attempts to really divide the internet and the tech space between the u. S. And china. The foreign minister saying he wants to avoid a cold war with the u. S. Got earnings now, looking at those shortly. Seeing gains of. 3 . Looking ahead to jobless claims. The private numbers were a big mess. Jobless numbers later in the u. S. And then the perils friday. Atcan move it on and look the individual stocks. It is earnings season. We have had
Month amid tighter capital controls. Stronger chinese currency and resilient economic growth. Betty looks like were starting the second week in january on a pretty strong note after the jobs report on friday. Great story on the bloomberg talking about the early days in january, how that might indicate markets later in the year, about two thirds of the time the first few days in january are usually deposited pretty positive in the u. S. Market. In 1987, we had the strongest january start to the markets, and you know what happened in 1987. Dark days. I dont know if that is any indication. Yvonne and its a big week when it comes to data from the jobs report, which was a bit of a dud. Inflation seems to be the new jobs report that all of the bond markets and traders are looking at. If we do see this pickup in inflation, what is that going to mean for equity markets . Will we continue the goldilocks scenario as we have been talking about for 2017, that will be key. Betty that goldilocks sce
Current chair. Will the gdp switch sway . 4 00 a. M. In london, this is Bloomberg Markets middle east. Im yousef gamal eldin in dubai. Davos, you likely have time to go before that. Off and away, especially given where you went stocks have been trading. Another fresh sense of records set. Its written you lets run youth group key Asset Classes. Outflanking some concerns we got out of davos. Worries about protectionism and possible trade as well. He was dollar index, down 3 10 of 1 , a threeyear low. U. S. 10 year yield 2. 66 as it. Tands gold a little bit of an upside, weaker dollar feeding into that six weekly gain. Lets go to global markets. Turkish stock story, up one point 8 of muted reactions to a border offensive when it comes to syria, and the ongoing appetite for yields in the emerging markets. Up 1 10 of 1 . To 759 lasty 12 week, the highest since september. Discounts, the smallest in five months. Dollaryen the other big pop in majors from the currency front,. 08. 58 we will ge
Good gains across the board. We are having a look at what is happening and bringing up 5120 if you are a bloomberg user. Asian stocks going toward their best year since 2009. Asiapacific stocks outperforming globally speaking, the turquoise line, with europe doing well as well. And the american equities market looking like that. So over there come all of this is in u. S. Dollar terms. And this comes as fastgrowing market like china and india move, but each of these have the potential political crossroads. Some might say a high be to place. If they can go up. If that does happen, it could result in a cute pain accute pay for asia. This coming through for some of the market parties out there. Just under a half hour before we get underway in hong kong, but startinguala lumpur their session. What have we got . No pain so far with the asian equity markets, busy with success, that was the title of the chart you showed us. Checking stocks on wall street, good vibes putting asian equities on c