Sectors in the region and everything is up with everything, gold and energy on the back of the pullback, not just oil but gold prices. Up 1 across the region. Tech up 2 . I hope you went long this morning. It sets us up quite nicely. Ended. Over and the nifty futures are up to we regained a 12,000 level. We have set the basis pointed out earlier from him by which we will get back to when we get this market up and running. You are seeing strength in the currency. We will get you the open in the rupee. All things equal, very good session for risk affects this thursday. Su keenan is up. Su we start with the latest Economic Data out of china, consumer inflation studied in inember steadied december. The price index rose 4. 5 last month, smaller following a similar gain from november. The Producer Price stabilized. Novembers than decline. Survey shows Global Growth will pick up modestly between this year and next. This despite the easing of trade tensions. Will be marginal acceleration, give
Worlds largest plane maker surpassing boeing. Questions mount over Carlos Ghosns escape his lawyer will hold a press conference on january 8. Good morning, everybody. Happy new year and thank you for tuning in to cnbc. On january 2, a lot to get through today. We are getting the final eurozone manufacturing data for december that comes in as a whole higher than the flash estimate coming in at 46. 3 versus the initial estimate of 45. 9 the manufacturing down turn deepened towards the end of 2019, we are seeing signs things are beginning to stabilize at least in the right direction in terms of individual countries just before street signs started, we would have had the final manufacturing numbers that came in at 43. 7 versus 43. 4. Germany is one of the reasons. The ago ra gat number is higher and france coming in in italy, coming in at 46. 2 versus the estimate of 47. 6. We are looking at better numbers for germany and france, worse for italy. On the whole for eurozone, the numbers are
The next governor of the bank of england. He is no stranger, 30 years of experience in a range of positions. Francine lacqua joining me now to take over hosting bloomberg surveillance. About his experience of Monetary Policy, the economics of the u. K. , and on the regulatory side, and reflecting on the brexit experience, even if many people point out a lack of Monetary Policy setting experience. In terms of market reaction, we do not expect a lot of reaction. Our colleague was pointing out he was widely expected to be the next governor of the bank of england. Move on the ftse 100, equity markets not moving far. We do have confirmation on who the next governor of the bank of england will be, and mark carney has extended his term to the middle of march. Francine thank you so much. Welcome to bloomberg surveillance. Governor of the bank of england will stay until march 15. Andrew bailey is to succeed mark carney. Bailey spent three decades at the bank of england as Deputy Governor. Lets
Investment committee is ready to go Halftime Report starts right now. Welcome good to have you with us on this thursday, the first trading day of 2020. Our Investment Committee here today. Lets begin with the markets its the first day another record setting day for the major averages there you go right now dow off its best levels, not by much new record high, 28720 nasdaq back above 9000 s p 500 positive as well the russell is a drag. But for the most part, its the same story semis hitting fresh new highs. Apple extending its record high. The beat goes on. What im particularly excited about are the International Charts i know a lot of american investors say what do i have to Pay Attention to that for . Its note worjnoteworthy were g with countries in europe up around 1 , looking better than our markets. Germany is up over 1 . European banks this morning as a group are up 2 . European Technology Names as a group are up 2 . This is noteworthy emerging markets is up double what the s p is
Remain on pause. The consensus is no need for a rate move next year either. Theres still risks to the downside, but they have lessened. The worlds biggest ipo opens with a bang. Some major banks announced changes and cutbacks. They have to meet the efficiency targets they set. The eu unveils a plan to go green that has some businesses seeing red. Taxation does nothing for the environment. Its all straight ahead on bloomberg best. Hello and welcome. Im Rosalind Chin and this is bloomberg best, your weekly review of the most important business news, analysis, and interviews from Bloomberg Television around the world. We start with the day by day look at the top headlines. Another week began without a trade deal between the u. S. And china, and fresh data releases show the trade balance shifting between the two superpowers. X exports unexpectedly fell last month as Global Demand continues to wane and a trade deal remains tenting lysing like tantalizingly out of reach. What happens with tr