First time in 35 years. We start in the United States, where doug jones this week delivered a stunning upset by beating republican roy moore in alabama. That since the Republican Senate majority to just one. We were joined moments after the results came in. The roy moore campaign, his supporters we are hearing he will come out and address his supporters any moment now. But the republican majority in the senate is razor thin, down to one vote, the number of votes. Epublican can lose issues,e hoste of that is the only vote they can lose. With tax reform coming, this is doug jones will likely take office a week after christmas and before january 3. Tomorrow President Trump will meet on a Bipartisan Group of of lawmakers on the Conference Committee to finalize the details of the tax reform package. If republicans want to get this done by the end of the year, they have to do it before doug jones gets up to washington, d. C. Because of that razor thin majority. Republicans arent unified on t
We start in the United States, with a Democrat Doug Jones this week delivered a stunning upset by beating republican roy moore in alabama. That since the Republican Senate majority to just one. Kevin cirilli joint to myself as the results came in. We are hearing he will come out and address his supporters any moment now. But the republican majority in the senate is razor thin, down to one vote, the number of votes republican can lose. There are host of issues, that is the only vote they can lose. With tax reform coming, this is the bottom line. Doug jones will likely take office sometime the week after christmas and before january 3. Tomorrow, President Trump is going to meet with a Bipartisan Group of lawmakers from the house and the senate on the Conference Committee to finalize the details of the tax reform package. If republicans want to get this done by the end of the year, they have to do it before doug jones gets up to washington, d. C. Because of that razor thin majority now is
Most negatively correlated to crude oil since 2013. It is 8 00 a. M. Across the emirates. This is Bloomberg Markets middle east. I and Tracy Alloway in dubai. Lets see how markets are trading. 1. 68 afterg up that stronger than expected chinese manufacturing pmi. Composite up 1 . Sex up. Japans markets are closed for holidays. Speaking of holidays, it is a new year, but the same story for the bloomberg dollar index. It is slipping. 1 this morning. You have to feel for those dollar long positions. Crude, wti and Brent Holding onto gains. Wti above 60 per barrel. In saudi arabia, one of the few ,arkets open during the holiday wasnt feeling those positive. 2 . Ments, down almost lets check in on headlines. Debra more signs of strength. Aheadixin survey came in at 51. 5. Tations that 5 the reading will be welcome in beijing as they repair for critical battles with the debt, property, and pollution. Kim jongun has warmed the new the u. S. That its nukes are a reality. He said the north has
Getting a sense of where the chinese economy is heading, december pmi from the private side ties shin. This is the third couple of days we have had the numbers that of the official stat bureau. 9574 on the bloomberg terminal. You can see where we have come from the dark days of 2008 when everything fell off a cliff. 51. 6. I here, that number came in and the other day. 50. 8 whiching at reflects what is going on with the small and mediumsized enterprises. Showing we have growth and it is steady as you go for the time being. Untilutes ago to go trading in hong kong and 45 minutes until the thai shin numbers came out. A late opening today because of a big ceremony going on in the korean stock exchange. Fort of news to digest those market participants. Good morning. As seoul gets back online, quite a bit for markets to consider. Kim jonguns new years eve address. We have the latest data points for south koreas showing exports rose to a 60 year high. We are seeing it gaining about one thir
Good morning, everybody. Its 6 00 here in london. Year, if you are just rejoining us. The nikkei 225 just rejoining us today and the japanese markets just rejoining the new years freight. Up by. 75 on the nikkei 225. Thats playing catchup from previous days at the trading year so or but it follows on from you records on wall street, the gradual approach being referred by the fed if any conclusions can be taken away from the fed minutes yesterday and the biggest oneday increase in the japanese equity market may, partying like its 1991 apparently in japanese stock. U. S. Is the yield on the 10 year. Andreaction from the fed the prospect of higher Interest Rates. That was the case really through 2017. We did not get any explicit clues around a hike in march and some point to a change in personnel, clearly one of the reasons in the mix there. Oil,rice for a barrel of up and moving higher, up 5. 9 this morning. Now above 62 a barrel. The dallas fed has done a survey that suggest for many in