Live at from bloombergs u. S. And asian headquarters. I am betty liu in new york to read it is just after 7 00 p. M. 7 00 a. M. Ust after here in hong kong, i am shery ahn. You see equity markets in the u. S. , relative calm to trumpet dismissing his two advisory boards. The u. S. Dollar did take a hit, especially from the fmoc minutes worrying about inflation. Hold we did see them gains after those minutes came out. On a day it should have been the minutes at the top headline, but it was what was going on in washington with President Trump. Not war with north korea but with ceos in his own backyard that dominated the headlines. Beene meantime, i have surprised by the shield of armor it seems u. S. Equities have. Reactiony movement in to some of the turnover turmoil we see in washington. Tish open in asia . Shery yes, investors have a lot to digest. Of that, the barrage of data we are getting from japan, australia, the philippines, singapore. , nota look at new zealand doing much after
Corruption verdict. That verdict is going to be closely watched in south korea. Markets are waiting with bated breath, on the fed speakers at jackson hole. Be payingen will attention to tomorrow here in the u. S. There were some jitters in the markets. Ceilingk about the debt rattling investors. The dow off 30 points. Off 1 . Aq also s p down 2 10 of 1 . The declines are there but not as much as you might expect. Most investors are on the sidelines awaiting janet yellen and her comment. Yes. We are pushing pause. Talku can say anything to down that rising euro. In asia, prettier than brawl wall street. We have rallied for eight of the past 10 sessions. It has been a decent two weeks but we are flat for stocks. The kiwi, two days of losses. Spikes may continue to exit if we break below 72. We are just at a whisper from that now. And markets not going anywhere. We have been stuck in this tight range for three months. Mostly we will see any kind of breakthrough. 79 for the aussie. A key w
Shells profit slides but the oil maker out maintains its outlook. Confidence signal [inaudible] we are talking to the ceo, the first here on bloomberg. And the fed. Sitting tight. Taking a waitandsee approach as it awaits clarity from the white house. Avp [inaudible] we are less than half an hour from the European Equity market. We will focus on all of the news as we work our way through. Weis start off with the screen. It is pointing to a negative stock. London looks like it will outperform a little bit. 4tinental markets down by of 1 . Lets show you what is going on around the world. The big story this morning is what is happening with the dollar, the dollar index, the bloomberg dollar index is softer and the and is trading at 112. 69. Up by around. 4 of 1 . This is what is happening with the bond yields. Have gotten more liquidity coming through. Yields climbing, prices are selling off. Lets get back to the real news, lets find out what is happening around the world. Deutsche bank s
Rebuild relations. Marketshis is bloomberg middle east. We just saw the end of the First Quarter in the u. S. And europe. Lets take a look at how markets performed friday. Cautious tone. People usually dont want to begin building new positions. Stocks hiteuropean 600. About 0. 5 up. Take a look at what happened. 5. 7 over the full quarter. Best quarterly performance since 2015. Again, look at european stocks. Up almost 5 . Pretty amazing. Yousef it has been one of the quietest quarters in a long time. There has been plenty of action. Two hours away from the opening of the emirates market. Thegy weighing in on broader sentiment. Pretty much unchanged. Strong gains in consumer discretionary. Also, utilities. The weak spot, material stocks. Helping to push to buy forward to read first bank of abu dhabi dubai forward. Showing dividends in kuwait. Clouding the picture. Cross over gears and some of the key assets we are watching. What a magical number, up 0. 75. What a quarter. Who would hav
Has a few more steps to unlock a 12 billion loan. This 5 00 a. M. In london. Welcome to the program. What a dramatic few days it has in for the british pound. Losing as much as ex. 1 . Lets look at a chart i have crafted for use or you can look at the scale and scope. Fall in theing at a span of two minutes. A 31 years low, the biggest fall its 2009. We are looking at the numbers, the data. There was a dry patch in liquidity. The rhetoric on the socalled hard brexit playing in as well. Underscore and, you know what, this is not something you would ct in a we are also seeing hedge funds increased net positions to benefit. Mark carney from the bank of england, asking the markets committee to review the events crash. Ding the likely to dominate much of the conversation going into this week. Lets see how markets closed in the red states. Stocks slipped friday, adding to the first weekly decline in four. The s p 500 was the biggest down come out 0. 3 . Biggest drop, at 0. 3 . The implied pr