Finish of the tuesday session, first trading day of the year in london and in switzerland, the lefthand column of this go function shows equities rising across the board. In greece, luxembourg, austria, switzerland, spain, belgium, currencies in the second column are falling against the dollar. What a quarter the dollar had, the last quarter of 2016. Best since 2008. Sovereign bonds is the third column, lets not forget the stoxx 600 is heading for a bull market. Minutes, the move from february last year through today on a closing basis. 20 . That is a bull market. In turkey, this tells you what has been happening, the dollar rising to a record high against the lira which is falling to a record low against the dollar, the biggest decline against the dollar among the worlds major currencies today, falling as much as 1. 6 . The killer of 39 people at an istanbul nightclub out large. Inflation accelerating more than expected in december, the annual , morebove all estimates than 3. 5 above
Seema mody. Good morning to you. Good morning to you. Happy to be here. Lets get to the Global Market action. 2017 has started on a positive note. Last week was a little bit lackluster, 2016 fizzling out. We saw about 1 of declines for the week as a whole. Big gains, though, for the year as a whole. The dow ending up 13. 4 . The s p 9. 5 , the nasdaq 7 . So seven positive years in a row for the dow. Lets look back at todays futures market. They are called higher today. We have a general riskon trade. U. S. Futures expected to open very prominently higher. The dow called higher by almost 150 points. Tenyear treasury note for you as well, quick look at that, had is at 2. 496 this morning. Not too Much Movement in bond markets today. More in currencies and equities. Still below the 2. 5 level. Global Economic Data this morning, a private china Manufacturing Survey rising more than expected showing a pick up in factory orders. This follows the official pmi figures over the weekend which sl
This falls on the heels of other cosmic numbers around the globe. On the manufacturing friend throughout the day, december ism Manufacturing Index rising at the fastest pace in two years at the 54. 7. That prices paid gauge i mentioned is that the highest since june 2011. We have been seeing stocks climb this morning because of the manufacturing numbers from around the globe, in particular out of china. 19,891 on the at dow, so short of 20,000 but we continue to watch for that level into the new year. Chesapeake getting. 75 of 1 and the numbers around the globe on manufacturing, take a look at the bloomberg. A look at the chart globally. At 54. 7, the purple line is the eurozone number, also showing strength in the chinese official pmi is predicted to kick up by a couple of different measures. Lending to some of the gains we are seeing in stocks around the globe. Also, we have been watching what is going on the commodity groups, specifically with oil prices as we do have these opec cut
Look ahead. Anna welcome to bloomberg daybreak europe. , live here in london. Manus going to rocket out for 2017. The bulls are firmly in charge for the moment. We noted a couple of little bubbles, one was the. Com bubble and over there is the 2015 hi. We are still 12 below the 2015 high on the stoxx 600. Its the banks that have really push this movement higher. The question is this, do you believe that earnings will be the driver for europe . Anna this is different from what these u. S. Stock market has been doing over recent years. Investors are focused on the positive and what donald trump might bring rather than heeding warnings from the likes of Larry Summers are worrying about higher Interest Rates. U. S. And you can manufacturing, german inflation data, all giving investors something to smile about. The u. S. Session into the overnight context, we continue to see the rally in global equities. In part driven by japan are backing the party for the First Time Since the new year bre
To be here. You are all heroes for making it to the show tonight. This is i have to say, this is an emotional time for us here in l. A. , because a terrible thing happened. I hate to say it out loud, but its raining. Water from the sky. Rained last night, this morning, or this afternoon. Which is making it very difficult for us to light our recreational marijuana. The traffic today was terrible. It was like every other day really, it was terrible. Rain is not something we take lightly here. When we have a bad hair day in l. A. , the governor declares a state of emergency. Its crazy. People dont know what to do. Its like when it snows in hell. And of course theres one group thats hit the hardest not the homeless. Its the people who suffer the most during a time like this, our local weather reporters. Were right in front of valley view school. That would be a problem if school was in session. School still out of session. The rain is starting to intensify a bit more. Well leave you here w