We are on radio and television ,fx tuesday and were looking at markets. Teachers are 25 and or substantially lower than 24 hours ago, dow futures 160 in the vix was in 18 level. Away from the markets, foreignexchange is a litmus paper for the system this morning. Lisa the dollar is front and center and has been but giving but getting back a little bit of it. When we talk about dysfunction in washington, d. C. Is the dollar. The currency of the nation, are we at a breaking point . Tom its a theme we will go through today and lisa has an edge on what im doing. Each pair and the triangulation of foreignexchange speaks to what we see in the bond market. We will do it in the data check today. Lisa you buried the lead. We had an argument about much gloom as warranted, something that always happens in this time of year. It feels different to me. I think yield space feels difference different because there is a backdrop of what it means if you have rates that can keep climbing potentially to 7
Has made it at the top of my board. 10,000. Jonathan im not an idiot and i am not trying to call the top. Alix it will be a topic of conversation. David there are some things going on inside the business emma chandra is here with first word news. Emma it is the Biggest Online shopping day of the year in the u. S. Ecommerce is expected to rise almost 17 from the year ago to 6. 6 billion. Online spending across the Holiday Season is projected to rise 11 , the most ever. Germany is edging closer to getting a new government. Chancellor Angela Merkel has began negotiating with the social democrats over a potential partnership. She says any Coalition Partner would have to support a balanced budget and probusiness policies. And there will be Royal Wedding bells in the u. K. Next spring. Prince harry is engaged to american actress meghan markle. The announcement came when his father, prince charles, puts him fifth in line for the british throne. Global news, 24 hours a day, powered by over 270
Eurodollar, 1. 20 two. A lot of the conversations today will focus on the dollar. Im looking at gold for a second day, down a touch. Coming up on bloomberg surveillance, we talked doing business in italy and natural gas. Later on, we also speak with margaret from the World Economic forum. She joins us to talk global risks. Plus, janet henry talks trumps first year with us. She the global chief economist there. Lets get to the bloomberg first word news. Heres nejra cehic. Nejra the u. S. Secretary of state offered a sobering assessment about the possibility of war with north korea. Madeillerson said advances the situation very tenuous. He was speaking in vancouver, where top diplomats gathered to explore new ways to enforce sanctions. North koreans know our channels are open, and they know where to find us. But a sustained cessation of threatening behavior is necessary indicator of whether the regime is truly ready to pursue a peaceful diplomatic resolution to the Security Threat it has
Firms must not and can not tell workers what to wear. Johanna konta has been knocked out the Australian Open. She lost her quarter final to Serena Williams 6 2 6 3 in just over an hour in melbourne. She was the last brit left in the competition. Also this morning well be hearing a toy story with a difference. Which ones yours . I would say this is lego, this is not. Ok, this is lego . This is lego. Well find out how one of the worlds best known brands is counting the cost of counterfeits in china. And carol has the weather. Good morning. Once again today with starting off with some patchy freezing fog and it is particularly dense across parts of the south. Its also slippery underfoot so take extra ca re. Its also slippery underfoot so take extra care. There will be some sunshine around today, also some drizzle and strong winds in the north west. Ill put all that together in 15 minutes. Good morning. First, our main story. Mps have stepped up demands for the government to publish its pl