Hello from sydney, were just past 9 00 a. M. This is bloomberg daybreak australia. We are an hour away from the opening of the major market. Its just after 5 00 p. M. In new york, im betty liu. Over the weekend, the incredible news out of saudi arabia, the 11 of 11 ministers princes, for ministers, dozens of current senior officials. It was prince al believe in so all and his arrest that stunned the markets and pretty much every single senior head of state. He was arrested at his desert kevin. Making seen this prince a Huge Investment all around the world, particularly here in the u. S. By investorss about what might happen when the markets open, given this breaking news over the weekend. , the 50the him richest person in the world. These are some of the companies that he owns, at least a 5 stake in. Jd. Com. Apple, list, he is worth about 19 billion, but this seems to be consolidation of power by prince mohammad bin salman as he , orntially takes the throne consolidate his power ahead
He meets Prime Minister shinzo abe on the first leg of his asian tour im committed to achieving a fair, free, and reciprocal trading relationship. Two deals slide after sprint and tmobile call off their mobile talks good morning, everyone its monday and weve got some Macro Economic data in the form of the eurozone. Pmi for the month of october and it came in at 55 it was forecast at 54. 9. Just a tad higher than expected. Definitely a little bit of a slowdown compared to what we saw in september when we saw 55. 8. When it came to the german numbers we saw new orders, the fastest rate in 20 months. Really painting a picture of a solid start to the fourth quarter. The Italian Services growth number, that was the lowest in the year doesnt seem to have a huge reaction 116. 10 unchanged on the day. Lets show you whats happening in terms of the equity markets roughly one hour into the trading session and we are just modestly lower to the tune of 0. 1 we are still in the thick of the earnings
Worldwide exchange here on a monday on cnbc im sara eisen. Im wilfred frost lets go to the markets and show you how the markets are shaping up especially the nasdaq. That was a standout. Up a full percent after the dow and the s p also closed higher futures are under a slight bit of pressure. S p down 3, nasdaq down 3 as well as for the 10year treasury note yield we come off a week with a pretty solid jobs report though wages werent moving higher enough and an announcement of a new fed chairman and the tenyear yield still low. The tenyear yield went down. It ended from 2. 43 to 2. 33. Better data on the u. S. Economy. Thats why financials were the worst performing sector. Tech was the best. Lets have a look at markets around the world asian markets this morning are a little bit mixed performance as you can see hong kong slightly lower. Shanghai and japan doing well. European trade for you, another great week for the dax both france and germany ended at record closes on friday. Germany
The troubled former congressman caught sexting a 15yearold girl. And Police Officers outside of los angeles are being hailed as heroes, this is why. They pulled a 66yearold man from his burning car after he lost control. Five of those officers suffered minor cuts and burns. Those are our top stories on this monday, november 6. From abc news, this is world news now. We begin this half hour with the overwhelming loss for the rural texas town of Sutherland Springs. 26 lives taken in an instant by a gunman who opened fire, not only inside but outside of a tiny church. The shooter was an air force veteran who received a bad conduct discharge. He took aim at families who had nowhere to run from the barrage of bullets. You see the reaction in that tiny town. Among the dead, a pregnant mother of three and the pastors teenage daughter. More now from Courtney Fisher of our houston station. Reporter a vigil overnight for the victims of the Deadliest Church mass shooting in modern u. S. History. T
Good afternoon everyone. Welcome back from the break. We hope you enjoyed some coffee and refreshments. We had a terrific panel this morning and this afternoons panel or earlier this afternoon and this next panel promises to be just as informational and jam packed. So im going to turn things over to my partner and friend former ambassador to canada, currently a member of the u. S. And Global Boards of dentons. And just an all around good guy. Gordon. I hope somebody wrote that down. Welcome. Im biassed but even in the presence of my friend ambassador gary durham will claim this will be the most interesting panel of the day. And we even recruited an american to be on it. You were there playing an american i think, north american. So im honored to be here as the person facilitating this conversation. To my left physically but not idea logically is the former Prime Minister of canada, Steven Harper. To his left which may be true, im not sure, is the former speaker of the house Newt Gingri