30 in the u. S. In the second quarter. It is looking to be pretty dire right now. The nikkei seems to be the outlier given that they were closed on friday. Haslinda taking a look at where we are right now. We talk about how we are down 3 , the selloff making chinese stocks pretty cheap. At least 20 low the 10 year average. Sti down about 70 . Singapore allies, that stock is slumping after canceling 90 of capacity. Year to date, down about 33 . Crude currently down about 1 on in termsof a 23 slide of crude prices just last week. 1500, way off from what we were expecting late last year, inching toward 1800. Yvonne lets get more context with our Bloomberg Markets coag or, david ingles coanchor, david ingles. He is at home. What stood out to you . Boj firsthad the expanding more than it was originally planning. New zealand with the big announcement this morning that they are also planning to undertake some sort of qe as well. Australia has also widened the scope of its bond buying operatio
Labor unions in africa are warning of a brain drain to europe. This is state of your business im going to office in berlin welcome asian markets mostly steadied on monday after the coronavirus outbreak triggered the worst week of losses since the 2008 financial crisis last weeks rout was reversed slightly as bargain by is moved in and investors bet on Interest Rate cuts shanghai lead the pack gaining 3 percent japan rebounded from opening losses after the central bank said it would provide support for the regions gains came despite chinese Industry Data which showed manufacturing fell and said here it to its lowest level on record. Now lets go straight to our financial correspondent only bots in frankfurt only the markets in asia are recovering is the worst behind us or is that virus going to keep us busy for a while. I think its going to keep us busy for a while i hesitate to say that the worst is behind us or that theres more to come i simply dont know i can only point to the fact th
With the sport for just over 7 months to go with each hi carolyn pigs is hit with a radiation scare plus a former australian rugby player reaches a settlement i have unfair dismissal antigay social media. Lets get going nato leaders shot into a meeting right now near london as they search for unity on their future direction the alliance has been labeled quote brain dead by the french president emanuel macro and they have been disagreements over money and the ongoing war in syria the us President Donald Trump and the french leader miss your macro in particular have disagreed on several points doing so very publicly in a combative News Conference on tuesday turkey has also threatened to block a major defense plan which could undermine the alliances role in the baltic region which Prime Minister Boris Johnson used his opening speech to push a message of unity. We are rock solid in our commitment to nato and to the giant shield of solidarity that now protects 29 countries and nearly a 1000
Uncertainty on the phase one trade deal, and concern over escalating violence in hong kong dull markets. Conservative election candidates support the Prime Ministers brexit plan. The first headtohead latest debate takes place later tonight. Welcome to bloomberg daybreak . Rope 100 protesters surrounded by police in hong kong. We have learned the schools will be open wednesday after carrie lam says she wanted a peaceful to to the University End the university standoff. Seng isingly, the hang in the green. Other markets like japan declining. A number of reasons being put forward to that. Chinese funds be stepping into support that market. Rba minutes were taken quite devilishly by the markets, spurring rate cut bets. We did see dollar weakness after the meeting between President Trump and jay powell. U. S. Equities is what we saw. Still question the direction and possibility of a phase i deal. It slips another basis point. Crude on the back foot with concerns around rising stockpiles. Ge
Thats why we were talking about the inverted yield curve a couple of days ago, also on deck windham chairman Steven Holmes and Deputy Director and financial ceo chris garcia, cohost of the 5 on the Fox News Channel Juan Williams and Washington Examiner chief Political Correspondent Fox News Contributor byron york. The European Central bank with policy measures to stimulate the economy from wall street journal interview with top ecb official and incredibly wild week of trading, the dow experiencing big fluctuations, you are seeing it yesterday morning when dow futures were down more than 200 points back flipped back, gaining nearly 100 points. Take a look at three market gauges this week, third down week in a row, you see how much ground the dow would have to be to end in territory. We saw bond market, i dont want to say panic signals, signals that we havent since in a long time since 2007 with inverted yield curve and i was at the Stock Exchange the yesterday and the day before walking