Explosion. Welcome to surveillance. Inm yousef gamal eldin dubai. Of, the riskon strategies it, but there is an interesting picture that is emerging here, the talk of a u. S. Capitol gains u. K. Jobsx, showing numbers as negative as they came through. That is being taken in stride. Up one point 72 on the stoxx 600. Real estate lagging. Now on a german data. Treasury drifting into a volume. 10year yield into a twoweek ,. 005. Commodity currencies have been advancing, but you are in a narrow range for your g20 peers, and gold at the moment, we are 1995 announce currently. Thes get now to some of other key stories we are following for you with bloomberg first word news. Leighann gerrans has it all. Leighann good morning, yousef. The number of britons out of work has dropped from april to june, and the figures highlight the economic shock facing the u. K. That is expected to escalate as the government gradually starts withdrawing wage support. Seriouslysays he is considering cutting Capita
Significantly. The latest on that story. Also, saudi arabias ambitious reforms. Movie theaters, yes, and so are fuel price hikes. It is 8 00 a. M. Across the emirates. This is Bloomberg Markets middle east. Inm yousef gamal eldin dubai. Ahead to Central Bank Decisions from the fed and ecb. That is determining the tone of a lot of trade at the moment. Jump into the bloomberg with me for the Global Markets map for the pulse in the session. Pressure, indices losing steam, especially the kos pi. The kiwi dollar, the spike we saw, resuming its charge, up. 25 . Overall an interesting picture developing ahead of key events. To some of over their Asset Classes as we warm up and prepare for these meetings. Gold up. 10 year paper steady at 2. 38 . Note on cable. That is holding on to lows. Hat is the lows of the month a lot of the energy from the weekend dissipated quite a bit. The one we complied volatility is the highest in two years. Looking ahead to the anc conference on sunday. A quick note
Fourth term as chancellor as the social democrats vote to open Coalition Talks. In improving picture for emerging markets. Behin what isr tells us behind the outlook. This is Bloomberg Markets middle east. Inm yousef gamal eldin dubai. Global markets showing they are willing to take the u. S. Government shutdown in stride. Assets weaker with korea and japan driving losses. Australian shares unchanged. Advance on optimism for the euro. It is not a pop. It raises the question about the massive eurodollar positions out there. The dollar index pretty much unchanged, still close to a sixweek slide that shows no of relief in the shutdown. Up. 5 . Urrently we had commentary from the most par 4 Energy Ministers in the world and will get you those interviews in the program. Old lower the big move in the emerging market fx space has been the 12. 12 offd trade at the news that jacob zuma could leave earlier than planned and transition plo power in a you new administration. Lets check in on first