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Good morning. This is bloomberg surveillance. Im Francine Lacqua in london. We have a packed show. , we talk infrastructure spending. Are joinede show, we by mark mobius, starting at 9 30 u. K. Time. We do have a little at a breaking news on oil. The iea just released the reports. The goal is to outstrip demand gain for 2018, this is interesting because it follows those cuts from a number of opec producers, including saudi arabia. The ieaclear whether expects demand globally to be a little stronger than we were expecting. This is the impact on crude oil after the breaking headlines came in two minutes ago, up 45. 87, down 1. 2 . It is fed, so i want to look at the dollar. The dollar is weakening for a third day. U. S. Treasuries are edging up. European stock markets are opening up a little bit higher following a mixed day in asia. If you look at the generic two year yield, that should be in red. We are trying to fix that glitch. ....
Where did the time go . We recap the last decade. This is daybreak asia, live from u. S. And asian headquarters. Betty i am betty liu in new york, it is just after 7 00 p. M. Yvonne it is just after 7 00 a. M. Here in hong kong. I am yvonne man. When itte dance we see comes to communications. We saw a little choreography over many different reasons. You have yellen, mark carney, the bank of canada, all signaling rate hikes are coming. Take a look at market moves on my bloomberg terminal. Doing damage control after the many taper tantrum tuesday. Markets not buying it. On the move, but not recovering the strike in yields. The euro taking a dip. We have the pound and the loony surging. Betty global tightening is just around the corner. Not more than three months ago we were talking about, what about the reflation trade . It seems it is losing momentum. Here we are, all sparked by these comments from the Central Banks. When will theis ....
Matt, and your most recent book, insane, president , youre right about President Trump quote, he is no ordinary conman, he is way above average in the american political system is his easiest mark ever. That was early in the campaign. I think that was it in march of 2016. It was just around the time that he was filling up the republican mom nomination. The the purpose of this article was to try to explain the trump phenomenon to people who were for the first time having to take it seriously and having to come to grips with the fact that this was happening. I took a different approach to trump and try to listen what his supporters were saying. My take on him was that he was a Brilliant Media manipulator and he was perfectly suited to play on all the weaknesses of the american political media. That turned out to be true. I wish i had stuck to my guns on that because i thought ....
For the worlds central bankers as they gather injackson hole wyoming for their annual meeting. Plus, dying with dignity, but at what financial cost . We look at the growing bill for end of life care. As part of our week long series on the business of death. Welcome to World Business report. Im jamie robertson. We start in the us Mountain Resort of jackson hole, wyoming. Population around 9,000, and normally known for the quality of its trout fishing. But today its also the focus of Global Financial markets, as it hosts an annual meeting of central bankers from more than a0 countries around the world. Top billing, of course goes to the host, Us Federal Reserve chief janet yellen so what will investors be listening out for . Well, for a start, any clue on the f ....
We will have more details. Everybody seems to be cutting prices. Wireless carriers, online brokerages, but costco is going the other direction and raising its membership fee. Investors not exactly happy about that. Stock is down 4 right now. We have both signs of whether todays drop is a buying opportunity for investors. Thats all coming up here. And making work cool again. Mike row, the former host of dirty jobs testified to congress about the importance of blue collar ones. He will join us live to discuss closing that gap. I always liked mike. Very nice man. Start with our interview with wilbur ross on squawk. Hope you saw it. Kayla tausche has highlights for us. It was a wideranging conversation, but much of it focused on trade because secretary ross said that the president has trade top of mind for what ross will be doing over the next four years. Getting rid of both tariff and what he calls nontariff barriers to trade. They sort of took a trip around the globe and explored the cas ....