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We start in the United States, with a Democrat Doug Jones this week delivered a stunning upset by beating republican roy moore in alabama. That since the Republican Senate majority to just one. Kevin cirilli joint to myself as the results came in. We are hearing he will come out and address his supporters any moment now. But the republican majority in the senate is razor thin, down to one vote, the number of votes republican can lose. There are host of issues, that is the only vote they can lose. With tax reform coming, this is the bottom line. Doug jones will likely take office sometime the week after christmas and before january 3. Tomorrow, President Trump is going to meet with a Bipartisan Group o ....
This is Bloomberg Markets middle east. Im yousef gamal eldin. What a week we have had off the back of the fed decision, and a dozen Central Banks around the world. Here is how the u. S. Equity session closed off. The s p index, dow jones, nasdaq. This is on optimism about the proposed u. S. Tax overhaul. Theres also a lot more volatility, 74 higher volumes than the daily average. Theres another event feeding into this, quadruple switching. It happens every quarter, futures and options on indices and individual shares. Then the bloomberg dollar index, a story of a stronger dollar, up. 4 , a major move, a fresh session highend the fifth day of gains. The u. S. Dollar gaining compared to all of its peers save for the kiwi dollar, which led weekly gains. Lets crossover in show you the other key Asset Classes, relatively. U. ....
Billionaire, outspoken and unapologetic when it comes to critiquing his nations neighbors to the u. S. Administration. That is where i started my interview. I asked how he felt President Trump has done so far on delivering on campaign promises. Jerusalemask me about , this is a decision the most stupid and wrong decision that could be done. Jerusalem is not part of the United States of america. Muslims, the jews, christians, everybody. This is a decision taken by the palestinians, by the people, not america. It will not happen. Yousef do you think there is worse to come from the administration and the United States from the point of view of the arab world . You said from the beginning this individual is a loose cannon. Moret become difficult in terms of u. S. Policy . He promised a few things. He pointed to build the wall ....
5 billion this year. As donald trump insists he is the least racist person, the s minister calls him an asteroid of awfulness. This is Bloomberg Markets middle east. I am yousef gamal eldin in dubai. U. S. Markets close for mlk day. The Asian Session off to a strong start. The global map gives us the pulse. Gains in the hang seng, up. 6 . Asx 200 up as well,. 3 . On the foreignexchange side, a move in the mexican peso off the back of positive whispers around ,he future outlook for nafta the yen rising to a high against the dollar. Some of it on governor kurodas comments, but also Short Covering from traders. Interesting moves in commodities. The weaker dollar feeding into these trades. 1. 2 , leading the complex higher, even after china data missed expectations. Lets cross the board and let me show you other key asset ....