Francine a very warm welcome to bloomberg daybreak europe, our flagship morning show from london. Manus were waiting for a couple set pieces. Credit suisse getting those numbers. I think it is the resignation well spend time on in terms of the sentiment. These markets are still rallying. Me bring you these moving parts. The dollar extending losses, and some will be seeing a little bit of that, reacting to Michael Flynn resigning from the National Security advisory. Thats the sort of line you can draw. It seems a bit tangential. Does this tell us anything about trumps ability to implement policy . Manus mitsubishi would say its a little bit of a moment for the dollar, but its not exactly going to pound it into the ground. The damage to the dollar from the resignation will be moderate and limited. The chinese data, as you said, has that reflation headline driving the aussie dollar. Business confidence is the highest in more than nine years. Anna exactly. Double punch for the aussie dolla
Ecb rumination, digestion, whatever you want to call it. Interpretation is more positive. Stocks rising to the highs of the session with the nasdaq. Eading the gains a continuation of the upward trend weve had ever since february 11 when we had stocks make their bottom thus far this year. March setting up to be a pretty positive month so far. Map, a gain for the month of march of about 4 . That would make it the best month going back to october, breaking what has been a bumpy streak for u. S. Stocks come even though stocks were higher in the month of february. Also come in terms of todays sessions, the big gains we are seeing on individual basis here on a mixed bag between credit and financials. Wells fargo gaining along with the financials today. Weve seen this optimism that the ecb action will be helpful to banks down the road. Largecap technology rebounding as well. It is going along with the market on most days, helping lead gains and losses depending on which direction stocks go.
Know, the tenants, housing clinic and the housing organizizers, you guys are part of cot and you are part of dbi in a way, you are a contractor with dbi to do some tenant work. And so, while i applaud, the staff for going on the website, if this question, you should not have to go on the website, you should be run ng here or making phone calls to the department and saying, what is this permit . What is this permit for . For, you know, changing it back into office space or whatever, and so that is the other thing and the other thing is, i am not against, going after that backlog of novs i think that we have to have a better approach. And i would like to actually raise the discussion, but that is for a later discussion for this body about moving things quicker. It is good that the legislators and i am sorry that supervisor kims aid left. But in some ways this was inhe inevitable. You cannot to me, allow, all of these commercial property to go up and now the owner is making a market decis
Please. Hello, im a resident on Market Street for 9 years now. Im an after the i work at ribbon grocery. We had a meeting last night the tenants showed up and this was rep buildings were meeting again next week and were very active because this issue is very, very important to us. Many of us want to stay in our residents. We want to stay there at the current rate. So we do want to thank dbi very much. I can speak for myself for helping us with the light rail situation that was a roadblock. I do have a question although because depending upon how many improvements that the Building Owner is made to require to make if theres a certain dollar amount it all of a sudden becomes involved im not understanding what the dollar amount it im concerned about the situation can anyone answer that question. Again we want to thank dbi for the work theyve done so far with the break through. Weve had a lot of Media Coverage were state law still talking about to the San Francisco weekly. We need your hel
European headquarters in london. We have all angles covered on the alibaba story. Alibaba makes it official. The Online Retail giant has filed to go public in the u. S. It will be the biggest Public Offering the world has ever seen. Ferro. Joined by jonathan lets start with you, john. We have this billion that they are talking about, but nobody believes that. As 20ould be as high billion. We are expecting a filing and here it is. The price of the shares, how big the offering will be. Around 250e volume, billion last year. That is more than ebay and amazon put together. How on earth do you value this company . We also know a little bit more about these billionaires involved. Huge personalities. Be the poster child for the hero of liberal arts. His parents were singers. He taught english. Business wasnto something new. He failed the teachers exam twice before he exceeded succeeded. There are some Big Companies involved here. Yahoo has a huge stake. Softbank, a huge stake in this business