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Transcripts For BLOOMBERG Bloomberg Daybreak Asia 20180111

Mining fees set to surge after china crack down on bitcoin operations. Another day, another on bitcoin, right . We cant stop watching the cryptocurrency markets, but so watching lots of Economic Data. I want to just point out one that we had this morning. Jobless claims spiking tota threemonth high. Guys, take my chart. 5444, these numbers can be quite volatile. N september, those jobless on the backrose of the hurricanes. However, as you can see, relatively low still against the back drop of what weve seen in the last few years, isnt really any that there is a turnaround here in the jobs market. This tight labor market es to get tighter and tighter which means, of course, well continue to hiking rates. Yeah. That we n the fact past now eform what does this mean for companies . Saw walmart with news of raising the minimum wage to 11 per hour. Tight in the you cant t exactly add more jobs but aising wages, that will be ey, although ....

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