Plus financial secretary. Were standing by for Election Results in argentina. The president is under pressure there. We will have the latest. Paul lets take a look at how things are shaping up in the market today. The straily just up and one minute ago. In as are coming online order in australia. Not a lot of action. Futures were indicating pickup of about a third of 1 . Futures for the nikkei traded out of chicago. They are looking slack right now. U. S. Equity markets are also pointing higher. Sytock global stocks back to the highest levels seen this year. Lets check in on the first word news. Su we begin with the california fires. Workingters are to contain blazes across northern california. This has forced the evacuation of 200,000 people. Homes have burned to the ground. This is driven by a windstorm packing 90 mileperhour gusts. Gavin newsom has declared a state of emergency with nearly 3 Million People without power as of sunday. The result of argentinas election is expected in
The japanese Financial Companies because we have the likes of mitsubishi and more, all releasing their numbers. Nomura also one we are tracking, given he reported earlier this week. A big interview earlier with the head of wholesale banking speaking about the outlook for japan. He sees the japanese yen strength coming back so perhaps a question around whether boj moves with the policy settings. He also sees the 10 year yield exceeding 1 . You see continuing yields ticking higher. We are around levels we have not seen going back to november of last year. Equities wise you have optimism but that very much tracks the wall street day given we saw the s p 500 pushing higher ahead of the u. S. Inflation print. Haidi take a look at the day after the budget. The big headline is after back to back surpluses, the budget is set to swing back into the red. A lot of this has been funding for legacy programs were left unfunded by the previous government. Some of this also comes down to some of the s
Prompted widespread fears and borrowing has prompted collapse. Fears of and, information sought on accounts involved in the elections. We have struggled to hold onto the gains we saw earlier this morning. Today, the u. S. In the red. The only sector still up was technology, but barely. We had that rally, but tech lost ground based on some of the details on the tax reform bill. , want to pull up this chart 879. It shows you how investors have been anticipating the tax bill will be bearish for tech stocks. Shares underperforming since the end of november as more details that come out on tax reform. David it has become a real problem, especially in asia. We have been down for seven days. Four of those dames with the kleins of more than 1 . It has been a drag. Declines ofhose it more than 1 . It has been a drag. Lets look at markets in new zealand, kiwi dollar underwhelming. Gdp,straight come big day, rba Rate Decision not to do anything,. 1 . Yields lower, bonds up, aussie dollar unchange
Global news 24 hours a day, powered by more than 2700 journalists and analysts in over 120 countries. Im a alisa parenti. This is bloomberg and bloomberg technology, with emily chang is next. Emily im emily chang. And this is bloomberg technology. Coming up, more fallout spreading through technology here in microsoft says it has a fix, but it may impact performance. Last, more highlights from our coverage on the ground. You will hear from carlos ghosn, ceo of Renault Nissan and sony a satellite launch from spacex, the satellite goes missing. First to our lead. The continued followup fallout concerning the micro sit microsoft chip flaw, may. Ignificantly slowdown servers suggested slowdowns could be more substantial than indicated. Also temporarily areended updates that freezing or not booting up as a result of the fix. Intel ceo tried to assure people that there data would be safe. Security is job number one for intel and our industry. The primary discussions have our customers data sa
I am paula murphy. I lived in San Francisco for the past 25 years. For the past 10 i have been playing tennis in San Francisco mostly on public courts. Jumping off what peg said i want to focus my comments on what a huge benefit having lights at golden Gates Tennis Center will be. Imagine you work for a living, which i think most of us do, that you cant afford to be a member of the private club, and you play doubles. Mosmost of us of a certain age y doubles. You know, what are your options for playing tennis other than weekends . You get into your cars or on your bike or whatever, Public Transportation and go across the city and all four of you meet there and you just cross your fingers and hope that nobody is playing. Often times there is someone playing, there is people waiting. Then you decide, okay, are we going to wait two hours and stand here or try to go somewhere else . Then you all get in cars or on your bike and go somewhere else and hope the same situation doesnt await you.