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that for them. demand for private planes has dried up and it has become cheaper to buy from abroad. you think ofhat our top stories. follow me on twitter at #ishaadtv, and use that trendingbusiness. what is the mood like? david: caution at the moment. since u.s. markets reopened, expect trading to be range bound up to the jobs report, which could change the game. japan leading declines at the moment. the biggest one-day drop for shares in tokyo in a month. unsurprising given the strength in the japanese yen. south korea down a 10th of 1%. higher,ers revised 2.8%. some data out in the next 30 minutes or so. new zealand largely unchanged. just over 2200ng announce in the price of milk coulk. note, singapore with pmi data tonight, expecting 49.70. top optimists. remainthese indices to range bound. caution is the name of the game. have a look at currency. this spells out risk appetite, dollar-yen, 109.32. we are down further. aussie is doing this, giving back gains. see how ....
edwards. we will be joined by manus cranny from dubai. let us get to the risk radar can the last 24 hours or so. today s show brought you by the city of vienna. on the opec front and the ecb. putting aside for one moment, let us have a look at the asian session. the nikkei to do five down by 1.9%. it was down at one point by more than 2%, looking for the biggest drop around a month. and that is amid the wildly expected stimulus package by abe. level, towards that 109 perhaps more again strengthening this morning. a host of factors in here. here, boj,ax news in resident risk, all of that working its way to the japanese currency. and we have about her index in there for you. down two cents, and the page veryovernight, a keyword, often used in that report, 23 times mentioned in just six pages. setting up the jobs report tomorrow and the meeting on the 15th of june. let us to the bloomberg first word news. here is rishaad salamat. trading for a fifth day, opec ministers mee ....
welcome to the pulse live in london. big, big day in europe. all eyes on vienna. the ecb is in town. entrepreneur will hi will give his press conference. as we speak, opec begins its meeting. you can follow it on our blog. stop live go. let s check what is happening in vienna. our top stories, the opec meeting. before we go there, have a look at what is happening to european stocks. the stoxx 600 lower for a third consecutive day. don t expect much from the ecb. maybe that will tweak that forecast. that is the big announcement expected. of course, we can get more details on the corporate bond buying program, which kicks off this month. crude oil is out. it was lower earlier for a fifth consecutive day. as the opec ministers gathered. crude above $450 a barrel. will there be some sort of deal today? that is the big question. let s get the bloomberg first word news. nejra: the u.s. economy expanded at a modest pace causing the labor market to tighten as employers contin ....
and the problem with loose monetary policy. we will break down the ecb decision on rates, and the entire mario druggie news conference draghi news conference. we count down to the ecb decision. the opec meeting in vienna. wall street awaits the latest jobs data. kick it off, less than 45 minutes away from their decision. let s check in with the team leader, i am told the news coverage will be watched closely to get the forecast. interesting,ing is whether there today, no fresh stimulus probably, likely to show the inflation has not changed since the last projections in march and that is something of a disappointment because the last forecast did not include the ramp up of monetary stimulus, extra bond buying, negative loans and another cut in interest rates. a signal the ecb is starting to struggle. it will always say it can do more but it wants governments to play their part in helping the euro recovery. investors will look for more detail. nots past june, 20 ....
caroline: the war of words continuing, but i think getting the use out to vote, it has been so persistently about the economy. when will we see it and sent of i s to exert their democratic right right? poor, 0%,ne looking no change, no growth for european retail sales in the month of april. the market is expecting at least ..0 0.4% increase eurozone still not looking all that pretty when it comes to the data. polarity of the consumer in europe versus a better consumer and the united states, charles evans coming up. our first word news. nejra: the u.s. labor department s monthly job deport do well later this month later today. payrolls rising by 160,000 in may. that would equal april s total but would mark a slowdown from average monthly growth of almost 230,000 jobs. british prime minister david cameron denying accusations he is ratcheting up fears about the impact of a potential brexit. last night he defended while outlining the potential economic headlines from ....