Gradual plate gradual pace of raising rates. Corrects inflation is not at 2 . Before we move policy get to the gold otherwise we are going to be behind. Driver, set tow to steer its ceo out of crisis. Anna a very warm welcome from us in london, i am and i words. I am anna edwards. Matt imf miller. Anna talk about the United States and houston specifically. So much of the United States energy market, a landmark hurricane, a landmark storm now earlys over texas area estimates of what kind of Economic Impact we might see here, 24 billion dollars. Stay, howhe reins to long they keep falling is going to be one of the key questions. What has this done to markets . Gasoline spread flying as harvey looms. Futures are the same. Oil steady but refineries have been flooded. More than 10 of the fuel making capacity. FarColonial Pipeline, so from houston to the east coast of the United States it seems we have no word that it is not running as normal. Certainly that would be one way that this crisis
Yvonne and we explain the appeal of trading bitcoin. I always tell people i need a story and a chart. Yvonne and exclusive investment insight. Call me a cynic, but i think there might be a little disappointment ahead of us. Yvonne it is all straight ahead on bloomberg best. Yvonne welcome. Im yvonne man. This is bloomberg best, a weekly review of the most important Business News, analysis and interviews from Bloomberg Television around the world. It was a momentous week in politics and policy across the globe, starting with a closely watched election in germany. Angela merkel has won a fourth term as chancellor, but her victory was marred by surging support for the populist party and a clear rebuke to her open door policy on refugees. Main partners now want to be part of the opposition. Who will she build a coalition with . She has got to build a coalition with the liberals and greens. That is her only choice after the social democrats have said they will no longer participate in the g
Further into their private enclaves. May make aw settlement over its emissions seeking scandal at 4. 3 will dollars, that would push vw over its current position. A very warm welcome to bloomberg daybreak europe, our flagship show in london. Back at the obama administration, looking ahead to what donald trump means with his relationship with russia. Wishart start the show with this chart that puts it in context. The highs and lows of the obama administration, poverty with ted brents headwinds around gdp. Preserving hes legacy and the attention will be on donald trump and a confirmation hearings of some of his key appointments. But that in mind, the story around russia the very heart of rings today. What does russia know about donald trump and what did donald trump know that russia was collecting on him if anything . Donald trumps News Conference later on today. Lets put up the risk radar. Rookie keeping a close eye on what is happening to russian assets as result of this. How in from t
Bloombergs european and quarters in london. First we have to get to the markets. This is your board. Downsidelittle bit of pressure on these european stocks, down some 0. 4 . Exchanges in austria, germany, denmark, norway, are closed for a bank holiday. This is a picture for the asiapacific index. We had some earnings that came in a little light of forecasts. Overall, the rebounded. , japanesew japan falling, Commodity Prices rallying, with crude at 40 . 85. Lets get to the bloomberg first word news with nejra cehic. Nejra norways 850 billion wealth fund will seek to join a classaction suit in germany against volkswagen following the emissions cheating scandal. Vw andd owns 1. 64 in said it is acting to safeguard its holding in the carmaker. May delayaway increase untile later in the year according to pimcos head of Portfolio Management for emerging asia. That comes as britains biggest s news lobby group cut its forecast for the u. K. Economy, saying the Eu Referendum has put a cloud o
Week. Abe is getting ready to roll out the stimulus. The valparaiso may hear, set to teresa we have got may here. You can let us what you know of todays top stories by following me on twitter. Dont forget to include the trending business. The china and hong kong markets abouttting underway in 30 minutes time. Singapore and malaysia just came online. Look at what is happening this morning. Lot riding on premise or operate in japan today. The nikkei 225 up through 3. 2 . You got this expectation that there will be more announced. We do have to remember back in april when the boj unexpectedly refrained, we saw that big coming through. Investors buying the rumor. Looking at taiwan, it has come online, up by 0. 1 . 0. 2 , flatline and malaysia. Weaken seen the won against the dollar. The u. S. Hit that record high overnight, seeing gains of 0. 4 in korea. In australia, we are seeing some good moves. If we can get that up on the joint, alumina has a venture with alco. It is up by 2. 3 . Well