Calling the president a Big Personality with a big job. It is a 00 a. M. Across the emirates. Welcome to Bloomberg Markets middle east. I am yousef gamal eldin in dubai. Shery i am shery ahn in hong kong. It has just gone midday. Markets gaining ground, south korea leading the pack, take a function. R gmm japans nikkei up. 7 because of this slide in the yen, down. 5 , also the boj buying etfs and the past three sessions. Surging 3. 5 , rising three consecutive sessions, the highest level since may 2014. It is all to do with what investors are thinking of right the and it seems to be political environment europe a key focus here. Yousef it is definitely a key focus and point of our discussions. We look for the latest development in terms of the french president ial election, greece. This is the chart you should pull up, the latest recommendation coming from one of the biggest banks in terms of how you can hedge against the political risks out of france. Follow it up on your bloomberg. T
In london with tom keene in new york. The pound dropping to a 31 year low and we are back at levels we saw post brexit. Workwe begin the fourday week after your one Day Work Week yesterday. Arkets really moving yesterday the italian banks are front and center, arent they . Francine they are important because there is a feeling among certain investors this could be one thing that breaks the eurozone, not brexit but the fact the italian banks cannot find a solution. Lets get straight to the bloomberg first word news. Nejra in the u. K. The conservative party takes the next step toward electing the next Prime Minister. All 330 Parliament Party members will vote on one of five contenders. Energy minister Andrea Leadsom is in the lead. Grassroots conservatives will pick the leader once the field has been whittled down. Been rocked bys three terrorist attacks in one day. A suicide bomber blew himself up near the prophet mosque. Five security people were killed , and there was another attack
We can see the s p looking some muted reaction this morning. Perhaps today will be a quiet day. How did europe do . Lets show you and see how it is doing. The markets wont close for a few more hours. There is a look at the uk. And germany and france. All of which are in the green. One week ago, a very different story, wasnt it, as you look, that still takes your breath away sometimes. 1. 419 on the 10year. Its 2016. Halfway through. Those people who get older, those ones, those guys who get in their like 50s and 60s have no place to invest. No kidding. No kidding. What do you do . Municipal bonds. Its a problem. Whats this we, you stuff . Ill be there soon enough. All right. Our road map this morning, starts with the first trading day of the second half where the market is heading as we turn the corner, oh, man, second half already. Hershey rejects a 23 billion takeover bid from mondelez. First we told you about that yesterday. The question now is, well what is next . What does the tru
Event. The Republican Convention with 50,000 people heading for the city. Is cleveland ready . Well ask the mayor later in the hour. Antitrump delegates negotiating behind closed doors which is really lastditch effort for freedom to vote for someone other than donald trump as nominee at convention. All that is coming up. Melissa back to the markets, dow hitting alltime high for third day in a row. Apple, jpmorgan, biggest gainers in town. Phil flynn, price futures group, fox business contributor, watching all the action as usual in oil and gold from cme. Lori rothman from the floor of the new york stock exchange. Lori, in addition to the brand new market highs, youre also watching a brand new stock, right . We had, melissa, biggest tech ipo here at the exchange so far in 2016. Line corporation, this is a chinese messaging app. It debuted at 32 a share. It opened at 42 a share. Came back a little bit. But almost 27 gain, pretty successful day for shares of line. So yes, that is day one.
Carolina over the states bathroom law. This morning, the acc is pulling events from its home state, bringing with it millions of dollars. And a pardon plea. Edward snowden makes his case to president obama. I love the country. Good morning from the studio 57 newsroom at cbs news headquarters here in new york. Good to be with you. Im annemarie green. Hillary clinton is expected to return to the c today, following a threeday stretch spent recuperating from pneumonia. Both clinton and donald trump released medical information and trump gained ground in some key states, hena daniels has the latest from both campaigns. Good morning. Reporter good morning. Clintons campaign released a letter from her doctor wednesday describing the democratic candidate as, quote, healthy and fit to serve. While her rival, donald trump, went off procter in ohio First Time Since she was diagnosed with knew money. The twopain letter from her physician describes Hillary Clinton as being in excellent medical cond