Solid economic stage. Yousef it is 8 00 a. M. In the emirates, 4 00 in london, welcome to Bloomberg Markets middle east. In hong kong, it is midday. The dollar not rolling off, falling off as some had feared. As you look at the gm go function on the bloomberg, you can see the dollar bulls coming back, and the japanese yen weakening on the back, down 0. 5 , and japans stock market leading the gains up half a percent. Singapore also up on a given how big of an exporting country it is. It may be some confidence be may not see some trade wars ahead. But the heavy ecodata in asia, australia surprising on the. Pside alone with pmi data a lot to watch out for when it comes to ecodata and present trump and the Federal Reserve. Yousef bright patches in the commodity space, especially with key commodities related to the Infrastructure Spending in the u. S. President trump urged americans to abandon internal conflict and rebuild the country. He made his first address to congress. He said the u. S
Economy. Zell not so much. And investor lynn tilton is with us live this hour. She just filed a suit against the s. E. C. Shes fighting back saying fraud charges levelled against her are absolutely false. We begin now with the American Labor market. Traders and investors positioning themselves for fridays employment report but could they be setting themselves up for a bit of a shock . Steve liesman is here to explain. Explain, stevie. Yeah mandy. There has been a lot of worrisome Economic Data these past few weeks and this morning that raises questions about the friday jobs report. Let me show you what im talking about. The adp data 189,000 coming in below the prior one and below the estimate of 225. The ism Manufacturing Survey coming in again below the estimate, below the prior, and inside that ism report wills an employment component asking manufacturers how theyre doing hiring coming in at 50. Thats the lowest since may 2013. Here are the negatives as we get ready for the friday jo
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