From the Bloomberg Global Business Forum. Matt good morning. Interesting to see the impeachment drama playing out, even after the release of what was called a transcript and then a widely mocked and remain renamed memo. I think the dossier that the congress has ordered will be even more interesting. We will see what the full whistleblower complaint was. Investorsctly, and have so much to get their heads around. The biggest question is what it means for the 2020 election and what does it mean for president s trade policy. We had comments from him saying we could see a deal with china sooner than expected. Is he starting to feel the heat . We have the feds Charles Evans saying perhaps no more rate cuts are needed and that may be playing into some of the Market Action as well as the trade and impeachment drama. Matt its interesting to hear that. Lets look at how this has played out in markets. First lets take a look at what is going on in terms of asian equity indexes. We can see the Msci
Le we have the editor of the book report thanks for joining us were going to check on markets see how were set up heres the futures dow down 15, nasdaq down 20. S p down 5 coming off the huge rally to close on friday, another strong week of gains for wall street. How about the tenyear, 2. 65 last week. We begin the week at over 2. 7. Did you see that i think the futures are down. Thats a sticker shock to people tenyear at 2. 72. 30year, just a hair under 3 fiveyear under 2. 5 twoyear, 2. 15 wow. Lets get you caught up with stories were watching perhaps the biggest over the weekend, saudi arabias prince alwaleed has been freed. He was detained. We talked about it for the past two months with the corruption crackdown. Several other officials and saudi royals were rounded up and they were at whats known as the ritz prison. Youll get to see it the ritz prison and alwaleed described it as a misunderstanding there are no topics its just a misunderstanding its a key position we had it was a d
The u. S. Military has deployed stateoftheart fighters to japan. And looking ahead. We ask an expert what dronald trumps presidency could mean for japan. President obama has said goodbye. Obama wrapped up his eight years in office by looking back at some of his achievements. Thank you. [cheers and applause] if i had told you that we would open up a new chapter with the cuban people, shut down Irans Nuclear Weapons Program without firing a shot, take out the master mind of 9 11, if i had told you that we would win Marriage Equality and secure the right to Health Insurance for another 20 million of our fellow citizens, if i had told you all that, you might have said our sights were set a little too high. And he looked ahead to what he calls the greatest threat to democracy. We must guard against a weakening of the values that make us who we are. And thats why, for the past eight years, ive worked to put the fight against terrorism on a firmer legal footing. Thats why weve ended torture,
Japan is joining other nations in urging the u. N. Security council to condemn north korea over the latest missile tests. Whether britons open a door to brexit or not. People in southern japan remembering one of the bloodiest battles of world war ii. 71 years ago today the Imperial Japanese military ended major operations against u. S. Forces in okinawa. A quarter of the population was killed in the battle. More than 4300 people participated in an annual ceremony at the Peace Memorial park in the city of itoman. U. S. Ambassador to japan Caroline Kennedy was among those who attended. At noon people observed a moment of silence. This sixth grader read a poem about how they are grandfather was wounded in the battle of okinawa and her wish for the future. Translator i think the loud cries of the cicadas are not the anguish of the victims of the war, but they are the long lasting cries for peace, flying toward the vast skies to let us know how great and important peace is. Okinawa governor
How will the plunging Oil Price Effect statoils earnings . Plus the first interview of the day with the chief executive. Social climbers. Twitter and linked in shares soar after beating estimates. Welcome to countdown, i am mark arden. Barton. I am manus cranny. The u. S. Nonfarm payroll figures. We infer those. In the meantime, lets give you the numbers for stat oil. They are breaking across the terminal. He will be made with me a little later. Net income for the fourth quarter. Comes in at 9 billion kroner. The key is the dividend will be flat for the first three quarters of the year. The dividend remains for the first three quarters, no change. Capital expenditure, the other key issue. The trend is the same at statoil. A Capital Expenditure program reduced. 218 billion this year. The Cost Reduction program they will lift. To 1. 7 billion. Lift that to 1. 7 billion. They will provide total cash improvements of around 5 billion. The dividend remains intact for the next three quarters.