For the imf meetings but lets get a check on the markets as investors digested the data out of china earnings will be coming through in europe. We struggle a little bit and stoxx 600. Cable is coming off a fivemonth high. A lot of concern going into this weekend and what parliament will vote on in terms of the brexit deal. We are talking about potential rate hikes. Coming up, we hear from the Vice President of the european atmission that 1130 time 11 30 a. M. London time. And still to come, we speak to bank of England Governor Mark carney at 5 30 p. M. London time. Definitely not want to miss. All of those conversations from the Imf World Bank annual meeting. Lets get first word news in new york. We begin with the ceasefire in syria. The u. S. And turkey agreeing to a break in hostilities to allow kurdish fighters to withdraw. Once the ceasefire takes affect them a donald will remove this weeks sanctions, but u. S. Senators from both sides say the deal does not go far enough. Reluctant
Slowing. Is said to be china is trying to funnel more credit to private companies. We will assess the implications in beijing. A quick check of our markets close in the u. S. It was a bit of a mixed picture. We saw the dow gained 50 points. The s p 500 erased this mornings gains. Fed officials with a little bit of caution about future rate cuts. To mention we have some soft manufacturing pmi numbers. That did not help sentiment. Cared materials and Health Leading the declines after fluctuated between gains and losses. That fell 0. 4 . U. S. Futures at the moment not doing much. The focus right now is on jackson hole. Lets see how we are shaping up. Steady as we go. Asian futures not doing much when it comes to the potential for how cash trade may start. We are waiting for cues from jackson hole as well as the g7 meeting this weekend. We also have today a busy day of earnings from china as well as from hong kong. We are going to get a cbi data from singapore. Thise checking on the end m
the death toll rises. the government expands its lockdown to 30 million people. plus, the chief executive with power. good morning, good afternoon, and good evening, everyone. this is bloomberg surveillance . i am francine lacqua at the world economic forum in davos. july,s for the month of actually, the month of january, services following the 52.2, the forecast pretty much in line with expectations. are your go, there markets, these dog gaining, you re a 10 year yield at 1.75 the euro 10-year yield at 1.75. christine lagarde spoke to me earlier this morning. ms. lagarde: if markets are interested in what is happening in the next 12 months, we should not pay too much attention to the strategies, because we are conducting two different exercises here. we will have our monetary policy access met and review, as usual, every six weeks, we all get together, we look at the numbers, we look at the markets, we look at the views of the citizens, in terms of inflation expectations
Allen. This is daybreak australia, two hours away from the open. Betty off to another week. Just past 6 00 in new york. We will look at how all the action on wall street will play into the asiapacific trading day. Despite these jitters over north korea, im sure that will be a big topic as the yuan general gathers. Mbly i want to show you how we ended stocks on friday before the weekend. The s p inching higher, up 2 10 of 1 , the dow climbing 65 points as well as the nasdaq about 20 points, 3 10 of 1 . There is a lot happening this week on the policy front and centralbank policy front with the announcement we are expecting about detailing, reducing the Balance Sheet and the boj, as well. Paul plenty happening on the central ink front. Front waiting on china prices. On the markets, you are right. Business as usual with the s p up 2. 5 thousand points. The first market up and running, up 1 5 of 1 . The new Zealand Dollar weaker against the greenback, the election looming in new zealand. E
This is what i am looking at. Most in europe give us the action today. Chinese exports seemed to be underscoring the resilience of the global recovery. We are also looking at crude, claiming climbing above 51 and record climbing above 51 a barrel. Bitcoin at a record. Lets get to the bloomberg first word news. Nejra European Central Bank Officials are considering cutting monthly bond buying by a half, starting in january. The program may be kept active for at least nine months. They said reducing quantitive easing for 30 230 billion euros a month is a feasible 30 billion euros a month is a feasible option. The president of the atlanta fed sees says he is not sure the fomc will raise rates in december. This quantifies a strengthening inflation. I think there is much more to learn about what is happening in terms of inflation dynamic. I would say that inflation is starting to pick up. Chinas overseas shipments rose from a year earlier, narrowly missing estimates. Imports rose. That resul