Contain the spread. Successful emergency surgery james dimon undergoes emergency heart surgery, temporarily handing control of the largest u. S. Bank to his lieutenant. Reports are he is recovering well. Morning again from berlin. Im matt miller. Nejra cehic is out. Manus cranny is live in vienna. We are going there to the opec plus meeting. Incredibly important meeting as you will see in a moment when i show you the oil price in just a few minutes from now. I want to check on first off the number of data points after the big slump we saw in risk assets yesterday. There is unusually no sign of a. Alance typically after 3 , 4 slump on indexes, you see a bit of a bounce. We are eight and a half hours away from the open of live u. S. Trading. Nonetheless, u. S. Futures still down again 1. 25 . In just a to manus moment. Crude oil at 45. 43 a barrel, and the yen, which was really looked for me when i across my asset price worksheet the yen was 105 handle, safeng a real fleet to haven asset
For our audience worldwide, this is bloomberg surveillance on tv and radio. Your equity market on the s p 500 slightly positive. 3 . Cpi thursday, ppi friday. Tom inflation is the key dynamic. It was an odd weekend. It is in the zeitgeist, bloomberg reports bond prices up in china and yields down. In the inflation reports, is this tinge of deflation to come in asset prices worldwide . The theme of the weekend was deflation, beginning of deflationary worries into that key inflation report. Jonathan quite a ride in the bond market last week. Taking back a move from friday session. Lots of fed speak out there in the mix. Over the weekend, maybe another Interest Rate hike in the Federal Reserve. Tom it is going to go by the data. Job support, what do you think . Cut that way, cut that way job report . Jonathan still wages are hot. I think the narrative sticks, Jeff Rosenberg at blackrock talked about it that ultimately where payrolls growth goes, we will eventually follow. The fed says, we
Dow and the s p 500 putting in a new record highs, but the nasdaq the laggard today. So far not another record high. Everyone has been talking about the string of records. Can this be the longest bull market ever . Goldman sachs is saying the evaluation is stretched to levels not seen since 1900, and pain. This may end in they also talk about the idea that a 6040 portfolio, typically in a retirement portfolio, 60 stocks, 40 bonds, a very balanced portfolio. There turning 12. 86 vs. 7. 1 since 1985, and 4. 8 over the last century. Certainly the returns matching these record highs are seeing. The question is when and how might it end. Fed chair janet yellen will be testifying shortly. We had a reaction to her preprepared remarks. The 10year yield, up six basis points. The incredible that the fed is likely on the path for continued gradual rate hikes. We have the other havens selling off, including the yen, gold, trading lower, supporting the riskon tone we are seeing to some degree. Of c
Negotiations to form another grand Coalition Government with the conservatives but the chancellor will not have an easy. Golf its good to have you with us u. S. Vice president has told the Israeli Knesset that the American Embassy will move to jerusalem by the end of next year now thats earlier than expected and it only adds to the controversy mike pence is the first u. S. Politician to visit the region since president recognized jerusalem as israels capital last month israeli arab lawmakers today made their opposition to the move clear right from the start of speach. The protests kicked off even before mike pence had begun his speech out of his really lawmakers were ushered from the knesset after waving signs at the u. S. Vice president following Donald Trumps incendiary move to recognize jerusalem as the capital of israel. But so are you saying show East Jerusalem including the holy and the al aqsa mosque as a message that we have against. Easter do something should be capital of pal
Thousands of people to go back to work well take you live to the u. S. Capitol. To Biggest Political Party talks on governing together the social democrats promising tough negotiations with conservatives amid signs of disagreement before the talks underway. Its good to have you with us u. S. Vice president mike pence has told the Israeli Knesset that the American Embassy will move to jerusalem by the end of next year now that is earlier than expected and only adds to the controversy is the first u. S. Politicians of visit the region since President Trump recognized as israels capital last month israeli arab lawmakers made their opposition to the move clear right from the start. Speech. The protests kicked off even before mike pence had begun his speech out of his really lawmakers were ushered from the knesset after waving signs at the u. S. Vice president following Donald Trumps incendiary move to recognize jerusalem as the capital of israel. But so are you saying showed East Jerusalem