renewables is seen widening the appeal of its much-anticipated ipo. yousef: it is 8:00 a.m. across the emirates. welcome to bloomberg markets: middle east . i am yousef gamal el-din in dubai. our top story today, north korea reporting missile launches early this morning before the markets opened. markets look at how reacted, we saw a spike in defense related stocks. let s jump into my bloomberg. i have the industrial space right here. .6%. this little bit on a day where it is subdued and volumes are not quite there, defense stocks up him a 1.5%. have a look at some of these names, five within that space. that said, history tells us that when you have these spikes on the peninsula, you get a spike in stocks. and you get a drop subsequently. japan ande story, south korea have issued a strong protest. we are looking at reactions from the u.s., and most importantly china. guests oned by our all this. what do we have here? it is just ratcheting up relieved attention. this,h, it i
trading 30 minutes until the end of the wednesday session. stocks rebounding from earlier losses when they were down for the six and second day, worst stretch since november. the sterling was lower ahead of the budget from chancellor philip hammond. still down for the third day. look at the yields creeping up across europe. let s talk about adidas. shares of to a new high today. 8.9% higher.biggest gain since november 2008. raising is sales and earnings forecast through 2020. 2017 forecast ahead of analyst estimates. business should rise between 20% to 22% through 2020. raised their outlooks four times in the last year providing a springboard for the new chief executive who did the rain from herbert. plans to over invest in the u.s. to catch up with nike. we were talking earlier about gold futures falling for a seventh consecutive day. etf fund investors holding on to their goal. money has been moving out to the etf as physical gold. it is the largest u.k. list. the prospec
a huge rate in vancouver as well. today, the ontario government announced a 50% tax on foreigners coming to buy houses here. bubble?this a and what is wrong with someone like me coming here to buy a house? [laughter] pm trudeau: i encourage you to come and move to canada and spend all your money and invest and huir more. ire more people. we are open to global investment. one of the challenges we are facing. you areu cannot say open to global investment on one hand and charge people 15% if they want to buy a house. pm trudeau: it depends whether it is speculation or living to move. and moving to live. one of the challenges we are facing is and we saw this more acutely a year ago it vancouver a dearth of data. one of the things people were calling on the federal government to do, federal government needs to do something. we did something about tightening the mortgaging rules. market in vancouver or toronto is somewhat different than that in halifax or saskatoon. john: do yo
let s get you up to speed. here s caroline hyde. caroline: good morning. stocks have soared in tokyo, with the topix posting its biggest gain in six years as investors show that japan s economy trying less than expected last year. china s trade numbers for january underline challenges facing the economy. exports fell and imports declined after a trade surplus of more than $63 million, the biggest on record. the figures suggest that the currency s depreciation has yet to boost competitiveness of chinese industry. it is president s day in the u.s. stocks and bonds markets are closed. president obama will be at work, greeting leaders from southeast asian nations for their first u.s. summit in california. hsbc has decided to keep its global headquarters in london, claiming u.k. is an important and globally connected economy. hsbc has been based in the u.k. for 23 years and said remaining there is the best option for both customers and shareholders. get world news 24 hours a day.
The 80 degree weather didn’t keep people away from visiting a rural alpaca farm for the first alpaca beach party of the year in plymouth, illinoisTake voThere w