reversal since 2010. the largest two day gains in three years. aerobicslate session failed to carry through to asia. equities entering a bear market. a mexican standoff funding for president trump s border wall remains a key impasse in the u.s.. matt: less than half an hour from the start of your in trading. let s look at futures. looking at gains across the board. here, youe see them see losses on u.s. futures. the dow jones, he come and nasdaq, many down. pointing toures gains. we were down yesterday, sizable y, let s take a look at treasuries. you get a risk on feeling because investors are willing to sell that paper, cheney yield up pushing the yield up. it has come from a relatively low level. there are other leases where you see risk off signals. anna: let s have a look. the picture in asia looks mercifully mixed to positive. no enormous moves. we have south africa, russia, and india. looking contain, which is something of an achievement. what seems to be a fairly dre
saturday. we are live from one osiris aires. manus: a warm welcome to bloomberg daybreak: europe. how long will this theoretical possibly left? the dog last? this is the dollar index. we have dropped by nearly half a percent wednesday and we are adding to that. is it that the fx traders smell the top? that is what deutsche bank is saying. they say that data dependence was that lipservice was paid to in the u.s. in the fed. now it is coming alive. deutsche bank saying we have approached the top. you have the dollar, indonesian repeat. a weaker dock indonesian rupiah. a weaker dollar and you see the strength in the rupiah. all of these emerging-market currencies are flickering around but indonesian rupiah is the vanguard this morning and the rupiah is looking morning. nejra: those were prepared comments from chairman powell. he talked about being a long way from neutral just a month ago. interesting if you look at the slight difference that happened in the equit
the rules as he looks at the ecb s forward guidance. and danish authorities order danske bank to reassess its capital levels let s look at the european markets. a lot of red on that board the stoxx 600 down almost half of a percent at this stage of the morning. let s hone in on the individual markets. all four of the major indices in europe are in negative territory. the ftse 100 is down more than a half percent the xetra dax is down a third of a percent. the cac 40 is down 0.66% the ftse mib in italy down 0.40%. let s check in on the sectors across the continent oil and gas is up 0.62%. household goods down almost 2% at this stage. utilities down 1.5%. the italian deputy prime minister, mateo salvini, said the ruling coalition will not backtrack on the spending target even if the spread between italian and bond yields hits 400 basis points the ftse mib already down. some of those stocks performing well compared to this stage yesterday. the italian government vowed to red
guy: the bears are coming. asia stocks head toward a one year low as jpmorgan and blackrock worn warn of contagion. how much further do these em woes have to go? the yen snaps a four-day losing streak and the dollar strengthens amid concerns the u.s. will impose additional tariffs on china. as soon as today. pound ping-pong. sterling falls under theresa may s threats to go hard on russia over poisoning. the u.k. and germany are said to drop key brexit demands. i m going to be speaking exclusively to the ceo of at the aviation festival. what kind of a brexit is he preparing for? we will find out just after 8:00 a.m. london time. matt: very much looking forward to that. we are less than a half-hour away from the start of european trading. take a look at futures right now. we are looking at a mixed trade with ftse futures holding their head above water. other futures down. cap futures unchanged. futures unchanged. take a look at gmm. you will see big moves across asset class
a crisis averted the u.s. government is open for business after another shutdown which most americans probably sat through egypt launches a massive military operation that it says is targeting terrorists in sinai and mexico just deploys thousands of extra police to combat a rising murder rates where on patrol with some of them on the beaches of cancun. the winter olympics have officially opened in the south korean city of chang with a spectacular fireworks display thousands send out in freezing temperatures to attend the event that he s hopes will help bring about a diplomatic soul every day between north and south korea for now it looks like the ice has been broken with what s being described as an historic handshake between south korea s leader in and kim jong the sister of north korea s leader the toxic and i reports. a step towards reconciliation for the first time since the korean war more than half a century ago a member of north korea s ruling family is welcomed in the