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I am certainly hoping these receiveelated budgets some of that attention. Francine that was bill gates, talking to manus cranny. This is bloomberg surveillance. We have some great guests who will talk about the markets, Foreign Policy, and the snap elections. First, to your markets. This is where we stand. European shares rising attach. A touch as commodity producers rebound. Metal prices, chinese equities leading asian stocks higher. That index gaming 1. 1 . I want to show you the pound. The vote in parliament a little bit later about snap elections on june 8. The vix index down quite significantly today, at 15. 85. Those are your markets. First, lets get straight to the bloomberg first word news. U. S. Vice president mike pence has called north korea the most dangerous and urgent threat to the peace and security of the asiapacific region. Addressing military personnel on the uss ronald reagan, hence also spoke of the overwhelmin ....
Unlikely ally in one of the most flamboyant politicians. It is 8 00 a. M. Across the emirates, 4 00 a. M. In london. It is just past noon and hong kong. Welcome to blommberg markets middle east. Opec. Lly is all about we are seeing a mixed market as loyal being driven by your part of the world. It sure is. While opec nations are making a icstditch diplomat push, saudi arabia is now contemplating if the oil club needs to curb output. The billion writing on decision, a rocky ride for Oil Companies. According to bloomberg, this year has seen the combined market value of Oil Companies around the world increase the most since 2010. 1. 2 trillionhat dollar loss value last year, 700 90 billion loss in 2014 as the price of crude hurt the bottom line. Beenil majors have tightening their belts by cutting jobs, canceling projects, and taking on debt, becoming leaner and meaner than ever. ....
Oil cut staff in moscow and ends in vienna on wednesday, with alleged in its effort with a last which effort to cut supply. Matt we are less than half an hour away to the european open. Lets take a look at futures here. A little bit of a mixed picture as far as european futures are concerned. Sou can see here thae ftse if off. U. S. Futures are down as well, but this adds open cash markets around the world, and the msci world index is also rising right now. Well see what happens. It seems as oil goes, so goes the market. That has been the story for the last couple days, and its very important today. Guy yeah, its going to be a big week for crude. Lets walk everyone around and show them whats going on. The big move overnight comes to the dollar. This is the story, the bloomberg dollar index down by around. 5 . The move in the yen is probably a little more pronounced overnight. Its a 1 move. Morgan stanley says the japanese equity market is not a place to be. We will talk about that a li ....
You can and cannot do with your own property. Right now in new york there is a battle raging between the popular website and the states attorney general. The website helps people run to cover and a room for their entire apartment for visitors to the want to fork over big bucks. The government says they are tax evading lawbreakers. Lets bring in a senior fellow at the cato institute. Thank you for coming on the show tonight. 225,000. Since when is it illegal to rent out your apartment on your own . This is an example of overzealous overreaching by the government. In the name of going after some slumlords or other people who are more notorious, theyre going after people who are just trying to gerri but they are not going after slumlords, are they . They just want some tax revenue. Same as those hotel tax revenues. They say they want to get that. Isnt that the real motivation . If that is what they wanted they could pass a loss objecting these people to taxes. Think it is more nefarious t ....
You can and cannot do with your own property. Right now in new york there is a battle raging between the popular website and the states attorney general. The website helps people run to cover and a room for their entire apartment for visitors to the want to fork over big bucks. The government says they are tax evading lawbreakers. Lets bring in a senior fellow at the cato institute. Thank you for coming on the show tonight. 225,000. Since when is it illegal to rent out your apartment on your own . This is an example of overzealous overreaching by the government. In the name of going after some slumlords or other people who are more notorious, theyre going after people who are just trying to gerri but they are not going after slumlords, are they . They just want some tax revenue. Same as those hotel tax revenues. They say they want to get that. Isnt that the real motivation . If that is what they wanted they could pass a loss objecting these people to taxes. Think it is more nefarious t ....