Right now. We will have analysis with tim fiore. Im alix steel with my cohost guy johnson. Welcome to bloomberg markets. Guy the ism hitting a bottom. The jolts number comes in shy. Mike mckee joins us to break down the numbers. What do you see in front of you. Guy jay powell mike it is down from the forecast. That is a little bit better improvement in terms of jolts. The ism number comes in at 46. 4. Not as good as the 46. 9 people thought. Prices paid at 2. 46. Employment is also down. New orders for ism. Maybe you are right. Maybe we see a bottoming out for the numbers but in terms of the ism, certainly, not anything that screams good news. Back to the jolts. Hires decreased as well as the number of job openings. Hires fall by 326,000. The quit rate is at 2. 4 . That comes down from 2. 6 . A little bit more good news for the fed which will see this as the labor market loosening up. Alix great breakdown. The market where you are seeing a Little Movement is in the front end. Lets get
Sydney. Welcome to daybreak australia. We are in our away from the opening of the markets. Good morning. For thegood morning japanese Prime Minister, shinzo abe, and looks like he might get a super majority going into the elections. Upsaw nikkei futures going half a percent. The yen at seeing the lowest in half a month. 114, getting close to the 113. 90 is where were at. Abesexpectations that gamble has paid off, and looks like he is secure the super arerity, and the markets interpreting continuity when it comes to this ultraloose Monetary Policy, as well as flexible fiscal policy. Lets get over to yvonne man, who is in tokyo. Victory byis is a default. Were there any surprises . Pretty much deja vu again. Forcing a split to what we saw in the 2014 election, but it is a potential come and looking more likely to be a landslide for shinzo abe, with the 465 seats for grabs. We are seeing the ldt and its Coalition Party coming out with 460 five. Out of the a close second, a little bit of a
And sees a Million Dollar plus loss in the last quarter. Haidi janet yellen defending her time in office as the race for the fed narrows to three. Fromad half an hour from house price figures. We look at tier one cities in particular to see how things go there. This exemplifies how the pressure on these homebuilders are lessening at the moment. N with house price growth and 60 year on year. It has come down with a bank to earth. The prices for shanghai and beijing have been more modest. For the latest update on the sauce prices and where the market is going from here. Those house prices and where the market is going from here. Haidi president xi jinping reiterating this theme, that housing is for living, not speculative buying. In the lastwatching few days of the 19th Party Congress for news about this reshuffle of the Standing Committee and news when it comes to the 10year of the pboc governor. Tenure of the pboc governor. We do have the ecb policy looking for framework of tightening
Timely manner. More americans will die all because the president lost this election. Next hour we expect an update in the Coronavirus Task force. We dont know if the president will show up. After 1800 americans died just yesterday, wouldnt it be nice if he did . No, check that. It wouldnt be nice. It would be his job. Could the president himself assure us the next steps for vaccine dissemination. Could the president himself express sympathy for the quarter of a Million People who have died from this virus. Could the president himself encourage families to keep family gatherings small this week. I wish i could tell you. We dont know what the president is doing with his time, with your taxpayer funded time. We do know this. It is despicable. Hes still launching desperate attempts to claim he won this election. Lawsuits and accusations that are so sad and hollow that he doesnt even show up to his own press conference today. If he doesnt do that, who does he send . Who else . Rudy giuliani
Like youre the most in need. But for highlighting the people out there in the food lines, people who need it. And the guy said, i have no shame anymore. I think hes absolutely right. Think about this, chris. You send out a text to friends and family saying, hey, do you guys know anyone who is in need, that maybe we can spotlight on the show, and needs help. The answer comes back, me, do you know what that feels like . Unbelievable. The need is extraordinary in the country right now. Usually, its pretty embarrassing for us in the main, right . Were usually around 25 million, 30 Million People having what they call food anxiety, a p. C. Way of saying going hungry. Now its at 50 Million People. And the reason i wanted to focus on, to your point about texting your friends. This isnt a toothless guy, a bum, a guy none of those stigm stigmas. He was making six figures, his wife was working as a dance teacher. Theyre like so many people, a few paychecks away from being in bad trouble. And the