Julie it does not look at the any change in the past our big as we had a remarkably consistent day today. Pulling back from yesterdays gain, a pattern that has typical and also a pattern that has become typical is lack of the moves once again today. Take a look at this chart we keep up dating and extending as this streak has an extended, 27 straight sessions without a move of at least one sent. Heres the last one back on july 8. Now is the 27th day the s p has not moved i at least that much your much. Thosee seen after we got ill dudley comments, that at least a september rate increase would be on the table. He said in an interview with fox business. We saw a yield on the twoyear jump at that point also helped by data that came out better than estimated this morning. Definitely a key reversal there. Also we have an watching the u. S. Dollar, which has consistently been heading lower today despite that data as we saw the yen reach 100 versus the dollar for the first time going back to l
Not adjusting well. I dont think there are any winners. It is an accumulation of evidence that Monetary Policy is ineffective. Helicopter money practicality is zero. Scarlet it is straightahead on bloomberg best. Welcome. I am scarlet fu. This is bloomberg best. Start with a look at the top headlines. Monday began with a dose of disappointing data from japan. The company the economy grew less than expected. It contracted a second straight quarter. Well shy of the analyst thinking. What other standouts are there here . These numbers will not help. The take away, net exports were a drag on growth. X fell. Cap the strong yen is hurting demand from overseas. Fromemocratic drag coming a shrinking population is sapping demand. We are getting hit on both fronts. It puts the onus on Prime Minister abe to prevent a recession later. How might he respond to these numbers . He could accentuate the positive. Even that does not get him out of his hole. Think about the potential growth rate. It is lo
We are going to see if he puts his money where his mouth is and is a weapon the center to motivate Japanese Companies to list wages in some kind of meaningful amount. Post brexit hard data, import costs surging, input costs jumping. That is the story and the date of this morning it seems. The number of 4. 3 , to a seenise given what we have post brexit in the pound plummeting. The Banking Industry expects inflation to reach a 2 target that we have been talking about much faster than it originally anticipated. The question is, will the banks look to this number . If the pound gets stabilization, many predict it will decline, then the bank could look through it as a oneoff hit. You get a base a fivestory coming through and the bank can look through it and maybe cut rate further from here. Maybe the pound goes down more. The ppi at. 6 but it was that that put the cut among the pigeon, ending a 32 month period of decline. What does this tell us about inflation prospects . Headline inflatio
Interviews. The market with the euro is not adjusting well. I dont think there are any winners in what is going to be the worlds most expensive divorce proceeding. It is an accumulation of evidence that Monetary Policy is pretty ineffective. The practicality of helicopter money is zero. Scarlet it is all straight ahead on bloomberg best. Scarlet hello and welcome. I am scarlet fu. This is bloomberg best. Your weekly review of the best the most important Business News , analysis, and interviews from Bloomberg Television across the world. Lets start with a look at the top headlines. Monday began with disappointing data from japan. The japanese economy grew less than expected. Business spending contracted a second straight quarter. I think it was 0. 2 growth, well shy of the analyst thinking. What other standouts are for you here . A gloomy, cloudy morning here in tokyo and these numbers wont help. The big takeaway, net exports were a drag on growth. As you mentioned, cap x fell for the s
Not adjusting well. I dont think there are any winners in what is going to be the worlds most expensive divorce proceeding. It is an accumulation of evidence that Monetary Policy is pretty ineffective. The practicality of helicopter money is zero. It is all straight ahead on bloomberg best. Hello and welcome. I am scarlet fu. This is bloomberg best. Your weekly review of the best allison and interviews analysis and interviews from Bloomberg Television across the world. Lets start with a look at the top headlines. Monday began with disappointing data from japan. The economy grew less than expected. Business spending contracted a second straight quarter. Growth, wells 0. 2 shy of the analyst thinking. What other standouts are there here . These numbers will not help. The big take away, net exports were a drag on growth. As you mentioned, cap x fell for the second straight quarter. What we are seeing now is the strong yen is hurting demand from overseas. The democratic drag coming from an