Yes, a fed meeting at 2 00. None of it matters. What matters is the drama, the guys fromof four Silicon Valley lined up in front of congress. And oh yeah, the stimulus. What has your attention . Jonathan funnily enough, the Federal Reserve, but only because somebody people are playing it down. A lot of people have shaken their head. What was the last three months about . We are about to see a shift away from the accommodation we have seen towards much more Forward Guidance, and the commitment, the shift in the reaction function to formalize that commitment to low for a whole lot longer, and i think that its important. Tom the queen of the xaxis, lisa abramowicz, is here. Are we going to go out to 2023 today . Lisa the question is where. Are we talking about the front end . Clearly they are not going to raise rates anytime soon. What are going to be some of the measures they look to to decide what their policy is . Are they going to set inflation pegs . Are they going to set implement p
Dollar is mostly higher against some of these currencies. The kiwi and the aussie which were the early outperformers seem to be also moving some ground. The aussie certainly has had a relentless rally. Take a look at what has been driving the sentiment here today. The likes of oil. After six straight weeks of gains, this rally seems to be taking a bit of a pause. You take a look at brent, still hovering around 42, 41. New york crude around 39. 52. We are watching the likes of the u. S. Tenyear. We have surged to a high on the jobs report for friday. We are backing off from the fed when they take the stage later this week. The yield curve is one of the steepest in three years. Expect it to steepen further from here. Chinas trade surplus surged to a record in may as exports fell left and inspected. Helped by an increase in medical related sales per lets get more on this story from selina wang in beijing. What is the context between the trade surplus . The numbers were much better than th
We will hear from tech heavyweights throughout the hour including the ceos of gopro, ripple, fireeye and bill girly of benchmark. Lets get it up with david solomon. The year has set up in a way that i think it should be very constructive for ipo activity. Ipo activity picked up a little bit toward the end of 2017. We have a very healthy ipo backlog but we also have an environment for a variety of reasons why 2018 should set up to be a great year for this in the Technology Space. Points are they out the right now or bubbling . I think private market valuations actually have tightened a little bit over the course of the last 12 or 24 months. Capital has been a little tighter for private market funding. I wouldnt say that valuations are bubbling but there is no question that in an environment for the last five years where growth was sluggish investors were really looking for a place where there was growth and Silicon Technology was a place where there was a lot of growth. When you look at
From the Goldman Sachs Technology Conference. We will hear from tech heavyweights throughout the hour including the ceos of gopro, ripple, fireeye and bill girly of benchmark. Lets get it up with david solomon. The year has set up in a way that i think it should be very constructive for ipo activity. Ipo activity picked up a little bit toward the end of 2017. We have a very healthy ipo backlog but we also have an environment for a variety of reasons why 2018 should set up to be a great year for this in the Technology Space. Points are they out the right now or bubbling . I think private market valuations actually have tightened a little bit over the course of the last 12 or 24 months. Capital has been a little tighter for private market funding. I wouldnt say that valuations are bubbling but there is no question that in an environment for the last five years where growth was sluggish investors were really looking for a place where there was growth and Silicon Technology was a place whe
Course of boj policy. They will have to wait and see. Structure is very important. All bankers can do is continue right now. Rate goes inflation towards 2 , which might take another six months or a year. Continuing. As up to 1. 93 billion. Have beening talks productive. They need to approve a deal. Sydney. Lower in the company says it is the first worth around 2 billion. The institutional offer on tuesday raised around 1. 2 billion. Shareholders taking out there entitlement. Superhero marvel movie with an africanamerican in the title role and a largely black cast for a february opening in the u. S. Panther took in a lot of money over the weekend. It was also the biggest movie worldwide over the weekend, making 361 million in total. Al news global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. This is bloomberg. Lets do a quick check of the markets in japan. We are seeing the nikkei up some. 7 . T we will be back with more updates in