Nice weather wise. We are seeing some clouds cloud cover is currently on the rise across the bay area we had seen such beautiful clear skies overhead, but you can see from the west were going have a blanket of cloud cover moving in across the bay area later on. Its going to make for a less blue day today than we had yesterday when the skies were just Crystal Clear now youve still looking at very low visibility weve been seeing some freezing fog actually for parts of the north bay. So some very slick spots on roadways and some of these areas up in the northeastern part of the bay, the rest of us have seen nice clear skies and all of us are going to be free of the fog later on just a couple of sprinkles right along highway, one south the Half Moon Bay this morning elsewhere weve been nice and dry. Its just been very chilly so bundle up this morning. In tonight if youre going to be out and about which i would recommend against take it easy tonight just bring the umbrella as you do head ou
London. Its jobs day. Eurodollar, the one thing we need to watch out for 1. 2051. That were expectations these equities would go higher. We are seeing a little bit of retrenchment out of u. S. Equities because valuations, a lot of people think, are more attractive. Kettneree if max scherze thinks the same. The u. S. Jobs number, 2. 46. We will ask him about brexit. Ask him about this rotation into bonds. In later on, we speak with will em buiter. I know he has a thing or tow to say about germany. Sebastian in the u. S. A bombshell book detailing the backstabbing in Donald Trumps administation is being published four days ahead of schedule. The white house has been defending Donald Trumps Mental Fitness for office, an i ssue raised in the book. If he was unfit, he would not have defeated the most qualified group of candidates the Republican Party has ever seen. This is an incredibly strong and good leader. Thats why we have had such a successful 2017. Sebastian north korea has agreed to
Asia. What happenedcuss on President Trumps first overseas trip. We will analyze that and figure out what that means Going Forward. It looks to be a quiet week as u. S. Come u. K. , and china markets closed. That ninth ofring the stigma still, but a lot happening on the data front. Speakers. Several fed atindeed, lets take a look Market Reaction. Markets closed on friday and unchanged on friday, a lot of economic members straight ahead in the u. S. , including housing, on friday. Looking at the market so far, the only market open is new zealand, a touch lower here. To be starting things next given how thin trading is likely to be today, but heading lower when it comes to the nzx 50. Lets head to australia real quick. We did see recovery after that group meeting. Pretty soft open for the aussie dollar, but looking to the upside on the asx 200 today. Japan, north korean concerns, but someof risk off strength for the japanese yen, 11. 22 ithave seen a pause when comes to this equities ral
From bloomberg asia. This is Bloomberg Markets. Asia market extending, u. S. , rashaad oil continuing its best winning streak of the year. China and russia say they are getting on famously and the u. S. Is warned about new negativity. Fits,d if the face use facial recognition to unlock the new iphone. Happened, it left a , a mood oflanned about a billion dollars traded, china Corporate Bonds and government Corporate Bonds. What has been happening in the last few years when it comes to the bond market, it seems to have been grinding to a halt in terms of that growth. This will hopefully get this a buit of a fill up. We may see that spread between china tenure Government Debt and 10 year treasuries, perhaps that narrowing. Is this something to watch out for . Haidi the key is really patience here. Give it a couple of months over the next year or so to heat up because ht we are about 30 minutes away from the open of china and hong kong. Sentiment is starting to pick up globally. That is g
Daybreak asia. 7 00 p. M. Andpast i am Kathleen Hays. Is discussingne the trump speech. Yvonne absolutely. Breaking news coming in through south korea with those trade numbers and it was a beat on all fronts. Surging 20 point 2 . The estimate was for 13. 6 rise. Anotheras well, riding estimate. Early indications of this, kathleen, when we had the first numbers in the first 28 days of the month, which did stir some 20 some percent. Really showing how resilient it is in the face of this political scandal that we do see rockingham south korea. That coming in at 7. 2 billion won, and it is a big beat there. Kathleen of course we have seen bright as one of the lights for koreas economy. Consumer confidence took a big tumble in january, as you know, and there is a concern that people are not immune to what is going on in their country, and there is a scandal that rocked samsung, the biggest, most powerful company in korea, and the presidency. Almagro and on. Yvonne you have to add a lot goin