What are we doing equity wise . Yvonne it is about that jobs report. Making a little money for the fed. It will be interesting to see what jay powell says. Is he going to lay a strong case for some kind of easing cycle after that solid jobs report . There are indicators that it was not that strong here. Slower when it comes to wages. We will see that rate cut at the end of the month. You are seeing equities selling off here today. After this continued pressure from japan onchip materials. The chip sector is under pressure once again. Hong kong under pressure. Down more than 130 points. We are on the cusp of hitting another record here. The dollar is stronger after that u. S. Jobs report. We are seeing asia a bit under pressure. To what else we are seeing here. Oil is in the front after pulling back a little bit on friday and on are selling off as the market tries to correct that u. S. Jobs report. Does this lead to less expectation . They will cut 50 basis points. Looking out for the b
Welcome to bloomberg surveillance bloomberg surveillance. Im mark barton in london. Festival of Central Banks, we have the ecb to come, the bank of england, the fed here. Down 1 5 of 1 . Uro, little change unchanged since the last ecb season, october 26. Hasnt fallen to one dollar 1587 on November November 7. Sterling up by 1 10 of 1 today. Today, but its politics thats affecting sterling today, having risen since fps last night. Theyre changing their governments planned legislation, so they guarantee they will get a meaningful vote on the final deal to leave the eu in negotiations for 2019. Coming up today on bloomberg surveillance, we will discuss markets with paul donovan, hear from the s p governor thomas jordan. But get to bloomberg first word news with Sebastian Salek sebastian the fed has raised rates by 25 basis points as widely expected. We also have a growth forecast next year, but maintaining projection of hikes 3 hikes in 2018. Saiding chair janet yellen this underlines tha