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Transcripts For BLOOMBERG Bloomberg Daybreak Europe 20161202

Welcome to bloomberg daybreak. Our flagship morning show in london. What a few hours we have seen. The u. S. Dollar rallies. Where does it go from here . Be based onlly uncertainty. We came from what has been the best month since 2014 to reach the highest levels since the bloomberg of the inception dollar index. What we have done here is shown you some key indicators as to why the bears might take control and put this rally on hold for now. What you are looking at here the red light. Honeymoon period. Donald trump is elected. The shortterm crosses above the signal line. Later in november, you see it cross back down indicating the bears may take back charge of this rally. This is where we are right now. What could keep this rally going is the crucial jobs report. That is what we are looking forward to. That is what might lead the rally going forward. To the risk radar. The bond rout. Still very much in full swing. It has been a tough month for this asset class. Brent, down 1. 2 . 53 . 2

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