In bangkok. He tells bloomberg exclusively the two countries can broker a phase one deal this month. Ross we are making Good Progress and there is no natural reason why it couldnt be. Matt saudi aramco finally launches its blockbuster ipo but it could be worth half 1 trillion less in the target initially set. Its ceo itsires seat fires it ceo over a relationship with an employee. Welcome to bloomberg markets. We are looking at continued gains in futures this morning after hitting again alltime highs, at least on alltime equity indexes over the weekend. The 10 year yield, we see it coming up a little bit. This is a three year chart. Straight line because japan is closed for a holiday. Other markets in asia are up and now that u. S. Treasuries are open, we see the yield as well. That means investors are willing to get rid of the perceived safe haven asset of the 10 year paper and into the riskier areas of the markets. Futures gaining across the board. Ftse futures of a half a percent. Da
Investors await gdp from the world secondbiggest economy. Will it accelerate for the First Time Since 2010 . Anna welcome to the program. This is bloomberg daybreak europe. This thursday morning here in london and lets start with the overnight session over in asia. Weve been going through the day , we were in positive territory just a couple of hours ago and now were down about. 4 it would waiting for a did lose your data out of china. The growth story for the Fourth Quarter. Industrial production and retail sales due out as well. A strong session in the United States yesterday, the dow closing at 26,000 for the first time. Visit smoke and mirrors or earnings and growth . One of the key questions the market will deal with as we head into tomorrow. The couple of things keeping the markets on edge at this age. This stage. We have a story that says some at the bank of japan think that at some point, talk of normalization will be needed. Thats about as close as we can get to any change in
The riskoff sentiment also rattled the crypto world bitcoin falls to 6,000. But the ceo of bp tells cnbc that the rough years are over for his country, shrugging off the recent market volatility as they post betterthanexpected fourth quart earnings. We have gotten through years of difficulty. This market turmoil, we are only back to where we were on the 1st of january were very longterm good morning a bit of a bloodbath in europe the ftse down about 1. 65 . The dax almost down 2 the cac down 1. 25 and the ftse mib down 1. 25 . Lets look at the sectors across europe its not a pretty picture for any of them. We can see basic resources down 0. 25 . Financial services down 2 down. Industrials down almost 2 not a lot of good news for investors in europe. After a long stretch of complacency, volatility is finally back lets look at the vix. Note that it posted its biggest oneday jump in almost two years. It was interesting to note just the evolution of the selling on wall street overnight. It
On private jets from the man fled madagascars civil war as a child, but soared on to sell planes to the worlds top Business Leaders. And, as always, wed love to hear from you about any of the stories were covering. Just use the hashtag bbcbizlive. Welcome to the programme. Now mexico seems to be the most important foreign country when it comes to Donald Trumps in tray, now that he is us president. And in a few hours time, mexicos economy and Foreign Ministers are set to meet some of his top trade officials in washington as they try to keep border open for trade. And the mexicans appear to have conceeded that to do that. There will have to be changes to the Nafta Trade Deal which also covers canada. N0w President Trump is pushing to bring more Manufacturing Jobs back to the us. Hes already met with the heads of ford, General Motors and fiat chrysler, telling them they must make more of their cars in america. Now the us is a key market for mexico. Taking a look at this graph, you can see
Built insubmarine mumbai by a french ship builder. An investigation is underway. Catherine first, in italy, 120 to have died in a powerful 6. 2 magnitude earthquake that struck the center of the country overnight. That toll announced by the italian Prime Minister who is in the region. This is the most powerful earthquake to strike italy since when more than 300 died in same region. World leaders offering assistance. Italian Prime Minister, matteo renzi, is promising a rescue effort. Hearts fallenith with tears want to remember these are stories of families, human, women, men, beings. Therefore, the primary sentiment commotion, pain, and profound emotion. Sentiment that can be found across the country from the north to the south political or personal ideas. This is an italy thats in solidarity with the this territory. Catherine hundreds of rescue crews from across italy and the thecan have flocked to towns, a 90 minute drive east of area. N a popular tourist reporter rescue operations i