And, asiapacific trade ministers concerned about rising protectionism, but no mention of it in their postsummit statement in hanoi. The start of the brandnew asian trading week. It is all about oil. We are fast approaching that meeting in vienna. The markets have pretty much priced and that ninemonth extension. Latest over the weekend, we are hearing that saudi arabia saying all opec producers are up for this extension. Take a look at this chart in terms of where Price Expectations are going. That front month the vti with the nearest expiration contract, converging at 50, so whether the news has 10 baked in or there is further upside when it comes to that oil price, even if we get that extension, and the flip side of that story is where u. S. Shale production goes from here, because the biggest opecion has not been producer sticking to their end of the bargain as opposed to whether their efforts are being undermined by increasing levels of u. S. Production. We have seen u. S. Inventori
Silence and saying that there is no basis for the continuing depreciation. Assessing and not much abenomics, three years in, has the programs finally failed . You can let us know by following me on twitter and do not forget to include the. The chinese and hong kong markets get underway and singapore, taiwan, and malaysia and they remember thats. This is the past couple of would have the withgs of a recovery rally 1 in the open. Region,he rest of the it was the worst rout that we had seen. And a veryedible low different feature today. Andre seeing the gold gains and Energy Resources named in new zealand. It is a big gainer, in terms of delivery. Crude coming a little bit in this session. Mind the gains are in the u. S. And will carry through in asia. 22. A look at there is a rally ahead of now. The numbers are going well and and weexpecting exports are looking forward to the opening in 30 minutes or so. Say they have catchup to do to meet the rest of the markets. And it is ahead of the
Names in business shoot from the hip. Mark in Silicon Valley, they are in their own world. Sen. Sanders this is a litmus test. I am worried about the future of american democracy. Howard they are scaring the hell out of people. Shery plus, conversations with highflying executives at the singapore airshow. It is all straight ahead on bloomberg best. Shery hello. I am shery ahn. Welcome to bloomberg best, a weekly look at the most important Business News, analysis, and interviews from Bloomberg Television around the world. Lets begin with a day by day review of the weeks top headlines. On monday, trading resumed in china following the Lunar New Year holiday amid new concerns over the stability of the yuan. A day of dramatic headlines here with china dominating the news. The pboc governor broke his long silence. What did he say . What was significant about it . His message in and of itself, i would not say we officially knew. He said we are not engaged in competitive currency devaluation.
Worse. The biggest names in business you from the hips. This is a litmus test because im worried about the future of american democracy. They are scaring the hell out of people. Plus, conversations with highflying executives at the singapore airshow. It is all straight ahead on bloomberg best. Shery hello, im shery ahn. Welcome to bloomberg best. Lets begin with it day by day review of the weeks top headlines. On monday, trading resumed in china following the Lunar New Year holiday amid new concerns over the stability of the yuan. The days dramatic headlines with china dominating the news. He broke his long silence. What th did he say . He had officials come forward and not say we are disengaged from the currency valuation. The fact that he said it all is quite interesting. Toshould add some clarity investors. The key messages that were not going to push the currency down just to restore export competitiveness. Expect volatility along way. We can only take it at his word. There is esse
In business show. In Silicon Valley, they are in their own world. They are scaring the hell out of some people. Shery plus the singapore airshow. It is all ahead on bloomberg best. Shery hello. Im shery ahn. Welcome to bloomberg best, a weekly look at the most Important News and interviews from Bloomberg Television around the world. Lets begin with a day by day review of the week passed ks headlines. New concerns of the yuan. What did he say, what was significant . The message in and of itself was not new. We are not engaged in the current evaluation evaluation. The fact that he said it at all the key message is we are not going to push the currency down. We do expect volatility along the way. There is essential message coming from china that is not about devaluation. That is what a lot of Asset Managers this morning said. The fact that he said anything was a sign of support. The senior economist in singapore is saying the report we got on the trade front, his assessment does not make