Basak Bloomberg News Today

Pepsicolas earnings this morning. Gina martin adams of Bloomberg Intelligence has been absolutely dead on on the earnings surprises we are going to see off the glue. Pepsi off the gloom. Camecame in al in almost flat. Futures up 18. Onathan futures positive the s p by 0. 6 . Cfohing up with the pepsico a little later on. This thursday, the ecb will be meeting. This coming weekend, european leaders get together. That is a huge focal point. Lisa the frugal five coming out, trying to push back agai...

Based on the risk off the further markets. It is time now for global exchange. We will bring you todays market moving news from all around the world. Our bloomberg voices are on the ground with this mornings top stories. Where to begin in asia, the coronavirus continues to spread in china, with the number of confirmed cases climbing above 75,000. Engle. Me is Stephen Stephen for the second time in about a week, china has rejigged its methodology for how to classify confirmed cases of the coronav...

Really solid quarter. Beats in equity trading. Joining me is bloombergs sonali basak. What is the bigger stand out for you . Sonali this is five straight quarters of outperformance. They are doing a good job, while also investing in digital and growth. Likeeturn on equity, i that number because we can compare across all the banks. That is a lot far behind jp morgan. But they can lean on the consumer for growth, and their Net Interest Income in light of the Interest Rate expect asians we have for...

Coming up from a heart inflation dense fed rate cut expectations and yield search as traders will just positioning. Bruce richards joins us to discuss the state of the credit market. First the feds inflation fight. Inflation is taking its time coming down. Inflation is a sticky animal. Perhaps inflation will remain high. February was better than january but not go. The Bigger Picture. 2 target. The broader trends in inflation are moving down. I do not think the said it takes a lot of signal from...

Market cap year alone ed and while ways chip huaweis ship that used technology from two u. S. Manufacturers. Caroline a macro environment paints the picture of a Good Environment that is not so hot that the fed cannot pull back on rates. 6 10 percent higher on the nasdaq, a new record high for the nasdaq and s p 500. Yes, tech leads the charge and ai is the area of focus, but we cvs see the s p push higher. What else do we see it clips . The record we saw on bitcoin. We get a new number. 70,000 ...

Hitting alltime highs for these indexes. The two yields breaking down below 4. 60, well below. About a three basis point move but remember we were still above 4. 60 just yesterday. Weaker dana driving those higher, the testimony to congress. The u. S. Dollar breathing a sigh of relief after reaching a record on the day here. Still up 7 10 of 1 off the highs of the day but still getting event. Bitcoin is getting off of record highs. It did indeed touch that record but has now fallen very meaningf...

Sonali coming up, top fed Officials Say they will wait for rate cuts. Short term rates move higher moving closer to 5 . We begin with the big issue, the data backs up higher for longer. We have so many fed speakers talking about higher for longer. Higher for longer. We are going to see higher for longer. The fed is on hold for the foreseeable future. The reality is the fed is highly data dependent. They came across more hawkish then expected. Inflection data is starting to look at her inflation ...

Sonali from new york city, for our viewers worldwide. Bloomberg real yield starts right now bloomberg real yield starts right now. Coming up, how will signals the fed to stay on hold but a beast but at least a future rate hike on the table. Credit concerns grow with a fastgrowing wall of maturities. That is around the corner but first well begin with the big issue. Volatility around powell. Powell said in his remarks the fed takes the world as it is. The committee is really feeling its way to wh...

Good morning and welcome back to bloomberg daybreak europe. I am kriti gupta in london. Tension simmer in the israelhamas war as President Bidens visit fails to win over arab leaders. The area signaling full backing when it comes to israel. The u. K. Prime minister begins his middle east war today as well. A selloff is underway in asian equities. Turmoil in the middle east combined with hawkish comments from the new york fed chief pressuring sentiment across the board. We will dive into the deta...

Coming up yields go for a ride. Seeing some ground to end the week. And thats because mixed with official saying the market is tightening rapidly. Inflation still running hot but how hot is too hot for the fed to push rates higher . We begin with the big issue, the market gets ahead of the set. The bond market is tightening financial conditions and that is doing the work for the fed. Europe was doing the feds job. We have been watching the rising bond yields the last few weeks and tighter financ...