Washington, our bloomberg voices are on the ground with todays top stories. Newndia, protests against a citizenship law sparked unrest across the country, raising concerns that Prime Minister Narendra Modi has taken his agenda too far. Joining me from new delhis bloombergs Southeast Asia government editor. These protests have been going on for about a week now. What do they want . What is the goal here . Reporter they want this new law overturned. This law bans undocumented migrants from neighboring citizenship,king while allowing migrants of other religions. Ifi has pushed this wrapped policies in the past, like his decision to demonetize 80 of the countrys currency, and yet he was reelected with a massive mandate in may. But the depth of this anger really hints that he is pushing his hardline hindu agenda too hard this time. Alix now we had to london, where the threat of a new deal poundsas wiped out the postelection gains. Joining us is jess shankleman. What happened the last few ho
Warm welcome to the show. The data is driving the markets. Downturn will stay for a long time. Be prepared for overly loose policy, harm in the long term. No shock and ought to come. Good morning. Are we jumping too aggressively on the optimism after china data. There were factors to consider. We have to bear in mind there are expectations that inflation could rise significantly in the first part of the year. Absolutely. Lets talk about the bond markets because our guest host says it is going to take 500,000 , 500,000 would not shake the fed. Bond prices are falling. Fedare going to see the cutting rates. The riskalk about market. What happened friday . Cuts at opec this week. A sense of a relief rally in the oil market this morning. , therty values jumped largest jump since 2003. Appetite returns to the aussie market. Qe in australia, that is the question we can debate. Green on the screen for the Msci Asia Pacific index. Bullish views for asia in 2020. 0. 4cline on friday of percent,
Financial sector to its part in fighting lemon change. Climate change. A lot of the focus is on trade or what will happen between the u. S. And china. Gold, always a good litmus test for risk. We can see the yield at 1. 85. Stocks gaining 0. 4 . A lot of focus is on earnings. Loose of ex conversation with the commerzbank she chief Financial Officer. Dont miss that conversation after 10 30 a. M. London time. First, lets get straight to bloomberg first word news. In the u. K. , the first cabinet resignation during an Election Campaign in a century. Quit after aretary report that he knew about a former aides role in the collapse of a rape trial. Ae labour party also suffered blow with deputy leader tom watson announcing he will leave politics after 35 years. He has long clashed with Jeremy Corbyn over the direction of the party. Willank of england probably keep rates on hold as brexit continues to plague the economy. It is expected to cut forecasts. Be nexttion is who will to lead the ban
There were glitches this morning with the launch of disney , but disney has come out and said there was so much demand that that is what caused the difficulties, so the market is rewarding disney for perhaps what is to come in terms of numbers as opposed to performance so far on disney . Tyson foods started in the premarket lower on a miss, but is upping its dividend to . 42, and it is up 5 . Guy lets take a look at what is happening here in europe. European markets getting a little bit more traction from an equity point of view, trading on very light volume, though. Telecom stocks one of the main drivers today. Vodafone getting some traction off betterthanexpected numbers. Eurodollar getting very close to the 1. 10 level. We are waiting and watching, trying to see what the president is going to say. No significant leaks thus far. Detailslso getting coming through from boeing. A big bounce yesterday on an announcement related to when it expects the 737 max to get back into service. Thi
Questions in the senate. The strain of the trade war. We will bring you an exclusive with the company ceo. Lets see how things are shaping up in the early part of the asian session. Not much of a guide to what happened on wall street overnight. Sentiment down after a report that the trade deal between the u. S. And china may not decide at aipac after all and that kind of took a dent out of the s p after seeing earlier record highs. The asx just going online. We are seeing a flat start to the trading day. Flat to the downside. New zealand seeing upside. A mixed picture when it comes to asia futures. We have the nikkei looking lower and the kospi pretty much flat we are looking at a mildly positive open. Well. D decision week as we are expecting a cut this week when it comes to december. Not so much certainty. We are also on bank of japan watch as well. Lets get you the first word news with gritted. With ritika gupta. Ritika lebanons Prime Minister has resigned. Demonstrators were attack