Promises and his administrations performance so far. We have world coverage on daybreak asia, live in tokyo for japans latest inflation data and a breakdown on nintendos results. Betty here in new york we will look at big earnings from Technology Companies and talk to a former u. S. Ambassador to china, from montana. President trump is set to mark his first 100 days in office on saturday. This is daybreak asia live from bloombergs u. S. And asian headquarters. I am betty liu in new york where it is after 7 00 p. M. Yvonne i am yvonne man. Forhoneymoon period President Trump may be over soon, marking those 100 days in office. We are marking it with policy with saw. Betty whiplash, in fact. Lets look at how the markets closed today. It was whiplash. We went up and down throughout the session, there were lots of questions about how we get through tax reform, are we going to repeal obamacare, are we in or out of nafta . We ended fundamentally higher, earnings doing well. The nasdaq composi
Target, prices refusing to budget in march. Haidi chinas oil giants benefit from cruise gradual recovery. Opec says producers are unified in rebalancing the market. Rishaad the regions banks are starting to report earnings, so far reflecting a general upturn in the economy. Right, lets have a look at what has been going on today, dominated by currency markets to some extent with mario draghi beast. D as an elusive doing nothing to cement a vision that tapering will start when it comes to the Monetary Policy situation in europe. Suggestingindicates more power to move currency markets. We are looking ahead as well to data out of the united states, a first read of firstquarter gdp later today, as slew of japanese news as well. Haidi extraordinary Monetary Policy around the world. Take a look at this chart 5548, fed, boj, boe, ecb, starting to see that the versions, no surprise is from the boj or ecb, exitario draghi saying an is too early to talk about, things are going better and adjusti
The new president takes power in seoul, korea. Right, we saw another record when it came to the nasdaq, weakness for the dow, and the s p we have this whole story about the index, some say it is a view on options. Lows, but to 24 year if you look at u. S. Policy uncertainty chart, it is in marked contrast. Indeed, we have that disconnect between the two bank. Might have more to say about the options market, traders looking for that rebound as volatility creeps into different asset classes. By the way shinzo looking stretch, so perhaps that will give some room for recovery when it comes to volatility. Perhaps traders not prepared. Rishaad that was quite something this morning, wasnt it . Sophie that was a shocking given what we heard from the fbi. Perhaps some clarity on that front . We are 30 minutes away from the open in china and hong kong. How our markets tracking. Are markets tracking . Haidi the big story is australia, south korea, and the country waits for a new president , turni
To extend its surge. That is helping those Energy Players today. We are seeing copper higher by , and auminum up by. 4 good gain in steel as well. A switch out of gold, not function, the gmm but an indication we have investors not to worried about risk. We are the stocks watching, Lg Electronics having its biggest drop since february 27. Trading boy them is double the 30 day average. It is still falling, a day after samsung launched its new phone. Takeda pharmaceuticals up, its vaccine has triggered immune responses, and you can see dulu of the worst performers as we saw a downgrade saying the gain is unwarranted. Lets look at the off shore renminbi, some movement there. Weakenhave the pboc the fixed today, and they did open Market Operations saying there is enough liquidity. Rish. Right, lets get to first word News Headlines and find out what is going on. The ousted korean President Park geunhye is in court as judges here arguments for her arrest. Aosecutors are seeking warrant over c
A warm welcome to bloomberg daybreak. I am anna edwards. Lets describe what has been called the night of the long knives in the South African political despair sphere. Dhe devaluation of the ran coming through as president zuma replaces his finance minister. Gordon is out, replaced by somebody with little financial experience. The former finance minister, speaking on the phone to bloomberg in the last few minutes, saying there are a range of characters troubling the treasury. Andion between him and zuma part of the anc. Also saying south africas treasury has a strong team of professionals. We will discuss this through the program. Certainly, the new minister does not seem to have from the cv to have a great deal of experience. Anc, could split. The presidency could be called into question. A fairly popular emerging market destination. Lets come back to the south africa story shortly, but we will check out where we are on various assets in the overnight sessions. The bloomberg dollar in