What is hot and what is not. It is always difficult to actually predict returns. We see there is a delay in the of facts of brexit. Jonathan plus, we sought through earnings reports with reaction from the seasuite. All our businesses are making progress. Our focus on organic growth will remain. Jonathan it is all straight ahead on bloomberg best. Jonathan hello and welcome. Im jonathan ferro. This is bloomberg best. For much of the week, the focus of the Business World has been on washington, d. C. , as the active and embattled Trump Administration continues to dominate the headlines. Reporter President Trump and canadian Prime Minister Justin Trudeau concluding their news conference, where they discussed the need to tweak terms of the trade agreement with canada. Tweaking is a far cry from what he described on nafta, a tearing up of nafta. They obviously covered mostly trade, as you expected. Was there anything here that was surprising to you . Reporter there was what finally came at
We see there is a delay. Plus, we sought through earnings reports with reaction. All our businesses are making huge progress. The pendulum has swung. It is all straight ahead on bloomberg best. Hello, im jonathan ferro. This is bloomberg best. The most in review of important Business News analysis and interviews from Bloomberg Television around the world. For much of the week, the focus of the Business World has been on washington, d. C. , as the active and embattled Trump Administration continues to dominate headlines. Reporter President Trump and Justin Trudeau concluding their News Conference where they discussed the need to tweak terms of the trade agreement with canada. Tweaking is a far cry from what he described on nafta, a tearing up. They obviously covered mostly trade, as you expected. Was there anything here that was surprising . A lot of canadians wanted to hear about, tweaking a trade deal with canada, not necessarily ripping it up, all things are on the table the type , o
Ban and a bill to replace obamacare. Interest rate increase next annd almost certainty almost a certainty. The big australian lenders back in the spotlight as lawmakers get tough on banking comebacks. Breaking news has come out of manila. It is the Consumer Price index, inflation 3. 3 . That is an annualized rate, economists expecting an increase of just slightly less. Still giving a little bit of wiggle room for the central bank there in the philippines straight thats where we go at the moment. Thats right for a potentially the fed does not have ahead of next weeks meeting. Market very richly pricing in, that the high could come at a margin. Of a direction, a muted session in asia. Tracking those losses we had in the u. S. Action, we are 30 minutes away from that market open in china and hong kong in the meantime thomas r, thailand, malaysia 23. Lets get the latest from Sophie Kamaruddin on the markets. Are seeing caution prevailing today, korean stocks leading gainers in age despite
Shadow brexit secretary, the portuguese finance minister, and a Brexit Committee member. The Vice President of the European Commission also joins us a little later on. The four we get the brussels, lets get straight to the bloomberg first word news. Heres nejra cehic. Nejra President Trump will be briefed later on various ways to implement comprehensive tax code changes. He will be presented with possible changes i officials including gary cohn. That is according to people familiar with the meeting. French president ial candidate Francois Fillons wife penelope has been charged in the fake jobs probe according to reports by french Media Outlets citing unidentified judicial sources. Her husband has been charged with graft, which he denies. Calls to an olivia fillons lawyer were not immediately returned. Blackrock is said to be shaking up its unit by cutting jobs, reorganizing funds, and lowering fees according to a person familiar with the matter. The revamp moves money into cheaper offe
Follow me on twitter. Dont forget to use the hashtag as well. Hong kong underway in 30 minutes. Singapore and malaysia are online. Shery stocks are rebounding from yesterdays losses. We are seeing positive sentiment from wall street as a result. U. S. Stocks are gaining on a bit more positive. We are seeing the asx 200 gaining 3 10 of 1 . We have australian trade deficit numbers this morning narrowing more than expected, coming in at 2 billion instead of the expected 2. 3 billion aussie dollars. Also, the july trade deficit revised lower. Down 6 10 ofalls, 1 . Leading the gains in asia, the nikkei up a tense of 1 , being held by a weaker yen. The cost yield up for tenths of 1 . Take a look at the japanese yen. Although it is not doing much, this comes after weakening for seven consecutive sessions. Right now, holding at 103. 47. Also, analysts say we are going to see more u. S. Dollar strength, so we could see a japanese yen wakening, especially before the december faos fomc meeting. T