We are getting breaking news, a little bit of data out of germany. One point 9 move in 2016, a touch above analysts and economists expectations. We were expecting a 1. 8 , and we have a 1. 9 . It is pretty much in line with estimates, rising 0. 7 month on month. We had estimated 0. 2 , so it is coming and above expectations. We have a little bit of china december new yuan loans. It goes back to an economy in china that may be boiling up a little bit, and you china loans increased almost doubled from the period last year. Lets quickly check on the markets to see what all of this piece of news means. We had the first News Conference, press conference by donald trump yesterday, the first one sense july of last year, certainly the first one since he got elected. Maybe because of the lack of policy details, the dollar weakened a little better there was a little disappointment and markets about the press conference, and that caused investors to unwind trade positions. Gold, for example, back
Francine a very warm welcome to bloomberg daybreak europe, our flagship morning show from london. Manus were waiting for a couple set pieces. Credit suisse getting those numbers. I think it is the resignation well spend time on in terms of the sentiment. These markets are still rallying. Me bring you these moving parts. The dollar extending losses, and some will be seeing a little bit of that, reacting to Michael Flynn resigning from the National Security advisory. Thats the sort of line you can draw. It seems a bit tangential. Does this tell us anything about trumps ability to implement policy . Manus mitsubishi would say its a little bit of a moment for the dollar, but its not exactly going to pound it into the ground. The damage to the dollar from the resignation will be moderate and limited. The chinese data, as you said, has that reflation headline driving the aussie dollar. Business confidence is the highest in more than nine years. Anna exactly. Double punch for the aussie dolla
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
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
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