Reform path, if it enables no, then investor will say europe, italy is starting to become a little bit slow. Watch out. Get it. Swiss watch imports, exports rather slump by more than 16 as the slow down continues in october. Donald trump takes to you tube to announce hell withdraw the u. S. From the tpp, the Transpacific Partnership on his first day in office. Good morning, everybody and welcome here to street signs. Glad youre with us. Of course closing out once again in the u. S. With new all time highs across all the major indexes there. The dow, s p, nasdaq, russell 2000, russell 400 midcaps hitting all fresh new time highs. The russell 2000 saw its 12th positive session in a row. Thats the first time weve seen that in 13 years. These gains really continue. Ten out of the 11 s p sectors were positive led up by energy. That was an outperformer. Real estate the only negative sector which was down by a hair or so. This trump trade is just continuing for the time being. There doesnt se
Investors are asking if sterling falls and if inflation shoots up, does the bank of england have a hike rate . E brexit could cause spillovers into the u. N. Economy. Core inflation. But it does see a pickup in inflation. Its delaying investment and spending decisions and the brexit could materially affect inflation and the g. D. P. And jobs. They are not stopping, warning about the risks of brexit. Only a few months ago he said he wasnt going to wade into a Brexit Debate. How things have changed since february. No terrific moves off the back of that warning. My question to you would be, the labor market yesterday, solid. The warnings, do you think into the data . Thats a good question but the p. M. I. Data suggests it is Second Quarter is at. 2 . As you know the end of last year we grew. 4 . The big question for economists and the bank of england is how much of a slowdown of the economy is brexit related . We have had a suggestion that some of the slowdown might be nonbrexit related b
Lee k shang lee k shang. They are revealing a new location for the Gemini Bitcoin exchange. A fundamental shift in the last 24 hours, a swing back towards remain over the weekend with the markets moved to go with it. Big gains in new york, the biggest pop since august of last year. It will continue with features firm. Board, a bigthe day for sterling yesterday, the biggest pop since 2008. The gains continue, pretty much unchanged for 2016. The euro is just a little bit lower and the fed chair is that to speak in just a few hours time. The euro down 1. 68 on the u. S. 10 year. David ok, john. Thes check in with Bloomberg Team for an indepth coverage of top stories. Anna edwards and it is in westminster and guy johnson is an london. Is in brussels, and Erik Schatzker is an washington. Jonathan all reporters and the lives of the stories are stacked. Withdwards joins us live the very latest on the polls from westminster. Guy johnson alongside me to talk about the market reaction. Anna, the
Matt we are nearing the Halfway Point at the trading day. Lets go to the markets were Abigail Doolittle has the latest. Abigail great to be here. Good to see you in person. We do have a nice rally going on here for u. S. Stocks, the dow s p 500 and nasdaq are all nicely hired. We see the bullish activity accelerating for the day. Nice exemplified the dow having its best day since august 5. We pull up a chart in the bloomberg, beautiful rally. This is where we started. We are now nicely higher on the best day for the dow since august 5. Of the s p 500, it is a bit a different story. We have the s p 500 languishing to some degree in a range interestingly unchanged over the last 10 days despite some of the choppiness in the range. Individual movers, lets look at stocks moving on music news, starting with amazon and pandora. Up nicely on the news out of a report from the Financial Times that the company could want a streaming Music Service very soon. Perhaps as soon as next month. Pandora
Will be for a breakout. We are talking about friday. Alix how the project on the downside when the defensive stock is already that defensive . Were going to discuss oils bl ull market with ed morris. He is bring his new call on oil. Yes, we have a little bit of strength in europe. Here futures are stronger but again, lack of conviction. Jonathan stocks go nowhere. Put that in a headline. That is the story with the ftse softer. The s pby 2 points on 500. No big moves. Eurodollar, one word, stable around 1. 12. Dollar oscillating throughout the last 24 hours. The dollar index was up for a fourth day. Then we rolled over. Been a choppy few hours of trading. If you look commodity markets, there is a theme. The pullback continues on crude. It resumes down by 1. 7 . Copper getting interesting, racing the gains for 2016 so far. We have the import data out of china on copper. Injectingows, uncertainty into commodities. Yields, the focus throughout this week, fiveyear yields. Were up a basis po