I have a statistic, it has been over a thousand days since the brexit referendum. Yvonne lets check the markets. , hang senge nikkei to the upside, brushing off Global Growth concerns and geopolitical uncertainties with trade tensions. This is the position for the moment in sydney. The gold miners are taking a real hit. Gold price falling back, but elsewhere, this is the position, gold futures are up. They have been down largely, and way below the 1500 level. Gold miners in australia are cutting their forecasts, and fallbacks. To lam seng, we look to carrie to speak in about an hour, will she come out with new ideas . Market participants think not anymore. The u. S. Dollar against sterling, looking as though we are moving toward a deal. We only have until thursday. October 19 is a key date. The vix index is down again, and that suggests there is more confidence. That is the current position market wise. Lets go to new york with first word news. The imf has lowered its forecast for Glob
Thats all the resource tech higher in the cpi. Right now, we had several stories making the rounds with regard to what is happening. The 10 year yield, the noise at the moment that we can see the bank of japan Balance Sheet starts drinking start shrinking august of next year with redemptions and the like which may lift yields on the japanese bonds. Australia 10 year yield from the reserve bank, effecting things. Bund, looking at ahead of the talks. Deal on thea mini table that does it move the dial in terms of Monetary Policy . Commentators are suggesting it doesnt. It is too small a deal and has not been signed. They are penciling in another rate cut toward the end of the year. Which we are talking about the fed, trade very much at the fore again. Havee china and u. S. Emerged from last weeks trade talks with different takes on who and what was in this deal, and both sides say there are details that need to be hammered out before anything can be signed. Lets get to Tom Mackenzie, watc
The upside as we brush off some of the bad economic data. Lets get to the nub of what is happening. We see this movement for the u. S. 10 year. We have these gains of late dissipating, some recovery taking place. A little rally for u. S. Treasuries coming through. We have force johnsons brexits brexit Boris Johnsons tradersng, and that as await for a verdict as well. Oil 6. 3 down. The energy index as a whole lower as well. The asiapacific mse a asiapacific energy index is down 1. 3 . Energya asiapacific index is down 1. 3 . Lets get the market ahead of that decision with our Global Economics and policy mliv strategist. A week of spikes, oil and monday, and overnight, that technical issue, the spike in about 50rates, billion in liquidity. Later today, 75 billion more, if needed. Does the Oil Price Impact of rate cut decision . Spike has price already dissipated. Every chart you look at in your bloomberg terminal shows you you jump in oil a 100 prices to tip an economy into recession. I
Talks to reporters we will bring that to you live. Keep it here. In the meantime, new fallout over israels surprise decision to bar to members of the socalled democrat congressional squad from visiting the country this weekend. President trump expressing his strong support for the move and now 2020 democrats and many others are starting off about it. Welcome, everybody. Im david asman and this is bulls bears. Training on the panel today carol ross, liz claman, john lakefield, and gary. The Israeli Government making the lastminute decision to formally block entry to congresswoman omar and Rashida Tlaib over their support to her palestinian led boycott movement. The two were scheduled to travel to israel tomorrow for a five day trip. Prime minister Benjamin Netanyahu defending his position saying israel is open to all criticism but not calls for boycotts that harm the state. Theres been a lot of response on both sides to israels move in here is what 2020 candidate liz warren tweeted out
Anna a very warm welcome. This is bloomberg daybreak europe. Im anna edwards. Manus im manus cranny. We have one of her last interviews as the ceo of easyjet. Thats at 7 00 a. M. Anna later, we speak with david duffy. He will be joining us later on to talk banking. The world is a strange place. The german elections, very boring for a long time. Challenges and janet yellen plans to step down from the fed. You look at the world, you look at north korea. Its been named a state of terrorism. Where do you put your money . Gold did have its worst loss in two months yesterday, down by 1. 2 yesterday. Where do you hide . Open interest takes a spike. Open interest in gold is at the highest since june. That is at the close of business last week. Increasingly, geopolitical events have reported the tactical use of gold in the short term we have heard this before from a variety of people. Lets see where it goes for the rest of the week. Anna we will show you where we are on the msci asia. Despite t