The Australian Election remains too close to call. Agency says the aaa status is threatened by the budget deficit. Us know what you think by following me on twitter. The china and hong kong markets are getting underway in 30 coming, but taiwan online right now. David money is getting out of risk assets. , investorsndex swaps are pessimistic, pricing in the first fed rate hike in march 2018. That could all change. Malaysia and singapore opening up now. Some markets shut today. Acrosseeing a selloff the asiapacific. Higher, gold at the highest level in two years. Have a look at how asia breaks down. The big losers are the mining stocks down 2 , carmakers down 3 . A lot of that comes down to the yen pushing towards 101. A lot of money coming back into the bond markets. Japan yields record low. All at record lows. The 20 year bond touching zero for the first time. Frome seeing some comments , flagging that the 20 year could fall below zero today. Charts, have a look at the hardest drop tod
Before industrial parkway. A box truck and bigrig collided at 2 45 a and the lanes were cleared an hour ago. A driver died at the scene, but no word at other drivers condition. More break news in San Francisco, police are investigating a braise inbrake in at an Electronic Store at Fishermans Wharf at 2 50 this morning. A sandri up on to the sidewalk and wedged a battering ram between the car and glass door. Security guards say that two were it is walked into the store with empty backs and it is not clear how much merchandise was stolen. Another stuff day in store for delta passengers, several hundred flights have been canceled this morning, and more delays, too, after the computer delays, too, after the Computer System failure. As they arrived to make sure necessity could get on their plane. Delta reports 250 cancellations around the nation, and at sfo, though, the flight board is showing in cancellations and on time status for most flights. San jose and oakland are seeing similar cond
For not being a natural born citizen unless he cleans up his campaign. Day,l news 24 hours a powered by 24 hundred journalists around the world. Im mark crumpton. Im emily chang and this is bloomberg west. Coming up a rough ride for the markets. Tech stocks feeling the pain. Investors say valuations have further to fall. Why chi wants dude to bring back in stock. And Silicon Valleys attitude problem. First, to our lead. Another week of extreme volatility as companies adjust to a new reality. Triggerhappy investors are ready to sell on the slightest instability. Even socalled bangs stocks are not safe. Amazon and netflix among the biggest losers. Activision and pandora plunging off the back of their latest reports. How do we talk about what is going on in the markets . My guest host for the hour to discuss, keys rob y, and Paul Kedrosky in san diego and oliver new york. Oliver, what happened today and this week . As you pointed out, a lot more volatility in the markets. Seems like that
President ial candidates in both parties are campaigning in South Carolina. Former Florida Governor jeb bush is drawing larger than expected crowds. His Campaign Says that events are being moved to larger venues do to increase demand. Hillary clinton is also campaigning in South Carolina before attending a dinner event in minnesota along with Bernie Sanders. And donald trump has tweeted that he will soon sue ted cruz for not being a natural born u. S. Citizen unless he cleans up his negative campaign. Cruz does not ted clean up his act, stop cheating and doing negative ads, i have standing to sue him for not being a natural born citizen. Global news 24 hours a day, journalistsur 2400 around the world. Im mark crumpton. Emily im emily chang and this is bloomberg west. Coming up a rough ride for the markets. Tech stocks feeling the pain. Some investors say valuations have further to fall. We will discuss. Could Chinese Companies thats a higher ipo price at home than abroad . We asked why
Were january 6. Remember those really ugly days that started the market . Most of these your doesnt look that bad anymore. Extraordinary gains weve seen in the last week and a half or so. Alix in some ways the rally was not expected today. The shanghai composite of the most in a month, you had the overnight repo rate klein. It really wiped out the 10 rebound since its low but u. S. Stocks were able to claw their way higher. Another wild thing that happened in asian trading. I didnt know that japan has a 40 year government bond. I sort of assumed it cap touted 30 years. Now that is trading below 1 yield. The bank of japan went negative, the yields have really collapsed. That is just crazy. The dollar pretty much holding steady. Strengthening on support that support is growing to impeach the president. In our weekly has to do with oil. We have headlines crossing around 2 00 saying that Venezuelas Oil minister was saying that russia and the saudis agreed on a march meeting during a tv int