Surveillance. There are many delta flights that have been granted because of a system failure, something to keep an eye on. We also have a little bit of Economic Data coming from germany. We also have a little bit from america. Obviously, a light week in america after the festive set of data we got last week. I would focus as well, francine, what we saw from japan this morning. Truly, since world war ii and back to the middle of the 19th century, quite an announcement from the emperor. Francine we will have plenty more on that, but first, lets get straight to the bloomberg first word news. Reporter more on japan. The emperor of japan is signaling he is ready to step down. Said he is concerned he would be difficult for him to carry out his duties. Succeeded by his son. Secrets confirmed that information has been provided to the u. S. He claimed he had been kidnapped and held in the u. S. For 14 months. But the Washington Post provided that he was promised 5 million after he defected. Th
Michigan is the biggest prize. Donald trump has a doubledigit lead, but there are signs that john kasich has been gaining ground. Bernie sanders is still doing better with younger voters. The European Union is getting a deal with turkey to stop the flow of migrants. Turkey made its most serious offer yet to stop the tide of refugees into europe. The Un Security Council sanctions were not enough for south korea. It is imposing its own penalties on north korea. South korea will present entry of any ship that has visited north korea in the past six months and his blacklisting people linked to north koreas weapons of mass destructions. Take a look at futures. Down across the board. The same concern about chinese exports. Take a look at europe. Also going to see red arrows overseas. As far as what we saw in asia overnight, we did see red arrows, except for in china. Take a look at this chart. Japanese 40year yields coming below the u. S. 2 year. You can make more money loaning to the u. S.
Julie it was triggered after we got Economic Data out of china. We saw it spread around the globe. Commodities got on board as well. All of that contributes. You will see what im talking about. Its bumping along your the bottom. Its not as low as we were when the s p fell 1 . We have seen something of a tracking of oil prices. Nonetheless, directionally both of them are taking a step lower at the same time. Oil prices are up 3 . There was an attempt at a rally in oil, but it could not be sustained. Energy shares are the worst performers, down 3 . Some of the recent winners. Those of the losing losers again. They helped lead a recent rally and now they are gone again. Financials are competing. Alix you have a draw into the treasury market. Everywhere. Here and look at the 10 year note in the united states. We see the yield go down to 1. 82 . The 30 year is interesting to look at if you look around the globe. Investors want safety right now. That has been happening all your long. The que
State. He was at united arab emirates, where he spoke to troops. He says the u. S. Has carried out 1800 airstrikes against Islamic State since october. Angela merkel says she hoping for talks to be cut,. Angela merkel and other european leaders are holding an emergency summit in brussels today. They want turkey to do more to stop migrants. Nancy reagan is being remembered as the first lady who nurtured the political career of her husband, Ronald Reagan. She died yesterday. The couple met when they were both actors. Illegalaigned against drug use and became a advocate of stem cell research. She died at 94. Global news 24 hours a day, powered by 2400 journalists in more than 150 news bureaus around the world, i am caroline hyde. Matt i quickly want to touch on iron ore. I am looking at the generic contract here, but there are a number of different contracts you could follow. Here we see a 17. 3 jump. There are others where you can chart a 21. 5 jump. Iron ore is all of a sudden rising by
Naval station norfolk pick up but its been heavy out there since about five oclock this morning. Maybe a little bit before that lets head to our camera now we have a couple of things working around naval station norfolk sell ideas deployment day the us is barry headed to japan and nine this morning a lot of traffic they are combining with the normal traffic then heads to the base in the midst of all of those backups. We also have an accident on sixty four west and the insides of lanes hov lanes just past chesapeake boulevard to the left lane is blocked you can see one lane open here the outside to the blaine just jammed when i give you a live look is well aware the backups begin ill say that this is what fifty four westbound around or view avenue which is a couple of miles away from the accident scene several miles away from the five sixty four interchange and five sixty for all the way into the base is a mess so if youre reporting to work and are still at home mom to abound who said l