Said to be sweetening the deal in dubai. Fany saudi aramco meets investors as it looks to boost support for its mega ipo. It is bloomberg daybreak europe. We are live from dubai. Nejra cehic is having a wellearned day away from the mayhem and the carnage that there is in the bitcoin market. Day nine of a drop. A battering and value. Sub 7000. The pboc warning people away from bitcoin. What needs to happen to get bitcoin back on a rally, may be a complete drop in trade negotiations. Deal. Phase one committed to phase two and three. The two other risk markets, ground zero for trade for the aussie dollar and the won. Do we have those markets . Lets have a look at them. The dollar down, the yuan strengthening. Won rallies. The chinese playing to the hawks. The policy hawks. Up a twohe oil market month high. The daily machinations of trade drive the markets. To the u. K. , Boris Johnson unveiled a Safety First Program of policies in the partys election manifesto. Brexit boxnending set drama
A very warm welcome to you. Bloomberg daybreak europe. It is 6 00 a. M. In london. And the bears are showing their angs this morning. Copper is taking injuries. Dr. Copper has gone on holiday. 1843 is your chart if you want to have a look. Copper valued by 15 in 2017. Is it a shock people want to take money off the table . It is the metal with a phd. It tracks the economy. There is something much more prophetic for 2018. What you are seeing are the stockpiles in shanghai. They are rising for the fifth straight week. If you have such synchronized, robust Global Growth, would you still be seeing a rise in stockpiles and perhaps not a draw . We have talked about it yesterday to results and roads, railways, bridges, thomas. Tunnels. It may abate. Fixed Asset Investment may drop to 12 from 20 . That could have a more prophetic phd. T on the middle of a 1843. How is all of this transferring into the risk radar . Metals are down. You have seen the msci asiapacific come lower this morning, dow