Page 10 - Oil Commodities News Today

To very warm welcome bloomberg day break. Im anna edwards. Lets talk about some of the extraordinary price action that were seeing in this environment with regard to the euro this morning or in the middle of the trading day in asia. Extraordinary is the key word in all of this. You would have missed out on a 1. 6 spike on the dollar. Take a look at what were seeing here. Even pulled it back on four trade full trading days. 1. 6 . We spoke to some of the Foreign Exchange traders out there. They s...

For regular rate hikes. Toa a very warm welcome bloomberg daybreak europe. I am manus cranny. China has gone from being the global deflator to potentially the exporter of inflation. 5. 5 busting through expectations. And that is what is driving markets. Negative real rates. What we have done is track profits of Chinese Companies with those inflationdeflation numbers. Down goes inflation and the prophets. Profits in china have risen by or 2. 5 in november. Is there more to come . Have we reset th...

An inside look at what happened when the news broke. Reporter George Lombardi is a real estatate investor whose friendship with the u. S. President goes back more than three decades. Lombardi was near the dinner table of donald trump and japans Prime Minister when news broke that north korea had tested a missile. Lombardi says the cheerful mood suddenly changed. And at one point in the middle of the dinner, we saw a lot of aides, both americans and japanese, going to the table and coming back, a...

Anna im anna edwards. Its 6 00 here in london. 7 00 if youre watching in paris or berlin right now. Lets dig into the basf numbers, the German Chemicals business. Adjusted earnings before interest an tax 1. 18 billion. That against an estimate of 1. 16 billion, in line or a touch ahead of that estimate. Q4 sales coming in above the estimate of 14. 1 billion. Theyre proposing a dividend of three euros per share. They say 2017 will be slightly higher. The estimate has been 7. 24 billion for that n...

Jonathan coming up on this program, we had an important conversation with jeff currie. That is all coming up a little bit later. Softer,a little bit negative four points on the s p 500. A marginal move to the downside. Follows thats as yields lower by a basis point. The euro down a dollar six cents. It will lower by about 0. 1 . David Major Development in washington just sense since yesterday. We are joined by kevin up on capitol hill right now. Start with the Health Care Plan. Ryan House Speake...

For china . The bond market is ebbing. Fed signal a letter ate . Flattter r matt we see the ftsi as the as futuresner as far are concerned. The dax little changed and the cap pointing to a slight gain,. 1 of 1 . As far as the bund tray goes, investors continue to buy bunds, slashing down the yield. Maybe it is a risk off kind of day. Yields going down, prices going up, that seems to indicate that the reflation trade is fading and animal spirits may be back in their box. Nothing is happening at l...

Imf, and underlying all of this is what we are seeing in the markets. Tom the markets repricing with a handle on sterling and stephen king will join us here in a bit. But i agree, the topics in the hallways will shift. Taylor lets go to the bloomberg first word news. It was the Vice President ial candidates turn in the spotlight. Tim kaine fended off last night. At one point, the two sparred over reports that trump may have not pay federal taxes. When Hillary Clinton said he hasnt been paying ta...

Even though officials did not exclude the bond buying thing extended. That is what you need to know. David continuing on the top story about the ecb. A many tempora cant a mini tenter hampshire a mini temper tantrum. Gradually tapering away from quantitative easing. We are joined by paul gordon, our editor responsible for covering Central Banks, and guy johnson in our European Headquarters in london. Paul guy, im sorry. I want to go to you. Tell us what the reaction was in the markets over there...

Market and we saw the s p turned negative again for the year. Julie sort of bouncing around a bit today. Turning negative for the year once again. It looks like investors are looking ahead to the fed minutes this afternoon. They want more information on the thats next move and in waiting for the ash on the feds next move on the feds next move. The s p and our remain in the red today. And dow remain in the red today. The bestperforming group today as we see an increase in estimates for the fed to...

The normal meetings, or they . Are they . Anna the meetings in vienna are getting a good deal of profile. Vienna is going to be the place to be. A lot still on the radar. We have opec tomorrow, the ecb, and the jobs report on friday. Tom now we have photos from japan. I believe video from japan as the Prime Minister, this is a retract, folks, he will a National Sales tax. Much of this was foreshadowed when he was with the president and leaders in g7 and hiroshima where he made very clear he was ...