Big automaker to be accused of cheating emissions. A soft launch in response. This is daybreak asia, live from bloombergs u. S. And asian headquarters. I am Ramy Inocencio in new york where it is just after 7 00 p. M. Lets go to the development in the nl. In vienna. G7. Ty to come on the look at what is happening with the u. S. Markets and how it could affect the asiapacific. Markets were up across the board. In the s p 500 and nasdaq hitting fresh records, in part of what happened in the retail sector. We will talk more about oil because that was on the downside and by far the biggest loser, down 5 . Our opechat is delivery, but not quite there. Crude struggling this morning. Even though we saw fresh records on wall street. Lets see how things play out in the asiapacific region could be seeing hesitation. Mobile equities on track for a sixth straight weekly gain. We might end the week on a cautious note. Seems the case for australia. 7019. Close to a 5 drop for the dollar. The 49 a ba
Jonathan plus the easy be prepares to unwind qe. It is only fair if you leave the club you settle the accounts. They seem to be fully and command. They are in a position where they will be surprised by what we do. Jonathan that is all straight ahead on bloomberg best. Hello, i welcome. Im jonathan ferro. This is bloomberg best your weekly review of the most important news, analysis from Bloomberg Television around the world. This week again with an unexpected chains from one of the big three u. S. Automakers. A management shakeup at ford replacing the ceo. It was a bit of a surprise. There have been some pressure for ford because the stock had fallen so much during mark fieldss tenure, and it was last week during the shareholder meeting, bill ford was defending the company to the shareholders, but he never mentioned mark fields by name. It cannot look right there was going to be some kind of shakeup at ford, but it was a surprise that mark fields did get pushed out and replaced by jim
Jonathan plus the easy be prepares to unwind qe. It is only fair if you leave the club you settle the accounts. They seem to be fully and command. They are in a position where they will be surprised by what we do. Jonathan that is all straight ahead on bloomberg best. Hello, i welcome. Im jonathan ferro. This is bloomberg best your weekly review of the most important news, analysis from Bloomberg Television around the world. This week again with an unexpected chains from one of the big three u. S. Automakers. A management shakeup at ford replacing the ceo. It was a bit of a surprise. There have been some pressure for ford because the stock had fallen so much during mark fieldss tenure, and it was last week during the shareholder meeting, bill ford was defending the company to the shareholders, but he never mentioned mark fields by name. It cannot look right there was going to be some kind of shakeup at ford, but it was a surprise that mark fields did get pushed out and replaced by jim
A smart new home could be introduced to this month. We have world coverage on daybreak asia, we will go to beijing for the Morgan Stanley china summit. Towill speak exclusively chairman and ceo gorman. Trick does apple have up its sleeve with this new home device . We will have details. This is daybreak asia, from bloombergs asian and american headquarters. Yvonne it is just after 7 00 a. M. Here in hong kong. Cpi breaking news from on the money. 2 for the month of may. A slight take up for the month of april. Core cpi is one to watch. We have been hovering around that 2 level for much of this year. The core cpi, which excludes oil and agriculture coming in at 1. 4 . A little more tame it. You have to factor in the low base effect, low Oil Prices Last year. Prices should stay up for some time. On the domestic side, demand is subdued. Should keep the bok on course to be accommodative. We will see how korea acts in an hours time. We start a new trading month in june. In new zealand, were
Why . Because of comments out of the delayed speech. Mark carney seemingly talking of holding off weight kite rate and weaknesses in domestic inflation pressure. This affects the u. K. Yield, so bonds are rallying. Up about. 1, but not seeing that correlation we usually see with the british pound. That seems to have broken down and barclays, down. 25. Four former executives charged of conspiracy to commit fraud. We will be taken that further as we go on. We have had a weaker day for the pound. This is on the back of england government saying they are worried about the impact of brexit on the economy and mark carney signaled they will not be rushing to raise Interest Rates. Given the mixed signals on Business Investment and Consumer Spending, and the inflationary pressures that are subdued and anemic wage growth, now is not yet a time to begin that adjustment. Francine joining us is , and they willr give us their take, simon, it seems as though from philip view,ds points of finances rea