Anna a very warm welcome. This is bloomberg daybreak europe. Im anna edwards. Manus im manus cranny. We have one of her last interviews as the ceo of easyjet. Thats at 7 00 a. M. Anna later, we speak with david duffy. He will be joining us later on to talk banking. The world is a strange place. The german elections, very boring for a long time. Challenges and janet yellen plans to step down from the fed. You look at the world, you look at north korea. Its been named a state of terrorism. Where do you put your money . Gold did have its worst loss in two months yesterday, down by 1. 2 yesterday. Where do you hide . Open interest takes a spike. Open interest in gold is at the highest since june. That is at the close of business last week. Increasingly, geopolitical events have reported the tactical use of gold in the short term we have heard this before from a variety of people. Lets see where it goes for the rest of the week. Anna we will show you where we are on the msci asia. Despite t
Welcome to bloomberg daybreak europe. Right here in the city of london, i manus cranny. I happy thanksgiving for any of our viewers who are tuning in late at night. The United States of america, your markets are closed, have another glass. When it comes to the steelmakers of the world, this is the be. Of 172ed operations billion euros. 1. 7 billion euros. Out to 1. 2. Comes earlierounced a merger this year, taking steps to combine the european still business with the regions secondlargest producer. Says itest dealmaker expects the rebate to continue into next year. Thats the question the markets i dividend up . 15 a share. They are riding that Steel Recovery like a bronco. We will have a conversation with the man who runs it, heinrich heise and your joins me just after 7 00 a. M. Just how bullish is he . We will face a squeeze in terms of that market going into next year. What that are way to start your day been a look at the global Steel Industry and what it is producing . Its a perso
Tenyear. But get you up to speed on top stories. Is taylor riggs. Federal reserve policymakers signaling there will likely be an increase next month. Their most recent meeting shows that officials are looking for stronger science of their rights. Want people want to see inflation on an upward path before another rate hike. Tomorrow, zimbabwe gets the first their first new president for a few decades. The the new could country as a democracy. He had fled after being president bite fired fired by president robert who got a, who will not face prosecution. In the u. K. , conservative party makers are delighted with a by hammond, who targeted Younger Voters with tax biggestand promised the Homebuilding Program in almost five decades. Conservatives lost over brexit. In germany, chancellor Angela Merkel make it a partial lifeline from democrats. Social democrat leader Martin Schultz is prepared to offer a limited support for a fourth term. According to people familiar with this plan, schultz
Plan enters a crucial week. Can the president get a policy win before the year is out . 4 00 a. M. T 00 a. M. , if you are in london. I am tracy alloway. We are at the start of another trading week here in the uae. Let us take a look at how u. S. Markets closed on friday. It was not a bad day for u. S. Equities. With the spx closing up about five points, helped by u. S. Retailers. It was black friday in the u. S. We saw the Retail Stocks push the index up, including macys. Macys is the sixth best performer i on friday. Amazon was the second best. Let us talk about the dollar because the dollar continues to slide. Since been sliding wednesday, now at its lowest level since eight weeks. He opposite story for the euro the euro now at the strongest in about two months. It looks like germany might be able to get past the political impact we were discussing last week. Fascinating moves. Here are some other Asset Classes we have been having our eyes on. Take a look at u. S. 10 year. 34, modes
Eight years into its life, surging towards 10,000. It is 8 00 a. M. Across the emirates. This is Bloomberg Markets middle east. I am yousef gamal eldin in dubai. Angie i am angie lau in hong kong. It coin, butabout lets take a look at the sentiment across the asiapacific market right now. Towards lets see 10,000n price was the predictor last week. Incredible prize for bitcoin, but the regional benchmark off fresh highs, losing steam, losing momentum. One of the biggest sellers is into negativeuing selloff territory, down 4. 3 percent after Morgan Stanley cut equal weight from overweight. Some is that stock price target well over 3. 4 million. Thestock has flatlined in past few weeks, so Morgan Stanley among the first to pare back expectations, its analyst downgrading back down to 2. 8 million. Yousef some other Asset Classes in focus. Crude complex Still Holding close to the highest level in two years for brent. This is slightly below the flat line. 2. 34, theper, Treasury Curve flatte