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how on earth can anyone get a hotel room right now? tom: they can t. some substance may come out of it. i m watching more e.c.b. than opec. i think it could be interesting. caroline through surveillance for the five hours this morning. but right now to bloomberg news. the opec ministers are in a meeting this hour with production policy atop the agenda. delegates familiar with the situation think saudi arabia is ready for a deal with opec members in an attempt to mend divisions. no formal offer has been made. the e.c.b. is in vienna for the rate decision. economists see no change on the horizon. the president will brief reporters after they set policy. the projections are set to reinforce the monetary easing that the e.c.b. is struggling to meet inflation goals. angela merkel is headed for another conflict with the turkish president. the parliament is voting on condemning the ottoman empire killings and deportation of armenians as genocide. france, russia and other ....
best interviews, and big names discussing big challenges. institutional investors are trying to deal with volatility using etf s, and etf s and dts are actually sharpening volatility. you don t take people out of their walks of life and say, i am going to turn you into a political operative. the window of opportunity is closing. we need the resources so we can protect american women. anna: how china s economic acceleration is driving a new car culture. this market is growing at 40% or 50% a year. anna: it is all straight ahead on bloomberg best. anna: hello and welcome. i m anna edwards. this is bloomberg best , your weekly review of the most important business news, analysis, and interviews from bloomberg television around the world. let s begin with a day by day look at the top headlines. with markets closed on monday in the u.s. and the u.k., the biggest news to start the week came from asia. the singapore listed commodity trader noble group is making ....
retreated on friday from the seven-month high after data showed that u.s. hiring fell to the lowest in him a six years in may. the dow jones industrial and nasdaq also fell. we are counting down to the open in australia and japan. futures in australia looking like this, a slightly higher open. economists are expecting the rba to keep interest rates at 1.75%. , whereet over to japan the latest gdp numbers come out on wednesday. futures trading in chicago pointing to a lower open. 6.72, it is pretty strong against the u.s. dollar ahead of brexit. .wo markets to tell you about u.s. treasury secretary jack lew says china is moving in the right direction on the yuan, but needs to improve its monetary policy communication. he spoke to bloomberg in beijing where talks are due to start later today. tom mackenzie is there for us. what exactly did jack lew say? good morning. the u.s. and chinese side will be meeting in a few hours on the outskirts of beijing. it was a wide rangin ....
devaluation was confusing. repeatingeading his claim to china south china sea. let us know what you think of our top stories. follow me on twitter @rishaadtv, include #trendingbusiness. shanghai, shenzhen, and hong kong reacting to that u.s. jobs report. here is juliet. what a disastrous number for that payrolls number. we are seeing weakness come through from a laser on the open. singapore opening higher. from malaysia on the open. singapore opening higher. most of the weakness coming through from the nikkei 225 as the yen holding near one-month highs. this is a story of dollar weakness. the likelihood of a june rate hike in response to that jobs number now only 4%, down from 30%. the likelihood of a july hike down from 50% to 27%. down 1.4% with the yen holding on to those highs. australia, up by a third of 1%. gains from gold players. that shows you how much there is in terms of risk off sentiment. investors flocked to that safe haven gold price. zealand closed tod ....
let s get straight to the pound story. we have seen a great deal of volatility which we need to communicate to you. one month volatility getting a seven-week high. the panel itself hitting a three-week low. ,his is implied volatility bracing for the eu referendum which will take place on june 23. we have had a couple of polls over the weekend that seem to have put some moves into currency markets. 45% leave, 41% remain. poll, 41% believe, 41% remain. we have to be a bit careful of the polls were the field work was done during periods of school holidays. thought people who were younger and more affluent could be away during that period. it doesn t change the fact that the currency markets have been reacting to these polls. let s move on to all risk radar. the nonfarm payrolls number the lowest in almost six years. we have got the malaysian ringgit surging the most in nine weeks. a move of more than 1% against the u.s. dollar. have the dollar against the chinese currency ....