At the ecb, Christine Lagarde says the central bank will be resolute on inflation. Manus we kick off bloomberg daybreak europe, waiting to hear exactly what the list of unreliable entities are from the chinese back to the u. S. Alive and well against argentina, brazil, france. That is the market angst in global trade. It is not going down. If anything, we are ratcheting higher. Man back at it, and this is the first time President Trump has explicitly tied tariffs to currency issues. We sigh risk on session yesterday and that started to sour in the u. S. On the terrace risk and on the factory data out of the u. S. After optimism around china. Manus of course, you are quite right. Interesting how his view on currencies the bloomberg john, crazy from like a fox in terms of understanding how currency markets move. The backs rose on a of issues. Socgen says the fed will cut 100 basis points year and the u. S. Faces Recession Risk, and you may see yields drop to 1. 2 . Bloomberg say if you s
And says it will support a slowing economy. Australia fights bushfires on two coasts as the fans flames are fanned. Hottest days since record began. Shery clicks check foraw the dow gaining. 8 the first time surpassing the 28,000 level as we had a broad risk on session. S p 500 being led higher by health care and trade sensitive tech stocks. More positive trait headlines and that helped boost the stock market. Semi conductors, the Philadelphia Semiconductor index at a record high after Applied Materials came out and boosted sales forecasts. Nasdaq also at a record high come up. 7 . Haven assets broadly falling. 10 year yield rising for the first time last week not to mention that the dollar also saw a weekly loss. We will keep a close eye on what happens in hong kong this morning as we are now Hearing Police are ready to storm into the Polytechnic University in hong kong. Lets see how things are shaping up in asia. Sophie hong kong certainly is a focal point this monday morning. We are
Significantly. The latest on that story. Also, saudi arabias ambitious reforms. Movie theaters, yes, and so are fuel price hikes. It is 8 00 a. M. Across the emirates. This is Bloomberg Markets middle east. Inm yousef gamal eldin dubai. Ahead to Central Bank Decisions from the fed and ecb. That is determining the tone of a lot of trade at the moment. Jump into the bloomberg with me for the Global Markets map for the pulse in the session. Pressure, indices losing steam, especially the kos pi. The kiwi dollar, the spike we saw, resuming its charge, up. 25 . Overall an interesting picture developing ahead of key events. To some of over their Asset Classes as we warm up and prepare for these meetings. Gold up. 10 year paper steady at 2. 38 . Note on cable. That is holding on to lows. Hat is the lows of the month a lot of the energy from the weekend dissipated quite a bit. The one we complied volatility is the highest in two years. Looking ahead to the anc conference on sunday. A quick note
Outside seattle in the u. S. The death count expected to rise youll see initial signs indicate the amtrak train may have hit something on the track before it was derailed onto a busy interstate highway those are the headlines the news continues on aljazeera after inside story all season. A virtual coin worth nearly twenty thousand dollars that is still hard to understand but coin is pushing its way into the mainstream with its recent surge in value but whats driving it and can it be sustained in an regulated environment this is inside story. Hello im Kemal Santa Maria so were going to talk about bitcoin today because while a lot of people are talking about it right now the Digital Currency has moved from the fringes to more of the mainstream particularly in the past few weeks because its value has risen at such an extraordinary rate were talking around the twenty thousand dollars at the moment and just like a surging stock its left a lot of people wishing that i they got in earlier or
A review into how many people died when Hurricane Maria hit the island in september. Made the announcement following claims that they already gave a much lower number of fatalities the current official number of dead stands at sixty four those are the headlines news continues keep it here on aljazeera inside story is next. News has never been. But the message is simplistic and misinformation is rife listening post provides a critical counterpoint challenging Mainstream Media narrative at this time on aljazeera. A virtual coin worth nearly twenty thousand dollars that is still hard to understand but that coin is pushing its way into the mainstream with its recent surge in value of whats driving it and can it be sustained in an regulated environment this is inside story. Hello im Kemal Santa Maria so were going to talk about bitcoin today because while a lot of people are talking about it right now the Digital Currency is moved from the fringes to more of the mainstream particularly in t