Bloomberg daybreak australia. The top stories this hour. U. S. Stocks game on bets the fed can pull up a soft landing. The euro slips amid signs that ecb may stay on hold following thursdays hike. Soren 25 on its trading debut, arm. U. S. Futures coming online in the asian session. Shery investors were really digesting strongerthanexpected numbers, strongerthanexpected retail sales, producer prices. Our consumers in the u. S. Doing betterthanexpected is the key question. S p 500 finishing above 4500 but the auto sector was under pressure today. Detroit carmakers are facing a threat of potential walkouts. Take a look at treasury yields because they were up across the board. We are watching the two year break even because investors are looking at the possibility of shorter term inflation so it expectations are growing. Above 90 per barrel in new york for the First Time Since november. It has to do with the supply picture later in the year. Arms trading debut, a jump of 25 . Closing at 63
Sydney. Money supplier beating expectations. The Deleveraging Campaign was expected to intensify once it got past. Take a look at this chart. Is one aspect of the problem that policymakers are facing. Chinas achilles heel. That gdp growth is being outmuscled by the pace of the debt buildup. We got that in one sense from the numbers that came out. Financing more than expected. That brought us into the money supply number increasing more than expected from that 8. 8 the previous month. Debt buildup this continuing to take place in china. We are starting minutes out from the opening of the china market. Taiwan coming online. Dave is taking a look for us. David it was a little bit surprising. We were talking about these numbers coming out. Rethinking how long these oil curbs need to be in place. Maybe they will rethink about bringing that forward. We are just getting the oil price under way. Your subtitle is right here. Essentially, there is a crack. Two weeks weeks to fix. Asiapacific, ap
I find it a bit surprising he digit contact me. Crude clings on to gains afteren erratic session yesterday. The top firm is cutting 7 of its work force. Bp shares in the green after a u. S. Judge rules its liable for spilling less oil in the gulf than alleged. Its maximum mine will be 4 billion lower. Youre watching Worldwide Exchange. Bringing you Business News from around the globe. Quickly going to bring you flashes firstly out of the iea whose report on the oil market has come out and said how low the markets fall will be is anybodys guess. Macroeconomic weakness continues to strain Global Oil Demand growth. Prices do not be seeming to stimulate demand just yet. Stocks are rising to their widest surplus versus the five year average since august 2010. Well bring you a discussion on oil in the next 20 minutes or so. One other flash in the last five minutes is the greek Government Bond yields have risen 40 basis points to 9. 5. The three year has risen 137 basis points to 1. 11. 7. Tw
[shouting] [gunfire] that last scene there is one of the terrorists shooting dead in cold blood a parisian policeman. Three gunmen escaped. One of them shot the Police Officer at cold blood in close range. You saw that. What degree of surveillance is allowed here . Will we be attacked . The Parliament Building in ottawa, the coffee shop in Sydney Australia the Newspaper Office in paris again will we be attacked again . Colonel ralph peters on that one in just a moment. I want to top out what is happening in the markets get you caught up before we get to colonel ralph peters. The dow is up 135 points. Remember in the last two days it has lost 500. Maybe the fed is many could together rescue. Well pose that question throughout the days program. Stocks are up this morning. Look at price of oil briefly earlier today it touched 46 a barrel. Right now it is at 48. And here is our Interest Rate barometer. This is quick sketch of the marketplace. Were at 1. 98 is the yield on 10year treasury.
President xi jinping. Day two of a threeday stroist china. These are live images coming through from there at the moment. We do have, of course, arriving here threeday visit, accompanied by a whole gamut of Business Executives from germany as they try to drum up trade between the two countries. Lets look in more detail and get to beijing itself. Stephen engle is there with a closer look at the visit here. Steve . Im looking at it just as you are right here. Shes going to be given full military honor welcome to beijing as the premier hosts her. Met her last night after she flew in, her first stop on the three, almost fourday trip to china. Her seventh trip to china as chancellor since taking over as chancellor in 2005 and trade will be the focus of this visit last night. As i said, she flew in, merkel met with the premier and two, of course 0, exchanged the pleasantries before the cameras about the importance of building mute chur trust and, of course, business. Germany is chinas larges