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
Theresa may and eu insists that brexit ball is in each of his court. Yousef it is 8 00 a. M. Across the emirates. I am yousef gamal eldin in dubai. Angie i am angie lau in hong kong. Ink politics means punk politics means pingpong politics. We take a look across the asiapacific region because it is admirable sparring in washington that is putting in doubt that u. S. Tax reform proposed by trump. Japan, south korea coming back online. The kospi climbing the most after attending holiday and one of the big movers on the kospi is samsung. Take a look. It is my the biggest movers on the kospi index. Yousef, what is moving in your market . Yousef look, quite a few things to look out for. Brent crude, little bit of gain but the opec nonopec talks not really impressing this market. Really up. 1 . We are looking ahead to u. S. Crude inventories, those are forecast to decline way third week. Gold futures ahead front of the fed oh head of the fed minutes. U. S. Treasuries the comeback on. Ine, ju
Donald trump seizes on the London Attack to make a case for his travel ban. He takes to twitter to ask courts to reinstate restrictions from people from muslim countries. Yousef dice rows over the effectiveness of the outputs. Bloombergsaight to about the terror attack on London Bridge. What is a very latest . We have heard from metropolitan police, assisting commissioner mark, who has cleared up what happened. He said a van containing three suspects drove through London Bridge onto the pavement and engaged and hit pedestrian pedestrians. Three men got out of the car and proceeded to engage in stabbing with aacking victims knife. We know six people have died from both of the attacks. All three of the suspects were shot and killed by police. There were some reports that the attackers had been wearing explosive will explosive belts. Police have concerned have confirmed that they were hoaxes. One point that mark made clear to the press is that they are still some way from finding out what