Supply, reigniting concerns to geopolitical risk. An barrier, billionaire Money Managers Led Hedge Fund gains in the industrys best performance in a decade. Plus, is that the Tipping Point . Politicians and executives dissent on davos, a debate on whether the biggest drivers of the global drivers economy are picking. Two in for a huge week on newsmakers at the World Economic forum right here on Bloomberg Television. We are just under an hour away from the start of cash equity trading across europe and the u. K. Lets look at where futures are pointing us. Were looking at green arrows on dax, cac, ntt ftse futures. At cac features are unchanged right now. We see green arrows on ftse futures. U. S. Markets are closed for Martin Luther king jr. Holiday. Equity markets want be trading. But you do see futures pointing higher after a record close on friday. Oil jumped amid turmoil in libya. Caught in the crossfire of the nations civil war. Iraq temporarily halted work at an oilfield yesterday
Welcome to daybreak europe. We will see a little bit of selling in the asian session. A lot of read on the screen. Rates of korea cut kept rates unchanged, but cut its Growth Outlook. The bloomberg dollar index, we have seen an eightday winning streak. The sixthweek high for the bloomberg dollar index. Steady as she goes. Taking a look at equity markets in terms of u. S. Futures. The markets were closed for thanksgiving yesterday. Stock and bond markets. Futures under pressure for a second day. We saw europe close lower, too. Oil, just a little weaker, but it is heading for a fourth weekly gain ahead of the opec plus meeting. Opec and its allies are expected to extend the current supply pack rather than deepen those reductions. Following president trumps signing of the hong kong bill, there is one big question left unanswered, how would china hit back . The Foreign Ministry has issued a threat of retaliation, but they have been vague on details. Beijing will set the future course of tr
The broader context is that Global Equities are headed for a third month of gains, so a fair amount of optimism priced in in terms of the prospects of a deal. Stock and bond markets were closed for thanksgiving and we trade for a half day today futures are lower in the 10 year yield is is no indication of sentiment. Oil on the back foot today but we are heading to a fourth week of gains ahead of opec plus a survey saying we are not likely to get a deepening of those cuts. Lets get first word news in new york. Breaking impartiality rules, that accusation launched against channel four news after the broadcaster used an Ice Sculpture to replace Boris Johnson. He failed to attend the live Climate Change debates featuring leaders from other parties. Donald made a surprise visit to afghanistan for thanksgiving he met with the president as well as u. S. Troops. He said peace stocks with the taliban have resumed amidst a push for a ceasefire to reduce u. S. Deployment in the region. Taliban wa
Products a bid to list budweiser brand in hong kong and Saudi Arabias Energy minister says every country should comply with oil output. Well sit down with the russian Energy Minister later on this morning. A lot going on today also in oil space. I want to take you to highlights from the iea report. The agency has kept 2019 and 2020 Oil Demand Growth forecast unchanged. The latest report describes the newly appointed minister as an experienced figure saying the country has acted as a lynch pen even though the compliance rate has fallen to 116 in august and a recession is on the rise in germany. Saying the weakness in industry is slowly spreading to other sectors in the economy, quote, like an oil slick. Theyve scaled back growth indicators now forecasting 1. 2 growth. Well speak about this more at 10 30 Central European time. Interesting ifo is using the word oil and oil slick there could be potential for things to turn around. Ecb expectations have been prizing. Today, the central bank
Is reported. Score one for mr. Jamie diamond. A cnbc exclusive report of just how close Jp Morgan Chase is to winning the top advisory role, one of ifnot the biggest ipos in history it is monday, september 9th and Worldwide Exchange begins right now. Good morning, good afternoon and good evening and welcome from wherever in the world you may be watching us im brian sullivan, happy monday everything going on in the world, could this be the week that our stock markets here in the states hit new record highs . Dow futures theyre up right now, about 50 points the dow and the s p 500 are less than 2. 5 from their alltime highs. The nasdaq just under 3 from its alltime highs now, the small cap russell 2,000 still down by about 13 from its 52week highs, but the major averages, they are getting close, as stocks have gone up, bonds have come down a bit yield is ticking up just a bit 1. 59 . You got japan gaining half a percent and the domestic Chinese Market also rising now, europe right now no