Listen: Bloomberg, US And President Trump discussed on Bloomberg Daybreak: Europe
"Thirty AM in London. Eleven thirty in the morning in Dubai, I'm use of Grenada, and I'm Markus Karlsson at right here in the city of London where we're counting you down to the start of the European equity trading in a run about half an hour's time. Let me bring you up to date with the markets as we do every fifteen minutes here on Bloomberg radio. We all seeing futures in this part of the well on the front foot this morning. Euro Stoxx fifty is gaining about a third of one percent. We're seeing footsie futures. Also on the front foot by about two tenths of one percent. Dax futures by about three tenths of one percent cat on gaining here by about two tenths of one percent. This follows gains on Wall Street last night's a US futures also gaining this morning in Asia little bit more of a mixed picture, however with gains in Japan and Australia Chinese equities they've been losing some steam alongside equities over in South Korea, the kospi down by six tenths of one percent after what was some. Very disappointing figures out of Samsung and corporate Korea overnight all in all the regional benchmark is down but missed two tenths of one percent. When I look at Asia looking across the rates and FX treasuries holding fairly steady this morning. The US ten year treasury yield trading now two point six nine seven percent after increasing yesterday's session. We all seeing a little bit of dollar strength coming through with the Bloomberg dollar spot index gaining by two tenths of one percent. The euro is on the back foot down by a quarter of a percentage point. Also, seeing the Japanese yen weakening here by about three tenths of one percent Yousef. Yeah, let's get into some of these top stories and a bit more detail, Marcus Chinese vice-premier. Leo. He unexpectedly attended the first day of trade talks with the US in Beijing. That's according to people familiar with the matter and a photo seen by Bloomberg view is the top economic advisor to Chinese president Xi Jinping, who of course, led previous negotiations in Washington that produced the deal that president. Trump then rejected China had previously said talks would be led by law ranking official for the ministry of commerce. Meanwhile, President Trump prepares to address the United States tonight amid reports he may declare a national emergency to bypass congress and built his border wall. Vice President Mike Pence has told reporters that Trump had yet to make a decision. Bloomberg's Bob moon has more Democrats are suggesting the president may be about to deliver fake news to the American people about a nonexistent crisis. Democratic congressman salute Tara hall of California isn't buying Trump's hints he'll declare a national emergency to get funding for his border wall. It's really a fake emergency that he is trying to create an characterize to the American people in the prospect of a long legal challenge concerns. GOP Senator John Cornyn court hearings, litigation that may carry this on for weeks and months and years Cornyn says that would just make an issue that's already complicated even more so Bob moon. Bloomberg daybreak Europe black. Black rock says treasuries have regained their haven status drawing. And then to surge drove yields seven-year highlight sphere, the global CIO of global fixed income Rick reader told Bloomberg that ten year yields are unlikely to return to the levels above three percent that we saw October a reduction of the balance sheet is happening simultaneous to the treasury issue. A trillion dollars of net dud that drains liquidity. And then when the fed raises interest rates all that treasury debt that's coming on the market, particularly short-term interest rates and short term treasures become extraordinarily attractive, it draws money out of every other market. Why would I buy? Why would I buy loans? Why would it buy equities? If I can sit in the front end of the yield curve at close to three percent BlackRock Ceric reader on it that he considers bonds a better choice than equities or back to the Samsung story that I mentioned a little bit earlier slowing memory chip demand, and the US China trade war left to the companies. Fourth quarter profits below expectations. Preliminary operating income through December fell to nine point six five billion dollars missing. Forecasts for twelve point three billion trade tensions have hit them on for chips in some songs. Two. Biggest export markets with says down a quarter last year. All right time for the latest in global news with the flu perks guards. Good morning Yussef North Korean leader, Kim Jon visiting Beijing where he failed to meet with China's leader Xi Jinping. Bloomberg's Peter pay says I'd like you to discuss Kim second summit with President Trump. According to North Korea's state media K left on Monday for a three day. Stay in China's capital. He was accompanied by his wife and several top officials traveled to Beijing by train to visit Kim's fourth since March came right? What is believed to be Kim's thirty fifth birthday and has nuclear disarmament talks have stalled in. So Bloomberg daybreak Europe. The French government is taking new measures to deter violence after an eighth consecutive Saturday of protests, prime minister Edward Philippe, says protesters will face tougher penalties for taking part in undeclared demonstrations and would be required to pay for the damage. They cause he says more than eight hundred thousand police officers will be mobilized name. Nationwide for an expected fresh round of protests next weekend. A conservative MP has hit out off the plane. She was called a Nazi by protesters outside parliament, please saw investigating after pro e u campaign on his Subaru was heckled during a live TV interview campaigners which haunting slogans including liar liar. She says it's a criminal offense. I don't get scared by these are intimidated by difficulties. I I want to respond, and you mustn't this is not the Britain. And these people do not represent."