28 Burst results for "Bloomberg Marcus"

Trump accuses Europe and China of manipulating currencies

Bloomberg Daybreak: Europe

04:38 min | 3 years ago

Trump accuses Europe and China of manipulating currencies

"I believe you're going to see a movement into emerging market bonds because people will be able to get back to interest rates that's what mark modus the veteran EM investor has been telling us in a Bloomberg TV interview today well it carries the weapon has been on the table for a long time and as you know the Chinese have use that weapon it's interesting that maybe in preparation for this reason meeting the Chinese allow their currency to get stronger against US dollar that sort of I think ease tensions somewhat but the US is a very difficult position because the US dollars not a U. S. currency it's a global currency so there's very little in the U. S. particularly the fact that the fine reserves of the U. S. got it out that great so very difficult for them to do anything about the currency is because other countries can control their currencies China controls because he's very closely the Europeans can do it other countries can do it so I think the only thing the US can do is jawbone the other countries into easing up on there a weakening of their currencies log good morning to you it's managed in to buy if I look at the context of what's going on in market some people are sort of saying what what heading slightly and rationally exuberance times what would you say from the E. M. perspective is it under pricing escalation of trade angst between China and the United States of America I don't think it's on the pricey I think these it's out there the risk is out there everybody is aware of it I just returned from a five city tour of the U. S. everybody we talked to us and asked about the time the US trade war so they are very aware of it but there are other factors that a how overwhelming on the positive side that is interest rates interest rates are so low as you know in Europe is negative and they going down in emerging markets which is very good and as you know low interest rates in the U. S. house emerging markets a lot so I think that's really what's driving a situation and also don't forget liquidity is increasing a lot of people of overlook the impact of crypto currencies I believe the increasing crypto currencies means is an increase in global liquidity which cannot easily be measured so you are of course an emerging market expert mark I I'm curious there's been a chorus of people who are talking about how developed markets are starting to resemble E. and a little bit more I I remember after trump was elected for instance we had S. and P. standard and poor's basically saying that they were no longer able to separate DM economies from EM based on the strength of institutions is that something that you're watching or something that you would agree with I yes it's a very difficult problem I mean just think about it Ali Baba wizard listed to use company this is in the U. S. isn't emerging market company or not so these are the issues that are really it's very difficult to untangle but the reality is that if you separate the countries the emerging market countries and they develop market countries of what we normally think of China India South Africa Brazil those countries they are growing at double the rate of the developed market countries so the argument for emerging markets still out there but now it's even becoming more say in because there's so many people have gone into ETFs so everybody's sort of index they're tied to the index to the big stocks and they're asking Hey maybe I'm taking too much risk of being with this crowd as in the big stocks maybe I should go into a more actively managed fund or an emerging market fund which will give ME versification so I think that's what's happening now that was not maybe this of maybe as capital partners they're speaking to Bloomberg Marcus cranny and Tracy Alloway earlier this morning really interesting some of the lines he was coming up with them at one eight two Steve talked about in a really putting out there into the chance the Brazilian rail south African rand I mean this is a show yeah and he would like to talk about carry trades and he was saying if you want to take a chance so you know that there's a big cap yeah added to that but look when it comes to the big decisions and the fed he was talking about two US interest rate cuts this year and that the longtime EM growth is very very good so that was that's a month may PS into view speaking to back this

"bloomberg marcus" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:14 min | 3 years ago

"bloomberg marcus" Discussed on Bloomberg Radio New York

"Annexation at a chemical plant in China has killed forty four people and seriously injured more than ninety the blast happened in the city of Yancheng in the eastern part of the country, and shattered windows in buildings three miles away. Nearly one thousand residents have been made to safety North Korea has successfully evaded sanctions to import as much as seven and a half times the amount amount of refined petroleum last year. According to the US government its ports received at least two hundred sixty three tanker deliveries of refined petroleum through ship to ship transfers, that's despite US and UN sanctions against the regime in an effort to get Pyongyang to eliminate its nuclear program and more than two million people have signed an online petition urging the government to cancel Brexit, and revoke article fifty parliament's website crashed yesterday with officials saying around two thousand people assigning it every minute global news twenty four hours a day on Aaron it take talk on Twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries. I'm Sandra Kilhof. This is Bloomberg Marcus. Back so much, Sandra. Now, president Xi Jinping has arrived in Rome with a populist government. They're eagle to lead European nations into signing up for China's belt and road initiative. That's the spikes warnings from US and European allies. Bats Italian ministers say the move could encourage a unified EU strategy for joining China's global projects I do think that Italy leading the remaining European countries along the silk road collectively in ties other countries to join and maybe former like we said a European unified strategy vis-a-vis the development of Africa Middle East and other countries are on the silk road. Michaela Geraci speaking, the he's the undersecretary at the ministry for economic development in Italy. He was speaking to Bloomberg a yesterday for more or less crossover now to Rome where Bloomberg reported John Fallon is standing by John. I talk. Through why US and EU allies are concerned about this. Visit in about Italy signing up to the Belton road Marcus well for the US speaking to us officials say the main concern is basically the symbolism of Italy becoming the first G seven country to sign up to Bilton road to the new still crowed for the for the Americans the US that means penetrating into the heart of Europe. There's concern over strategic sectors including telecoms and defense to the Europeans and it's expensive. Especially by the French actually going out on his own denies a breach in the United front which Europe should present in its dealings with China. When it comes to pure money matters. If you just look away from the politics for a moment, John what's the significance of the belt and road MO that will be signed then tomorrow. Well, I mean, it's a massive opportunity for eight thirty to try according to the Italian officials to try and catch up actually with them with the other big European countries. They say, yes, okay. We we getting scolded for signing up. But actually without signing session, you from Germany the UK much more business with the China than we are. Yeah. Exactly. That's the defense rather. The Italian government is putting forward their pointing at the figures saying, we're not trading as much with China as France and Germany. That's right. And they're also saying that there are stay Scott's festival is actually vaguely very vaguely worded prime minister. Contest administration says they've worked very hard say the Chinese to accept quite a few references in the text to European regulations. European principle much more than as president in other agreements by smarter European countries. And then as you raunchy told us yesterday, there's this to possibly reinforced the golden power mechanism. Basically, this is an Apollo by the prime minister's office to protect strategic national insurance against foreign fine, takeovers or foreign investment, but the Italian line is not completely unified. We also need to our. Matteo Salvini the league leader. I understand that. He's leaving town. That's right. I mean, basically, this is part of the eternal competition between Salvini league and deniers five star movement. We've got European elections coming up so they have to differentiate themselves despite being in coalition together. So on this topic. The league has taken a very made in Italy nationally, steak stand and Salvini he has chosen to leave Rome engulfed is southern to campaign 'cause elections that you on Sunday. All right. Bloomberg. Reporter Don fillet joining us. They're out of Rome this morning. Thanks so much for talking us through today tells straight ahead on Bloomberg daybreak Europe where we're going to be speaking to Kristen Gatica Ericsson next. He chief investment strategist at Bank, Julius bam. If you'll soon be in the office, be sure to check out more great interviews on Bloomberg television by.

China US Rome Bloomberg Marcus Italy Europe John Fallon Bloomberg Sandra Kilhof Xi Jinping Matteo Salvini president prime minister Belton road Marcus North Korea Yancheng Germany Pyongyang
"bloomberg marcus" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:30 min | 3 years ago

"bloomberg marcus" Discussed on Bloomberg Radio New York

"On errant till on Twitter, powered by more than twenty seven hundred journalists unlistenable, the one hundred twenty countries I'm beyond guarantee. This is Bloomberg Marcus. Thanks so much. Leon a guarantees now. Let's get to our guest this hour. Sean port chief investment officer at nutmeg is here. Great to have you here. Sean. I wanted to kick it off with the Federal Reserve. Of course, we're still digesting what we actually heard from the FOMC last night and from Jerome Powell. A lot of folks saying that this dovish ton that we've seen perhaps is led by markets and not so much economic fundamentals. What do you make that? Well, I think the feds paying more attention to the global economy role purely just the strength of the US economy. You can see that global growth has slowed very sharply particularly into into twenty nine thousand nine in Asia. So I think the fed is paying a lot more attention to global growth, but also it's really thinking that actually US inflation hasn't picked up despite the economy perating beyond full capacity, and it's forecasting growth faster than potential growth this year. And really inflation hasn't picked up. So the feds taking much more sanguine tone around inflation as quite a big change in the feds reaction function. So when you look at the dots. Now, do you think this really changes things a lot of people told us yesterday to ignore the dots? But it does seem like there now indicating no moves in two thousand nineteen. Yes, I think Powell's coming yesterday on inflation was was really interesting, and they clearly worried the inflation hasn't picked up. So I think in some ways, even if we get a good pickup in US growth in the second half this year and a pickup in global growth as well. I don't think it's necessary that you would expect the fed would put another back on the table for for this year, another hike for two thousand nineteen. So I still think that what's happening fundamentally. Here's the fed is changing it's outlook and the way it behaves to pick up in growth and actually to the inflation reading self. So the fed style the manner of managing politics policy is changing at the moment. Appel occupy we did see a different reaction in stocks last night in comparison to what we saw treasuries, for instance, stocks in the United States they sort of failed to rally while treasuries. Injuries dead. I just kind of wondering going forward is that going to stay the same? The question of the day is what is holding equities back from showing the same enthusiasm as bonds for no fed rate hikes in two thousand nineteen..

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"bloomberg marcus" Discussed on WAFS Biz 1190

WAFS Biz 1190

01:41 min | 3 years ago

"bloomberg marcus" Discussed on WAFS Biz 1190

"One percent. Quite a big drop for a week that had a range since two thousand seventeen. That's your Bloomberg business flash is the unguaranteed with more on what's going on around the world. Thank you president. Donald Trump has finally escaped his legal battle with adult. Actress stormy Daniels. This comes after a judge put to rest, her lawsuit seeking devoid. A one hundred thirty thousand dollars hush agreement an alleged fling Trump has denied having an affair with Daniels. Brexit might be coming at the right time for one UK tomato grower, and you high tech glasshouse in Suffolk is easing pink led lights and kicking up five is soil to help to Maltese grew the company. Sterling Suffolk is now harvesting amid concerns at a no deal. Brexit could lead to tariff soap. Holdups hurting incoming supplies and finally, the world's longest reigning monarch has already emailed and tweeted the yesterday. The Queen went one step further and posted an image on Instagram for the first time as she opened a new exhibition at the science museum in London. Just so we clear the Queen who's fit ninety to use the Royal family's account. She does not have her own personal instant page. Global news twenty four hours a day on Aaron at tick took on Twitter bound by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries on the end guarantees. This is Bloomberg Marcus trust me, sorry, Marcus. When the Queen has an instant page. It was actually a picture from the Royal archives to deal with her family. I think it was. I don't actually let me confirm. Get back to us. Launch..

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"bloomberg marcus" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:00 min | 3 years ago

"bloomberg marcus" Discussed on Bloomberg Radio New York

"Guarantee. Damn good morning. Era. Prime minister you Haas Pila will resign after its biggest contact the health and social care reform collapse in parliament, he's central to meet the president at ten AM local time in Helsinki to hand in his resignation. The government said in an emailed statement, then Linda shuttled to hold general elections on April the fourteenth, President Trump's former campaign chairman Paul Manafort has being given less than four years in prison for Bank in tax Ford. Bloomberg's above main reports he could have faced twenty years in prison is prosecutors wanted he was sentenced to less than four special counsel. Robert Muller had urged the judge should take into account the gravity of metaphors conduct asserting he repeatedly in brazenly violated law over a decade Manafort, ask for compassion, saying his wife is in shambles. His lawyer Kevin doubting argued a twenty year sentence would be excessive Bob moon. Bloomberg daybreak Europe and the UK please chiefs will today tell the home secretary Sanjay Javid, how much extra money they'll need to launch an emergency surgeon against knife. Crime a dozen deaths by stabbing in London alone. This year has shocked the country. Spate of murders over to Brexit on the political agenda this week and force the government to defend please funding and the British Iranian mother nas- nasal Iran clip has been granted diplomatic protection by the government is the first time in living memory that ministers have used a tool to protest about the treatment of one of its citizens. The move takes her case from a consular matter to state issue between London and Tehran foreign secretary. Jeremy hunt by decision is an important diplomatic staff, which signals to Tehran that its behavior is totally wrong. It's unlikely to be magic one that leads to an overnight result. But it demonstrates to the whole world is innocent. And the UK will not stand by when one of its citizens is treated so unjustly global news twenty four hours a day on Aaron tick tock on Twitter powered by more than twenty seven hundred journalists and they symbol the one hundred twenty countries, I'm the aunt guarantee. This is Bloomberg Marcus. Thanks so much. Let say get.

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"bloomberg marcus" Discussed on WAFS Biz 1190

WAFS Biz 1190

06:20 min | 3 years ago

"bloomberg marcus" Discussed on WAFS Biz 1190

"Had a decent week already. WTI create has lower back below fifty seven dollars offer and a half of one percent of today's events coming up. We have German regional CPI is with the national number released at one o'clock, London Wilson lookout for Italian inflation data this morning from the US. We get jobless claims at fourth quarter GDP and Chicago fedspeak continues with Clarita Bostick, hawker and Kaplan all Judah softening. That's it for me to hear life. Breaking news type S Q U A on your Bloomberg terminal narrow thank you so much, Michael. Now, that's your Bloomberg business flash. Now, here's Leon garren with more on what's going on around the world. The am good morning, Nara and Pakistani facing they was military standoff in decades. This follows the loss of an Indian fighter jet with a pilot later being paraded on Pakistani. Tv you daddy, Anna's Lama bond. Both say they don't want the situation to escalate. But neither side wants to look weak. Former Trump lawyer Michael Cohen has opened the president to a number of potential legal risks Cohen furloughed is series of damaging accusations diplomatic day of testimony before a house committee. Meanwhile, Republicans were Democrats for lowering and admitting Elias attest to find an Ethiopian Prime Minister will be hosting a fundraising dinner to help secure one billion dollars for infrastructure projects in the capital at his ABA. According to officials tickets will cost more than one hundred and seventy five thousand dollars per person, the dinner hopes to be foreign investments in one of Africa's fastest growing economies. Global news twenty four hours a day on air and tick tock on Twitter powered by more than twenty seven hundred journalists and analysts symbol, the one hundred twenty countries. I'm young guarantee. This is Bloomberg Marcus much, leeann now, President Trump's summit with Kim Young has ended without a signed agreement in Hanoi after it was abruptly cut. Short today. Trump rejected North Korea's requests to lift sanctions and says he has not committed to another summit with Kim. Our relationship is very strong. But at this time we had some options and at this time, we decided not to do any of the options. And we'll see where that goes. But it was it was a very interesting today's, and I think actually it was a very productive today's, but sometimes you have to walk, and this was just one of those times for more or let's say go live now to Hanoi. Bloomberg's Stephen Engle is standing by Stephen narrow, and I were just talking here in the studio saying that even though this summit broke down earlier ended early the the language from Donald Trump that we just heard they're fairly sort of up beat from sun in respect it is upbeat. But keep in mind when he says sometimes you have to walk. This is a threat that Donald Trump has made before and it's a trademark negotiating tactic of his. He said he had the papers ready to sign of a statement. But he said, you know, what I'd rather do it. Right. Then do it fast. So he was. Is willing to walk away. He was quite complimentary of Kim Jong owned. In fact, we dislike each other. He said we have a good relationship. He said, I believe he's quite a guy quite a character. But it really came down to Kim wanting more sanctions relief than Donald Trump was willing to give he says US wasn't prepared to give what can want it. Yeah. And Steven great to speak to you again, great work on TV earlier as well. And for all the coverage, given the this basically turned on the sanctions as Trump said it was about the sanctions, basically they wanted the sanctions lifted in their entirety. And we couldn't do that. Is that not an intractable issue? That's going to be very difficult to resolve from here. If we take the other side of the coin, I'm the potential downside risks. Yeah. That's right. What is Kim going to do in response to being walked away from the table? Even though Mike Pompeo says he was a friendly walkaway still he walked away. So there's a failure in some people's eyes. Now. Trump says he wants to remove these sanctions in his words badly, but he says North Korea needs to give more and on these sanctions it directly tied to the pledges that the North Koreans are willing to make now Trump says Kim offered to dismantle their main nuclear facility, that's Yongbyon. But it wasn't enough. And it seems the US demanded not only Yongbyong nuclear complex be dismantled. But also other uranium enrichment facilities that the US says it knows North Korea has an and Trump said North Koreans were surprised when the US brought up details of all the other North Korean arsenal and weapons facilities that they know they have. So is it a bluff who knows maybe the US intelligence does know a lot more than the Trump are the Kim administration thought they did Stephen the question is also what the road ahead is gonna look like now between these two countries Donald Trump saying that he had not committed to another summit with Kim Yong own. But. Will there be talks between sort of lower level officials? Well, there should be more talks. There was scant process progress. I should say though in the last eight months they kept on talking. But there wasn't a lot of progress. Made in the months since the Singapore meeting in June of last year. That's the big question right now where do they go from here because they don't have a template from which to build upon in June. They had a vaguely worded statement that talked about working towards complete denuclearization of the Korean peninsula. We don't have any such statement. So we're back to square one to build upon sure there's more camaraderie between the two, but you know, what? When one party walks out on the other, even those a friendly walkaway, it might leave a bad taste in the mouth. Great to have you with us. Bloomberg's Stephen Engle with us live from Hanoi on the latest and the analysis on the abrupt end to the Trump came summit in terms of the market reaction. The yen still bid Dalian down two tenths of a percent. One ten spots seventy five and we've particularly a Korean assets underperforming, but also Asian equities extending declines they're already lower because of data and some hawkish comments around trade from lighthizer US futures also down at four tenths percent.

President Trump Trump Kim US Bloomberg Hanoi North Korea Kim Jong Michael Cohen Stephen Engle WTI Leon garren Kim Yong Kim Young Chicago Bloomberg Marcus Twitter Clarita Bostick Mike Pompeo Dalian
"bloomberg marcus" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:59 min | 3 years ago

"bloomberg marcus" Discussed on Bloomberg Radio New York

"Back. But it's President Nicolas Maduro has hit back. Today. Donald Trump was giving orders. Listen up military officers of the homeland Donald Trump was getting orders to the national Bolivarian armed forces. Who is the commander in chief of the armed forces. Is it Donald Trump from Miami? Meanwhile, California's joining fifteen other states in suing the Trump administration after it declared a national emergency, California attorney general salvia Sarah's says the president has already publicly admitted the border with Mexico didn't need to be built just yet. If the president is essentially stealing money that's been allocated to the various states for various purposes, but no longer will we're being harmed are people are being armed becera argues that the move is violation of the US constitution. And finally, China's funding to link Hong Kong and Macau with summoned cities to create a so-called greater bay area. Bloomberg's Karen day says the create a high tech Sproule rivaling silicon. Valley. It says it wants to turn the area into a leading global innovation hub and strengthen Hong Kong's role as an international center of finance Hong Kong, Macau Shenzhen and Guangzhou will be the four key cities driving. It's economic development. In Hong Kong. Karen Lee, Bloomberg daybreak Europe. Global news twenty four hours a day on Aaron talk on Twitter pump by more than twenty seven hundred journalists and analysts symbol the one hundred twenty countries guarantee. This is Bloomberg Marcus facts, very muchly. An straight to sports, here's towards Manchester United. We'll go to wolves in the FA Cup coarser files after knocking out holders. Chelsea last night. They beat the Londoners tune-in Stanford bridge to increase the pressure on their boss Maurizio. Sorry. His side of also been heavily based the primarily by Manchester City Tottenham and arsenal this season. But the Italian says he's sticking to his star football. Also,.

Donald Trump Hong Kong President Nicolas Maduro Bloomberg Trump Bloomberg Marcus president California Macau Macau Shenzhen Manchester Karen Lee Manchester United Karen day Twitter China Guangzhou US football
"bloomberg marcus" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

07:58 min | 3 years ago

"bloomberg marcus" Discussed on Bloomberg Radio New York

"Through US border security programs to afford, another partial shutdown and the more optimistic comments from Trump made overnight. Japanese stocks led the way in Asia. The Nikkei playing catch up after Monday's holiday relatives. For six percent small-cap stocks lifted Chinese indices, again Europe is followed suit deducts leads the way up one percent of the core. European equity indices gaining at least seven tenths of a percent. So far. Trade sensitive auto sectors the notable app. Former up t percents morning chemical tech and oil and gas stocks trading. Well in the bond space German news around two basis points richer across the curve as futures dip low in early London trade peripheral spreads for tighter to Germany the day rally in the Bloomberg dollar index is stole for the time being this morning. The Australian dollar Swedish krona and the British pound among the best performers in the space. WTI crude up around seven cents up around the overnight highs at fifty dollars seventy coming up today. Little Anita frontal watch out for is a focus on central banks. Speakers this morning, we should hear from ECB's Novotny this often in from the Bank of England's Carney and feds Powell late in the evening. We'll look out for comments from fed semester and the Latin schlager for Brexit common. Sits today to eleven thirty London threes set to address comments this afternoon with a plea NPR's two more weeks to improve her Brexit deal. That's it for me to hear live breaking news type. L S Q U on your Bloomberg terminal narrow Michael thank you. That's a Bloomberg business flash is leeann guarantee with more on what's going on around the world. Good morning, Nara. Spain's government faces a key test. As Pedro Sanchez keeps it his budget plan alive amid reports he may call an election in April reports since denied the PM struggling to win support from Kazan parties for the pundits which comes up for debate today with a vote tomorrow it coincides with the start of the trial of separatists who led the two thousand seventeen push for independence and Kazan. Lawmakers are wary of supporting his government turns judges try they colleagues Russia's debating disconnecting from the global internet. But only briefly as part of a test of its cyber defenses the test will mean data passing between Russian citizens and organizations stays inside the nation rather than being rooted internationally and in an effort to move away from colonial links, Philippines, president Rodrigo detail. Advocating to change the nation's name, his cool echo user, pushed by the late. Dictator Ferdinand Marcos to cool the nation Mahara liquor, which in the local language means nobility news, twenty four hours a day on Aaron it take talk on Twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries. I'm beyond guarantee. This is Bloomberg Marcus back so much leeann now US congressional negotiators have reached a tentative deal to avoid a new US government shutdown the agreement to said to give the president for less money than he originally demanded just under one point four billion dollars to be specific. He wanted as much as five point seven billion dollars for more. Let's turn to Bloomberg's US politics editor Kathleen hunter, she's with us down the line. Kathleen, great to have you on the show is always in good morning to you is this going to be enough of a win for Donald Trump to sign off on this deal. Well, I think that's the big question that everyone's wondering and Trump has not really given us an indication yet. He did a rally in El Paso, Texas last night on just after news broke the deal has been reached essentially said that he hadn't seen the details yet. But then did reiterate his demand for wall funding. So I think the question is whether congressional negotiators were able to thread the needle here. I think part of what they did is ever this last minute question about border detention or detention beds. And it looks like Democrats have essentially dropped their demand related to that. And so I think that in some ways becomes a bit of a face Davor for Republicans and also potentially for the president. If he does accept this amount of I guess, it would be fencing money that's significantly less than what he's been demanding for the wall. Yeah. This questions over semantics here. Whether it's in the end gets called a on offense. And what that will mean for the negotiations. What indications do we have over where the President Trump will accept or not Kathleen? Well, I think when it comes to that semantical question the president has in the past indicated a bit of wiggle room. When it comes to the what constitutes the wall, essentially, he's indicated that he might be open to some sort of physical barrier. That's not strictly speaking concrete wall. And so I think that the question is going forward whether or not that's something he's going to be open to in terms of the specific deal. And I think the only person that can really answer that Donald Trump himself, and he may not get now. Yeah, he's been saying that no matter what rights we're gonna try to build this wall. That's been his message throughout the process. The question is I mean also to to what extent he he's got the ability to do. So even if congress gives him a relatively small sum of money. Well, absolutely. And that's one of the big question is if the president to you know, whether or not separate from whether or not he accepts this deal. If the president does make good on threats that have been out there for a while or an idea that floated for a while, which is declaring an emergency and essentially trying to bypass congress in order to build a border wall or sections of a border wall. And there's obviously political peril involved in that. But also a legal question of better. Not that's something that the president has the authority to do. And certainly that would be kicked almost immediately to the court, and which would then have to resolve whether or not that would be a legitimate action. So I think you know, certainly the deal that was reached last night in some ways put that back on the table because it doesn't include something that strictly speaking as a wall, and because it's so much less money. And what Trump has originally demanded. But I think that you know, we have to wait and see what happens there, whether the president accept this deal, and or whether or not he might try to declare national emergency to get even more money. Kathleen were also waiting and seeing certainly investors are what's gonna come out of the U S, China, trade talks. Are there any signs of optimism from what we've heard over the past twenty four hours? Well, I think you know, we always sort here these signs of optimism sort of heading into the talks. But I think the question is, you know, again, whether or not that the devil's always in the details on to use that cliche, but it's very true in these talks, and whether or not there's going to be a chance to kind of resolve the differences that have been plaguing the negotiators all along. And then beyond that, whether that's the deal really again that Trump and g can both agree to as well, you know, even though these are top level negotiations until Trump signed off on something. It's not necessarily a done deal because there have been all along part of the difficulty in these talks have been a disconnect between you know, what the president is saying and what his negotiators believe Kathleen Hanta. Bloomberg's US politics editor. Thank you so much. This is Bloomberg. This is a Bloomberg market minute. Stocks started the week with a quiet session that ended mixed analysts say this could be a pivotal week for the trade talks in Beijing and the spending Bill negotiations Washington Kristina Hooper of Invesco tells Bloomberg radio she is nervous about the possibility of another government shutdown. She says fed officials and others are still awaiting data delayed by the prior shut down at the bureau of economic analysis will be releasing its fourth quarter GDP on February twenty eighth when it was supposed to be released on January thirtieth. We don't need legs like that anymore reports. Due out today will cover small business sentiment and labor market turnover. Quarterly results from activation blizzard under armor, Molson Coors..

president Bloomberg Donald Trump US Trump Kathleen London Bloomberg Marcus Europe Nikkei editor Kazan Asia Dictator Ferdinand Marcos Molson Coors Pedro Sanchez Spain Russia
"bloomberg marcus" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:13 min | 3 years ago

"bloomberg marcus" Discussed on Bloomberg Radio New York

"Bloomberg's Hannah George. Thank you, Marcus, South African president Sarah around the poser has unveiled plans to revive the flagging economy and create jobs during the annual state of the nation speech. Then the ambassador has more on the story. He also announced key policy decisions in plans, including removing obstacles to investing and doing business attracting more tourists and stepping up the fight against graft. Ramaphosa concluded his keynote speech by officially announcing that national emissions will be held on the eighth of may in Capetown. I'm Helen better. Number daybreak Europe. The first shipments of humanitarian aid for Venezuela have reached the country's border on Thursday. Bloomberg's Andrew result reports. However that the government of President Nicolas Maduro has pledged to block the supplies the food arrived to the border city of Kuda Columbia. The opposition says it will ship the food depends within two weeks, but Ben Wayland security forces us freight, containers and trailer the block the bridge connecting the two countries in Venezuela. I'm Andrew Azadi for Bloomberg daybreak Europe. On Monday, Iran's Islamic Republic marks the fortieth anniversary of the revolution that ended centuries of monarchy. Bloomberg's Latinas airy reports that the Republic has lasted longer than some critics in the US government predicted while even in officials are planning elaborate celebrations. They're wary of what lies ahead president has Sandra Hani says that Iran squeezed by tough US sanctions is now facing its most severe economic challenge in forty years in the by the Dan necessary. Bloomberg daybreak Europe. The buzzy recovered from the wreckage of a crush plane has been formally identified as that of Cardiff City football, footballer Emiliano Sala dose. It place have reported. The twenty eight year old was travelling to Cardiff from the French city of Nantes on January twenty first when the aircraft went missing over the English channel global news twenty four hours a day on air tick talk on Twitter, powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries. I'm Hannah Georgia. This is Bloomberg Marcus much Hannah. Now with a morning sports. Here is William as left for you. Chef genetic can go top of the championship with a win at Aston Villa tonight victory removed them level on points with the two teams in.

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"bloomberg marcus" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:54 min | 3 years ago

"bloomberg marcus" Discussed on Bloomberg Radio New York

"Trade Representative Robert lighthizer in Washington next week. Meanwhile, the US government shutdown has entered its thirty fifth day in the Senate has rejected proposals from both President Trump and the Democrats aimed at ending the impasse. The White House has signaled that the president may open. Well, maybe open to reopening agencies for three weeks. But only if opponents agreed to a down payment on the wall Venezuela's top military. Brass swore their allegiance to President Nicolas Maduro. This comes after the US UK and dozens of other nations recognized his rival one Guido as the rightful head of state. Bloomberg's Andrew Rosati has the details. The military says a coup was underway and refuses to recognize so called impulse president quite low the head of the national assembly declared himself president on Wednesday in front of thousands of supporters in Caracas. I'm Andrew for Bloomberg daybreak Europe and a court in Kiev has found former Ukrainian president Victor Yanukovych guilty of treason. He's been sentenced to thirteen years in prison over the country's deadly revolution in two thousand fourteen. Bloomberg's Alexsandr could ski reports according to the prosecutors five years ago. We asked him Zimmer put into San Russian troops to Ukraine to help his government. And of course, deny charters and will likely stay out of jail for now he has been hiding Russia ever since Ukraine in two thousand fourteen in means risky. Bloomberg daybreak year. Global news twenty four hours a day on Aruna talk on Twitter, powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries. I'm Markus Karlsson. This is Bloomberg Marcus. Thank you. Now. The morning sports update his Williams. Chelsea are heading to the League Cup. Final after beating Tottenham four two on penalties last night. But boss Mercantil sorry. Tell skysports he's wary of facing Manchester City in.

president Bloomberg President Nicolas Maduro Bloomberg Marcus Victor Yanukovych Andrew Rosati US Ukraine White House Senate Markus Karlsson Robert lighthizer Trump Mercantil Representative Washington Venezuela Caracas Zimmer Tottenham
"bloomberg marcus" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

08:30 min | 3 years ago

"bloomberg marcus" Discussed on Bloomberg Radio New York

"In London, I'm Markus Karlsson with this. Bloomberg radio business flash. Optimism in the tech sector is boosting Asian stocks this morning. Asian investors seemingly looking past the trade headlines, occupy put pressure on the tail end of the US session. Sterling is this morning. That's the main story so to speak in the ethics space this as the sun says that the DP may be ready to back Theresa May's Brexit deal looking at study this morning against the dollar won't spot. Thirty one zero six higher by about a third of one percent. Also looking at the Asian equities. Then just drilling down on them. We all seeing the Asian regional benchmark higher by a percentage points where seeing texts shares rising then after a strong US session for chipmakers tencent leading the way in Hong Kong after it received approval for new games, European and US futures both pointing higher euro stocks fifty futures rising by six tenths of one percent. Here in this part of the world Footsie-100 futures underperforming. They are little changed as I'm looking at that. Now treasury yields rising this morning snapping back. Some of the declines we saw yesterday two point seven three percent. That's where we are on the ten year treasury yield. That's a Bloomberg radio business flash. Now, here's Garret with more on what's going on around the world. Thank you, Marcus. The Queen has spoken in favor of people seeking common ground as MP's continue to battle over Brexit during his speech at the Sandringham Women's Institute her majesty also extolled the virtues of respecting others views as monarch she stays politically neutral. But a words said like day to be seen as not debate sabre leaving the EU. Malaysian investigators have uncovered details on how fugitive of finance at Jolo could have made financial gains from the entity that predated state fund one MD be looking into a one point two billion dollar bond sale in two thousand nine involving estate wealth fund, local bankers and type brokerage. AM MB holdings. And finally for the first time study claims bean slim is sometimes down to DNA and not just all your hard work and willpower. Researchers at Cambridge University say something people have agency advantage global news twenty four hours a day on Erin at tick talk on Twitter, powered by more than twenty seven hundred journalists and under symbol one hundred twenty countries. I'm the parents this is Bloomberg Marcus back so much leeann now we've heard from several European corporates in the telecom sector this morning. Among the top headlines Ericsson said fourth quarter sales beat the highest analyst estimates, but said adjusted operating profit dropped quarter on quarter for more. I'm pleased to say that bogere calm. The CEO of Ericsson joins me now down the line. Very great to have you on. Thanks so much for joining us your seats, be benefiting from surging demand for five G equipment, are you benefiting specifically from western countries turning away seemingly. Turning away from our way and Chinese rivals. Yeah. We saw during the fourth quarter as strong development, thanks to the shapes, and the technology shifts cycles owning to five G and that is actually driven primarily by North America. But also demand in other market areas like Europe northeast Asia. And I would say the the we don't see an ethics of the discussion with. Together discussing that goes on today. Is that what we see is our customers need to be doubt. The net I cope with the traffic that actually growing, and that's what really happening. But to what extent do you think that the hallway story we will be part of your guidance going forward? Do you see a benefit from the hallway story further down the line so to speak? If you're not seeing at the moment will it becoming? You know, we we look at our strategy. We have laid out to focus drafted last year, which includes investing increasing our investments we've hired almost four thousand engineers over the last year. So we're growing we're growing, and we do in order to strengthen our portfolio in the world and lead the world into five G, and here, that's really what we can do and everything has become speculative. That's that's perhaps focus on the areas, we can impact and that's executing on our strategy. Now when it comes to your strategy in network units achieved an operating margin target for twenty twenty of fifteen to seventeen percent in the fourth quarter. Is it time to increase these targets as as the five G rollout? Gather steam. You know, we're we're, of course. Proud of the achievements. We have in our network evening. And we have a good margin. We reached at margin this five taking significant coal score some strategic contracts as well as speed. Are we think our guide does? And we said that capital markets day a few months ago that we want to have a guy does that. So that we can stand behind them. We call different about them. And we're staying there. You've just announced store or year. Now at the start of the year that you were booking charges to the tune of more than six billion kronor in your digital services business. Is there more news like that's coming down the barrel or or is that it? Now what we see? Really that we have laid out the strategy to turn digital services around. That's why we focused on achieving those that they did more just by twenty twenty in that area. And we look at that turnaround. And and the team here is execute really well and doing a good job at at at turning the business around executing on the plan. But where we see that we had issues with our BSS area. So we need to change our strategy you there, that's what we announced a few weeks ago that we reshaping drafted in that came with on charges. Of course, we do that in order to strengthen our business for twenty twenty. So so with that in mind because six billion in extra charges on that area. But we paid a very good about our position for twenty twenty without just going back to what we were talking about earlier with GOP. Typical tensions DC potential risks even from the discussions about restricting operators from buying equipment for from Chinese competitors. Is there a risk that investment decisions might be delayed? I think it is fair to say that our customers, of course, are concerned they get worried about this. They don't know what the impact would be on their networks. And and you know, it's not only this sector every sector as soon as you have to be. It's actually the impact. Official or very calm. The CEO of Ericsson joining us down line. Thank you so much for being on Bloomberg radio this morning up next. We'll be talking more about politics. We'll be talking about the US shutdown as it's now entering its thirty fifth day. This is Bloomberg. This is a Bloomberg market minute. The partial government shutdown has caused a data drought for economists and investors it has been more than a month since the Commerce Department released any of its indicators Eric Clark evacuate global advisors. Talked to Bloomberg radio. You have a lot of news to get through eight of the stopping reported. That's probably you know, continuing to kind of a road a little bit. And once the government shutdown gets taken care of. I think a lot of that news. We'll hit the tape. A key report on economic growth in the fourth quarter was scheduled for release at the end of next week. It will be delayed earnings reports have been giving the market some direction, and that could be the case today Intel posted results after the bell revenue for the last quarter fell short four. And so did the company's guidance for the current quarter. Intello's a component of the Dow the NASDAQ and the s&p Starbucks posted better-than-expected quarterly results after the bell beating forecasts for earnings comparable sales and revenue. Colgate Palmolive van DR Horton report this morning. Jeff Bellinger, Bloomberg radio..

Bloomberg US Bloomberg Marcus Ericsson CEO Theresa May twenty twenty Sterling Markus Karlsson tencent Hong Kong London EU Europe Jeff Bellinger treasury Intel Cambridge University Colgate Jolo
"bloomberg marcus" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

09:43 min | 3 years ago

"bloomberg marcus" Discussed on Bloomberg Radio New York

"Of Berlin. I'm Matt Miller. And I'm here at Bloomberg's European headquarters in London where it's just gone six thirty at seven thirty in Berlin as well as in Davos, let's take a look first off what's going on in markets. We have Asian equity index is that are down right now for the most part well mixed. I guess is a better way to say the hang sang has been swinging back and forth between gains and losses. It's really, basically unchanged. The topics in Japan closed down six tenths of a percent, the kospi in South Korea is up half percent right now. So it's there's not a lot of clear direction. If you look at other risk indicators will see no change on the ten year yield two point seven four four percent. The yen is weaker against the dollar, but still trading at one zero nine sixty seven so one. Nine handle like we've seen for the past couple of days. Gold is down. But at twelve eighty four forty four a Troy ounce straight now. And we do see futures right now trading. European futures trading down about one tenth of one percent for the euro stocks fifty and for the Dax footsie futures down a little bit further. But US futures are now trading up so kind of a mixed picture, regardless of where you look I'll finally take a look at crude right now, we do have a gain in brand to sixty one eighty nine and that's just risen over the past say twenty minutes about forty cents a barrel. Nymex crude WTI is also twenty eight cents to fifty three twenty nine a barrel. All right. Let's dig deeper into the daybreak newsletter this morning, which is out on customer terminals, bringing you all the news that you need to start your day. We're going to check the top headlines than with daybreak editor Richard MacAuley, who's live for us out of Hong Kong and Richard. Let's kick it off with trade because Larry cudlow he's come out to deny reports essentially that low level trade talks with Chinese officials have been called off bring us up to speed. Good morning. This kicks off after the F T wrote that the White House had rejected an offer by two vice-ministers who'd offered to travel to the US for preparatory talks. This is the head of the high level talks due to start on Sunday as you said Larry cudlow did indeed deny that. This is a case he told CNBC the talks will go ahead, the preparatory talks, and we can assume the high level talks. He also authored a clue as to what he wants or expect out of those talks Kudlow said that the scope of the talks have broader and deeper than ever before. But ultimately Chinese commitment to the rules would be the make-or-break ingredient. He said enforcement of whatever agreement is made the enforcement to that will be the crucial aspect after talks finish on Monday. They'll be just one month left before new US tariffs. Kick him. All right. So. That is a difficult one to unpack. But I guess that's what investors get paid for back here in London. A lot of Brexit reports this morning, including news that parliament might kind of take over and push off the March twenty nine date does right. Yeah. We've heard that parliament is kind of leaning closer and closer to the idea of delaying Brexit, this is according to the Tory party's chief financial spokesman John McDonnell. He also told the BBC that the labor party. He reckons is increasingly likely to support that delay that is if Theresa May fails to secure a divorce agreement that can proceed through parliament, and the purpose of this is essentially just to prevent a no deal exit. Which again has a pretty tight countdown countdown. Indeed. And we're going to get that vote. Won't we next week already when it comes to Theresa May's for plan b which a lot of. People are saying is with perhaps a little bit of an added appendix. Meanwhile, China's central Bank Richard has injected about thirty eight billion dollars of liquidity into its banking system. How's that move being received by markets? Well, the the UN is stronger today against the dollar though to be honest. So most other regional currencies here. Stocks down in mainland China. Pretty solidly Hong Kong pretty much unchanged is what this really is designed to do is to offer a targeted version of a medium-term ending tool. Now, this is the tool that about a month ago. It's the first time the central Bank has used the instrument and some of described the move as a low profile rate cut. Now, the purpose is to sort of encourage certain lending in certain parts of the economy, specifically, the PBS wants banks to lend more to small businesses. Thinks he's not doing enough to get these sort of the the policy out to to small businesses, which often get overlooked by the big sort of banking apparatus. It also serves a purpose that ease up a bit of the rising cash demand, which occurs ahead of the holidays. It'd be the. Two weeks of February. That's when bonuses come out a lot of gift giving as well. So hopefully, just ease up on that finally get to a Bloomberg scoop speaking gift giving the Federal Reserve is said to be examining deutchebanks handling of billions in suspicious transactions from dance. What are we now? Bloomberg has learned that the Fed's probe is at an early stage. But as you say it relates to the scandal surrounding Dansk is Estonian branch. We've heard already that perhaps quite the money was flowing through that branch was perhaps dirty and the feds probe is. Essentially to scrutinize weather deutchebanks US operations, adequately monitored those funds from the Estonian bronze, of course. Regulates the fed is among the regulators that ensure US banks or banks in the US sort of they have adequate systems sort of fulfill those anti laundering duties, really assist. A question of did the US side do enough to make sure they could they have done more. Yeah. There's certainly a lot of question marks regarding the scandal over dansko. Thanks so much Richard MacAuley for bringing us up to date with the daybreak newsletter. And if you do want to check it out go to D A Y B on your Bloomberg time and all that needs that's out to five thirty AM London time every day. Now, I read a headline on the Bloomberg just breaking J and J is said to be pursuing a deal for the robotic surgery company hours health so Johnson and Johnston said to be pursuing a deal for the robotic surgery company hours health, something that we will bring you more details on is if and when we get them now, let's say. Get to the latest global news. Here is blue bug. Good morning, Markus symbolic. He's human rights commission has accused security forces these systematic torture against civilians twelve people died after violent anti-government protests erupted last week. Obits soaring fuel prices Bloomberg's pull for censio reports. The commission also says soldiers and the police tortured a number of demonstrators some of them as young as president Emmerson manga took to Twitter to criticize those use excessive force and said the kids will grow. If misconduct was proved in Capetown, pull the Kyoto, Bloomberg daybreak Europe, Japan and Russia's say, settling a long-running territorial dispute in the northern Pacific is a daunting challenge and admit little progress has been made the Soviet Union sees a four islands during the final days of World War Two Japan claims territorial rights to the island's dispute has presented has prevented the signing of a peace treaty. It's at least populous looking for an arch enemy ahead of the European parliamentary. Elections have found one France and its europhile. President Emmanuel Macron been bugs JIRA Albany's reports. Lima said that France never stopped colonizing Africa, and it is contributing to the weights migration towards Europe Salvini stepped into the fray choose any also took his wife and Macron Salvini said that he hopes the fridge. We get rid of a terrible precedent in Rome. It for Bloomberg daybreak Europe. And the Trump administration Venezuelans to turn out against President Nicolas Madura and rally around the opposition leader, Bloomberg's petitio lia- says the message comes ahead of national demonstrations on the eve of a national opposition protests aimed at overthrowing the Maduro regime. US vice President Mike Pence called for the country's people to make your voices heard a powerful public backing for efforts to oust the Venezuelan leader in Caracas. This is Patricia. For Bloomberg daybreak Europe. Global news twenty four hours a day on air and tick tock on Twitter powered by more than twenty seven hundred journalists and analysts symbol, the one hundred twenty countries. I'm John Karen's. This is Bloomberg Marcus straits sport. Here's William as Manchester City boss cholula says he faces an unusual situation tonight his side head into the second leg of their League Cup. Final Burton already holding nine nil aggregate lead. But body all wants his scientists better than they did in the first game started getting so he's in.

Bloomberg US Richard MacAuley London Europe Bloomberg Marcus Hong Kong Japan Federal Reserve Twitter Berlin China Theresa May France Larry cudlow South Korea Matt Miller CNBC
"bloomberg marcus" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:11 min | 3 years ago

"bloomberg marcus" Discussed on Bloomberg Radio New York

"Matt. French president Emmanuel Macron has launched his great debate on the phones trying to convince his critics that he's not out of touch elitist. However, he stumbled at the very beginning accusing some people have been fackler since simply messing about McConnell for talks with leaders of the so-called yellow vest movement after widespread protests that have dragged on for only two months in Germany. The domestic intelligence agency is stepping up monitoring of the far-right AFDC party for suspected terrorism. But the agencies not going as far as to use informants or phone taps in a watch. Just yet the FDA is the main opposition party and sees Islam as a great threat to German valley's urging immigration curbs and in Brazil, president Cheyenne Bolsonaro has signed a decree making it easier for many Brazilians to own a flare OEMs. This is the first of many expected changes by the administration to overhaul. Gun does in the nation that leads the world entitled homicides. Global news twenty four hours a day on air and tick tock on Twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries. I'm Dan guarantee. This is Bloomberg Marcus chat. Leeann the UK government faces a vote of no-confidence later a day after suffering one of the biggest defeats ever Theresa May's. Brexit withdrawal deal was rejected by a majority of two hundred TMP's, but the prime minister intends to hold talks with a cross party group of MP's to try to secure support for a deal, if the house confirms its confidence in this government, I will then hold meetings with my colleagues are confidence and supply part of the D U P and senior parliamentarians from across the house to identify. What would be required to secure the backing of the house? Let's turn to Bloomberg's directed. David merrit, who's just joined us here in the studio. Now, David arguably currency traders, don't think. It's too much will come out of this. No confidence vote later with Starling holding its own this morning, all currency traders deluded to think so. No, that's right. In fact, if you listen to MRs may last night, she was actually the one who suggested a competent Insperity, Mr. Corbin pitched, it they want to get this out of the way, they did the government could be defeated in such a boat and straight away all of those rebels who had voted against her. Brexit deal were pretty quick will the public wants to say they were going to support, including crucially, the DUP who's ten votes. She needs to command majority in the house of Commons. Now having said that is very tight with any majority of thirteen it won't take many of her own and peace to either not show up overt against her. But at the moment, we fully expect her to win that vote. They're going to be here all day, that'd be evaded seven o'clock this evening. She can then move onto these cross party talks that she flagged off site to try to find some sort of deal or consensus or idea that could potentially command. As the support of the whole house off to such a catastrophic defeat. I guess the biggest concern than around a no deal. Brexit David is just the time. Right. I mean, there's only what seventy two days to go until March twenty nine. Do they have to ask for an extension? To studying is is not moving as you would expect. If if no deal was really possibility and she said yesterday and her comment jazz strategy not to run down the clock to shop in people's minds. There is a broad expectation. Now, you're going to have to extend fifty there is not time to come up with a new idea to get it. Agreed by Brussels it ratified across the continent. And in London with two and a half months to go. So Europe have set their reputation extension. Neither side want deal. We know the British parliament itself has made its position clear that it doesn't want an ideal. So yes, one thing we can expect Mr. Hammond dropped a hint on this the chancellor of the exchequer last night as well to try to reassure businesses that yes, we are going to have to see some sort of extension of the timetable. I mean, even if the European Union were agreed to that extension. The problem remains here in London rights. I mean, the issue is about assembling some sort of majority around something. Yes. And it seems very typical at this point doesn't it this idea of reaching out to the other parties. Well, Mr. Corbin of trashed that straight away last night said it's far too late to do that. But if she is going to get some sort of consensus, then I think maybe it is on the softer end of Brexit labor are arguing strongly for a customs union, if she changed government policy on that would that be enough to bring labor on board Mr. Cobra Madrid as a huge victory and changing government policy and the Europeans for that part that sang any changes which deepened the relationship with the European Union is definitely something. They will look for that. They're holding pretty firm on things like the Irish backstop question. But yes, maybe some of those red lines are about to be rubbed out. We'll know more in the coming days. Mrs may has got to be back to the comments on Monday with a plan. So things are going to move fast. David thanks very much for joining us this morning. I know you're incredibly busy today. Bloomberg's news director David merrit on the consequences of last night's vote. Now up next we'll be going live to. Brussels as well to.

David merrit Bloomberg Brussels European Union London Mr. Corbin Bloomberg Marcus Brexit David Emmanuel Macron FDA AFDC Germany McConnell Twitter Cheyenne Bolsonaro Theresa May German valley president
"bloomberg marcus" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:39 min | 3 years ago

"bloomberg marcus" Discussed on Bloomberg Radio New York

"That's your Bloomberg business flash is beyond guarantee with more on what's going on around the world. Good morning nem president Emmerson mnangagwa's giving the carnage in folding in Zimbabwe travelling to Moscow. This comes as protests erupt across this country, leaving twenty four people injured in five possibly dead. The protests spread across Harari and Boulware following the government's decision to increase taxes on petrol more than doubling the price making it the world's most expensive Greek Prime minister, Alexis tsipras, should have no trouble surviving a confidence vote in parliament on Wednesday night. See press needs one hundred fifty one votes in Greece's three hundred seat chamber to assure survival an Iowa Republican Representative Steve king has been stripped of his committee assignments of the inflammatory rhetoric about white nationalism and white supremacy. King who has a history of controversial statements on race and immigration, Hulu, his position on the judiciary, small business and Africa. Cultural committees global news twenty four hours a day on air and it took on Twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries. I'm young guarantee. This is Bloomberg Marcus Leon now US Bank earnings kicked off yesterday with CitiGroup cities fixed income revenue missed analysts estimates blaming losses tied to its Asian. Hedge fund still shares rallied off to the CFO said that the worst is over. He gave a positive or upbeat outlook for the first quarter. Those earnings and may set the tone for today's results from Wells Fargo is what is J P Morgan as doubts over growth prospects. Mount for more we're joined by Bloomberg's banks reporter, Stephanie spits artistes a great target here. So from your perspective Takasu the highlights from city. Yes. So how'd you said, of course, they have revenues were big disappointment for for for the Bank down, Melissa. As you know, the, of course, the trading the fixed income revenues were twenty one percent lower, which is obviously a big miss a wherever on the brighter side the fees for banning it for an advisory. Where where I saw was a Bryce pot because there many revenue jumped for dumped forty seven percent. So I mean, there is a bright side. And there is a dark side. Of course, the trading there are big questions for the Muslim Bank regarding the trading. The fixing has been struggling in the last year a few years since the financial crisis. I would say so the banks in Europe, and they're trying to make money now other divisions such as emanate. Also, it's important to basically, see four said everything went Franck income. So this was quite a strong statement for him. And also the correlation between CitiGroup and hedge funds. It's busy took more losses because of the exposure to the hedge fund so as we reported, basically, they two hundred million loss because. Struggling now. So funny you were saying there were bright spots. They were not so bright spots. But the shares really jumped almost four percent the most in the S and P five hundred and some other Bank stocks were taken up along with city group. What was it in the earnings or the messaging that drove such a big jump in the share price? Yeah. The the market basically, mainly focused on this here for statesman is over. So they wanted to take the positive message. Of course. Now, the market in December has been very volatile. So we would see if. Was sitting in the right side. The question going forward as well. As how typical city group will be for the rest of Wall Street's banks. We are looking ahead to J P Morgan and was Fargo wh what's your sense? Of course. I mean to promote the biggest thick thick player. So we expect to see struggle as well on the side. We would send me later today. So it's been a difficult time for banks in two thousand eighteen globally, Stephania. I know we're very very early in the reporting season very early in the year. But what signs are we getting not just in the US, but globally that twenty nine thousand nine could be a different year for banks. If that is going to be the case why I mean, we will see the trading the trading revenue has been very volatile. So maybe banks we'd have to diversify their strategies will make him revenues, and this is true, not only for the US banks, but for the European banks phrases for Barclays, so we'll have to see they are reporting the fourth quarter in February. So well with late compared to the US peers. And for them. It would be very very crucial to see how it goes. Also in the previous quarter. We have seen for making us morning in fixing trading fixing come to them more focusing on equity financing. So this is what the banks are trying to do. Just one question regarding being pounded by we've heard or we understand that it's chartering it's US commodities derivatives desk. According to people familiar, what should we be waiting into that? Yeah. I mean from one side, you know, the banks have been exiting the commodities business businesses from since the financial crisis on the other side is in a European Bank. So you know, you could tell us why that is another European Bank is actually strongly making trading. So of course, not a good signal for the Muslim bankers. Thank you so much for joining us to funniest spits ATI, Bloomberg banks reporter with us in the studio and we're twenty four minutes into cash equity trading here in Europe so risk on back today after a bit of a pause in the risk rally yesterday. You've seen the Footsie-100 higher by six tenths of a percent. The Dax move higher by nine tenths of a percent..

US Bloomberg CitiGroup J P Morgan Europe European Bank Bloomberg Marcus Leon Steve king reporter Muslim Bank Twitter Emmerson mnangagwa Alexis tsipras Wells Fargo Greece Zimbabwe Africa Hulu
"bloomberg marcus" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

02:43 min | 3 years ago

"bloomberg marcus" Discussed on Bloomberg Radio New York

"Is liberty Gareth. Leeann good morning. You sent South Korean president moon. Jae-in says a meeting between US President Donald Trump and his North Korean counterpart, Kim, Jon UN will happen soon. Bloomberg's Peter pay reports signaling stall talks about this manning North Korea's nuclear arsenal may be back on track. Lynch remarks during his annual press conference came hours after both Beijing and killing young said their leaders back the second Trump Kim summit in so Peter pay Bloomberg daybreak Europe, the Democratic Republic of Congo says opposition leader Felix teasha Keady won last month's presidential election. The result confounds expectations are former president Joseph Kabila's protege would become leader of the world's biggest cobalt producer. If the constitutional court validates the result. It'll be the first transfer of power by ballot-box since Congo gained independence from Belgium. That was Nettie sixty years ago. Japanese Prime minister, they won't pay. Is in the UK today for extensive talks with Prime Minister, Theresa may. Bloomberg's Isabel Reynolds says Brexit is likely to be high on the agenda is likely to support May's Brexit plan, according to a foreign ministry official given that a no deal exit from the EU could be extremely damaging for the approximately one thousand Japanese companies in the U K in a tiny gesture of support for the UK Japan announced this week it would lift its twenty three year old ban on British beef imports in Tokyo Isabel Reynolds, Bloomberg daybreak Europe. And finally Sweden's two main prime minister candidates will report to the speaker of parliament today about the latest attempts to form governments this September's inconclusive election results. Bloomberg's nNcholas Magnusson reports the stakes are high if social democratic leader Steph, Elaine and motorist leader, Sean failed to create cabinets and failed to win sufficient backing for them in votes to Belden parliament this month, an extra election must be held later this year in Stockholm nature's modernism Bloomberg daybreak Europe. Global news twenty four hours a day on Aaron tick tock on Twitter, powered by more than twenty seven hundred journalists and analysts symbol, the one hundred twenty countries. I'm Dan guarantee. This is Bloomberg Marcus. Very much Leon. Here's a look at some of the things they should be watching out for today. An advisor to the east top court gives a non-binding opinion or the so-called right to be forgotten. As you heard earlier, the will publishing the will be publishing its account over the December meeting when halted its two point six trillion euro bond buying program but accounts released at twelve thirty pm UK time, then later watch out then four fed chairman drone, Powell's speech to the economic club of Washington DC. All right. So it's like I on the show. We're going to be looking at Tesco's Christmas revenue.

Bloomberg Europe Bloomberg Marcus president UK Congo Isabel Reynolds Donald Trump prime minister Felix teasha Keady Peter North Korea Nettie Joseph Kabila US Sweden
"bloomberg marcus" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

08:36 min | 3 years ago

"bloomberg marcus" Discussed on Bloomberg Radio New York

"Raise his voice sort of slammed the table and said we have nothing to discuss. I don't recall him ever raising his voice or slamming his hand leaving hanging. The question of whether the. The president is any closer to declaring a national emergency to seize the funds. He needs for his border wall will be kept make a deal with people that are unreasonable. Bob moon. Bloomberg daybreak Europe. Meanwhile, minutes of the Fed's December meeting reveal that policymakers took a more cautious approach to further rate increases than their statement. I indicated speaking to Bloomberg Boston fed president Eric Rosengren says that the economy is looking healthy. But he also says that he could be wrong and is listening to markets. My guesses that in two thousand nineteen the economy is going to be reasonably strong for the unemployment rate's gonna continue to drift down from the three point nine percent. It is right now, and that the financial markets will recover, but I also realized that my forecasts can be quite wrong. And that the financial markets have such a different view that's been quite negative and quite volatile. So I have to take those financial market considerations into account. Boston fed president Eric Rosengren speaking there exclusively to Bloomberg in connection to those minutes from. The Federal Reserve December meeting being released last night's. Let's cross over to Singapore to talk a little bit more about the fallout. Wes Goodman from the markets live team joins us now. West great to have you on his way. So we are actually seeing the Bloomberg dollar spot index softening further this morning falling to the lowest level since September overnight. What's behind that decline? Marcus morning everyone. We're writing, of course, if the fence going to be patient and in its rate hikes, and that that means a dollar bulls needs to be patient to the thing is the fattest signaling that it's going to delay its next hike for a couple of months, and if interest rates in the US aren't quite as high as people expected and that sort of curbs demand for investments in the nation. Now, there are a bunch of friends speakers coming up today, including the chairman and the vice chairman, so we can look for them to stick to the steam of patience, and you know, they're they're willing to delay. And that means the dollar probably has further to fall. All right. We'll keep an eye on that to China. Meanwhile, Wes said that it's trade talks with the United States this week have been broad deep and detailed the markets live blog questions today. What message those comments are sending to markets. What's your view? You know, I think that China stocks are signaling that that was a big disappointment the CSI three hundred index is only up about one point two percent. Now, China stocks have been struggling all day. You know, this is a vague statement. That was just one one little blurb that came out and after three days of high profile talks, you know, we really haven't seen any details. So I think you know, the thing is that China stocks have been rising on hopes of a trade deal. And this may be a warning that you know, it can give back those gains unless unless there actually is one. Yeah. Absolutely. Thanks so much Wes Goodman for bringing us three the markets. They're for real time market, commentary and analysis. Check out markets live. That's M L I V on your Bloomberg terminal. And if you want to join the debates don't forget that you can Email markets live as well. I'm talking about the debate regarding China, and what its statement on trade, and those trade talks actually signal now, let's move on to other matters staying with China, really data. This morning show. More signs of a slowdown there with consumer inflation in factory gate prices slowing last month, producer prices were up nine tenths of one percent from a year earlier missing forecasts and below that the two point seven percent gain that we saw in November. Formerly former Treasury Secretary Larry Summers says that the economic situation in China is the most challenging in decades. They may get it back up. But that stuff something of which we can be certain there may be consequences to the things they do try to get growth back up. I would be concerned looking at the Chinese economy was former US Treasury Secretary Larry Summers may well here Europe investors from the euro zone. We'll be watching today's ECB account the lost meeting. So the banks stop additional purchases under its two point six trillion euro acid purchases program. Bloomberg's ECB reporter Karen look says that the devil will be in the. Details. Investors will wanna get a feel for how much discussion there was policy going forward. The governing council has kept its language on interest rates unchanged. So far pledging to keep them at current levels through the summer, but any disagreements as to how the risks are aligned for the region's economy might offer. Traders clues as to how quickly normalization could proceed and Frankfurt. Caroline, look. Bloomberg daybreak Europe and turning to politics here in the UK Prime Minister Theresa may has suffered has second defeating two days in the house of Commons. She's lost control of the timetable for the next steps. If as expected parliament votes down her Brexit deal on January, the fifteenth Bloomberg's Alex Morales reports with fewer than one thousand nine days until Britain's departure date from the European Union lawmakers opposed to a no do Brexit trying to prevent the premier from kicking the can further down the road risking Britain crushing out to the block without an agreement in the aftermath of Wednesday's defeat. Mazel is publicly discussed for the first time what she would do if she lose. Is that critically important vote saying the premier would respond quickly and provide certainty on the way forward in London. Alex Morales Bloomberg daybreak Europe. Right. That's our top headlines. This morning. Let's get some more headlines. From around the world. Here is Bloomberg's Liuyang Garin. Sid morning, Markus. South Korean president moon. Jae-in says a meeting between US President Donald Trump and his North Korean counterpart, Kim, Jon on will happen soon from salt. Bloomberg's Peter pay reports sailing stall talks about this mailing North Korea's nuclear arsenal may be back on track. Lynch remarks during his annual press conference came hours after both Beijing and killing young said their leaders back the second Trump Kim summit in so Peter pay Bloomberg daybreak Europe, the world's leading producer of coltan new president the Democratic Republic of Congo says opposition leader Felix teasha, Katie won the election amid fears of protests over vote ringing, rigging he received more than seven million votes. Only twice as many as. The ruling party candidates and a million more than another opposition candidates. The constitutional court hands just fourteen days to validate the results. Japanese Prime minister Shinzo Ave arise in the UK today for extensive tools with Minister Theresa May. Bloomberg's Isabel Reynolds says Brexit is likely to be high on the agenda is likely to support most Brexit plan, according to a foreign ministry official given that a no deal exit from the EU could be extremely damaging for the one thousand Japanese companies in the UK in a tiny gesture of support for the UK Japan announced this week it would lift its twenty three year old ban on British beef imports in Tokyo Isabel Reynolds, Bloomberg daybreak Europe. And Sweden's two main prime minister candidates will report to the speaker of parliament today about the latest attempts to form governments this following September's inconclusive election result. Bloomberg's nNcholas Magnusson reports the stakes are high if social Democrats leaders, Steph LeVine and motorists leader of. Mr. Shawn failed to create cabinets and failed to win sufficient backing for them in votes to be held in parliament this month. An extra election must be held later this year in Stockholm Niklas modernism, Bloomberg daybreak your cable news twenty four hours a day on Aaron at tick tock on Twitter, powered by more than twenty seven hundred journalists and analysts symbol than one hundred twenty countries. I'm guarantee this is Bloomberg Marcus. Thank you very much. Indeed Leon now, here's a look at some of the things that you should be watching out for today. An advisor to the European Union's. Top court is going to give a non binding opinion on the so-called right to be forgotten. An interesting story that one then at twelve thirty pm UK time the be than publishing the account of its December meeting when it halted its two point six trillion euro bond buying program. Then later watch out for fed chairman jerem Powell's speech to the economic club of Washington DC will he continue? What's arguably been more dovish message from the? Federal Reserve since the December meeting we'll keep an eye on that to keeping an eye on Brexit as well this morning. That's.

Bloomberg Europe Bloomberg Marcus China Bloomberg Boston president United States Federal Reserve Wes Goodman UK Eric Rosengren European Union Minister Theresa May chairman Brexit Prime Minister Alex Morales
"bloomberg marcus" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

05:29 min | 3 years ago

"bloomberg marcus" Discussed on Bloomberg Radio New York

"Use stralia is considering issuing a visa for the teenage Saudi women. Hold up in Thailand. Rahat? Al Canadian says she fled to Bangkok to escape family abuse passport was seized by authorities preventing her from flying onto a stray Leah. She's now under the care of the United Nations symbolic as farmers are urging thirties. Tons take cloud. Seeding to ease drought that's hitting crops and destroying kantle policies. The full week dry. Spell has caused some farmers to delay. Planting some across which include the country's staple cool symboblic house for decades. Seeded clouds with silver, iodide and complaints are rising that uses of some Samsung smart-t feigns are unable to actually delete Facebook, the Android based galaxy S eight and other models come with the app already installed, but owners of finding that it's impossible to remain that global news twenty four hours a day on air and tick tock. On Twitter powered by more than twenty seven hundred journalists. Anisimov the one hundred twenty countries, I'm young guarantee. This is Bloomberg Marcus by Sarah muchly, are now Asian stocks are rallying made optimism on the potential for progress in trade talks between Washington and Beijing this as negotiations have extended into a third day we understand that they are now concluded four day. According to people familiar, President Trump at the same time increasingly eager to strike a deal with China to boost slumping markets for more. Let's bring in Bloomberg's managing editor for global business in Asia. That's Emma, O'Brien emigrate or have you on? So how much detail do we actually have from these trade negotiation? So we've just been getting through these lines right from a foreign ministry spokesman over in Beijing, but I'm kind of wondering how much we know what's been going on behind closed doors. Yeah. Not much as yet as he said, we understand as talks just finished. But they haven't been as explosive all sort of controversial in terms of what Spain leaking out as those last talks a couple of months ago in Beijing, which ended in very different statements from both sides, what we are hearing is that an early draft says both sides held fruitful talks, and they decided to hold another round of talks a little bit later that may be in Washington DC, according to some reports and president Xi Jinping right hand, man, when it comes to the trade war and the economy, Leo, he may be attending as far as we understand. So it is coming out that things have panned out to be quite conciliatory. There may have been some progress that agreed to potentially to talk again a little bit different to last time where things were not I this. I mean, the pressure is on the Chinese as much as it is on the United States to come to an agreement. Chinese are proposing a wider twenty nineteen fiscal deficit and make the reality of a slowdown and we also expecting some card date on car sales imminently. Just tied us all together for us. Yeah. That's right. I mean, there is a lot of pressure on the Chinese economy. Arguably a lot more than on the US economy. We're seeing a lot more the impact of the trade war and the hitch to the economy we've been seeing stocks selling off a month, and that has been hitting castle sometime basically for all of the second half of two thousand eighteen car sales with shrinking which is putting the market they're on track for that data today, which we're expecting imminently to show the first drop in Chinese concepts for more than two decades. So really big size and Skype on that. And that does talk to that same idea as we had last week out of apple which shocks the market saying that that's that. I find demand was down in China and that led to then cutting their revenue outlook that really ignited these concerns about Chinese consumer, which we have been saying in the Connacht where people really shrinking. Away from dealerships and not wanting to to get in and buy as being ticket items like cars. Yeah. It's been interesting to see that Chinese call stocks have actually been rising today ahead of these figures that you were just referencing as as essentially there are signals from the Chinese government that there may be some stimulus measures in order to encourage call sales just going back to the trade talks, Emma. I'm kind of wondering what's next here between the United States and China? Yeah. Well, I I think that you'll probably see some concessions potentially from both sides. I think they'll be some olive branches from China. Maybe there is more moves on the on the order tariffs side. Because as he said that that that that reporting that they are looking to rollout. Stimulus. Message measures to consumption of cars means that the flow down in the market definitely is on their radar. And as something that they want to fix our? They had said that the order tariff on US made ties has been temporarily postponed. Maybe they make that more permanent. Maybe they do things on the agricultural front that always seems to place the Trump administration given that voter base in the mid west. So I think we'll see some some olive branches. But it remains to be saying what comes out of these talk. All right. Thank you very much, Bryan. Bloomberg's managing.

United States China Beijing Bloomberg Washington DC Emma United Nations Leah President Trump Bangkok Thailand Bloomberg Marcus Twitter Chinese government Al Canadian Samsung Bryan Facebook Asia
"bloomberg marcus" Discussed on Bloomberg Radio New York

Bloomberg Radio New York

01:43 min | 3 years ago

"bloomberg marcus" Discussed on Bloomberg Radio New York

"Traditions to combat gender ideology, our values. Brazil will be free again from ideological James North Korean leader, Kim Jong UN used his New Year's address to issue a pointed warning to President Trump. He said the country will take a new poll in nuclear talks, if the US didn't relax economic sanctions Kim also affirmed his willingness full for further talks with Trump. China's president Xi Jinping booed and Taiwan. That unification must be the ultimate goal of any talks its future. You'll said that efforts to a set full independence could be matchplay, armed fools. She outlined his stance. One day after the Taiwanese president took a hard line on China. Knowledge to the elections are serious evaluation the government, but the results definite represents an opinions Taiwanese people are prepared to give us sovereignty. And finally a diplomatic rift between Qatar in several Gulf states that has launched it a year and a half is likely to continue into the new year. That's according to an while gone gash, the UAE's minister of stateful foreign affairs, greenberg's Vivian arena reports the Saudi Arabia, Bahrain, and Egypt. Cut diplomatic economic entrance. Sport ties with about in summer, two seventeen accusing the tiny Gulf peninsula interfering in our domestic affairs and supporting terrorism is vehemently denied the allegations. But the rift has festered marring investor perception of the Gulf region in Riyadh Vivian near. I'm Bloomberg daybreak Europe. Global news twenty four hours a day on Aaron it tick tock on Twitter powered by more than twenty seven hundred journalists and analysts symbol than one hundred twenty countries. I'm Yan guarantee. This is Bloomberg Marcus Leon straits is sports.

President Trump Kim Jong UN president Taiwan Bloomberg Marcus Leon Gulf peninsula Riyadh Vivian Gulf Vivian arena Bloomberg Xi Jinping Qatar Brazil Twitter Saudi Arabia UAE US Aaron
Pakistan court to sentence former Prime Minister Nawaz Sharif in corruption charge

Bloomberg Daybreak: Europe

00:32 sec | 3 years ago

Pakistan court to sentence former Prime Minister Nawaz Sharif in corruption charge

"Pakistan. Bloomberg daybreak. Outgoing Defense Secretary James Mattis will now leave the job two months early with President Trump promotion, his top deputy from January. First the abrupt move cut short his tenure to count showed. His tenure was announced in a tweet. It follows criticism about the withdrawal from Syria and a sense of turmoil in the national security team. Donald Trump has announced Patrick Shanahan will be the acting US Defense Secretary from January first and SpaceX has cancer wrinkled year with the deployment of a new GPS satellite for the US air force. The mission was the twenty first of the year. Breaking the previous high of eighteen sit in twenty seventeen global news twenty four hours a day on here and it takes on Twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries. I'm Ben Clarke, this is Bloomberg Marcus much band straight to sports has Andrew Holtz manager. But it's here Tina is playing down the primarily titled charges despite mastic two demolition of Everton. Win means two points behind second-placed, Manchester. City. Still see city as real contenders. I to win the family. I think it's still a long way to to say we have. Contender eighteen sixteen. So only Rangers are appointed drifter Celtic at the top of the Scottish permission after like two one victory at Johnston memorial. Scott both seconded minute winner. Elites comeback victory of Aston Villa means they go into Christmas championship leaders. One three to having traveled to nil at halftime point clear of Norwich at the halfway stage at the season, but he bends contributed nineteen points has one twenty four fourteen wasps up a sick, puppy unions primary ship you cost for a point below was from after twenty seventeen home homeless the third place pasta. That's

United States Donald Trump James Mattis Bloomberg Marcus Andrew Holtz Aston Villa Twitter Spacex Ben Clarke Pakistan. President Trump Syria Rangers Norwich Tina Johnston Memorial Patrick Shanahan Manchester
Brexit: Cabinet aims for deal by end of November

Bloomberg Daybreak: Europe

00:36 sec | 3 years ago

Brexit: Cabinet aims for deal by end of November

"By group seeking a breakaway English. Speaking state, hundreds have been killed in a year of violence following government comp downs on English speaking protesters in the majority French speaking country, Meanwhile, American voters, head to the polls today for a midterm vote. The slightly to result in a split congress. Bloomberg's Kevin cirilli says it's an outcome that could dramatically alter the second half of President Trump's Tom poll show Democrats with a strong shot at winning the twenty three seats needed to flip the house while the electoral map gives Republicans advantage in holding. The Senate votes will be cast for thirty three members of the Senate, plus two special elections and all four hundred and thirty five seats in the house as well as thirty nine governorships, it's the most expensive midterm campaign in US history. And. Estimated to have the biggest turnout as well. Polls show Senate races in Arizona, Nevada, Missouri, Indiana, and Florida all within the margin of error with those Montana and Texas also tight Kevin cirilli. Bloomberg daybreak Europe on another White House. Not Donald Trump has said, he's probably not meeting bloody murder Putin in Paris this weekend that said he does expect some face time at the twenty conference in Argentina at the end of the month. Global news twenty four hours a day on Aaron it took talk on Twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries. I'm Markus Karlsson. This is Bloomberg Marcus.

Senate Kevin Cirilli President Trump Bloomberg Marcus Bloomberg Markus Karlsson White House United States Twitter Aaron Europe Putin Montana Murder Arizona Paris Argentina Missouri
Checking for unsafe water in Flint, Mich.

Bloomberg Daybreak: Europe

03:02 min | 4 years ago

Checking for unsafe water in Flint, Mich.

"Chayhitch with this bloomberg radio business flash we've seen a bit of a relief rally in asian equities overnight if you look ahead to the european equity market opening just over forty minutes euro stocks fifty futures pointing higher by about four tenths percent dax futures and footsie100 futures pointing higher by the same and cac cat forty futures higher by five tenths of a percent p five hundred futures also higher by four tenths of a percent we understand there could be the possibility of some negotiations between the us and china on trade and of course there are about seven weeks for traders and investors to get themselves together before we get those impositions of the new round of tariff so a bit of a relief in equities commodities very much in focus because this is where most of the bloodletting was yesterday we saw oil drop the most in a year dropping some five percent brent crude some seven percent bit of a rebound today brent crude higher by one point eight percent seventy four seventy dollars a barrel is where we trade wti trades at seventy spot eightyone up six tenths of a percent enemy copper also rebounding up one point three percent it had its lowest close in a year yesterday and goldman has cut its three six month and twelve month forecasts on elements copper if threemonth forecast of six thousand five hundred dollars a tonne by the way is actually higher than where we are now at six thousand two hundred and twenty four dollars turn on copper in the fx space dalian on the front foot we're seeing dalian trade one twelve spot twentysix up two tenths of a percent the korean one is under performing of major currencies the offshore yuan in a death cross for the first time since twenty fifteen and also passed that six seven level even though we have seen some gains in it today and then finally take you look at fixed income the ten year treasury yield up a basis point two point eight six percent ten year bundled steady bloomberg business flash is leeann guarantee with more on what's going on around the world good morning nara an execution in nevada which was set to become the country's first lethal injection using the powerful opioid defend no has been delayed by a judge this is due to a challenge from the drug company that objects to the states plan to use one of its products as a sedative for the procedure scott raymond dossier a twice convicted killer has said he prefers to be executed rather than stay in prison they dna elon musk has promised to pay for clean water for homes in flint michigan since the city whose water supply was contaminated with lead to the state changed a sources in two thousand fourteen the state says the water is safe now but some homeowners say it is still undrinkable and the dramatic rescue of twelve boys and they football coaches already in line to be made into a hollywood movie the production companies have announced plans to retell the story including one which says it's been selected by thailand's navy to make a film global news twenty four hours a day on and it took on twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries i'm the i'm gary this is bloomberg marcus thank you very much indeed.

Bloomberg Ten Year Six Thousand Five Hundred Doll Seventy Four Seventy Dollars Twenty Four Dollars Eight Six Percent Twenty Four Hours Three Six Month Eight Percent Forty Minutes Seven Percent Three Percent Five Percent Twelve Month Seven Weeks Threemonth
Jesse Lingard says England will be fearless at the World Cup

Democracy Now

01:51 min | 4 years ago

Jesse Lingard says England will be fearless at the World Cup

"On aaron tick tock on twitter powered by more than twenty seven hundred journalists and on this in more than one hundred twenty countries i'm sandra kilhof this is bloomberg marcus very much indeed sandra sports time now his start another quarterfinal tie the world cup is now known and penalties played a big poss croatia needed spot kicks to beat denmark last night they'll play russia wanna shoot out against spain in today's action pretournament favorites brazil have mexico belgium take on japan this evening as for england's they moved to moscow today ahead of tomorrow's clash with columbia looking for their first win in the knockout phase of a major tournament since two thousand and six midfield jesse lean god says no fear great great chance for process players to really go farmers coalition we believe in ourselves this game by game every game every is different going to the game tennyson roger federer starts is defensive is wimbledon title today knowing that he won't have to face andy murray britain's former champion withdrew from the tournament last night he's not recovered well enough from hip surgery federa says murray pushed himself this hard as he cooks i could have pulled out earlier but if you want to give all the chances in the world to maybe play at the end and you just not feeling in the morning when you wake up to walk out there that you can play best of five a few times in a row what's the point i'm happy for him that he was able to take a decision but i'm sad that we is applying women of course federal begins his campaign this afternoon on center calls against serbia's duchenne liability among the british challenges cameron nori place former compatriot alliott better night in the women's draw serena williams place to british gio harry dot and katie swan ann lewis hamilton finds himself second in.

Roger Federer Ann Lewis Hamilton Katie Swan Cameron Nori Moscow Mexico Bloomberg Sandra Kilhof Serena Williams Serbia Andy Murray Britain Aaron Columbia England Japan Belgium Spain Russia Denmark
U.S. to slap tariffs on steel, aluminum from EU

Bloomberg Daybreak: Europe

01:48 min | 4 years ago

U.S. to slap tariffs on steel, aluminum from EU

"To dismiss it saying allegations are unsupported the head of the organization of american states expects increasingly tougher sanctions on venezuela's president nicolas maduro after challenged his government with crimes against humanity yesterday secretary general luis migros expects at least one country to sponsor the report and trigger a formal investigation by the international criminal court and former slovenian prime minister john is john's is leading the polls ahead of a snap election on sunday his slovenian democratic party sits on twenty five percent in a campaign dominated by fears of an influx of refugees from a comedian and may and mayan sonic is the closest rival nine to sweep out of political elite that's held sway since the fall of the iron curtain global news twenty four hours a day on airline it takes on twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred and twenty countries i'm sandra kilhof this is bloomberg marcus sandra let's turn to one of our themes of the morning that's trade this as the eu is bracing for trade offensive from washington after reports the trump administration is poised to impose tariffs on steel and aluminium the president slapped duties on the metals back in march granted a reprieve to the eu and some other countries until the end of may let's get the latest now on this trade story we're going to go live to paris where bloomberg's counting canal is standing by forest catalin there's been some last minute diplomacy on these tariffs at the oecd meeting tell us about it yeah last minute diplomacy but we didn't see a really any progress here the the eu trae chief cecilia malmstrom met we've the us trade secretary wilbur ross and with the trade representative robert lighthizer bitchy you didn't even do briefing afterwards she didn't talk to the.

Secretary Robert Lighthizer Wilbur Ross Oecd Sandra Kilhof John Prime Minister Luis Migros Nicolas Maduro Representative Venezuela United States Cecilia Malmstrom Bloomberg Paris President Trump Washington EU Twitter
Serena Williams, Italy and Rafael discussed on Bloomberg Daybreak: Europe

Bloomberg Daybreak: Europe

01:30 min | 4 years ago

Serena Williams, Italy and Rafael discussed on Bloomberg Daybreak: Europe

"Bloomberg daybreak europe and efforts symposium ceasefire on the gaza strip have been hampered by militants unleashing a barrel of rockets on southern israel bloomberg's jonathan feser reports eighty palestinian mortar shells and rockets fired at israel on tuesday with the most in four years israeli warplanes struck more than thirty targets across gaza including a tunnel that palestinian militants were building to launch crossborder attacks in tel aviv jonathan i figure bloomberg daybreak europe global news twenty four hours a day on air tick talk on twitter and powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries i'm sandra kilhof this is bloomberg marcus let's get to you morning sports has helen leslie british number tailored when they did the second the fringe open tennis with cameron laurie inaction liter ruling data's made easy work of strean alex dylan alden his opening match naughty luca but a police in the last two real world number one rafael dials so off italy's simoni lali and serena williams has a winning baton to grand slam tennis she beat christina scuba in her first appearance since she became a mum last year williams a black catsuit on court she says it helps with a blood clot problem and england limited overs cricket captain morgan's confident a fractured finger want to miss any of your summer matches your setup middlesex.

Serena Williams Italy Rafael Cameron Laurie Helen Leslie Marcus Sandra Kilhof Jonathan Feser Captain Morgan Bloomberg Luca Alex Dylan Tennis Twitter Tel Aviv Gaza Israel Europe Twenty Four Hours Four Years
Trump-Kim summit: Words angering North Korea

Bloomberg Daybreak: Europe

01:48 min | 4 years ago

Trump-Kim summit: Words angering North Korea

"Perfect meanwhile the british premier will hold a parliamentary version her you withdrawal bill in june setting the scene for a showdown between factions of her conservative party last night spanish prime minister mariano rajoy won a crucial parliamentary vote to pass a longdelayed budget for the country beanbags maria today oh reports a proven the budget will give the spanish primer some recite as he tries to short support for his minority government damaged by the catalan independence crisis and a series of corruption scandals as of the budget is promising to boost pay for pensioners and lowincome workers maurya today bloomberg daybreak europe madrid and north korea is again threatening to cancel the trump came summit if americans that it gave up nuclear weapons the us president has also cast further doubt on the meeting saying there's a very substantial chance it won't happen but trump says we'll know more soon very well happen but whatever it is that we will know next week about singapore and if we go i think it'll be a great thing for north korea sunday a date will absolutely happen it could very well be june twelfth we'll see we'll know next week global news twenty four hours a day on air net take talk on twitter powered by more than twenty seven hundred journalists and analysts in more than one hundred twenty countries i'm sandra kilhof this is bloomberg marcus thanks very much indeed sandra time now for your morning sports i'm gonna kick it off with the crickets has joe townsend somerset cricketer dumbass will make his england debut in the first task against pakistan south and logs this morning the twenty year old off spinner was a surprise call up having played just sixteen county championship matches england looking to recover from a poll winter for losing test series against australia and new zealand josh portland been recalled as a specialist batsman having consistently impressed in limited overs.

Mariano Rajoy Europe North Korea President Trump Singapore Twitter Josh Portland Prime Minister Bloomberg Donald Trump Sandra Kilhof Joe Townsend Somerset Pakistan Australia Twenty Four Hours Twenty Year
Vodafone agrees 18.4 billion euro deal to buy some Liberty assets

The Patti Vasquez Show

02:17 min | 4 years ago

Vodafone agrees 18.4 billion euro deal to buy some Liberty assets

"New body that would investigate unsolved killings from the troubles in northern ireland introducing and you historical investigations unit was a major part of the two thousand fourteen stormont house agreement they agreed then to create a new independent body to deal with killings where there have been no prosecutions and the governor of hawaii is calling for us federal help to deal with an erupting volcano that's forced thousands of people to leave their homes at least twentysix properties have been destroyed by its lava officials have contacted the white house and the us federal emergency management authority global news twenty four hours a day on and talk on twitter powered by more than twenty seven hundred journalists and analysts more than one hundred and twenty countries i'm beyond guarantee this is bloomberg marcus thank you very much indeed leon we're just getting through some breaking news on the bloomberg terminal that we spoke about this story earlier now it's confirmed liberty global is to sell some european operations to vote a phone in a deal valued at nineteen billion euros these operations include liberty global's businesses and activities in germany hungary romania and the czech republic so virgin mobile here in the uk for instance would not be included in this deal liberty global to sell some european operations to vote a phone in a nineteen billion euro deal that's what we're hearing this morning vodafone as cisse cap ex senator of about five hundred thirty five million euros per year and vodafone says that the deal completion is anticipated around the middle of two thousand nine hundred nineteen vodafone also says that it is to finance this purchase by using existing cash as well as new debt so those are the latest breaking lines on the bloomberg regarding this liberty global vodafone let's get back to our top story then marcus france germany and the uk say they regret president trump's decision to pull the us out of the twenty fifteen deal to curb iran's nuclear program the news that america will reinstate financial sanctions on the islamic republic has sent brent above sixty six dollars a barrel in this session with wti touching highs above seventy dollars after oil actually dropped in the us session yesterday for more let's bring in bloomberg's ameri hordern who's been looking more closely at the potential fallout ameri document accompanying.

Iran President Trump France Hungary Germany Hawaii United States Brent America Ireland Donald Trump Bloomberg Senator Vodafone UK Czech Republic Romania Liberty Global
Even one drink a day could be shortening your life

01:28 min | 4 years ago

Even one drink a day could be shortening your life

"Business flash now here's sandra kilhof with more on what's going on around the world good morning markus us and european officials have made progress on revisions to the iran nuclear record raising optimism that president trump may be persuaded not to scrap the deal officials from the uk franz on germany how the matched from talks with us officials more confident than they've been after previous meetings according to european diplomats they are close turning an agreement on how to handle iran's ballistic missile program slovakia is prepared to send more money to the us budget if required following brexit according to prime minister peter pellegrini cooling on all members to share the financial burden pellegrini told bloomberg that slovakia could raise its contributions by as much as a fifth to one point two percent of gdp and having as little as one alcoholic drink a day could shorten your life according to major new study published in the land set and analysis of six hundred thousand drinkers found that drinking five to ten alcoholic drinks week was likely to shorten a person's life by up to six months this increases with higher alcohol consumption with those having eighteen drinks more losing up to five years of life global news twenty four hours a day powered by more than twenty seven hundred journalists and listen more than one hundred twenty countries i'm sandra kilhof this is bloomberg marcus this news depress me a little bit on a friday just as i'm just going to say some words on cautioned that something to keep in mind as you're heading to the pub this afternoon thank you very much indeed.

Sandra Kilhof Donald Trump Iran Slovakia United States Prime Minister Peter Pellegrini Bloomberg Markus President Trump UK Germany Twenty Four Hours Two Percent Five Years Six Months
Turkey takes control of Afrin in Syria

02:32 min | 4 years ago

Turkey takes control of Afrin in Syria

"Under pressure to explain how data and fifty million users were exploited for political gain as fall as claims data from cambridge analytical used the leaked information to help donald trump when the us presidency bloomberg sarah frier explains unaggressive saying that it shouldn't case that a hundred thousand people getting beta giving it to a researcher she result in all that information on fifty million people being in the hands of that person in furthermore basic was not able to track the data as it went to the third party he was able to bear for give us a cambridge analytica in space of had no idea a has asked facebook ceo mark zuckerberg to testify on the matter and tacky has captured the town afrin on syria's northern border bloomberg's simon says as follows a two month campaign to expel the us backed forces the capture of afrin could propel adwan expand the offensive to push the syrian kurdish y pg militia from the border and quash aspirations of kurdish self rule ankara sees the why as an extension of pkk militants who have been battling for kurdish autonomy in turkey for decades in istanbul simmons can bloomberg daybreak europe global news twenty four hours a day powered by more than twenty seven hundred journalists and anisimov the one hundred twenty countries i'm sandra kilhof this is bloomberg marcus from sandra to the sports here's joe thompson chelsea boss antonio contest says he doesn't see drawing southampton is the easiest path to their three cup final after beating leicester two one in extratime is side voted manchester united and tottenham will meet in next month or the semi celtic now ten points clear the top of the scottish premiership with just eight games to play they could have extended their advantage further though drew nil nil at motherwell despite their opponents having cedric kick bryce sent off in the first half celtics john henry's been called up by scotland for the first time after his club teammate care and tierney withdrew because of injury for martin's also pulled out to the squad for friendlies against costa rica home four we're here to help bowl scotland out that's the like this i'm joe townsend joe tells into with european sports now let's turn back.

Sandra Kilhof Cambridge Analytical Donald Trump Unaggressive Cambridge Facebook CEO PKK Istanbul Martin Joe Thompson Manchester Cedric John Henry Tierney Costa Rica Joe Townsend Antonio Contest Researcher Mark Zuckerberg