13 Burst results for "Salman Ahmed"
"salman ahmed" Discussed on NewsRadio WIOD
"And so and to spend two days and Disney world and then sit back and get back to work. The number of European nations are cutting travel from the United Kingdom. After Britain imposed new restrictions over a new strain of the coronavirus, France, Germany, Ireland, The Netherlands and Belgium of all stopped flights from Britain. Coronavirus, though, is being blamed now for dozens of more deaths in Florida just yesterday, 97 more lives were reportedly lost due to covet 1984 100. New cases of the virus confirmed the positivity rate that just under 8%. At 11 03. Miami may be on its way to becoming the next Silicon Valley Mayor Francis Wars has been pitching the city of the California tech companies. Some have already moved to Miami shutter stocks, One of them, its founder, calls Miami and up and coming Tech scene. And Salman Ahmed running for 122 yards and a touch them. The Dolphins dropped the Patriots 20 to 12 of hard Rock stadium, eliminating New England from playoff contention. Miami currently holds NFC wild card spot at nine and five and head coach Brian Flores says his team never quits. Didn't play great in the first half got down into the red Zone. Turned it over. It was time we don't go in the tank. Just keep playing You just battle from Atlanta. The Bucks rally for 31 27 victory of the Falcons and the Ravens took out the Jags 40 to 14, Jupiter and Saturn are aligning perfectly tonight, creating what's commonly called the Christmas Star or the Star of Bethlehem. And it's having a line this closely in about 400 years, and it hasn't been visible in about 800 years. This is the star that appears in the negativity story of the Gospel of Matthew when the wise men were coming from the East. Who meet Jesus December 21st, also marking the winter solstice. It is the shortest day of the year, meaning the star will be visible longer. More news at 11 30 I'm Natalie Rodriguez Sneeze radio 6 10 Wi OD. Hey, everybody. This is Miley.
"salman ahmed" Discussed on The TFL Podcast
"Should get out of expected. Speed up the he'd give it away. Miami at demba Looking he up denver running backs iron. A committee hurts. Lindsey i think is running back. I think he's showing that he's just completely agree with you. John he always tells you know going in. I always lindsay's been admitted back around. At least but when you were telling people to lindsey was out that's very important pace every time every time a large majority of the time but the a of you're bringing this up because all three weeks you said the city. He did well and very wakes me to be to be real in that one out of all wouldn't have thought but that's okay. That's like wait. Were saying season-long idea about who uses sorry the law on that one obvious. Yeah it looks so you can keep paddock jerry. Jeudy he's coming lindsay play one but not two and three told him to cps are pretty sure told him to sit. Wait one as well the anyway jerry. Jeudy tim patrick. Thinking can stop jeudy. Tim patrick is a bit of a short the dark. He'll solid earlier in the year but injuries. No offense assure stat Off oh i'll tell you i. Honestly again he sees. He's moya dynasty todd so to pay attention to him. He has had an ankle injury. That's really plagued by the positive and he's looked awful. He's actually got hit ribs last week. So that's impacting him. As well locks under an injury cloud as well and the home and just screams. York's to me so i am just avoiding as taught in awe as a projection. He's not he's not fair enough he that says kiko from jenny Dismays miami weeks. Yeah i'm not expecting to show up and miami jay. The trees ahead of their schedule. I think that they would be at this. Point trades on defense. stay finch. i remember the autism. People were giving them a little bit. Like what are you may. They went down with some of the pickups like van noise lynn guy and they picked up For the browns and there there will be good developing good defense special teams. Just keeping a guy not salman ahmed running back by just elimination. He's the god and they use them stack loss yet. If you haven't let's moon dallas that minnesota let's get donaldson is sorta dallas outside of elliott in group or that you'd be having stop you. Don't back this way yet. don't yeah so. I think with dalton back i think is brings some of these water savings back into play lot. I think sadie lab at waters. Six thirty seven argon arena. Get something go with the audio putting him in the mix with competent. I can't don't miss a competent quarterback a say really going to be deck levels of stability these I'll take you produce. You chuck a chalk up a game. That's an adequate little. So i think he's not show. Yeah like even gallup while not he got some targets with that first game back of dalton as well so i don't think unstoppable may it's weighing say i think that's really what say the minnesota secondary is rubbish. Sorry i think that's fair with minnesota. You stop coke. Stop the alone you stock. Just jackson unis has just Roy's to dislike wide receiver. One level is outstanding other that i'm not too keen on anyone else Late would be studying out about now. That's what i'm disappoint expect as being. Yeah zeke has been quick saw police. This crunched house ramped for Mccaffrey zinc no yes. Cook mink right yes. Henry's been gripe. Thomas no paint. A few of those i read is that you're so excited to get a top six p. So excited and most of them phipps climbed outside. that's yeah like kamara picked up in a few lakes. And that's what's been boiling my change everywhere. Yeah which is good By the end of the first round. Kate drake's boss just jacobs's band not. Yeah now davante adams very solid. So i feel like this is in that first round that you like wrestling your struggle. Is that the worst. The worst of that. I think in my experience decimated. Yeah inside last game on slide. Three one green bay. Indianapolis the big thing. Hewitt's indianapolis defense is so good but dangerously let's say doesn't apply and lozada's apply relying aaron joins in markets data scanning crying. Yeah the as my son. And that's funny that just means but anyway hesitant to play aaron rodgers. I will play out in march my quarterback else yet. It gets one of those things in play on the go feature. Yeah and if he does plied than aaron johns you lock and lloyd as really no season from him. Flip on the other side compensation tyler running back to the one that you've yeah. I love jonathan taylor here. It's a sock against iran. Eight months has been. I would show these tracks. Babies establish network from from hong. And he's probably say settling with static show and i'll vetoed ins- bonaly cokes. Our allies in the mix. I think doyle was out which backed up. So i try. Sneaky play.
Dolphins earn 5th straight win by beating Chargers 29-21
"Salman Ahmed ran for eighty five yards on twenty one carries and had a one yard touchdown run on the dolphins first play in a twenty nine twenty one decision over the Chargers the undrafted Ahmed was making his first career start as he helped the six and three dolphins get their fifth consecutive victory to a ton of I. Lola passed for one hundred sixty nine yards and two scores and improved to three and since taking over for Ryan Fitzpatrick Justin Herbert struggled against Miami's blitzing defense throwing for a season low one hundred eighty seven yards I'm the ferry
"salman ahmed" Discussed on KNBR The Sports Leader
"Dance under Kyle Shanahan butting of heads and cow Shanahan even sort of wagons finger insiders know whose last year when they go out in the wind in Washington members after calcination revenge tour last year yeah like him against the Browns he felt good about beat up on Cleveland in the the Nick Bosa game against Baker Mayfield any feel damn good about going to Washington when at nine nothing slop fest in the rain number that I've been defenders all slide around in the in the backfield after wrapping that one up anyway we'll what we'll hear a little bit from John Lynch and Kyle Shanahan will hear about these draft selections out what this team is gonna look like when we get into the fall and really hoping we get some football but it did feel like a like a sports weekend we got the NFL draft into Saturday night is made a lot of selection to picked up I believe it was ten or eleven players they signed in this in the undrafted free agency it's eleven Dave tells me eleven different players including a couple of running backs his kids Salman Ahmed a Washington person he could be a Hey Matt Breida replacement a lot of people let him actually getting drafted in the later rounds and ended up being held out so that held out of the draft but he ended up not being selected and then I just picked them up in undrafted free agency yesterday so lot of a lot of players to sift through a lot to talk about and we'll get some of the reactions from the text line from you eight or we can be our about Joe Staley's retirement you think about the draft class they took Joe Staley and they took Pat Willis in that same draft you guys are gonna end up in the hall of fame in one draft is it's a pretty damn good all are you fast forward to today Joe Staley no longer play in pro football it sounds like so get the shot the thoughts from John Lynch Kyle Shanahan and we're gonna dive in episodes three and four of the last dance to Michael Jordan documentary on ESPN I thought it was good I thought it was pretty good I I thought it was one two were a little bit better I thought yesterday was a pretty heavy on the montage front for me yesterday I know the the all team America world police every movie needs a montage not every observer documentary needs among states while also I think Michael's gonna need a liver transplant by the entity and we you know yesterday was not nearly as bad as like he didn't I didn't notice the glasses much yesterday it was a lot of different footage look obviously the film this thing over a big period of time we can take years or however long it took to sit down and do all these interviews here get Michael in different areas of the home or in different situations where different outfits I don't think he was in that same sure with that Scotch like we saw in episode one that might have been all the episode ones definitely kilo whatever it was Dave but EMV the odds are still glossy but he's at the glossy eyes as were pointed out last week he said the glossy eyes regardless for a really long time and that I think just come from from hours and hours and hours of sitting in smoke filled casinos without any sleep right who knows where it goes from or maybe it's a John does who knows what's going on with lightly as today's point it's the it's the booze in the party in the can do it to you but the Dennis Rodman he he doesn't have the glossy eyes he's got the voice studio in down here talking now almost like he's got a well as voice boxes rates terrible terrible stuff anyway we got into the Rodman stuff yesterday he just ask for forty eight hours off to go to Vegas mid season I need forty eight hours he's gone for like ninety I told told Phil dude if you give them two weeks two days off you went to see the boys get ready it's coming back and then you know going back it was a it was all good but anyway we'll get into the last game stuff a little bit later want to hear more from Kyle and John about to jog via the Joe Staley staff how it all went down and held the state created within the draft knowing they had to replace get another big hole hi this time in the office of one sort of a defensive line if you were able to do it after day one and after day two of the NFL draft and it seems like they're probably gonna be in pretty good position whether they can get a deal done with Trent Williams remains to be seen but we'll discuss all of that as we get rolling so Monday morning in the leadoff spot on the sports leader the leadoff spot with Adam Copeland on KNBR one oh four five and six weeks for its leader with doctor Sanjay Gupta have you picked up any new habits while you've been confined to your house I'm doctor Sanjay Gupta CNN's chief medical correspondent there's a lot of things that are really tough about being stuck at home for weeks on end the one of the upsides time time for things you wouldn't normally have time for in fact the other day my daughter's introduced me to the quarantine baking hashtag on Instagram not gonna say people across the country and around the world are making some really impressive stuff one expert we talked to said that baking provides a sense of accomplishment especially in this period of anxiety and unknowns baking can give us something tangible to create control and enjoy when we have the finished product and all of that.
"salman ahmed" Discussed on Bloomberg Radio New York
"A give live in London DAB digital radio so in the mall Kate's at Matt it was very low volumes in terms of trading in the Asian section but we gain Hey in the ACSI markets you suck six hundred up seven tenths of one percent missiles that should acts also hot a similar amount especially the caco which is the stand that well more than one person that the haven rally has somewhat stool because the gold is down six tenths of one said one thousand four hundred ninety seven we do see a game for W. T. I. I'm bring food by seven tenths of one percent for bring food the yen there is we could three tenths of one percent one a six four fifty five I also give you the bond market is right now the Italian B. C. P. moves a bit interesting and there's more a political uncertainty given the resignation of of of cold today one point three four percent is the ten year PC P. yield down three basis points that is the outlaw as we see yields actually cross the rest of your days are negative sixty six basis points on German bund yields we get that thirty year bond auction at ten thirty AM they'll be a lot of interest to see how much appetite there is for no percent coupon on the long bones over in Germany USC is one point five eight percent also gaining three basis points amounts and just lost me we'll see through the online Ole price slump earlier this morning that's the kind of commodities line that we had out but for us as consumers just imagine how much cheaper we can buy our iron ore yes the motion will use to put that I'm joking it's maybe it's too early in the morning in in London where an hour later here so I'm already there okay you it is a life with them yeah I'm already relaxed enough to joke around a little bit let's try and figure out what's going on in these markets right now shall we yeah well let's bring someone to talk about then yeah exactly and and the fight of guess is sitting right next to me so I did I begin Salman Ahmed who's the chief investment strategist at Lombard OTA asset management he joins us in the other on the CW big television and radio some of the very good morning and the connected that the haven rally is still willing to someone at the moment this of course ahead of Jackson Hole this week and what we expected to head for home form Dr Powell wherever US yields heading how many rate cuts do you see happening in the next year it bought please economists this morning say they see three before the end of twenty nineteen good morning I think I think of as you said that the allies are on on Jackson Hole at the moment especially remarks on to impossible I have two new share that I think could to a ball is a developing this invitation for making the U. turns out and I think the last Coleman C. gave off at the FOMC meeting were a bit more rigid symptoms of thought expectation be thinking that we may have a fifty basis point guard in September of firstly because the international developments have deteriorated since the loss of MC meeting which is something which do visitor involved mentioned that was a key and state readable they are they are watching and then and and also the fact that the markets have moved very very rapidly especially the bond markets due to signal that they are expecting a death MC and the fed to do something significant to support growth of which is under a lot of pressure so I'll be expecting fifty basis points of Demba and another twenty five basis point in December and what happens in twenty twenty really will depend on how trade war dynamics continue from him because that is one of the biggest drags on the global economy at the moment we get big stimulus packages I mean not just from Germany but what if we get them about you know trance talking about cutting capital gains taxes I think it also you could be right I think the indication of capital gains is a is in every new that president trump is exhorting although I'm a bit concerned whether the Congress will allow that to happen and and and the fact that they put in the look ready very you know a rich or the upper upper income class friendly so it remains to be seen if that can go on come through but I think the German fiscal stimulus which is I believe is the need of the hour and and I think that would be important and I think it's good that the discussion as has started whatever disappointed that it's not happening right now because it should it should happen because at this moment time because Germany's intercession based on the data we see yeah okay so the the sooner the better but what about a silly and on the risk form of the political uncertainty is it a si do we get a new coalition do you see that happening between five saw an ad in the Democratic Party do you see snap elections should the markets can more because he is on ten years had a bold touch one point three one percent or two so that's not a massive many visits you're right I think of one of the major reasons why I think I've done in one market has a completely ignored this bout of of political uncertainty in Italy is because ECB I think if there's a time to have a political crisis is now is the time to do it because we have got potentially easy a Q. U. program coming in September the the definition of key a couple key will be using the baked because the city has flexibility on that front and that will benefit Italy but having said that in my view I think there's a fifty percent chance that we get a coalition government between five sun BDO caretaker and a fifty percent chance of a snap elections so it's not bad snap elections are completely off the table but I think it's more important is the ECB backstop is the market is looking out at the moment what do you expect out of Jackson Hole are gonna get fifty basis points Donald Trump wants a hundred the there been a even though markets pricing way more than this indications from different fed speakers that for twenty five might be the way to go yes I think twenty five is is is and so far I think the consensus view I think the market is pricing in around thirty thirty three thirty three thirty four basis points the reason I of you going for fifty basis point is that that the if this is going to be a sizeable stimulus which has to be put in place and to stabilize confidence shock which is passing through the system right now I think a fifty basis point cut can do that and and and it's still lose much lower than what Mr trump is president trump is asking soul so you can you know deflect that that political pressure augment as well and we have seen the fed do permits before and I think that's probably one of the reasons why the market and the bond market moved very very rapidly because we saw at the start of the how do elephants in equity markets and perceptions of a risk and change fed a policy statements very very quickly so I thought following following the markets I'm what about goes you call that one of your conviction trades explain I think gold we we think is I'd like to do ready will going forward we have been posted on board since April and the main reason is real negative real rates I thing negative real rates Victor is here to stay off the bill going forward of you just starting to see the the start of the easing cycle from key central banks and I think that will benefit gold quite a bit and and and and given that opportunity costs augments remains and also the fact that fiat currency model itself is under pressure and if V. do go into a currency what type situation that also is benefit that can benefit gold all right someone has been a pleasure having you on both on Bloomberg radio and on Bloomberg television today thanks so much for joining us here on daybreak Solomon Akhmed there he comes to us from Lombard OTA Nelson breaking news we just had in the last few minutes mother we going to delve into later in the program to new ways well funds sovereign wealth fund has returned twenty eight point five billion dollars in the second quarter this is of course a one trillion dollar funded is gained eighty four billion dollars in the first quarter basin slow at the average is one point four percent of global stocks that's what the phones has average in terms of its holding so you really some interesting numbers that we can take into all right excellent stuff let's get over not asunder kill Hafer.
"salman ahmed" Discussed on Bloomberg Radio New York
"Open on Bloomberg television and this morning live. Also on Bloomberg radio. We are twenty four minutes into the trading day. These bounds going on on European equities this morning, ending the quarter perhaps in style. Stocks rallying as the first quarter comes to a close, but nearly everything rallied in tandem this quarter following a bruising, December the feds dovish pivot extended the life of the credit cycle and the month ends has been rocked by the flight to sovereign bonds. So why should investors be looking for gains in the months ahead? Salman Ahmed chief investment strategies that Lombard Odier investment managers is still with us salmon, how significant was the pivot to dovish doubling down on dovish this that we got from the fed in this quarter and how much he's got that support or underpin gains in the second quarter. I think it was it was the most critical development of the quarter from December in Powell said that this the balance she's autopilot to to where we are right now. I think probably the most significant pivot the fed has done in outside the recession years, and in my view is that this this is more structural and a reflection of the changing the reaction function, which basically means is for a given level of unemployment rate and inflation, the fed policy is going to be more dovish, and we audit across sort, and I think that this will support risk because it extends the business cycle. Unlike like some narrative in the market that reflects increasing probability of recession, and I totally disagree with that in my view. This is a this is a way to extend the business cycle by reducing the risk of accidental tightening by the fed which should support risky as we go along the..
"salman ahmed" Discussed on Bloomberg Radio New York
"Let's get to some breaking news though, crossing the Bloomberg. I e a giving its latest forecast for oil demand and supply and the like the one thousand nine hundred and global oil demand growth estimate is unchanged. At one point four million barrels a day, they all talking about the increasing role played by non OPEC countries. Something of a continuation of that theme. So with that in mind, let's check the oil price is doing with by seven tenths of one percent on WTI fifty three fifty despite the fact we saw what could have been some quite a Barry signals from OPEC earlier on in the week with Augusta supply and demand assumptions oil prices have seen to be jumping on the positivity around trade and instead pricing in Besse global growth so that pushes oil prices higher. Of course, we've got in mind checking equa. The markets that better news around trade or expectation at least around trade pushing equity markets higher in the Asian session by seven tenths of a percent on the stock six hundred Shanghai up by one point eight percents the situation in Europe getting a boost from that as well up by four tenths of one percent on the stock six hundred the first one hundred up by four tenths does that. You're Dax also up by around four tenths. We seem to be off the highs of the session, but US should still point higher by between two and four tenths of a percent. So the could be semi strength to the latter part of the European day as well when we get into the Europe into the US open looking at two which sectors are doing particularly. Well, this is sort of wiscon- picture coming through there as well. Within utilities is the weakest performing sector in Europe that's actor in negative territory. But elsewhere, we've got most sectors in positive territory, chemicals, basic resources technology and autos and auto parts moving higher this morning. Let's check the dollar for you were pretty flat actually on the dollar big plays in an easy land dollar. We didn't get the tilt of the dovish side that had been expected from the central Bank. Over in New Zealand, so up by one point three percents against the greenback and checks checking on the US tenure two point six eight percent is where we find ourselves for a little bit weaker actually on the US tenure, which is interesting when you consider just how widespread this wiscon- vibe. Is this morning Matt's? All right. Let's get to Patrick Armstrong right now CIO at URI me wealth. Joining us as he did on Bloomberg television now on Bloomberg radio. Patrick, what do you make first off of markets right now, as we have a second day sort of real risk on sentiment amid optimism for a trade deal between the US and China, I think markets are grinding hire some people had cash on the sidelines from December. When everyone was worried about everything and a lot of those things don't seem as scary as they did back in December. So the feds tilted more dovish government shutdown looks like it's likely behind us. We still don't know for sure if that's going to be open and looks like they've been progress on China, and the US and tariffs aren't coming on. As quickly as we were they might. So all those things I think are leading risk assets to move higher and probably rightfully so this guy sits generally aren't incredibly expensive. I think there's going to be some headwinds in the second half. But right now, that's where the momentum is and you so you believe maybe there's some reason to be optimistic around trade that common sense will prevail. I think is the words you using on TV a little bit earlier. Obviously, it's easy to believe that when the ferries on pores, how long does the federal main pause, and Patrick if the fed hikes actually don't think it's going to be incredibly bad news for markets because they're showing they're going to be dovish. So if they're hiking they need to hike. It's probably going to be for the right way is going to hike because of growth is not going to be probably the bad kind of inflation. I don't think I think there is going to be higher prices by it's going to be driven by growth surprising to the upside. I think the market isn't overly optimistic for global growth there. Definitely extremely pessimistic. For European growth. Probably rightfully so. But the dire outcomes that people are worried about I don't think are going to materialize. So do you see earnings growth? No, you're then not very much. Actually. So two percent is what we have in our models for SNP earnings growth. We actually have revenue growth going at almost five percent but profit margins were never higher than they were last year. I think came in at ten point eight percent on margin for the S and P five hundred. That's never been achieved before and things that have been tailwinds. I think start to move into some headwinds. So apple doesn't have the pricing power. It used to is the biggest or one of the biggest stocks in the market you're going to have higher wage costs. We think interest rate costs are going to start to move higher and the cost of tariffs, sir. Basically higher costs basically as well. You can't pass that on to the consumer. So all of those things are going to lead to a downtrend mean reversion in poverty margin. So earnings growth not much of it. So it's not much of it. In that context. It does America continue. To outperform to American stocks outperform. I ask this because we've had divergent views speaking over the last twenty four hours on Bloomberg TV saying America, I is the obvious trade. Divergence higher. But then we spoke to Salman Ahmed. Do I think was suggesting that actually that's going to be unwound like the US economy? I we don't like US stocks I because of your producing over capacity in the US economy, and you've had a late thirty cycle fiscal stimulus all of these things are probably going to lead to an environment where margins aren't going to be a strong. Everyone's very pessimistic on Europe. German consumers have so much to spend the German government has so much ability to do fiscal stimulus. If the dire situations that the consensus view is due starts materialize. I think we'll finally see some given some fiscal stimulus from the John needs to go out by two cycles. I'm sure that will be fairly stimulus. First of all, I definitely plan on doing that that's going to happen. But obviously, motorcycles are fairly inexpensive. I talked yesterday to the German Economy Minister, Peter Altmaier and suggested the same thing he said, they are increasing spend. Ending infrastructure here. Definitely needs to be upgraded. But the question is can they will they do it to the point of boosting the economy? They only expect growth of I think one percent one percent is what they're going. Yeah. So the fiscal stimulus it still not really a proper stimulus because they don't have a deficit. They're still letting a small surplus. I think even with one percent projected glow. So I'm talking about a stimulus if that one percent starts to look at risk that they actually do things that move into a deficit and. People shivering in Berlin. Thought so extreme, and it's like the ant and the grasshopper. The US is the grasshopper. Germans are the aunt and the Germans a saving for that. Call Dave it's coming but consumption is fifty three percent of German GB GDP. It's almost seventy percents of America the savings rate in America. I think is five and a half percent, Germany. It's eleven percent savings rate government to GDP sixty versus something getting to one hundred. There's a huge amount of potential to stimulate Germany's economy if it needs to that's what makes me they came close to session technical one. But I think that would be deployed if we did move into something that was looking like an act so with that nice description of the ams in the garage, hopper in mind. Do you prefer the euro or the dollar or the shown them both and had to gold? That's see would. I would like to like the euro. But it's just that comes on political as well. So I think gold is where we're feeling much more comfortable, and I think that's going to be the natural conclusion of a lot of people who've got currency reserves investors, gold looks more attractive than the euro, given the political masks, but actually think the euro is probably going to grind higher against the dollar starting fairly soon as these very negative scenarios for up if they don't come to pass them. I think on purchasing power parity Big Mac index all of these things US dollars overvalued versus most currencies. Can I ask a slightly philosophical question to round out the interview as we move to more than one hundred percent debt to GDP in the US? What do you think about that? And how much does it matter in times of Alexandria, occasional Cortez? If we are putting up big deficits, it certainly. Didn't bring down the Japanese economy. I don't even know about her fiscal plans, if it would be a huge deficit because she'd be getting a lot more tax revenue as well. So on her plans, I think they're probably more budget neutral than the current White House administration. I don't have those numbers in front of me. But I think it's a much higher tax revenue base as well. So. One hundred percent that to GDP matters. If interest rates start to move higher, and if you've got political risk some inflation and debt issues, you need a risk premium in the term structure on US interest rates. And that's when one hundred percent of GDP starts, the big differences. Weathersby has come from my spies, isn't it? That's what people point to Japan out and say, you know, it's it's domestic Yvonne did not makes the difference in the I hope we don't get into an environment where the US is the only buyer of US treasuries right now the rest of the world is doing that for them. But that exorbitant privilege they've benefited from start to dissipate. Thank you very much Patrick Armstrong compensation CIO app. Larini wells here with us in our London studio. Let's get the national news headlines,.
"salman ahmed" Discussed on WAFS Biz 1190
"Mary hitch with this Bloomberg radio business flash. Forty seven minutes into the equity trading session. In Europe was seeing a second day of gains for European equities. The stock six hundred of six tenths of a percent this with a broad picture of restoring across markets today, carmakers and chemicals outperforming in terms of the industry groups regionally, we are seeing pretty broad based gains in Europe, the footsie one hundred CAC forty both higher by at least four tenths of a percent. The Dax higher by more than one percent. And the footsie may have higher by six tenths of a percent yesterday was a little bit lacklustre in the US session. We closed flat. But with a bit of a positive bias US futures pointing higher though up six tenths of a percent on S and P five hundred Emmys, NASDAQ futures track high of seven tenths of a percent. Some optimism in these markets around the potential of averting a US government shutdown by the end of the week. And also, perhaps some optimism around the U S China trade talks on fixated on. The dollar though nine straight days of gains its longest winning streak since twenty sixteen dollars reverse the weakness that we've seen in two thousand nineteen on a dovish fed is the strength though, largely down to other central banks at the moment out dubbing the fed and the lack of alternatives. Elsewhere in the emerging markets, perhaps a different story, you're seeing the yen has actually hit a twenty nine hundred nine low against the dollar in today's session that gave a lift jeopardy shares in the Asian session Dalian trades at one ten sixty one up two tenths of a percent. The euro beat the end to it yesterday, though, because it hits a one thousand nine hundred and low in yesterday's session, and it continues its weakness we are seeing seven days of losses in the euro one twelve fifty eight is where we trade on that right now in fixed income the ten year treasury yield who's higher by almost two basis points on a two sixty seven hundred is where we are on the ten year. Treasury yields the ten year bond yield at twelve basis points a steady right now, we're seeing the tenure BPO dropped by four basis points so BP burden spread. Tightening and the ten year gilt yield steady right now at one point one eight percent in the commodity space oil rebounding from a two week low. Of course last week was the worst we twenty nineteen for oil WTI and Brent both on the front foot WTI trades at fifty two spots seventy two Brent a sixty one spot ninety Kuta in the general risk rally. That's your Bloomberg business flash. Is beyond garren with more on what's going on around the world. Thank you. They ran a reviews found Google and Facebook should be made to improve trust in the content. They host the can cross review commissioned by the government recommends at tech giant should have a news quality obligation, which would be overseen by a regulator. It's made a number of recommendations, including encouraging tax breaks for public interest journalism, the John of former Malaysian, Prime Minister, nausea breath counts being delayed indefinitely as he prepares an appeal against charges linked to the missing billions that estate investment fund, one MD, nausea faces forty t counts including corruption embezzlement and breach of trust over its role in the fruit. And he denies any wrongdoing. The proceedings were already running well behind a shed job and finding in the UK quotes by some of the country's greatest romantic writers ought to be featured on special Royal Mail, read postboxes for Valentine's Day, Royal hopes at the boxes will encourage people to send their own written masterpieces in the form of love letters and Valentine. Stay cuts this year. Global news twenty four hours a day on Aaron it tick tock on Twitter powered by more than twenty seven hundred journalists and analysts in both the one hundred twenty countries I'm Leon guarantee. This is Bloomberg Markus. Thanks so much Leon. Now, we all go to tell the conversation towards the dollar next. It's heading higher for nine straight session as narrow was just saying its longest winning streak since two thousand sixteen Salman Ahmed chief investment strategist at Montbard ODA asset management is joining us now in our London studio. Great to have you here, salmon. Now, you've played that flagged previously that late sake of late cycle dynamics. Let me get that. Right. Will take hold and put pressure on the dollar seeing the rally for the greenback. Are you changing your mind? Now, we're still see that being the slightly longer term story. I think there is a clear differentiation happening in currency space. I think are the traditional coalitions are I think under pressure, and let me think elaborate on that in the sense that. What we're seeing in the donor is the X Y, which is the euro and do certain extend yen taking the pressure because obviously there has been a significant evidence of slowdown in your in the yours over the last few months, but if you look at emerging market, they have been been quite strong. Irrespective of what the X Y has done. In fact, our analysis shows that emerging markets strength did not get any support from the X Y this time around which is quite different from twenty fifteen and hundred sixteen. So I think it's a it's a it's a result of this late cycle dot. By different going through different cycles, and you have central banks which are now being pressured is to do different things, and the result is that you have to be very clear clearer which cross we are talking about compared to, you know, a broad-based dollar strength or board with Donald weakness. Yeah. It's a good point you make Salvin because the MCI EM currency index is up to date. But when you look at the euro, and you look at the yen. Let's look at the euro specifically, right and the and the Bank of Japan to a certain extent, we've had dovish signals come out since we've had the dovish turn from the fed. And it's made me question this morning with other central banks, basically out dubbing the fed and you're seeing a stronger dollar just because of a lack of alternatives of currencies to buy particularly in the G turn. I know EM is a different story. But can you really see material dollar weakness for twenty nine thousand nine until you see these other g ten currencies pick up. I agree with you there. I think our view has been more pressure. And the reason why. View was put in places that it's not like ECB or the euro zone is on on on fighting on seven cylinders or eight is at the moment. There is are fundamental issues in euro-zone, and then on Japan as well Bank of Japan has gotten stuck into this. This vehicle control policy. So. Space. You have have this interesting differential dynamic, which is ebbing and flowing, and that means you have to be very nimble in this environment. And that's one of the I think the key characteristics of this late cycle that that beyond three to six months uncertainty just blows up incredibly at this stage. I mean, one of the main questions now right is when we'll see another US recession if we'll see it. What's your thinking that Carl bass, for instance, when he's been speaking to Bloomberg he was fighting the potential of a recession in the middle of twenty twenty nine with you will thinking, I think of my perspective, I think the probability of recession coming through in a global set is more from euro-zone than the US US has some significant domestic strengths which is working for them. I'm not saying that the US is not going to slow down because mechanically the fiscal stimulus which was put in place last year is going to start to ease off between one thousand nine hundred as we go into twenty twenty. But if the fed can keep Rian rates below one percent, I think they can get more time. We're the problem in your zone comes in is that they have just maxed out on this stimulus. They don't reach the inflation target. And it's very difficult to see what is the next source of support. And last point in China. Yes, we are seeing slowdowns in China. But we also see what the will see is doing what the Chinese government is doing. They're putting a significant amount of stimulus in the pipeline. So I think out of those three I'm more concerned about the euro-zone. Yes, certainly you can see how the could have run out of ammunition. But ultimately, you say we could see more stimulus from China. The feds perhaps you think does have some musician ammunition still at this stage. So the two of the world's largest economies are not risking a recession. What is your biggest concern because we keep bringing up recession? But then everyone says may twenty twenty so to me there are other hurdles to get over before we even get to that. So what is the biggest hurdle for you this year Salman, the title of your notice, no recession yet tricky? I think the tricky part is this trade war, and I'm I'm positive on the. Trade wafting. And I think it has. Like, I think there will be a deal, which we control the what kind of deal just no tariff increase and a truce to keep talking. All I think I think that the ten percents data which was put on face to maybe maybe removed at some point. And both sides have an incentive to do that twenty twenty US presidential election year. The congress is not going to let President Trump do much. And I think he needs a win which is a very basic emotion for him when it comes to twenty twenty and I think later in twenty nine thousand nine hundred on September, the incentive to do a trade deal. Even though it's costs Matic, and you may say there has been nothing sold in the structural issue. But from for narrative perspective deal will come through. And and we know the incentives for China is very clear because of the domestic slowdown. But that is also the weakness because if this is the white got factor if it goes wrong, then you are looking at these pillars of strength. Also shaking while yours is under pressure in the very short term. We're looking at the potential hero of some sort of a deal to avoid in another US government shutdown. The question now is whether or not Donald Trump will be signing off on this deal. Struck by. Congressional negotiators to what extent does that perhaps or has that proved an impediment for? US assets that the threat of a shutdown. I think the last shutdown always the was very long duration, but it was a partial shutdown. So the impact the economic impact was quite moderate, even if we lost one point one point two percentage points, it'd be will give back in Q two. But if it happens again, and the markets reasons that this is a sign of structural deadlock between Trump and congress than I think the two century will be higher. That's why I think this is more important than the last one and also the debt ceiling because then it becomes very complicated. And I think the markets will also we have these obviously underlying worries then we can latch onto it will US equities underperformed the rest of the world in two thousand nineteen. And if so why I think they will underperform what you markets because of the valuation support emerging markets have emerging markets have seen recessions, although we keep on saying recessions, and we've got this recession obsession we should remember that EM from. Very battle perspective pricing and recessions introduced sixteen. Early water twenty eighteen euro-zone was doing in twenty twenty one twenty twelve twenty fifteen so we have had these, you know, significant pricing, but I think the valuation gap, and the fact that if my view on the trade war comes through then I think US would be in the middle of the back. Thank you so much, salmon, I've met great to have you in the studio chief investment strategist at Lombard OJ asset management, and we are an hour into the equity trading session in Europe..
"salman ahmed" Discussed on Bloomberg Radio New York
"Bloomberg daybreak Europe live from London. This is what your markets are doing. There's actually quite a lot of movement were about thirty minutes from the open futures are kind of positioned moving sideways. I think they're getting their cue from Asia, Asian stocks. They're posting actually modest gains felony after noon rally in the US. What people want to know? Now. First of all what the fed does next. Whether we will indeed see a pause for Federal Reserve tightening. And of course, they're trying to figure out what the shifting mood on these Chinese American trade talks mean for their. Assets. I mean for their markets, and what it means for world GDP now the dollar taking higher the actually dipping the ten year treasury yield taking lower Yuan rising, building reasons. Strength. What also I'm looking at is what happens to oil. It's very clear that in this partnership between Russia and Saudi Arabia. The Russians haven't really played ball. When it comes to these production cuts watch out for that. And then the other big thing is what we're seeing, of course, on a pound and a little bit of weakness on pound as we understand the Theresa May be weighing a postponing that important vote on whether her deal gets through parliament or not. So that's your main market moves a lot going on today. And of course, we'll keep you today did every fifteen minutes with some of the market moves. Now, the fed chair. Jay Powell has delivered a bullish assessment of the US economy and labor market ahead of the latest payroll numbers in a speech to a housing conference. He said the economy's performing very well. Overall with strong job creation and gradually rising wages will. Economists are expecting a moderate rise in payrolls later today, despite some data this week indicating possible cooling onto something else. We're watching out for and this is OPEC's oil remains under pressure after the OPEC plus meeting ended in Vienna with no agreement on production curbs. Bloomberg's Anne-Marie Hordern says two days of talks wrapped up inconclusively after Russia refused to commit to a big reduction OPEC and friends descend upon Vienna. And a last ditch effort to find agreement the nine n David Saudi Arabia throwing cold water on a deal saying we are not confident of an agreement. Russia will join the group today's negotiations. Go down to the wire in Vienna. Anne-marie Hordern, Bloomberg daybreak Europe. Now, global private equity firms have told Prime Minister Theresa may that the prospect of a no deal Brexit makes them reluctant to boost investment in the UK. Sources say trade secretary Liam Fox met executives at Downing Street this week and urged them to support maize deal. However, it's under fire from all sides with. Critics demanding she go back to the negotiating table. However brussel says that's not possible shoot an echo. This is a balanced agreement which is and I must say this once again calmly and seriously, the only the best possible one. But that was the chief Brexit negotiator. Michelle vani speaking in Brussels now, the arrest of war way, CFO men Wanjiru is said to be part of a US investigation into whether the company tried to evade sanctions on Iran by rounding transactions through HSBC. The Wall Street Journal says the dealings were flagged as suspicious, although HSBC itself is not under investigation. The Trump administration says it was aware of arrest before trade talks with China, but the president himself did actually not know now for the latest in global news. Here's Bloomberg's leeann guarantee highly leeann, good morning, Francine. Emmanuel Macron's popularity keeps sinking is front braces for fresh protests from the NFS movement demonstration saw plan to go hand tomorrow despite the. Governments announced u-turn on fuel tax hikes. Eighty nine thousand riot police will be mobilized across the country as concerns grow over violent actions. Meanwhile, echoes from Francis demonstrations over petrol prices all being heard at the UN, the UN climate talks delegates gathering in Poland or viewing the actions in Paris as a Qiutian retail or balancing greenhouse polity policies with social welfare Burks, Bobby McGill reports outside the negotiations observer organizations began to push for countries to respond to the yellow vest demonstrations in France by urging them to keep Poland's call for just transition a movement to include social welfare programs and respect for worker human rights and the rules for how the Paris climate agreement is to be implemented in candidates of Poland. Bobby McGill, Bloomberg daybreak Europe. Angela Merkel begins a slow departure from the political scene today as governing CD you policy. Alexa, new leader. Bloomberg's Patrick Donahue explains. That Michael will. Remain chancellor thousand and one delegates will gather in Hamburg to make their choice in a contest still seen as wide open. Frederick merits a one time Michael rival, we'll try to make a political comeback in his bid for the leadership miracles favored successor and Crump car will make a pitch to keep the party in the political center in Hamburg, Patrick Donahue, Bloomberg daybreak Europe. And Yemen's warring parties who the rebels and the Yemeni government help begun talks in Sweden for the first time in two years. Bloomberg's Amanda Bill no reports the discussions to build trust between the two sides. The first step was a prisoner. Swap agreement affecting thousands of families in Yemen. Some of the topics to be discussed is how to deescalate the conflict a possible reopening airport and the situation who data Instagram. Amanda Buna, Bloomberg daybreak Europe clever. News twenty four hours a day on Aaron at tick tock 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. Francine. Leeann thank you so much onto your markets. There's quite a lot going on. It's been a pretty busy week. If not a busy month of not a busy year of not a busy decade, someone Ahmed. He is chief investment strategist at Lamberto Di asset management joins me now in the London studio Salman, thank you so much as always we're giving us a little bit of your time. I'm looking at wider picture, and we seem that every two days. There's a little bit of a correction. Markets are anxious about something unclear whether this is monetary policy trade or something. Definitely I think from day to day perspective the narrative in the market is changing rapidly. I think if you look at the same developments one day, it's a bearish story and the next day the same development is seen bullish. But I think if you zoom out of of the day to day noise, which is coming through one thing is clear that the US in the US. The data is not consistent with any decision in the next six to nine months. In fact, the data the data which have come out quite strong. And then let's see what happens if the job report later today, but my own expecting expectation is is going to be around two hundred K, plus and then on the more importantly, an obviously probably equally importantly on the U S China trade front, I think that has been a big positive development in terms of the talk starting between the two sides yet. If you look at the big things for twenty nine thousand nine how does Brexit play out? I mean Brexit could be played out next Tuesday the but could be delayed. We have about twelve ways in which this could end. What does that mean? Mean for investments? So Brexit situation right now. According to our analysis is actually only a pressure for ukiah says and more specifically GDP, I think international or the global impact of Brexit is is minimal right now. In fact, more important effective. What is happening the US economy, and you know, between the US and China trade frictions or what is the outlook for that? But when you look at Brexit salvaged Australian issue for for for the UK and going forward, obviously, as you mentioned, they are probably twelve different direction, this can go. But ultimately, we think the GDP specifically will remain hostage to these developments. Okay. This is not like a binary outcome. I mean cable doesn't go to one ten to one fifty. I think the probability of that compared to two weeks ago in terms of shop move up or down has reduced my view because I think the deadline can be shifted now, and that's a big development because this can drag on and that means that you know, a deadline or cliff edge effect becomes less. Relevant and less probable, and that's why I think rangebound action in seeing at very very weak levels for sterling is likely to continue and some of what's priced in European stocks. Is there a danger that even though Brexit as isolated actually, you know, the German car makers others in France have just not priced in the possibility of a no deal? Brexit, certainly I think what is being priced in in European stocks. Specifically is this slowdown happening in euro-zone? There's been issues with as you rightly pointed out with the German auto sectors. And then on top of that we have some domestic issues in France of each wing in. Lastly, I would also add, you know, some noise about auto sector tat of service have been coming from the US is another negative factor. But ultimately one thing which is positively happening in the eurozone is not getting a lot of attention is that the situation between Italy and European Commission has improved. I think and then those payers have peaked in October and that will be important for twenty nine hundred. So what's the? Biggest risk. We're just getting a headline from Mr. de Maya unity saying he has a full confidence of Giovanni three. But they've taken away the negotiation powder of the finance minister. So what does he just a puppet, I think it was always that that to and fro between Italy and the populace lately and European Commission will be noisy. But I think what we have seen over the last few days is that it seems that the government has realized that the confrontational starts is actually doing more damage to their plans rather than helping them. And I think in that way, this shift we are seeing between the different constituents acting is expected. And and I think it's supposed is opposed to someone over all what is the what is the part of the market where you see the most value either because it's a loved or because it's safe. Look, I think one of the market a consensus is is China. In fact, I think there's a lot of damage priced into Chinese acids which have to be taken to account. By the fact, that there's a strong fiscal stimulus in the pipeline by Chinese authorities. Not occurred stimulus fiscal stimulus, which will help growth. And then Secondly, I expect even though these trade talks to be noisy, but some significant progress to be made next year. All right. Thank you so much coming up more with lumbered days Salman, Ahmed he stays with us. This is daybreak Europe. Live from Bloomberg's European headquarters in London coming up. We have a full roundup of the risks in two thousand nineteen. This is Bloomberg. Okay..
"salman ahmed" Discussed on Bloomberg Radio New York
"The result of thousands of hours of hard negotiation by UK officials many many meetings, which I end all the ministers held with our EU counterparts. I firmly believe that the draft withdrawal agreement was the best that could be negotiated and it was for the cabinet to decide whether to move on in the talks. Leading tory. Euro-sceptics Jacob re small has already said he won't support the deal. Although he says he won't call for Helios from her this morning in the Commons, and we've heard from the labor party haven't we met that they will not support it. Yeah. Exactly. So it doesn't seem like anyone will support this deal that Theresa May's cabinet apparently approved. Let's bring in Salman Ahmed is the chief investment strategist at Lombard o'day asset management joining us in the studio. He was with us on on television. Earlier first off, what's your what's your take on this Theresa May's Brexit minister resigning because he didn't like her Brexit deal. Look, I think it is a little bit surprising. As you mentioned. I think he was involved on the front row seat on the negotiations. But some resignations were expected. An and I think the part two was the meaningful work in parliament is was supposed to be a twisting and bending it. Always makes a bit more clear how what is the bath which lies ahead? But that's the critic. Milestone, which is the parliament would that is an he's he's saying he's doing this because he doesn't like this does in Northern Ireland. That's certainly part of the story. That's why he has resigned an intensive UK assets. Then some how on earth do you trade them or do you give them a wide berth because we live comes to sterling? I think my view remains that the sterling market has to let its voice heard, which is, you know, put pressure on the ball dishes that this kind of. And this kind of volatility will lead to market reactions. And I think that pressure if it bills in think should should affected into the campus by the politicians as the go ahead in terms of negotiating this deal. We we put to you on television already the question of the day, which is is the next move in the pound up or down. And at the time we asked you it was trading up above one thirty. You said the next move has to. Be down. And now, of course, we're seeing it drop one percent after the resignation of Dominic, Robb. My my biggest question here is how did the market not know this was going to happen. I mean, why who was out there buying the pound up above one thirty when it's so clear that this is an unloved deal. I think there's volatility is being generated by I think as the markets have become very short-term focus, they are responding to events. So that the cabinet approval draft. I think led to that short-term optimism or I think this VIP saw move we will have to accept expect going forward. And Lastly, I think I think if the market towards in the Dow which I think it potentially will in the next few days, that's the critical move. So that. It becomes a participant in this whole saga and not just a bystander, I suppose there were others with their strong stomachs who still thinks differently matinee, and I've heard this other view that suggested that this is going to be incredibly volatile. But that if it makes it to the comments, and it is a binary choice. Then many ministers will back it incredibly reluctantly because they don't like no Dylan. That's why it matters what they are actually asked to vote on of course, all of those views being expressed before we saw Dominic Robb resigned. This does raise questions as to where the deal goes next. So let's step away from UK assets. Is that seems a little too volatile stomachs this early morning Salman, let's talk about other masses? We heard from Jay Powell overnight. He was talking about the headwinds the US economy could face, but he also talked about how the October volatility in markets wasn't. I'm paraphrasing now greatly. But wasn't something that's going to put them off. Their course that was certainly the message that was taken away. Are you surprised that stocks went higher with that view? I think his his emphasis on headwinds was was the. The more. I think additional data or information point when I heard is comments. And I think this is after a longtime. He has acknowledged a variety of headwinds which in two thousand nineteen especially the receding fiscal stimulus. And of course, the slowdown in international road. And I think the reason why he downplayed October alternate years that they don't want to derail the December hike, but the critical question right now is what is the part of it takes in twenty thousand nineteen rather than what happens in December. That's where I walk you through some of the other market moves that we're seeing now because the Dax has turned negative as well. So after Dominic Robb resignation. We saw not only the big move in the pound it's down. Now more than one percent to one twenty eight fifty seven. The CAC has dropped it is now trading in negative territory off two tenths of one percent. The Dax dropped down to basically unchanged now, even the footsie is dropping down. So everywhere you look across the screen. There are big moves one. That's unrelated is the South African rand a little bit of a spike thereafter. The South Africa committee recommended changing the constitution on landholdings, which has nothing to do with with Brexit per se. But I'm sure that anyone who's got land down. There is finding that interesting. Someone is this going to create even is this Brexit prosecutor create more volatility across asset classes for the coming days and weeks. I think I see the school for widespread. Volatility shock coming from Brexit, quite limited. I think a UK acids remained, especially sterling and guilds to be to be very specific the main asset classes, which will which will reflect this these dynamics I think you're for euro and European acids. I think there's a second second order effect coming from Brexit because I think the issues and what they used to be does next year and the growth slowdown. We are seeing now are way more important than I think the twists and bends of of Brexit in my in my view. Okay. Sam thank you very much feel time as Ahmed chief investment strategist. Lombard Odier asset management. Hey with us in the studio. All right L. Let's get the world and national news headlines right now for that we go in our London studio to Markus Karlsson, Markus. Thanks very much. Matt New Zealand's Prime minister has posted for an exemption to US tariffs on steel and other minium speaking to Bloomberg just into our done says that she has urged US vice President Mike Pence to further free trade. Real resolve or the most likely result that we expect it to g twenty meeting is some kind of cease fire and then more negotiations kinda deeper than coach to come. Our apologies that obviously was not the new Zealand Prime Minister just into all done. We will bring you that sound a little bit later on. Let's talk through what else we've been hearing from the summit underway in Singapore. Mike Pence he took decisive action to promote his vision across the region with a focus on prosperity security and shed principles. Like you. We see you can Indo Pacific in which all nations large and small can prosper and thrive.
"salman ahmed" Discussed on Bloomberg Radio New York
"Your radio this is a bloomberg business flash from bloomberg's european headquarters here in london i may retain hitch with this bloomberg radio business flash thirteen minutes away from the european equity market opening it looks like we could see another day of gains in europe you were stopped fifty futures higher by seventenths percent dax futures high by six text the present packed forty and footsie100 futures pointing higher by about five tents of eight percent in us futures up twotenths percent off to the sp 500 has had its best five day since two thousand eleven and we have seen some gains in asia as well despite the finn trading because of lunar new year's overruled global equities had a pretty good week the dollar has not had such a good week if we look at the bloomberg a dollar index we all we cut four eight six session in a row down twotenths of 8 percent dole yan down two tenths of a percent one in five ninety one we've broken through one of six for the first time it seems 2016 begins had five days of gains against the dollar the best week for the yen in fact uh since 2016 as well if we take a look at the other crosses some of them cable 141 23 up twotenths of eight percent and the euro near a 2014 high at one twenty five thirty two tenths of a percent with the dollar weakness we've been talking salman ahmed of lombard odier this hour about how the dole is getting increasingly disconnected from rates 10year treasury yields steady at two point nine percent me a full year high the 10year bund yield going nowhere really at seventy seven basis points the market opening up in just over ten minutes as well in the commodity space were looking wti imprint on the front foot wti sixty one spot fifty dollars a barrel brent crude sixty four spot fifty seven oil heading points first weekly gain of this month part of this could be down to the we could oliver we did get that in ben trees data earlier this week which gave oil lift as well gold pya for a fifth day to up threetenths percent that's your bloomberg business flash she's caroline heck has more on what's going on around the world thank you so.
"salman ahmed" Discussed on Bloomberg Radio New York
"A university degree and people journal disappointed by the leadership of italy's ruling democratic party that's the analysis of the research group agency a quorum their study also suggest the outcome of italy's election is far from being certain despite opinion polls showing a centreright coalition is in a lead in rome kevin castillo bloomberg daybreak europe lebanese text us today tunnel the tight seven hundred journalists and analysts in more than 120 countries i'm caroline head kit this is the back marcus that's very much indeed caroline now with your morning sports heads kalam leslie lizzy yellow begins hud attempts to become the first british athlete to routine a winter olympic title this morning is the first two heats of the women's skeleton in said yet loaded dis is the other end up bullets expected alex mcleish will be confirmed the new scotland buddy jo wait till six times in his career is understood the former rangers aston villa and hit force force has agreed to deal until twain explained to the scottish defeat awful i don't try to make the last sixteen of the udl elite awesome deng of sight of three and a lot of the away leg of the apply with arthurson 's chelsea will look to avoid a baked eight feet cup shock tonight the teams championship hallway in the last sixteen leagues attempt to become champions of rugby's world club challenge this morning against aol titleholders melbourne storm in australia the latest i'm kalam leslie come unless he would you'll european sports now let's turn to our guest for the hour and joining us down the line is salman ahmed chief investment strategist at lumbao oda salmaan great to have you on the program as always good morning to you and let's look at the fx space first because of dalian very much in focus today with dalian pushing past one owes six for the first time since 2016 are 105 of course the next round target level but generally we are seeing dollar weakness not just in at today's session but pretty much all week and the dollar is trading at a three year low is there any prospect of a dollar rebound this year good morning to you and your.
"salman ahmed" Discussed on Bloomberg Radio New York
"Scaramucci has a sound rivals french previous steve bannon and oppress time rate according to new yorker right ryan litfin scaramucci described rents as a paranoid schizophrenic a saudi led coalition is carrying out as strikes on yemen's capital saana and softest shiite hutu rebels who control the capital fired several missiles at a saudi airbase sweden's opposition can tin used ecofin a confidence vote after the prime minister yesterday reshuffled his cabinet but refused to ask his defense minister seveneleven defied speculation that he would resign over a political crisis triggered by a government agencies failure to protect classified data saying sweden's home affairs and infrastructure minister will leave the camp cnet and japan's defense minister has quit following a string of gaffes and scandals tacoma nada had little experience of security issues when she was appointed last year but prime minister ave has stuck by her despite pulse suggesting she hut his approval ratings global news 24 hours a day powered by more than 2600 journalists and analysts in more than one hundred and twenty countries to kill half this is bloomberg marcus schenk sandra we are going to go back to our guest this hour salman ahmed chief investment strategist after lombard odier is still with us down the line summit i want to pick up on a sort of the global growth picture we got a french gdp earlier this morning with 05 percent growth in the second quarter also getting through spanish gdp is the eurozone living up to what's been strong survey data i concur the underlying dynamics have ulanov wrong and i think we can look in the actual heartbeat oh be coming through the more a longevity.