i'm betty liu. the world watching very closely the inauguration and the proceedings that will be happening in washington, d.c. starting tomorrow morning. as we mentioned at the open, it looked like asian markets are a little bit spooked by >> we saw. yvonne: they are treading water right now, which is no surprise, leading up to donald trump being in.n also looking ahead to fourth-quarter gdp out of china. it looks solid from the headline figure, but you have to lift the hood to see some of the in. murkiness when it comes to the outlook for 2017 and further. in the meantime, let's look at how the market open is shaping up in tokyo and seoul. here's david ingles. everything that is coming out from china, we will be talking about that later on. it is essentially backward looking. any case, i'll leave it at that. have a look at what we're seeing across tokyo. dollar-yen is 1.15. we are seeing just a little bit below water there. 14 points down for the nikkei. not a lot. happening really across markets.

i am betty liu in new york.hristinia: i am yvonne man in hong kong -- yvonne: i am yvonne man in hong kong. ford plans investments in autonomous vehicles. the carmaker remained confident it will pay 200 billion dollars to shareholders on top of the regular first-quarter dividend. investors will be receiving a total of $.20 per share. it expects pretax profit to fall, but it will rise in 2018 as core business improves. betty: general motors profit forecast beat expectations. it expects net income between six dollars and $6.60 per share pulled byaverage bloomberg. gm will buy back that additional $5 billion in shares even as global auto sales fall. boosting earnings with new models and cost cuts. yvonne: the first indian bank to report earnings since the high-value cash than posted records. the income for the period soared 29%, beating bloomberg estimates. for a fourth day and tumbled as much as 14% as the government withdrew high denomination bills in november. let us take a look at the trading day ahead with dan

i'm betty liu. 7 a.m. it is just after here in hong kong. we are 48 hours into donald trump has presidency and we do see his inauguration speech summed up in two words -- america first. thetone coming from president very similar to the campaign from. still not sure whether to reheat this trump rally. betty: you nailed it on the head. campaignind of like a speech rather than an speech but we will be covering trump from every single important angle that matters to investors. we'll talk about trump in trade, trump in the dollar, trump in currency manipulation. did i miss anything here? yvonne: dollar weaker and treasuries higher seems to be the trend. let's see how things are kicking off in new zealand. pretty slow on this monday morning. you continue to see us truly a, wech out for iron were -- see that with the drop-off in activity ahead of the chinese new year celebration. stocks pretty much flat at the open. japan, watch dollar-yen as well. some strategists seeing the inflection point for the trump trade. we still see some risk off this mor

i am betty liu. we have heard a variety of opinions about where shocks could trade -- stocks could trade. others are still sounding a bit of a caution, saying the fed pretty much has it wrong in terms of how many rate hikes they are going to go through. we are going to hear from one guest in a few minutes who has his own take, unique take on the fed. is interesting to me is fed officials also mentioned the headwinds stemming from a stronger dollar. our next guest also saying the dollar could surge further. also pointing that the yen could surpass 150, which is a pretty bold call. if itof people think passes 120, you're going to see some criticism coming from the u.s.. that is something we need to watch. betty: in the meantime, stocks did advance on release of those fed minutes earlier today. this trump rally just goes on. we have a lot of analysts saying we will at least see the rally continue through midyear. green across the board. the dow back within 60 points of the 20,000 marks. it was all about

betty: i'm betty liu in new york.eadlines at this hour, samsung electronics has warned of slowing growth in key markets and increasing uncertainty around trade and currency fluctuations. the c.e.o. used his new year's speech to urge the company to learn from costly failures and recover its pride. last year's flammable note 7 fiasco cost samsung more than $6 billion and pushed smartphone profits to a record low in the third quarter. shery: south korea's biggest carmakers predict sales will jump 4.7% this year. according to regulatory filings, kia motors is targeting a combined 8.25 million deliveries in 2017. they are planning 10 new models between them to counter growing competition and concern about trade policies under new president donald trump. betty: tesla has given u.k. buyers a new year present postponing a price rise scheduled for january 1 by two weeks. vehicles ordered before january 15 will also benefit from the free access to the company's supercharger battery network before new fees come in. tesla's raisi

in new york, i'm betty liu. a decline at the open, declines on wall street.e will dig deeper into that. much of that having to do with oil prices. let's get straight to the top corporate story today. yahoo! just announcing sweeping changes that will take place, once the deal with rising is completed. they included the departure of ceo marissa mayer from the board. she will step down. let's get more with bryan womack from san francisco. how big of a deal is this, if at all? she will step down. let's get morereporter: it's in. i think there were a lot of eyebrows raised, but essentially, don't think there was a lot of expectation that marissa mayer would stay on with the company, when it becomes nothing more than a holding investment arm to hold asian assets that they have. really, the brand, the web portal, the mobile apps, they are all going to verizon. there was really no expectation that she would stay there. this is kind of part of the yahoo!, getting everyone -- lined up as yahoo! changes. nothing more than a holder of asian assets. betty: is there any in

i'm betty liu in new york. shery: i'm shery ahn and hong kong.a correspondent tom mackenzie has the details. tom, what do we know about these capital injections? pboc plugging the gaps as capital continues to flow out of financial systems. we have a terminal chart that shows exactly what is going on. we are talking about the median term lending facility and that morelance increased by than $100 billion in the months of december alone. that is the biggest jump since we start to get details about this facility back in december 2014, and it really is continuing. growing pressures as a result of these outflows and of course, the youan. it also highlights the contortions of the pboc having to get itself into now as it is on the one hand seeking to maintain funding like this to continue to support the financial system, but on the other hand, tries to tackle these risks we have heard so much about, tied to these high levels of corporate debt. it is trying to move to a more strongerolicy in the economic picture. anchor: we know beijing is taking this on

i am betty liu. it will be a jampacked week.some numbers on japan, not so great on machine orders. we are waiting for abenomics to take old. that willin the u.s. answer questions about whether the fed will go two or three hikes this year. yvonne: we also have fourth-quarter gdp out of china. we talk about inauguration day, also more from the prime minister theresa may, what a hard brexit might mean. you might close your eyes this week, a lot going on. in the asia-pacific, david has more from singapore. david: right, close your eyes, go on vacation, come back friday. it is rare on a monday morning you get moves like this. we have been talking about the pound, some dollar strength coming through, the exception against the japanese yen. to a lowright now fell of 1.19, what is behind the drop likely to see a sustainable rally here. interesting note out of ubs, u.s. dollar will peak in the next few months. positions building up on the dollar, start building shorts against the pound, the euro, and the swedish krona or. the nikkei was

still to come, betty liu will speak with t-mobile ceo john legere.to miss that conversation. tomorrow we will hear from fitbits ceo james park, as well as the president of sony and baidu. episodes are now live streaming on twitter. check us out. that's all for now. have a great evening. this is bloomberg. ♪ announcer: from our studios in new york city, this is "charlie rose." charlie: we begin this evening with this, the new congress began on tuesday. house republicans reversed their plan to strip the house of ethics after their independence. the review came from whoident-elect trump question why lawmakers were making it a priority. the focus today shifted to obamacare. president obama met with democrats to discuss their strategy for presenting and preserving his largest -- his signature legislative

betty liu drawings, a lot of norman rockwell concept that is not considered high art.now to los angeles and san francisco. the take a look at some of the imagery of the museum and draws that he had. space age, they are really monitoring this. you can see why some local residents objected to some of the plans. there is a great story here. you are doing with the dollar. and whether we are thinking about the dollar properly. megan: the rising strength of the dollar is 6% since the election. is that really hampering growth for american corporate? is it going to be something that is going to affect them? but the interesting thing is that they are -- there is more room to run for the dollar. to economicslked editor peter. peter: the point i'm trying to make in the story is that the dollar is not quite as strong as some people think it is. if you look at the federal hasrve's broad index, it gone up considerably over the past couple of years. it is still well below the levels that it reached in 2002. it is even farther below the all-time peak it reached in 1985. we had the so-

in new york, i am betty liu. wonder what else will pop up in a 17. >> you have to break it down, so many of them. >> any number of them can affect the stock market but today we were focused on wall street on what is ahead in the u.s. jobs report. a glance of it with a private payrolls report from adp which sent a little bit of a doubt in the market about the growth because it came in under estimates. we have more on what happened on wall street. for theteresting set up friday wall street trade because we closed off the lows, the -- most losses you raised any nasdaq closed at a record which is an interesting set up, despite -- check out the market snapshot, the dollar extended losses, the new concerns about a strong currency by the fed bonds rallied and yields sank ahead of the friday data. bloomberg, this is bullish dollar bets, going into the new year, way off admit year. -- where we were admitted year. -- mid-year. movers in the big thursday session, retailers taking big hits off the disappointing earnings for

i'm betty liu. this is central banks week. the boj is just hours away from hearing what they have to say about monetary policy. then we have the bank of england and also the fed. we will see how markets are paying attention to central banks. yvonne: how big of a narrative going toj, the fed have? we see the political risk being priced into markets a little bit more, given the backlash we've seen from trump's travel ban. let's get the latest. in asia witho far stocks following wall street lower amid trump's comments which have put investors on alert. japanese stocks falling over 1% year. the kospi coming back online lower 4/10 of 15. let's check what's moving on the -- of 1%. let's check what's moving on the nikkei 225. given the yen movement, take a look at what's going on in the export space.elsewhere in the region, stocks lower .n wellington and sydney materials and energy dragging on the asx 200. given what's going on in the commodity space. we have the likes of fortescue afterup over 2.7% there, the company said its second