mark cranfield, thank you very much. now to the geopolitics in president joe biden saying he hopes the cease-fire between israel and hamas can be secured by next monday. the prime minister of the palestinian authority has tendered his government's resignation amid calls for the organization to reform itself. joining me now is the news director. did joe biden's comments suggest a specific cease-fire deal has been done or at least is very close to being done? it was interesting in terms of the specificity of focusing on monday. >> it was interesting that he mentioned monday specifically, but all he said was that he hopes a deal can be done by next monday. we've got six days left on the clock. we do know there have been further talks going on involving israel and involving the u.s., qatar and egypt as well in paris. there seems to be a sense they are inching toward something because either way, we know time is running out. in is really war cabinet member a week or so ago said if the israeli hospitals -- hostages were not re

mark cranfield says we could move from three to two.n bloomberg, a deep dive and exclusive interview with the ce of italian drinks maker campari. i focus on the market and how clients are positioning. markets today is next in this is bloomberg. ♪ when i was your age, we never had anything like this. what? wifi? wifi that works all over the house, even the basement. the basement. so i can finally throw that party... and invite shannon barnes. dream do come true. xfinity gives you reliable wifi with wall-to-wall coverage on all your devices, even when everyone is online. maybe we'll even get married one day. i wonder what i will be doing? probably still living here with mom and dad. fast reliable speeds right where you need them. that's wall-to-wall wifi on the xfinity 10g network. >> this is bloomberg markets today with castrated less than an hour away here is we need to know. full-year earnings beat estimates. we will speak to the ce

mark cranfield joins us.rying to work out conviction that this is policy that is more determined around supporting the markets. property segment is performing well today. mark: let's start with property. bloomberg had a widely watched index of chinese in hong kong property names. that is a combination of things you're talking about. we've got the property developers association and some are trying to pressure the government to remove taxes put in place when the property market was red-hot. these taxes look out of date. people are excited about the possibility. loan data from china suggests during january the lending was better and then expected from banks, good news. there is spillover from the loan prime rate yesterday. that's feeding into the market so you put those things together and the sectors driving gains we are seeing today. tom: the white list around those companies that could get access to the funding. meanwhile, i know you've been looking at curbing some of the selling going on. how realistic is t

let's get to mark cranfield. we saw how nvidia propelled the markets higher.ow the path seems clear especially for the s&p to go beyond, perhaps get to goldman's 5200. mark: it does look that way. yes, traders love momentum stories and that is what nvidia is all about. driving wonderful momentum. across the other names mentioned as well. across asia, the semiconductor index is up more than 1%. that's going to spill over into europe and the u.s. session leader in the day. -- later in the day. it may look frothy because money is being sucked into these companies we are probably not going to see a major correction until we see people ring out -- something like when we saw the market cap reached $3 trillion. you will have to see something dramatic like that from nvidia before people stand back and say maybe this is overdone. in the meantime it's the biggest story in town and people love running with these narrative stories. haslinda: people talk about how ai has become a macro theme, the implications on the economy, even policymaking on the fed. mark: this is one

talk a bit more about this with guy gratton, associate professor of aviation and environment at cranfield you with us. we got an insight into what this saf could do. clarify some things for us, it is greener, but not green, isn't it? that is fair, yes. it is biofuel, basically quite a clean form of biodiesel using a wide—ranging of feedstock, agricultural waste, chip fat, you name it, to create something that is chemically similar to fossilfuels, but something that is chemically similar to fossil fuels, but because you are not using new oil out of the ground, it is inherently got a lower carbon footprint than pure fossil fuels, but it is still not zero. the good ones are typically around 40% of the carbon footprint of fossil jet fuel. but we note that the industry is trying to find a way to be greener, to reduce emissions, it is an emitter of one of the biggest pollutants... it’s emitter of one of the biggest pollutants. . ._ emitter of one of the biggest ollutants... �* , ., ., ., ., pollutants... it's not. the aviation industry is — pollutants... it's not. the aviation industry is respo

mark cranfield is with us.onsolidating because of the trepidation, what the pc might mean and what fed speak might mean for the dot plot. mark: there's a lot this week. we had a tremendous run, january and february. it has been a great time across the world now that china has got involved. so if you are an investor, particularly a multi-portfolio investor, this week has given you excuses to pay it back. there is a lot of significant data. fed speakers as well. we still have a disconnect between what the market is pricing in terms of potential rate cuts for what the fed has stated in their dot plot. with the risks that the dot plot have adjusted more hawkish lee, they won't move to visually. if there is any thought they will be left unchanged or there is a slight risk they will show fewer cuts than they currently do, it will be a surprise to the market and won't be taken well. putting those things together is reasonable for people to sit out a little bit. haslinda: how do you assist risks from 3% to 2% in the do

for more on this, i spoke to guy gratton, associate professor of aviation and environment at cranfieldy explaining what this so—called sustainable aviation fuel is. it is biofuel, it is basically quite a clean form of biodiesel using a wide range of feedstocks, agricultural waste, wide range of feedstocks, agriculturalwaste, chip wide range of feedstocks, agricultural waste, chip fat, you name it. to create something chemically similarfossilfuels, but because you were not using new oil out of the ground, it is inherently got a lower carbon footprint than pure fossil fuels, but it is still not zero. the good ones are typically around 40% of the carbon footprint of fossil jet fuel. we footprint of fossil 'et fuel. we know that h footprint of fossiljet fuel. we know that the industry desperately is trying to find a way to be greener, to reduce emissions. it is one of the biggest emitters in the world. if i one of the biggest emitters in the world. .., one of the biggest emitters in the world. , .,, i. world. if i can stop you there, it is not. world. if i can stop you there, it is not- th

mark cranfield joining us. some of the commentary when it comes to these fed speakers, waller, harker, the like, it has been boosting the dollar during this holiday in japan. certainly it is one to watch closely. we heard from philip jefferson, the vice chair of the fed. philly fed president patrick harker. here is what they had to say about that rush needed to cut rates. >> we always need to keep in mind the dangers of easing too much in response to improvements in the inflation picture. excessive easing can lead to a stalling or reversal in progress in restoring price stability. >> yes, i do believe that we may be in a position to see rates decrease this year. but i would caution anyone from looking for it right now and right away. we have time to get it right, as we must. yvonne: let's bring in fred newman. it is fed speaker after fed speaker who continues to push back against these rate cuts. what is the next move from the fed going to be? fred: the market is saying it is going to be down, it is just a ques

and that's something are mliv strategist mark cranfield calls china's moment, whether is this sovereign fund pledging the buying of etf's or if they meet financial regulators would talk about the stock markets that is lighting a fire all -- under all the stock encz markets with small caps that was 8.1%, the highest climb on record. it has to be said given how frail the sentiment and how low positioning is, it's interesting how it is sending a stocks flying. let's take you to japan where the nikkei paired losses from earlier on in the day and this was in large part to what we got from the royals largest automaker. investors were cautious. stock was lower. its profit outlook, we saw a rev up and it helped the nikkei close not as low. let's take a look at the fx moves as well because the positive news flow from china is fueling currencies. let's take you to the korean won , aussie dollar. it seems to have a tailwind effect from china. resell the aussie gaining ground as traders reprice the expectations around the expectations around rba rate cuts. tom: avril hong in singapore. on those rba