ed hyman, chairman at evercore isi.y with us for this rare interview. ♪ matt: from bloomberg world headquarters, this is bloomberg markets. i matt miller. want to kick it off with headlines. y: first off, we had to pope francis. he has a message for donald trump. anyone who wants to build a wall along the west border with mexico is not a christian. the pontiff says christians build bridges, not walls. donald trump saying it is disgraceful to push in a -- question a person's faith. john kasich says he is not staying in south carolina on saturday night. instead, he will head to vermont and massachusetts. both states hold their primaries on march 1. buyingrico says it is blood from the red cross after the federal government said u.s. territories affected by the zika virus should limit the use of locally donated blood. the fda directive applies to puerto rico, u.s. virgin islands and american samoa. google, facebook and other tech companies and supporting apple in its fight against the u.s. government. apple has rejected a

joining us on the phone is the number one rated energy analyst, doug terreson of evercore isi.d to speak with you. i appreciate you calling in. after chevron, i don't know how optimistic i should be about exxon. what's the answer to that question? >> well, you shouldn't be overly optimistic in first half, but therein lies the opportunity as well. and i think investors are focused on three things right now. and, you know, one is that the major retrenchment phase that everyone is undergoing, they're slashing their operating and capital costs because big oil wants to cover dividends and smaller ones want to survive. secondly, in pass down terms, we had major consolidation with the big oil creating value by purchasing smaller entities and that's important because that's often a marker for bottoms and commodity industries like this one. and finally, scott, it starts and ends with oil prices. last week we had enthusiasm created on rumors of cooperation between saudi arabia and russia. but there are a lot of obstacles to that outcome. we're optimistic than others might be, that a brea

every corerector of isi -- evercore isi. scarlet: yahoo!oking at potential bidders as early as today. and, a backer of john kasich presidential bid. the details coming up. ♪ scarlet: you are watching bloomberg. scarlet fu. alix: i am alix steel. this is your global business report. scarlet: here is what we are watching. building a global safety net. the international monetary fund says it will build market confidence. alix: currency traders are becoming a dying greed on wall street. they are falling victim to automation. president former opec says there is reason to believe a deal will stick. alix: we start with the upcoming g 20 summit. finance leaders are heading to shank i'd this week. one key topic, how to strengthen the safety net of the global financial system. with money pouring out of imfging nations, the estimates nearly $4 billion exit world markets in january alone. that has spurred calls for policy coordination between emerging economies. scarlet: it is not a good time to be a currency trader. the job action suite coincided with