let's get more from jodi schneider. what message are we expecting from the president, especially as we are seeing this shift in what israel plans to do? jodi: first of all, he will reiterate the u.s. support for israel, a message he has given -- has been giving ever since that october 7 attack, and the necessity to fight terrorism. we will hear that strongly again and probably somewhat passionately. this is something the president has made clear. we also are starting to hear more about concerns about what the extended ground war into gaza could do to civilian populations. this is something that has been increasingly a worry for the administration and something the president i am sure will address tonight in terms of sympathy for civilians who are not connected to hamas, who are not connected to terrorism, and also the humanitarian crisis that could develop their. he will also call for restraint in terms of other countries getting involved. there is growing concern about hezbollah from the north being funded by iran, by o

shery: bloomberg's political news director jodi schneider.an get a round up of these stories you need to know in today's edition of daybreak. terminal subscribers go today bigo. you can customize your settings so you'll get the news on the industries and assets you care about. this is bloomberg. ♪ we all work differently now. so cdw helped us deploy mac, supercharged by apple silicon. ♪♪ built-in security protects me from malware and forgotten passwords. i've got enough battery life to get me halfway around the globe. and lower overall costs leave more money in our budget. for more practical furniture? this was supposed to be hip. no. can you help me up? with mac, configured by cdw, a solution that works for everyone isn't just possible, it's powerful. haidi: the imf says it is monitoring the conflict between israel and hamas and its impact on global energy markets. the latest on the block's annual meeting in marrakech. >> on day four of the imf annual meetings, the managing director said the ongoing israel hamas conflict dims the global outl

shery: for more, let's bring in bloomberg's political news director, jodi schneider. lots of concerns that wiping hamas off the earth could main -- could mean a humanitarian crisis that broadens out. how difficult is antony blinken's job now in israel? >> secretary of state blinken is there to provide the sense that america is paying attention and the u.s. is standing by israel, as president biden has made clear over the past few days, including a speech very directed on that point yesterday where he said, "we will not waiver in are supportive israel," meaning the u.s. government. this is really more secretary blinken being there, also concerned about the fates of the americans who are still missing, some who may be held hostage. he is there to play the comforter role but also to make clear the case that the u.s. will stand by israel and the u.s. will stand by israelis in whatever it needs. there may be a major humanitarian crisis in southern israel depending on what shape this war takes, what the next steps are, if there is a bombing campaign, a ground war, that may

shery: bloomberg's political director jodi schneider. really able to support the yen, which continue to weaken in u.s. trading after the boj loosened its grip on bond yields, it's a reminder for the governor of the pitfalls in trying to move toward policy normalization without disrupting markets. >> the bank of japan will not set strict upper limits or lower limits on long-term interest rates. under our adjustment operations, we don't see yields rising significantly beyond 1%, even if upward pressure is placed on long-term interest rates. shery: let's bring in bloomberg senior economy editor. this is coming at a time when we are headed toward another fomc decision. and if we hear this narrative of higher for a longer, how much pressure could z/yen see? >> that's right, we have had this market divergence between federal reserve and bank of japan policy for some time and even the latest signals from the fed is that they are at or near the peak haven't been enough to provide much relief to the yen, if we keep in mind that the longer dated t

for more bloomberg political news director jodi schneider joins us from washington. ave any idea now who could unified this very divided republican party in the house? or do we just see more contentious infighting? jodi: that is the real question. can anybody get to 218 votes, the majority in the house that you might recall kevin mccarthy it took him 15 rounds in a historic vote earlier this year. then he only served to her 9.5 months when he was forced out by the dissident wing of his own caucus. it is really hard to see who could get to that number and then can they unify? no democrats voted to save the speaker yesterday. in that historic vote on that motion to vacate. that was basically to oust kevin mccarthy. we are hearing names. steve scalise came out and we saw that from a. matt gaetz of course brought up the motion to vacate. he was the one behind this attempt to oust the speaker. he was the one that really kind of moved that forward. so, steve scalise is one name. he is in the majority leader. he is thought to be somebody that could work on issues. he is well

haidi: jodi schneider here with me in new york. our next guest says the world is in the process of reordering itself, something it does every few generations. with us now is the chairman at geopolitical futures. georgia, great to have you with us. you have recently written we are in a new period consisting of four, economic crisis -- war, economic crisis and mutual rage. how long do you expect the bore to go on given past history? >> for a long time given us history. you have to remember that a lot of erbil nations are hostile to hamas -- arab nations are hostile to hamas and want this to settle down, so one of the scenes we are seeing in this world is traditional animosities are shifting, so egypt did not want to see dissent jordan did not want to see this and they are trying to walk a tight rope that we really have to understand that the president's visit was so important not only for the israelis, but many arab countries that are hostile to us. shery: we did not see president biden having these meetings with arab leaders that we

across from her, we are joined by the political news director jody schneider in washington. we know that americans have also been part of hostages taken during the attack. what does full support mean in terms of where president biden is willing to provide to israel at this point? >> president binds main message was the u.s. stands by israel, is horrified by the attacks over the weekend. particularly of civilians near children, elderly and making the case that this should not widen. that others that seek to take advantage of the situation -- he basically said don't do it. he was trying for a very unified message supportive of israel. a very sober and resolute kind of speech from the white house today. he did say that munitions and other intelligence support will be forthcoming from the u.s.. particularly things to help replenish the iron dam, that antimissile structure in this realm. but in terms of long-term funding, he is going to need congress support for that and he said he will make sure he gets that from congress. that will be trickier. especially given the house of rep

paul: bloomberg's political news director, jodi schneider. still ahead, the secretary of agriculture's outlook for japan's economy and why they see government yen interventions having only a limited effect on the we currency. plus, more on market strategies next. this is bloomberg. ♪ it's easy to get lost in investment research. introducing j.p. morgan personal advisors. hey david. connect with an advisor to create your personalized plan. let's find the right investments for your goals okay, great. j.p. morgan wealth management. was also the first time you heard of a town named dinosaur, colorado. we just got an order from dinosaur, colorado. start an easy to build, powerful website for free with a partner that always puts you first. start for free at godaddy.com >> i'm not saying that this soft landing is an absolutely sure thing, but i do continue to think it is the most likely path . are there risks to this outcome? of course there are. and global shocks are among them. paul: let u.s. treasury secretary, janet yellen come on the chances of

shery: bloomberg's political director, jodi schneider there. let's see how we are setting up for the asian session. it may be a challenging day. annabelle: that's right. you've got political dysfunction, but the big theme still remains the fed and central banks generally, and its narrative, higher for longer, is still the story here. for equities, we are pointing ahead to and move to the downside in aussie stocks. we are tracking the moves in the bond space. the aussie tenure yesterday reaching its highest since 2011, still continuing to move higher. kiwi bonds as well. kiwi assets broadly. we have the rbnz physician in a moment here -- decision in a moment here. they could possibly leave the door open to a further hike. the move in treasuries, the japanese yen, if you change on now to hit the 150 level against the greenback. this is typically when we watch for a sign of intervention from officials. you saw the sharp move higher in the dollar against the japanese currency. what drove that was the japanese government intervention. could there be