asia and the us president's visit to japan has not done any damage to equity markets there tokyo's nikkei index jumped by almost one and a three quarter percent the nikkei gained three hundred eighty nine points on tuesday trading highest level in twenty five years analysts say fewer concerns about geopolitical risks and good earnings reports pushed shares higher earlier there was a concern that the arrival of u.s. president trump might upset markets because of tensions with north korea. now for some market analysis let's bring in daniel cole police standing by for us at the frankfurt stock exchange hello dan how trade is there explaining the strong nikkei. you know what a rally off the neck out was just checking the chart monica and pretty much since june we have seen the nikkei going up and going up.

this really strong move up in the nikkei.t is interesting is you see this kind of widening spread. you see where the yen is and what has been happening with the nikkei. derek halpenny, pretty well qualified to answer that question. this?o you make of the nikkei has gone very strongly to the upside. we have seen this in the past, and it tends to end quite sharply as well. where do you see this one going? derek: we think dollar-yen upside is pretty limited. our view is that, essentially, abenomics is essentially a boj monetary stimulus project by and large, and ultimately, the reelection of prime minister abe is not changing the dynamic in renewed boj stimulus that is going to drive the yen weaker. if you look at inflation expectations, five-year inflation swaps, there is no evidence there is any kind of pick up in optimism in relation to abenomics. guy: we will come back and continue to talk about asia. we will talk about china next as well. this is bloomberg. ♪ guy: 8:30 in london. taxing times. the senate reveals its plan, w

nikkei is up and it's dragged some of the other markets higher, as well.urope mixed session comes off a slightly positive session yesterday as you can see there germany is slightly higher, the uk in france slightly lower. energy stocks are outperforming following yesterday's 3% jump. just positive net-net overall with the dow and the s&p higher. the nasdaq is just below the flat line this morning among today's stocks to november on, tripadviser. the travel site generates revenue from advertising has been struggling with a faster than expected shift towards mobile devices it's down 9% the company is cutting its full year earnings outlook. the impact of three hurricanes to hit the u.s. and puerto rico in august and september. weight watchers third quarter results beat its third quarter outlook. the stock, trading at a record high has nearly quadrupled this year and it's up another 12.5% this morning still to come, top stories and roundup of the global action eangisa snapchat slowdown, brki h twitter silence to set the record straight. stay tuned all of that

has been trying to play catch-up to the nikkei.e flat in hong kong. post a is market close flat today in the kospi up by .10%. still seeing the asian markets hold onto decade highs and asian currencies getting a boost on the weak dollar today. a good china literature, a , soaring by tencent 100% in hong kong today, up 84%. nissan in focus after it slashed its profit forecast after announcing those recalls in japan. and a big rally after j.p. morgan upgraded a lot of companies expecting hong kong to have a fairly cold winter. saly thank you, juliette there in singapore. new trade data from the world's second-largest economy. china's exports increased 6.9% in october from a year earlier. along with north korea, trade is one of the top priorities. president trump scheduled to touchdown of a king -- in beijing later today. tom mackenzie is on this story. good to see you. you're already in beijing. what is on top of the agenda there? it's risk and reward, trade versus north korea. what do both sides hope to achieve? the trade numbers ar

standing by at the frankfurt stock exchange hello daniel how trade is there explaining the strong nikkei. you know what a rally of the neck out was just checking the chart monica and pretty much since june we have seen the nikkei going up and going up when you talk to investors here at the trading for asking what is behind this they're basically telling me reasons on the one hand we are getting very strong economical dardar from the united states that has been really helpful helping shares that many of the stock exchanges around asia and also it seems that investors in japan are really optimistic that this boost of the economy is really going to continue and when you talk about today's trading day we've got very strong quarterly in numbers from a very big steel company in japan japan steelworks came out with numbers their share shares have been going up by seventeen point five percent a similar picture this morning also for example in australia where also their shares have been a record since two thousand and eight and also we're expecting a similar situation here today happening at the

the nikkei has wiped out all of its games today, tumbling 1.7%.his is triggering declines in s&p futures and the euro-yen moving on the back of this. the other markets, think the have anythingthey to fear? what is the reader cross? is every argument previous care has not worked. there has been no real follow-through and ignore this. and alltemporary blip will be wonderful again tomorrow. this risk was highlighted yesterday. there are certain technical signs this is getting euphoric. it is not that there are any structural risks for decline -- ford the has been decline. line is a nearly straight to. it forces the weak hands, all those people who are suspicious end up buying. the price action was negative. we saw the market up 2%. it reversed late in the afternoon. they were various reasons given. most were tenuous and salespeople say stop, that is the explanation. we cleaned out the market and what it will do is remind this rally is not invincible. it does have some fragility. you can get correction. in the next few days you may see other markets s

but the nikkei is the strong story. japanese equities have been on a real tear and today adding to that story. sony the leader in all of this, %.t the nikkei up by 1.86 a solid equity performance coming through in asia. the metals market is interesting, as well. 9%.per up by 2.0 nickel up by 3.38%. this as the electric cars story gathers gear. tesla is out with numbers later on. that's get a first word update with juliet. juliet: in new york, a terrorist truck attack has killed eight and wounded several more. the driver was shot by police downrrested after plowing a bicycle path blocks from the world trade center. donald trump tweeted he has ordered the department of homeland security to bolster the vetting of immigrants coming into the u.s.. u.s., george papadopoulos made a significant claim in an gmail. top campaign officials agreed to a pre-election meeting with representatives of the vladimir putin. if true, it would bolster claims that the campaign attempted to collude with russia. it is unclear whether cap about t

the nikkei up 2% almost. we're getting new details on yesterday afternoon's terror attack in new york city. eight people are confirmed dead a dozen others are injured after a man deliberately drove a truck down a bike path in lower manhattan. let's go straight to cnbc's contessa brewer who is on the scene for thus morning contessa >> the injured toll has just been updated to 16 in the hospital and that includes the gunman himself or the attacker himself. he was inngery overnight but now is out and in critical condition. at the scene the students returning to community college and high school will find a vastly different scenario the roads are blocked off. entrances to their school are being blocked off. they're being rerouted around. they'll be returning to homes and businesses, schools, to the sound of helicopters overhead and still sirens occasionally. crime scene tape surrounds this scene where the attack ended yesterday. the home depot truck that was used as a deadly weapon still there. yesterday afternoo

the seventh session of losses for the nikkei 225.nergy, materials leading the drop with kobe steel among the biggest lagers. it was downgraded to neutral. shiseido among the best performers. things to consider in the tokyo session. the yen is holding euro one month high, near uncertainty over u.s. tax reform. the aussie dollar below 76. bonds are climbing before we get october jobs data at the bottom of the hour. the aussie finishing around 76 by the end of the year. before i go, a quick stock check. fairfax media in sydney is thinking this morning. its listing40% of in a domain, macquarie's target $.70. the u.s. fda said tests show increased rates of heart-related deaths. we do have a bit of pressure there this morning. betty: sophie kamaruddin the stocks you need to watch. president trump we saw earlier today presenting his marathon trip in asia, saying the u.s. standing in the world has never been higher. he said he wants new respect from regional leaders about -- after many the drum on security and trade ties. host trump: our for

the nikkei back on the screen here. hang seng up.hat all the of record now, uber has confirmed that it concealed a hack that affected 57 million customers and drivers in 2016. in the wake of the news, uber‘s chief security officer joe sullivan has left the company. as is often the case, it will likely be the cover up that proves more bothersome for uber than the hack itself. companies are required to disclose significant data breaches to regulators, something uber has, by its own admission, failed to do in this case. our north america technology correspondent dave lee has more. the huge breach included names, e—mail addresses, and phone numbers of 57 million people around the world. the information was obtained by two who accessed a server uber we re by two who accessed a server uber were using to stood data. many drivers also had their licences stolen. uber pavey hackers $75,000 to delete the data. but they did not contact anyone whose information was put at risk. it is understood that travis calen it knew about the breach in novemb

since thursday coming down on the nikkei and a turnaround.ralia, you see losses because of the drop in commodities, because of the sale of woodhouse that we reported yesterday. week equities trade in australia. the chinese 10 year, we have been talking about because of the weaker than expected growth out of factory output, out of retail sales and investment in china. that triumvirate concerning investors polly -- piling into bonds in pushing the yield to 4%. we have the pound to watch, a lot of talk about theresa may, whether or not the u.k. is going to be able to deal with the divorce settlement this year, whether her government will be stable enough to hold up the pound. continuing to watch that. bloombergs get the first word news update. >> the chief has tax writer said he is confident the chamber has enough republican votes to pass its tax legislation this week. kevin brady says he does not anticipate major changes. the white house says president trump will speak about taxes at a full conference of house republicans on thursday morning. c

you can see the spike in volatility for the nikkei. surging to april highs. today's swings are looking steady. is question remains, if this a long overdue correction. for now, at least, the risk is spilling over into the rest of asia. firstspi heading for the loss. the index on its best annual performance since 2012, singaporean equities during any most cash. lou chip banks. it leading that rally in singapore, accounting for almost 40%. aussie shares, halting a three-day rise in the aussie dollar. 0.1%, recovering from the drop triggered by the rba trimming its inflation forecast. check out the ringgit. around theng 420 mark. nomura interprets this as a possible signal for a rate hike in malaysia in 2018. a quick word on oil, we are seeing it slightly softer. as the saudi political upheaval counters concerns of rising u.s. output. this would be the longest line of weekly gains since 2016. tech shares, on the radar to . softer than reported income for the third quarter. htc, wider than expected. rishaad: thanks for that. first word news, we will turn it over t

the nikkei is trading around 2%. the nikkei is trading around 23,368 at last look.,368 at last look. that is a 2% climb. lots going on. a very wea k a 2% climb. lots going on. a very weak yen. the yen at its weakest since march versus the us dollar. shares in tokyo at the highest about 35 years. a real rally following a good session on wall street the night before. we have the news briefing coming up soon. we'll take you through the stories making headlines in the global media today, including that visit to asia by president trump. police forces in england and wales are struggling to meet demand due to a surge in the number of calls from members of the public. a survey by the policing watchdog says the service is under significant stress because of budget cuts and the increasing complexity of crimes officers which are dealing with. our home affairs correspondent danny shaw has this report. if you report a crime this is where your call is dealt with. the control room. it is the nerve centre of police operations. there are more than 8 million 999 calls every year, wit

the nikkei, remember, was up more than 20% in two months. it was on a tremendous run vertical seems like it's backing off there. more broadly in asia, it's a mixed picture where you see the hang seng up 2%. shanghai up almost 1%. kospi down half a percent. over in europe take a look there. i think it was also generally mixed market yes, you do see that mostly to the down side. german dax down slightly just about 1/7 of 1% the outlier is the ftse, but that's really getting benefit of a weaker british pound this morning. that's really the reason for the standout move in the u.k. >> let's look at the broader markets. oil, of course, on a big move upward this morning down slightly wti crude off 2% it's up 6% year to date. it looks like we have a similar move with brent and nat gas. as for the dollar this morning, we are seeing as you mentioned the sterling off and the dollar up against the euro, down against the yen just slightly and up against the pound this morning. as for gold, it looks like we're moving .4% last week moving higher this morni

you had the nikkei close higher by white five of 1%.t off the lows of the day in late trade pretty flat and the csi 300 has turned around despite heavy selling and large cap stocks earlier in the session. also have a look at the kospi, falling flat. have a look at stocks that we have been watching in the region. still seeing some significant moves coming through in hong kong. 11%, after ay broker upgrade from morningstar and rhp said the stock had been oversold. the mood that you are seeing in tech stocks in the region, we saw tencent in hong kong under pressure. a tech stop -- a stock listed in tokyo. not just in the u.k. that people are eating ill and recover cough sweets. -- require cough sweets. north korea's leader kim jong-un says his regime has completed the nuclear program after successfully filing -- firing an icbm. they claimed the weapon puts the entire u.s. and range. told reporters "we will take care of the situation tell the u.n. which imposed stricter sanctions on north korea this year will meet to discuss the latest test

we have heard about the nikkei surpassing that 1996 high, closing out the session up by 1.7%.t have a look at the asx 200, a market that has underperformed in asia, closing 6000 points for the first time since january, 2008. very important, because every australian is indirectly invested in that market through their retirement scheme. it's down by .2%, and hong kong's market is listed as up by 1.3% in late trade. gains on theading back of what we are seeing in saudi arabia in the crude oil space. sinopec is headed for its biggest events in 15 months. ,latinum asset is up by 6% with the price tag of $7 million aud. up by aboutel is 8%, being sold out by its parent dealny in a share swap that will create a $9 billion food and beverage company. anna: thank you. juliette saly in singapore. the federal reserve bank of new york president plans to retire in the middle of next week, adding to the number of vacancies at the u.s. central bank. does spoke yesterday at the economic club of new york about the transition. >> i think the financial system can be handled much more stress-free

the nikkei up 8% india up 6, germany up 3%. extent do you think the big market gains around the rest of the world are justified by the economic performance do you worry that's just because those central banks are still facing loose policy and that's just spurring stock market gains as opposed to fundamental gains in the economy >> japan is a more special situation operating on its own set of economic and political dynamics a big sigh of relief over abe's landslide victory there. in the case of europe, you have ma kr macron making huge strides in terms of pro business policies and cutting taxes. that's helping out sentiment on the european side. in the u.s., i think you have very powerfully positive seasonal effects there's obviously some positive sentiment. this is in my opinion a sentiment driven market. not taking anything away from the corporate earnings corporate earnings, we all know, are beating estimates. in the past coupleof months, a lot of the clouds have dissipated two months ago, north korea was making the headlines

bonds are falling. 1%.nikkei 225 rising over 1.922 as we are seeing the dollar firm up.ustry groups are advancing buying auto components, tire makers in particular. on kiwi dollar erasing gains the back of the rbnz's hawkish -- they have also lost ground against the aussie dollar, though it has eased following the lower than forecast home growth for australia. -kiwiat the aussie pair. guidance could spark a longer dread for aussie and qe yields. -- kiwi yields. stoydney, real estate cks gaining over 1%. more red flags being race around the housing market. national home prices are flat in september. wage growth is sluggish. strategistsg the saying the housing boom is over. incould limit the downside other states. we have investors digesting the latest home loan value data. betty: not good there. thank you, sophie. one of thailand's largest property developers has announced an $80 million investment in six rands -- brands. a 35% stake in a hotel chain. says -- theansiri core business being real estate. joining us now is there cfo. you standing at a property and into more l

and the nikkei 225 also higher.s take a look at how we traded here on wall street leading into the asia session. of thepretty much all major groups on the s&p 500 rising today. a lot of optimism about tax reform and we saw the tech sector rebound quite dramatically. su keenan is here with what a big difference today was. su: yesterday, almost every major tech name was down. high from a record the dow jones industrial. the s&p 500 in their -- in its longest monthly streak since 2007. kroger was surprising, a grocery store. a sector under pressure. a big winner on positive results. -- of a word of a day deal in the works. western digital is still reeling from the comments from analysts. the bloomberg world growth forecast. while this is interesting -- world gdp forecast. barclays suggests this is as good as it can get. bullish. predicting the fastest expansion with a sharp upturn. and gradual acceleration is being seen in price pressures instead of a surge. because ittle clunky is not frequently updated but you can se

asian stocks have been rallying the nikkei.ally incredible what's going on with those markets as well? are they following our lead or is there another story playing out there? >> i think a bit of both at the rally in u.s. stocks has felt the a lot of energy to stocks around the world. in particular utah the general rise from the oil price seen across hong kong, japan and australia today. you've also got some asian type giants and stocks across south korea and taiwan that has really been getting energy to their own rally. ugly combination of oil, but also at tech and multiyear highs greatly. lauren: thank you so much. good to see you. cheryl: can we say good day to you? good day. is there a barbie joke we can make do at some point. australia. have you been. yes, twice. lauren: up on my bucket list. maria bartiromo. i don't think she's been to estrella but will find out momentarily. maria: on my bucket list. good morning, everybody. happy tuesday to you. tuesday, november 7th. 6:00 a.m. on the east coast. president trump warning

shares down 164 points on the nikkei. than half of those stocks in overbought territory. dollar-yen seeing a bit of strength. yvonne: a little bit of air taken out of that rally in japan. it is the same over in south korea. underway,ust getting down marginally 1/10th of 1%. the korean yuan weakening just slightly against the u.s. dollar. yvonne: we are still maintaining some momentum in australia. we are still above that 6000 psychological level we broke yesterday, the highest level we have seen since the financial crisis. to -- china trade numbers will be in focus later on. as we look ahead to president trump in beijing later this afternoon. rishaad: we have the former u.s. ambassador to china, a rought ride from the chinese authority. we are talking about what he needs to talk to beijing about, donald trump wrapping up that visit to seoul. we have a former trader minister from south korea joining us as well in an hour and a half. looking at what you need to do to renegotiate free trade. betty: there was no mention of it

-- in a row onh they the nikkei.are 15 times trailing earnings. profit taking of japanese investors, a buying opportunity, do you think? michael: when you talk about the valuation case in japan, certainly investors -- it would be dangerous to say this is the unwind of a bubble. the fact that is being led by japan tells you there is not a valuation case. the one thing we observed in japan is there has been a lot of foreign investor inflows and japan. the international investment community has certainly brought into the opportunity that they are a good value here. a slowinglways seen of inflows, so again, it does not look to us like the underlying fundamentals or sentiment has really changed. we are just seeing a correction in prices right now, and look during the other thing is that valuations are fine, but obviously, the move we saw in prices was very sharp. it is not strange to see downward connections. guy: what about the sector story? this is usually when people are rotating in and out of. this is year-to-date, st

the nikkei 225 is gaining ground come up .25%, but easing gains.t be seeing pressure when it comes to the yen gaining against the dollar, snap%, so the nikkei could a nine week advance while begin builds more momentum. stocks an chinese outlier, but on the hang seng, we are seeing tencent power that rally. shanghai,,es to moutai dragging the most, the liquor maker sliding after media for rapidt the stock gains. h-shares falling in shanghai, brent below $62, down .4%, oil is headed for its first weekly loss since october. the iea there is demand view and record u.s. production pushes oil further away from the hide last week. rishaad: thank you very much indeed. we will have a look at saudi arabia's energy ministers saying opec and their allies should announce an extension of ou output curbs when they meet at the end of this month. the november 30 meeting will be an important milestone to announce the way forward. my preference is to give clarity to the market and announce on november 30 what we will do. i remain respectful of the views of my colleag

yen is slightly higher the nikkei down a bit.g kong shanghai showing nice gains. european trade for you, down a percent week to date, down today. oil prices which have had a great week, up about 2%, most of that gain coming on monday when we saw that saudi arabian royal family development today not doing much, but still near the $57 a barrel level, just below it. 56.8 dollar board for you, yields have slipped here but the dollar has not fallen this week because yields slipped around the rest of the world dollar slippingagainst the yen 0.3% slightly higher against the pound. president trump continues his trip through asia today. these are live pictures from china. president trump is attending a reception state dinner and cultural performance at the great hall of the people earlier today the president addressed a group of business leaders and called out china for taking advantage of the united states >> both the united states and china will have a more prosperous future if we can achieve a level, economic playing field. right now u

in the meantime, speaking about a month, we've seen monthly gains in the nikkei to 25, lots of peoplen japanese stocks. what you say? miss out, if iot were you. japanese stocks are strictly cheap, they have some of the best growth rates anywhere and the early forecasts have some of the best upgrade rates anywhere. we are at 49 times earnings. you have to member, the bond japan, 3.2% zero in in the u.s. versus over 6% in the u.s.. at heck of a difference between the two. the important thing is you buy japan, global trade is doing very nicely. i would not miss out on that, if i were you. thought foreigners would come back to the buy side. yvonne: even with the rebound, it seems like what was on friday, is it time to perhaps adopt more barbell strategy even that volatility is coming back into the market and perhaps get a little more defensive? nick: i don't to the point of going defensive when foreigners market thatght in a is on fire at the moment. pmi -- you would be nuts to be going to defensive. yvonne: all right. thank you. cl is a japan equity strategist. you can follow all of toda

japanese shares ended the day in the red on thursday after dramatic intraday swings took the nikkei and highs — with the nikkei breaking the 23,000 level for the first time since january 1992, as financial and securities shares rallied — only to later plunge in the afternoon on profit taking. those swings on equities lead to the the dollar slipping against the yen — investors appetite for risk clearly taking a bit of a dampening. meanwhile here in europe stocks have opened slightly down. and we have the details about what's ahead on wall street today. to media giants will be reporting earnings on birthday. first up walt disney. their theme park will be a big driver of growth for the company. but, in the movie department, disney hasn't had any real blockbusters. so that's going to be looked at as a negative. next up to be looked at as a negative. next up the rupert murdoch owned newscorp. analysts are expecting some growth in revenue. but an ongoing decline in demand for print —based advertising is affecting the company's biggest —based advertising is affecting the compa ny‘s biggest sou

nikkei. then i got a three day or. a low had a number. at the. going to be sort of. have. gotten here. how would. the. market. loves frozen in the pacific and then i have. got to. see over there were only. supposed. to work. in the. i mean the. movie that when you go. oh. shoot if you. see him out of there i. use a but i make it look easy to see him to sign. the. human you know what i'm very. relieved and under what i. have been and then want is. to secure the image of the. world that i must say that i'm nobody and. i'm not. a way to go. into the league. at it and it's hard for me because norman you know as. well. as a. lot of. with. the not of police any of them it is a. very good. loss of be there. when i said that. you're one of the. unless. you can match. and. this is. the way. a man i love a new ally sheedy. the best well change. i am out of makeup. because i. have. medication so what i'm saying. they get at the. from a what if. you know what i mean here. if i. just went about. what i meant. that it had to go. for the. other would not all of them and it's going to. ge

nikkei 225 is gaining. we have seen some losses.e are seeing a technical breakdown for the nikkei 225 of this two-month uptrend that we have been seeing for the benchmark. this could see a follow through to a downside. a quick check on to equity movers. we have the likes of toshiba rising the most since september on a report that it is in settlement talks with western digital. that is falling despite listing ebarard-quarter profit area -- profit. ebara is at a 15 year high. you the slide in the stock this morning. under pressure as the outlook looks dim. rishaad: looking forward to all of this at the bottom of the hour as well. china, the authorities that grappled with the nations various debts. ramy.word news with ramy: it is increasingly showing signs of success. $156gate financing was billion in october. that is the midst estimates. billion -- one $.8 $1.8 billion. the country's lead of brexit negotiator is said to put a december deal at 50-50. two of them told bloomberg that was the figure he put on a breakthrough when directly

hour and a visit at the number nikkei. then i got a three day or. a whole funnymen of them or give them a low have a number. at the get to the. going to be sort of one or always or have. i got them here. a has a will have had a. marker. you need to get the know how. to get to. my. feet. and. i mean. that when you get. out of time i. use a but i make it. seem to some. undefined . way to go. at it and it's hard for me because norman has. well look. there's a lot of money. with the mental health had to come to it be it a university that michael gordon. has another family for me if somebody has a where's the base of i am and if they get. lost of be the. prevalence of the. when is it that. you're one of the. you. know. and then you learn you know with the money to live unless. you can much. and. this is. who woman is. no money men it is commonly. seen as somebody. here and when i. look. at the way. thank you then a man i love a new ally sheedy. to the best well jane. i am out of a pickup. because i. have . medication so what i'll give us what i'm saying.

sophie: glaring red for the nikkei 225, a fourth day of losses.se third-quarter gdp do this week. investors need some new reasons buy this could. be a correction in the near term. korean stocks losing ground. cosmetic companies and duty-free operators like hotel s hilla are climbing. the hang seng is trading at a decade high. in china, consumer shares leading gains for shanghai, the large-cap index up .4 percent on this singles' day smash. this could further reinforce optimism around china's new growth stocks. check out 7189. goldman sachs created a china oriented version of the nifty 50, made up of large-caps towards consumer and tech-led growth. 80%, thehas gained line in white. gains of 11% for the shanghai benchmark. david: thank you so much for the up date. let's get you caught up on first word news. south korea says global pressure on the north seems to be having an effect with a note missile launches or provocative behavior for almost two months. fears kim jong-un would test a weapon during president trump's visit to asia turned out to be u

the nikkei 225 is set for a third day of losses. utilities are falling over 2%. the only sliver of green. taking a look at some movers in falling, losing as much as 8% on reports it is planning to raise 600 billion yen in capital. tire makers are continuing to slide. bridgestone falling over 6% after cutting their profit forecast. falling the most since may. the company made a loss last year, but it is set to return this year. the company does anticipate metal prices to fall in the second half from current models. -- from current levels. betty: thank you so much. so many decliners we are seeing in the early going. ander than thanksgiving could beay, alibaba's generating a record $24 billion in sales. , it seems like these numbers -- when the numbers can't get bigger, they get bigger. what is the twist on singles' day? tom: the annual homage to the consumer gods. this is a global event. it is bigger than cyber monday and black friday. it is a huge event. single day largest focused on online shopping. sales willstimating come in at about 24 billion u.s. dollars. tw

there's a mixed asian trade, but the nikkei has had three drops with the hang seng gaining.llar index is gaining against most major trading partners and then you downitcoin, down 4% now, 1/3 from its high last week. still a relatively high number for bitcoin, 6297. german bund futures right now looking to push the yields down. go ahead and take a look there. if bund futures are up, that means investors will buy, which will push the yield down. the range has been so tight, hanging around 0.4%. anna: patrick harker has become the latest u.s. policymaker to announce a rate hike before the end of the year. in tokyo, he said a move in 2017 is likely penciled in and that inflation is expected to assert itself due to the tight labor market. we are joined for exclusive interview by patrick harker. you talked about likely penciling in a move in december. how weak with the inflation data need to be this week to decide that no rate hike is appropriate? patrick: good morning, anna. thanks for having me on the show. headline inflation, i don't think we will see a large move between now a

nikkei 225 with the best close since 1992. president trump heading for s eoul. up, apple'scoming sixth straight revenue decline. is this the future? this is bloomberg markets asia. you do have a mostly positive session across asia. levels at what high since 1992. we are looking at australia, 6000 points. take a look at what is on the agenda. presidents between she jinping and president trump. trade continuing to dominate the agenda. ux of whate cr president trump has been getting at. taking a look at how much it is for china, $350 billion. is, you have seen how it has not worked, president trump talking about how the trade deficit is unacceptable, horrible, unfair. will he get a similar reception when he gets to beijing? trade in manufactured goods is what we are talking about here. if you broaden the definition of trade, it is a different story altogether. the deficit has been quite drastically reduced. it is semantics and what you want to focus on. >> any anxiety investors might have had have been cast aside. take a look at what is going on, the yen and gold o

the nikkei closing lower by .8%.f a turnaround in chinese stocks as we heard the news on the relaxation of the foreign ownership cap. if we have a look at stocks we are watching, we are focused on the hong kong insurance banking players. this news filtered late in asian trading. bridgestone in japan, one of the worst performance in the region after it missed estimates and lowered its full-year outlook. 3.4% lower.ng by a price of 4.49 aussie. e stillhe ipo of bakkavor on and it will sell shares at 180 pence a share. manus: coming up, could brexit be delayed? eu ideas being floated by officials. at 9:30 this morning, we speak with nicolas petrovic, the euro star ceo. this is bloomberg. ♪ ♪ this is bloomberg daybreak, europe. in berlin, it is 8:19 in the morning. euro versus dollar pretty unmoved from the previous closed. . we are getting numbers from the state bank of india, a bit of a mess. -- if you wantme to track the results, though on your bloomberg on your mobile. falling as much as 1.3%. the estimate was for 26

out the nikkei 225, gaining 1.2%. tech shares are soaring in tokyo.pmakers in particular are having a good start to november. tokyo electron climbing the most in six months. now trading at a fresh all-time high. tokyo electron is the biggest contributor to the nikkei's gains today, representing a third of that advance. sony chomping almost 10%, a decade high after its blowout quarter marking a turnaround. wtrlast look at the function on the terminal. the kiwi is the only g10 bright spot after the jobless rate fell to an eight year low in new zealand, but the yen is losing ground, keeping range bound. 114 still hard to break as we wait for clues regarding the rate policy. it is unlikely there will be a surprise there, so not much market anticipated -- market impact anticipated. let's turn to events in lower manhattan overnight. it has been labeled a terrorist attack. >> u.s. president donald trump has condemned the killing of at least eight people in a truck crash in new york. the incident happened near the world trade center memorial where a man in a

unless there is a significant plunge in the nikkei. ahead of u.s.ear treasury yields are at 2008 highs. a bright the kospi, spot in asia, halting a two date rock. more on that later. i want to show you some earnings movers. the first of big japanese banks to report, facing tough cost management pressures. couple must 2% after better than forecast results for ntt. softbank slightly weaker after that uber deal. we are keeping and i on fast fastling -- eye on retailing. yonhap reports that chinese sales rose 10% to 30%. reported a 30% boost this month on the chinese language shopping site hotel shilla. >> thank you. the sales of single day. still ahead, we speak to the talkf a pension fund and about the funds asian investment plans. >> we will talk about china's historic moves. this is bloomberg. ♪ ♪ >> this is "bloomberg markets: middle east." -- this is "daybreak asia"." >> christine lagarde has praised china's plans, describing it as a positive development. tom mackenzie in beijing joins us for more. is this something the imf has been pushing for? a

the continued rally coming through in the nikkei up by 1.7%.ove coming through on the weakness in the yen and also , electronic companies lifting the nikkei to 21 your highs. the big boost in samsung helping the cost be hold at record highs there as well. when you switch it out and have a look at the movers in the region, we mention sony. a fresh record high after it came through with some strong results and also lifted its dividend. a little weakness coming through in some of the hong kong development stocks but hong kong -- hong kong casino stocks rallying. we're live from london at the top of the outer on bloomberg daybreak television with "bloomberg daybreak: europe." this is bloomberg. emily: welcome back, i'm emily chang. or continuing our coverage on capitol hill regarding alleged russian meddling in the 2016 u.s. presidential election. senator lindsey graham minced no words about how in rent the topic is. >> we have to be on guard as a nation is having people who want to undermine her way of life againstese platforms us, and i think thi

yeah apparently there are a lot of issues on the suffering side in terms of governance and nikkei the world's largest financial newspaper earlier part of the point of contention was overdoses hanekom through a quest to have control over the combined company and south bank holds out as a result of no longer believing that their voice would be heard well in the combined company and on the team all outside people have been skeptical in terms of what the price would ultimately be despite the fact that both sides originally had identified a fairly tight range for the price and now forces on both sides are indicating that they do continue to negotiate right now while there has been and seems to be an expectation that if they can reach a deal on price this week the two thirds to abandon the talks. so fishman on wall street that the grocery store on the outskirts of london is giving customers the finger that is giving them the option of using finger scanning technology to pay for their shopping but not everyone is ready to leave their cash and credit cards at home. just pop your finger on to

japanese docs dropping, the nikkei 225 on a second weekly slide.t could resume gains after losing 2% last week. jasdaq index for a gain of almost the are .3%. the dollar takes up ever so slightly against g10 peers. mitsubishi materials sliding in 2015, the most since may after they falsify data on parts delivered to 250 customers. the company is to hold a briefing today. buy axalta. to the kospi resuming gains, while the won fell under pressure. taking a last look at what is moving for them kospi when it comes to contributions index points. you have a samsung leading gains. -- gaining almost 5%, after being upgraded. lg household the biggest drag on the kospi, after cut to neutral. cosmetic players under pressure following the jump we saw in that space thursday. one rose as much as 14% thursday. just skin gains were deep. thank you for that market update. let's take a look at the picture in asia pacific. they face important decisions over the next few weeks, whether it is change or reappointing central bank chiefs. if it is change, does it mean a c

goldman boosted its target for them topix and nikkei.gives further support for the japanese stock market. it has been a wild ride for bitcoin. news of another digital suffering ather, fast. you can see this on g #btv 6021. bitcoin did hit a fresh eye before returning to negative territory. the hedge fund manager is calling for 10,000 by year end for bitcoin. thank you, sophie kamaruddin at the movers, including bitcoin. we are getting headlines from the japan had cabinet secretary, hirohito.bout emperor december 1, the date of the emperor's abdication. lots of speculation from local press about when this might happen. at the end of april, 2019, according to some reports. december 1 is when the meeting is planned to discuss the actual date. you are seeing the dollar continuing to fall against the yen strengthening on the japanese currency. we will continue to monitor how these headlines might affect the yen and japan markets. back on the fed, janet yellen gets ready to hand the reins of power to the federal reserve. her message one of cau

the nikkei 225 is gaining 14%. the hung sang is up 225 is gaining 14%. 14%. the hung sang is up bya 225 is gaining 14%. the hung sang is up by a fraction. the chancellor of the exchequer philip hammond will deliver his budget on wednesday — and one of the main challenges he's set himself is to boost britain's productivity. simonjack reports. the first industrial revolution saw the amount businesses could produce rocket, using machines that did the work of thousands. it was a leap in productivity that in recent years has slowed to a crawl, and that matters. if you can increase productivity, you can pay workers more, they feel better off, and crucially they pay more tax. otherwise none of those good things happen which is why the biggest challenge for the chancellor this week is to persuade businesses to invest in the machines and the skills of the future. in order to improve it, the government outlined plans today to spend £2.3 billion on research and development, with a further £1.7 billion to improve links between cities, hoping improved connectivity wi

cheryl: japan's nikkei edge and lower. shanghai composite up slightly. and then there is this. >> i wanted to write this book to tell my story and the american people to see what happened. lauren: the former dnc chair donna brazile talking about disarray in the democratic party. all of those highlights for you. "fbn:am" starts right now. ♪ train to a 5:01 a.m. here in new york. thursday, november 9th. and cheryl casone. lauren: i'm lauren simonetti. that is a good interview. drink you will be playing some bias. tucker carlson, donna brazile. we will be playing this invites. he's making a joint statement with vice president xi jinping. they've announced agreements on north korea and then trade. american and chinese firms signed commercial deals on $9 billion for the companies include boeing, ge and qualcomm. >> we agreed not to replicate failed approaches of the past. we agreed on the need to fully implement all u.n. security council resolutions and to increase economic pressure until north korea abandons its reckless and dangerous paths. today i discusse

the nikkei is higher despite the strong yet which is bad news for exporters., we told you about walmart shares being up told you about walmart shares being up by told you about walmart shares being up by 11%. tech shares did quite well. they are driving wall street high. investors have been monitoring the tax bill as well. that is it for this edition of asia business report. sport today is coming up next. and people watching. —— thank you for watching. the top stories this hour: the president of zimbabwe, robert mugabe, remains under house arrest, but holds talks with a military general and south african mediators. and the un secretary general has told the bbc he considers myanmar‘s range of minority to be the most is committed against people on earth. —— rohingya. police investigating the disappearance of a teenager from dorset, gaia pope, have arrested a 49—year—old man on suspicion of murder. 0ur correspondent duncan kennedy reports. it was on the cliffs above swanage that the woman's clothes were found. officers were called and spent hours searching the fi

the popularity off switch console pushed the japanese videogame giants to the highest level on the nikkei exchange in nine years the switch which was released earlier this year. this holiday season. discounting the console for black friday and that which is today. is now up ninety five percent this year. and that's it from me and the business team i have an update for you in the next stall feel that. they've been called. on they've been called the ultimate digital pioneers. they've been called the total work of art. what's the secret of their success. in the most news in the special edition of the exploit tropics what needs to. be viewed. with the senses. recognize. index. inexpressible. the cultural magazine. in sixty minutes. my first vice i was a sewing machine. where i come from women are bound by the social codes something as simple as learning how to ride a bicycle isn't. since i was a little girl i wanted to have loved by cycle of my home and it took me as them and . finally they gave up and went on buying me and my cycles but returned because sewing machine sewing i suppose was mo

nikkei up as well — carmakers toyota and subaru. dowjones up a third of a percent.partment ofjustice will sue to block a proposed 85 billion dollar takeover of time warner by at&t. time warner is the parent company of the cable news network cnn, which has been the target of continual criticism by president donald trump. regulatory concerns around the deal have ramped up in recent months and now the usjustice department is filing a lawsuit to block the merger, saying it violates rules governing fair competition. samira hussain reports from new york. this is a deal that has always made sense for the two companies. at&t is one of america's leaving more —— telecom operators. owning the news and entertainment properties of time warner would give it a big competitive advantage. based on president, like com cast‘s takeover of nbc which went through in 2010, this at&t merge and looked like it would be accepted by regulators. as $0011 would be accepted by regulators. as 50011 as would be accepted by regulators. as soon as it was announced in 2016, then presidential candidate

we saw in the areal equity space, we seeing that recovery in asian stocks and sentiment today. , 1%nikkei25 climbing higher because of the weaker yen, also putting aside concerns about u.s. tax reform. we also have the hang seng, 1.25% up, some big players, tencent higher. te.ck out z it is lifting higher, 9.25% higher, and one of the reasons could be massive money coming through stock connect changing large caps in hong kong. tracy, what is happening in your neck of the woods? tracy: it is nice to see green it?hat board, isn't some assets that mean a lot for this region, the u.s. dollar sliding a little bit. it rebounded yesterday alongside u.s. stocks, but that did mean we saw gold fall. gold posted its biggest drop in two months yesterday. it is rebounding this morning. look at the brent crude price, up $.13, 14 since her barrel. we are waiting for u.s. stockpile data that is expected to show another reduction in inventories of crude, and meanwhile look at that dubai index. that is one area where we have not seen the relief rally feet in just yet. yesterday,i falling being dragged down

the nikkei in japan down slightly.begin to quarter of 1%. >> wal-mart and amazon and guess what you are the big winner. "fbn:am" begins right now. ♪ lauren: it is 531 on the dot. good morning, everybody thanks for joining us today lauren simonetti. cheryl: good morning. i'm lauren simonetti.cheryl casone. fighting for the consumer dollar. cheryl: was cheaper? wal-mart.com or amazon.com. i've always wondered that. cheryl: there's a lot happening today. president trump is set to meet with republican senators later today ahead of a senate vote on their version of the tax bill. yesterday met with key members of the senate finance committee. >> it will be the biggest tax reduction in the history of our country. it will bring jobs, a lot of them come into the country buying product, et cetera and i think it's going very well. >> the president meeting last night, thank you, ran after rand paul said he would support the bill. >> senator bob corker expressed concerns over the higher spending levels in the bill says he's been wo

that report on the japanese gdp not really helping the nikkei 225.hie: not at all, and not really budging the dollar-yen either. as you pointed out, the nikkei 225 is not being helped along by that data we got out of japan, sliding 4/10 of a percent. asianosses, looks like stocks may be set to wipe out the months advance sp month -- the month's advance. metals continuing to drop, rubber also joining that downturn in shanghai. bonds closelynese watched today after the 10 year yield reached 4% for the first time in three years. now retreating from that level ever so slightly, it is expected to pick up at china's seven-year auction today. in the currency you see that glaring red for the aussie dollar sliding .5%. this shows you the currency has fallen to the lowest level since july after wage growth was slower than expected, adding to a series of disappointing data. now a check on some potential equity numbers today. apple suppliers in taiwan report the tech giant is developing a rear facing 3-d center -- 3-d sensor for 2019. has struggled to crank out

drink your tea heads to south korea next taking a look at the nikkei in japan edging slightly higher paid the cost and south korea slightly lower. cheryl: sold out. customers turning out over the weekend to buy out apple's most expensive items. the iphone 10 gone in 20 large cities. "fbn:am" starts right now. lauren: monday morning. 5:01 a.m. in new york. good morning and lauren simonetti. cheryl: good morning. i'm cheryl casone. busy morning, especially if you work in an apple store. lauren: you've got your iphone 10 so good for you. president trump offering his condolences following the deadliest smashing in texas history. a gunman walked into the first baptist church the first baptist church just outside of san antonio yesterday and opening fire, killing 26 people and wounding 20 others. here's a president trump traveling in asia had to say to the dems. >> i think that mental health is the problem here based on preliminary report. very deranged individual, a lot of problems over a long period of time. cheryl: the shooter has been identified as 26 road doesn't tally. he was court-m