nikkei had a weaker session overnight.seeing that dollar/yen a pointing to further yen strength cable hanging in around 1.42 we did just have the weaker manufacturing data dollar swiss around 0.9588 in the u.s. we had a strong rebound session in yesterday's trading, led by the tech complex. today it looks like the picture will be different. dow is seen opening up about 120 pointslower. s&p opening up about 20 points lower. in line with what we've seen in asian time and european session. u.s. markets looking to open softer all eyes in the u.s. will be on that yshg cpi number. it's expected to go up 2.4%. a stronger number than that could spook the market let's look at the energy complex. we did see somewhat of a bid for energy and oilemerge in the session yesterday. this after rising geopolitical tension. the u.n. security council could not agree on a unified response to suspected chemical attack in syria during a meeting yesterday. washington and moscow failed to pass resolutions aimed at investigating saturday's incident

nikkei futures trading out of chicago, up by 1% and the aussie dollar at $.70 against the u.s. dollar. commodities,ook at big day for oil, climate by 2%. gold is higher as well, copper up as well into later today we are looking at the us trillion

chicago nikkei futures well and truly off by 235 points.es, we were down as much as 250. nikkei 225 that last quote 1.5%. dollar-yen holding onto that 107 handle. not much of a market for hong kong to come back. we were looking at them playing catch-up. they may not even get a chance now. betty: no, not at all. let's look at how equity futures in the u.s. are trading. dow futures plummeting to their lows of the session, down 1.7%. s&p futures more liquid, down 1.4%. nasdaq futures down by about that much, just reacting to these fresh headlines from the white house, ratcheting up tensions with china. you can turn to your bloomberg for more on president trump's additional tariffs proposals. --to fears to the trade war one side because march payroll numbers will be out tomorrow and bond traders around the world are poised to respond. kathleen hays here with a preview. kathleen, do you think those numbers will be important for the markets, given the headlines? >> i guess we will see how they react tomorrow. president trump has been sticking to

abigail: actually, we have the dax and nikkei. day: the nikkei closed the down.et change was down today. if you look at what the market did on opening and close basis, it was up to we look at the world as a global relay race. we are the european markets, and the u.s. markets. the pacific rim markets were telling us the s&p wanted to go higher. there was no confirmation in europe with that. the s&p tested lower. there was no confirmation. the s&p rallied back above its open. without performing the energy product -- it brought crude oil. that is the reason why we have seen the chop and it bounced over 1% off today's lows. abigail: great insight. i can't wait for you to join us again. eric dugan, great to have you here. lonnie, back to you. vonnie: thank you. shares were already down 21% so far in the year before today. news that the federal trade commission was suing the company for allegedly deceiving customers over hidden fees and charging borrowers even when they paid off their loans, sank the company shares as much as 10%. they are coming back a little bit. rig

in japan, tokyo electron, the biggest boost to the nikkei 225, leading to arise in electronics. tech is weighing on the hunt saying -- on the hang seng. suny may also be under pressure given its sales exposure to huawei, which is being investigated for possible violations of iran sanctions. their dollar bonds have fallen to a record low. on the mainland, despite positive catalysts such as tax cuts and easing capital outflows , chinese stocks are losing ground, the large-cap gauge off by 1%. malaysian stocks snapping a four-day drop while the ringgit continues to weaken. checking in on the bond space, malaysian paper catching a bit with the 10 year yield, adding about two basis points after the recent correction. sticking to its year-end forecast for 4.2%. the rout in asian bonds is deepening after the worst selloff in seven months, adding more pressure on the central bank, which has been attempting to prop up forex and bond markets. this could be a sign of things to come in asia. we are keeping a close eye on chinese bonds, given the yield premium over treasury is disappearing a

the nikkei closing on friday. we have the yen weaker today.ut could potentially fade into positivity when it comes to equity sentiment. strengthening so far this morning we are seeing. incrementally for the young. let's get the first word news. haslinda amin in sycamore -- in singapore. haslinda: jerome powell says the outlook for inflation and jobs supports the plane for gradual rate hikes while they like of rising wage gains shows the labor market is not tight. in his first speech since becoming chairman, he said policy makers still aiming for 2% inflation and will maintain the current strategy of slow but consistent hikes. it remains the case that raising rates too slowly would make it necessary for monetary policy to tighten down the road. which could jeopardize the expansion. too quicklyrates when increasing risk that inflation would remain persistently below are 2% objective. and our passive gradual rate increases balance these two risks. haslinda: the united states says not. is willing to talk about nuclear weapons when president says k

the nikkei was up by 1.5%.p 1.2%. >> european markets are rallying, all gaining at least 1.2%. connell: president terms of recent attacks on amazon have driven down the stock. can amazon overcome the trumpet tweaked firestorm and while the white house actually take action? "fbn:am" continues right now. lauren: 5:30 in the morning. i am lauren simonetti. connell: that is it. i guess that's what they call it. made me think there for a second, which is not a good thing this time at the warning. i am connell mcshane and for cheryl who is off today. president trump has made no secret of his disdain for the special deal passed in congress last month. reports say he's considering using a rarely used 44-year-old law to trim brilliance of dollars. a backlash in the party conservative base, certainly for us in the to at least consider this tool which is allowing the president to put a 45 day hold on the budget and ask congress to remove some items. the last time it happened, it has happened before, was under president cl

and china eased somewhat >> the nikkei index finished 1.5% higher thursday following a rebound in the. market investors fears of tensions escalating between the u.s. and china eased after u.s. officials signaled they were open to negotiations and not seeking a trade war. the yen weakening against the dollar around 107 yen, the lowest in three weeks was also a welcomed buying cue. china announced wednesday it would retaliate against tariffs on chinese goods by slapping penalties on u.s. products including soybeans, beef, autos and airplane the soybean market fell as much as 5% at one point before settling to a 2% drop. the news helped soy saucemaker kikkoman which rose 3% on hopes of lower import costs. the announcements worried that u.s. soybean could be affected and that's all from the nikkei, back to you. >> thank you very much for that. speaking of soybean, u.s. s soybean futures recovered after china hit the u.s. with a 25% tariff on soybean. >> the chinese looked at where could they have an impact with many people who may have the ear of president trump or at least may have some

nikkei up 3/10 of 1%. kospi following along a 10th of 1%.acy. that is being reflected on the constitute. how we are set up for asia futures are in singapore. looks and kuala lumpur positive. quite marginal, unchanged. i want to talk about earnings provision. we have been talking about this for some time. 8697. this could be a signal of market upsets in the second quarter. we talked about the pace of that warnings -- earnings upgrades of lastt up at the end year. we saw signs that that was stalling now. techoncern on trade, the hawkishness. given the volatility we saw on the fourth quarter, and how much valuation has been sheep, it seems that asia stocks are looking a little bit more cheap for investors that want to dip their toes back into the market. perhaps we will see more bounceback or market upsides here as we look ahead to the second quarter. betty: we heard a guest talking about the financials and the cyclical shares are looking more attractive. this market hinges on where tech goes, as we saw last week in the selloff. this coming mon

nikkei 225, i will show you why in a moment. there is a reason on the nikkei 225.you're looking at the volumes across the asia-pacific. on the japanese and korean benchmark, currencies is a bit of a stretch, but i am going to say you're getting a slight bit here on resource related currencies. you could see the aussie dollar attempt of 1%. malaysian ringgit, the other side of the equation, have a look at the kiwi dollar. mentioned, fast retailing. have a look at how this divvies up across the third groups -- groups.ectored 1.5%. i will get into this. we are down 2% on the benchmark. no specific reason so far. perhaps it is just money being taken off the table. the other thing i want to mention, i alluded to this. you have volumes at the bottom, you have your moving averages at the top. let me go in on this bit here. we are losing momentum. getting a lot of volume coming true. it takes you all the way back to march. let's take this all the way back every of last year. we are way below that. what would it take is anyone's guess. volumeslso approaching on the lighter

futures indicating a drop for the nikkei 225. that has come to pass.second day as sentiment is weakening. backe welcoming australia to the fray of all the shares -- aussie shares. something for aussie investors, we have the manufacturing gauge jumping to a record high, reflecting low interest rates and stronger global demand. is losing close to 1%. you do have energy and health care, the biggest drags. i.t. shares falling. chipmakers will be the section to watch, under pressure among reports that apple plans to use its own ships as early as 2020. investors have the latest inflation data to consider. kia andching carmakers hyundai. watching group shares. will investors be able to look through the unit, posting profit that think to record low level, given china's latest signals of wanting to reconcile? a series of blunders with elon musk. we do have getting -- panasonic derives about 1.5% of its revenue from tesla. productions three face more hiccups, that could weigh on new orders. improved to $10.3 billion for the energy producer. that is something to

the nikkei opened, down 1.596 morning.ned a little bit so 1.5% and it has gained a little bit so far. this is all coming after a heavily —— heavy sell—off of stocks on wall street and is escalating trade war that seems to be brewing between the us and china. in australia, they are finishing a four—day holiday due to the easter break and so far this morning, it has been about 0.5% down. the hang seng has also been on a holiday for four days. we will see how they perform a bit later this morning. over to south korea, they are also seeing declines, about era .8%. it is all coming from overnight on wall street. particularly amazon, facebook, intel, these are ones that are particularly strong usually. we will keep a nigh on what happens on the mainland, china and hong kong, later. —— keeping an eye. several thousand palestinians remained in tented encampments along gaza's border with israel on monday. they have been continuing their protests after at least 16 demonstrators were killed by israeli troops last week. the family of

the nikkei across the board, all catching. the nikkei up the tents of 1%.r than expected. that's it for daybreak asia. our markets coverage continues next. stand by for "bloomberg markets." this is bloomberg. ♪ ♪ david: are there many who said, i want to be the leading cellist in the world? yo-yo: so in music there is no such thing as this is the greatest anything, because it is about learning forever. david: what about where you play? yo-yo: you don't have to be there. i don't have to be there. so if we are going to spend time together, let's make it count. >> would you fix your tie, please? david: well, people wouldn't recognize me if my tie was fixed, but ok. just leave it this way. alright. ♪ david: i don't consider myself a journalist. and nobody else would consider myself a journalist.

the nikkei had a festive day, as did the other asian averages.r that is i think people are looking forward to the trump-abe meeting last week. keep an eye on wti, living up to the $70 level. the msci, up .8%. the wti at this point in time i s mixed. europe is fairly bid. it looks like we willfully outperformance from the -- it looks like we will see outperformance from the dax. let's see what the numbers look like. the cah -- the catch is open. as expected, drifting a little bit higher this morning. an easy morning to get this market going. don't a lot of stock action tod ay. keep an eye on loreal. the cac quarante opening up now. the ibex up by 0.2%. yesterday was very much like this as well. stocks not driving in a clear direction at the get go of trade. as anticipated, the dax is trading a little higher than most, up by 0.3%. financials, generally a bid. jpmorgan and citi reports numbers later on today. we will get jpmorgan at 11:45 healtlondon time. industrials are softer, though,. keep an eye on rolls royce. how will investors trade the volk

the nikkei up by 27 and the all wards gaining 28. territory, the dow gaining 1% and that nasdaq 50 points. sport today is coming up next. sport today is coming up next. the top stories this hour. syrian state media says anti—aircraft guns have been fired in response to a missile attack on an airbase near the city of homs. in an exclusive interview with the bbc, russia's foreign minister has said relations with the west are worse than during the cold war. sir cliff richard has returned to court, for the third day of his legal battle against the bbc — over its coverage of a police raid on one of his homes - in 2014. the singer claims that footage of the raid carried out following an allegation of sexual assault was a ‘very serious invasion' of his privacy. he is suing the bbc in the high court for ‘substantial damages', but the bbc disputes his claims. sir cliff richard was never arrested or charged — as our special correspondent lucy manning reports. sir cliff richard has already received damages, £400,000, but from south yorkshire po

extending the global sell—off following steep declines on wall street on monday and initially we saw the nikkei.5%, the hong kong hang seng, australian stocks falling to a lesser degree, they have pared back some of the steep losses and they are recovering somewhat. we know that the wall street at one was triggered in part by fears of a trade war between the world's two largest economies, china and the us, but there was a tech sell—off driven like the bands it promotes, today spotify is warming up for its market debut. it has changed the way we experience music. do you ever look to see which songs are getting the most play? definitely, we see what the top tracks are that might play into my decision—making as far as what songs to play live. spotify now has over 150 million users around the. over the past ten years, spotify has changed the face of the music industry. so, what is a direct listing? essentially a way to sell shares directly to the public. that means spotify will pay less fees to the bankers who usually do the paperwork. and there is something else. normally in an ipo management and

it is flat, the nikkei and the all 0rdinaries basically not moving from last friday‘s close.r time with us. i am ricon hizon. sport is up with us. i am ricon hizon. sport is up next. the top stories this hour: more fallout after the air strikes on syria, as the us threatens new sanctions against russia over its support for president assad. hundreds of firefighters in australia are battling a huge bushfire burning out of control near sydney. the founder and chief executive of the world‘s largest advertising group, wpp, sir martin sorrell, has resigned less than a fortnight after it announced he was being investigated for misconduct. he denies any wrongdoing. our business editor simonjack explains. advertisers want you to remember the products they‘re selling, not the name of the company that made the ads. many of the biggest ad agencies, marketing companies and pr firms in the world are owned by an even bigger one. it is called wpp, and was founded and run since 1985 by this man, sir martin sorrell. he gobbled up dozens of businesses, creating a £15 billion global giant with e

the nikkei 225, we have tech and consumer shares leading the charge. move could be lifting. talks were going on behind closed doors. this happened right about here yesterday afternoon. prices come aussie off of steam earlier this week. a check in on sony shares after the company revealed it sold 17.2 percent of the state can spotify. ¥125ting to book a gain of billion in the first quarter. later,g for reaction given it has a 9.1% stake in the company. betty: issuing a list of chinese products facing $50 billion in new tariffs. >> china has said it strongly opposes the measure that they go against the values of the wto and that china will reciprocate. they said that china would take measures an equal strength and size. the rhetoric is pretty strong from china. the fuel on the fire, they want to have dialogue but equally they have said that they are prepared to reciprocate to protect their own interest. $3 billion worth on monday in retaliation for washington's decision to impose tariffs on steal and of human them imports from china. or whether they will

markets are now open for trade, and we are seeing some positive moves among the investors, with the nikkei25 gaining about 0.5%, that is 120 points. the all 0rdinaries index in australia is also open for trading, and that indexis also open for trading, and that index is up by about 17 points to 5992. this is after wall street stocks edged lower overnight as rising us treasury bond yields revived worries the central bank would accelerate its pace of interest rate hikes. the dow is down by 11415, interest rate hikes. the dow is down by 14.25, and the nasdaq in negative territory by 17.5. thank you for investing your time with us. have a great tuesday, everyone. i will see you in the next hour. the life and legacy of the murdered black teenager stephen lawrence will be commemorated every year on 22 april, the anniversary of his death. the prime minister said the day will be known in future as stephen lawrence day. a special church service has been held to celebrate his life. he was 18 when he was attacked by a gang in south—east london in 1993. nicholas witchell reports. few crimes in recent

the nikkei down a 10th of a percent of the hang seng up a quarter of a percent.or european markets were closed yesterday for the easter holiday. the dax in germany selling the most feared to the tune of 1.3%. cheryl: back at home, villanova wildcats are national champions once again. >> what a great team we witnessed in this tournament. cheryl: topsy villanova crushed michigan. the wildcats second title in three seasons. jared maxwell have all the highlights for us. "fbn:am" continues right now. transport is 5:30 a.m. in new york on tuesday, april 3rd. m. lauren simonetti. cheryl: good morning. i'm cheryl casone. my neck hurts a little bit from yesterday's interaction. lauren: 750 points for the dow closed down 450 airplanes. either way that's a big screen. cheryl: president trump moving to something else. the way this goes. ripping mexican leaders over weak immigration policies of a caravan as an occurrence overnight. drain for griff jenkins live in washington with a new response coming for the organizers of the caravan group carrying 1200 central americans. >>

from north korea all right let's go back to that point all of that off and what about the existing nikkei weapons he claims to have developed what will happen to that. well north korea invested a ton of results is an energy into developing those nuclear weapons and they have neglected the economy in that neck that neglected a lot of things that governments normally do with the resources and favor of developing nuclear weapons so we cannot expect that they will just suddenly decide to give those up they obviously feel like those nuclear weapons provide them with some kind of legitimacy to be and what they've wanted for a long time is for the international community to recognize north korea as a nuclear power and it seems like now they feel as though they've come to a point of development where they can credibly demand that and we'll have to look at the upcoming summits to see if that's something they put on the table if they see formal recognition from south korea and the united states and the other most likely explanation is now that they're going to put more of their resources towards de

the nikkei in tokyo and australia's all ordinaries are taking their cues from wall street as well, thebeing that investors are now getting that back and forth para threats between the us and china will not lead to a bigger trade dispute. it took beijing about 11 hours to respond to the trump administration's latest list of products it plans to hit with a 25% tariff. china says it plans to impose additional tariffs on 100 and us product, including soy beans, ca i’s us product, including soy beans, cars and orange juice. us product, including soy beans, cars and orangejuice. is us product, including soy beans, cars and orange juice. is there a way a trade war can be averted? and international negotiator weighs in on that debate. it is a negotiation, andi on that debate. it is a negotiation, and i think the parties will make concessions. and for the first time ina long concessions. and for the first time in a long time, i think the american administration understands the game thatis administration understands the game that is being played here, and i don't think that was true for a very l

yesterday. of course we saw a slight recovery on wall street after the previous day's sell—off so the nikkeir yen after the us dollar recovered boosting the export reliant stocks, but the australian market flat at the moment. that's it for this edition of asia business report, thanks for watching. you're watching bbc news. a reminder of the headlines this hour: at least three people have been wounded, one critically, after a woman opened fire at the headquarters of youtube in california. she's then believed to have killed herself. a chinese couple have been reunited with their missing daughter after a 24 year search under the glare of state media. new medical centres to speed up the diagnosis of cancer are being introduced across england to try to spot the disease at an earlier stage. the strategy is to avoid the situation where patients are referred for separate tests for different forms of the illness when they have non—specific symptoms. it helped me focus more on what actually my symptoms were. patients with unexplained symptoms can get sent around different places for tests if their doc

was more interested in a bilateral deal that's all from the nikkei, back to you >> thank you very mucht was makiko utsuda >>> speaking of potential talks with an asian leader, president trump said he would be willing to walk away from unprecedented discussions with north korean leader kim jong-un, that's if he does not think the meeting itself would produce results the white house has pressured pyongyang to give up nuclear weapons. president trump says he still hopes the summit would be successful following a visit to north korea by his outgoing cia director, mike pompeo. >> reporter: at news conference with japanese prime minister shinzo abe, president trump sounding optimistic weeks ahead of a historic meeting with north korea's kim jong-un. >> we will be doing everything possible to make it a worldwide success. >> reporter: but promising to stay tough on the regime our campaign of maximum pressure will continue until north korea denuclearizes. >> if the meeting, when i'm there is not fruitful, i will respectfully leave the meeting and continue what we're doing or whatever it that we

when nikkei now. you didn't the tuna. managing downing of. the. i think you're going to see. a little bit of the movie. about it will. never get really. sort. of a. rabbi got busted up and we're going wouldn't give me a good look at about what they are like and you wouldn't go get the good you know by the end of the by the guy would go oh. you. do know what i think that we're not that young but that it. might not have been i'm going to. go home and. do. because you can if you could. to keep up with any. agreement of one or two that. will be. where. we were going to. want to. go i think everybody i know. that supported. me. in that meeting i mean. this is. you know we. don't need. anyone to do what. you. needed to. we have. passed. just a little not a lot in wealth unless you can tell it a whole lot and that's what it is a little older than your best ever because you're going to mess. up what i mean when i think of all the national voyager of which i would hope you'll. remember. that. police are not going to down one that he she not because i'm. going to tell my cousin so why

mean yeah when nikkei now. you didn't the two not. managing downing a. very good use. of them and. about over. that route. the buffet is a. week about rob i got it i said i'm going to go again but go give me a good look out about aleppo now here they are look at you wouldn't go good man they're going to buy into the. to. move. to move i think that we're not that young but that. might mean i'm going to. go home and. do. because you can if you could. to keep up with any. agreement of what. we were going to. want to. see that we're going to. soon i. mean i mean. this is something. you know we. don't need. anyone to do with. getting it out you know. when you because you're sure. you know. yes of i don't know and i don't know him well so let's you can tell i don't want to let's all think that he was a little old woman yourself ever because you're making an initialism isn't that what i mean i get a call when i go to the commercial boy the joke on which i would hope you'll. remember. the. police are not going to down one that he said that wasn't what i mean is who got that at the mike doe

when nikkei now. you didn't the two not. managing down being a. little limited. about it over. that route. week about rob i got a packet of them to go with google give me a good one got about aleppo now because they are looking to you wouldn't get that they're getting a buy in of the. to . do. to move i think that we're not that young but that. in. my mind when i go when i do. go home and. like to. because you can if you could. to keep. your. agreement of what. we were going to. do with. one of. your i think everybody i know. what i mean. you know i. don't need. anyone to do with. you. when. you know. just a little not a lot in wealth unless you can tell the whole lot and that's what it was a little older than your thoughts ever because you're making a national audience and to me that's what i mean i get a call when i go to the commercial voyager congress which i would hope you'll. remember. the. police would have been even down when that he said that because i'm. going to tell my cousin so why am i to contests you could be pushy middle east indies like you need to school got r

the nikkei battening down. —— opening down. the dowjones. that is about the warning of weaker smartphone sales that is driving that indicated down. the nasdaq closed down 0.8%. we will have more on that to come. markets injapan, south korea, and australia are following that lead. we'll be looking at it closely. just to point out, the stocks closed marginally higher after a joint postsummit news conference by the japanese prime minister shinzo abe and donald trump, delivered some surprises. no doubt their conversations will continue as they negotiate more trade deals between the two countries. you're watching asia business report. we will see you soon. thanks for joining business report. we will see you soon. thanks forjoining us. you're watching bbc news. the top stories this hour: former fbi director, james comey speaks to the bbc and says he'd think twice sharing sensitive information with president trump. there's a new president in cuba and he says communism will continue after six decades of the castros. sir cliff richard i

look at the markets and asia is recovering in early trade after gains on wall street overnight, the nikkeii'm rico hizon. sport today is up next. the top stories this hour: emmanuel macron has said he believes president trump will walk away from the iran nuclear deal following his three—day state visit to the us. north and south korean leaders are set to meet face—to—face for the first time in over a decade. top of president moonjae—in's agenda will be persuading kimjong—un to give up his nuclear weapons. prince charles, the duke of cambridge and prince harry have taken part in a number of services to pay tribute to the war dead of australia and new zealand. prince harry and his fiancee meghan markle began wednesday with a dawn service to mark anzac day, which commemorates the first major battle involving australian and new zealand forces in the first world war, as our royal correspondent, nicholas witchell, reports. first light at the australia and new zealand war memorials in london on anzac day. a commemoration attended this year by prince harry and meghan markle. in particular, remembr

it opened pretty flat, the nikkei currently down five points and the hang seng 0.9% down.today will affect the asian markets. you have been watching asia business report. that's it from me. see you soon, goodbye. the top stories this hour: as he prepares to head to the us, president macron of france calls on donald trump not to scrap the iran nuclear deal. the afghan president has condemned the attack on a voter registration centre in kabul. at least 57 people, including eight children, died when a suicide bomber targeted a waiting crowd. labour has intensified its criticism of the government's treatment of windrush migrants. jeremy corbyn accused theresa may of implementing a hostile environment for migrants. our political correspondent eleanor garnier reports. day after day, story after story, the treatment of some of the windrush generation has piled pressure on the government. why did you put me through that? why did you make me go through all that — the embarrassment, the shame, the disgust with myself? and i'm begging for my mother, i'm begging because she's a pensio

when nikkei now. didn't the tuna. managing denting a. little more. about it will. get rid. of the. above is a. rabbi got a positive and we're going to. give me a good look at about aleppo now because they all look at you wouldn't get that they're going to buy into the. you. do you. do know what i think that when young but that. one i mean i'm going to. go home and. do. because you can if you could. to keep up any. agreement of what. will be. going to. be. one of the two i think everybody i know. that supported. me. in that meeting i mean. this is. you know we. don't need. anyone in the door with. you. when. you know. just about an hour and a long in wealth unless you can tell i don't want unless i thought it was a little old i knew about everything goes up. to me when i made a call when i thought it was about the national border joke on which i would hope you'll. remember. the. police would have been even down when that he she was an amazing guy that i to my contention so why am i to contention how could she need to even dislike him any desk look up and you don't doubt you can push

the nikkei once again taking its lead from wall street. is closed for a national holiday. up next, newsbriefing. we'll take you through the stories making headlines in the global media today. said do stay with us him the briefing. —— so. six more people were stabbed in london on thursday — adding to a recent spike in violent crime in the capital. so far this year, the metropolitan police has launched a total of 55 investigations into suspected murders. alison freeman reports. some of those who have lost their lives this week. all teenagers, all victims of ongoing violence in the capital. tanesha's brother well aware of the growing problems.” have just come up university. i don't have a clue, man... i get she is growing up, she wants to be with friends and things, but the streets nowadays, it is cold. every other day, if it is not a stabbing, it is a shooting or something is happening. and it is alwaysjust this, bass, tit—for—tat. happening. and it is alwaysjust this, bass, tit-for-tat. just this year, there have been more than 50 violent d

the nikkei lost a quarter percent in south korea. the shanghai composite in china is down fractionally. >>> we have reaction coming in from jp morgan's ceo on the president's fight with china and the national retail federation is calling this a game of chickens with the u.s. economy. we start right now. ♪ >>> 5:01 a.m. here in new york. it's friday, april 6th. good morning. >>> i'm cheryl casone. >> happy friday. i think it's a happy friday. we made it to friday. that's the happy news. i'm lauren simila lauren simone. >> cheryl: we are pulling back right now, hoping that cooler heads can prevail. at this point things are pretty stressful with china. >> lauren: china vowing to retaliate -- >>> it's been said that china would not hesitate to pay any price to defend its interest if the u.s. takes any trade action. china's strongly worded response comes after president trump proposed an additional $100 billion in tariffs in the escalating trade dispute. the move would triple the amount of chinese goods facing tariffs when entering the u.

nikkei up. strong session for chinese equities with some of those indices up 0.2 the stoxx 600 is up in early trading. we were talk about the ifo, a tad disappointing. euro/dollar is down 0.1% just below that 1.22 mark. 1.2193 the theme is one of dollar strength today you can see that expressed in dollar/yen as well almost up to 109 108.85 cnbc we did speak to kuroda over the weekend, he emphasized the need for more accommodative policies no doubt that is having an impact cable is down below 1.40, trading at 1.3925. again, dollar swiss is also a bit stronger it's a big data week as far as europe is concerned. ecb is coming up even now on the ifo, there's weakness of data the piqmi numbers are slowing down it looks like in germany the situation is no different for the time being >> we're hearing from german corporates about german headwinds. we're seeing that on firms like s.a.p. bill mcdermott talking about that this morning. something to watch when you talk about some of these corporate stories

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in europe today most have been slightly down or only making small gains, japan's nikkei down about half a percentage point. investors always worried about a possible trade war between the u.s. and china after china imposed tariffs on 100 u.s. goods yesterday. >> stormy daniels is fighting to invalidate an agreement she shined before the 2016 presidential election to keep quiet about an alleged affair with mr. trump. it's a claim the president denies. daniels said the agreement is invalid because it was not signed by mr. trump. >> changing gears now, garlic fries and baseball. >> opening day at at&t park. first pitch will be there at 1:35 this afternoon around the mariners. today's home opener will have a special tribute to the former mayor ed lee. pleent of pregame pregame fun as the team celebrates 60 years in los angeles. >> 61 degrees to 65. look at all that sunshine. make sure you have the sunglasses and the sunscreen at the ballpark. 7:05 first pitch, dropping down to 58. temperatures in the low 50s, mid to upper 40s for the rest of our inland east bay neighborhoods. everything's g

the nikkei 225, we sought nice gains backed up by weakness in the yen. across the board. optimism that this meeting between the u.s. and north korean leaders will happen. anticipationve that the u.s. will rejoin the tpp, that global trade has not been scrapped of the agenda, we got another treat. guest: what time is it now? that has not stopped the u.s. president from tweeting. able to saygh to be it might be part of posturing ahead of negotiations. when we say a lot of these things are coming together, you have some lines coming, there related. when it comes to south korea and north korea, really supportive of that in korea. lots to talk about. timesheet a joins us. joins us.a this is bloomberg. ♪ mark: you are watching bloomberg technology. president trump says the u.s. and north korea are speaking directly in what he calls extremely high levels ahead of a potential meeting with kim jong-un. the president spoke during a meeting with japanese prime minister shinzo abe at the president's private club in friday --in florida. one passenger was killed and o

looks like losses on the nikkei 225. we did see strength in the dollar overnight, 107.40 where we stand right now. still weakness when it comes to the yen. inflation is the big picture. looks like more softening. looks like the boj is still far away from the 2% target. julie: we will see if there are big swings in the future. the latest inflation data out of japan is expected to show a slowing march. we will break those numbers, they are due out in a few moments. we will check markets to see if there is reaction. from new york this is bloomberg. ♪ rk this is bloomberg. ♪ ♪ julie: it is 8:30 in tokyojulie: . we are counting down to the first major market opens across asia. we will also have economic data to consider, affecting potentially those market moves as we watch them. yvonne: they are just coming through across the bloomberg right now. taking a look at the headline cpi number, bank in line with estimates for -- for the month of march. january, 1.5%. core inflation, excluding fresh 0.9%, alsog gains of in line with

pretty muted start when it came to stocks in the nikkei 225.saw a downside of 0.5%. 106.81.ation out let's get you caught up with first word news with courtney collins in new york. >> the hong kong dollar fell to the weak end for the first time since the range was imposed in 2005. the asian trading day began thursday. according to three new york based traders, who saw the move. the hong kong monetary authority is obliged by the dollar if there are any such orders. such purchases would effectively push up interest rates. paul ryan says he has no regrets about retiring, saying the it has beenarty -- the subject of rumors for months, he only gave vague answers when asked about his plans. he joins the queue of republicans heading for the exit. new research shows total foreign direct investment between the u.s. and china fell 28% last year from 12 month earlier. int was driven by a drop chinese investment in america from $46 billion to $29 billion. beijing tightened controls on overseas investment while u.s. national security officials clamped down

the mood in tokyo looking optimistic, the nikkei 225 adding .33%. now off by .1% for the asx 200. we also have the kospi gaining ground after a four-day drop. plus the latest read on gdp growth, which came in as expected for the first quarter. these are the ongoing exports recovery and corporate investments that help the economy rebound after gdp fell for the first time in nearly a decade in the last three months of 2017. we do have the korean won beating a retreat, trading at 108550 -- 1080.50. a march 26 low. we do have foreign investors selling korean equities in droves. this has quickened as korea's yield premium over the u.s. continues to shrink. you can check this out on the terminal for users. it is coming even as optimism builds ahead of the inter-korean summit. korea could be the canary in the coal mine for emerging markets capital flights. benchmark treasuries shrinking, that is the line in white. let's check on movers in seoul. so far leading gainers this morning, joined by high next in green. health care stocks also gaining grounds. rada

futures pointing to a higher open on the nikkei.ollar-yen we are seeing back to a bit of a risk on above 107. betty: speaking a risk on, our next guest made a bold call that the u.s. treasury yield will be above 4% in the next two years. that comes with a caveat, that trade tensions do not escalate. fuss.g us, dan also, kathleen hays. dan, always good to see you. at least today maybe you got your wish. you do not know how these things will go. in context, if the fed continues to raise rates based on their normal procedures , you would anticipate the short rate will go up another six times or so, may be more. -- maybe more. how high? i do not know. has the 10 year been higher than that? yes, a lot higher. the long end of the market you get quite a bit of purchasing of long bonds of treasuries. corporate's to do liability tight matching for pension funds for derisking. that is heavy demand. until the treasury's pickup, which they will, we use a treasury-forward forecast, it will be harder at the long end. kathleen: i would like to ask

in japan, the nikkei 225 is set for a day of gains. kospi up 0.2%. the korean won has jumped to the strongest level since 2014. as you pointed out, a mixed picture coming through, especially when it comes to southeast asia. stocks in jakarta gaining ground. malaysian and thai stocks under pressure. some pessimism after soft pmi readings for march. inflation in taiwan missed estimates last month. how about stocks on the move this monday? sophie: let's lick -- look at the breakdown on the terminal. seoul, good degree in -- korean consumer stocks leading gains. a hotel -- the resolution of the thad dispute between china and south korea could boost consumer stock by 30% from current prices. those are current gamers in the session. let's check in on -- current gainers in the session. let's check in on laggards. they go central -- they placed on alert after they foiled a cyber heist. korean shipbuilders continuing thatse ground, on reports beijing has given preliminary approval to merge its two biggest shipbuilders, which would dwarf the sou

if you look at the markets, the nikkei 225 is down by .3%.g the pain, retailers. some of them are leading the decline in stocks, one of them dropping after forecasting annual operating income that missed the lowest estimate. takashimaya is the company. also, phyllis amount --felissimo also dropping 3.38%. one of the worries is a tightening labor market which is raising pressure to boost spending on tech. pharma, saidn ono to be plunging as much as 3%. a last look at one of the players in sydney on the move, this company gaining 4% this morning and clamping to it april 2014 -- april, 2011 high. prices went higher on monday following the u.s. nmposing sanctions on russia and one other companies falling 50% on monday. that is what we are seeing today. sophie, thank you. sophie kamaruddin checking on the markets for us. try tensions continue to affect the market. jay powell says it is not yet thinking on his markets. he says that they might raise rates if inflation keeps heading to 2%. we will discuss that with dallas fed president, robert kaplan

the nikkei 225 up 1/10 of 1%, but higher by discretionary stocks. the yen holds gain.n sydni, shares arising for a third day. reports from the rba. equities are higher for a ninth straight session, the best run of gain since september 2014 is the earningsin sydni, shares ara third season is underway in india. stocks on the radar in the region. jumping hong kong after three months sales growth picked up, thinking of stocks. gaining over 6%. macau casino operators rising after offering the profit which is finding support after j.p. morgan upgraded its stock to overweight. hyundai voter group companies are gaining ground amid reports that management is seeking higher dividend payouts. manus: thank you very much. china's gdpchina's gdp group 6.e headline number. robust consumer spending, economic expansion. retail sales up more than 10% in march. industrial production which is g support after j.p. morgan group 6%.ts stock to tom mackenzie is on the ground for us in beijing. those are the headline numbers. what the world wants to know is 6.8% sustainable? that is the questi

the nikkei, a bit of weakness for the seoul, korea and tokyo markets.ituation where we seng movingg marginally to the upside. we are waiting for importing data on services to come through. hang seng trending down now, a the there to the upside for shanghai composite, .3%. 7.5%, the most since march. the pmi number at 51.8, composite number. services 52.3 for march. it was expected to be higher. 54.2 was the previous read for this. this comes against this backdrop of manufacturing. the index breaking to the upside there. it looks like services not expanding as fast as they had in previous months, but nevertheless above 50, so that does indicate expansion taking place to some extent. that just crossing the bloomberg terminal. rish, we are seeing a reaction in the aussie dollar, which has been close to session highs despite the miss in some of the australian numbers earlier, but building on that retail sales number. it is interesting seen these gauges out of china. as you mentioned, the previous pmi number suggested that some of these factories are frontlo

the nikkei up by half of 1%. it really has been hong kong leading the gains in the region.ise coming through in health care players. hong kong stocks headed to their month.y in almost a investors are piling into a lot of stocks that have been beaten down over these tit-for-tat trade concerns. the cfitrade though, trade 300 of large stocks. in china arepretty flat china resuming trade for the first time since wednesday. in terms of the stocks we have been watching, a lot of focus on the aluminum stocks after we saw aluminum on the -- aluminum futures and shanghai also higher. up by 6% in sydney. wh group is a park provider. rebounding today up by 3.6%. noble group says singapore is unchanged in late trade, but the toder is moving headquarters london. it will still keep its registered office in bermuda. manus: thank you. deutsche bank's supervisory board has named a new ceo to replace john cryan as part of a sweeping overview -- overhaul. christian sewing has spent his entire career at europe's largest investment bank. shares are up 5.6%. let's get to matt miller in frankfurt

nikkei 225 has its lunch break. .67ing out the morning percent.extent on the u.s. treasury market. 10-year note floating with the 3% handle, the dollar adding to the overnight gains. we see yield differentials arguably coming into play. yen on the retreat as well and leave it to the yen, it helps those benchmark supporters in japan . kospi down a third. a string of semiconductor makers where earnings have been disappointing and that is adding a bit of drag to the kospi. plot ever there in taipei as those tech stocks are responsible for that .085 percent fallback for the leading index of taiwanese stocks. plenty more to come including a look at what is going on in regard to indian mobile and mobile market as well. this is bloomberg. ♪ charlie: the balance sheet -- rishaad: the balance sheet of is under the microscope. >> these are the perks that allowed jio to become the nation's 4th biggest carrier in months. some analysts are asking if jio's profits are a bit too much, too soon. too much, too soon. rishaad: let's ask dave about this. what is the

the nikkei stock average volatility index cut back to near 25%.still robust, but slightly slower pace. eased from index 60.8 and february. it is just below forecast. index raised. property values in sydney fell for a seventh straight month. the housing market continues to cool. 3/10 last month. by contrast, more cities are seeing increases. 13% on the year. because the fella get -- tesla fell again. a long-running struggle to build the model three sedan. they may need to raise 3 billion models. to hit belowcted target. the latest signs of turmoil in a futuristic transport set up. the changes took place weeks ago . they show the arrested director as a russian billionaire, accused of fraud and embezzlement. global news 24 hours a day, powered by more than 2700 journalists and analysts in more than 120 countries. i'm paul allen. this is bloomberg. negative sentiment across asia markets picking up. the s&p suddenly crashing through that 200 day moving average. lots of questions as to how are going toars play out in the longer term. let's take a look a

the ngo which is running the migrant center in but of the nikkei by the way and a few hundred meters from there i am in but i'm thinking right now at the. end declared the french authorities where you know way acting in an intimidating manner and so this act has been seen by many politicians and i would say by a large portion of the time in public opinion as an act of defiance a kind of violation of sovereignty any time in soil what has been said very clearly by the time you know florida is that. italian police was not informed by by french customs agent. about your peroration which is against the provisions of the binational agreements. some migrants are looking for alternative entry points to france with many risking their lives by taking dangerous route so over the alps french authorities are tracking the migrants and over resting anyone found to be helping them. well we were doing an ordinary patrolling tour as we have regularly done since the beginning of winter to bring aid to people who pass the pass in difficult conditions during this patrol we spotted a group of people who w

the nikkei news said union members entered the office of destroyedeer ceo and equipment. the unions were not happy with this and the management had told possible ifling is a deal cannot be struck on wages. that is what we have on the moment. on gm korea. roll: and they want to out 10,000 three wheeled rickshaws and one million electric powered vehicles. state governments along with partners from automakers to battery producers last month calling for most -- the most indian vehicles to be electrically powered by 2013 -- [indiscernible] bag for the china coming andadline gdp bang on next rotations. a little bit weaker when it comes to industrial production and fixed asset investment. this is bloomberg. ♪ ♪ dhkma has been mopping up local money since 2005. the bank says the seat of intervention shows outflows are thought.an have been president trump overruled his own experts and accused china and russia of devaluing their own currencies, despite the treasury's last resort, saying neither country is a manipulator. he tweeted that they are playing the currency devaluation game