nick kay is continuing to be lower. -- nikkei. i nick kay is continuing to be lower. —— nikkei.st date of tober, essentially due to —— october. essentially due to the us china trade war, also the fact that october was a terrible month and we saw all of those games pretty much wiped out for the years. that is it for this edition. thanks for watching. this is bbc news. the top stories this hour: turkey has said that the journalist, jamal khashoggi was strangled as soon as he entered the saudi consulate in istanbul nearly a month ago. pakistan's prime minister has called for calm after protesters denounced a supreme court decision to overturn a christian woman's death sentence for blasphemy. the son of the former leicester city owner, vichai srivaddhanaprabha, has thanked people for their overwhelming support following his father's death in a helicopter crash on saturday night. his comments came as images emerged of the helicopter, moments after take—off, which appear to support the theory that the aircraft's tail rotor suffered some kind of failure, as our correspondent tom burrid

the nikkei 225 plunging well over 3%.lot of those japanese suppliers to iphone are being sold off, the likes of morata manufacturing down well over 6% and other electronics parts makers like tdk and a bunch of others that are lower and across—the—boa rd in tdk and a bunch of others that are lower and across—the—board in south korea, we are seeing samsung shares lower. australian markets are down 1.7 after oil prices fell and energy stocks being sold off. this is as a result of the rout we saw in the us, and technology stocks hit hard. the nasdaq down 2.8%. our new york business correspondent michelle fleury explains why this all happened. some of this was due to a sell—off in oil. looking at stocks like exxon mobil, seeing a 1% drop. that is concerns about slowing growth. if you talk about goldman sachs, this was a stock that saw its worst loss in many months. this is to do with the 1mdb scandal and concerns about who knew what at the bank and how farup it who knew what at the bank and how far up it went. there are concer

things, this will be a good thing for the nikkei, whereas the ftse for example has been sucking up a lot of ipo globally in the past couple of yea rs. ipo globally in the past couple of years. beyond fake news, we are doing all sorts of events and things around the world and bbc. this is one of our articles on bbc online. being at what happens now, this band threatin's uk tour. they faked a fan base and it went horribly wrong, tell us about the. is this marketing or is thisjust tell us about the. is this marketing or is this just really, really sad? a musician book loads of shows across the uk, told the venues we have advanced ticket sales of a certain amount, people are going to be coming. had the money into the venues are they put on the bar, the security, the sound and lighting and everything like that, and then when it came to the night, and nobody showed up because no one had actually bought tickets. there was one gig where three people turned up and there was one gig where he

morgans of this world and the nikkei morgans of this world and the dup following say with jo johnsonre forming part of the important block of votes. but you have the dup incredibly unhappy about what they perceived to be the cover my eyes on the irish border which is presenting this potential for a border down the irish sea. so she is sailing into a storm. as she needs good weather. staying with this, a cross to the guardian as a blow for may as an johnson this, a cross to the guardian as a blow for may as anjohnson quiz of her brexit. let's of the dynamics of thejohnson her brexit. let's of the dynamics of the johnson family in her brexit. let's of the dynamics of thejohnson family in the fact that for theresa may, she is now looking ata for theresa may, she is now looking at a sort of 3—pronged attack. remain who are not happy, leave and we re remain who are not happy, leave and were not happy and the dup is not happy. yes, and first of all, politics is to be able to count. now she is going to be doing a lot of math over the weekend because the advocates working overtime and will b

the nikkei 225 down by 1.3%, and syd ney‘s the nikkei 225 down by 1.3%, and sydney's all ordinaries index having a quick look now at wall street, the dow jones having a quick look now at wall street, the dowjones industrial average falling by 551 points. the snp 500 giving back 1.8%. the nasdaq in the red by 1.7%. snp 500 giving back 1.8%. the nasdaq in the red by1.7%. in snp 500 giving back 1.8%. the nasdaq in the red by 1.7%. in the energy market, we're seeing a bit of a recovery in asian trade for light crude and brent crude, but overnight in new york, they were down by more than 6.5% respectively for light crude and brent crude. the bbc‘s new york business reporter samira hussein has the latest from the us. it's been yet another rough day on us markets, so why the sell—off? well, for tech stocks, part of the story lies in the trade war between the us and china. the two sides met over the weekend and it didn't go very well, which has investors worried that a prolonged battle between the two will mean production costs go up and goods become more expensive for consumers, and that would h

this is bloomberg. ♪ we are seeing nikkei futures gained 1.8%.is after they fell on the last session. let's get the latest breaking news on the bloomberg. for japane orders coming in for the month of september. following 18.3%. a much bigger fall than expected. the expectation was a fall of 9%. after a gain of 6.8% in the previous month. .hat fall is 18.3% you're on year also falling. also, much bigger than expected. that is a big fall. suffice it to say that september has been a tricky month for japan. we have typos and an earthquake and machine orders a leading indicator of investment. we could see a weak third-quarter, things should pick up in the fourth quarter. a currento getting account balance coming in at 1.8 trillion. higher than the estimate for september. are these numbers from japan disappointing but expected to rebound in the fourth quarter. >> a big mess there. fell in latees trade after a week forecast revealed the impact of the fractured relationship with apple. usinghone maker stopped qualcomm chips. the companies are locked in a

your nikkei back from holiday slightly higher. the big week when it comes to the fed, g20 as well -- but your treasury market pricing in, or should i say pricing out the possibility we could be seeing fed hikes in 2019. take a look at your u.s. 10 year. the lowest we have seen since september. really far from the peaks. earlier this year. that curve still flat. we are holding around 42 basis point at the moment. it has been that story about oil as well. take a look. the worst weekly drop we have seen in three years last week. we have seen brent below $60. wti below $50. as we count down to the opec meeting him across the vienna, doubting the fact saudi's can cut production. we have president trump tweeting -- it will be interesting to see how this g20 meeting shakes up as well. you are going to have mohammad bin salman as well as vladimir putin there. potential we could see sideline talks between the saudi's as well as the russians. crashrings us back to the back in 2015 were oil fell below $30. certainly some concerns. hang seng

the nikkei was down to 30 points.ut those three telco stocks together, the declines we saw because of them looking to cut prices, and if you take them out of the equation, the nikkei should actually be either flat or higher. ong story short, tacking three days of gains, a little more than half of the blue chips are up, but more importantly, volumes have picked up anywhere 50% above the moving average. people have been waiting for this opportunity to come back, and beijing is providing them that reason to come back, at least as far as today is concerned. manus: thank you very much. david ingles in hong kong with the latest on the markets. credit suisse is in our sightlines. all about the global bank and the rebalancing act tidjane thiam has tried to undertake. a miss on net income. tough third-quarter for him, when you think about what happened with ubs and barclays, and we have interviewed those ceo's, haven't week? -- haven't week? -- we? nejra: looking through the tliv blog, and anyone with a bloomberg can follow th

the nikkei down 2% hong kong did come back a bit with the shanghai.t's a rough go for the japanese market the european trade, they're live early in europe we're seeing the moves and a mixed market maybe a little good news here. but it all comes down to our futures. you also have to watch oil falling again right now. if it falls today, it will be the 12th straight negative session for crude oil. already, by the way, crude oil on the longest losing streak ever down 11 straight sessions. that's never happened. crude oil down 2% now. 58.62. the upside is gasoline will get cheaper. we're keeping an eye on big cap technology big cap tech, the f.a.n.g.s and other names were the main drivers of yesterday's selloff the good news is kind of a mixed trade right now. again, very early. not a lot of shares exchanging facebook and netflix and amazon up a bit apple and google's alphabet down just a bit the apple suppliers also under pressure this morning. so there you go. down 2%. look at japan display, told you about the japanese stocks getting whacked, down 9% tou

in the nikkei 225, down from 1% right now, the tech heavy stocks -- benchmark, like the taiwan taiexut the dollar not doing a whole lot with the aipac tensions.- apec apple saying they have slashed their production on all three of .heir iphone models apple suppliers falling out of favor. basically see tech bearing the brunt of what we see in japan and korea. samsung down 2%. still some green when we see lg display and sharp your asian tech shares have lost quite a bit of pricing and there's risk already this year. this nissan-renault alliance in question. nissan off some of the lows. and fell 6%. -- it fell is percent. -- it fell 6%. overnight, we did see the renault shares down 8.5%. it suggests the end of the carlos ghosn era. 2000% busier today and then this time of the session. this is actual volume. this is where we should be based on all-year averages. 2000% for this time of the session. let's get more on this as investors reacted what has been happening in tokyo. stephen engle is with us. fluid story. what do we know? stephen: there are so many layers to the story. as to what

let's take a look at stocks in asia how markets are faring in japan, nikkei up close for trading today but hank sang lower. cross pond in europe we have trade underway seeing an advance today via higher by third. cac 40 gain of 6 cents and dax index over in germany up by half percent there. >> watching oil with a opec meeting coming up next month but right now oil prices plunging to lowest numbers that we have seen since late 2017 at 5320 a loss of nearly 2.5% this morning. >> so if you're paying lessed a pump maybe more to spend and before you head out the door to shop today we have some tips on how to score some of the best deals around fbn:am starts right now. and it is 5:01 a.m. here in new york friday november 23rd it is black friday good morning i'm cheryl casone. >> that's right shop until you drop good morning to you i'm suzanne lee in for lauren simonetti. >> a lot to talk about tea this is the traditional start to the christmas season it is officially beginning. people hitting the the mall in search of, of course, of the best deals. >> our very own hillary vaughn is at the ga

the nikkei is flat positive.adlines coming out about softbank is the important japanese story. millionsset to raise of dollars from its mobile unit ipo. the ipo will value the mobile unit at ¥7.18 trillion. the 19th, anor early christmas present. let's get a check on the markets around the world. mumbai,us from across if your in london is maria tadeo. how are the indian equity faring? >> we did see gains earlier. those have been given up. when it comes to india's equity benchmark, it is now trending in the red. we are seeing pressure on account of the largest state-owned banks as well as private sector banks. the indian rupee is seeing strength against the u.s. dollar. the u.s. dollar is declining by 0.5% right now against the ruby. -- the indian rupee. we continue to keep an eye on the state elections as well as the movement of crude. --manus: maria, let's take it to you. oil production cuts are the big move. saying?the market >> good morning. i'm looking at the oil market today. no cuts were announced, but it d

futures on the nikkei are flat.the best day in almost two weeks for asian stocks and we are seeing some positive sentiment coming from wall street. >> that is right. we've also seen some gains when it comes to emerging markets. the philippine peso is outperforming. likely to drive down some of the divergence trade we have been seeing between the fed and asia. it is tgif. a chaotic week. more to come. this is bloomberg. ♪ haidi: good morning. asia's markets have just opened for trade. and i'm sophie kamaruddin. welcome to "daybreak: asia." haidi: our top story this friday. looking to extend that rally. watch out for a chipmakers. still planning higher tariffs on china in a matter what happens

the nikkei falling about 2%, as much as of the 3% of yesterday's session. notese yen getting as much as you might expect, perhaps suggesting its luster is a safe haven is starting to decline at the moment. we're about 15% down from the january 26 high. if these declines continue, you see these japanese equities inching pretty close to bear market territory. >> which is interesting given that the japanese yen has been pretty weak, trading at a pretty high range of about ¥113, right? even today after the gdp print really not doing that much. the asiana look at markets. a bit of a mixed picture when it comes to volume for a second consecutive session. nikkei futures slightly higher as well. the cost of these futures unchanged. up, find out how the latest growth numbers out of tokyo will be affecting bank of japan policy. we joined by a longtime japan investor who will also be looking at key third-quarter .arnings results the japan open is up next, though. this is bloomberg. ♪ haidi: a very good morning. i am haidi in sydney. scarlet: good evening from bloomber

rishaad: the nikkei under a little bit of pressure.e positivity after that horrible october. much more market action coming up. ♪ ♪ emily: i am emily chang in san francisco. this is bloomberg technology. coming up in the next hour, a look into facebook's future. will investors get on board or is it a gamble on videos and stories? a hotly debated ballot issue in san francisco, funding for the homeless, has the tech community and city divided. we will speak with one of the most outspoken advocates for new ballot measure.

the one to watch is the nikkei data.expecting retail sales and investment as well as industrial production in the next hour or so. it will give us the latest reading or gauge of how the trade and all those associated headwinds impact the chinese economy. shery: i am shery on in new york. but get to the first word news. thanks. it japanese automakers are higher after bloomberg reported trump administration will hold off for now on imposing new tariffs in imports. that will give top officials time to weigh revisions on national security implications. the commerce department covers cars, suvs, vans and light trucks, as well as auto parts. the president has threatened tariffs up to 25%. japan's third-quarter gdp numbers came in worse than expected. the economy shrank by 1.2% annualized from the previous three months. economists had expected a 1% contraction. d onral disasters weighe demand and pressured exports. ofiness spending fell 2/10 1% and forecasts have been for a slight expansion. in news of rising the u.k. in the eu

nissan fell 6% and nikkei was down 1%. together with mitsubishi, nissan and renault make one of nine cars sold worldwide and employ hundreds of thousands of people. this is the man at the helm. the three countries have employees in 200 countries. more details are expected to emerge in the coming days and weeks about ghosn's wrongdoing. nissan said it included under reporting his compensation and misusing company assets. cnn has not been able to reach ghosn or greg kelly for comment on helps allegations. >>> three people, including a police officer, killed by a gunman at mercy hospital in chicago. a doctor and a pharmaceutical assistant were also killed. police say the gunman approached one in the hospital parking lot and shot her. the two had been in a relationship. police responded and fold tlowe the suspect in the hospital. officer jimenez was also killed. he joined the force just last year. >> those officers that responded today saved a lot of lives because this guy was just shooting -- that poor woman that got off the

so,y: in the past hour or we heard from nikkei news that japan is eyeing ¥2 trillion in a policy packagee of the sales tax hike that we are expecting next year. how much support will this provide the economy, and what does this mean for the boj as we see more fiscal stimulus coming through? this will be quite important. the growth story was basically based on investment, on corporations being optimistic about the domestic market, being more concerned about the overseas market, but bringing back some investment into japan. this is a pretty good story for this year. next year, concerns are still there. investment is a little bit slowing, meaning if the government is coming in here and the or less guaranteeing tax hike next year will not have a negative impact on the economy, this should be helpful, and we should see a rather stable economy. at around 1% growth, this is not too bad for japan. isdi: martin, how vulnerable the supply chain story if we do see a doubling down or worsening of the trade tensions? martin: the concern is really about the asian markets right now. tensions between th

nikkei was not open for trading this friday.wn this morning, oil prices continue their slide to the lowest levels since late 2017 on an abundance of supply. we break down what's going on with the cost of crude. investigating the crash, lion air says it will ask boeing for more information about their new 737 jet in light of the recent plane crash in indonesia. we will hear from maria bartiromo's e exclusive interviw with the ceo of boeing. on guard, amazing video of a shop keeper defending his business from gun wielding thugs using a sword. yeah, baby. parade outrage, the internet up in arms as a technical glitch reveals that star rita ora was lip syncing at the macy's parade. macy's and john legend coming to her defense. we have the latest e did you think people on the floats were singing live. here to break it down, susan lee, michael block and former trump republican convention deputy press secretary, aaron he'll more. >aaronelmore. >> it was so cold out there, did you really expect her to sing. dagen: the track was so off, i

we see a slightly weaker yen and that impacting the nikkei, because we seek export is rising becausefollowing those comments. we are watching the 620 closely because donald trump meet his counterpart, xijinping. that is it for the programme. this is bbc news, the top stories this hour: a new warning on climate change, as the un says global greenhouse gas emissions reached a record high in 2017. indonesian investigators prepare to release their first report into last month's lion air disaster. tributes have been paid to lady trumpington, one of the great characters in the house of lords, who has died at the age of 96. she worked as a code breaker during the second world war and spent nearly four decades in the upper house. john pienaar looks back at her long life. laughter always in her place in the house of lords, always the same. so lucky to be here. as david cameron said, "theyjust don't make politicians like that any more," and he meant it. wartime code—breaker, oldest woman ever to be a government minister, and even, after a long life, a youtube sensation. the grainy black—and—wh

nikkei average in japan better than 2% overnight. picks are in, long island and crystal city, virginia home, hq2 selection with the announcement coming as early as today, amazon shares up 3 quarter offense 1%, raging wild fires in california. this infernos are burning path of devastation, the death toll rising to nearly 50 people between these massive fires. >> i understand that makes this the deadliest fire in the history of the united states. maria: very latest and we will take you live to california this morning. there are new questions facing bowing this morning, new report says jet maker withheld information on the 737, same model involved in the deadly indonesia crash last month, boeing chairman and ceo will join me in fox business exclusive this morning, stay with us for that exclusive coming up at 8:30 a.m. eastern this morning. plus tide detergent unveils new packaging, going viral, the controversy coming up. the stories coming up and joining know break it all down fox business dagen mcdowell, pwc partner mitch roschelle and

nikkei 225 back from the lunch break.the earnings season not exactly translating as optimistic as some analysts projected so far. we'll see how the rest of the earnings season goes. the hang seng it is interesting to see where the chinese markets are pretty much going the opposite way. not exactly getting into some of the lines we heard from the vice president about talking about wanting to have a deal with the u.s. on trade. i guess everyone is holding their breath, dave, about the mid-term elections happening. just a couple hours away. david: absolutely the most closely watched, most expensive, most discussed of course congressional elections in recent memory but also interestingly about the person not on the ballot, talking the u.s. president here. our senior international editor is here to talk us through the latest here with the current trends as we really approach the final hours. >> that's right. president trump is not on the ballot but is, a lot of this is about him, and people's reaction to his leadership will be

in japan it was a good night the nikkei up more than 1% chinese market was mixed in europe they carebout the outcome of our elections as well a story similar to our futures flat, maybe slightly down. germany is the big one to watch. italy remains the lone trouble spot there, down about 0.8%. >>> here's the ultimate question, how should the outcome of today's election matter to you, your money and your investment strategy? what else is koe ey to focus on now? let's find out with mike bell. how close are you watching things in london with regards to the election over here >> we're watching very closely it's key in several ways the first thing is if we get the republicans maintaining control of the house, then there's the potential for further tax cuts for the middle classes, which would, i think, create an environment where bond yields would go higher in the u.s. and probably globally on the back of that so i think it's important to watch from a government bond perspective. on the other hand, if you do see that rise in bond yields, it's not quite clear to me that's good news for equity

we start off with the nikkei 225 up marginally by 25 and the all ordinaries index down 29 and the hangriday after wall street sees off after trump's tough talk on trade. thank you so much for investing your time with us. i'm rico hizon. sport todayis time with us. i'm rico hizon. sport today is up next. this is bbc news. the top stories this hour: donald trump's former lawyer michael cohen has pleaded guilty to lying to congress about contacts with russia. president donald trump has just arrived in argentina for the 620 summit of world leaders. he is due to meet china's xi jingping on the sidelines to try to resolve the us—china trade war. the funerals industry in britain is to face a major investigation after the competition watchdog found prices have soared by two thirds in the last decade. personal finance correspondent simon 6ompertz has more. not justified, that's how the competition regulator describes the experiences of bereaved family members like kaye in lincolnshire. her mum jo's recent funeral cost nearly £11,000. yet her dad ken's, a full 18 years ago, cost only £1,100 from

futures on the nikkei and kospi are looking higher. we will have more next.♪ haidi: asia's major markets have just opened for trade. shery: welcome to daybreak asia. haidi: the tech talks wrap up as the u.s. and china trade comments. shery: theresa may fights for survival as her enemies threatened a revolt. brussels says the u.k. transition period could be

. >> nikkei down half percent where chip stocks fell. lauren: facebook under fire, mark zuckerberg fighting back over latest criticism of his company and leadership. fbn:am starts right now. ♪ ♪ lauren: happy friday. i love saying that, november 16th, i'm lauren simonetti. gerri: i'm going to join you, happy friday, i'm gerri willis. lauren: i hope everybody no the northeast got into work this morning or can get to work. gerri: a lot of cars on the road myself. lauren: shares of pg&e soaring after hours after suggested state largest utility not allowed to go bankrupt. stock rallying as much as 49% after plunging 15-year low over concerns that pg&e can be foundation for individual rights in education liable for largest wild fire in history, expanded the utility and practices and problems with power lines in northern california, 15 minutes before campfire first reported last week. gerri: 40% contained. full containment is not expected until the end of the month and the death toll continues to rise at least 66 people are dead and more than

. —— nikkei.rates were below the neutral, sparking a sharp rally on wall street and easing investors of rake heights —— rate hikes. that also saw the dow, the nasdaq and the snp surge in overnight. 84 investing your time with us, sport today is coming up next. —— thank you for. this is bbc news, the top stories this hour. the bank of england warns that the uk could face a deep recession and a collapse in the pound if there's a no—deal brexit. a preliminary report into last month's deadly indonesian plane crash has found that the jet involved was not airworthy. while theresa may was in scotland, the first minister nicola sturgeon was criticising her brexit deal, saying the prime minister cannot promote opportunity, when economic analyses suggest her proposals will make everyone poorer. the scottish government published its own projections yesterday, saying brexit would cost every person in scotland more than £1,600 by 2030, when compared with eu membership. here's our scotland editor, sarah smith.

you can see japan's nikkei down more than 1%, the same thing happening in hong kong as well with the close in the us on friday. that is it from me, karishma vaswani. thank you for joining us on asia business report. you're watching bbc news. let's bring you up—to—date with the headlines. immigration dominates the campaigning a day before the us mid—term elections, widely seen as a referendum on the trump presidency. the us secretary of state says he'll discuss a possible second summit between president trump and the north korean leader kim jong—un at talks in new york this week. senior figures from across the political spectrum have paid tribute to lord jeremy heywood, the former head of the civil service, who has died at the age of 56. he retired from his role less than two weeks ago after serving four prime ministers, and was regarded as a key influence in shaping modern britain. 0ur political correspondent jonathan blake reports. when i launched my leadership campaign... he was the prime minister's right—hand man, putting the government's policies into practice and giving advice o

the nikkei two —— 2115 gaining 57 points, and the hang seng indexis gaining 57 points, and the hang senging for trading and that is gaining a hefty 168 points. thank you so much for investing your time with us. i'm rico hizon. sport todayis time with us. i'm rico hizon. sport today is coming up next. see you in the next hour. the top stories for you now from bbc news: saudi arabia's foreign minister has told the bbc that claiming the king or crown prince knew about a plot to killjamal khashoggi is inaccurate and saying anything disparaging about them crosses a red line. the united arab emirates has jailed a british man for life, on charges he was spying for the british government. whale song has intrigued scientists and sailors for centuries. now it seems the distinctive chorus of squeaks and groans can change over time, and not all whales sound the same. researchers in australia say humpback whales undergo major changes, which mean their song is constantly evolving. here's our xcience correspondent helen briggs. —— here's our science correspondent helen briggs. humpback whales are known

as you can see on your board, it is a mixed bag with the nikkei up by 85 points and the all 0rdinariesegative territory but the hang seng up negative territory but the hang seng up as investors battle a range of factors from a loss on wall street, lower oil prices, brexit and us/ china trade. thanks for investing your time with us. i'm rico hizon. sport today is coming up next. before sport today, let's bring you up before sport today, let's bring you up to date with the main headlines: terms for a draft brexit agreement between britain and other members of the eu have been agreed, but already some members of the uk parliament have said it would be acceptable. 44 people are now known to have died in the worst wildfires in the history of california. firefighters say they're making of california. firefighters say they‘ re making progress of california. firefighters say they're making progress in tackling two of the worst blazes —— won't be an acceptable. turning to badger culling, because an independent review has found it only has a modest effect in reducing the spread of tb to cattle.

rally on wall street overnight, up bya rally on wall street overnight, up by a 10th of a percent, the nikkeid mary is up by more than three point. i dig into what is driving these moves. we saw a good rally in asian stock markets yesterday, followed that with the 350 point rise in the dowjones last night and 350 point rise in the dowjones last nightandi 350 point rise in the dowjones last night and i think we will see some follow—through today singapore. these could be stopped by 20 development that will be taking place this week on the one is the fed meeting. how are we going to see the us central bank hiking rates once again? i hope so, if they don't increase interest rates then people will be worried, people will think someone will be worried, people will think someone has borne wrong in the economy that the fed is stalling on the rises at. i think it will increase. something else putting investors on the edge of their seats, it is the xi jinping, donald trump meeting in buenos aires. will be see a resolution? i hope so. what is happening with both economies is that they are both being af

they are lower, the nikkei expanding on some of those earlier losses. of concern there about the volatility and instability in the volatility and instability in the markets. market strategist michael mccarthy gave me a rundown of the fed announcement. this is a much more moderate statement from the fed than the markets were expecting, and in particular they talk about the balance of risks being quite even at the moment, it might have surprised some. the trading session last night was 5°99)” trading session last night was soggy, we saw trading session last night was soggy, we saw pressure trading session last night was soggy, we saw pressure on us shares and most major indices in the red book for the late rally and that is in sharp contrast to the previous night. the two sessions are related, with the risk of the mid—terms out of the way, investors were introduced but also they were infused about the idea the republicans couldn't prosecute their stimulus agenda, we should see a softer approach from the fed. we didn't see that in the statement and that di

the nikkei is off point percent -- .3%.since july but there is a pop for the british pound, hovering around the 130 level. as we count down to the u.s. midterms. take a look at stock movers. we are seeing red across the benchmark from seoul to tokyo, but there are gainers, yukon amping 30% after signing $1.25 billion tech export deal with jensen biotech. on may pharma tracking gains. the yukon deal could bring fresh investor interest in the tech for long it cancer -- for lung cancer equipment. third-quarter results were better than expected for this beverage maker. retail sliding after domestic sales fell 10% for october and subaru falling to an august 2014 low, the company delaying , andncement until 3:00 nikkei news reporting the carmaker could cut its forecast. southeast asia's largest lender will be one to watch when they get trading. reporting strong earnings numbers, matched analyst expectations. a higher profit. i want to bring in now our bloomberg intelligence analyst. what has been driving this? >> very good mornin

this is the gmm function, the nikkei up .5%, you take gains -- muted gains following wall street. on the dow was 1.3% from trough to the end of the session, 1% for the s&p. at the moment, a bit of stasis. we are looking ahead to the statement by jerome powell and the minutes from the fomc. data outhe important of europe, and that dinner date as well. i want to talk about tech. have a look at this chart. we have correlation between u.s. technology and chinese technology stocks. we saw this to versions -- gence taking place. that correlation has reestablished itself as we have seen horrible times for u.s. technology. what was over here has gone over places as is in both we see that correlation picking up once more. there you have it. i'm looking at that through etf's. it has been about tech, , anyway, aade pivotal meeting. president trump and president xi jinping meeting saturday in argentina. yvonne: tom mackenzie joins us now from beijing with the latest. for thise preparing right now, and what is the latest from the trump administration? >> we are trying to cut through the fog of

the nikkei up close to 2%. hang seng up a little bit. shanghai off marginally.oking at a bit -- can i call it a mixed picture? most of that is in the red with the exception of the

nikkei and shanghai and hang seng. nikkei down. shanghai is up 2%. europe shows the markets higher.ll. signs of hope with italy and reworking the framework with the eu. you see the ftse in london is up and cac and paris. let's go to wall street. the shortened holiday week. futures -- that happened friday. down 1%. futures are higher here right now. the s&p 500 and nasdaq and all down on friday. it has been a rough october and november. we might have a little bit of a bounce on the open. a lot, including those concerns between russia and ukraine which could keep traders on edge. >>> cyber monday is the largest expected day in history with $7 billion in sales. >>> "adonis creed" and "wreck it ralph" with the highest box office weekend. disney's sequel took the top spot with $84.5 million for the u.s. the second biggest thanksgiving opening ever. "creed 2" earned $55.8 million over five days. that's the most live-action film had ever brought in on thanksgiving. total is $314 million. >>> elon musk says tesla almost died this year. in an interview that aired on hbo sunday, he said tesla

you can see the nikkei on the close, up by 6/10 of 1%.ee markets in korea being boosted by the carmakers they are. here.e carmakers ter you are still seeing weakness coming through in hong kong. the csi in chinatown down a quarter of 1%. -- in china, down a quarter of 1%. upon high in taipei down for tenths of 1%. the other apple suppliers are higher. we are hearing that a news conference is scheduled where they could announce payment with hong kong's tencent. and then weighing on the malaysian stock market is this casino maker. it is suing disney and fox for a billion dollars in damages. is due to fit -- to the fact that they pulled out of plans for its resort. manus: thank you. let's take you to our question of the day. really ought -- in the eye of the storm. apple's worst drop in a decade? what does it mean for global markets? let's get your first word news. debra: president trump has could the brexit deal jeopardize the uk's ability to strike a trade pact with the united states. trump called prime minister theresa may's agreement a g

mark: there is a report in the nikkei overseas indicatin they are cutting production lines.t surprised these reports are not already built into the stock price. if you do a google search on the nikkei iphone water cuts he will see results ranging from upwards of four or five years back. it is an annual story. i think it is a mix of what the publication is looking for, combined with adjustments apple makes after the initial few opening weekends of new iphone releases. emily: water, what is your reaction to the report? walter: he profiled the fact this has been going on for years. the company invited this, to a certain extent. some of these things have been ignored in the recent years, there was not much of it going into this quarter. the company talking about not reporting units going forward, now they will allow stories like this to resonate in the market because there is no data point that will follow when the company reports and reports a unit number that may contradict a lot of these, what i would call supply chain stories that tend to emerge before the quarter. they have

as you can see, the nikkei 225 is down 26 points in early trade.l of fortune there. the all 0rdinaries index gaining ten and the hang seng opening the new trading day lullaby 67 points despite gains on wall street overnight. a lot of uncertainty, though, for brexit. thank you so much for investing your time with us. i'm rico hizon. goodbye for now. this is bbc news. the top stories this hour: despite stinging criticism, and a string of ministerial resignations, the british prime minister has promised to see her brexit deal through. let's stay with that story: we've been asking people who voted in the referendum what they think of the way brexit has turned out so far. danny savage visited newcastle. how is life going to be different for people after the last 2a hours in british politics? at this science centre in newcastle, people were still wondering what it all means. i just sort of want something to come out — just to sort of say, what is actually happening? what is the plan of happening? when is everything going to go ahead? is it going ahead, b

in china.wer interesting session on the nikkei.h a gap lower about 260 points. it is about 200, 210 of that. we make our way into the afternoon. last 30 minutes of trade here in hong kong, asx 200 down a fourth of 1%. malaysia's equity market is down. we talked about the oil price down 7%. a further 7% overnight. that is really wreaking havoc on the currency dollar -- currency. dollar min 8 -- dollar malaysia is back for 20 for the first time in about a year. look at the exchange change. the currency in india is strengthening. in the offshore space here, 71 .33, this is how we close yesterday. looks like we will open higher. as a pertains, we are up 12 points. inending on where you are the world. let's get a check over at stocks. big drop yesterday. we are up 1% into the afternoon. six, 7/10 of 1%. not the same as what we saw yesterday in the session. a lot of this has a little bit more time to digest. athaad: let's have a look what is happening with all of this and let's get more with stephen engle following all of this drama at t

the nikkei 225 is still down. can follow more on the on youron our blog bloomberg app. >> tensions between the u.s. and saudi arabia are arriving after trump slams the kingdom's proposal to curb oil production next year, tweeting it should not happen, saying prices should fall taste on supply. opec says the market is unbalanced again. >> the headwinds we are beginning to see is the return resultill of market as a thate rise in supplies might lead to resurgence of buildup. that is not in the interest of anyone. let's bring in our reporter from tokyo. stephen, should we expect action from the trump administration? stephen: it looks like trump's bark is worse than his bite. the tweet has pushed down the price of oil again. 12 day in a row. dot can the administration to get saudi to increase their output? there is not a lot they can do to push it. the administration is considering sanctioning some saudi officials in relation to the suspected murder of the journalist last october. they might push up the rhetoric. but i

singapore strict time dun and nikkei are in the green. >> elon musk takes it a page out of python playbook. [laughter] >> never thought i would say that. your mother was a hamster and your father smelled of elderberries. >> okay. the job requirements you want to score a new gig at the boring company. fbn:am starts right now. >> 5:01 a.m. in new york monday november 19th good morning i'm cheryl casone 2378 >> oh happy monday welcome back. good morning everybody i'm lauren simonetti. >> so much let me get my resumÉ together for the boring company maybe not it look brutal. things are brutal in florida they have been as far as that e recount goes and breaking news this morning, florida embattled broward county election official brenda snipes has reportedly resigned. following heavy krit are schism over her handling of votes in the mid-materials. and this comes, of course, as bill nelson conceded in sphat race after a hand recount. >> i was not victorious in this race but i still wish to strongly reaffirm the cause for which we fought we may have been e heavily outspent in this but we were neve

. >> and in asia japan nikkei down 1.5% and stocks in hong kong over 2% to the down siled. and then there's this. >> i want to get the song that they can perform. ♪ what's the lyric? >> we will rock you. >> we have a new champion, at the box office -- fbn:am starts right now. it is 5:1 a.m. in new york friday november 5 st thank you for joining us i'm lauren simonetti. >> it is monday good morning everyone i'm cheryl casone. election eve a mad dash for the midterms president trump visiting 3 states on the eve of this crucial midterm election hold campaign rallies in ohio, indiana, and missouri today. koargt a new wall street journal nbc news poll 50% of likely voters say they prefer a democratic controlled congress 43% want republicans in charge but democrat advantage has narrowed. during a rally in west virginia on friday, the president said that the gop may lose control of the house. jane has more. >> immigration takes front and center at presidential rallies ahead of tuesday's election. >> how about that caravan? diewpght to let that caravan just pour in? i don't think s

the nikkei is up by 0.2% on the european side of things, generally a little bit on the negative side.eeing the dax in germany off by 0.2% half a percent losses for the ftse 100 the cac in france down by 0.75%. we are keeping a close eye on crude oil. those prices are rebounding in just the last couple of hours on headlines out of opec. let's get out to steve sedgwick live in abu dhabi at one of the world's biggest energy conferences. what did they say that got crude to maybe break a 12-day losing streak >> dominic, sometimes you and i are watching stories from the outside. sometimes we are fully immersed in the story i feel privileged that i'm at the center of this story i was at the key opec meeting with the russians on sunday. i felt that they had to come out this morning and they had to make some verbal intervention. they're incredibly worried about what's going on. we spoke to the secretary-general of opec. we spoke to the president of opec, they needed to get out the message that they will take corrective action for this precipitous decline in oil they want to do it at this decem

in the overnight session, the nikkei in japan off by 0.2%..5% let's see what's happening in the early trade in europe. we mentioned before what's happening with the ftse 100, getting a bit of a bid slightly marginally to the upside there as the pound weakens, helping some of those large uk multinationals. the dax is relatively flat the cac in france off by a third of a percent >>> switching to the energy market nat gas pulling back after soaring to a fresh four-year high crude just snapped its longest losing streak ever let's bring in brian sullivan, he's live in the heart of america's energy boom, that's corpus christi, texas. what's the sense out there, 12-day stretch of losses for crude snapped, we're seeing weakness take over again >> dom, good morning i think around here in these parts, as they say, they have gotten so used to these volatile swings in oil. 120 a few years ago, down to 30, back to 100, back down now all the talk is on something else, it's on natural gas, but also lng, liquefied natural gas. it will be a big day today on c

the nikkei 225 gaining about enthusiasm.much we are seeing a little bit of optimism.oil's rocky ride continues. u.s. futures have swung to losses this morning. political headlines weighing on sentiment as we learn that paul manafort was found to have breached his plea deal by reported . also checking in on the offshore lying. by reportedly also checking in on the offshore yuan. checking in on some stock movers of note, lion, the biggest mover on the regional benchmark, jumping over 16%. on the other side of the spectrum, spi slighting as bitcoin's crash deepens with the cryptocurrency below $4000. i is exposed to that slump. i want to highlight korean engineering gaining ground after soaring 30% on monday. construction stocks are getting a boost. nufarm iss rising -- rising in sydney. this as the agrochemical players are expected to be a game changer for the company, haidi. haidi: sophie kamaruddin there on the markets in hong kong. taking a look at the energy markets, the biggest gain in months. the oil exporters prepare to despitebal supplies output from saudi arabi

see strong gains in chinese equities, japan is underperforming, the nikkei down over 1%.tle bit of a mixed picture in the asian session. manus: you know what i noticed, the aussie dollar was really strong in terms of the chinese stimulus. this is a question you really have to focus on. the

what is it going to be they have too many watches >> the nikkei?e going to slam apple how about tim cook why don't we do everything >> before we get to bob, financials are showing s-- i have to take my watch off. nobody wears it anymore. >> 20 million of them. >> nobody. south china sea. five years ago, there were none of them. >> that's a loser. they lose money on every watch why don't they come out with the one that saves your life >> david blaine, can you give me my watch back. >> it is going to lev taitalevi. >> let's get to bob pisani on the floor. good morning, bob >> good morning everyone nice start, 2-1. look at the sectors here, we got a great start for energy all the big oil is up 2% or 3% industrial is okay healthcare and modest leadership that's largely because of the fang name. i want to point out what a great start oil got today. it is up 60 cents or so. all the big oil names, everything is up 2% or 3%. eog and apache and all of this stuff is up 1% or 2% >> antitrust from president trump of amazon and facebook and google, they're wait

shery: the nikkei is under pressure in early trade. you can see the downtrend on the topics which has fallen about 15% and moving closer to that bear market. thedissect what is moving market and there are all these trade data. trade headlines. on wall street, investors were out where to take the markets, given everything going on with brexit as well. digestl asian investors the information? particular, we thatoping in this meeting the u.s. would approach them with something to do with a trade deal. that does not appear to have happened so far. japan is still waiting to hear what direction they want to take the trade agreements. japanese equity market is a bit like the chinese situation as well. some is waiting to hear if of the concessions they are willing to make will be received well by the u.s. there are a lot of trade issues overhanging the market and asia in general until these things are cleared up. investors will not get too excited about the outlook for their market. what direction you go in terms of individual agreements or br