nikkei down 1.7%. in the process we have seen another fall on the dollar. that will be a major drag on tokyo stocks as well. the financial sector weighed on u.s. indexes as we saw and more restrained rate hike scheduled by the federal reserve. looks to be weighing on the markets and that's compared to what the market players were expecting. >> okay. the response in banking shares was clear. the response on the dollar has been clear. the response in bonds as well. get us updated on all these things. >> quite a shift in the dollar as well. 111.61 to 62. let's remind viewers that it was trading on 115 yen level just a week ago. it's hit three week lows on tuesday. it's trading lower a well. the price rose. investors rushing out of stocks. yields are near three week lows for the ten year u.s. treasury note that you see on the screen there. the dollar fell against the euro. his key opponent le pen has argued for france to leave the single currency as well as a europe european union. seoul's kospi is down. sydney's down 1.29%. china markets open in an hour and a

the nikkei is down 1/2%, the shanghai composite index losing one third of 1% and the nikkei had been h. >> let's look at stocks in europe. in germany, falling back 45. >> let's check stock market futures and how they are faring, dow futures down 46, s&p down 6, nasdaq down 13, dow and s&p did just going off of recent ose highs. >> key commodities, a look at oil higher by $.12, $52.70 a barrel, gold is lower by $3.90 at 1229 of troy ounce. shares of caterpillar took a hit yesterday after federal authorities rated the company's offices, caterpillar shares 4%, in peoria, illinois and two nearby facilities was the company says it is cooperating with investigators in what is described as a tax investigation with billions of dollars at stake. caterpillar issued a statement that it believes the search focused at least in part on exports filing on a swiss subsidiary. the 2014 annual report disclosed security and exchange commission has begun an informal investigation of the swiss subsidiary. >> amazon to the huge outage on its cloud computer service was caused by a typo. it affected thousands

the nikkei down half of 1%. nicole: in europe, all down arrows after we had been merely record closes here at home on friday. the london ftse down one third of 1%. cac inference than one third of 1%. very defiant. german dax down one third 1%. deutsche bank down 5% and now is an overhaul to raise capital standardized up 6% on the deal with gm up almost 3%. lauren: this is how you start at the futures are trading. last week we had 21,000 or the first time ever that the dow up for weeks in a row. s&p down 6.5 points this morning. but six weeks and on the nasdaq down 11 points. trade to oil down two of the last three weeks. hold down last week stamped four weeks of gains. now back on track with the up arrow because gold is up over $6 at 1232 trails. oil pulls back to 26 cents at 53.07 that concern of the bill. lauren: this is how the dollar strengthened against key currencies. the pounding canadian dollar versus the u.s. dollar today. treated to watching a 10 year bond yielded 2.46%. up from a week ago. lauren: big

the japanese nikkei down 2%. hong kong down 1%. european trade is negative.we saw three quarters of a percent of declines yesterday. the ftse down 1% 6. germany and france down 0.8%. >> as for the broader markets, wti saw its lows settle since november. that's even though opec is talking about cutting its output beyond june. down 1.5% this morning. brent is off by a percent and a half. nat gas is down, which reverses its trend over the last few days. looking at treasuries. seeing the treasuries receding. the two-year, ten-year, 30-year dropping off to levels we saw pre-fed hike at end of february, beginning of march. the ten-year t note at 2.401%. as for the dollar now, we're seeing the currencies down more than half a percent yesterday. up against the euro today, as the euro falls, down against the yen and up against the pound this morning. as for gold, gold seeing the fourth positive session in a row now. this morning at 1,247. >>> turning to today's agenda, the house sector is fing sector existing home sales out at 10:00 a.m. eastern. as for earnings, winn

the nikkei down and the topix down. just a reminder on thursday the nikkei closed a touch higher. a softer dollar held back export related stocks. energy shares showed solid gains yesterday on high oil prices. overnight the benchmark crude oil futures headed low again. commodity related shares were down on wall street but the worst performing sector were health care sector stocks and uncertainty really surrounding the new health proposals plans for the u.s. the focuses for this morning. >> tell us about currency. what's going on with major pairs this morning? dollar yen fell around 1% after the fed said that future rate hikes may be a bit more gradual. the u.s. currency has been hovering around that lower 113 yen level since then. the green back struggled against the euro that hit a five-week high. many traders were relieved the far right party didn't gain as many seats expected in the dutch election. many were watching the netherlands as a signal to determine the strength of anti-eu populist parties. in the uk, the bank of england left its key rate at a record low of 0.25% as expe

drain to the nikkei down for the second day straight paid about two tenths of 1% in china. nicole: oil axon with a $20 billion investment plan that would create or to bypass and high-paying jobs and gulf states. lauren: chairs of snapchat only 12% below their first day of trading. the lowest price per year. lauren: thriller in texas and the san antonio spurs at the houston rockets and cleveland cavaliers. lose the game in their new center against the miami heat. we will have all the highlights. lauren: 5:01 a.m. in new york. welcome to "fbn:am," your first look at morning markets and breaking news. nicole: house committee to begin voting on the republican bill to dismantle upon the care tomorrow. the measure would replace income-based subsidies with tax credit. >> we give them a tax credit immediately useful. ranges in price from $2,214,000 a year. depends on your age and family. but ask him if they can buy affordable plans that are approved and certified in the state they are in end user of planes they need engineers, not the plants washington and the dating to them. tree

the shanghai composite down 1% and the nikkei down 100. : london footsie down fractionally, german dax down 0.2% while the cac quarante in france now up 0.2%. nicole: we can have an up week or down we, the dow coming into its final day by 31 points, futures down two. lauren: it is one in 6. $48.91 a barrel up $.17. it has been under pressure. since june 24th, we are seeing gold is unchanged. >> crude sinking below $50 this week, too many concerns of having too much oil, senior market analyst that price futures, foxbusiness contributed joining us now, top of the morning to you. >> we have all the energy in the green. >> as we switch to the summer blends, >> we have a glut of gasoline supplies at a record high. the problem is a lot of that is winter blend, will be exported. we will always add a few pennies before the summer driving season begins. nicole: $60 a barrel possible before the end of the day. what are the guys talking about. >> reporter: they were stunned about the breakout last week. everyone was getting bullish. spare production c

tuesday, march 2 11st, nikkei down. now, with a choppy trading on the dollar we may see continued selling of major exporters. as we also noted with the dip in crude oil prices and with energy stocks falling both on the u.s. and european stock exchanges we should keep track of that sector as well. a number of federal reserve officials are due to speak this week including fed chief janet yellen. the fed, let's not forget raise rates last week. the number of future rate hikes going forward were fewer than many had expected. that put a little bit of a break on the gains that we saw on the dollar. another factor was the g20 financial leaders, the meeting where the financial leaders pledged to drop their pledge for free trade and that's going to be a focus as well in wake of the protectionist policies in the u.s. >> we saw a clear reaction by currency traders. choppy trading. we saw them sell the dollar by the yen. what's going on with markets today? >> exactly. as we have seen investors putting a bit of a brake on the gains

we are waiting for the fed and the boj, the nikkei down .1% as the yen gained, the topics having its session in four. hong kong a little weaker, hang seng down by about .1%, china retail sales missing the mark. the asx 200 impacted by a drop in business confidence, but the cost on this massive care is up, rallying since we had the president's impeachment last week. looking at stocks in particular, toshiba was in focus, ending in the black despite being in the red to the tune of around 7% before it came out and said it is considering selling its nuclear business, westinghouse. samsung propping up the costs, reporting that it could be considering the move into a holding company. alibaba held one of the front runners in the hong kong session, up by 13% on a report that they have a hong kong buyout bid. i want to show you this chart. the fed in focus, but so was the boj. this shows you that the volatility index on the nikkei 225 versus the vix in the u.s. climbed 16% last week, and is at its lowest level in four months. traders showing calm the head of the boj meeting and the fed, where

we begin in asia, nikkei down more than three quarters of 1% as is the hong kong hang seng and korea i down a quarter of 1%. the only gainer is shanghai composite in china up one-third of 1%. lauren: in europe stocks are trading mixed down at the moment. ftse in london is down 41 points, half of 1%. cac if pa race down 20 and the dax in germany down 15. nicole: it's been a great first quarter and today, though, it is looking to the downside, dow futures down 44 points, s&p futures down 6 right now. lauren: winning week, winning quarter for u.s. investors, the month mixed, the dow showing weakness, could be the first down month in five months. gold down 3 bucks. nicole: mcdonalds is feeling fresh adding fresh beef starting next year. mcdonalds has announced it will use fresh beef instead of frozen patties by the middle of next year, after the change burgers for quarter pounders will be set right to grill. so it isn't known how the fresh burger will affect the pricing, patties and big macs will be prepared ahead of time. lauren: i wonder if it changes the taste. >> five, four, three, tw

we are seeing the nikkei down half a percent while the japanese yen continues to strengthen. we have the final fourth-quarter gdp numbers showing the economy expanded more than initially reported. still, when it comes to the markets, it is not optimism being felt. is up.n the shanghai deposit is up. defining trade data, a trade deficit -- a surprise with imports jumping 44%. part of thehis world come up to hours away from the opening of the emirates market in dubai and abu dhabi. this is what happened on the last trading day. coming under pressure, down half of 1%. a weakness coming through on real estate insecurities. this stock slipped 3.8% after dividend proposal. this is the first reaction we got from investors expecting more after the company was able to boost profits. we are seeing interesting moves in saudi consumer stakeholders. it was in the financials. down 1.9%. let's cross over now to the first word headlines from around the world. here is rishaad salamat. china trade coming in well outside forecasts. ,t was a sofa -- surprise soaring 45%. nearly double estimates.

the nikkei down fractionally in japan. the shanghai composite index of one 10th of 1%. 1.4%. rebounding today on news that u.s. oil supplies surprisingly fell last week. 48.50 of 1.6% of barrel today. nicole: yields remained right around 2.60% level ahead of the fed interest rate today. another major look for the white house as a portion of the president's 2005 tax return is released. 38 million in taxes that year. u.s. officials to unveil charges. there is a russian connection. march madness is here in one of the first games of the tournament. blow for blow. the golden state warriors snap their losing streak with a win over the 76ers. we will have highlights for you. nicole: good morning. 5:31 a.m. in new york. your first look at today's markets in the latest breaking news. the federal reserve is expected to raise interest rates for the second time in policymakers wrap up their two-day meeting. this after employers added 235,000 jobs and the unemployment rate fell to 4.7% last month. inflation picked up to the 2% target as well. >> investors looking to see what janet y

we are seeing the nikkei down .03%.e breakdown of the markets as well as other headlines at the top of the hour. this is bloomberg. ♪ >> it is wednesday, i'm here in hong kong. is af you confirmed there link between president trump and russia during the election. there is no evidence to support claims his phone was tapped. comey said president obama did not have the power to order surveillance. another chunk of midtown manhattan could be about to come under chinese ownership. the media deal to acquire 245 park avenue. at $2.2 billion it would be one of the highest prices paid for a new york skyscraper. the tenants include j.p. morgan. reports

nikkei down. nicole: much like at home technologies under pressure. ope, under 1% at this point. cac quarante the same. dax in germany down three quarters of 1%. lauren: investors doubting whether donald trump can get his promises through. falling more than 20 points yesterday. nasdaq futures down 10 and a half. nicole: we have been watching oil that's been under pressure. 47.50 the barrel as gold has been to the upside and continues that move. lauren: yesterday the dollar hit a four-month low. japanese yen is stronger versus the dollar and that's one of the reasons the nikkei fell so much. nicole: 2.41% as people buy bonds. lauren: soon you'll be able to get your cosco grocery order delivered to your front door. cosco is teaming with service called ship, it's launching service for customers in tampa first and does plan to move into 50 markets by the end of the year. members pay $99, annual fee for unlimited deliveries, the home delivery service is one way that grociers are competing, kroger has teamed up uber and wal-mart has been testing with uber an

back to that screen, weakness coming through in japan's nikkei. down by about 2%. seeing markets across the region being sold off. tracking atg index, solid moves, down 1.3%. gold, dollar, oil well, currency markets looking week in asia. the weakness in japan coming despite the fact that we actually have some fairly good movement coming through in japanese exports. stepping a 14 month losing streak. every -- inro february. a look at some of the stocks we are actually watching. chinese banks, coming under pressure. climbs to benchmarks their highest level since april, 2015. the pboc had to inject hundreds yuanillions of your on -- in the financial system. i mentioned the big slump in iron ore. we will have a look at how that is impacting things. not a great day for investors that we have had that good run-up coming through over the last couple of months. some saying this is just a little bit of a correction. healthy correction, kind of like a detox after a big weekend. pboc,n the story of the injecting renminbi back into the system. tom mackenzie in beijing, let's ta

nikkei down by a 10th of 1%. all of the fed it today. holding at 75.62 here at the moment.dence inss conditions coming through out of australia and they were quite weak in february. it look at some of these commodities, a look at the rally on iron or. you have seen goals a little prudent trying to come back just a little after being in the red six sessions in a row. live from london at the top of the hour, this is bloomberg. this is "bloomberg technology" corey: intel's $50 billion acquisition of the year -- of the company. how tech giants are racing to get a foothold in the developers of self driving cars. intel moving the existing operations to israel and to mobilize business integration. about thatn asked decision and its associated cost savings earlier. million of75 synergies into this deal. it is right. they were going to move our thomas driving resources to israel. r&d in twoot of companies. that will bring those synergies into the hundred $75 million over time. >> a lot of options trading in the day before this deal was announced. stock will gohat higher is really so

you can see the losses across asia, the nikkei down one and 2%. there is risk of a cross asset. dollar is steady after a five-day decline. you're seeing yields come down across asia, 10 year yields down more than one basis point. metals tumbling, gold higher, oil down for third day. let's talk about volatility. we have been saying volatility is remaining low but we are seeing it jump back up, look at vix,ove index, look at the nikkei volatility set for its biggest percentage jump since november. definitely something to keep an eye on. let's take a look at the yen. the yen is on its longest winning streak in two months strengthening for seventh day against the dollar. point 55.111 where is the next stock to fall this currency pair? equities may have been resilient so far this your but the dollar has not been, it has been steadily falling since the beginning of the year. the dollar index has fallen almost 4% from a 14 yet -- 14 hit high. look at the real yield. i have the u.s. 10 year real year spread. the growth in treasury yields in recent days coupled with higher inflation means

japan's nikkei down 2%, plunging.e have seen the yen strengthened for its seventh consecutive session. that is playing into the markets. $3 million leading the declines among asian currencies. we are also seeing sovereign bonds, the yields continuing to rise. treasury yields falling in asia. the fourth executive session. a lot of people have tried to explain this coming from wall street. look at this chart that i have for you, it shows that it might not really be. this slum may have very little to do with trump or washington at all. investors have not been betting on potential changes. you are seeing multinational gaining around at the top panel. stocks are underperforming the s&p 500, and so on. this trade may be off right now, been on forave also quite a while. the seller could have a desk selloff could have a different meaning. yuse been on for quite a while. the seller could havef: that ise market. could this be the end of the trump trade wealth? take a listif you that the s&p 500. some of the key shares were bank

the nikkei down, but markets taking it in stride. korea is higher.focusing on the likelihood the fed will raise rates following janet yellen's comments over the weekend come so you are seeing good upside from asian equities across the board today. those specific stocks impacted by north korea's actions, you are seeing general strength run these south korean defense players and korean era industries up strongly. so, korea and focus on the back of this news that china has closed nine stores across rural china, lotte shopping down. a got hit hard on reports of china curbing tourism to south korea. cathay pacific rising strongly, up around 5%. the movement in korean stocks showing tension one would say, the understatement of that year, in terms of the korea-china relationship. versushe aussie dollar the new zealand dollar, now the highest level against the kiwi on the back of data out of australia and new zealand this morning. let's get you this story coming out of dubai. loserswere the biggest on sunday, falling to the lowest level in two months, on the

the japanese nikkei down .8%. the shanghai composite and china don't want%. the cost in south korea 10 to 1%. the hang seng in hong kong down a third. trade to the cac quarante higher just fractionally. lauren: stocks ipads and usb than a stick up for up four days and wrote another 6.5 points away from a record high. it's down four-point this morning looking at the futures. don't futures and 21 come s&p futures down two and a quarter. >> whistler by 13 cents. gold by $4 to 12.52 at troy ounce. lauren: markets in a holding pattern on taxes and health care. it's now a good time for investors to rebound their portfolios? with rob morgan can achieve investment officer at. good morning. >> good morning, lauren. lauren: if you look at the sectors, typed by far the number one performer of 12% this quarter. energy is the worst performer down 7%. my question is now time to sell some of the winners and bias in the now stocks? >> certainly that is a form every ballot being. we certainly encourage clients. every client has an allocation that matches up with risk and retur

a you have the nikkei down third of 1%.ng movement coming from korean equities today. 1% as there 7/10 of has been a huge inflow of foreign investigators -- investors in that market. hong kong is up half of 1%. some solid moves coming from shares today. some good movement coming through from property players. australia has close higher by a 31%. the other focus was the aussie dollar. have a look at this seldom you saw in the aussie dollar when the decision was handed down. they have recouped some of the losses and it is up about half of 1% at the moment. korean oneok at the -- yuan, as well. this is bloomberg. ♪ caroline: this is "bloomberg technology." i am caroline hyde. our top story this hour, president trump's new executive order on travel. the order will restrict entry into the u.s. by people from six predominantly muslim countries. iraq is no longer on the list. syrian refugees will be treated like other refugees. the announcement is more onerous in certain areas, with the suspension of the 15-day premium h-1bssing p

friend. >>> take a look at futures in the red after the rally stumbled on tuesday, we did have the nikkei downian stocks down about the most in two weeks, and europe's having some trouble getting out of the gate as well. it's time for the mad dash ahead of the market open, check in with cramer on ge, which is apparently been speaking to nelson peltz. >> yes. nelson peltz, try own 66.8 shares. trian got very excited in 2015. they made -- this is nelson peltz big embrace. remember they're an engaged shareholder, don't regard themselves as an activist, big embrace with jeff immelt, i think they felt very let down. that last quarter was very disappointing and they got ge to change some of their targets for bonuses if they can actually hit the industrial profit that trian thought they could. this is the magic $2 number. and i'm going to tell you, this may answer a big conundrum, was trian going to dump its ge, was trian going to push for a board seat? this is jeff immelt reacting to the fact that perhaps they can reduce the $2 billion that -- very aggressive targets that trian wants. does this make

the japanese nikkei down a half percent. hong kong and shanghai are lower as well. nikkei hitting a 14-month high yesterday. have some profit taking there today. >> let's look at broader markets. oil prices, which have had a soft couple of days, down 2.3% yesterday. down about 2.6% for the week as a whole. wti is, in fact, below the 50-day moving average. that's something to keep an eye on. as you can see, bouncing back a bth toda bit today, 52 opinion 7. ten-year note, yields have risen during the course of the week, much more so at the short end of the curve than the long end of the curve. the two-year is at the highest level for seven years. all eyes on janet yellen at 1:00 p.m., she'll be speaking in chicago. let's look at the dollar. the dollar has moved higher for the week. it's about 1% up for the week as a whole. about 0.4% move yesterday. as you can see, not doing too much today other than against the pound, we had some slightly soft pmi data, 1.22 the level of the british pound. gold prices to round things off, down about 2% week to date. the dollar has be

the nikkei is down. 19,259. most sectors are trading in the negative. pharmaceuticals, one of the worst performers today after president trump promised lower drug prices in the u.s. let's take a look at currencies. the dollar yen pair remains range bound now at 113.8. market players are waiting for the u.s. jobs data which is due out friday before making any major moves. the euro is holding steady against the dollar. it slipped on a rise in the polls of the far right anti-eu. candidate in the upcoming french presidential elections. let's move onto markets open this hour in the asia pacific. we're seeing modest moves. seoul's kospi up slightly. australia is down. china markets will open in under half an hour. >>> nhk has learned that on the part -- operators of the tokyo stock exchange had signed with s saudi. they want the firm to list its shares on their exchange. the oil firm is looking to offer its stock abroad in addition the exchange in the saudi capit capital. the tse is an affiliate of the group. the japanese side is called to provide technical a

the nikkei closed down 0.8% on thursday. many investors took profits after two days of gains and ahead of the fiscal year. but today's firmer dollar tone after the strong revised gdp data that you mentioned may boost sentiments. japanese exporters' profits tend to rise with a weaker yen, so that's a plus factor. toshiba may likely take center stage again. its share price rose on thursday. the spinoff of the memory chip division is designed to help the company. it could reach $9 billion. share price has plunged more than 50% since december when a multi-billion loss from its nuclear power business came to light. a lot of focus on toshiba like lib today. >> absolutely and for a while. now, you mentioned the firmer dollar. tell us what's going on. >> reporter: we saw that slight pop higher in the dollar. 111 poinl 84-86. it jumped after the release of that strong gdp data touched a one-year high. the yen fell after march inflation data for germany came in lower than the february figure. that dampened expectations of tapering mon

you're seeing the nikkei down a third of 1%. is helping the cost index up .02%.ng moves from korean defense players. shanghai is solid after the npc kickoff in beijing over the weekend. by aalia has closed higher third of 1%. moves see fairly solid through much of the stock day there. look at some of the other players in the region. south korean defense companies also coming under pressure on the reports that china has closed or suspended trade in china at some of the shops. .08% on friday. we are live from london at the top of the hour. this is bloomberg. ♪ caroline: welcome back to the "best of bloomberg technology." i'm caroline hyde. now back to the top story of the week. snap shares closing up 44% from its listing price, yet the company still has some things to prove. one big concern for investors is slowing user growth. on the roadshow, the company told investors it was due to an issue with its android product, but some were skeptical. we dove into it all with cory johnson and bloomberg intelligence. cory: fundamentally, for this company to grow in the valu

as anna mentioned, we have seen weakness, the naked -- nikkei down 4/10 of 1%.ut of the picture and look at the regional index, x japan, we are out for six succeeded -- consecutive sections. stock, we have seen toshiba in focus. reports that its memory chip business has about 10 potential bidders. share prices rose, closing higher by three and a half percent. carmakers in china and hong kong had down pressure as concerns of the discounting that the carmaker's offering will weigh in on their earnings. health care on the tear in sydney. this after a technical correction. michael mccarthy saying it is not very often you get a very strong quality stock at a low pay. we're always talking about the convergence between the japanese equity markets and the again, but they are narrowing. goldman sachs saying decoupling in this relationship and if we start to see the global economy, the japanese economy do well, we could see the yen and equities rise this year. anna? anna: thank you, juliette saly in hong kong. that's talk about g-20. steve mnuchin met with german finance

the nikkei down by .5%. we can is coming through in hong kong.ts declineending ahead of the npc in beijing. australia really hurt today by the weaker muscle prices. a huge slowdown and travel related socks in korea. really hit hard down by 13%. reports that china has proposed a curb to south korea in terms of trying to crack down on travel path -- travel packages. nintendo swiss consul, shares of 4% in japan. extending losses today. have a look at this shot as well. we know that the hong kong rally has been going very strong. the hang seng itself has had a great start to the year but that has started to teacher out. we are seeing mainland inflows into the hong kong stock market starts to dry up. the hang seng up 8% over the course of this year. anna: thank you very much. joining us from hong kong. he packed week. resulting in a drastic change in the rate expectations. three crucial voices, all of which carried the same forces. manus: today we hear from a voice that really matters. janet yellen. she delivers her economic outlook at 6:00 p.m. u.k.

down 1/10 of 1%. weakness on the asx 200. the nikkei is down one third of 1% in japan. volatility coming back through in today's markets. the nikkei gauge of volatility is high 44 consecutive session. currencies, wet are seeing the japanese yen, 114 changing. that was one of the major currencies to be rising against the dollar earlier in the session. we are seeing gains from the new won as well.orean looking at these commodity prices, look at that 5.3% gain in iron ore, we saw a huge jump in that commodity yesterday. crude oil rebounded after that 2.7% slump that we saw during the new york session. this is the one day chart after the oil price rebounding after the big slump we saw on the report out of saudi arabia, really hitting that crude oil price. one of the keys for investors, we await the fed. we see the oil contract really weaknessrol and cause coming through, as we expect from those energy players and airlines under pressure as we await the specific numbers. for that.nk you we will continue to discuss the fed the decision. says the central banks may be misguided

down by 11. in asia, the nikkei fell by 2%. reports of a failed north korea missile test for the drop. the hang seng fell by 1%. and the shanghai down by a half percent. let's look at european equities. in europe things are in the red. the dax and cac are down 0.6%. the ftse off by 0.8%. knitly, sto ly in italy, stocks are down about a percent. right now the dollar is up against the euro which is trading at 1.0874. down against the yen. and crude oil has been weakening even as the dollar had been struggling with issues. wpi down abo wti down by 1.43%. >> have we shown the ten-year? >> no. >> i would show the ten-year. 2.40. i will do a story in a second talking about fed speak again. who cares about the fed anymore, they're irrelevant, not at 2.40. 2.40. we were on our way again. we were on our way again theoretically to 2.60, 2.70, 3%. what does that say? does that say 1% gdp number in the first quarter stays at 1%? none of these things in the trump agenda come on time? or big as expected? are they delayed? >> does trump care lite mean tax reform light? >> or do we even get the taxes?

the nikkei ended down 0.35%, closing at 19,521. the broader topix fell 0.4%. lot of that bearish sentiment came from the relatively strong yen. the dollar hovered in the lower 113-yen range. during tokyo trading hours, that's after the federal reserve indicated future rate hikes will come at a gradual pace. now looking at individual stocks, pharmaceuticals were among the hardest hit. they followed the drop in drug companies on wall street on uncertainty about changes in the u.s. health care covererage. but strugglgling electronics mar toshiba saw a rebound after a media report that a government-backed bank might step in to help the company. investors are watchingg the g-2 meetings for clues about u.s. currency and trade policies under the trump administration. i'm john ladue reporting from the tokyo stock exchange. >>> all right. most other benchmarks in the asia pacific closed higher. investors are less worried about capital outflows after the fed guidance. seoul's cospi gained 0.7%. indonesia rose 0.4%. taiwan's taiex climbed by 0.7%. that's the highest leve

the nikkei closed down 0.1%, closing at 19,609. the broader topix fell by about the same margin. looking at individual stocks, the main focus of toshiba. its shares briefly plunged m mo thanan 8% as the company annound a delay in earnings for the second month in a row. its shares later recovered, closing up nearly 0.5% after the news that toshiba plans to sell majority of its stake in westinghouse. mitsubishi heavy was up nearly 5%. the company was ordered to pay significantly less damages than expected in a lawsuit claiming it sold faulty steam generators to a u.s. nuclear plant. investors will be holding their breath ahead of the fed's decision on wednesday. and the bank of japan's policy decision on thursday is also playing on their minds. i'm phoebe amoroso reporting from the tokyo stock exchange. >>> other benchmarks from the asia pacific region also traded in a narrow range. indonesia added 0.4%. in china, the shanghai composite edged higher to finish at 3,239. seoul's kospi extended its rally for a third day, hitting its highest level in nearly two years. investors saw pol

that send the nikkei lower, down 0.5%. elsewhere markets have taken this in stride.ia also had a good day. korea, supported by samsung today. looking at the individual stocks, you did see the south korean defense players looking very strong today. korean air space, up 2.5%. the china and a south korean tensions continue, though. there are reports that china has closed stores across rural china. and the capex in hong kong, jumping the most in one year. this is after the price target was raised more than 6% on the stock. the vice chair was jailed one month ago. but if you look at this chart, pricen see the target is still very much above water, all the way going back to march of last year. not once has it been in the red. this is still very much viewed as a valid and a strong stock. much,thank you very juliette saly. let's talk about the banking sector in europe. a big story for european markets. the deutsche bank share price could be down 10% at the start of trade. deutsche bank has announced an 8 billion euro share sale. directors at the german lender also gave the g

european indices down and in asia overnight declines across the board. nikkei average in japan hit the hardest, down better than 2% as you see there. hang seng and hong kong down better than 1%. meanwhile neil gorsuch heads back to capitol hill. he faced nearly 12 hours. it was brutal. we have all the highlights. it went deep into the night. president trump's labor secretary alexander acosta facing his confirmation hearing yesterday. comes after labor nominee puzder announced retirement. shut hundreds of thousands of accounts because of ties to terrorism. apple expanding to giant. cheaper ipad and new red phone, red iphones that are limited, limited basis there. the stock pulling back this morning but hit an all-time high yesterday and down right now about half a percent. remembering a tv legend this morning, chuck barris, crater of the gong show dead at 87. all the stories this morning and joining me to talk about it fox business dagen mcdowell, brian and kristin. good to see you. >> good morning. dagen: good morning. maria: what a day yesterday. dagen: i watc

nikkei down the 14%, extending losses for a second day. kospi snapping a three-day climb. look at what has been going on with the oil price. in the newalmost 3% york session to almost $47 a barrel. this opec data shows saudi arabia increased output in february, although it is still blows -- still below that feeling. take a look at what is going on with toshiba shares after tuesday's closed management out a presentation. the odds are rising for the earnings delay. today we find out if the company is at risk of delisting. a plan to to submit improve internal control to the tokyo stock exchange. today we are seeing shares open -- i'm sorry, red it hasn't quite traded just yet. take a look at what is going on with samsung stock. we are seeing it still trade near the record high that it hit trillion, about 2.0 6 down by 3/10 of a percent after planning on tuesday. it is reviewing a shift into a holding company. there is speculation an announcement to be made in may on that front. local media reporting the company is to invest in a new production -- chip production line, with pr

it began to strengthen after four sessions of losses, weighing on the nikkei 225, down 6/10 of 1%. 6/10lso being of 1%, weakness from those developers today. they are the area of industry that has driven up at that rally we have seen. shanghai also down ahead of the conference in beijing. around for tenths of 1% on that index. we havea, the fact iron, gold, copper, soaring in the overnight session. have half an hour trade to go, down by almost 1%. gold players lagging. fromess coming tourism-related stocks in korea. a quick look at the japanese vending, 114ink for six days. in hong kong it is the top of the hour. yousef: welcome back to the best of bloomberg markets: middle east. saudi aramco will invest $7 billion in an oil refining project developed in malaysia. shery: that deal was announced when visiting kuala lumpur. southeast asian correspondent. >> it is significant for several reasons. it gives the malaysian project a big financial boost. it is a $27 billion development. malaysia has been grappling with weak or oil prices. it is significant because the two national oil comp

nikkei pointing down at the moment. aussie model, down after a bit day on thursday.sporting down just a touch at eight points lower. keeping and i on the core group at the open. macquarrie as just a by -- agreed to buy the petroleum trading business. no terms have been given so far but the deal is expected to close this year and it strengthens their hand in commodities as other lenders have been retreating from that sector. quite a bit of earnings out today to shanghai electric, csc, keep and i on when the stocks start trading in asia. i am paul allen in sydney. more from "bloomberg technology" next. caroline: this is "bloomberg technology." i am caroline hyde. back to a story we've been following, president donald trump's second travel ban was blocked by two u.s. judges hours before it was set to go into effect. tech companies continue to challenge his immigration reforms. the tech in history has been concerned with trump's plan to slow h-1b visas, the visas that tech companies use to fill high skilled positions they say cannot be filled by u.s. workers. any report

the two cents spread is down the wire. , you might be ashamed have a lot of the other movers. the nikkeiown 20%, in today's session, which is completed and now the russian ruble finishing the quarter below 57. the mexican peso stronger as well under 19, although even back some of that strength. if you take a look at bonds, look at the south african space, we are seeing a lot of movement with all of the political instability of happening in south africa. let's get abigail doolittle with a look at how various assets have performed for the quarter. looked at a nice rally for u.s. stocks in the first quarter of this year. on the last the of trading, not a lot of action. look at the quarterly performance for major averages in the u.s. both the dow and the s&p 500 are on pace for the sixth of quarter in a row. the dow, the longest quarterly winning streak since december 26 -- december 2006. the outperformance for the nasdaq off about 10% in the quarter. underperformance from the small-cap russell 2000. but have a look at this in the bloomberg by taking a look at g #btv 7344, in white, the six

in japan, the nikkei 225 down about .3%, falling for a third day, and this morning, we had abe confirming that a threat from north korea has reached a new level. korea on the highest possible alert amid provocations from pyongyang. the nikkei reports this company bendable screen capacities of the stock up 2.3%. today. a board meeting what they are due to announce, potentially changes at the top. yesterday, reports that the president was to be exiting. the stock down about 2.4%. taking a look at what is going on in australia, miners dragging in sydney. gold stocks falling. prices -- bullion slumping. yvonne, there were some news for positive-- outlooks. cleaning services spotless group up 2.5%. one of the gainers today in sydney. betty: thank you very much. filingmp administration that new executive order banning entry to people from six muslim majority countries and this one fingers intove survive court challenges that stymied the first ban. ramy inocencio is here with the details and i just want to mention, you know, as trump seems to be roiling the markets again and relationships in sev

down 0.4% for the previous mouth. >> and south korea will be holding a plthold ing a presidential election on may 9th to replace its leader. the nikkeilosed down, same with the hang seng. the shanghai closed up. an interest rate hike today is priced in, will the tone change? will the language change? will they remove the word gradual to imply the outlook has improved so much they will have more rate hikes this year. >> interebank of japan decisiont tonight. usually out tuesday night, wednesday morning. i wonder if that was pushed back to see what the fed is doing. just thought of that on the spotted. also focusing on bank of england and bank of japan tomorrow. european equities are higher. 0.3% for germany. ftse 100 up 0.2%. the dutch goes to the polls today. we'll have a live report from holland in the second block of this show. the results of that expected around about this time tomorrow morning. >> as for the broader markets, there's been drama in the oil market weighing on stocks over the last day or so. we got api data showing a surprise draw down in u.s. crude stockpiles. later this morning, it's wednesday, the official invento

now, the nikkei has been down for three days in a row. largely on the back of a pullback in the dollar as investors paired back their estimation on the number of rate hikes by the fed. the main claim which looks to be dampening is the market players' lower confidence levels that the trump administration may be abl legislation from its campaign promises, says so many related sectors and japanese shares here, for instance, in banking, also construction machinery and heavy industry may be lagging somewhat as well. >> and ramina, a falling dollar has been weighing on exporters here, and, actually, the dollar then going through another key level earlier. tell us what's going on with currencies. >> exactly. we traded below yet another key figure there. talk with 111. actually it traded at 110 yen levels just briefly. it popped back above that, as you can see. 111.34 right now. hitting flows on wednesdour-mon wednesday as well. separately we need to keep an eye on crude oil prices and how stocks in energy sector may trade. brent crude fell below

down by half a point. the nasdaq up 3 1/2. this after a mixed market yesterday. look at what happened overnight in asia. you'll see the nikkein by a third of a percentage point. some slight gains for the hang seng. shanghai composite down by

nikkei trading down in tokyo. looking at things like the dollar is dropping to two month low.ing at u.s. index futures down to six week low. positive economic data out there, but not listed by investors. of course government bonds rise in price. seen the gold price up to one month high. japanese yen trading strongly against the dollar. another story out watching with united airlines. they have been stopping a couple of passengers from boarding their aircraft recently. pass writers didn't adhere to dress policy. created a twitter storm as you can imagine. two young girls were not allowed to wear leggings because it did not adhere to strict dress policy. another pr disaster for united. >> united barring leggings. i don't know if that's the greatest idea. live from london. thanks so much. >> still ahead, civilian death hit a record high. does the trump administration need to rethink rules of engagement. plus. >>> let me tell you a little bit about the judge. you don't want to listen. >> he was trying to voice support for president's supreme court nominee. as you saw there, consti

the nikkei closed down by about 2/10 of 1%. the topic in yen, very unchanged.korea's missile taken in their stride. we saw one of the best performers in the region, the one -- you on also strong. the fx 200 closing higher by a third of 1%. looking at stocks in detail we have been watching. rally continuing for a second session. china life insurance company by 18% year to date. korea pacific, a standout in the session. we have seen a huge influx of foreign investment coming into south korea. stocks 34.8 percent according to data obtained by bloomberg. also energy stocks getting a rally. this is a malaysian oil producer. it is on the likelihoods of further output cuts from opec. the rba decision, no change. we have seen the aussie dollar in focus. 65.27. with those red bars, the aussie getting resistance trying to get below that 75 u.s. set level. this is where the rba would be more comfortable with the aussie dollar. today, we sold down a little when the rba came through with its decision. but then up again. $.76 for the aussie dollar. thank you very much. julie