shery i'm shery ahn. paul: the u.s. hit record highs for a third straight day, president biden is planning the first major federal tax hike in decades, corporate and capital gains as well as high earners. beijing is said to be concerned about the technology giants influence over public opinion. and, we will talk to ceo after the multibillion-dollar deal. shery: let's get started with a picture on wall street with all u.s. stocks finishing at a record high. the s&p 500 being led higher by utilities. tech firms also rose. treasuries, 10 year bonds headed high. oil, wti, seeing as the deepest since january. really signaling oversupply in the markets, paul. paul: yes, unsurprisingly we are excited to see a risk on day. the futures pointing to an open, nikkei futures also pointing higher. we have also seen yields easing back about 58 basis points, we will be hearing from the reserves later on. now, let's get over to vonnie quinn. >> germany joined france, italy and spain and suspending the use of the astrazeneca covid vaccin

shery: paul allen in sydney. to tune in to bloomberg radio to hear more from the days big newsmakers. listen via the app, radio plus or bloombergradio.com. plenty more ahead. stay with us. ♪ shery: bitcoin has been slighting this week. its longest losing streak since december. demand for cryptocurrencies will not disappear and central banks will get on board faster than people are expecting. she spoke exclusively to erin schatzker. >> we think the whole infrastructure around crypto is really interesting and we have been making some investments into that infrastructure and we think that is at an inflection point. i would say it is everything from exchange asset manager custodians to the mundane like tax reporting on your crypto gains. and everything in between. we think that is interesting. when it comes to crypto generally, i think there are some -- we are at a really important time in that something like bitcoin might have stayed a fringe as set but for the fact that for the last 12 months, we have increased mon

shery: coming up, u.s.retary of state antony blinken and defense secretary lloyd austin meet with counterparts in tokyo. this is bloomberg. ♪ >> this is "bloomberg daybreak: asia" germany has joined france, italy, spain and part of ago -- portugal, suspending use of astrazeneca's covid vaccine despite assurances of the eu regular the shots are safe. governments are holding up on vaccinations after reports but experts say benefits outweigh risks. president haydn is said to be planning the first major federal tax hike since 1993 to help fund a long-term recovery program and the next economic plan is said to be bigger than the $1.9 trillion pandemic relief bill. sources say the white house is considering a slew of tax increases including hikes for corporate tax rates, capital gains, and income tax for high earners. the eu has launched legal action against u.k., for delaying and limitation of a key part of the exit deal in northern ireland -- the brexit deal in northern ireland. critics argue the unilateral dec

shery echo shery: less than an hour from opening trade in china. we are holding our breath.ide since reopening after the lunar new year. let's bring in david. the securities time has come out, telling investors to stay rational. that is no fun. what is emerged? -- what themes have emerged? >> it helps sometimes to be amount -- air -- it helps sometimes to be rational, it helps sometimes to be emotional. this applies to markets, in this case, i think of 1967. the righteous brothers. love and feeling. are a member this conversation i had with one of our guests back in december. we talked about looking at what happened, this group was the worst performing group. china was first in, first out of corona. they as that allure disappears, china then moves on, from an earning perspective as well. there's been a rotation out of your leaders last year, china included. from an earnings perspective, we measure normalized 12 month eps. it could be a conversation. there is tightening bias. on the pboc something to watch. everything from marrow inc. -- narrowing brett to slowing momentum. a

shery: thank you so much. let's bring in brian jacobson, chief portfolio strategist at wells fargo for more on the bigger picture. great to have you with us. we know these block rates are not uncommon, but the size and magnitude that happened during normal trading hours, what is this? is it a one-off? guest: we hope so, but it seems like we've had many one-off events that could shake investors comments -- investors confidence. all these big block trades and thanks to the great reporting at bloomberg, we are getting more clarity as to what the motivation was behind it. one of the things we were wondering is you see the price action and you wonder if it is fundamentally driven or if it is something else. this is a big case of that something else and it would be more interesting if these were penny stocks were very thinly traded stocks, but some of them are fairly large names, so it makes it that much more puzzling as to why it happened and why the price action was what it was. haidi: when you are looking at fund

this is bloomberg. ♪ shery: welcome to daybreak: asia from new york. i'm shery ahn.s have just open for trade. our top stories, the first high-level talks between chinese officials and the biden administration began with pickering alaska. both sides crew size each other -- both sides criticize each other over a range of issues. written -- renewed concerns over inflation and the bank of japan will end months of speculation with the policy tweaks expected for bond yield management and asset buying. shery: pressure across equity markets. soph? >> we are seeing losses early in the friday session. we saw the nasdaq fall about 3%. the 100 raising once again. the nikkei 225 losing a 10th of a percent. this is on the boj's policy review ahead of that. prices falling for seventh straight month. underscoring the difficulty of the central bank when it comes to inflation. the yen is steady below 109. the strengthening doctor -- strengthening dollar and jgb traders will see if there are tweaks to the white tc program from the central bank. we may see the 10 year fluctuate. what's

shery: i am shery on welcome to "daybreak: asia." the fed stays dovish with jay powell signaling rates are likely to state near zero through 2023 despite an upgrade for the u.s. economy's outlook. he sees inflation settling back after jumping this year. asian stocks look poised to climb after that message from powell lifted u.s. equities. treasuries advance as the fed remains tolerant of the recent rise in yields. the u.s. looks to ban more chinese carriers from the country saying they are a security risk controlled by beijing. haidi: let's look at how the markets are joining the fray. what do you think, sophie? sophie: markets taking things in stride after the handle from wall street. little changed but to the downside with pharrell and bigo industries going so far on the share market in sydney. the aussie dollar holding above 70 ahead of job did i do from australia, this also as the dollar fell in the wake of the dovish dance -- stance from the fed. keep an eye in new zealand, travel related stocks gaining ground amid prospects of

shery: i'm shery ahn in new york.rs grow as astrazeneca jabs are halted on blood clotting reports. new south wales finds the new infection puts hundreds and quarantine. asian markets fac

shery: good morning from new york. haidi: asian markets will bring the first response to a search of block trades that rattled investors worldwide. wiping $35 billion from stocks, raising questions about who was behind the trades and whether more on the way. the battle over allegations of human rights abuses in china continues. beijing announces retaliatory sanctions against individuals in the u.s. and canada as the corporate fallout spreads. australia's job keeper brings to a close the nation's largest covid stimulus measure. we will take a look at what lies ahead. shery: one of the most anticipated opens in u.s. equities. we are seeing u.s. futures at the moment open slightly down under pressure, .1%. this after the search -- surge that what $35 billion, overshadowing the record close on wall street last week. down .4%, still above $60 a barrel after it fell for a third straight week. it has been a very volatile week . we continue to watch the suez canal as we head towards the opec-plus meeting on thursday. of course

shery: from new york, i'm shery ahn. haidi: top stories this hour, jay powell downplays the risk of higher prices this year. he says inflations will not get a hand. worries of rising virus cases and new restrictions will delay the agree opening, oil drops below $60 a barrel amid those concerns. and, intel with ambitious plans to take on the world's biggest chipmaker. shery: here is the picture on wall street, u.s. futures rebounding a little bit after stocks fell in the regular session. reopened trains over nerve pressure, s&p 500 lowered, the russell 2000 had the worst day. put into perspective, it is the one-year year anniversary of the s&p 500 bear market bottom, we have restored 75% since then. 10 year yields down for a second day after jay powell played down the risk of inflation. oil dropping below $60 a barrel. haidi: not much of a way to celebrate that anniversary. asian markets are expecting a meager start. we do have training underway in new zealand, about a 10th of 1%. announcing the delivery of the annual bud

shery: we always appreciate your time.pected moderation in the medium and long-term. >> it was an internal issue. it was an operator issue that was fixed and is back up and running. >> is this likely to happen again? does this undermine the fed's argument that you should be the main paymaster? >> i don't think this will happen again. these things to happen. systems do click up and click down. i think we have addressed this one. >> employment is the highest in two years. prices paid is the highest since 2008. what struck me about all of that where the comments from manufacturers. you have people saying that things are now out of control, everything is a mess and we are seeing widescale shortages. we are so overloaded with orders and don't have the personnel to get product out the door on schedule. prices are rising so rapidly. early overheating in manufacturing -- are we overheating in manufacturing? >> you do see this situation, a lot of them close down for a few months last year. a lot of the excess savings in people's po

shery: what stocks are you looking into? have found positions in small caps but not all small caps are equal. >> that's right, the true thing for us is the structural growth in china. and while we have said that many times we truly believe it is there, you can see it in the mpc meeting in terms of 11 million urban job creation, unemployment 5.5% the target, steady cpi at 3%. we believe in the growing middle-class. right now 400 million middle-class in china, or even 400 million chinese millennials, people born after 1980 -- 1995. and we believe that will be structural in china for 10-20 years and they're still businesses, and we are finding true value there, so we have been selling some of our big caps and holding a bit of cash at the moment which we do not like to do. we are finding opportunities. the selloff has been broad-based but there are some opportunities. haidi: i understand you cannot disclose those positions they are both in the small caps space. is that because you see less of the extreme leadership rotation with

this is bloomberg. ♪ shery: welcome to daybreak asia here: i am shery ahn. stroud-watts. asia's major markets have just open for trade. our top stories, asian investors pricing for renewal about to stop bond utility after -- the nasdaq something to a two month low. china prepares to open its top economic meeting with growth and hong kong said to be on agenda. america's top diplomat called dealing with beijing the challenge of the century. asia's riches are jumping on the fast been waiting investing in companies that have taken global markets by storm. shery: japan and south korea coming online. let's turn to sophie and hong kong. sophie: risk often coming to for asia's markets this thursday. nikkei225 losing more than 1% this morning while the yen is trading around 107 following overnight highs in the dollar and -- are headed lower ahead of a 30 year option. fast retailing losing ground this morning by more than 2%. the company is saying it will be cutting out of japan credit prices by 9%. we are seeing japanese stocks against the backdrop of whether or not

shery: i am shery ahn in new york. welcome to "daybreak asia." japan's biggest lender flags a loss that may be linked to the fallout. jp morgan says the total tally for banks could add up to $10 billion. most asian stocks look set to climb on the last trading day of the quarter. investors eyeing more u.s. stimulus while staying weary of upward pressure on bond yields. mission incomplete. the world health organization says its probe into covid-19's origins did not properly waive the possibility of a leak in china and it could go back for more data. china finalizes a sweeping plan to control the outcome of hong kong's elections. the city's former chief executive tells us it will help the government focus on key issues. we start with breaking news out of south korea. we are getting industrial production numbers and they are upbeat on the month on month and year on year numbers. when it comes to month on month, it is a growth of 4.3% and it is reversing a contraction in the previous month and it's also higher than the estimate of 1% growth. the year

shery: i am shery on welcome to "daybreak: asia."ys dovish with jay powell signaling rates are likely to state near zero through 2023 despite an upgrade for the u.s. economy's outlook. he sees inflation settling back after jumping this year. asian stocks look po

shery echo shery: we will watch china very closely today.premier and speaking the anytime now. our market coverage continues as we look ahead to the start of trading in hong kong, shanghai, and shenzhen. say time -- standby for bloomberg markets, china open. this is bloomberg. anchor: welcome to bloomberg markets china open. we are live from beijing. just minutes from the start of china's biggest political speech of the year. as the premier get set to layout beijing's blueprint for the next five years. >> we will be all over the story here and all the other angles surrounding what is

shery: paul allen in sydney.g up, nissan's former top lawyer who led an internal investigation into alleged financial conduct. we will have details, next. and be sure to tune into bloomberg radio to hear more from the days big newsmakers. and to get in-depth analysis. listen on bloombergradio.com. plenty more ahead. stay with us. ♪ shery: nissan's former top lawyer says he endured retaliation, demotion and surveillance of his family after questioning the integrity of an investigation into alleged financial misconduct. speaking publicly for the first time, former global general counsel told us that after writing a memo to the nissan board outlining conflict of interest, he was frozen out. here is part of a report for quick take storylines. >> within three days of me submitting that to the board of directors, i was removed from the executive conduct masses. i was then told that i could not attend board meetings anymore. and, up until that point, i had attended every single board meeting. i was then also told that a

shery: i am shery ahn in new york. welcome to "daybreak asia." jay powell continues to downplay the risk of inflation, saying it will not get out of hand. janet yellen says deep pockets of pain persists in the economy. ambitious plans to take on the world's biggest chipmaker, tsmc, pouring billions of dollars into new fact reads and its foundry business and yet another wall street bank joins the ranks of those monitoring long hours as the demands of working from home take a toll on the employees. we have breaking news out of south korea we are getting a statement from the bok governor saying the 2021 growth and inflation rate will likely come in above previous forecasts. a month ago, they raised the inflation forecast to 1.3% because of the economic recovery higher oil prices. the governor saying they will adjust monetary stabilization. bond issuance is needed. the yield spread has widened faster than expected in march. government bond purchases will depend on pace and strength of yield gains and they will be seeing market volatility that could r

shery: good evening from bloomberg world headquarters in new york. i'm shery ahn.aidi: antony blinken in his first trip to asia, accusing beijing of coercion and aggression. talks between the two countries this week could be difficult. france and italy could make a u-turn on the astrazeneca vaccine. they had did they will lift suspensions if medical regulators say the shot is safe. u.s. stocks snap a five-day winning streak, energy and industrials leading declines, the 10-year yields little changed as the fed gets set to meet. shery: look at u.s. futures, under little pressure after falling from the record high. there was a little correction in the markets today. we saw the s&p 500 falling, energy and industrials leading the decline, big tech gaining ground, the nasdaq 100 finishing .5% higher, the 10-year yields rising above 160, hovering near one-year highs. it fluctuated as we have the fed reserve beginning their meeting. we have retail sales tumbling, affected by bad weather. oil seeing its biggest fall in a week. we are seeing a little upside in the asian sess

shery: welcome to daybreak asia. i'm shery ahn. haidi: i'm in sydney.r markets just open for trade. set to track the s&p 500 rose amid progress on vaccine distribution and an end to summed -- to some restrictions for banks. present biden says, not on his watch. he is taken to outspend on china when it comes to innovation and infrastructure and maintain america's position as the world's biggest superpower. and still stuck in the suez canal. shipping companies are forced to choose between waiting it out or going the long way around. it could hit the global supply chain hard. shery: japan and south korea coming online. real estate and communication stock leading the gains on the nikkei, extending the sessions -- the second session of gains. the yen holding steady. after two sessions of losses against the u.s. dollar. we did get tokyo march core consumer prices coming in at -- declining less than expected and also we are hearing the japan plans its range or yen program to help local tourism industries. take a look at the kospi. it is gaining ground for a se

shery: our top stories this hour. president biden launches his campaign spending plan, already drawing opposition from public and lawmakers. asian stocks set for a firmer open tracking gains in the u.s.. traders are assessing biden's plan and what it means for the market. the sec is said to have started an investigation into bill huong. -- hwang. the investigation is in early stages and may not to allegations of misconduct. haidi: taking a look at a couple of key stocks. amp, appointing a new ceo, as well as cba for the lawsuit is that it is facing -- lawsuit is facing. a mixed picture for the dollar overnight. throwing ahead to japan, we are awaiting numbers as well. a quarter of a percent higher for futures trading in chicago. shery: president joe biden has kicked off his $2.25 trillion structure push, setting the stage for a drawnout battle. the american jobs plan lays out an eight year package that features spending on infrastructure, eldercare, and research along with corporate tax increases. >> anyone making ove

shery: thank you very much for your time.hear from legendary investor bill gross saying he is short treasury futures and long wants. >> -- long bonds. >> i am short treasury futures, short the long beach to a certain extent. >> i heard you made a tidy sum trading gamestop in the january short squeeze. >> i got into early. i got in with options like a good robinhood trader. selling options, not buying options. i had around the 150, $200 level. there is wisdom saying sell to the sleeping point. i didn't, but i managed to overcome my insecurities and write it all the way that down. -- ride it all the wy back down. -- the way back down. i am still seeing call options. volatility is superhigh and that promotes the ability to make some money. >> see you are effectively still short gamestop. -- so you are effectively still short gamestop? it's not like you are borrowing a position in the cash market, but -- >> it sort of is. if the option comes do you are forced short shares. but right now, the borrowing rate on short shares is only

shery: boycott by home?ep thinking of these democratically minded allies coming together to push back against china and perhaps that would be easier for washington to deal with. when it comes to issues like myanmar, we saw almost nothing from asian countries. >> the talking point or the bumper sticker of working with allies to get stuff done on china has proven to be a bumper sticker in part because it is hard to find a coalitions who have overlapping interest on china given the economic relations. this is going to be a significant lift for the biden administration. the u.s. is pivoting off of the you sign and 8 -- the e.u. if you talk to folks across the european union, they're looking for answers for how they can think of ways to confront chinese capitalism. if you look at asean nations, many of them see china as a revisionist power in the region. even if they have economic enter linkages and see china as the dominant power, a lot of them are looking for leadership of small coalitions to find ways to addre

shery: breaking news.tting in email statement from archegos saying all plans are being discussed for the path forward. this is the company at the center of the forced block trades that forced them to sell $20 billion at archegos capital management. this may be the largest margin call in history. we are getting comments on the email saying all plans are being discussed for the path forward. of course, we have seen wall street unraveling with this forced block sale. the banks will be taking meetings this week as well. we are going to be watching markets for repercussions. chinese apr's are at the center of the drama. they were under pressure during the u.s. session. let's turn to sophie for the south korea and japan opens. sophie: focused on numerous shares, which are heading lower. -- namura shares, which are heading lower. the stock trading the lowest since february 5. jp morgan coming through with the downgrade for the stock given that it may not be able to recover from losses. the nikkei just holding as

shery: great to have you with us.he sec has opened a preliminary investigation over the leveraged traits that roiled wall street. how deutsche bank managed to dodge a billion-dollar loss. we have the latest ahead. this is bloomberg. ♪ haidi: let's get to the latest to the fallout over the implosion of the family office run by bill kwong. we have been following this story from the beginning. what have you learned? su: confirmation the sec has begun a formal civil probe, that it is in its early stages, and it is being led by the active management unit of the enforcement division. we also find it unusual when a fund has blown up the way this has. it is not necessarily going to lead to allegations of misconduct. they were unable to meet margin calls last week, forcing a number of banks from goldman sachs to credit suisse and others to unwind $20 billion-plus in positions, most of it in one day -- friday -- and some of it extending too early this week. the sec has previously confirmed that the ceo was the subject of a prio

shery: i am shery ahn. haidi: asian stocks set for a higher open. a dip in treasury yields is providing a tailwind for equities. the hong kong listing could encourage more chinese companies. we will be hearing exclusively from robert lee. the u.s., u.k., and e.u. sanctioned china over alleged human rights abuses. beijing hits back with bands of its own. shery: we saw u.s. stocks gaining with tech leading the gains. investors focused on congressional testimony by chair powell and secretary yellen. we saw small drops in treasury yields helping to provide the tailwind for risk. the 10 year yield falling from the 14-month high. we also have the dollar falling. futures unchanged at the moment. let's see how asian markets are shaping up. haidi: we are eyeing a slightly higher open on the back of the tailwind we saw equities in the u.s. get from the reaction in treasury yields. kiwi stocks up .7%. data coming out later today including home prices. futures pointing a little bit lower, .3% for australian contracts. we are also looking ahead when it comes to

shery: i'm shery ahn in new york. vaccination fears grow as astrazeneca jabs are halted on blood clotting reports. new south wales finds the new infection puts hundreds and quarantine. asian markets face the heat from bond yields ahead of this week's key fed meeting. the dollar is mixed while oil faces renewed pressure. bitcoins dramatic surge continues with the original crypto coin briefly topping $60,000. bitcoin traded for just a few cents a decade ago. haidi: taking a look at markets, we are seeing a pretty decent start to the trading day when it comes to australia and new zealand. we are on track for a fifth straight day of gains, the longest winning streak in two months time. australian markets in sydney are coming online in that staggered open. not much action there. pretty flat. we are watching some of the oil majors as well as the miners given we are expecting a day-to-day louche out of china today. we are looking ahead to some rolling growth numbers when it comes to industrial production. as well as retail s

shery: shery. let's -- shery. shery: let's turn to goldman sachs.second executive to leave goldman's top decision-making body following the exit of the cohead. our guest joins us with more from new york. some high-profile exit. what do we know so far about them leaving the company and how significant is this? >> it is significant only because we have seen a lot of senior-level positions change over at goldman in recent days, let alone recent months so we have also seen a very senior leader in the merchant banking division leave the firm. we have seen two major consumer executives leave to go to walmart. that was a big area for goldman sachs and now, remember, a bank's general counsel is really a confidant to the ceo. they are a heartbeat away like that. they worked very closely and now we are looking at kathleen rambler taking over as the firm's new top lawyer, a former white house counsel during the obama administration, head of regulatory affairs and something to continue on with david solomon defining his era. haidi: so what next in terms of the

shery: i am shery ahn in new york. welcome to "daybreak asia." tech shares -- the trade.ollowing treasury yields serve as a tailwind for equities. a hong kong listing could encourage more chinese tech homecomings. we will hear exclusively from the ceo and cofounder of this company. haidi: the u.s., u.k. and e.u. shanks than china for human rights abuses in xinjiang. beijing retaliates immediately, putting western nations relations on course for a father downward spiral. haidi: this is how we are seeing the sydney open. some tailwinds for asian stocks following the high. we see tech making a return ahead of what we saw overnight, the bond yield situation dipping, and we have a series of very closely watched bond auctions later this week. that asx 200 up. futures trading lower 0.1%. aussie dollar seeing some downward momentum. also in side when it comes to the kiwi after the government allowed a new branch of restrictions as house prices continue to search in new zealand. . the kiwi. is holding onto gains of 0.5%. when it comes to trading in u.s. futures, we saw the nasdaq

. >> i am shery on. -- shery ahn. looking to daybreak asia. antony blinken vows to reply -- rely on innovation, not ultimatums. set for a mixed start to the day after tech stocks led the decline in the u.s.. investors are leaning away from companies that thrived in the pandemic. >> let's take a look on -- at the state of play. the start of trading in australia just getting underway. this is what we see, about .1% lower. we are seeing this rotation out of companies that did well during the pandemic. oil is hauling on -- holding onto most of those gains. we should be seen energy and mining gains in australia. the aussie dollar, not much of a change. coming off of its recent highs. analysts say we could see it lower. kiwi stocks are up by .1% this is where u.s. futures are steadily at the moment little change after we saw that tech slide in particular. s&p futures are looking pretty flat at the moment. geopolitical tensions are entering the fray as we continue to watch what happens between korea, japan and china. we heard news of a ballistic miss

shery: welcome to daybreak asia. our top stories. asian stocks are poised for a cautious start to the week with rising bond yields and inflation still very much in focus. the turkish lira plunges to a record low after another central bank chief gets replaced. china and the u.s. end two days of meetings without any announcements. both sides called of the talks candid and constructive. the vaccine spat between britain and the e.u. opens barely healed wounds. haidi: you mentioned we are looking like a cautious debt up to a -- cautious set up to a new trading week in asia. we will be watching for moves when it comes to some of the major insurers given we are still experiencing this once in a century heavy torrential rain across much of new south wales. we had a report from australia saying they received more than 2000 claims already. we will continue to watch some of the insurers. we have seen modest gains when it comes to the start of trading in asia. watching for emerging markets after we had the huge plunge in the turkish lira. anothe

shery: from bloomberg's world headquarters in new york, i'm shery ahn. >> trade acrimony and acquisitions in alaska will be about what comes next in relations between the two biggest economies. the latest policy of people, the president installed his fourth central bank achieved in less than two years. in the worst flooding in decades in sydney, the vaccine rollout with wet and whether -- wet weather forecast will continue in sydney. we do have breaking news on credit suisse, we are hearing that the credit sweep conversation with bloomberg, signaling a potential plan to spin off the asset management business. saying that it is further separating the asset management unit from the rest of the bank. this after the capital collapse. we are also learning, from this conversation, he sees real opportunities in the private banking sector, seeing the potential in the asset-management unit, saying their focus on getting cash to invest further. that is the ceo speaking to bloomberg television interview. he says that the capital issues are mostly asset -- capital management. the idea of making asset

shery: here's a quick check of the markets. on wall street, we saw the tug-of-war between growth and value continue with u.s. stocks falling from record highs. the nasdaq 100 erased all of its gain for the year. stay-at-home winners all turning lower. financials the only sector in the green on the s&p 500 with 10 year yield treasury yields climbing above 170 for the first time in over a year. we had wti seeing its worst day since september. five days of losses taking it to its longest stretches of daily losses in more than a year. we had vaccination effort stalling and a stronger dollar. let's see how we are setting up across asia. sophie: this friday, kiwi stocks may be an outlier because futures elsewhere are signaling losses after we saw the declines on wall street with market volatility perking up as well. we are seeing curb steepening stall for australia. the 310 gap eying the people we saw in february. the 10 year yield gaining some ground. watching to see whether banking stocks will climb higher to track these elevated y

we are counting down to asia's major market open. >> i am shery on. -- shery ahn.daybreak asia. antony blinken vows to reply -- rely on innovation, not ultimatums. set for

shery: i am shery ahn in new york. welcome to "daybreak asia."gest lender flags a loss that may be linked to the fallout.

shery i'm shery ahn. paul: the u.s. hit record highs for a third straight

shery: i'm shery ahn. haidi: these are your top stories this hour. the fed stays dovish.ll signaling rates will stay near zero through 2023.

shery: i am shery ahn. haidi: asian stocks set for a higher open.ry yields is providing a tailwind for equities. the hong kong listing could encourage

shery: from new york, i'm shery ahn.ories this hour, jay powell downplays the risk of higher prices this year. he says inflations will not get a hand. worries of rising virus cases and new

shery: good evening from bloomberg world headquarters in new york. i'm shery ahn.n his first trip to asia, accusing beijing of coercion and aggression. talks between

. >> i heard the first shot, and sheri, sheri just yelled "active shooter" and we all just scattered.irst sound, the first rounds of it of the shots, we just -- everybody went their separate directions. i didn't know where everybody went. >> let's talk about the issues at hand now. i want to bring in colorado congressman jason crow. his district encompasses aurora, colorado, where a gunman opened fire inside a movie theater back this 2012, killing 12 people. it also includes columbine high school, site of the massacre of 13 people back in 1999. congressman, i'm sorry for everything that your community, everyone is dealing with. thank you so much for appearing, okay? >> thanks, don. >> thank you. so listen, you served in iraq. you served in afghanistan. when you hear that the suspect was armed with an ar-15 style firearm, does anyone need a gun like that outside of a war zone? >> the answer is unequivocally no. i've had a very long relationship with firearms throughout my life. i grew up around guns, a hunting family. i actually started hunting when i was 12. i'm a gunowner today. i ga

sheri robinson became the first woman to complete air traffic controller officer school.admiral derek's promotion ceremony contained another first. and for the first time, women were assigned with men to the crew of a ship. >> we're going to start out with the sanctuary on the ship to be able to serve a broader mission of dependent support. this particular ship is well configed from the standpoint of facilities to do that. my view is that if there are women who want to go to sea and serve in that capacity, we can find a way to make it possible to do so. we would start out, i think, on the larger ships where the facility problems are easier to handle, carriers and so forth, and the last ships to which they would be assigned would be submarine. >> if a pilot study of the commanding officer of this ship is very enthusiastic about these people. this sort of thing, i hope, will gain a lot of publicity, and sure, there will be problems just like there would be in the general society, there's going to be problems. but overall he's very confident this will be a most successful an

countries participated in directly and what happened in america who are the more like in a duel canada sheri can be shaky laden why should he now has that. what daily mazie 1000 solicit the leftists that this is borne out by the 3000 unidentified bodies other than muslin or camila and i think that number will increase to 4000 left. in heavy and bad and i've made and among those 4000 bodies many of the unidentified bodies of foreign isolation and a dash a to the members of i ask him from many countries even if they let me get him for their for if there is no international solidarity he had enough but could i ask could resurface under another name as we sum up maybe in another form anywhere in the world able by your theory can it actually more juggernauts law recently job but the last changed its name to fattah hull sham front. may i but according to reports it is a terrorist organization. and a loss leaders are now being treated in takesh hospitals and. to how is it possible that members of al nusra can find medical assistance in taki instance when you're going to let you not if an investigat

. >> i am shery ahn. >> the top stories this hour, the u.s.orce allies to choose between them and china. the secretary of state antony blinken vowed to rely on innovation, not automation.

we are counting down to asia's major market shery: good evening from bloomberg's world headquarters inaidi: these are your top stories. the u.s. and china begin their first face-to-face talks of the biden presidency. inflation

shery: asian stocks set to follow wall street lower after jay powell refrain from pushing back againstbond yields. oil jumped as opec surprised by

shery: welcome to bloomberg asia, our top stories is our, then asked 100 sees its biggest rally sinceber. china and the u.s. are considering their first face-to-face toxins president biden took office.

. >> i am shery ahn in new york. welcome to daybreak: asia.about excessive optimism. treasuries climb and the dollar weekends. -- weakens. back to

shery: welcome to daybreak asia. haidi: tech is in the spotlight as asia opens.ble on wall street drags that nasdaq 11% below its all-time high. new measures -- u.s. bank leaders say they will strengthen legal defenses against

shery: the dollar slumped against its major peers.halmers giant coupang sword on its debut in new york.