♪ >> good morning, i'm tom mackenzie.nvestors look ahead to a busy week including the fed gauge of inflation. japan's currency official warns against speculative moves. oil snaps a three day losing streak and iron ore holds its best gain since september on china optimism. a day of mourning and russia after the death toll from the terrorist attack reaches 137. france raises its security alert following the attack claimed by the islamic state. we do check in on the markets. a muted finish on friday, and catherine man, a hawk on the need for a recent hike will be giving a speech. central bankers in focus. ftse futures at 7000. s&p futures are flat. 459 is the two year yield. is now the time to add? emphasis on ensuring damage done in the labor market. our the federal reserve shifting away? the two-year at 459. verbal intervention from japanese officials. currently 151 on the yen. geopolitics are a factor. central bank cuts could support commodity markets. prices are higher on the iron. 8% gains. how asian markets are faring.

i'm anna edwards alongside guy johnson and tom mackenzie.than an hour away, here's what you need to know. the boj is

♪ tom: good morning, this is bloomberg and i am tom mackenzie.n holding pattern ahead of inflation data. jb dimon warns the u.s. economy is not out of the woods adding the fed should wait before cutting interest rates and u.k. data will be watched by the bank of england. it will stickiness move the dial for the boe? let's check in on markets. after modest losses yesterday futures looking brighter as we lead up to wage data and the data print. jay powell suggests they are getting closer to a point where they have confidence to cut rates. will data get them closer today? or cause fluctuations? european futures with gains after modest losses. ftse futures are up as we look to the data, markets pricing in a cost -- cut in august. back above the 5000 level after modest losses nasdaq pointing higher. let's look cross asset, keeping our eye on currency. the pound in focus as we look ahead to labor and jobs data out of the u.k.. 4.09 and not a lot of movement so far. the pound at 128. we will see if it changes. bitcoin crossed 72,000 yesterday. as money

♪ >> good morning, i'm tom mackenzie and these are the stories that said your agenda.ollapse of a baltimore bridge adds disruption to trade. the latest has authority suspend operation. the yen yen is at its lowest since 1990, raising the prospect of intervention. japan's finance minister announces direct action and chinese president xi jinping meets with business leaders as tensions rise, let's check in on these markets. three straight days of losses for u.s. smart kids and five months of gains across u.s. equities. a fresh record. futures pointing to modest losses. i focus on software iron ore prices, flat for the ftse 100. s&p gains after three days of losses. let's flip the board of course. today with a focus on the yen given what we been hearing looking at a 152 level line in the sand articulated in tokyo. 15176, a 10th of a percent and the yield differential puts pressure on the currency versus the usd. the fed ties into the story around the auction ratio is decent. the benchmark 10 year is at 423. the pound is 126 and brent is at $85 a barrel on the back of a rep

♪ >> i'm tom mackenzie in london.apan's nikkei tops 40 thousand and awaiting testimony from jay powell. opec plus extends cuts. china unveiling strategies for reviving the economy. we are live in beijing. diplomatic efforts to pause fighting as conditions deteriorate with planes air dropping aid into the territory. it's a big week for global markets. the national people's congress in china and growth targets. you have jay powell in the house and senate and fresh forecasts. the rally continues across asia and 16 stocks out of 18 closing higher. to tens of a percent gains. looking to losses of a 10th of 1%. upgrades coming from bank of america. nasdaq futures are pointing to modest gains. let's look across assets. european futures, let's look at the currencies. money moving out of treasuries. 108 on the single currency. bitcoin in focus having crossed the 64,000 level. etf flows continued to support opec-plus extending cuts, now the most important decision for the cut in june. brent at $83 a barrel. mixed demand. what i

i am tom mackenzie. japanese stocks lead gains in asia after wall street initiatives february at fresh record highs. the fed wasted is showing u.s. underlying inflation rose in january at the fastest pace in nearly one year. china factory activity shrinks for a fifth straight month as weak demand continues to hamper growth in the world's second-largest economy. loss dozens of palestinians are killed near a convoy of aid trucks in gaza. president biden said the issue will complicate talks, but he remains hopeful of a cease-fire. let's check in on these markets as we say, another record being notched by wall street yesterday, a fourth straight month of gains. the data is looking less concerning when it comes to inflation, a more benign inflation picture coming in line with expectations. u.s. jobless claims it ticked up suggesting there is softness coming through for the labor market and revisions when it comes to pce inflation gauge for the month of december, revisions over seeming to feed into the optimis

i'm tom mackenzie. these are the stories that that your agenda. his decision day for the fed with traders eyeing future rate cuts. asian stocks mixed after u.s. equities touch fresh record highs. as the u.k. awaits the latest efficient data over on the continent, 50 lagarde will make the most import speeches of the year. the biden administration is considering sanctioning while ways chip network as a part of a campaign to protect u.s. security. the tech story was back. it is a slightly more nuanced picture as we count down to the fed decision. rate suspected to be kept on hold. it is the economic rejection that will be in focus. as will any detail on the discussions on the balance sheet of the fed. s&p futures pointing lower. we are counting down to that you see the speech. inflation data out of the u.k.. really consequential. expected to fall to a 2.5 year low. the foot to 100 futures lower by .1%. nasdaq futures down .1%. the megacap seven leading the charge. japan is close so we focus on currencies of the japanese yen. traded in the session. fo

i'm tom mackenzie in london. these are stories that set the agenda. the bank of japan hikes interest rates for the first time since 2007 and scraps yield curve control. the yen falls through 150 versus the dollar. traders cut fed bets as fomc members gather. u.s. two year five-year yields climb to the highest levels this year. plus, nvidia unveils the successor to its old ai processor. but markets deliver a muted response to the highly anticipated speech. >> this is hopper. hopper changed the world. this is blackwell. tom: a new era for the japanese economy. the first hike since 2007, ending of yield curve control, and an ending of etf that's in buying. we have stephen engle on the ground in tokyo for all the details and we will cross over momentarily. let's check in on the markets as we set you up throughout the trading day. the fed starts its own policy meeting with that decision on wednesday and a focus on the dot plots, the focus from the fed officials. european futures up. when it comes to s&p futures, 5200, off by a 10th of a percent. nasard fut

kriti: tom mackenzie in stockholm, we thank you so much.is bloomberg. ♪ welcome to ameriprise. i'm sam morrison. my brother max recommended you. so, my best friend sophie says you've been a huge help. at ameriprise financial, more than 9 out of 10 of our clients are likely to recommend us. our neighbors, the garcía's, love working with you. because the advice we give is personalized, -hey, john reese, jr. -how's your father doing? to help reach your goals with confidence. my sister's told me so much about you. that's why it's more than advice worth listening to. it's advice worth talking about. ameriprise financial. kriti: a couple of charts to put on your radar, a lot of it concerning the fed, ecb. this chart sums it up. we are to see a divergence between europe and the united states. does that mean the ecb front runs the bed? payrolls will be in focus, really talking about every acceleration we are seeing not just in wage data but no one farm payroll data. how much does this change the calculus? up next, markets today. we will dive into a

i am tom mackenzie. japan lead stocks higher in asia as the boj headlines have big we of central-bank decisions. it's negative interest rate policy likely to end tomorrow. china's factory output and investment grow more than expected showing stimulus measures are helping, but consumers remain cautious. a defiant vladimir putin warns russia will not be stopped from pursuing its goals after sweeping to victory in a tightly controlled presidential election. let's check in on these markets, a solid session in asia bolstered by the gains in japan. the nikkei rallying on convictions that the yen will not strengthen that much even if a rate hike comes through. the first hike since 2007 ending the negative interest rate policies. the expectation from boj watchers is it is likely to happen on tuesday. european futures pointed to .2 of 1%. s&p futures pointing higher by .5 of 1%. the number of cuts for the fed just under three. nasdaq futures up .5 of 1%. we are watching the apple story with bloomberg report and t

. ♪ tom: good morning, i'm tom mackenzie.ets a growth target of 5% but the premier says success will need efforts from all fronts. chinese stocks full. hstech drive slow as amd hits a road block. supreme court rules donald trump can appear on the ballot, the latest in the race for the white house. breaking news. capital market stay in london looking at core eps at 1.85 euros. structural changes remain and option, but investors are looking at changes. sales are a beat. those are the top lines. there is a focus on structural changes. suggesting there are not any changes yet, focusing on divestments and litigation risks for roundup weed killer and lawsuits continue to play out. china setting a growth target of 5% and setting a deficit target. interesting given deflationary pressures. european stocks ended flat. ftse futures are down. modest downside across u.s. stocks. nasdaq point to losses of 5%. a&e failing to get the green light to sell chips in china. looking at chips this morning. let's look at gold, bitcoin and euro-dolla

caroline: ceo talking earlier today to tom mackenzie. we want to stick to the fintech theme.t is happening around the space. silicon valley bank collapsed almost exactly a year ago. joining us is stephanie kirkpatrick. more on what businesses and individuals have learned and how you are bringing faster transactions deeply embedded into apis that help businesses access their money that much faster. i am interested as we think about -- we are about to get a ton of media coverage on it being the anniversary. lead the charge. it is an anniversary since silicon valley bank poke holes in banks ultimate business models. have startups fully recovered? stephanie: i think startups are recovering. i think the banking system is looking healthier than a year ago and what we have learned is for payments and banking the things that are systemically important to running this economy, whether it is small business, commerce, we get to the point where relying on a single financial institution is no longer sufficient. the collapse highlighted that even banks of a certain size carry risk. what we

i am tom mackenzie.re the stories that shaped your agenda, treasuries drop as the fed's cris waller says the u.s. central bank should delay or slow the pace of interest rate cuts. >> in my view it is appropriate to reduce the overall number of rate cuts or push them further into the future in a response to the recent data. tom: s&p 500 gets a late day boost to finish at a record high . another record. we will take a closer look at our markets have fared so far this year as we head into the last major trading day of the quarter. the yen cities with many traders i 152 per dollar as a possible trigger for officials to take action. let's check in on these markets after fresh records across european and u.s. stocks. european stocks, three straight days of gains and looking to add to that. 50 futures looking to build on that with gains of .3 of 1%. ftse futures getting a lift with upsetting commodities .4 of 1%. s&p futures taking a pause on hold ahead of the date of the come said that the u.s. and the speech

david and i along with tom mackenzie in 2019 when we launch the china open i remember those days and exciting it was. we were still building up to the momentum with this show. we are going bigger and we are going to be better too. we are going for a full two hours now. it gives us a chance to breathe and let the stories we talk about let people digest and look at a deeper dive into big conversations. it is not just the news of the day we are going to target. it is going to be about parsing through local media. the statements that come through. what is trending. it gives us a chance to talk about the deeper issues in china. mpc and beyond. annabelle: get the pulse check as well. haidi: you know how excited i am when it comes to more things on all things china. there is no more critical time than now to be spending more time adding this analysis to come up with the answers to the bigger questions. the economy is slowing. what does this mean for investors in the long term? the geopolitical tensions as we get into potentially a different u.s. president and all those things that get throw

i am tom mackenzie in london. it began in focus has japanese stocks of the most among some growing speculation the bank of japan will raise rates, it investors look ahead to u.s. investor data tomorrow. u.s. president joe biden towards israel against invading the city of rafah, calling it a redline as cease-fire talks remained deadlocked. aramco's 31 billion dollars gift, the world's biggest oil exporter ramps up its quarterly dividend despite loyal oil prices to plug a budget deficit. a bit of profit across the nasdaq on friday. we had jobs data, unemployment rate ticking up to 3.9%, but broadly the jobs picture looking at a relatively resilient in the u.s. european stocks ended friday at a press record. european stocks pointing to losses of .5 of 1%. the data focus is the inflation print out of the u.s. on tuesday. it is worth noting inflation out of china managed to take up in a recent reading suggesting the inflationary funk is starting to return. ftse futures pointing lower by .3 of 1%. just down .1 of 1% on

high-end tom mackenzie in london.onald trump and a joe biden rack up primary wins on super tuesday with a rematch of the 2020 presidential election and now looking more likely than ever. we bring you all the latest as the final results come in. stocks in hong kong rebound as markets look ahead to a press conference from top chinese policymakers and testimony from fed chair jay powell. bitcoin, meanwhile, hitting an all-time high before retreating. plus, u.k. chancellor jeremy hunt repairs to deliver his spring budget -- prepares to deliver his spring budget with a focus on potential tax cuts before a looming general election in the u.k. the selloff was pronounced when it comes to technology. the big names of the likes of apple losing stock pricing, tesla down around 11% in two. . days you saw the nasdaq closing lower by around 1.8%, the s&p 500 index lower by about 1%. we look ahead to jay powell' testimonys. is expected to reiterate that patients around the prospect of rate cuts on the strength of the u.s. economy. f

. ♪ tom: good morning, this is bloomberg daybreak: europe, i'm tom mackenzie in london, these are thees that set your agenda. wall street notches up a new record high. investors shrug off hotter than expected u.s. inflations with market still optimistic on fed rate cuts. in japan, the end strengthens as the world largest carmaker agreed so wage hike demands adding to the case for a boj policy shift next week. we bring you comments from the governor this hour. plus, another big warning for europe as it reports. we have breaking lines from adidas right now but also vw as well. let's bring you the adidas lines for your revenue coming in at 21 .4 3 billion euros. there's a number of setbacks, not least is working through those profits coming in at 268 million euros for the full year for adidas. in terms of the margins, slightly missing the estimates. adidas fourth-quarter growth margin 44.6%, slightly then below the estimates of 45% and we are looking at a fourth-quarter operating loss coming in above the estimates for adidas 377 million euros. the estimates for the loss at been for 372 m

i am tom mackenzie. stocks in asia make china weaker despite reporting a surge in exports after the fed chair jay powell keeps the door open to interest rate cuts before the end of the year. >> we believe that our policy rate is likely at its peak for this tightening cycle. if the economy evolves broadly as expected it would be appropriate to begin dialing back policy restraint later this year. tom: it investors look to europe with the ecb said to deliver its latest rate decision and new economic forecasts. yemen's houthi rubble strike a commercial ship killing three crew members an escalation of the red sea crisis. from geopolitics to the earnings story, we are looking at what is causing in terms of lufthansa, the redhead on the terminal, adjusted ebita on prior year levels, so they expect on the forecast. you will get a repeat of what came true in terms of earnings for 2024. in terms of revenue for the fourth quarter, 8.7 seven 6 billion euros below the estimates of 9.3 billion euros. there are details

i'm tom mackenzie in london, these other stories that set your agenda.an stocks at modest gains as traders await the release of key u.s. inflation data later this week. fed speakers bostick and go speed differ on rate cut expectations. russian president vladimir putin has for the first time said islamist militants carried out the deadly moscow attack, he still accuses ukraine of involvement. plus, boeing starts a search for its next ceo after a leadership shakeup as it seeks to reassure airlines and passengers that it's planes are safe. let's check in on the futures. modest losses around wall street. down about 3/10. currently, u.s. futures brining a little higher, pointing up by 2/10 of a percent. making up losses of yesterday as things stand. that's a futures picture stateside. in europe, you have fresh records yesterday for the context you are up on european stocks across the benchmark. 15% of the last 12 months. fresh records yesterday. european stocks are flat. ftse 100 pointing low. look to iron or in the minors, potentially on that story. iron ore

the former editor of the sun, kelvin mackenzie and the fist team professor at staffordshire university, tom opinion tonight. kelvin someone on twitter got in touch and said. michelle, you called kelvin my love. he says if a male presenter said that to a woman , yeah, the fella would be woman, yeah, the fella would be getting the boot, don't i? >> don't worry. yes. >> don't worry. yes. >> and don't worry. i take it back.i >> and don't worry. i take it back. i normally call him even far worse things. everybody. >> i've already reported you to ofcom . the chances of this show ofcom. the chances of this show surviving very well. surviving am very well. >> a long queue. ofcom >> there's a long queue. ofcom they're working long they're working through a long queue they get to that queue before they get to that one. i can assure of one. i can assure you of misogyny, by way, is misandry. >> so misandrist misandry. >> so misandrist misandry. >> yeah, but you see, i think it's dialects. it's just it's just dialects. it's just regional dialects. called regional dialects. i called you love. you love, i