Speaker 1: By from the Bloomberg Interactive Brooker Studios is Bloomberg Daybreak
Speaker 1: for Monday, January two. Coming up this hour, the US
Speaker 1: orders families of diplomats to leave Ukraine as tensions with
Speaker 1: Russia mount. On Wall Street, stop future Slump as the
Speaker 1: sell off looks to continue, Coldman Sachs comes out with
Speaker 1: a hawkish forecast for FED policy, and Dr Anthony Fauci
Speaker 1: says the omicron outbreak but soon. New York City is
Speaker 1: reeling from the deadly shooting of the police officer. Plus
Speaker 1: trial begins for three x Minneapolis policemen involved in George
Speaker 1: Floyd's death. High Michael Barr More Ahead, I'm John Stash.
Speaker 1: Aaron sports that Jeans beat the Pills in an epic
Speaker 1: playoff game, the Rams beat the Bucks, the nixt one,
Speaker 1: the Nets, and Devil's Law. That's all straight ahead on
Speaker 1: Bloomberg Daybreak on Bloomberg eleven three, on New York, Bloomberg one, Washington,
Speaker 1: d C, Bloomberg one of six one, Boston, Bloomberg nine sixties,
Speaker 1: San Francisco, Sirius x M one nineteen and around the
Speaker 1: world on Bloomberg Radio dot Com and via the Bloomberg
Speaker 1: Business and good morning. I'm Karen Moscow. I'm Nathan Hagar.
Speaker 1: Bloomberg Daybreak brought to you by Interactive Brokers Global Analysts.
Speaker 1: Global Analysts helps you find new global investment opportunities. To
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Speaker 1: today at I b k R dot com. Slash g
Speaker 1: A and futures are lower this morning after last week
Speaker 1: sell off six o one on Wall Street. We checked
Speaker 1: the markets every fifteen minutes throughout the trading day. On
Speaker 1: Bloomberg SMP future is down about sixteen points down, futures
Speaker 1: down eight seven, NASDAG futures down eighty two. The tenure
Speaker 1: Treasury up nine thirty seconds, yield one point seven two percent.
Speaker 1: Yield on the two year point nine nine percent. Ninemex
Speaker 1: screwed oil is down about two ten percent, and bitcoin
Speaker 1: is down five point six percent. Nathan, all right, Karen,
Speaker 1: We'll have more on markets in a minute, but we
Speaker 1: begin with the latest geopolitical tensions between the White House
Speaker 1: and Moscow, concerns over a Russian invasion of Ukraine and
Speaker 1: US taking steps to protect Americans in the country. Amy
Speaker 1: Morris has the latest from our Bloomberg newsroom in Washington.
Speaker 1: Washington ordered diplomats families to leave Ukraine. The UK withdrawing
Speaker 1: about half of its embassy staff and their families. EU
Speaker 1: ministers are talking with Secretary of State Anthony B. Lincoln
Speaker 1: about next steps. They're prepared to say that any further
Speaker 1: military aggression by Russia will have quote massive consequences and
Speaker 1: severe costs. This as President Biden is reportedly weighing whether
Speaker 1: to send troops to Eastern Europe to support NATO allies.
Speaker 1: The New York Times reports that would involve up to
Speaker 1: five thousand troops plus warships and aircraft. In Washington, I
Speaker 1: maybe Morris Bloomberg Daybreak, All right, Amy, thank you. While
Speaker 1: Secretary of State Anthony blancoln is speaking out on the
Speaker 1: pending conflict with Russia. He's rejecting pressure to escalate sanctions
Speaker 1: on Moscow, saying it would limit his options in the future.
Speaker 1: The purpose of those sanctions is to deter Russian aggression,
Speaker 1: and so if they're if they're triggered now, you lose
Speaker 1: the detern effect. And Anthony Blanken made the com it's
Speaker 1: on NBC's Meet the Press, or in Sundays on Bloomberg Radio,
Speaker 1: let's turn back to markets now, Karen, where US futures
Speaker 1: are slumping once again. Last week sell off shows no
Speaker 1: sign of slowing. Bloomberg's John Tucker joins US Live with
Speaker 1: the latest. John, Good morning, name in the NASTAC one hundred,
Speaker 1: coming off its worst week since the start of the
Speaker 1: pandemic in March of twenty the end of central bank stimulus,
Speaker 1: as many rethinking their outlooks. The FETE decision on Wednesday
Speaker 1: is expected to signal a March interest rated hike and
Speaker 1: a balance sheet reduction later this year. The U S
Speaker 1: stocks have historically performed well during rate hike cycles. They've risen.
Speaker 1: They at an average annualized rate of nine percent during
Speaker 1: all hiking cycles since the nineteen fifties. But that's no
Speaker 1: comfort this morning. The NASDEK futures right now, they are
Speaker 1: down sixty eight points and still strategists do remain optimistic.
Speaker 1: On average, they project the SMP five hundred will finish
Speaker 1: the year just shy of five thousand. It will be
Speaker 1: percent above Friday's closing level. Line to New York. I'm
Speaker 1: John Tucker, Bloomberg Daybreak. All right, John, thank you all,
Speaker 1: as we wait for a Wednesday's FED decision. One Wall
Speaker 1: Street Bank is out with a hawkish forecast. If we
Speaker 1: get the latest lie from Bloomberg Shore, I need a
Speaker 1: young good morning, ready to good morning, Karen Goldman. SAX
Speaker 1: economists say the FIT could tighten policy more aggressively than
Speaker 1: anticipated their clocking rates increases in March, June, September, and December,
Speaker 1: and for the Central Bank to announce the start of
Speaker 1: a balance sheet reduction in July. Goldman economists are concerned
Speaker 1: because the omicron variant is prolonging supplied demand imbalances, and
Speaker 1: there's continued strength and wage growth, which together could increase
Speaker 1: ongoing inflation pressures. Live in New York. I'm gonna need
Speaker 1: a young Bloomberg daybreak, and we need an anticipation of
Speaker 1: tighter policy from the Fed is also weighing on Bitcoin. That,
Speaker 1: combined with word that the White House is preparing a
Speaker 1: strategy for digital assets, has Bitcoin hitting a low of
Speaker 1: thirty four thousand over the weekend. The cryptocurrency is down
Speaker 1: nearly fifty percent from its all time high in November,
Speaker 1: and checking Bitcoin now, it's at thirty three one d dollars.
Speaker 1: Let's turn to the pandemic now. Nathan us COVID cases
Speaker 1: appear to be leveling off, and there's hope the numbers
Speaker 1: could soon start heading south. Dr Anthony Faunci says this
Speaker 1: surge could be nearing its peak, but if the pattern
Speaker 1: follows the trend that we're seeing in other places, things
Speaker 1: are looking good. We don't want to get over confident,
Speaker 1: but they all look like they're going in the right
Speaker 1: direction right now. Dr Faunci made the comments on a
Speaker 1: DC's This Week ord Sundays on Bloomberg Radio well COVID's
Speaker 1: Front and Center in Europe. This morning, Karen is British
Speaker 1: Prime Minister Boris Johnson faces his most crucial weekend office.
Speaker 1: Let's go live to London and get the latest from
Speaker 1: Bloomberg's U and Potts. Good morning you, and in fact
Speaker 1: it's Max Ramsey head morning, Good morning Mason, and Karen said.
Speaker 1: Battles on multiple fronts for Boris Johnson. We await the
Speaker 1: results of an investigation from a senior civil servant into
Speaker 1: apparently lockdown breaking part parties in Downing Street. Also, the
Speaker 1: conduct of the government's whips is in questions that these
Speaker 1: are loanmakers who are in charge of discipline within the
Speaker 1: Prime Minister's Conservative Party. They're facing allegations of amail and Islamophobia,
Speaker 1: both of which they're denying, but are so far breas
Speaker 1: Johnson has managed to keep rebellions from his party from
Speaker 1: growing too overwhelming. But really a challenging week to come
Speaker 1: for the Prime Minister. Live in London, Max Ramsey bloom
Speaker 1: Back daybreak. All right, Max, thank you. While back here
Speaker 1: in the US, some corporate news to get you caught
Speaker 1: up on shares. The Coals are up twenty nine percent.
Speaker 1: The department store chain is fielding interests from two potential buyers.
Speaker 1: Sources say the latest bid comes from Sycamore Partners. Earlier,
Speaker 1: another bitter backed by hedge fund Starboard Value, offered nine
Speaker 1: billion dollars for Coals. Activist investors have been pressuring Coals
Speaker 1: to sell, and Peloton shares are up one percent. Karen
Speaker 1: Bloomberg News has learned an activist investor will push Peloton
Speaker 1: to fire at CEO and try to sell itself. Blackwell's
Speaker 1: Capital has less than a five percent stake in the
Speaker 1: fitness company. Pelotons shares have plunged more than eighty percent
Speaker 1: from their all time high a year ago, and on
Speaker 1: the economic front today, Nathan and News survey shows a
Speaker 1: build up of US inflation and labor shortages. The National
Speaker 1: Association for Business Economics set more than a half of
Speaker 1: the company surveyed bosted prices in the fourth quarter. That's
Speaker 1: the highest in the surveys forty year history. On top
Speaker 1: of that, more than expect higher wage costs in the
Speaker 1: next three months. Futures this morning are falling in straight ahead,
Speaker 1: your latest local headlines, plus the check of sports, and
Speaker 1: this is Bloomberg. Thanks Karen. At six oh seven on
Speaker 1: Wall Street where thirty degrees in Central Park still dealing
Speaker 1: with an accident on the westbound Belt Parkway headed to
Speaker 1: JFK the tails coming up in traffic. First Michael Barr
Speaker 1: with what else is going on in New York and
Speaker 1: around the world. Michael, thank you very much. Nathan. New
Speaker 1: York City is preparing to later rest a rookie police
Speaker 1: officer killed last week. Funeral services for twenty two year
Speaker 1: old New York City police officer Jason Rivera are being finalized.
Speaker 1: Rivera and officer Wilbert More were shot Friday night while
Speaker 1: answering a call about an argument between a woman and
Speaker 1: her adult son in Harlem. Moura was wounded and is
Speaker 1: fighting for his life. The man police you say shot
Speaker 1: them also was wounded by a third responding officer. New
Speaker 1: York City Mayor Eric Adams vows to take action to
Speaker 1: address not just the latest police shooting, but crime in general.
Speaker 1: This is a sea of crime that's been fed by
Speaker 1: many rivers, and we have to damn each one of
Speaker 1: those rivers, and we have been unsuccessful to do so
Speaker 1: throughout the years. These crimes, they not thought um during
Speaker 1: my administration, to have been here for far too long
Speaker 1: and many parts of our community. Mayor Adams on CNN
Speaker 1: also mentioned another high profile crime that occurred more than
Speaker 1: a week ago. A forty year old woman on a
Speaker 1: subway platform in Times Square, Michelle Go was shoved in
Speaker 1: front of an incoming train by a mentally ill homeless man.
Speaker 1: General leeber Is, the CEO of the m t A,
Speaker 1: but a relatively small number of mentally ill homeless, but
Speaker 1: their impact on the subway system and on the ridership
Speaker 1: and God forbid, on safety is disproportionate. The m t
Speaker 1: a's General Eibers says, the fact that had happened and
Speaker 1: one of the most iconic spots emphasizes the problem New
Speaker 1: York City faces. Opening statements begin today in the federal
Speaker 1: trial for three former Minneapolis police officers charged with violating
Speaker 1: George Floyd's civil rights as Derek Chauvin pinned his neck
Speaker 1: to the street. All three a charge for failing to
Speaker 1: provide Floyd with medical care. The adult film actress who
Speaker 1: made lawyer Michael Lavenati famous four years ago, will be
Speaker 1: the key witness in the New York courtroom. Prosecutors are
Speaker 1: trying to prove Avonati cheated Stormy Daniels of three hundred
Speaker 1: thousand dollars in book proceeds. Opening statements are scheduled for today.
Speaker 1: Jury selection begins today in New York for former Alaska
Speaker 1: governor and vice presidential candidate Sarah Palin's lawsuit against The
Speaker 1: New York Times. Palin accuses the Times of defamation over
Speaker 1: editorial Global news twenty four hours a day on air
Speaker 1: and on Bloomberg Quick Take, powered by more than twenty
Speaker 1: seven under journalist and analysts more than trees. Michael Bard,
Speaker 1: this is Bloomberg Nather. Thank you, Michael. Come up to
Speaker 1: sixth CEN on Wall Street time for the Bloomberg Sports
Speaker 1: Update with John Stshowner and Nathan Has there ever been
Speaker 1: a more exciting NFL playoff game Bills and Chiefs. Just
Speaker 1: in the final two minutes of regulation, they scored twenty
Speaker 1: five points, had three lead changes twice. The Bills thought
Speaker 1: they had won with a Josh Allen touchdown past to
Speaker 1: Gabriel David's who caught four on the night, but they
Speaker 1: kept leaving Kansas anytime, even when Buffalo scored a go
Speaker 1: ahead TV with only thirteen seconds ago, enough time for
Speaker 1: Patrick Mahomes. Two completions got the Chiefs in position for
Speaker 1: a game time field goal. They went to overtime. Kansas
Speaker 1: City won the coin flip and then the game. Maholmes
Speaker 1: looks to throw it up, taking right side. He wants
Speaker 1: a cupboard that is called Mike Kelsey down kids sitting
Speaker 1: one of the greatest DULs in the history of the
Speaker 1: National Football League. Patrick Maholmes to Travis Charlsey, the stake
Speaker 1: come back in the Chiefs one that's incredible. Divisional playoff
Speaker 1: game forty two to thirty six Chiefs Radio, Mahomes and
Speaker 1: Allen a classic quarterback duel. They combined for sixty completions
Speaker 1: over seven hundred yards, seven touchdowns on a hundred thirty
Speaker 1: seven rushing yards. It's mahomes on. The Chiefs will host
Speaker 1: Cincinnati for the a f C Championship. The Rams will
Speaker 1: host the forty Niners in the NFC l A Blue
Speaker 1: a four point lead, Tom Brady rallied Tampa Bay to
Speaker 1: a tide in the Rams, helped by a forty four
Speaker 1: yard completion, picked a field goal to win thirty to
Speaker 1: twenty seven. After three straight home losses, Nicks beat the
Speaker 1: Clippers the Garden one ten, one oh two. R J.
Speaker 1: Barrett scored twenty six. Nick started tough week tonight in Cleveland.
Speaker 1: Nets lost at Minnesota one five. Devil's loss to the
Speaker 1: Kings three to two. American Taylor Fritz, playing right now
Speaker 1: at the Australian Open, once set all the stafinal sits
Speaker 1: a Fox Don Statue lay, Bloomberg Sports Thanks john SMP
Speaker 1: Futures Downtown five points down Futures and nanstat Futures both
Speaker 1: down twenty eight points to tend your treasury up nine
Speaker 1: thirty beckens the yield one. This is Bloomberg, Bloomberg eleven
Speaker 1: three oh weather. Sunny, mid thirties today, partly sunny, a
Speaker 1: high near forty tomorrow sunshine Wednesday, but Ohio only near
Speaker 1: twenty five degrees currently clouds and thirty degrees in Central Park. Markets,
Speaker 1: headlines and breaking news twenty four hours a day at
Speaker 1: Bloomberg dot Com, the Bloomberg Business Out and at Bloomberg
Speaker 1: Quick Tape this is a Bloomberg business lash and I'm
Speaker 1: Karen Moscow. And equities in Europe are falling this morning.
Speaker 1: US Dot Index futures are lower as well as the
Speaker 1: road and technology shares deepens and it concerns over the
Speaker 1: Federal Reserve's imminent rate and lift off bonds are gaining.
Speaker 1: And we check the markets every fifteen minutes throughout the
Speaker 1: trading day. On Bloomberg Guess and P futures are down
Speaker 1: seven points down, futures down forty seven, nosday futures down
Speaker 1: to thirty nine. The decks in Germany is down one
Speaker 1: point six per set ten. Your treasury up eight thirty seconds.
Speaker 1: He had one point seven two percent. The yield on
Speaker 1: a two year point nine nine percent ni Max screwed
Speaker 1: oil is down three tens per cent, or twenty six
Speaker 1: cents at eighty four dollars. Eighty eight cents of barrel
Speaker 1: comex schooled up four tenths per cent, or seven dollars
Speaker 1: at eighteen forty one ten announced the euro one point
Speaker 1: one three one seven against the dollar, British found one
Speaker 1: point three five and the ends at one thirteen point
Speaker 1: seven three bitcoin this morning, also falling at thirty three thousand,
Speaker 1: nine hundred dollars, and IBM is among companies schedule to
Speaker 1: report earnings today. That's a Bloomberg business flash. Now here's
Speaker 1: Michael Barrow with more onless going on around the world.
Speaker 1: Muffel Karen, thank you very much. The US ordered family
Speaker 1: members at its embassy in Ukraine to leave dudes with
Speaker 1: the continued threat of Russian military action, while the US
Speaker 1: renewed warnings that Russia could send forces into Ukraine at
Speaker 1: any time. There's word President Joe Biden is considering deploying
Speaker 1: troops to Eastern Europe and the Baltics. The yer Old
Speaker 1: trial for three former Minneapolis police officers charged with violating
Speaker 1: George Floyd's civil rights is Derek Chauvintinda's Neck to the
Speaker 1: Street is set to begin today with opening statements in
Speaker 1: the NFL. The Chiefs beat the Bills and an ot
Speaker 1: thriller forty two thirty six and that means Kansas City
Speaker 1: faces the Bingals for the a f C title. The
Speaker 1: Rams beat the Bucks thirty seven. Los Angeles went out
Speaker 1: face the forty Niners for the NFC Championship. In the NBA,
Speaker 1: the Nicks, Celtics and Warriors won. The Nets lost in
Speaker 1: the NHL The Devil's Lost. Global News twenty four hours
Speaker 1: a day on air and on Bloomberg Quick Take, powered
Speaker 1: by more than twenty seven hundred journalist and analyists more
Speaker 1: than a hundred twenty countries. Michael bar this is Bloomberg.
Speaker 1: Nathan all right, Michael, thanks at six nineteen on Wall
Speaker 1: Street Live from the Bloomberg Interactive Brokers Studios. This is
Speaker 1: Bloomberg Daybreak, and we turn our attention now to the pandemic.
Speaker 1: Dr Anthony Fauci says, things look like they're going in
Speaker 1: the right direction with the omicron variant if it keeps
Speaker 1: up the top White Howse medical advisor says COVID could
Speaker 1: diminish to a level of control. Control means you're not
Speaker 1: eliminating it, you're not eradicating it, but it gets down
Speaker 1: to such a low level that it's essentially integrated into
Speaker 1: the general respiratory infections that we have learned to live with.
Speaker 1: Dr Facci spoke on ABC's This Week, Heard Sundays on
Speaker 1: Bloomberg Radio. Joining us this morning is Professor g. Grandville
Speaker 1: of the Johns Hopkins Bloomberg School of Public Health. So
Speaker 1: what do you think, professor, are we getting close to
Speaker 1: a point where where we can live with COVID? Well,
Speaker 1: we still have a lot of people getting infected every
Speaker 1: day and a lot of hospitalizations and too many deaths.
Speaker 1: But I think a better day is ahead and I think,
Speaker 1: you know, Tony Facci says it well, where we're getting
Speaker 1: to a point where it's going to be something that
Speaker 1: we will live with. But let's not forget about the
Speaker 1: rest of the world while we're living with it here. Yeah,
Speaker 1: let's let's talk about that a little bit. That that
Speaker 1: comes down to vaccinations, doesn't it Whether we can continue
Speaker 1: to boo and fully vaccinate people in this country while
Speaker 1: still getting vaccines to the rest of the world. Are
Speaker 1: we striking that balance properly? Well, we are giving a
Speaker 1: lot of vaccines away, but the world needs to do
Speaker 1: a much better job of this, and we need to
Speaker 1: partner with other nations, including China, to make sure that
Speaker 1: people have access to their first doses, never mind their
Speaker 1: second or third. Um, we have seeing the rise of
Speaker 1: Delta and a Macon. All of these things happen because
Speaker 1: we have a vulnerable population and and we can't ignore
Speaker 1: the rest of the world's vulnerable populations. So we need
Speaker 1: to vaccinate. And it sounds like you're implying that that
Speaker 1: raises the risk if we don't get enough of a
Speaker 1: level of vaccination that we could see more variants down
Speaker 1: the line. What's the risk in your mind that future
Speaker 1: variant could be worse than Delta, given that a Macron
Speaker 1: apparently wasn't at least in terms of severity. Yeah, viruses,
Speaker 1: they evolved to become more transmissible. UM, how severe they
Speaker 1: are is really a matter of um of the how
Speaker 1: how well the virus does, it doesn't really matter to it.
Speaker 1: So I think we need to just try and eliminate
Speaker 1: the possibility of too many more variants coming um and
Speaker 1: hopes that you know, they could be more severe. So
Speaker 1: we have to do what we can. And this discussion
Speaker 1: about putting COVID in the background, getting it under control.
Speaker 1: As you know, a lot of Americans, a lot of
Speaker 1: people around the world have gotten to a point at
Speaker 1: least in their own minds that it's in the background
Speaker 1: for them. They want to get back to their lives,
Speaker 1: and a number of businesses or dialing back restrictions on
Speaker 1: coming back to the office. Now with it seeming like, oh,
Speaker 1: Macron is getting in the right direction, what's your advice
Speaker 1: for people as they sort of navigate the way things
Speaker 1: are now? Yeah, form for most people who are who
Speaker 1: have gotten their vaccines, including their booster, they are taking
Speaker 1: precautions when they go into crowded places. Um. This is
Speaker 1: a this is a risk that many people can can
Speaker 1: take and to safely gather UM. But we still have
Speaker 1: some vulnerable populations here, so UM, please try to take
Speaker 1: more precautions in the coming weeks, um than maybe a
Speaker 1: month or two from now. There's going to be more
Speaker 1: drugs available for treating people who have UM who can't
Speaker 1: be uh protected by the vaccine. And we also need
Speaker 1: to make sure that we get vaccine to the under
Speaker 1: five crowd as well. When do you think that's going
Speaker 1: to happen? It seems like it's taken quite a while
Speaker 1: for under fives to get vaccines. Absolutely. Yeah. The word
Speaker 1: is that it's with it going to be within the
Speaker 1: next couple of months, So UM, six to eight weeks
Speaker 1: to be conservative at least that's what that what Dr
Speaker 1: faucci Um implied a few days ago, last thirty seconds here.
Speaker 1: You're probably aware of the anti vaccine mandate that happened
Speaker 1: in Washington, d C. Over the weekend. A lot of
Speaker 1: people arguing for natural immunity as something that can help
Speaker 1: against omicron or any other variant. What's the case for
Speaker 1: for natural immunity is that enough? Well, it hasn't been
Speaker 1: enough to um if people had had Delta to protect
Speaker 1: them against omicron, etcetera. So UM, it's it's not enough. UM.
Speaker 1: But you know, natural immunity can give you a lot
Speaker 1: of protection. It just might also hospitalize or potential to
Speaker 1: kill you in the process. So a safer course of
Speaker 1: action is to get vaccinated. As always, thank you for
Speaker 1: your insights. Professor G. Grandvald the Johns Hopkins Bloomberg School
Speaker 1: of Public Health, supported by Michael Bloomberg. He is the
Speaker 1: founder and majority owner of Bloomberg Radio's parent company, Bloomberg Lp.
Speaker 1: SMP futures now ten point, staff futures down sixty two,
Speaker 1: NASTAC futures down fifty four points, just ahead diplomats families
Speaker 1: ordered out of Ukraine. A hawkish forecast from Goldman Sachs
Speaker 1: as we checked the five they is you need to
Speaker 1: notice start your day. This is Bloomberg Bloomberg eleven three
Speaker 1: oh weather sunny, mid thirties today, partly sunny, a near
Speaker 1: forty tomorrow, sunny highs in the mid twenties on Wednesday.
Speaker 1: Right now cloudy and thirty degrees in Central Park. Broadcasting
Speaker 1: live from the Bloomberg Interactive Broker Studio in New York,
Speaker 1: Bloomberg E living three on to Washington, d C, Bloomberg
Speaker 1: to Boston, Bloomberg one O six one to San Francisco,
Speaker 1: Bloomberg nine six to the country, Sirius XM Cho one
Speaker 1: nine and around the globe the Bloomberg business in Bloomberg
Speaker 1: Radio dot Com. This is Bloomberg Daybreak. It's six thirty
Speaker 1: on Wall Street. Good morning. I'm Nathan Hagar and I'm
Speaker 1: Karen Moscow. We are just about three hours away from
Speaker 1: the open of US trading. It is time for the
Speaker 1: five things you need to notice start your day. Brought
Speaker 1: to you by Interactor Broker's Trade crypto for less coin
Speaker 1: with commissions just twelve to eighteen basis points and no
Speaker 1: hidden spreads or markups. Learn more at ibk R dot
Speaker 1: com Slash crypto up first, to begin with the latest
Speaker 1: geo political tensions between the US and Russia. The US
Speaker 1: has ordered families of diplomats to leave Ukraine and concerns
Speaker 1: about an invasion. Mount Bloomberg's said Bachet has the very latest.
Speaker 1: The signal is that Russia could invade at any time,
Speaker 1: and the State Department is issuing a statement saying quote,
Speaker 1: the security conditions, particularly along Ukraine's borders in Russia occupied
Speaker 1: Crimea and in Russia controlled Eastern Ukraine are unpredictable and
Speaker 1: can deteriorate with little notice. They're also reports that the
Speaker 1: Biden administration is thinking about sending troops into the region.
Speaker 1: In San Francisco, I'm at Baxter Bloomberg Daybreak, thanks said,
Speaker 1: turning into markets now, US futures are deteriorating. Is last
Speaker 1: week sell off look set to continue. Let's get the
Speaker 1: latest live. Here's Bloomberg's John Tucker John Nathan The NASA
Speaker 1: coming off it's first week since the start of the
Speaker 1: pandemic in March of It's now down over four from
Speaker 1: it's November high. The next Turtle for investors is Wednesday,
Speaker 1: when the Fed is expected to signal of March rate
Speaker 1: hike and balance sheet reduction later this year. The under
Speaker 1: Fed stimulus has prompted an exodus from high growth equities.
Speaker 1: Right now, Thadursday futures are leading declines. They are down
Speaker 1: sixty eight points. Live in New York. I'm John Tucker,
Speaker 1: Bloomberg Daybreak, John, thank you, as we wait for a
Speaker 1: Wednesday's Fed decision when Wall Street Bank is out without
Speaker 1: hawkish forecast, we get the latest line from Bloomberg's Ready
Speaker 1: to Young, Good morning, Ready, Good morning. Karen Goldman. SAX
Speaker 1: economists say the Fed could tighten policy more aggressively than
Speaker 1: anticipated their clocking rates increases in March, June, September, and December,
Speaker 1: and for the Central Bank to announce the start of
Speaker 1: a balance sheet reduction in July. Goldman economists are concerned
Speaker 1: because the omicron variant is prolonging supply demanding balances, and
Speaker 1: there's continued strength and wage growth, which, to gather, could
Speaker 1: increase ongoing inflation pressures. Live in New York. I'm Nita Young,
Speaker 1: Bloomberg Daybreak. Thanks Nita. Let's turn to the pandemic now
Speaker 1: with word from President Biden's chief medical advisor, Dr Anthony
Speaker 1: Faunci that the omicron outbreak is headed in the right direction.
Speaker 1: He says the surge could peak soon. And in corporate
Speaker 1: news this morning, shares of coals are higher by twenty
Speaker 1: eight percent. Sources at the department store chain is fielding
Speaker 1: interest from two potential buyers. And that's the five things
Speaker 1: you need to notice start your day. Brought to you
Speaker 1: by Interactive Brokers. Maybe a check your local headlines, plus
Speaker 1: a checkup Sports straight Ahead on Bloomberg. Thanks hearing at
Speaker 1: six thirty three on Wall Street where thirty degrees in
Speaker 1: Central Park and accident has northbound Palisades Interstate Parkway closed
Speaker 1: past Exit three. Details coming up in traffic First Michael
Speaker 1: Barr with more on what's going on in New York
Speaker 1: and around the world. Michael, thank you very much, Nathan.
Speaker 1: New York Governor Kathy Hugel has announced a new task
Speaker 1: force involving nine Northeast states and fighting the rise and
Speaker 1: gun by lets. It comes after Friday's shooting of two
Speaker 1: New York City Police officers. One officer, twenty two year
Speaker 1: old Jason Rivera, was killed. The other, seven year old
Speaker 1: Robert Mora, is in critical condition. Mayor Eric Adams is
Speaker 1: calling on the federal government to help curb the flow
Speaker 1: of illegal guns into big cities. The police department is
Speaker 1: doing their job taking thousands of guns off the streets,
Speaker 1: yet each time you take a gun off, there's a
Speaker 1: constant flow of new guns coming here. Mayor Adams says
Speaker 1: the suspect and Friday's shooting was also shot by a
Speaker 1: third responding officer and remains hospitalized. Mayor Adams also mentioned
Speaker 1: last week's death of a forty year old woman on
Speaker 1: a subway platform in Times Square that's making global headlines.
Speaker 1: Authority say Michelle go is shoved in front of an
Speaker 1: incoming train by a mentally ill homeless man. General Lieber
Speaker 1: CEO of the m t A says the fact that
Speaker 1: this happened in one of the city's most iconic spots
Speaker 1: emphasizes the problem New York City faces. Right in the
Speaker 1: middle of a city, what could be more of the
Speaker 1: center of the city and of the world than Times Square.
Speaker 1: For this to happen is just unthinkable, unacceptable. I called
Speaker 1: it unconscionable. There are no words. We have to do
Speaker 1: something about it. The m t a's General Liber says
Speaker 1: as though while the issue is atypical for the city,
Speaker 1: it's being felt acutely in this time of COVID. The
Speaker 1: federal trial with three former Minneapolis police officers charged with
Speaker 1: violating George floyd civil rights. It's Derek chaubin pinned the
Speaker 1: black Man's neck to the street, is set to begin
Speaker 1: today with opening statements. All three are also charged for
Speaker 1: failing to provide Floyd with medical care. In Michigan, students
Speaker 1: returned to Oxford High School today for the first time
Speaker 1: since of deadly shooting there nearly two months ago. The
Speaker 1: school's principles see Wolf posted a video message to students
Speaker 1: on YouTube. You know what's going to be really difficult
Speaker 1: for our students and our staff to come back because
Speaker 1: we're still greeting, and our thoughts and our prayers will
Speaker 1: continue to be with the victims of this Sensuss Act
Speaker 1: and this tity, and for those who continue to heal.
Speaker 1: You allow that shoot her. Fifteen year old Ethan Crumbley
Speaker 1: is currently being held without bond in an adult jail.
Speaker 1: Global News twenty four hours a day on here and
Speaker 1: on Bloomberg Quicktake, powered by more than twenty seven under
Speaker 1: journalists and analysts more than a hundred twenty countries. I'm
Speaker 1: Michael Barr. This is Bloomberg, Nathan. Thanks Michael, almost six
Speaker 1: thirty six on Wall Street. John Stashiris at the Bloomberg
Speaker 1: Sports Update, Thanks Nathan. A wild weekend of NFL playoffs,
Speaker 1: with all four games being won on the final play
Speaker 1: Three road teams won on game and field goals, and
Speaker 1: then the Bills in Chiefs in a game for the
Speaker 1: Ages twenty five points scoard in the last two minutes
Speaker 1: of regulation, three lead changes, including Buffaloes go ahead teeny
Speaker 1: only thirteen seconds left. Kansas City still able to tie
Speaker 1: the game in the last second field goal, and they
Speaker 1: beat the Bills forty two to thirty six and overtime,
Speaker 1: and the Chiefs will host the a f C Championship
Speaker 1: game for the fourth year in a row. They'll take
Speaker 1: on the Bengals. The Rams beat the Bucks thirty to
Speaker 1: twenty seven on a field goal that came after Tampa
Speaker 1: Bay rally from twenty four points down to tie the game.
Speaker 1: Tom Brady nearly pulled off an f A comeback. Not
Speaker 1: quite at the end. There's only one team that's gonna
Speaker 1: be happy. I feels good to move on when you
Speaker 1: move on, and obviously when you don't, uh, you know
Speaker 1: whether it was last week or this week, or next
Speaker 1: week or the week after, two weeks after that, after
Speaker 1: you're the loser in that game at all, it all
Speaker 1: sucks for losing me. And asked if he's now going
Speaker 1: to retire, Brady said he'll take it day by day.
Speaker 1: The Rams, after winning on the road, now go home
Speaker 1: play the forty Niners to the NFC title of the
Speaker 1: ramed win. They'll stay in l A for the Super Bowl.
Speaker 1: The next home stand is over. They lost the first
Speaker 1: three but beat the Clippers one ten, one oh two.
Speaker 1: Let all the way. R J Barrett twenty six points,
Speaker 1: four team rebounds, dicks way tonight in Cleveland. Started a
Speaker 1: tough week. They go to Miami, then Milwaukee. They'll play
Speaker 1: three at the top five in the East in Minnesota.
Speaker 1: Thirty points for Kyrie Irvy not enough. That's lost one
Speaker 1: Devil's beat by the King's three to two. Daniel Medvedevan
Speaker 1: to the quarterfinals the Australian Open, and so is Danielle Collins.
Speaker 1: One of three Americans and the women school John everyone
Speaker 1: Blueberg sports all right, John thinks it's six thirty seven
Speaker 1: on Wall Street, time to take a look at stocks
Speaker 1: and some of the names moving in the pre market
Speaker 1: with Bloomberg Radio and TV Markets correspondent Created Gupta on
Speaker 1: a down Monday, creates still a lot of buying interest
Speaker 1: in Coals this morning. Yeah, some deal news potentially when
Speaker 1: it comes to Cole's case us is your ticker up
Speaker 1: just shrive tent. This of course comes after the weekend
Speaker 1: where they did have not just one suitor, but two suitors, Nathan,
Speaker 1: the Coles actually turning out to be the bell of
Speaker 1: the ball here to suitors Sigmore Partners and a Starboard
Speaker 1: backed investor UH specifically Sigamores looking at a bit excuse
Speaker 1: the Starboard back to investor looking at a bit about
Speaker 1: sixty four dollars to share. This comes after, of course,
Speaker 1: we know retailers broadly have been struggling with the likes
Speaker 1: of the omicron variant. Coals really at the front of that,
Speaker 1: it's current investors Engine Capital and must sell them. Advisors,
Speaker 1: which is also an activist investors, has been pushing Coals
Speaker 1: to consider strategies, to consider sales, and now Nathan, it
Speaker 1: looks like it's going to happen at least are too
Speaker 1: people familiar the idea that they do have two suitors
Speaker 1: on the table while they're still struggling. Nevertheless, KSS once again,
Speaker 1: is your ticker just shy of twenty nine cent? And
Speaker 1: speaking of activist investors, Nathan doesn't stop at Cole's peloton
Speaker 1: as well. P t O N is your ticker up
Speaker 1: one and a half percent? We know this company has
Speaker 1: really been struggling for a while now, what comes with
Speaker 1: regulatory scrutiny simply not not many people needing to buy
Speaker 1: a home bike anymore, and we've seen the shares really
Speaker 1: tumble with that stay at home trade kind of fading
Speaker 1: now with spacing calls from an activist investor, Blackwell's Capital
Speaker 1: to fire its chief executive officer, John Foley and pursue
Speaker 1: a sale once to court once again, according to a
Speaker 1: person with knowledge of the matter coming from Bloomberg reporting
Speaker 1: O veryam Scott Devote reporting that story. Somebody keep in
Speaker 1: mind lots of deal news happened this morning and a
Speaker 1: few analysts moves this morning as well. A few analysts
Speaker 1: moves as well. Let's just start off with discover d
Speaker 1: f S. Is your ticker up one point four percent?
Speaker 1: Piper Sandler upgrading Discover on quote a great setup for shares,
Speaker 1: raising the firm's price target up to two from one
Speaker 1: five a share. This is crucial because you're actually seeing
Speaker 1: a company Piper Sandler smile essentially on a company that's
Speaker 1: in the fintext place, that's in the credit card space.
Speaker 1: We know, especially with all spending data, these companies along
Speaker 1: with banks, have been under some pressure recently. Moving on too,
Speaker 1: Arista Networks upgraded to a buy from a neutral over
Speaker 1: at City following more than a seventeen percent year today
Speaker 1: pullback in the shares through Friday, City saying that there
Speaker 1: are several positive catalysts in the near term. A n E.
Speaker 1: T is your tigger, they're up half a percent, and lastly,
Speaker 1: we do have a couple of earnings coming out this morning.
Speaker 1: Haliburton is going to be the top of the agenda.
Speaker 1: H A L up three tenths of a percent before
Speaker 1: that report, and IBM as well reporting after the bell
Speaker 1: down six tenths of a percent in the pre market.
Speaker 1: Nathan all Right, Bloomberg Radio and TV Markets corresponded to
Speaker 1: create gupta with us as always in the early trade,
Speaker 1: and we said we checked the markets before they open
Speaker 1: this morning. Futures are moving lower. S and P futures
Speaker 1: are down eight points. Style futures down forty three. Nasdaq
Speaker 1: futures while we're by forty two points in the tenure.
Speaker 1: Treasury is up eight thirty seconds. The yield one point
Speaker 1: seven bitcoin right now just shy of thirty three thousand,
Speaker 1: eight hundred dollars. You're listening to Bloomberg Daybreak Bloomberg eleven
Speaker 1: three oh weather sunshine mid thirties today, partly sunny near
Speaker 1: forty tomorrow, sunny mid twenties for Wednesday. Right now, clouds
Speaker 1: and twenty nine degrees in Central Park markets. Headlines and
Speaker 1: breaking news twenty four hours a day at Bloomberg dot Com,
Speaker 1: the Bloomberg Business apt and at Bloomberg Quick Tape. He's
Speaker 1: a Bloomberg Business Flash and I'm Karen Moscow. Futures are
Speaker 1: following this morning. Let's go to the First Word breaking
Speaker 1: news desk for today's morning call, and here's Bill Maloney. Bill,
Speaker 1: good morning, Good morning, Karen. That's right. US futures are
Speaker 1: in the red right now, with DOWN futures down thirty
Speaker 1: two points, sysips dropped five well. NASDAIC futures are lower
Speaker 1: by thirty the US ten year old at one point
Speaker 1: seven three percent, Gold is up, for oil is trading lower,
Speaker 1: and Bitcoin is sinking another four point four percent. Hong
Speaker 1: Kong dropped one percent overnight, while up of markets are
Speaker 1: also in the red, led by two percent losses in Italy.
Speaker 1: Back in the US, on the economic Frinday thirty, Chicago
Speaker 1: fed and at nine forty five January p m I s.
Speaker 1: On the geopolitical front, the US has ordered families of
Speaker 1: diplomats out of the Ukraine, and the New York Times
Speaker 1: report that Biden is weighing deploying troops to Eastern Europe.
Speaker 1: In Dean news. In Europe, Unilever jumped after people familiar
Speaker 1: said that Nelson Peltz built a stake. Pelton received a
Speaker 1: letter from activist investor Blackwells. Coles surge percent pre market
Speaker 1: after Sigamore Partners reportedly reached out about a takeover, and
Speaker 1: When Resorts is looking to sell its online sports bed business.
Speaker 1: In other news, fouch He says the Omicron virus is
Speaker 1: moving in the right direction and wrapping things up a
Speaker 1: risk and Networks was raised to buy its City group.
Speaker 1: Netflix cut the hold of Jeffreys and PPG was cut
Speaker 1: to equate. Over at Wells Fargo, Live from the first
Speaker 1: Breaking News Tascom Bill Maloney, Karen, all right, Bill, thank
Speaker 1: you to hear live breaking news over here. Bloomberg type
Speaker 1: squawk on your turbine. I'll ascue you a w K
Speaker 1: and that's a Bloomberg business flash. Now here's Michael Barrow
Speaker 1: with more on what's going on around the world. Michael, Karen,
Speaker 1: thank you very much. The State Department is ordering the
Speaker 1: families of all American personnel at the U. S Embassy
Speaker 1: in Kiev to leave the country and is allowing non
Speaker 1: essential staff to leave Ukraine. The move comes amid heightened
Speaker 1: fears of a Russian invasion of Ukraine despite talks between
Speaker 1: US and Russian officials. One of President Trump's strongest defenders
Speaker 1: is said to have talked to the House elect Committee
Speaker 1: investigating the January six attack on the Capitol. The chairman
Speaker 1: of the committee says former President Trump's attorney, the Attorney General,
Speaker 1: William Barr, has spoken to the panel. In the NFL,
Speaker 1: the Chiefs beat the bills forty two thirty six and overtime.
Speaker 1: That means the Kansas City Chiefs face the Cincinnati Bengals
Speaker 1: for the a f C title. The Rams beat the
Speaker 1: Bucks thirty seven. Los Angeles will now face the forty
Speaker 1: Niners for the NFC Championship. In the NBA, the Knicks
Speaker 1: Celtics in Warriors One, the Nets lost in the NHL,
Speaker 1: The Devil's Lost. Global News twenty four hours a day
Speaker 1: on air and on Bloomberg Quick Take, powered by more
Speaker 1: than twenty seven under journalist an analysts in more than
Speaker 1: a hundred twenty countries. I'm Michael Barr. This is Bloomberg.
Speaker 1: The following commentary is from Bloomberg Opinion. We'll all be
Speaker 1: immunized against COVID nineteen soon. I'm Justin Fox, a columnist
Speaker 1: for Bloomberg Opinion. As COVID nineteens omicron wave begins to
Speaker 1: subside in the US, one thing seems clear. After it
Speaker 1: has passed, the number of Americans who have been neither
Speaker 1: infected by nor vaccinated against the disease will be pretty
Speaker 1: close to zero. As we've all learned, the immunity provided
Speaker 1: by vaccines and prior infections isn't perfect. You can still
Speaker 1: get infected, but you're much less likely to get very ill.
Speaker 1: Some studies have shown vaccines giving better protection some prior infections.
Speaker 1: Both clearly provide some immunity boosters, and improved vaccines can
Speaker 1: provide even more. An encouraging vaccination should remain a priority,
Speaker 1: but sequestering the unvaccinated from the rest of US probably shouldn't.
Speaker 1: Despite having arrived via different roots, one far more dangerous
Speaker 1: than the other, we are for now all in the
Speaker 1: same boat. I'm justin Fox. For more opinion, please go
Speaker 1: to Bloomberg dot com, Slash Opinion or O P I
Speaker 1: n go on the Bloomberg terminal. These has been Bloomberg
Speaker 1: Opinion and Bloomberg Opinion commentaries can be heard every weekday
Speaker 1: at this time, and terminal customers can read more at
Speaker 1: O P I n go. It's a fifty one on
Speaker 1: Wall Street, and we turned to news and science and
Speaker 1: technology now at the Bloomberg and J I T. STEM
Speaker 1: Report brought to you Buying News. The Institute of Technology
Speaker 1: ranked a top fifty national public university by US News
Speaker 1: and World Report and top ten for best career placement
Speaker 1: among public schools by the Princeton Review. More at N
Speaker 1: J I T dot E DU Now. Here's what's making
Speaker 1: news and science, technology, engineering, and math. The US reported
Speaker 1: a six thousand new vaccine doses administered on Sunday. That's
Speaker 1: the lowest number since October, despite near record high infections
Speaker 1: and hospitalizations. According to the Bloomberg Vaccine Tracker, vaccinations peaked
Speaker 1: last April and more than four and a half million
Speaker 1: daily shots. Bitcoin has lost more than half of its
Speaker 1: value since heading a high back in November. The drop
Speaker 1: has wiped out more than six hundred billion dollars in
Speaker 1: market value and over one trillion dollars has been lost
Speaker 1: from the aggregate crypto market. And after one hundred sixty
Speaker 1: years in the business, Standard Chartered Bank says its transaction
Speaker 1: volumes in South Africa are now cashless. The pandemic and
Speaker 1: the ensuing lockdown across the continent coaxed Standard Banks customers
Speaker 1: into switching to digital banking. According to a CI, worldwide
Speaker 1: digital payments will account for all transactions in India by
Speaker 1: and as the Bloomberg and j I t Stem report.
Speaker 1: Nathan thanks Karen or Alive from the Bloomberg Interactive Brokers studios.
Speaker 1: Where it's six fifty two on Wall Street time to
Speaker 1: check what's going on in the c Some of the
Speaker 1: top stories in our nation's capital include the US ordering
Speaker 1: families of diplomats out of Ukraine. President Biden is reportedly
Speaker 1: considering sending troops to Eastern Europe has tensions with Russia
Speaker 1: rise close to the boiling point. Secretary of State Anthony B. Lincoln,
Speaker 1: though says now is not the time for sanctions, at
Speaker 1: least not yet. The most important thing we can do
Speaker 1: is to use them as a deterrent, as a means
Speaker 1: of dissuading Russia from engaging in further aggression. One sanctions
Speaker 1: are triggered, you lose the detern effect. Secretary Blincoln was
Speaker 1: on CBS's Face the Nation, But Democratic Senator Chris Coons
Speaker 1: is making the case for some sanctions now to show
Speaker 1: resolve the very strongest sanctions, the sorts of sanctions that
Speaker 1: we use to bring a run to the table is
Speaker 1: something that we should hold out as a current to
Speaker 1: prevent Putin from taking the last step of invading Ukraine.
Speaker 1: Senator Coon's was on ABC's This Week. Also making news,
Speaker 1: Senator Bernie Sanders saying it's time to stop negotiating and
Speaker 1: start voting on pieces of President Biden's build back better.
Speaker 1: Let's put a strong bill on the floor and miss
Speaker 1: the mansion and the cinema want to vote against little
Speaker 1: whatever Republicans want to vote against, we can go from there.
Speaker 1: Senator Sanders was on NBC's Meet the Press, and a
Speaker 1: reported draft order for the National Guard to seize ballot
Speaker 1: boxes after the election has the attention of the House.
Speaker 1: January six, Committee Chairman Bennie Thompson tells CBS has Face
Speaker 1: the Nation. They've discussed it with former Attorney General William Barr.
Speaker 1: We've had conversations with the former Attorney General Aureatic. We've
Speaker 1: talked the Department of Defense individuals. We are concerned that
Speaker 1: our military was part of this big laugh on promoting
Speaker 1: that the election was false. Face the Nation, Meet the
Speaker 1: Press and this week can be heard every Sunday on
Speaker 1: Bloomberg Video. For more, We're joined this morning by Bloomberg
Speaker 1: Government reporter Emily Wilkins with the situation in Ukraine front
Speaker 1: and center. Emily, what's the latest so over the weekend.
Speaker 1: As we reported on Friday, uh the the US did
Speaker 1: ask for families of Americans in Ukraine to leave. They
Speaker 1: also asked for some embassy workers to leave the country
Speaker 1: as well, warning that they might not be able to
Speaker 1: protect Americans should Russia invade. There's also Nathan, as you
Speaker 1: alluded to with those clips, a very heated discussion happening
Speaker 1: in Washington right now over whether more needs to d
Speaker 1: us needs to do more, that they shouldn't wait until
Speaker 1: you Russia invades Ukraine. Should they move now, Should we
Speaker 1: send troops, should we said more funding, should we send ammunition?
Speaker 1: This is something the U. S. Senate as well as
Speaker 1: the House, we're talking about doing prior to departing. I mean,
Speaker 1: the big question now is that the houses out this week,
Speaker 1: Senators out this week, Congress is not around, and so
Speaker 1: there's a question of whether makers would be able to
Speaker 1: act quickly or potentially act before Putin makes the potential
Speaker 1: first move into Ukraine. And this is something that President
Speaker 1: Biden has also been briefed on over the weekend. What
Speaker 1: it would look like to move potentially troops into um
Speaker 1: eastern Europe, what it would mean to start imposing some
Speaker 1: of these stactions that they've threatened right now due to
Speaker 1: this military build up. As you mentioned, Congress is out
Speaker 1: this week, and it sounds like the debate is resuming
Speaker 1: over whether to keep negotiating or whether to start voting
Speaker 1: on President Biden's economic agenda. Yeah, so what's Senator Bernie
Speaker 1: Sanders kind of proposed over the weekend. It kind of
Speaker 1: goes into line with how more and more Democrats are
Speaker 1: thinking about the package. They say, Okay, if we can't
Speaker 1: move forward on build back better as it is right now,
Speaker 1: what can we move forward on? Because we know that
Speaker 1: Senator Joe Mansion and Senator Kirsten Senma they do support
Speaker 1: various parts of this package. It's just that they don't
Speaker 1: support the entire thing, and so there are questions about
Speaker 1: how do they move forward. And Democrats, both progressives and
Speaker 1: more moderates, they've pointed out that even passing just a
Speaker 1: few of these things would lead to major transformative changes.
Speaker 1: That you don't need to have a one point eight
Speaker 1: trillion dollar bell, you could have something much smaller that
Speaker 1: would impact many Americans. The Democrats really they see the
Speaker 1: need to get moving on this. There was some question
Speaker 1: about why the last several weeks were spent on a
Speaker 1: doom to fail voting rights measure. Um, they want to
Speaker 1: get back to the discussion on this social policy and
Speaker 1: tax plan. Again, they're not here this week, so we'll
Speaker 1: see what the discussion looks and sounds like. When they
Speaker 1: get back that first week of February. All right, Bloomberg
Speaker 1: Government reporter Emily Wilkins keeping us on top of what's
Speaker 1: happening in the nation's capital. Even with Congress out this week,
Speaker 1: it sounds like there could be a lot of backdoor
Speaker 1: negotiations on a number of fronts as lawmakers head back
Speaker 1: to their constituencies. And you can read more about all
Speaker 1: these stories on Bloomberg dot com or on the Bloomberg terminal.
Speaker 1: Follow all the latest on Bloomberg, Rate you in Washington, Bloomberg,
Speaker 1: and one oh five point seven fm h D two.
Speaker 1: Looking ahead to the market open on this Monday morning,
Speaker 1: futures are moving lower, though pulling back from some of
Speaker 1: their deepest losses in the pre market. Right now, SMP
Speaker 1: futures are down eight points, Dow futures down sixty four,
Speaker 1: NASTACK futures are lower by forty three points. The tenure
Speaker 1: Treasury is now up five thirty seconds, the yield one
Speaker 1: point seven three percent. Yield on the two year now
Speaker 1: one point zero one percent. Nimex screwed up a tenth
Speaker 1: percent at eighty five dollars twenty four cents of barrel.
Speaker 1: Komex gold up four tenth percent at eighteen forty forty announced,
Speaker 1: and the euro is at one point one three zero
Speaker 1: four against the dollar. Bloomberg surveillance is up next for
Speaker 1: Karen Moscow. I'm Nathan Hager. This is Bloomberg