Bloomberg Daybreak Middle East. Live from Dubai, connecting Asian markets to the European opens. The show will focus on global macro issues with a middle eastern context, provide expert analysis of major market moving stories and speak with the biggest newsmakers in the region.
Simulcast of Bloomberg Television
We join a group of filmakers from Germany as they seek out a shy schoolboy in the Philippines who harbors dreams of escaping poverty through surfing. After that we take a look at a unique hotel that offers surfers everywhere the perfect way to sample the waves in comfort, even in remote locations.
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Futures jumped by the exchange limit in Chicago for a sixth straight session, following slump in January.
A worker prepares siding to install on a single family home under construction in Lehi, Utah.
Jen Skerritt
Lumber is on a tear again, bringing back the specter of increasing construction costs.
Lumber futures have recouped recent losses and risen by the exchange maximum of $45 for six consecutive sessions, touching $1,204.90 per 1,000 board feet Wednesday, the highest in three weeks. After prices slumped in January amid cold U.S. weather and transportation bottlenecks, tight inventories ahead of peak building season are helping to fuel a rebound.