alongside tom keene and lisa abramowicz, i'm jonathan ferro. tom: i get it, it is an american story. we k

alongside tom keene and lisa abramowicz, i'm jonathan ferro. tom: we are going to have good conversation on this throughout this hour, so please stay with us on that very informed conversation. as you mentioned, there's an equity lift as well. i see at a crusty safe havens and some of the commodities as well. i would respectfully suggest none of it matters. what matters is a full-scale war, and we see how that adapts to the president's speech this morning. jonathan: but we hear from the russian president and the reality on the ground in ukraine. here's a line from the russian president. "there are certain positive developments." vladimir putin earlier this morning. tom: our reporters all across the continent of europe, and the single thing that i think gives pause on a friday morning when we are all worn out is the bombing of airfields 94 miles in western ukraine, close to the polish border. jonathan: this is just 50% of the story. lisa: we need the other half from the ukrainians. a lot of international strategists have come on this show and sa

i'm jonathan ferro, futures down 4/10 of 1% on the s&p. lisa, the bank of russia to allow training in 33 stocks tomorrow. lisa: will it be only domestic traders? there are so many sanctions prohibiting trading from foreigners, prohibiting money from coming in in dollars. how much is their incentive? it is pushing harder and harder. they had eased a bit over the past week. >> how does the fed lower inflation if they are seeing that ongoing easing of natural conditions, seeing stocks continue to rally, and how much is it -- i won't use the t -word. how much is this a belief in base effects coming and allowing inflation to go back down, even to 4%? is that enough for the fed to say we are making some progress? jonathan: i think even that phrase wound you up. lisa: it doesn't take much to want me up. jonathan: a major supply type response this year and on the covid front, perhaps maybe they get it. kailey: from moderna, which is one of the vaccine-makers. it is releasing the results of its testing in children under six, finding that the vaccin

this is "bloomberg surveillance ," i am jonathan ferro. no breakthrough in turkey. tom: the war in ukraine is extraordinary. there is a separation from the ecb and the inflation report and the horrific news flow out of ukraine. and then you go down to negotiations in turkey. this is a morning of sadness and frustration. jonathan: mr. lavrov saying russia wants serious talks with ukraine and belarus. then -- tom: i like what greg wrote. he said mr. pruden will have to fabricate his story. valley a -- vallier says how soon does mr. putin face a devastating depression? jonathan: you got the impression that vladimir putin was the man in charge. lisa: cease-fire talks were not on the table so that serious talks could ensue. they perhaps were not that serious. where are we in terms of a diplomatic solution when there is not an offramp for putin to save face and ukraine -- jonathan: are we going to talk about inflation? we have to shift our attention away from the tragedy we saw in mariupol. lisa: it is hard to talk about economic data points when there is a humanitarian t

jonathan ferro, lisa abramowicz, and tom keene. a most even for monday for you on radio and television. it is simple. we begin to measure yield

jonathan: looking forward to being with you. tom keene, lisa abramowicz, and jonathan ferro. this is bloomberg. lisa: keeping you up-to-date with news from around the world with the first word i am lisa mateo. u.s. supreme court nominee ketanji brown jackson will get at least one republican vote for confirmation. senator susan collins tells "the new york times" the second meeting with jackson alleviated her concerns and she will vote in favor of the nomination. jackson is the first black woman ever nominated to the supreme court. the u.s. warns that ukraine's capital remains under threat despite russia's promises to scale back military operations. a pentagon spokesman called the russian move a repositioning, not a withdraw from the area around the capital. moscow is likely to focus on taking control of two eastern provinces. the world's largest commodity trader glencore will not seek any new deals in russia but it will continue its valuable business ties there. glencore just completed a month-long review of operations in russia. it says there is no realistic way to exit russi

alongside tom keene and lisa abramowicz, i'm jonathan ferro. tom: i get it, it is an american story. we know what a gallon of gas costs. but it is heating up in europe as we enter the later part of this week. what is it, a chess match, a game of chicken between germany, italy, and mr. boudin on the price of oil -- and mr. putin on the price of oil? jonathan: the administration, according to the team here at bloomberg, reporting that maybe we release one million barrels of oil a day for something up to 118 million barrels of oil. tom: i am going to talk to professor will kennedy and javier blas about that. i am skeptical as an amateur about any kind of long-term benefit from that. maybe i am wrong. jonathan:jonathan: -- jonathan: wti down 6% this money -- this morning. lisa: what is going to be the process of rebuilding inventories, and what does that due to a market that is already tight? jonathan: so far, so good for this economy. the labor market, how tight is that? tomorrow, 490,000 is the estimate for payrolls, for unemployment, lower to 7%

. >> this is "bloomberg surveillance" with tom keene, jonathan ferro, and lisa abramowicz. jonathan: bouncing back from a four day losing streak. good morning. for our audience worldwide, on tv and radio, alongside tom keene and lisa abramowicz, i'm jonathan ferro. we had the action from the president of the united states. we wait for the reaction from russia. tom: the zeitgeist today is a little more eventful than it was yesterday, but what i notice in the last hour, there's a more constructive tape. it is not a turnaround, but there's a relaxation from the tension witnessed by euros swissie and gold. jonathan: if you're in the treasury market, you start to think more about cpi tomorrow morning. the highest we have gone back to 2016. tom: is inflation tomorrow like payrolls last week? nobody really cares. jonathan: can you ignore cpi tomorrow like we ignored payrolls on friday? lisa: it gives you a sense of where we are starting from in terms of how much inflation can go up. how much are we looking at momentum that will only be accelerated by what we are seeing in the comm

i'm jonathan ferro. futures -- futures positive .5%. tk welcome back. tom: there's a difference in paris to ukraine. you did not feel the war but the tension was there. nevertheless, you saw it across all of paris. as morning, we see it in nato. i hesitate to use the word pageantry as you see mccraw and biden but these are important meetings. jonathan: going from nato to a g7 meeting, what you think is achievable? tom: i'm not sure what is achievable. i think we will see something on lng and for the bloomberg world maybe we will see something on further armament of ukraine, but what is achievable is you have allies together. mr. biden said that from day one of his administration. jonathan: the allies coming together today, kailey leinz, earlier, a statement from the g7 seed by bloomberg rees as follows, to warn putin against using chemical on -- or nuclear weapons. kailey: the words are statement and warning. the question is whether the west can get themselves on any further action. the president promised further sanctions announced during this trip to

with tom keene and lisa abramowicz, and jonathan ferro. on radio, on tv, this is bloomberg. ♪ ritika: keeping you up to date with news from around the world, with the first word, i'm ritika gupta. an advisor with you cain's president -- with ukraine's president says the next round of talks with russia will begin today. that comes as an evacuation from a southern city has been stopped for a second day. ukrainian officials claimed that russia has again violated a temporary cease-fire deal brokered to allow passage of civilians. the u.s. house of representatives is looking at a bill that would ban the import of russian oil and energy products following its invasion of ukraine. the biden administration is said to be think about taking the move all -- the move on its own if it cannot get european allies to go along. more than 16 million people, almost 37% of the total electorate, are said to have already cast their ballots, 11% higher than the last election. the death toll from covid-19 has crossed the 6 million mark as the pandemic enters it

. >> this is bloomberg surveillance with tom keene, jonathan ferro, and lisa abramowicz. jonathan: live from new york city for our audience worldwide. this is bloomberg surveillance on tv radio alongside tom keene and kailey leinz, i'm jonathan ferro. from brussels to poland, the president on the move. tom: air force one on the move. on the greater european front, the future of g20, will russia be involved? far more, the relationship of poland with united states of america, there is a deep history here. this is an important meeting with a capitalistic juggernaut of eastern europe. jonathan: the diplomatic effort in china's role in that. president xi had a call with prime minister johnson. we are getting some national headlines. a headline that said xi should promote peace talks in ukraine and china is willing to play a constructive role. tom: my guess starts with communication first. it will be interesting to see how the united states and china communicate with each other. maybe that is job number 14 secretary of state blinken moving into april. jonathan: that is moving i

i am jonathan ferro. futures down a third of 1% on the s&p. >> the bond market is bringing forward the expectation for a recession. can equities keep dancing if they think that recession is going to happen in a year and not the next couple months? jonathan: at what point is there an alternative? how high do we need to go in the treasury market? >> how high do we have to go on the front end and how low do have to go on the back end? how much do people revert back to lower yields over the long-term with this bringing forward a recession? in other words, this will all torpedo some of the economic momentum and longer-term we go back to where we were and then some in terms of low rates and low inflations. jonathan: this market this month has done nicely on the s&p since the fed chair's a few days ago. we need to stay on top of russia's invasion of ukraine. you've seen the report by now. russia will respond to what the polish did early today. kailey: we will have to see what response that takes shape in. we lis

jonathan ferro, lisa abramowicz, and tom keene. an

this is "bloomberg: the open" with jonathan ferro. jonathan: live from new york city, we begin with the big issue. right now, talks between president biden and president xi. >> this is an opportunity for president biden to assess where president xi stands. there has been rhetorical support. the fact that china has not announced what russia is doing in and of itself speaks volumes. jonathan: as u.s. fears grow china may support russia's invasion, secretary blinken delivering a warning. >> china will bear responsibility for any actions it takes

alongside tom keene and risa from up it's, i'm jonathan ferro -- lisa abramowicz, i'm jonathan ferro. a hope for a breakthrough between russia and ukraine in the last 20 four hours, had think it much both sides in the last few hours, pouring cold water over that. tom: what we see in moscow, there is a set of headlines, it is real simple, russia walks it back. washington walked it back with a vengeance yesterday afternoon. did you see that equity market yesterday? jonathan: what a run. some big news -- moves for big tech as well. tom: there may be a short cover. i'm not fancy enough to know that stuff, but i will say this. what has caught gimmick characteristics, there is an acceleration to these moves, the bear grew says it is an up rally within a bear market. time will tell. jonathan: david kostin with goldman, i will catch up with him. some of this is a short covering move and we can discuss that. tom: so is he still in a baritone? jonathan: no. he still has a decent year and price target. in the face of what we's -- what we've seen in the yield market, lisa, -- lisa: i feel every t

. >> this is bloomberg surveillance, with tom keene, jonathan ferro and lisa abramowicz. jonathan: good morning. this is bloomberg surveillance come live on tv and radio. i am alongside tom and lisa abramowicz. what a day we've got lined up today. tom: it is a huge day beginning out of china and that fed meeting this afternoon. 9:00 will be something interesting to see as the gentleman from ukraine addresses congress. jonathan: no doubt he will get a standing ovation at the end of it. there will be some asks in that address. i wonder if the white house will deliver them. tom: the asks have to do with allies and this is starkly different from the beginning of world war ii. we are distant, i think that is the reigning theory of the moment but something we will have to monitor. annmarie hordern with us. the fed meeting folds into it as well. jonathan: this is the elephant in the room for the fomc today. lisa: how long this conflict will persist and what the effect will be on commodities. how much of it is going to message around that whipsaw we saw and oil prices -- saw in o

i'm jonathan ferro alongside tom , keene and lisa abramowitz. a move in crude yesterday evening. tom: it is across all of the bloomberg terminals. it goes 1.40, which is stunning. the moment we are in for the markets need maximum focus. jonathan: the administration is speaking openly about it, perhaps a ban on russian crude. tom: the political side of it is very important. yet the tragedy and human cost in ukraine but we are missing it through the markets. i hesitate to use the word instability rather than mass uncertainty. jonathan: where do we get the supply from? we could have a delegation that says, please can we have more. lisa: a lot of people have been waiting for this as the u.s. has been working on some type of iranian deal. which could just make a difference, it is not just oil. it is we. one person on twitter -- it is also wheat. jonathan: and the banks as well. the banks in europe down almost 5%. this is a daily. every single day they turn lower and lower. tom: there is just a rationalization forward. ubs and the team over there put out a careful note on europe and th

jonathan: live from new york city, i'm jonathan ferro. this is bloomberg real yield. in europe, a flurry of midweek deals pushing debt sales above 23 billion euros. weekly volume topping estimates despite estimates going quiet after the ecb decision. in the u.s., bond sales surpassing. the junk bond market remaining quiet. one deal this week setting up for the slowest first quarter since 2009. when he, zach griffiths, lofti karoui are still with us. how much damage has been done in credit? investment grade through high yield, take us through it. winnie: from a returns perspective, an off a lot of damage has been done. ig is having the worst performance start on record. high yield is on the second worst performance on record. from a spirit perspective, the move has been big but not quite as large as those return losses would indicate. it all comes down to the starting point of broader yields. everything was so low and so tight, but the sensitivity of portfolios to a rising yield is driving outside total return losses. jonathan: are there particular dislocations in inve

jonathan: you drank the jon ferro kool-aid. kailey: i have been on the show for a couple days because someone decided to take a trip to arras. here i am -- a trip to paris. here i am adopting jon ferro's thinking. tom: the commodity market is what i am looking at. you can understand with brent crude on a tear, up 20% is not even a headline. $122 a barrel. stay with us through this historic morning. diplomacy in europe. much going on in washington. the senator from ohio, a sharp conversation at 12:00 noon. this is bloomberg. good morning. >> welcome back to a special miami open update for bloomberg tv and radio. the atp and wta tours move on to florida for one of the most prestigious masters 1000 tournaments of the year. naomi osaka bought off to a start at the hard rock stadium as she took out the aussie in three sets. she will now face fell out major champ for a spot in round three. >> last match i played was not the greatest memory for me. i just wanted to -- [applause] erin: later, stevens also moving on. the 2018 u.s. open

. >> this is bloomberg surveillance with tom keene, jonathan ferro, and lisa abramowicz. jonathan: this is bloomberg surveillance live on tv and radio alongside tom keene and kailey leinz. tom: what i find interesting is the idea will russia exited the g20? that is a signal of the moment. there are other side stories. we will go to maria, to anne-marie, to aggi. the data is beginning to come in. you mentioned the german data. that means something to brussels. jonathan: german business confidence collapsed. that is their word, completely rolled over in a massive way. tom: what is going on into the weekend. what the pros are watching the middle distillates of oil and that will be the conditions like german confidence where we get a measurement of where we are now. we don't know where we are. jonathan: 216 on the u.s. two-year. kailey: what is the yield curve signaling, especially to a federal reserve that throughout the course of speakers that we've heard through this week, and will get more today, are pushing the hawkish narrative of 50 basis points in may and perhaps agai

jonathan ferro, lisa abramowicz, and tom keene. a most even for monday for you on radio and television. it is simple. we begin to measure yield up, price down, and a bond bear market. jonathan: some big losses through the treasury market. the spread between twos intends in single digits earlier this morning. right now, 14 basis points. tom: you wonder when that shift is. wait a minute, let's check price. i think we are doing that now, and i think there is a sea change with the correlation into central banks looking at currency, the litmus paper of the global system. jonathan: dollar-yen through 125. we are starting to figure out which central banks will do what this year. may be a japanese yen that as a whole lot weaker. the federal reserve is ready to go big time. they need to do something about inflation. the bank of england seems to have a much more balanced view on the trade-off between growth and inflation. i hear from governor bailey, what i hear when he speaks is a man that has a much lower confidence level about the outlook

alongside tom keene and lisa abramowicz, i'm jonathan ferro. tom: we are going to have good conversation on this

jonathan: i'm jonathan ferro, futures in this s&p. we are going to start with this bond market move. lisa: yesterday, huge move. was this a hawkish fed meeting? to me, that with the rhetoric come and get the market took it as something slightly different. jonathan: threes are basically there already. lisa: basically, people are saying the fed cannot accomplish the stock landing that they seem confident they are going to accomplish. they are saying you are going to spur some sort of slow down. it is basically one sign of that coming to the floor. i'm not seeing it in equities, but the bond market is sending a clear message. jonathan: report of major progress in ukraine, kailey, that is wrong. reports of major talks, "wrong." kailey: that with the story published yesterday, to kind of outline what a peace agreement might look like. ukraine wants security guarantees. there a lot of remaining questions which may be is why the kremlin is saying that major progress has not yet happened because it is going to take quite some time to iron out

alongside tom keene and lisa abramowicz, i'm jonathan ferro. tom: in the last hour and a half, a move from the $109 level , the high for the

live with lisa abramowicz and kailey leinz, i'm jonathan ferro. a conversation between the president of the united states and european leaders. lisa: they are going to try to understand what comes next is this conflict rages on, as the war in ukraine continues to take a serious toll. what is the exit strategy here? is there an offramp, or has that become more elusive the longer this has gone on? jonathan: getting whipsawed by some of the conversations come of the talks of the kremlin this morning, saying progress is "less than we would like." lisa: do markets even care at this point? people are looking at mariupol, the city in ukraine, and whether there's any willingness to give it up by that deadline today, the demand that russia has placed on them. unlikely that they will. it is catastrophic and so depressing to see this and not see that offramp. jonathan: the biggest week of gains on the s&p going back to november 2020. kailey: looking right through any geopolitical risk out there, the question is, is that a sustainable rebound or was it a dead

alongside tom keene and lisa abramowicz, i'm jonathan ferro. big things can happen in the fog of war. tom: we had the panic last night. i think panic is the right word. we don't usually like to do that, but can we agree 7:30 last night, panic? jonathan: i think a lot of people were scared.

this is bloomberg. ♪ jonathan: live from new york city, i'm jonathan ferro. this is bloomberg real yield. time for the week ahead. eurozone gdp early in the week on tuesday. data on wednesday. and then a big thursday with an ecb rate decision followed by christine lagarde's news conference. and then second before she speaks, u.s. cpi. back with us are frances donald, george goncalves, robert tipp. s&p to remove all listed and/or domiciled in russia. that will take place prior to march 9. the dow jones to reclassify russia from standalone to em. this is the nuclear plant that came under fire yesterday. u.s. saying they should allow shift changes at ukraine's nuclear plant. some of the headlines in the last couple of moments. let's get to our guests. frances, set the stage. thursday morning, cpi drops, lagarde comes out. i wonder what will happen that morning. what are you looking for? frances: let's go back to the theme of what we need to know about the future. u.s. cpi, we know it will be about 7%. with energy prices rising, we are going into march, all econo

. >> this is "bloomberg surveillance" with tom keene, jonathan ferro, and lisa abramowicz. jonathan: good morning. this is "bloomberg surveillance ," live on tv and radio. alongside tom keene and lisa abramowicz, i'm jonathan ferro. futures up 0.6% on the s&p. on the commodity market, monster moves again. tom: i don't buy the stock market bounce. in the commodity markets, there it is, nickel. i would note gold. i think it has been underreported. gold is the ultimate war commodity. hit $2027 about 2:00 a.m. this morning. jonathan: shell pulling back from russian crude, and china mulling stakes in russian energy and commodity firms. where the west goes, does china step in? tom: there's a vacuum there, and someone is going to step in. i think everyone understands that. clearly the leader is china with a relationship with moscow that goes back for decades. no surprise there. but the west is going to do what the west is going to do. maybe will will here for -- hear from president biden on that. jonathan: if they ban the import of russian energy, does the chinese government step

alongside tom keene and lisa abramowicz, i'm jonathan ferro. for the president, the week begins right now. tom: it is on diplomacy. while the diplomacy is going on, including the headline we got come up to 100,000 fleeing war, it is an exceptional blast on the black sea right now. the exception will video, the ukraine navy says the ship blown up. the headline to me is the war continues. jonathan: three issues at play here. one is combat, the risk of chemical warfare i russia. two is china, their role in all of this. three, the energy dependency of europe on russia and what the u.s. can help them do. over the next couple of days, can the agree on something big? tom: those are three disparate parts. the chemical warfare issue is germane because right now, correct me if i am wrong, and the last 48 hours, there's been constructive ukraine war news. you wonder what that means for mr. putin. jonathan: keep an eye on the headlines as they come in. vladimir putin requesting that the europeans pay for russian gas in rubles. kailey: we saw the pushback s

alongside tom keene and lisa abramowicz, i'm jonathan ferro. tom: in the last hour and a half, a move from the $109 level , the high for the morning $113. jonathan: the russia talks may happen today. the objectives of those talks, something we have to revisit every single time we see those headlines. tom: we have to see, within the courage of what we are seeing from ukraine. i think we are flying blind here, blinder then we were three days ago. jonathan: payrolls on friday, adp later today, cpi print on march 10 could have an 8% handle. what on earth are they going to do this year? lisa: has they lost control over the inflationary pressures in the economy? if they have, what is the ramification for an economy that has been hinged on every fed chair powell word for the past couple of years? how do we dovetail into a new regime? jonathan: your nasdaq up by 0.7%. yields down hard in the u.s., harder in germany, much harder in the u.k. we reverse some of that move today. wti very close to $110, up by 6%. euro-dollar, a break of 1.11 to the downside

alongside tom keene and lisa abramowicz, i am jonathan ferro. what a morning. tom: a really full morning, and it is all serious. all that is going on in china, with the prime minister of japan in an extensive press conference now. very interesting. but that is secondary to what we see this afternoon with the fed meeting and far more what we will observe and witness this morning at 9:00. jonathan: the ukrainian president addressing congress. ukrainian proposes becoming a neutral country but having its own armed sources, and it could be viewed as a certain kind of compromised tom: austria, sweden, another non-nato eu nations, which is read the kremlin leans to, and ukraine, after 15 minutes, says, eh, maybe not. jonathan: our way, not sweden, not austria, our way. lisa: security guarantees have to be the focus of talks. what is the new model? you cannot flip the switch and go back to what was before this engagement. there has been a lot of change and willingness by nato forces to encroach further upon the borders of russia. jonathan: equity market drifting higher

alongside tom keene and lisa abramowicz, i'm jonathan ferro. futures up 1% on the s&p. big week coming up. tom: the fed meeting on wednesday, we will have full coverage. it all wraps around the next step in this war. what is fascinating is on the warfront, maria tadeo will give us perspective there, what is next? far more is the embedding of sanctions. that is the great unknown this week. jonathan: on all of those fronts, china's role in all of it, as jake sullivan sits down with the top security diplomat today. tom: damian sassower said flat out, russia is going to default this wednesday. when you do that, you've got to go do your best friend in beijing. jonathan: his best friend has his own problems. 17.5 million residents in shenzhen locked down. lisa: and a lot of factories very relative and -- very relevant to the rest of the world. the fact that they are still trying to do zero covid at a time when you are seeing an outbreak in a number of chinese cities, how much does this slow global growth and push inflation that much higher by interrupting some of the supply c

alongside tom keene and lisa abramowicz, i'm jonathan ferro. tk, a big conversation about sanctions. we've got to wait for the reaction from tom k.: russia, haven't we? tom k.:we are getting the reaction somewhat today. the headline that gets my attention is the russians know to the issue, which is employing people. this is something we really haven't talked about. it is out to a jobs report in early april which is, this is about jobs in europe, in america, in russia. jonathan: this is the headline from the russians. russia may rethink energy commitments after sanctions. what do you think of that? tom k.: i think they're going to come back and we are going to have to see what the new slow is. the ruble out it 1.37., going to call that elevated. the tape is complex. jonathan: we had a headline from russia. they said they will restrict trade and some raw materials. it is the russian response now that i think we have to pay attention to. lisa: it did a little bit feel like, if you're not going to let me into your club then i refuse to be in your c

i'm jonathan ferro. futures on the s&p just a little bit softer after a four-day winning streak on the s&p 500. russia's promises met with international skepticism. tom: headlines right now. i will let you get to that. what i see here is round-trip after the buoyancy yesterday. ruble does round-trip, so does everything else out there. all of that preparing us for immediate april. we need to remember on this wednesday it is a nonfarm payrolls week. we have to get used to it. jonathan: we can go through some of the data. some of the expectations ahead of friday. this u.s. government it is mistrust and verify. they do not trust the promises of the russian government. they are looking to verify some of the pledges made in the last 24 hours. ultimately they are a promise to sharply withdraw from ukraine's capital. tom: it is 6:00. he would is from bloomberg. kremlin, no breakthrough in ukraine talks. what else do you need? we are getting the micro measurements. the bank of russia moves money around today. the

trading, this is "bloomberg: the open" with jonathan ferro. jonathan: we begin with the big issue. chairman powell taking center stage. chair powell: tightening is happening right now. >> they have become fairly aggressive. >> there's a signaling to the market. >> the idea the fed has done its job, delivered as advertised. >> seven or eight hikes. >> very reflexive, buy the dip kind of balance. >> and nasdaq went up more than the s&p. >>

this is "bloomberg: the open" with jonathan ferro. jonathan: live from new york city, we begin with the big issue. new sanctions on russia. >> we are continuing to look at options to expand and deepen our sanctions and anticipate we will have more for you on that in the coming days. jonathan: wrapping up the pressure abroad and looking to alleviate the pressure at home. bloomberg reported the white house is considering a massive release of crude from its reserves. fruit traded chart -- crude trading sharply lower on the news. at one full and 30 eastern time -- at 1:30 easternim

this is "bloomberg: the open" with jonathan ferro. jonathan: live from new york city we begin with the big issue. president zelensky tweeting our demands are the end of the war at the withdraw of the russian troops. there is a dialogue. renewed hope for a diplomatic breakthrough contrasts with actions on the ground. russia striking a military base 15 kilometers from poland's border and several reports suggesting russia asks china for help. bloomberg reporting russia

alongside tom keene and lisa abramowicz, i'm jonathan ferro. futures up 1% on the s&p. big week coming up. tom: the fed meeting on wednesday, we will have full coverage. it all wraps around the next step in this war. what is fascinating is on the warfront, maria tadeo will give us

this is "bloomberg: the open" with jonathan ferro. jonathan: live from new york city we begin with the big issue. strong words and unintended consequences. president biden with a message for russia's leader. pres. biden: putin is now isolated more than he has ever been and i'm taking action to make sure the fate of our sanctions is targeted at the russian economy. we are enforcing powerful economic sanctions, cutting off russia's largest banks from the international finance system. jonathan: a growing list of sanctions intended to leave russian energy untouched.

this is "bloomberg: the open" with jonathan ferro. jonathan: live from new york city, we begin with the big issue. we have left off. >> we finally got the first fed rate of the cycle. >> all of the forecasts were not particularly encouraging. >> unrealistically hawkish. >> the numbers do not add up. >> i cannot at the numbers up and make any sense of them. >> i do not think they believe it. >> it is true we need to get rid of inflation. >>

alongside tom keene and lisa abramowicz, i'm jonathan ferro. futures up 0.6% on the s&p. on the commodity market, monster moves again. tom: i don't buy the stock market bounce. in the commodity markets, there it is, nickel. i

this is "bloomberg: the open" with jonathan ferro. jonathan: live from new york city, we begin with the big issue. russia stepping up its assault across ukraine. president biden commending ukrainian efforts, delivering another warning for vladimir putin. pres. biden: united states and people around the world will continue to support the ukrainian people. ukraine will never be a victory for putin. jonathan: the president speaking from the white house in just over one hour, prepared to announce the end of russia's preferred trade status and declaring the wafers de

this is "bloomberg: the open" with jonathan ferro. jonathan: live from new york city, we begin with the big issue. a humanitarian crisis. russia and ukraine saying they will make an effort to establish corridors of civilians fleeing the fighting. u.s. ready to step up sanctions once again. >> there is a significant opportunity, but imperative in this moment to violate -- to finally move off of the defendants on russian energy

this is bloomberg, the open with jonathan ferro. jonathan: live from new york city, we begin with the market pricing in a slower fed. >> it's possible the cycle is faster and hotter. >> the market can handle it. >> chair howell told us that's exactly the thing that should be on the table. >> they have joked about raising rates 15 basis points. >> it puts a lot of pressure on markets. >> you look at the two-year and five-year, they have priced in a bit of this.

. >> this is bloomberg surveillance with tom keene, jonathan ferro and lisa abramowicz. jonathan: live from new york city for our audience worldwide, morning, this is bloomberg surveillance on tv and radio. futures are up /10 of 1%. tom: the vix is at 32 and we are watching for 40. it's churning in its range bound. jonathan: yields are higher from the one 40's last week to the 100 80's this week. tom: here is a yield which folds it altogether. scott says why are you quoting russian yields at 12%? there is a lot of agony there from high yield to investment grade over to em and the trouble they are having in moscow. jonathan: in russia there is a low bar. the fact that ukraine talks are continuing is positive. lisa: i think a lot of people are hoping for more especially day after day of russian assertion or something happening at the different message from k yiv. tom says we haven't seen catharsis but how unusual is it that bonds and stocks are falling hard? it's the worst performance going back to 2008. jonathan: and what's crude doing down there? lisa: it's hard to under

this is "bloomberg: the open" with jonathan ferro. jonathan: live from new york, we begin with the big issue. a commodity shock. >> this extra move up triggered by a potential disruption to oil supplies around the ukraine crisis. >> this is an enormous amount of oil. >> this is not just about oil. look where we'd prices are, it is about metals, it is copper, it is aluminum. >> a number of ports and the black sea are not taking boats at the moment. >> the inability to

this is "bloomberg: the open" with jonathan ferro. jonathan: live from new york city we begin with the big issue. putting the pressure on vladimir putin. president biden taking action against russian energy. pres. biden: i am announcing the united states is banning all imports of russian gas and energy. that means russian oil will no longer be acceptable at u.s. words the american people will deal another powerful blow to putin's war machine. jonathan: the corporate exodus continues. starbucks, pepsi, mcdonald's joining a blowing -- are growing list of companies leaving russia.

i'm jonathan ferro, alongside tom keene and lisa abramowitz. tom: it is not that they are down it is the way they are down as the flow of information out of russia and ukraine. i will suggest there is

this is "bloomberg: the open" with jonathan ferro. jonathan: live from new york city, we begin with the big issue. the war in ukraine intensifies. the devastation in the country pushing secretary blinken to prepare for the next step up in sanctions. sec. blinken: we are talking to our european partners and allies to talk about the prospect of banning the import of russian oil, while making sure there are still in appropriate supply of russian oil on the world market. jonathan: germany says no, leaving the white house under mounting pressure. bloomberg

. >> this is "bloomberg: the open" with jonathan ferro. ♪ jonathan: live from new we are back in two bear market. >> completely cautious. >> news regime. >> new markets. >> this is exacerbating all the issues that were already there. >> the fed, the war, commodity prices. it is a pretty tall list. >> geopolitical risk coming to the forefront. >> it is a modicum of uncertainty. >> leaves room for discussion. >> it is a tricky environment. >> tough time obviously. >> we are at one of the longest corrections for the nasdaq since th