President joe biden as senator Bernie Sanders and Elizabeth Warren continued to hover as toptier president ial candidates. All three of those folks keeping careful watch on senator kamala harris, a democrat from california, as well as others like beto orourke, julian castro, and others. It is a large field, but these thresholds coming up at the end of the month could winnow it. David President Trump maybe not having as easy of time as we thought with respect to the economy. Lets go out to los angeles and Sarah Mcgregor. This morning, bright and early the Chinese Government said we would retaliate on the tariffs and then the foreign minister said not so much. It seems like they were contradicting themselves. Sarah we have heard a lot of contradictions from the Trump Administration but china usually has a clear message. Today is different. It is no surprise that china will proceed with retaliation on these tariffs on the goods that will be hit in december, although there has been a bit o
Not thethe process trigger. It says the protests are not the trigger. Tom more mixed messages on trade china says on trade. Trump says he wants to hold a phone call with president xi jinping soon. Signs of some positivity, at least when it comes to the earnings. Alibaba beating the street. David something to take advantage of. The data has been bad. Singapore and we have hong kong, worstcase scenario growth is at zero. Why yields are where they are and why the boj might need to step in. Yvonne a lot of movement in the last couple of hours when it comes to the bond market. You mentioned hong kong, final numbers come out today after the government slashed their forecast. They are announcing a whole wave of measures to boost the economy. We will see if they do enough to prevent hong kong from entering into a recession. Weare still looking weak could be on set for a fourth straight week of decline. U. S. Futures were positive. We have seen the reese deepening of that yield curve the steepe
Phone as china prepares tariff countermeasures. Investors bank in another quarterpoint reduction. Powell bow to the pressure . The u. S. Says it is disappointed with the u. K. Decision to release an iranian tanker. Penalties could be imposed on any company that does business take a look at the 10 year yield, coming back. We dipped below 1. 5 yesterday. This is a threeyear chart. Back to 1. 5 . Looking at decent gains across european futures. Dax futures. T the gains of 0. 6 . Across the board, really. Ftse futures up a little more. Wang. Get over to selina Chinese Paramilitary Police seen gathering near hong kong. Some are interpreting it as a sign beijing is ready to use increased force. Mirrors from the in comments yesterday. The hong kong situation is at a critical moment. We have full trust and if the situation deteriorates further, into i say our government, the Central Government will not sit back and watch. Is the special relationship in danger . The u. S. Says it is disappointe
Surveillance. These are your markets. We are seeing a bit of an upside as it comes to the stoxx 600. One thing, the lse is investigating some of the delays on what they are seeing in the stock price. There was a trade issue, which means we have delayed opening for some of the biggest stocks. We understand the lse, the London Stock Exchange, will give us an update in about 15 minutes from now at 9 15 bsc. There is a bit of a risk on. 1. 55. 0 year yield at if you look at dollars stabilizing, 110. 85. Later, we will review an exclusive interview with Brian Moynihan, a banc of america chief executive. In the meantime, lets get straight to the bloomberg first word news in new york city. A Trading Services issue. Trading some of the biggest stocks on the London Stock Exchange has been delayed, the second such outage in a little more than a year for one of europes guest markets. Been delayed for parts of the ftse 100 and to 50. Other parts are operating as normal. Is a special relationship i
Today we are discussing the japansouth korea trade dispute. Its obviously a a very sensit, a very difficult issue between two countries that are critically important to the United States as allies, as Economic Partners, as fellow democracies, and as friends. You will notice the title of event includes ramifications and the path forward. I emphasize forward because the current dispute is due in part to events that have taken place months or years or decades or centuries ago. But rather than dwelling on those issues, we want to identify away from for both cos and in the three countries including the United States to move forward. Now, the current dispute is part of a a cyclical pattern that ss to research every few years, and each time it felt to those officials and experts working that each time was the worst. But i think all of us now have seen that this time is very different. In the past the economic and the security realms seemed exempt and, indeed, they were moderating or mitigatin