And Boris Johnson. There is a lot going on in the markets we are also getting a little bit of news from italy with the new government being sworn in. Can see the pound is what we are watching out for. Overall, there is a little bit of a risk on mood when it comes to the markets. Back to the Italian Government. The one that we need to watch for is the new finance minister. Were seeing the cabinet sworn in with the same Prime Minister, that is conte. Lets get straight to first word news. China and the u. S. Are holding the next round of trade talks in early october. Thats according to the commerce ministry. They confirmed ministerial level talks in the next week but did not specify when. The two sides are trying to end the trade war but there is still skepticism on both sides that any Real Progress can be made. Hong kongs chief executive carrie lam says withdrawing the extradition bill is only the first step to address the unrest in the city. She also says the decision will be made indep
Lift when it comes to european stoxx 600. I am trying to figure out the risk. We are entering another monday. Again is at 105. 48. Gold is down. Cold acting as a haven. Gold is acting as a haven. Coming up, we are live on the beaches where we are speaking to sell vini. Here is viviana hurtado. Viviana tense week of protests and hong kong as violence intensified. Onstrators but themselves the Police Responded firing tear gas. The clashes follow three days of demonstrations. They began friday. Most protests were denied police permits. Saudi a ramin is posting a decline. Exporterbiggest oil posted semiannual results. That is down from 53 billion a year. Say it willcials sell shares in 2020 or 2021. This weekend, the opposition grabbing the moment the momentum. Thangives him a bigger expected lead of 15 Percentage Points. Posters have said he would have trouble overcoming the margin of over seven at the main election. That is in october. 32 people have been killed and 15 missing after a ty
Sort of waiting for it. We got it today. Very interesting, and a lot of this comes from some of the overnight data we got overseas, like you mentioned from china, and then the u. K. And from germany, and of course now here in the u. S. Markets deteriorate in the last hour or so. David we come back to the same question again and again. Is this a projection of future growth, or or of a position where people need to put their money somewhere and drive down yields as a practical matter . Taylor lets get a quick data check. It is all about bonds today. We talked about futures here after what was a really good day yesterday, deteriorating this morning. Off about 1 or so. Ns is back in positive territory. German tenyear now at a 64 basis points. You wonder what the ecb does next. When we look across asset for the safe haven plays, for me it is all dollaryen. We have again continuing to strengthen. Handle is something that catches my eye. Gina we are joined by martin adams and vince cignarella
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
To ensure the country leaves the eu by the deadline. It is another huge week for european earnings. Oil results coming out as well as automakers and banks. Ryanair, heineken kicked things off today. Good morning, lets start off with the earnings rolling across the terminal at this hour. Ryanair coming out with First Quarter profit after tax that was down 21 to 243 million euros. First quarter revenue actually up 11 . 2. 3 one billion euros. The fullyear guidance remains unchanged. Boeing doesnt see the 737 max related cost savings before the fiscal year of 2021. You can see that we are getting some 737 max headlines. It says it is receiving planes just in time for summer of 2020, about 30 of them. Planes by the summer of 2020, but those savings wont be realized until the next year. A big drop in ryanair profit. On the top line, the revenue up again 11 . The important thing probably is that the outlook has been held. We will speak with the cfo of ryanair in just a few minutes. We are al