You can also send us a text, that number 202 7488003. Please include your name or where you are from. Therwise on social media a very good thursday morning. You can start calling you now. To let you know where we are on capitol hill, the houses and at 9 00 a. M. Eastern, the senate is in at 10 00 a. M. Eastern. President trump headed to wisconsin to participate in a town hall and visit a shipbuilding firm. We do not know when that promised executive order on mound events and statues will on monuments and statues will come but the president had plenty to say at the white house yesterday. [video clip] we will have a strong executive order. We have the monuments act, which means 10 years in jail. We will have a strong executive order, i should have that by the end of the week. We will have a very powerful statement. We have arrested numerous people for what took place outside of washington. In addition, the fbi is investigating hundreds of people throughout the country for what they have
Omar welcome to daybreak europe. A warmfed took up welcome. If the fed took up dudleys advice, to the boxing ring that donald trump wants to draw the fed toward, which is doing his bidding and contaminating the white house. Farhe big question is how we have gone with the dovish shift and the pricing in the market it would help at the fed walked back the direction its on now without big volatility and without increasing the tightening and financial conditions as well. And of course the whole political separate discussion we will get into within this hour. Manus if they did accelerate the rate at which that shifted gears there, would be driven by politics . Lets talk about the markets. A wonderful phrase that means enough. Have a look at dollaryou want. Its the message from the pboc, they have had enough. Nine days of dropping been consistently time to move the market along. This is the yuan against the basket which reads the lowest level in nearly 15 since 2015. When you got here is the
I am in for francine lacqua. Lets check in on the markets and get a quick look at what is going on. Yield see an allnew low on the u. S. 30 year bond. The long bond came down to one point 1. 90 . It has bounced back, but still, that paper is weighing on the yield. You can see that across the curve. Brent crude is rising. The nymex wti is as well. It has been a rally for oil as as u. S. Stockpiles came up better than anticipated. And gold, coming off of its highs just a little bit but very little change to the bottom. 1541. 64 as u. S. 10 year yields are negative, making gold more attractive. Now lets get bloomberg first word news in new york. Sees an opportunity to restart bta european union. German and french counterparts. Officials tell as they appeared to relax len which on the need for the irish backstop. Dropping the position language on the need for the irish backstop. These requests are related to Financial Information on donald trump and his family but whose returns are still a
Of leaked diplomatic memos. In the memos, he called the president inept and incompetent. Johnson and jeremy hunt, btw look and jeremy hunt, the two contenders to replace theresa may, will meet in their only headtohead to have debate in the campaign. Comes after numerous events around the country in which the candidates to questions individually from conservative party members. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 p. M. In london, 1 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. From bloomberg World Headquarters in new york, here are the top stories on the bloomberg and around the world we are following. Clues on awaiting more the path for u. S. Monetary policy. We will preview jay powells testimony to capitol hill tomorrow. Deutsche banks execution risk. Shares slumped and bonds sinking
And temperatures will stay in the upper 60s and low 70s. Even out towards pittsburgh and livermore, you are seeing upper 50s, mid50s and a little drizzle for some as well along the i80 corridor, also along santa rosa. Port chicago headwind at about 30 Miles Per Hour. There is a southeast breeze on the peninsula and the santa clara valley, that equals a cooler direction today, that system will work, with the leading edge of that coming in, most of this is to the east of us put, but enough to give us cooler temptress. Bay bridge, or Something Else . We are approaching the bay bridge, on the east shore freeway, steve, we will show you the approach for people who drive into oakland, taking 27 minutes, that is not too bad. The volume is a little later in june and july, before school will resume later. The bay bridge is backed up, there have been no major issues on interstate 880, there have been some issues on the morning commute, in some places, san mateo bridge is moderate, getting out to