Uncertainty on the phase one trade deal, and concern over escalating violence in hong kong dull markets. Conservative election candidates support the Prime Ministers brexit plan. The first headtohead latest debate takes place later tonight. Welcome to bloomberg daybreak . Rope 100 protesters surrounded by police in hong kong. We have learned the schools will be open wednesday after carrie lam says she wanted a peaceful to to the University End the university standoff. Seng isingly, the hang in the green. Other markets like japan declining. A number of reasons being put forward to that. Chinese funds be stepping into support that market. Rba minutes were taken quite devilishly by the markets, spurring rate cut bets. We did see dollar weakness after the meeting between President Trump and jay powell. U. S. Equities is what we saw. Still question the direction and possibility of a phase i deal. It slips another basis point. Crude on the back foot with concerns around rising stockpiles. Ge
Nejra welcome. Its risk on in the markets this morning. A delay from a tariff increase on chinese imports. A question over whether its a reach out of goodwill. You are seeing the impact across markets. The msci asianpacific index. You want strength. Yuan strength. Dollaryen on the front foot. The yen hitting a sixweek low. Yesterday closed above 3000 for the first time in six weeks. We saw the nasdaq push higher in the dow move higher for six days in a row. The nasdaq getting a lift from those tech stocks rising to its highest level since july. U. S. Futures point to further gains in the u. S. Session today. Oil on the front foot, tearing the losses we saw yesterday. We saw a drop of 3 on the supposition that President Trump might ease sanctions on iran. We are bouncing back with trade headlines today. Manus is not on the show today. He can talk more about oil because hes bringing live coverage from the opec plus meeting that is scheduled to pick up shortly. Great to see you. Manus ver
Commissioner bridges and commissioner servais is not in attendance today. We do have a quorum right. Thank you. Can i ask you, madam secretary, to turn your volume up a little . Can you do that . Its sort of. Is that better . Better better. Item number two, communications. We welcome the publics participation during Public Comment periods. There will be an opportunity for general Public Comment at this meeting after closed session and there will be an opportunity to comment on each discussion or action item on the agenda. Each item each comment is limited to two minutes. Public comment will be taken both in person and remotely by calling for each item, the board will take Public Comment first. People attending the meeting in person and then from people attending the meeting remotely. Comments or opportunities to speak during the Public Comment period are available by phone by calling. 56550001. Access. Code 26605203021. Then pound, then pound again when connected you will hear the meet
Before meeting of august 17, 2023. At this time. Hey, just give me one second here. Get me organized. Im doing my survey. All right. Okay welcome, everyone. Thank you for all the participation on the board level and im madam secretary. Do you want to call the roll, please . Thank you, commissioner. Commissioner connor. Present mr. Thomas. Present. Present. Helfen. Present mr. Driscoll. Here mr. Gandhi. Present commissioner bridges and commissioner servais is not in attendance today. We do have a quorum right. Thank you. Can i ask you, madam secretary, to turn your volume up a little . Can you do that . Its sort of. Is that better . Better better. Item number two, communications. We welcome the publics participation during Public Comment periods. There will be an opportunity for general Public Comment at this meeting after closed session and there will be an opportunity to comment on each discussion or action item on the agenda. Each item each comment is limited to two minutes. Public c
And u. S. Steel rejecting 7. 25 million from cleveland. Most stocks actually higher. We are going to speak to the chairman and ceo later on in the show. From new york, im alix steel with guy johnson. Welcome to Bloomberg Markets. You look at the markets, the story is the dollar. The dollar index. Guy the question im asking today, if you were sitting on a beach somewhere enjoying yourself, what are you missing . Many would argue not much. But under the circumstances, there are some really big trends developing here. You talk about the real yield. I think that is a huge story. Should be hugely negative for stocks in the u. S. Economy. Plus this china story, for how long . Alix how seriously can you take any of these issues right now . A lot of people are going to wind up on the beach. The equity market is literally going nowhere. But i do wonder to the real yield question, if that is a strong dollar story, that will have repercussions elsewhere. Guy and you come back off your holiday, of