Meant to undermine hong kong protests. What the company says they are doing about it. And our exclusive conversation with the ceo of one of techs most secretive and hundreds of companies. Tells us why protesters wont stop them from doing business with the Trump Administration. Announced ahe u. S. Limited set of exemptions that have protected Rural Networks and other customers from doing. Usiness this comes as the trade war rages on. One ceo is taking his concerns about the ceo straight to the top, apples tim cook. A move that has impressed President Trump. He is the one that calls, thats why hes a great executive. Others go out and hire very extensive expensive consultants but tim cook calls donald trump directly. I would take your calls, but the only one who calls me his tim cook. Whenever there is a problem, he will call. Emily we spoke to an investor across the tech sector. Wantshink this president to u. S. Companies to succeed, so i think at the end of the day, this is part of nego
Almost two weeks. Youre following through on that rally today, up 0. 6 . Eurodollar around key support levels. It is a broadly stronger dollar story. The bond market obviously in focus. No doubt we are going to talk about that terrible, no good, seven year bond option. I wonder, is that a threshold . Or was that just a fluke . David or was it late august . Globalime now for exchange, where we bring you todays market moving news from all around the world. Joining us in london is tony ahrens, on the phone from hong and on theen leigh, phone from when is a race from buenos aires is caroling a milan is carolina milan. Three activists in hong kong were arrested by police head of a rally. Karen leigh joins us with the latest. Karen Hong Kong Police arresting a number of prominent Hong Kong Police arresting a number of prominent speakers, including warning protesters that they could share that same space at illegal demonstrations this weekend. These are really raising tensions ahead of a 13th
Down to test new lows. One in 3 8 percent. It is much lower than this. You could still get another 25 basis points. Adding to 1. 25 . 1 on tenyear treasury is not impossible. Potentially all the way down to zero. That downside economic scenario if the economy is weak and the leading indicators do point to that scenario. We and the rest of the world are going to own long government bonds. Bond bears are dead. Joining me are kevin of Raymond James and Scott Kimball of the mo. Lets start with you, do you agree that there is no lower bound, let the basement be the ceiling . I think seriously the data and in terms of creation we are going in that direction. There is going to be a limit in terms of how crowded it will get. I think we are getting to that stage in the next 25 basis points or so. Limit and howa terms of how low they can go. The conversation around negative nominal yields in the u. S. Up on would have to give the fact that the u. S. Economy has not found its way to a recession y
My eyes are all on the bond market, both the 10 year and 30 year perhaps approaching the record low. Im taking a look at Cathay Pacific shares. We had reports about the airport in hong kong, whether flights or canceled flights were canceled or not. Right now it looks like only check ins were canceled. Dollaryen continues to strengthen come of strongest yen has been in the last 18 months or so strengthen, the strongest yen has been in the last 18 months or so. David we are joined by bloombergs Marty Schenker and sarah ponczek. Lets start with argentina. A chart here shows the price of credit default swaps in argentina. You dont need to know calculus to know that is not a good thing. So why are people so nervous about mr. Macri going out of office . Marty because they are very protectionist, and everybody is heading for the exits. Taylor i spoke to damian who covers aerday, lot of the emerging markets, and asking him what gauge measures the risk the most. What in your area you are resear
Forecasts dont take into account that nodeal possibility. This is a key thing that mark carney is going to have to navigate. Heres been a big divergence a lot slowing rate and of people expect rate cuts. How do they forecast this . Do they make separate forecasts based on a nodeal scenario . What will it mean for the pound . Weve hit the lowest since 2017 in todays session and if mark carney does come out with a little bit more of a dovish statement in any way and that puts further pressure on the pound, that of course then could feed into inflation. So hes talked recently about the fact that he really does need to try to illustrate these market activities. Thats what the focus will be. Also of course on new growth and inflation forecasts. The key thing they said is that the uncertainty means a wide range of parts for the economy. There could be volatility during that News Conference. Lisa as we see the pound weaken, weve seen Inflation Expectations pick up. Lets throw up a chart here