Effect of thec coronavirus. Well take your calls and you can join on facebook and twitter. Is next. State, and local response to the covid19 coronavirus ramped up over the weekend. Last night, the two leading president ial candidates faced off in a debate dominated by of the virus. We will spend the first 90 minutes, hour and a half talking about those developments, the response to the coronavirus, your thoughts on what you are theing and reaction to debate between joe biden and walk Bernie Sanders. Lines for democrat, 2027488000. Epublican, 2027488001 independents and others, 2027488002. Texts as well, 2027488003. Tell us your name and where you are texting from. On twitter we are cspanwj and it is facebook. Com cspan. Copingted in how you are with the restrictions and the measures in place or coming in place across the country and states. We will have to hear your thoughts on that and about the debate last night, what you hear from the candidates in particular on coronavirus and othe
Low currencyhe volatility. The british pound is stronger, but very fractionally, up 0. 2 versus the u. S. Dollar before the election. Incremental moves on trade. Lets get to the latest now. Bloomberg reporting that u. S. Tariffs set to take effect on sunday will be delayed, according to chinese officials. Meantime, House Democrats said they will back the usmca trade deal and are planning a vote next week. Rep. Pelosi there is no question that this trade agreement is much better than nafta, but in terms of our work here, it is infinitely better than what was initially proposed by the administration. Vonnie House Democrats declaring a win there. For more, lets bring in bloomberg trade reporter shawn donnan in washington. Todays developments on the trade front, how incremental are they . Shawn i think we got one really important big step on usmca. It is a remarkable day in what is a highly partisan washington, when we see a bipartisan agreement on a trade deal. Trade politics are always t
Data check for you. Stoxx 600 pretty flat this hour. Fourth of july low volumes waiting for payroll data from tomorrow. Outperforming. Yields areyear certainly worth talking about. Yields have dropped below the 0. 4 level, below the ecbs deposit rate. Weve got gold still acting as a haven above 1400. The dollar index not moving all that much. President trump doesnt like the strength of the dollar. We will talk about that. Wti not reacting positively to the production cuts extended by opec. Lets take a big picture look at what is going on in these markets now. The u. S. Stock market closed for trading for the july 4 holiday. In europe, equities continue little changed while investors search for direction and await u. S. Jobs data. We are joined now by paul markham. Very good morning afternoon, in fact, here in london. Valentin, lets come to you first. It does feel like risk off is back on. Currencies are outperforming low yield ors. It remains to be seen whether that positive feeling wi
Ban on huawei. Grounding may have serious implications for boeings future credit worthiness. Shery lets get you started with a quick check on how markets closed in the monday session in the u. S. 3 , as we rallied had tech shares leading the gains. The Philadelphia Semiconductor index up 2 . We had some positive trade news on the u. S. China front, not to mention a time of earnings and analyst calls. Apple being the biggest win on the nasdaq, up. 7 , with Morgan Stanley boosting its price target for the stock. We had Energy Shares gaining ground with crude jumping the most in more than a week. Tensionsanu. S. Ongoing in the middle east. Lets see how things are shaping up for the asian market. Pointing tores are modest gains in toto, sydney, and seoul. Tech firms very much interview with optimistic call travel and macron plus micron plus. On the koreajapan parade fund, governmentont, a official from south korea reportedly said the country is preparing a plan for a Semiconductor Test to
Chief prosecutors. How far are we from impeachment . Code blue for the Republican House bill. Three gop senators say they will vote to block the current version. Extrapolating, what does this mean for tax reform . Tos than half an hour to go we see equities opening. Not very exciting, but Pay Attention to what is going on. This is the fair value calculations. Its like we are going nowhere in a hurry. The ftse looks more positive but europe down. 2 . Nothing to write home. Write home about. This is the picture we find. Yesterday, brazil well bid. Interesting in the light of what we are seeing at the moment. The italian market did well yesterday. We are turning our attention to spain in the banking story. The peso down. The brazilian riel up quite strongly. Something happening in the commodities sector. You can see the dollar bid there. Iron ore, as well. Up by 5 because we have had the chinese premier talking, sounding very positive on growth. That is something the market has picked up