Time now for global exchange, where we bring you todays market moving news from all around the world, from hong kong to berlin, dubai, new york, and washington. Our bloomberg forces are on the ground bloomberg voices are on the ground with todays top stories. Boeing and airbus will go dubaiohead at the annual airshow. We will be talking about may be the first next year, possibly even a bit longer. But in the end, i will repeat the question, the only entities which will sanction the flying of these aircraft are the regulators. It is not boeing. Alix for more, our correspondent joins us on the phone. Walk us through some of the big take away from the dubai airshow and some of the surprises. Reporter thank you. A maxlly, boeing secured , the biggest order after a drop. Version ofse, the the max has been [indiscernible] 8 secured the 737 max from a supplies only character in the uae. [indiscernible] airline, ofsister emirates airline, which makes it the second largest customer for the 737
Whether we are any closer to a phase one deal between the u. S. And china. The s p 500 hitting another reluctant record, i would call it, and u. S. Futures on the front foot. The euro study. We sought strengthen steady. We saw it strengthen against the dollar yesterday. 1070 right now. General concern about growth in u. S. Stockpiles, meaning it is trading at 56. 96. Coming up, we speak to the managing director of the fund,ational monetary Kristalina Georgieva. Dont miss that. Markets pushing down the 10 year treasury yield last week. Lets get the bloomberg first word news. Today, the public hearings of the impeachment inquiry start again. The u. S. House Intelligence Committee plans to hear from 8 witnesses this week. They are examining if the president lied to special counsel robert mueller. This comes as President Trump says he is strongly considering testifying in the investigation. The u. S. Reversing its stance that Israels West Bank settlements are illegal. The move is a big pol
That goes to biogen. But broadcom still up 2 . The 10 year yield, 1. 79 . Guy lets take a look at where we are here in europe. We are trading toward session lows when it comes to stocks. Also a selloff when it comes to the oil market. The stocks now down the stoxx now down 0. 3 . In italy, bonds have been out in front of the story. They certainly been taking a much more cautious approach when it comes to the trade narrative and the Global Economy over the last few sessions. Equity markets have continued to push ever higher. Lets get some analysis on where we are right now. Lombard chief ts economist, joining us now. I want to start with your view of the u. S. Consumer. We seen two big retailers out today, missing. The stocks have been pummeled. Are you worried about the u. S. Consumer . Charles not really, to be quite honest. Guy why not . Charles i think real income is going up at a reasonable rate. The savings rate is not going to suddenly thaw, and therefore the consumer plunge, unt
Because stocks may be barely moving but as joe was saying, bonds are moving in a big way. 10 year yield and treasury note back to october. While stocks are drifting on these record highs, we have a big rally for bonds. , a big bond bull says if it goes beyond this trendline in yellow, you would continue to see bonds selloff. Bondecent pullback for yields, it is right on that line. Stillnow, this chart may point to a move higher for yields. Mike who says there is no yield left to be found anywhere . Check out this Exchange Traded fund, an etf that tracks limited partnerships in the energy spaces. It has really gotten hammered since its high. Caused the yield to jump above 10 for the First Time Since 2019. Reducedan etf that has payouts pretty significantly, almost 9 over the past three years. Still, that double digit yield proves to be a good entry point. Hit int time it was 2018. The caveat in 2017, when oil prices dipped. The yield was above 20 . Taylor, obviously, whether this 10 yie
Its been a year since hundreds of thousands of french citizens protested against a hike on fuel prices what became known as the yellow best movement against social inequality pose a challenge to president imagine when background but whats changed since then this is inside story. Hello welcome to the program. When hundreds of thousands of people dress in florissant sleeveless jackets protested in france last november not many people realized how powerful a movement it would become paris became the center of this growing anger there were scenes of destruction and chaos across the french capital it was all sparked by a tax on fuel but it quickly turned into a weekend of running battles with French Police the protesters demands grew to include president eman when microns resignation he refused to step down saying he was the right man to fix frances problems that includes addressing low wages higher Living Standards and economic inequality although micron says hes taken measures a year on t