U. S. Troops from iraq immediately. Can you comment on that . Sec. Pompeo he didnt quite characterize the conversation correctly, but to the larger, more important point, we are happy to continue the conversation with iraqis about what the right structure is. Our mission there is very clear. We are there to perform a Training Mission to help the Iraqi Security forces be successful and to continue the campaign against isis. We are going to continue that mission, but as times change and we get to a place where we can deliver upon what i believe in the president believes is our right structure, with fewer resources dedicated to that mission, we will do so. We also have today a nato team here at the state Department Working to develop a plan which gett birding sharing burden sharing right in the region so that we can protect and defend, keep the American People safe, while reducing our cost, our resources, and our burden in the region, as well as the risk to our soldiers and sailors. You s
Move we had early in the week and post thanksgiving. We are right back to where we were in yields, with the 10 year at 1. 83 percent. The dollar index strengthened poste jobs report. That said, it is still below 98. 2. 75 onachs is up news it may be close to settling with the Justice Department and other agencies on that probe into its dealings with 1mdb, the malaysian state Investment Fund. Nothing has been decided, and it may stretch into january, but low 2 billion would be considered a win for goldman. Guy i am being told the week Inflation Expectations component in the michigan data is the reason why bonds on yields have rolled over. We are back to 30 on the german tenyear. In terms of stoxx, we continue to be relatively strong. The other point is that at this point, it doesnt look at the fed is going to have to raise again next year. There might be diminished expectations for how high rates can actually go, and that could be putting a cap on rates here. Guy definitely a possibilit
World, from vienna to london, frankfurt to washington come our bloomberg roses are on the ground with all the top stories. In vienna, opec is said to reduce its target as a rock promises to comply. Joining me for more is bloombergs annmarie hordern. But do we know so far . Annmarie good morning. What we know is theyve agreed at the opec allies meeting today to cut by the hundred thousand barrels a day, but the devil is in the details. Brent and wti are both lower. This cut is basically cosmetic. We are still waiting for more details because it just brings the figures on paper to what theyve been producing throughout the year. Some members, including saudi arabia, have been cutting well below their target. That was the message from ben salman thisfrom bin morning, and his first meeting is energy minister. He said further compliance is needed. Everyone in the room knew he was talking about, even though he didnt name and shame. The message was simple. Stop cheating. Alix indeed. Thank you
See whether tariffs will be impose or not, the focus is on jobs. At 63. 30. E well have a roundup of opec and saudi aramco and the pound. We are six days away, the u. K. Election is holding at the moment. Today, have an important Leaders Debate. Coming up a little later, dont miss our interview with the u. S. National economic director at 2 30 p. M. U. K. To. Time. First, look at straight to first word news. Lets get straight to first word news. President donald trump might be impeached before christmas, but theres no chance youll be convicted in the senate. Nancy pelosi says the house will draft articles of impeachment against the president for abusing his office High Pressure ukraine. Donald trump remains defiant. North korea may be preparing to conduct engine tests. Base kim jongun sexy dismantled as a concession to President Trump. Says he dismantled as a concession to President Trump. Political uncertainty is quote playing havoc with the uks labor market. This is according to a su
This is the second month and a rope where it surprised to the upside. It was coming down. Is it going back up . Carl it still looks like there is a broader deceleration underway but the slope is much shallower and it tells you some of the handwringing over the trade war is overblown in terms of the consequences for the broader economy. The trade wars negative without doubt. Growth is slowing. As the economy slows, hiring should slope, but things are not rolling over. Written a fair amount about the relationship between the economy and the growth of the jobs numbers. Is it changing your mind about how much the economy is slowing . Carl may be at the margin it tells us there is less slow down. If we look at the number of hours worked, a unit of gdp requires a certain number of worker hours to produce and the fact that aggregate hours worked is growing at 1. 9 to the us thet quarter tells tracking estimates of gdp that are below our forecast are down closer to 1 . Is based takeaway here o