Since worst month 20112012 for that group on the top. At the aussie and kiwi dollars and the kiwi took out its 2016 low and we are now for the lowest level since september 2015. Youve see ny onshore, got this chart. We have the worst month in seven years of e. M. Fx. We also have traders with the onshore yuan weaker than the official reference. David the two Exchange Rates and the fix. We will you show you the chart later on but backward looking. It sets us up in april various situation precarious situation into september. Yvonne we are still dealing with the headline risk. President trump saying the u. S. And china will renew trade calls, although he offered no details or timeline on what happens next. He spoke after beijing indicated it mauled immediately retaliate against additional increases and wants to prevent further escalation. The u. S. Is said to slap extra tariffs on 110 billion worth of imports on sunday. China vowed to strike back with levies of 75 billion of goods but sai
War, and a former employee who forbeen federally charged stealing trade tickets from out for that. We also have another bloomberg exclusive. We will hear from a top huawei executive about what the u. S. Is losing out on as the Telecom Giant remains on the blacklist. First, shares of Tobacco Company altria dropping after the dow jones reported the u. S. Federal trade commission is investigating the marketing. Marketing practices of juul labs. It has invested 13 billion into the popular ecigarette maker. Regulators are investigating whether juul engaged in deceptive marketing. In addition, juul was named in documents by the u. S. Food and Drug Administration as it investigates whether ecigarettes can trigger seizures. Joining us to discuss, the coauthor of that scoop, our Bloomberg News Health Care Policy reporter and a reporter who covers juul. What exactly is the fda investigating . Anna they have gotten reports from people that this has happened to who say they have had seizures and t
Looms. President trump says talks with china will happen. Not ready yet. Warning against stimulus. The cpi today is likely to favor them. The case against no deal. Legal battles over boris key decisionns, a at 10 00 a. M. Less than half an hour away from the european looking at german bunds. Weare down a little bit but clawed back some of the negative yield we have given up. The ecb is on my radar. Equityake a look at the futures. Green arrows acrosstheboard. Green, too. Was now it is next. Dax futures are gaining. Ftse futures unchanged. What do you see playing out . We are seeing that mixed picture. Maybe there is a line being drawn. The asian section has looked a little more positive. Markets rallying after wall street did so. If the clues are light. Nightent trump last talking about how conversations in trade were happening yesterday. We will see what comes of those. The south korean kospi higher they did suggest maybe there would be further cuts to come. Movement in the south kore
Companies dont have exposure to china, with the exception of amazon, which as a retailer and a distributor has a lot of exposure there they have the most china risk, outside of if you leave f. A. A. N. G. , of course theres alibaba, which its all china exposure i guess thats how i would answer the question. I would also make the simple point if you look at the f. A. A. N. G. Names, you pretty much had acceleration growth, Revenue Growth acceleration for all four names but theres a couple of very specific issues in the back half of the year. The ones with the best fundamentals right now with the easiest valuations is facebook and google krish, whats the next irobot i mean, looking at hardware, whos got an amount of china exposure that could be really damaging you know, apple clearly has a pretty high china exposure and as you mentioned before in this program, anytime theres negative news on u. S. china trade, apple becomes kind of the punching bag what i would characterize as overall wh
Big tech is under the spotlight today, with leading firms summoned to the white house for a meeting on curbing violent online extremism. It comes just days after two Mass Shootings in the us, which left 31 people dead. The suspect in the texas shooting posted material on the controversial 8chan online message board before the attack. Pressure was already mounting on tech firms after the christchurch shootings in new zealand, which were livestreamed on facebook. 51 people perished in the attack. The Global Internet forum to counter terrorism, set up by firms like facebook and twitter, have already pledged to do more to identify and remove extremist content and says its rolled out a Cross Platform counter violent extremist toolkit. The forum has also promised to do more to block offensive content as violent events actually unfold. But that may not be enough for white house officials. Donald trump says he wants the tech firms to develop tools that can detect mass shooters before they stri