Viviana july is here. The fomc has signaled rate cuts may be coming. Clevelands fed president shares exclusive insights on the policy outlook. I think the fed funds rate is about at neutral right now. Viviana plus, expert perspective on what is ahead for the global economy. I think the market is getting a little bit greedy in terms of rate cuts. If these escalate, there will be a global recession. Viviana it is all straight ahead on bloomberg best. Hello and welcome. This is bloomberg best, your weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. Lets start with a daybyday look at the top headlines. The week began on a note of optimism after president s trump and xi met at the g20 summit and agreed to restart trade talks. Francine the u. S. And china have agreed to a trade truce and say they will revive stalled negotiations. This after talks on the sidelines of the g20 summit in japan. President trump says he will also
Is breathtaking. It has the benefit of surprise. July is here. The fomc has signaled rate cuts may be coming. Clevelands fed president shares exclusive insights on the policy outlook. I think the fed funds rate is about at neutral right now. Plus, expert perspective on what is ahead for the global economy. I think the market is getting a little bit greedy in terms of rate cuts. Ahead onall straight bloomberg best. Viviana hello and welcome. This is bloomberg best, your weekly review of the most important this is news, analysis, and interviews from Bloomberg Television around the world of Business News, analysis, and interviews. A note ofegan on optimism after president s trump and xi met at the g20 summit and agreed to restart trade talks. The u. S. And china have agreed to a trade truce and say they will revive stalled negotiations after talks on the sidelines of the g20 summit in japan. President trump says he will also scaledback restrictions on Chinese Technology giant huawei. The
July is here. The fomc has signaled rate cuts may be coming. Clevelands fed president shares exclusive insights on the policy outlook. I think the fed funds rate is about at neutral right now. Plus, expert perspective on what is ahead for the global economy. I think the market is getting a little bit greedy in terms of rate cuts. It is all straight ahead on bloomberg best. Viviana hello and welcome. This is bloomberg best, your weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. The week began on a note of optimism after president s trump and xi met at the g20 summit and agreed to restart trade talks. The u. S. And china have agreed to a trade truce and say they will revive stalled negotiations after talks on the sidelines of the g20 summit in japan. President trump says he will also scaledback restrictions on Chinese Technology giant huawei. The president saying the u. S. Is winning the trade war and that he will hold
Here today. That tai chi manufacturing that we got a couple of minutes ago was the weakest print we saw this year. It was still0, but showing the gradual slowdown we are seeing in global pmi. The official move that we saw in europe, in the u. S. As well, which is really supporting the Global Growth concern yard of that we are seeing. That is why we are seeing the yen up, 10 7. 60. Asia fx weakening with the dollar a little stronger. We see commodities. We are continuing to see some red when it comes to steal futures in shanghai copper. Lower by 9 10 of 1 . Be with thisng to rally. Looking at the u. S. Side of things with the 10 year yield below 2 . We are seeing for asia bonds as well. I will show you what else is going on, we mention about the u. S. Tenyear. Anese through three yield three year yields. We just got the news about the boj cutting purchases of bonds and a 35year range. Its the First Time Since 2018 that they have done so. They were trying to address the flattening yield
Broadcom words pushes deeper into software. Nejra good morning. Just on 6 00 in london. Welcome to daybreak europe. Yields front and center. Drop in global yields, the 10year hitting another 2016 low. Below 2 . We had 195 on that treasury 10 year yield. We see u. S. Stocks hit another record high in yesterdays session. We have to think about the fact that we will have a holiday and markets closing early. Independence day tomorrow. Futures on the back foot ahead of that. The yen also bid. Concerns around Global Growth. Dollaryen. Lets take a look at the euro. This has been remarkably steady over the past couple of days. Tradingear bund yields 36 yesterday. We saw that btp twoyear yields drop into negative territory. How much does that say about italy or the hunt for yield globally . The 10year btb yield below the 190 and a. The euro spiked briefly in the sense in yesterday as we heard that the ecb may not become sintering be considering a rate cut. Gold on the front foot again. Above 14