President trump dismisses talk of an extension. The markets are opening right now. U. S. Futures coming in slightly higher at the open. This, of course, after the regular session felt pressure. Stocks falling for the fourth time in five days. Had the stimulus package being blocked in congress. Both sides are far apart when it comes to more stimulus measures. Leading the decline. Volatility much higher. The dollar also strengthening. Weakness in the pound. The pound picking up more than 11 , although we did see the u. K. Refusing to withdraw legislation to tear up the brexit treaty. Look at what oil is doing at the moment. Oppression, 37 a barrel under pressure, 37 a barrel. Lets see how things are shaping up for the asian markets. Futures are mixed, but we could be looking at a down day this friday in asia. Back to back weekly declines. Australia, we are watching commodity stocks. Chinas plan to boost the reserves of oil and strategic reserves. Over in japan, we are keeping an eye on n
In relations to trade in northern arms this morning the commission has decided to send a letter hommel notice to the u. K. Government this is the 1st step in an infringement procedure. The letter invites the u. K. Government to send its observations within a month. And besides this the commission will continue to work hard towards a full and timely implementation of the Withdrawal Agreement we stand by our commitments. Armenia and azerbaijan have rejected International Calls for talks to end fighting over a disputed region is every president since a 1000000 troops must leave nagornokarabakh before any negotiations can happen. Thousands of police are out in force in hong kong to deter protests on Chinas National Day its the 1st major holiday since beijing impose its National Security law on home combe. Indian police are accused of committing the body of a teenage girl against her familys wishes the 19 year old died after she was gang raped its promote provokes renewed anger over Sexual
When we treat everybody fairly. Equalen we truly have opportunities. This is not a zerosum game. David i am the fellow for trade and economics at the Baker Institute. Thealso a law professor at university of arizona. I am pleased to welcome all of you on behalf of the center for nd mexico at baker and at rice. This is the first of our five planned webinars on the ,mplementation of the usmca which Everybody Knows went into effect on july 1. Just a quick plug for the other events. September 24, investor settlement, or the lack of. In october, the usmca governing trade and auto parts. That sector accounts for 25 plus Percentage Points of total manufacturing trade within north america. In november come november, environmental provisions. In december, we will focus on the stakeholder issues. Those Companies Directly involved in importing and exporting across the north american borders, who are dealing with new enforcement provisions, a different kind of certificate of origin, and other chal
Washington has been demanding business transparency and threatens to delist mainland companies. Protests against Police Shootings spread to the nba. Playoff games are canceled as refused toee bucks leader court. Haidi we continue to have that lackrnaut rage despite a of very meaningful headline developments on the positive side. We are getting incremental positivity when it comes to u. S. China trade as well as daily developments on the search for a Coronavirus Vaccine as well. We are seeing futures flat at the moment, lower by. 1 after both the s p and the nasdaq hitting another alltime high. Optimism being seen in the fourth straight day of record highs for u. S. Stocks. The nikkei 225 just erasing some of the earlier moves, flat at the moment when it comes to futures trading in chicago. We wait to hear from president abes press conference tomorrow. The focus being on his health and the future of auburn onyx and where dollaryen goes from here. It is holding at 105. 91 at the moment.
Listening from. I am an emeritus law professor from the university of arizona. Very pleased to welcome all of you. Our five first of webinars of the implication of the trade agreement of the usmca , which as everyone knows was forced about two months ago on july 1. In october, the usmca provisions on auto parts account for 25 plus Percentage Points of manufacturing trade in north america then then, in november, we will talk about other provisions and in december, we will switch gears and focus on some of the stakeholder issues. At the companies that are directly involved in importing and exporting across the north american borders who are dealing with the new enforcement provisions. Origin and kind of other challenges, the nittygritty that determines whether trade is going to work or not. All of these webinars are free. You do need to register to get on big marker. We thought it would be a port appropriate to start the series with a question of context. You have the usmca. It was negot