And this is the bus broadcasting around the world covering all aspects of our Global Economy in the 21st century. And im french born in washington heres what we have coming up today i feel has been reached to ratify the u. S. M. C. A. And the deal might be signed by the end of the year were bringing break down what lawmakers are saying about the landmark trade deal plus jeff bezos of amazon claims that its him about a job to support the department of defense why bezos says that his employees feelings on supporting warfare are important when it comes to the direction that the company will say. And their stock keep falling since its acquisition of monsanto 3 juries have found that roundup caused cancer and now the number of claims being filed has more than double those of americas boyer might happen tonio joins us to explain where the lawsuit will go from here it is a packed show so lets get started. And we begin with developing news right now in the u. S. In ca which is the new u. S. Tr
President trump is expected to sign the bill into law. Jay powell saw elevated threats including Global Growth and trade. Sophie macro uncertainty over trade in hong kong certainly looming large, given what we stocks. N so far in ozzie shares opening to the. 1 after being tracked lower wednesday. Aussie bonds are climbing for a Third Session tracking the rally we saw in treasuries overnight, to flatten. Ontinued the move to the downside while treasury futures a fourthing a bid for straight session. All itsstronger against peers. Checking in on what is going on im actually looking at the terminal right here because i wanted to show you it is testing the 100day moving average, some that level. We are hearing google is changing its political add policy, limiting audience targeting. We know twitter has been political ads on its platform. We know facebook has not, but we google will no longer allow political advertisers to target voters because of political affiliation. The company said it
After we had support for the u. S. From the u. S. Congress for hong kong protesters. Potential for confrontation. Chinese officials waiting a trade deal. We got a glimmer, the vice premier was talking about being phaseent about signing a one trade deal with the u. S. Flummoxed by was the negotiating tactics of the other side. Hang seng 1. 5 down. The shanghai composite is also recovering. Ms asiapacific having its worst day in three months. Mitigated by the news coming from the vice premier. A quick look at whats happening elsewhere. Taking a look at how the needle has moved, 1. 73. More scope for Interest Rate cuts in australia, sending the 10 year yield down. Soybean futures, exports for grains in the u. S. Really sagging. We have seen a decline. That has been felt by whats going on with soybean and corn futures. They have been declining out of the last four sessions. Nickel. 9 down. This is a demand story. As we have a slowing global economy, much less of this will be required. It h
Right now. Its great to have you with us on this thursday. Our Investment Committee stocks giving up big gains the dow is up more than 185 points earlier in the session. The feds front and center. Policy makers are gathering as we speak if jacksonville Steve Liesman is there, speaking with philly fed harker his comments really impacted the markets here. Reporter yeah. I think maybe the key is this. That harker is not a hawk but his talk or his answers to my questions were somewhat hawkish. Heres what he said when i asked him, you know, where should rates be where should they go ididnt think the cut was appropriate, necessarily, but i went along to it to get back to neutral. But im on hold right now. My forecast is hold where we are for exact one of the reasons is that that i think we run the risk of creating too much leverage in the economy. Reporter that comes against the backdrop of course harker did not want to raise rates in december now hes okay with where rates are right now. And
Along with the forbes media chairman. Its great to see everybody this morning. We have the Federal Reserve. With the pmi coming out. Thats where we first saw the weakness in the economy. The thing to watch for is hong kong. If you get a bad situation in hong kong its can affect the trade negotiations and a lot of other things as well. He was so adamant in terms of this extradition. The demonstrators also realize that beijing has been engaged in stepbystep. This is it for them. Thats where the protesters are. They see the future threatened by all of this. And they dont have a place to go. This is it for them. A does he really feel threatened by this affront to beijings power. The trade talks where theyre going to be be somewhat influenced by that. He thinks it is completely unlike 2015 this is a really serious Pressure Point for beijing administration i think thats pretty serious. To your point its a different crowd coming out. He feels it feels very different in terms of the crowd and