Manufacturers up for a Third Straight quarter as exports drive expansion. Haidi chinas latest hong kong connect starts today, giving overseas investors access to the 10 trillion debt market. Beijing taking aim at washington after the pentagon sent theyve or shipment to disputed waters. Half an hour away from bond connect. The whole idea is to connect the world through hong kong, sending the northbound traffic to this 10 trillion bond market, corporate and sovereign as well, in china itself. What do we have . The idea is we have this big premium over china debt over u. S. 10 year debt, and hoping this will create demand, pushing yields down as we see that you cap balloon gap balloon. Of 120 five basis points difference between what you get in terms of yield in the u. S. Compared with china. Thats right. We are looking for the onshore rate as well as the dim sum bond and forstart never ring the chinese bond premium to start normalizing as well, closely correlated to money market rates. W
Inside and outside tomorrows meeting . Oil rebounds. Crude came back from the date biggest daily loss in four weeks area your stockpiles declined. Is the glut cyclical or structural . We will talk about what that means for the global economy. Were less than half an hour away from the start of trade. Lets look at where the bloomberg is telling us trade will take us. It looks like anybody is going to be sleeping peacefully through the market open. The moves are even more subdued than we saw at this time yesterday. European markets are going to be going sideways. Lets take a look at what the jim m us about the picture around the world. Ats focus in on the number of areas. The peso has been a number an interest. African market bouncing back. We see the indian market is a focus of attention up by. 4 of 1 as we continue to digest the impact of the new sales tax. That is what the market is doing. Here is the number first word news update with juliette saly. Juliette thank you. The u. S. Has t
In europe things are in the red. The dax and cac are down 0. 6 . The ftse off by 0. 8 . Knitly, sto ly in italy, stocks are down about a percent. Right now the dollar is up against the euro which is trading at 1. 0874. Down against the yen. And crude oil has been weakening even as the dollar had been struggling with issues. Wpi down abo wti down by 1. 43 . Have we shown the tenyear . No. I would show the tenyear. 2. 40. I will do a story in a second talking about fed speak again. Who cares about the fed anymore, theyre irrelevant, not at 2. 40. 2. 40. We were on our way again. We were on our way again theoretically to 2. 60, 2. 70, 3 . What does that say . Does that say 1 gdp number in the First Quarter stays at 1 . None of these things in the trump agenda come on time . Or big as expected . Are they delayed . Does trump care lite mean tax reform light . Or do we even get the taxes . So these ive never been in congress, i never will be. But theres a lot of kabuki dance. I understand th
In dallas. The demonstration is being held over the Fatal Shootings of two black men. Manus youre welcome to countdown. The very latest, we go to the front page. This is what we are looking at. Were talking about the dallas shootings. Lives protestck march in dallas. We understand officers were shot from elevated positions at about 8 45 p. M. Local time. Interest has turned themselves in any suspect was in custody after. The dallas to Police Department said with heavy hearts there devastated to report the fourth officer has been killed. The shootings, this attack comes in the aftermath of two more young incidents where two black men were shot in louisiana and minnesota. These protest marches have turned into something much more significant. This was a black lives matter protest. As we get more information on that situation in dallas, we will bring that to you. We are getting live reports across twitter and the bloomberg terminal. That is everything we know at this stage. As we get more
I have been asking firsttime voters what do they think about the president ial candidates . Hello, in the last hour, russias foreign minister has said his country has proposed what it calls a concrete plan to resolve the Syrian Crisis. Sergei lavrov said the proposal is now being studied think washington. But the u. S. Secretary of state has said russias air strikes are making it harder to hold talks with moscow. There is no question that russias activities in aleppo and the region right now, are making it much more difficult to be able to come to the table and to be able to have a serious conversation. And we have called on russia, and we call on russia again to join in the effort to bring about an immediate ceasefire, and to bring about full humanitarian access. In that is what this meeting will be about, and this meeting will tell a lot about the road ahead. We are not blind to what is happening. We are all very, very aware of how critical this moment is, and russia needs to contrib