One that walks away from these talks. Reporter hong kong drops and unpopular law but unrest continues. You can see the level that has been built up. Reporter argentinas debt crisis deepens. They have to do something to contain the flow of dollars out. Reporter the fed given more food for thought. A strong correlation with the session ahead. Not a great report, it is decent. We want to remove obstacles to Economic Growth. Reporter the top interviews on topics from trade to race. These give us reason to double down our efforts. Low Interest Rates have significant effects on turnover. We have the fundamentals right to deal with a slowing bubble economy. Reporter it is all straight ahead on bloomberg best. Hello and welcome. I am kailey leinz. This is bloomberg best, your weekly review of the most important analysis and interviews from Bloomberg Television and around the world. Lets start with a day by day look at the top headlines. The week began with the u. S. And china entering a new ph
Of a uk election still looms, despite the governments double defeat in the house of commons 48 hours ago he was leading the chants of stop the coup, let the people vote. Now hes saying, stop the election, stop the people from voting two year treasury yields hit the lowest level since 2017, while Goldman Sachs ceo tells cnbc exclusively a recession could be on the horizon. Bond market is reflecting a sentiment there is anxiety about the prospect of a recession, in the u. S. Less evident in the data, perhaps more evident in a variety of different markets like germany here in europe. But it is possible well, markets are trading a lot more buoyantly overnight, especially on the news that the two sides, china and u. S. , are reportedly going to have a meeting in october thats given a relief rally to asia markets and u. S. Futures as well as were heading into this european session you see there is quite a lot of green on the board already for the stocks 600 after the better session yesterday
Move people out of the area after a standoff with palestinians at one side of the gates to the site the trouble began when rightwing jewish groups demanded that since to the compound separately on the gaza border a palestinian was shot and killed by Israeli Soldiers the said such incident in recent days. Of course in south africa has temporarily suspended plans to investigate president so around the poses for corruption the president has been accused of deliberately Misleading Parliament over a 50000. 00 donation to his Leadership Campaign which he denies more now from our correspondent in pretoria for me jim in us. President has managed to get a in interdict to stop the remedial action that was recommended by the Public Protector against him and thats linked to her reports that she said he had deliberately misled parliament when answering questions around donations to his campaign when he was running for president of the African National congress on the Public Protector and said that
Foresee for its its use in the e. U. Can you see it for instance begin to influence what appears to be the fairly insidious and creeping russian influence in European Political Affairs im thinking of russian money allegedly used to prop up the. Populist government in italy also suggestions of russian money being involved in breaks it. Tell me about the european angle well so your key United States is the most powerful country in the world but if you get the United States doing saying sions and europe not then then these guys are all going to the south of france and buying villas in the hotel in front of the hotel du koppen in marbella in sardinia and so the so europe has to has to conform with the rest of the world in order for this to be an effective policy and europe up until now hasnt now in december we had a breakthrough in europe where they were finally after 9 years of my campaigning they finally agreed. In principle to do it but it in principle and having a law theres a lot of d
And hang seng modestly higher here. This is after we did see liquidity injections keeping that targeted rate at 315. The chinese 10 year bond has been interesting. Yvonne david 313, lowest level since march. You are looking at sterling here as well. He thinks that it has gotten a little wide here at over 100. Sterling is under pressure. It is under more pressure if you measure that against the euro. A record streak of weekly declines. Continuing ratcheting up of tensions with iran. I guess it is about whether Boris Johnson is going to be the successor of theresa may. Certainly a lot of pound traders are focusing on the currency and focusing on shanghai as well. A little more green on the screen here. Really different from what we saw yesterday. For stocks currently in the green. Sawing close to what we yesterday. David it was a bit crazy. Giving your declines, this is 20 out of your 25. If you look at how they have done year to date, there we go, still up 360 in some cases. The program