Points at the s p. The dow up 72 points the nasdaq looking to be higher by 32 points in asia we saw a pull back from yesterdays gains off the china u. S. Trade truce hang seng is off just a fraction over in europe, european equities are mostly higher the dax is up by 0. 8 . Perhaps europe is still digesting the news that Christine Lagarde will head the ecb. The first woman to do so treasury yields fell back below 2 yesterday and remains there right now. 1. 895 the global story here, the benchmark german bund yield has fallen to a new record low, negative 0. 385 right now. It was negative 0. 4 earlier. The italian tenyear has gone from 2. 8 to 1. 7 in the space of about three weeks. Lagardes appointment seen not just in the german bund yield as not potential hawk, she will be more dovish, but someone who can operate politically and avoid a clash on the italian budget. Both appointments being European Commission president and ecb president being german and french shows the power brokers,
Trudeau canceled the joint media availability in beijing with each leader making a brief statement and taking no questions. U. K. Prime minister theresa may says she is confident of a positive outcome when she meets with eu officials this week. May spoke at a joint News Conference with Jeanclaude Juncker today. Clear, crucially, that we want to move forward together. On a couple of issues, some differences remain that require further negotiations and consultation. Continue, but we will reconvene before the end of the week and i am also confident that we will conclude this positively. May spend after they failed to reach an agreement to move the next stage of brexit negotiations. Whator Sticking Point is happens to the irish border when Northern Ireland leads the eu along with the u. K. Global news powered by more than 2700 journalists and analysts in over 100 countries 120 countries. Im Mark Crumpton. This is bloomberg. Julia live from bloombergs World Headquarters in new york, im juli
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