Us. We have all got a stake in the action. 55 million 401 k holders, 35 million i. R. A. Holders, Union Pension plans, government worker Pension Plans, all benefit from the trump rally. Maybe records today. Politics. This is the day the democrats define themselves and their party. In a couple of hours, Speaker Pelosi takes to the podium. She will try to bring a badly divided Party Together. They are split on impeachment and split on how far left to go on the Green New Deal and open borders. Then tonight, theres the democrat debate. That too will define the party as it goes to the 2020 election. Same story. How far left will they go. Weve got a big show for you guaranteed. We are dealing with vaping, guns and the europeans, yes, they are printing money again. Varney company is about to begin. Stuart here it comes. A tweet from the president moments ago. It is, im going to read it for you, it is expected that china will be buying large amounts of our Agricultural Products. There you go.
President trump talks down a military response. Ab inbev is said to be looking for a valuation half what it originally sought rate asian unit as we worked delays its ipo until at least october. The case against Boris Johnsons brexit plan. The u. K. Prime ministers suspension of Parliament Comes under scrutiny in the Supreme Court starting today. Good morning, everybody. Less than a halfhour until the start of the European Equity trading day. This is the picture on european futures. We just came down a little bit in the expectations for the start of the trading day as far as the london and the german markets are concerned. The French Market looking more resilient. Weakness coming through in the Asian Session. Geopolitical tension, of course, in the aftermath of the weekend. Lets have a look at the gmm and show you where we are. Down 1. 7 on chinese markets. Hong kong markets also leading the fall. This is where the weaknesses is coming through. Some numbers be expectations from singapor
Deputies meeting. The chinese Deputies Team will come to the u. S. In a week or two in september to meet with our deputies. They will hammer out an agenda with key discussion points, and then i guess in early october, the precise date is yet to be set, our principal negotiators, secretary mnuchin and ambassador lighthizer, will sit down with vice premier liu he and others to talk about the deal. Throughried to maintain a kind of long summer here that, while President Trump continues his defense of the American Worker and the american economy, President Trump is a very tough negotiator. I hope people appreciate that now. The other part of the story is that we are talking. Its always better to talk than not to talk. President trump has indicated he would take a deal as long as it is a good deal for this country. The president also believes that china once a deal. Coming back to the job numbers, you made that important linkage. Our economy is humming. The chinese economy is not. We believ
Good morning, everyone. Good afternoon if you are watching from asia. This is bloomberg surveillance. I am in italy for the ember city ambrosetti forum. Lot to do with the economy, the trade war, with no end in sight. Although the two sides did decide to meet her we go back to our wall of worry. What im looking at. European stocks were up at the open a touch, now they are down. 1 . A lot will have to with the number we get from u. S. Jobs. Looking at treasuries, they are slowing some of the declines we saw yesterday and we shot a sharp selloff. Im also looking at gold. It is probably the perfect litmus test when comes to risk on or risk off. And wti, there is little change their. There. So we will get back to the markets and great interviews, but first, lets get straight to london and first word news. Hong kongs Credit Rating has that is as months of persistent protests and violence continue. Fitch says it is testing the framework that governs the relationship with china. Carrie lam sa
Protesters call on President Trump to support their democracy drive. And Boris Johnson pushes ahead with his brexit campaign. Eu Officials Say talks in brussels have been farcical in useless. Kathleen lets look at how u. S. Stocks ended on friday. Mixed across the board. If you put it together, basically the stoxx ended st ocks ended up. The s p 500 gaining nearly 3 10 of 1 . Dowdow up 59 points and the the nasdaq down. There was the negative news for facebook. It was nevertheless all about , temporaryte jobs jobs. Less than 100,000 strong for government jobs. Hourly earnings, wages, at 3. 2 yearoveryear. At the end of the day, jay powell himself, the fed chair in his speech, said he is concerned about Global Developments and you can see stocks ending on the upside. Futures pointing to a gain in u. S. Stocks, but how are things looking in asia . Selina after u. S. Stocks barely eke dow gains on friday, were seeing the futures market point to a muted and mixed open here. Negative data o