Silence. Bloomberg will be covering those events through the morning. Alix 18 years. In the markets, you have seen the s p hold steady, but the churn beneath it has been quite staggering. A huge, unbelievable shift, added momentum into value since value weeen into have seen since 2009. Youre seeing some buying in the bond market. Yields down by about two basis points. Over in europe, couldnt decide on a bond bear or bull day. Time now for the global exchange, where we bring you the market moving news from around the world. Joining us are bloombergs enda curran in hong kong, in london, emma chandra, and Michael Mckee joins us in new york. The Hong Kong Exchange made an unprecedented 36. 6 billion offer for the london talk exchange. Bloomberg london Stock Exchange. Bloombergs enda curran has more. Enda obviously this is a very ambitious corporate transaction. , itably more importantly would be a real test of Investor Perception towards hong kong. Remember, this raises all kinds of questi
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
Trumps only regret is not raising tariffs higher. Amid calls for calm escalation. Pricing in more pain. Stocks take a hit across the world. 10 year treasury yields fall to the lowest since 2016. In violent weekend in hong kong seeing equities on a slide the most this year. Watch for luxury stocks at the european open. Matt thank goodness you are back. So good to see you, even if it is via satellite. Pictureing at a 30 day of treasury yields. You can see starting on friday when the trade war was escalating, the chinese put tariffs on 75 billion dollars worth of goods and donald trump came back with more. We saw investors run to treasuries, buying the paper and pushing the yield down. Far away from the one spot 31 eight, which is the alltime low. Take a look at futures. You are not trading in great britain. You have a bank holiday for no reason at all. Just a bank holiday. You do see everywhere else, futures down. Cac futures down. What do you see on the gmm . Anna a pleasure to be back.
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
Exchange, we bring a market moving news from around the world. Kong ifus from hong enda curran, we have Annmarie Hordern and emma chandra, and Michael Mckee joining us in new york. I want to show the slowdown. Bloombergs enda curran has more. Enda . Enda i think it was quite weak across the board, alex. The worst single month meeting retail002, which saw the sales side of things confirming that even though a lot of it was due to the slowdown in the car market, the auto market, there is a feeling that consumers are starting to track as well. The activeixed, investors side of it, we saw that lacking, pretty soft reading, setting up the economy for a pretty slow in to the year. Putting pressure on the government to respond. Alix thanks so much, enda curran come in hong kong. Saudi Oil Facilities were attacked. Annmarie hordern have the latest. Tomarie that is right here 5 of global supply, 5. 7 Million Barrels a day, but half of the kingdoms net exports. The biggest infrastructure that d