Investors see trade tensions using. Winskongs prodemocracy in a landslide. Record numbers turn out for the first vote since the unrest began. Good morning. Lets have a look at what the futures are telling us about the European Equity session. The first of the week, looks like it could be positive. Factoring in a little bit of the balance we saw in the u. S. Market on friday and adding to that. U. S. Futures also suggests we will be higher. We saw that bounce in the u. S. On friday. Trump saying the u. S. Was very close to a trade tax. Lets put up that. Trading around the scraps of information with regard to trade dialogue between the u. S. And china. With that in mind lets get to the gmm. That shows us what is moving in the asia session. Hong kong up by 1. 4 . Trump line from friday. Also the news from headlines, china talking about tougher penalties for companies that break the rules around intellectual property. That may be is designed to sooth tensions between the u. S. And china be
News 24 7, channel 115, we are taking away time from maria bartiromo. Maria happy tuesday, thanks for joining us, im maria bartiromo, tuesday october 29, later this morning General Motors, investors are looking for the impact of the strike that just came to an end. We will have all the numbers and funnel analysis, google parent alphabet under pressure, profits were down, stock was lower by 1 and a half percent. Following yesterdays record run for s p 500, futures pulling back. Dow industrials down 55 points and nasdaq exactly where it closed yesterday. Fires are raging in california, strong winds fueling the flames in los angeles, bay area causing evacuations and massive amounts of damage, we will take you live this morning. 737 max crisis continues, boeing ceo this morning on the hot seat, he will have to answer questions about his testimony in capitol hill, thats taking place in the oneYear Anniversary of the deadly lion air crash, mornings with maria begins right now. Maria good mor
Be off the table stocks set to open lower. Underperforming, a status check on the now not so hot ipo market. And the nbas china headache, one managers tweet about hong kong sparking a business backlash and political firestorm. The dow and the s p now in the midst of a threeweek loss, despite a friday rally, which was the best one day performance since august were set for a lower open china reportedly looking for a limited trade agreement when talks begin with the u. S. Later this week. This bloomberg piece, guys, talking about how dont expect massive agreement this week, but who knows. Still early. Well, conflicting reports out of i felt the Administration Last week. On friday, larry kudlow, chief economic adviser, said, there could be some good things. But if you look at the agenda of what the president wants, it is the exact opposite of what the chinese said to bloomberg. President s hoping to see an end to the deal, intellectual property, hoping to see the end of the technology tran
Manus 6 00 a. M. In london. I want to bring your mind back to 2018. Exuberance after the g20. Then we faded to black. Im talking about the drop in the s p 500. Is it deja vu . From the did hear global times yesterday saying there is a will to make a deal. Then in bloombergs reporting, we are talking about the fact china wants december tariffs to be lifted. We are still waiting. Also looking ahead to bank earnings. Big questions over what we are going to see in terms of costcutting. The one positive is the u. S. Consumer. Low rates certainly not helping. Manus let us talk about the various political markets and how they are affecting currencies. The lira, first of all. Battered and bruised. 50 on steel. Three ministers have been sanctioned by the u. S. On turkey. If you wanted a reason to sell the lira, you have it now aplenty. Despite the pushback, defensive play by the local banks, a billion dollars of fx. There is this deep misgiving in the treasury market. Yields popping by 20 basis
Is still possible. Obviously any agreement must work for everyone. Climate change campaigners have been banned from london after a week of Extinction Rebellion protests. A low cost and widely available drug could reduce deaths in traumatic brain injury patients by as much as 20 , according to a new study. That is at 9 15am. Good morning and welcome to the bbc news at nine. The government and the Football Association as well as past and present players have demanded that uefa take tough and immediate action after englands black players were racially abused during an international in bulgaria. The game which england won six nil had to be halted twice because home fans were making monkey noises and nazi salutes. The referee was following uefas three step racism protocol. The first incident occurred on the 28th minute when england was leading 2 0. A stadium announcement was made condemning the abuse and warned fans if further incidents occurred the match might be abandoned. The game was st