From the Bloomberg Global Business Forum. Matt good morning. Interesting to see the impeachment drama playing out, even after the release of what was called a transcript and then a widely mocked and remain renamed memo. I think the dossier that the congress has ordered will be even more interesting. We will see what the full whistleblower complaint was. Investorsctly, and have so much to get their heads around. The biggest question is what it means for the 2020 election and what does it mean for president s trade policy. We had comments from him saying we could see a deal with china sooner than expected. Is he starting to feel the heat . We have the feds Charles Evans saying perhaps no more rate cuts are needed and that may be playing into some of the Market Action as well as the trade and impeachment drama. Matt its interesting to hear that. Lets look at how this has played out in markets. First lets take a look at what is going on in terms of asian equity indexes. We can see the Msci
Matt good morning from berlin. , it seems that the disintegration between the u. S. And china further continues deteriorating and hurting stocks around the world. Nejra it is getting to be a bit of a complicated mess. Itse is discussion about stock flows of u. S. Money into as well. E travel bans it is not looking good head of trade talks. That is what markets took away even as we got comments from jay powell. Matt exactly. I think they might be separate issues to some extent. Stocks fromat the the hot mess, there were declines of 1 across the board in europe. Take a look at what we see in the msci asiapacific right now. Down. 6 . S p futures are currently up right now. Remember, it is really going in the futures trade and fairly thin in asia. Here. E nymex crude we are so low here. Maybe a seconddegree relation in that the trade issues cause slowing Global Growth and that makes the price of oil less because of the demand issue. Nejra interesting you are seeing u. S. Futures higher. Ov