President trump talking about trade gave us an insight into the u. S. And china in terms of negotiations. A lot of focus is on what is happening in hong kong with heightened tensions playing their part in a selloff. The u. S. 10 year yield is at 1. 1010. Eurodollar at coming up, we speak to a bank chief executive a little bit later on. Lets get straight to bloomberg first word news here in london. 3g capital is said to have submitted a bid for an elevator business. That comes as a surprise with 3g having made a name for itself buying food giants. They understand the elevator unit could fetch more than 15 billion euros. They are still debating a minority or majority stake. Hong kong has announced a suspension of all schools in the city. This as the security chief warns of unthinkable consequences if violence continues. Early commuters packed on to the first trains amidst calls to impede rushhour traffic. The International Energy agency says Global Oil Demand will likely plateau around t
Angry response from the Chinese State media and consumers when it approved a map app that allows protesters in hong kong to track police movements. Heres what the president said about the controversy moments ago. Are you okay with the Chinese Government pressuring the mba over hong kong . They have to work at their own situation. They know what theyre doing. But i watched the way that they were pandering to china and her own country, its like they dont respect. And i said what a difference, is in is that, to me is very sad. Is strong right . Should American Companies stop caving into china. It depends how you define caving. In terms of doing something that you dont do in the United States, no, you have to pull back or feel youll be able to move the needle forward. If you cant, then you make a decision and waited out. But what china did but overreacting in the mba is now doing something it shouldve been done along time ago, governments have to back the companies up so china knows if it
Sense that there are Different Things that come out we had the futures down, the equivalent the s p down 1. 2 and came out with a statement with hauwei we didnt come out. New york times cited sources saying there might be nonessential equipment. You understand what i mean, meaning that there is a story floated, let me be more accurate that made it so that the bear market of last night ended no stocks trading. Its kind of amazing when people started the futures in 1984. Did they ever envision a world, this is our gamble if there is no stock trades, its a gamble. I feel the momentum behind these talks. I cant believe theyre having talks after whats gone through this week. I dont know. Well, you cant listen to lighthizer, you know, the contradictory nature of this sometimes that we see from the administration, whether its navarro contradicting kudlow, lighthizer, mnuchin and the president s tweets, it makes it very difficult one would think for an investor to try to figure anything out ex
And a beige book road map begins with hong kong, brexit and slew of International Trade data stocks set for a sharp rebound at the open. Recession risks with Global Economic uncertainty rising, well get the latest tea leafs from the fed later today. And the nfl blockbuster, the Dallas Cowboys agreeing to a mon monster contract extension with ezek yell Ezekiel Elliott. Investor sentiment, a lift on news from across the pacific carrie lam making it official she has withdrawn the controversial extradition bill that sparked months of protests and impacted the economic climate. Some protest leaderes say demonstrations will continue, though, unless other demands are met, including calls for greater democracy, some of the protesters are asking for a complete review of police behavior, no indication shes going to give them that as well. I would say finally to this, right . They have been protesting now for 13 weeks this was one of the core issues that set it off. They have other demands, but a
Police chief be ending soon . From ktvu, fox two news. This is mornings on two. Well, good morning to you and thank you for joining us. Welcome to mornings on two. Im dave clark im allie rasmus. It is wednesday february 28th. We made it to the middle of the week. Yes we did. And we will need a jacket out there this morning. Its cooler than it was yesterday. It is cold out there. This is the last day before everything starts to kick in here at. And its going to be a long event here, especially for snow. But today looks good. Just a little cold in the morning. Its a frost advisory out. Although i you know im not sure i buy it but its cold but 30s on the temps here to 40s. We are looking for a nice day that system up north is already beginning to play into the weather starting tomorrow. So. But today its 60s on those temps. All right. Sal is here. He was kind enough to open the door for me on my way in. So thank you, sir. Good morning. Well good morning to you, steve. You know, here we ar