Worse. The chip index is down 1. 7 percent. A lot of those chipmakers receive revenue from china. We also have an index called the Golden Dragon china index down 2. 2 . Those are chinese firms listed in the u. S. Of course one of the triggers for this tension was the fact the senate did pass a bill that would move to d list to delist Foreign Companies in the u. S. Not saying it is targeting china, but that would be a piece of it. We she we see more weakness for the china related shares. David that is what we see in equities. What about bonds . What about commodities . Abigail it is not a different story. The bloomberg Commodity Index is down. Broadbased selling for the metals. Gold and silver down sharply. Oil was up a little bit. That is a divergence. A solid decline. Bonds are higher, so i risk off tone. What is also higher as the bloomberg dollar index. It will be interesting to see whether or not the risk off tone holds. Last year every other day it seemed we were talking risk on r
R erdogan. Rglobal, onair, and on quicktake by bloomberg, powered by more than 2700 journalists and analysts in over 120 countries. Im viviana hurtado. This is bloomberg. Shery live from bloomberg World Headquarters in new york, im shery ahn. Live in toronto, im jon erlichman. We are joined by our bloomberg and Bnn Bloomberg audiences. Shery xdxdmy here are the top s from around the world. The first trading day of the year and we are off to a bullish start. A look at the 2020 for currencies and equities. Ghosn5as great escape. New details on how the former head of nissan ande1 renault haa daring escape to lebanon. Deepens inre crisiso7o australia. We have the latest. Jon we are off to a bullish start in 2020. The stock markets in the u. S. nr hitting alltime highs intraday trading. The s p haj . H itsi] test perfore since 2014. A couple of stores and helped to fuel stocks overnight, the story out ofco china wi4 wjjusrturity coming into the chinese market, and the ongoing optimism s
Attacks on some saudi run oil facilities. President trump has been delivered a blow in attempts to keep his financial records private. A federal Appeals Court has upheld a subpoena to provide congress with his financial records. This means President Trump will lose control of his long private tax and business papers unless the court reconsiders the position or the u. S. Supreme court blocks it. The brexit negotiations have taken a step forward, with talks set to begin for the First Time Since Boris Johnson became british prime minister. The pound and u. K. Banking stocks surged. Mild breakthrough in talks with the irish leader on thursday, paving the way for detailed negotiations to start the start in brussels. Worknow have a week of ahead of them, examining drab legal texts as they tried to work out a deal ahead of the summit in brussels next week. Global news, 24 hours a day, on air and at tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im
Thought. Meanwhile, the president faces pushback from the chinese for those business deals with taiwan. The chinese are vowing to push back with tariffs of their own. The tier four continues. The Business Community against those tariffs. Strongsident setting the Economic Growth market despite fed policy. David we will turn back to china in a moment. Will the president have one less soldier in his army for the tariff war . That is wilbur ross. Facingwilbur ross questions, according to nbc news, questions about his future following reports of the senses question the census question. The president thing the commerce secretary should try to get that no matter what. This is one of those issues that the Business Community is at odds with the administration over. Their apprehension over the Citizenship Question being added to the census because of how it would impact their ability to make economic forecast. David thank you so much for reporting from the white house. Lets turn to Damian Sassow
I have a constituent who just came back from portland, oregon. They have a chinatown, and it is essentially a giant tourist trap it is devoid of any so will, devoid of actual people who are living and working there that are the original, you know, gateway immigrants that actually help to build that chinatown and help quiet, quiet. You can absolutely disagree with me, and, you know, you can. Be quiet. And one of the principal goals that i know our office is deeply committed to, and i know that our constituency is deeply committed to an auntie rose was too, keep chinatown a gateway for new immigrants to make sure that our seniors and our families are taking care of, and that we are, you know, preserving the heart and soul of this neighborhood. And central subway is a keen part of that. I am available to answer any questions. Folks, if you want to advocate for your position, shouting out and doing childish things is not the way to do it. We invited supervisor peskins representative here.