Largest economy in europe for 2019. There are more concerns about the global trade deals than there was yesterday. You can see european stocks pretty much flat. The dollar pretty much a steady. We are getting some data out of germany shortly. We also speak to the dallas fed president , Robert Kaplan at 3 30 p. M. London time. Lets get straight to the bloomberg first word news. Now, u. S. Story for tariffs on china staying put. The Trump Administration is likely to keep them in place until after the president ial election. Any relief is also contingent on compliance. Steven mnuchin and says tariffs wont be removed until the next stage of a trade deal. These tariffs will stay in place until there is a phase two. If the president gets a phase two quickly, he will consider relieving tariffs as part of a phase two. It has nothing to do with the election or anything else. Today, the u. S. And china are scheduled to sign their phase one trade deal. 1 billion is the figure by which jp morgans
600 gaining. A lot of the focus is on earnings and the economic backdrop. 1134. Ollar 1 it has fluctuated but is very arrangedbound. Rangebound. Coming up, the World Economic forum in davos. We bring you all the biggest names in banking. Lets get straight to first word news in new york city. We begin with the new york senate approving Donald Trumps new freetrade agreement with mexico and canada. It handles the president and a major win ahead of impeachment. The overhaul of the agreement was a priority for mr. Trump. Mitch mcconnell called vote a rare moment of bipartisan cooperation. The white house broke the law in withholding aid the ukraine. Accordingting to an independent watchdog, saying the president should not have delayed money. This is a key part of the impeachment case against President Trump. , quoteg with them obsessed with the u. S. Trade deficit. This is according to bill hogan, saying americafirst policies are bringing about a priceless moment for global trade. This came
Happy tuesday. These are your markets. A lot of the focus this week will be on earnings. We have a lot in the u. S. And europe. Of days awayle from the signing of that phase one trade deal between the u. S. And china. We are still trying to figure out what happens between the u. K. And the eu. There is a lot of speculation. While Bank Earnings c,itif with j. P. Morgan and wells fargo will follow after. We will focus on what blackrock Just Announced moments ago to focus on more sustainability. Lets get to the bloomberg first word news. The Worlds Largest asset manager is upping its push to a greener future. Blackrock will put Climate Change at the top of the investment strategy. Inwill avoid investing companies with sustainability risk. The u. K. Is likely to secure a trade deal with the eu, according to Boris Johnson. He said he is very, very, very confident. The transition phase is currently scheduled to end on december 31. Iraqi leaders privately want u. S. Troops to stay in the coun
We have another interesting discussion we can turn to. For me this is an honor and a personal privilege to introduce ambassador susan rice. She is no stranger to the womens Foreign Policy group. Throughout her career, she has represented the best of the values that we promote at the womens Foreign Policy group. From her public life, the Clinton Administration she served as one of the youngest secretaries of state ever, and then went on to serve the united nations, and National Security advisor for president obama. U. S. Takes us behind Foreign Policy making. From the rwanda genocide, the bombing of u. S. Embassies in africa, syria, benghazi and more. She gives a clear eyed insight into these and other National Security moments. She was in the room at the table and even in the crosshairs of american political discourse. What i like most about susans book is not just the Foreign Policy discussion. It is also her personal story. Which is really just as fascinating and captivating as the m
Lets look at these markets and our into the european trading day. Stoxx 600 in europe up by. 1 . And even start to the trading day. Evenly divided winners and losers on the European Equity markets. Lacking any direction. Into the u. S. , also lacking direction. We have seen a little bit above the flatline. Not getting a great bicker great bit of direction. A big focus on Central Banks and a u. S. And a focus on u. S. Policy. Titians, ay trade tensions, that coming up. Wrist bank leaves behind five years riksbank leaves behind five years. Is now what we are showing you. We were showing you the norwegian krone. Not to be confused with the riksbank. Bank, we scroll back to what they did there. That was as expected. See a to this picture, we number of Central Banks leaving policy unchanged. They were treated for negative Interest Rate hiking. They were moving in their own direction moving against the cutting cycle for many previous months. We continue to do that. Lets get a new lets get an