Tom good morning, everyone. An exceptionally busy day here at bloomberg surveillance. Lots to talk about on the news front. Stimulus in washington or nonstimulus, the breaking news on china, and markets as well. The dollar moments ago breaks down to new week this of dxy new weakness of dxy. An ever weaker dollar index. That will be one of our themes across the hour. Our Kevin Cirilli reports a deeply divided reports on deeply divided republicans, and there are fire trucks in houston. Jonathan they are united on one thing in washington, and it is china. The consulate in houston shutting down after the u. S. Demand. We have looking up 70 times to that headline woken up so many times to that headline, so we have woken up so many times to that headline, u. S. China tensions. Gold, 1863 note an ounce. On a weekly basis, gold has had a record high. Go to the dynamics you have seen in highyield and ig. Lisa if you take a look at highyield bond spreads today, you can see to have shrunk dramati
Space the Uns Highest Court rules against 4 arab countries and fears of a major flare up between armenia and azerbaijan as fighting intensifies over a disputed region. Back into the Program China is feeling the pressure on 2 fronts from the u. S. And from the United Kingdom just hours ago President Donald Trump signed an executive order to hold beijing accountable for a new National Security lowered imposed on the territory as part of the new legislation the president s canceled all special trade and economic privileges that whole kong enjoys with the United States and banks that deal with some the chinese officials also face sanctions. The hong kong or tanami act which i signed this afternoon passed unanimously through congress this law gives my administration powerful new tools to hold responsible the individuals and the entities involved in extinguishing hong kongs freedom weve all watch what happened not a good situation their freedoms been taken away their rights have been taken a
The government backtracked on plans to force them out if classes are taught online. And you me and you mean it on fear betrayers most of us have repeat polls question. Now china is evaluating retaliation after moves by the governments of the u. S. And the u. K. On 2 different fronts President Donald Trump has announced sanctions against chinese officials over the new National Security law thats been imposed on hong kong signing an executive order to hold beijing accountable hong kong is being stripped of its special trade in economic status and banks that deal with some chinese officials will also face sanctions. The hong kong or tanami act which i signed this afternoon passed unanimously through congress this law gives my administration powerful new tools to hold responsible the individuals and the entities involved in extinguishing hong kongs freedom weve all watch what happened not a good situation their freedoms been taken away their rights have been taken away and with it goes hon
Team drops the redskins name and logo bowing to criticism that offensive to native americans. More than a quarter of the worlds recorded covered 1000 cases are in the u. S. Over the weekend 7 states set to daily case records in florida added more infections in a day than any state had previously but if the case is month the trumpet ministration seems to be targeting its own Infectious Disease experts logical hain begins our coverage. A new tragic record the largest number of coronavirus cases diagnosed in a single day in a single state of florida more than 15000 confirmed cases and the death toll is rising this is a state that was one of the 1st to reopen its economy and its republican governor was defiant at 1st a lot of people in your profession who wax poetic leak for weeks and weeks about out florida was going to be just like new york wait 2 weeks floridas going to be next just like it only wait 2 weeks well hell were 8 weeks away from that and it hasnt happened it took a few more
In a suicide bombing in northern afghanistan the taliban has claimed responsibility and accused of war crimes cause of all this president has shame touchy is interviewed by a special prosecutor at the hague. Im joining us roscoe with the sports as washingtons n. F. L. Team drops its controversial redskins name after pressure from social justice campaigners. Thank you for joining us we start this news hour with a worsening Global Pandemic the World Health Organization is warning its only going to get worse if basic health care precautions are not followed nearly 13000000 people worldwide have now tested positive for covert 19 and have been more than half a 1000000 deaths globally many governments which had begun easing knock down measures are now being forced to bring them back and the head of the w. H. O. Says too many countries are seeing their infection numbers heading in the wrong direction. The situation were seeing is countries that overcame the 1st because of the outbreak but hav