Out within the have and havenots of retail, the targets versus the macys and jcpenneys. We have the oecd cutting its Global Growth forecast for this year, in particular germany. They see growth up there just 0. 4 . But the market goes nowhere. The markets really want to drive higher here. For globalow exchange, where we bring you todays market moving news from all around the world, from beijing to new york to atlanta. Our bloomberg voices are on the ground with this mornings top stories. In china, top trade negotiator liu he says he is cautiously optimistic on a trade deal. Shawn donnan joins us from beijing. Whatever we learned so far from china . Shawn we learned that liu he, the vice premier, has been sending out some positive signals. What is important about that is at comes at a time when some folks in the market and some folks close to the talks are warning that these talks are in a pretty fragile state and could fall apart still. Liu he, as part of a visiting delegation last nig
Inflation and pmi. A brutal bond selloff. Called it here on the show yesterday. Yields up seven basis points. Time now for the global exchange, where we bring you todays market moving news from all around the world. Joining us from hong kong is bloombergs stephen engle, from , and london, tadeo guy johnson and dani burger, and in washington, kevin cirilli. In hong kong, protests are intensifying. Stephen engle joining us for more. What can he tell us on the ground . Whats happened . As you can see over here stephen as you can see over here, police have formed a line. There have been some sharp words between officers and people on the mezzanine level looking down lotsthem, keeping lots of of swearwords in cantonese going back and forth. This is a cleanup operation by the police after what was a very raucous national day celebration, if you will, or commemoration of the national day in china. Here it is a very different feeling as protesters, tens of thousands of them, came onto the stre
Biggest sports rival are set to meet at the cricket world cup. And we all know there are cricket fanatics. Hello, our viewers, welcome in the u. S. And around the world. Im Natalie Allen. Cnn newsroom starts right now. And we begin with breaking news. Hong kong suspending the controversial extradition bill that sparked mass protests this week. Activists claimed the bill would give china too much control over hong kong and erode the citys basic freedoms. Speaking just hours ago, chief executive kerry lam defending the bill, but said the government could do more to explain it to people who were afraid of losing their civil rights. I have to admit that our communication work has not been sufficient or effective. The government has decided to suspend the exercise. With all sectors of society, do more explanation work and listen to different views of society. I want to stress that the government is adopting an open mind to heed comprehensively different throughs in view towards the bill. Ou