Maria i love your work, because you really look at policy and try to understand what policy tells us about the broader story, economy and investing today. Lets talk about one of the more important policies, and that is china. Yes. Maria we are waiting to see what happens with the two countries. We know that the u. S. Has these seven sins that they say china does, and i dont know if the president can do a deal if the chinese do not agree to stop stealing intellectual property, force transfer of technology, what do you see happening . I think something happened in the month of april, and i think they started to believe that trump was vulnerable in his reelection. And the china interference in this election is going to be far greater than anything russia did in 206. So what they do is they dont want to see the president get reelected. They think they can wait him out, and thats creating escalating trade tensions. The u. S. Has proposed tariffs going into effect on september 1st, now were
Flat that really does obscure a lot of drama up at least 2 s that has been pretty dramatic. Also why the nasdaq has been down so a lot of those profits are coming out of there. The hang seng up by 1 3 4 mentioning those tariffs that china will be taking off those goods. We have more on that front in a moment also an American Chamber of commercesaut u. S. Chamber services have been getting hurt and many of them are moving away more quickly than anticipated redirecting businesses there in the meantime, lets look at what has been happening. For the most part, green arrows. The ftse is up the dax up about. 75 . And cac is up. The trezy market and yields, they have firmed up. The 30year trading almost 2. 2 . 10year at 1. 714 . Twoyear note at 1. 67 breaking deal news, Hong Kong Exchange proposing a 36. 6 billion cash and stock offer for the London Stock Exchange saying it approached the lse with a bid last year, they agreed to buy refinative in a deal peloton says it plans to price shares b
Silence. Bloomberg will be covering those events through the morning. Alix 18 years. In the markets, you have seen the s p hold steady, but the churn beneath it has been quite staggering. A huge, unbelievable shift, added momentum into value since value weeen into have seen since 2009. Youre seeing some buying in the bond market. Yields down by about two basis points. Over in europe, couldnt decide on a bond bear or bull day. Time now for the global exchange, where we bring you the market moving news from around the world. Joining us are bloombergs enda curran in hong kong, in london, emma chandra, and Michael Mckee joins us in new york. The Hong Kong Exchange made an unprecedented 36. 6 billion offer for the london talk exchange. Bloomberg london Stock Exchange. Bloombergs enda curran has more. Enda obviously this is a very ambitious corporate transaction. , itably more importantly would be a real test of Investor Perception towards hong kong. Remember, this raises all kinds of questi
You really look at policy and try to understand what policy tells us about the broader story, economy and investing today. Lets talk about one of the more important policies, and that is china. Yes. Maria we are waiting to see what happens with the two countries. We know that the u. S. Has these seven sins that they say china does, and i dont know if the president can do a deal if the chinese do not agree to stop stealing intellectual property, force transfer of technology, what do you see happening . I think something happened in the month of april, and i think they started to believe that trump was vulnerable in his reelection. And the china interference in this election is going to be far greater than anything russia did in 206. So what they do is they dont want to see the president get reelected. They think they can wait him out, and thats creating escalating trade tensions. The u. S. Has proposed tariffs going into effect on september 1st, now were seeing the chinese start to reta
You really look at policy and try to understand what policy tells us about the broader story, economy and investing today. Lets talk about one of the more important policies, and that is china. Yes. Maria we are waiting to see what happens with the two countries. We know that the u. S. Has these seven sins that they say china does, and i dont know if the president can do a deal if the chinese do not agree to stop stealing intellectual property, force transfer of technology, what do you see happening . I think something happened in the month of april, and i think they started to believe that trump was vulnerable in his reelection. And the china interference in this election is going to be far greater than anything russia did in 206. So what they do is they dont want to see the president get reelected. They think they can wait him out, and thats creating escalating trade tensions. The u. S. Has proposed tariffs going into effect on september 1st, now were seeing the chinese start to reta