Dont forget, we have heard a huge amount of noise over the last few minutes, last few days, i should say from various politicians in germany and on that front, i want to bring in my colleague, anita we have heard again and again and again from analysts, from economies they would like to see fiscal stimulus in germany whats the latest when it comes to government appetite, political appetite for that possibility . Actually the better the Business Indicators are getting the less appetite is there i think the rational in germany among politicians in berlin any way was always a recession in their ideas when they see it already on the labor market. With we see deterioration in unemployment numbers thats the moment when politicians in germany would be willing to act in terms of fiscal spending. The more were getting away from that, the less well likely see a big bang for the stimulus package coming out of germany. What we might actually get is some tax free forms that at least in preparation
We hear about one french mothers fight for justice and the starter was stabbed to death by an export from france is the highest murder rate of women in europe and although the government is working on a new law to better protect women and many others say it is not enough. And leaked documents shed light on the Chinese Governments mass detention of leader muslims and a network of prison camps beijing insists theyre simply voluntary we educated center. Im sumi so misconducts good to have you with us prodemocracy supporters in hong kong have secured a landslide victory and municipal elections now the prodemocracy camp has been celebrating after parties sympathetic to their cause won almost 390 Council Seats compared to less than so. 60 for pro beijing parties hong kong residents turned out in record numbers to cast their ballots in an election that was widely seen as a referendum on the prodemocracy movement after nearly 6 months of protests on kongs probation chief executive kerry lamb h
Its been a chaotic week of mixed messaging on the trade talks with comments from President Donald Trump on friday diminishing hopes of an imminent trade truce between washington and beijing he said a complete rollback of tariffs on each others goods was not in the cards he said the Chinese Government knew he would not agree to such a rollback but just a day earlier the Chinese Commerce street said the tariffs would be lifted in stages however the white houses advisers are reportedly divided on whether and which levies to remove as a response to which concessions from beijing earlier reports of both sides agreeing to an initial deal to pave the way for a broader one have now been thrown into doubt. Now earlier we spoke with one experience head of Market Analysis ranko berridge we asked them how much the erratic communication surrounding the trade discussions were a disadvantage for the chinese. Thats right. I think the root of the problem is the fact that policy at the white house has b
May. Ease trade tensions. This is the euro stoxx 600,. 8 her, eurodollar 110. 2 1. 1024. 1. 78. S. 10 year yield up at theup, the president Info Institute for economic research. It is not having much of an impact on eurodollar. We will see what that means for the health of the european economy. Thatn Business Confidence 95, in line with continent estimates. Lets get to the first word news in new york city with Viviana Hurtado. Green to buy is a tiffanys for over 16 billion and the deal is for 3500 a share. Lvmh isnt as dominant in jewelry as fashion or cosmetics. The taiex gives it access to 160,000 hearings 160,000 diamond chains and the deal is expected to close 2020. Michael bloomberg is running for president in 2020, joining a mix of race and brings a moderate policies and experience and business. The 77yearold says President Trump is an existential threat to the u. S. And its values. Michael bloomberg is the founder and majority owner of bloomberg lp, the Parent Company of Bloombe
Official and we are on record high watch today. The s p seven points above an alltime closing high and the nasdaq trading in record territory as well today. Joining us for the hour is stephanie link from atiaa company. The market moved higher in the morning and weve sat there all day, upward bias because u. S. China trade headlines we have three reasons the deals that you mentioned early on, theyre positive for shareholder Value Creation but more positive in my mind because the ceos are showing they have confidence and they have visibility in spite of the trade tensions which to me is a very powerful statement thats one of the reasons for sure one area thats not getting a lot of attention, the german Business Confidence ticked up month over month its not back to july levels, i get it, but theyre making progress, right . And then of course the china talking about ip theft and being more friendly, more positive gesture. Who knows how thats going to turn out but those are the three reason