Do is to preemptively narrow production. Both the private sector are heading in the right direction. Speaks candidly about preparing for the next downturn. We are more cautious compared to 2009. Elizabeth warren talks about how she would fix u. S. Trade policy. It is all straight ahead on bloomberg best. Hello and welcome, i am nejra cehic. Interviews, news and analysis from Bloomberg Television around the world. Showingeconomy has been stress in the trade war. A new report tells a positive story. China showing raising hopes over the countrys recovery. Do these numbers mean and does one swallow make a summer . Certainly a positive headline. The official and private sector are heading in the right direction. There is some seasonal effect behind it. Chinas pmiin probably spilled over to the rest of the region. It is certainly a positive number, but we are not seeing any signs of a sustained rebalance. There are encouraging numbers. Ut of china a short time ago we got numbers going the ot
These are your markets. There seems to have been the u. S. Saying they will remove the threat in china, which is why we have seen a little bit of moves. Awaye exactly seven days from that election. Opec meets in vienna, brent crude at 62. 91. Moncler, really the stock of the day after that report that kering, the owner of gucci, was interested in buying moncler. They do jackets for the winter, skiing jackets now turned into fashion. That stock price has gained 9. 2 . Moncler at 42. 40 two. Coming up, we talk all things fx. It thing or two to say about the pound. We will also talk about emerging markets. Lets get straight to the bloomberg first word news in new york city. We begin with fiscal stimulus. Japans government pulling out all the stops. Tokyo announcing measures to support growth as the economy contends with an export slump and the fallout from the sales hike. We have learned the total package amounts and is expected to boost growth by 1. 4 . An unexpected hold in india. R. B.
Constituents how she has navigated her own constituency. Beyond that i spoke with patrick mchenry, a prominent republican commit republican member of the House Financial Services committee who told me the dynamics of whether or not this becomes a constitutional crisis has not been changed. The president emboldened by a poll that found he is still enjoying high supports by republicans in his party. A likely sixday week trial in the senate and this could be wrapped up by sprite a likely six to eight week trial in the senate and this could be wrapped up by next spring. David i want to pick up on president s tweet about nancy pelosi. Fit,d she had a nervous and help the homeless in your district. Hasiously the president refrained from getting too personal against closely. Does this reflect a shift . Kevin it does and it reflects an emboldened feeling from inside the white house that they are not at risk of losing republican support. In terms of the calculation republicans are making behind
Anticipated to be a senate trial once lawmakers in the house vote to likely impeach President Trump. Should the democrats not be able to find opportunities to work the rules, that would mean it would be a partyline bill package, and anywhere from six to eight weeks for there to be a senate trial. Behind the scenes, all of the chatter is about the timetable of that. We are hearing this will spill over well into the First Quarter of next calendar year. David not good for anybody running a primary. Any sliver of bipartisan support even for rules might be encouraging. On the house side it looks like it is going straight down party lines. With ayesterday i spoke senior aide to a republican member of the senate who told me partyline, partyline, partyline. Could hear some republicans criticize rudy giuliani, but they will not break with the president. David thank you so much for the reporting from washington. Now lets go to london. We have got past the nato summit. What did you take away . Ro
Mike u. S. Stocks to some degree have brushed off the tweets from President Trump this morning criticizing china. Soybeans fell to a seven low today. This is after President Trump criticized china after criticized china for not increasing American Farm imports. Trade war worries have people away from soybean market. Open interest in soybean contracts have fallen to eight fouryear low. Wheatcotton, some contracts all off. Forecasts for cooler weather in midwest also plan on playing on prices. Benign weather should help crops behind in development after a rainsoaked season. Ag commodities are a little bit more pressure, but we do have commodities that double as currencies, like silver, up for the 2nd straight day. It is up ahead of the fed meeting as they aresing also piling into more options. The volumes of calls and puts surged this month. 2010,ghest since november and a sign of greater speculative interest in that market. Silver comes more into this picture as silver futures head for