Testifying next week. Is doingip says barr the president s bidding. And also said the attorney general does not want my to testify in front of the house. Mother is set to experience to appear next wednesday. Democratic hopeful Elizabeth Warren has reduced legislation that is passed would require Public Companies to disclose their climate risks. The measure would also require companies to disclose the total amount of fossil fuel related assets to the securities and exchange commission. The bill aims to encourage companies to switch to Renewable Energy sources. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im mark crumpton. This is bloomberg. Shery live from bloomberg World Headquarters in new york, im shery on. Jon live in toronto, im Jon Erlichman. Joined by our bloomberg and Bnn Bloomberg audiences. For a cup. Case fed chair jay powell taking the central bank closer to cutting Interest Rates this mon
Predicting, even assuming the u. K. Has a smooth exit from the European Union in october, the in 2019, 1 grow 1 in 2020. The group says there is a one in four chance the economy is already shrinking. India has launched at second Unmanned Mission to the moon, trying to become the first country to land on the south pole. The indian spacecraft is due to reach the moon in 48 days. The lunar rover will operate for at least two weeks on the surface looking for signs of water and helium. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. In new and his 1 00 york, 6 00 in london, 1 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. From bloomberg World Headquarters in new york, here are the top stories we are following. More fighting words for the fed. President trump on the central bank, calling it misguided. Steven oh joins us in a few minutes. Not falling
Of leaked diplomatic memos. In the memos, he called the president inept and incompetent. Johnson and jeremy hunt, btw look and jeremy hunt, the two contenders to replace theresa may, will meet in their only headtohead to have debate in the campaign. Comes after numerous events around the country in which the candidates to questions individually from conservative party members. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. Im Mark Crumpton. This is bloomberg. Vonnie it is 1 00 p. M. In new york, 6 00 p. M. In london, 1 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. From bloomberg World Headquarters in new york, here are the top stories on the bloomberg and around the world we are following. Clues on awaiting more the path for u. S. Monetary policy. We will preview jay powells testimony to capitol hill tomorrow. Deutsche banks execution risk. Shares slumped and bonds sinking
To run another step closer to being able to build an atomic bomb. Ran closer to being able to build an atomic bomb. The turkish lira falls after the Prime Minister fires a central bank governor. Bloomberg has learned erdogan told lawmakers they need to get behind his delete that high rates causes inflation. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in more than 120 countries. Im renita young. This is bloomberg. It is 1 00 p. M. In new york, 6 00 p. M. In london, 1 00 a. M. In hong kong. Im vonnie quinn. Welcome to bloomberg markets. From bloomberg World Headquarters in new york, here are the top stories on the bloomberg and around the world we are following. Radical surgery for Deutsche Bank. A massive revamp of the german bank, closing its equity business, cutting a fifth of its workforce and scrapping its dividend. Sees theays he still need for a lot of things to go right. Powell in the line of fire. President trump k
Gaining strength again today, although really its also little changed at 1238, up only 4 100 of 1 . And crude is down another dollar 91. So crude wti back down to almost 80 a barrel at 80. 60. John. And thats certainly weighing on the canadian stock market with energy, with such a big subgroup component here. Financials is well under pressure in canada and were seeing that in the us indices. Matt mean, beyond just figuring out the story on rates and inflation from here, fitch raising some fresh concerns around the Banking Sector within the dow. Youve got jp morgan, for example, as one of the lead laggards. Its down about 2 right now. Watching tech is kind of interesting when you consider the fact that we started the day with some muscle calls, if you will, from the analysts on wall street. You had baird with bullish commentary on nvidia. You had Morgan Stanley saying despite the recent weakness, this is a winner. The stock is gaining on the news, but its up a modest 1. 5 . Then of cour