The stoxx 600 flat, u. S. 10 year yields back to a level beside couple weeks ago at 1. 85, on the back of an easing of tensions regarding the u. S. And the middle east. Looking at brent crude, wayside volatile week, but ending friday at 65 and . 23. Coming up later, we speak with mary kudlow after the u. S. Jobs numbers are released, and that time. 2 30 p. M. London lets get straight to the bloomberg first word news in new york city. Bill begin with a brexit that clears the u. K. House of commons. It puts an end to the parliamentary gridlock that caused theresa may her job. The bill passes to the house of lords. Johnson wants it to become law by the end of the month. Federal reserve Officials Say policy is appropriate amid solid u. S. Growth, but there is a risk inflation that continues to fall short of the 2 target. The vice chairman telling the council on policy is in a good place. The fed leaving rates on its final on hold at its final meeting in 2019, signaling policy is on pause.
Meanwhile, for the labour party, with me katty kay in washington, Christian Fraser is in london the battle for the leadership turns our top stories. Increasingly bitter. Freshly elected mps arrive in westminster also on the programme. As democrats move this week for the first time to impeach President Trump including a new cohort republicans in the senate say of 109 conservatives theyve already Senate Republicans promise total decided hes innocent. Coordination with the president when hes on trial. But does that compromise one of arsenals star players has become embroiled the integrity of the trial . In a row with china. Coming up in the next half hour. The financial fallout is huge and says a lot about beijings power. 7 years ago a gunman in newtown Chinas Foreign Ministry says arsenal player mesut 0zil destroyed a community was deceived by fake news this weekend the schools football after criticising the countrys treatment of uighur muslims. Team gave them something to cheer. And the
The highs now. You might imagine, schwab and Td Ameritrade looking to get together. That has both stocks higher and has e trade way down, almost 10 now. Guy lets talk about where we are hearing europe. European markets, we are seeing the pound a little bit stronger today, the we have seen a little but of a selling story coming through in the last halfhour. We are also looking at a stoxx 600 which is down by around their. 5 around 0. 5 . Bonds are selling off as well. Yields just a touch higher, but not by much. Earlier on, we were maybe two basis points to the upside, but as you can see, that has now narrowed to around one basis point. Trade is a big theme, so lets talk a little more about it. The u. S. China trade war weighing heavily on the minds of World Leaders and business leaders. Theyve been at the Bloomberg New Economy Forum taking place in beijing. Foothillsstill in the of a cold war. We should pursue common, comprehensive, and sustainable security, and reject zerosum game and
European equities. , bit of a down day to end though it does not seen anybody is taking a huge position ahead of that jobs data. We have stock and bond markets close in the u. S. Yesterday as treasuries get going again. ,e saw a bit of a basis Point Holding at 1. 95 on the 10 year yield. Bund yields are just above that level. The euro is weaker am a down. 2 , 1. 1265 f disappointing german factory data. Coming up, we speak to larry kudlow. Lets get bloomberg first word news. Thousands packing the National Mall to watch president Donald Trumps fourth of july speech. He praised the u. S. Military and American People, but also put himself front and center of the Independence Day celebration. The event included tanks, flyover jets, and culminated in an extended fireworks display. President trump we celebrate our history, our people, and the heroes that proudly defend our flag, the brave men and women of the United States military. Together, we are part of one of the greatest stories ever t
The un says its Aid Operations in gaza will start winding down tomorrow for lack of fuel. So what happens after that . Israels Prime Minister says a Ground Assault will come, but meanwhile, the brinkmanship over letting in aid versus letting out hostages carries on. We are now reducing the fuel we are using every day so we can keep the most Critical Services running for as long as possible but it is going to mean that people dont have access to drinking water. Well be talking to people who know about humanitarian operations in gaza about what happens next and whether the United Nations is taking a side. And well explore the splits in labour caused by keir starmer s statements, which hes now caveated, on israels right to blockade gaza. Also tonight, is there trouble ahead forjoe biden from within his party . Listen, there are two peoples here, palestinians and israelis. We need to show care and solidarity with the Palestinian People and these civilians who are being killed every day in