Its simple online on your mobile and free. W z learning course. German made easy. From the skies to the dinner table a transatlantic trade dispute over plane subsidies has the u. S. Going after french wine and european cheeses and the e. U. May respond with its own duties on i didnt like american culture. And u. S. Investors see the good in the bad news so we get the word on wall street. The u. S. China trade war how the surprise winner mexico we take you to a border city seeing the booming trade. And all aboard a major boost for germanys shipbuilding sector as the chinese cruise market returns to growth. This is b. W. Business im joined in in berlin welcome frozen fish handbags catch up and video game consoles those are just some of the American Products the e. U. Is prepared to hit with new tariffs if the u. S. Goes ahead with the ones it has planned more indication that the e. U. And the u. S. Are prepared to keep circling each other in their drawn out trade dispute over playmakers
Massive rescue efforts, hearing from victims and those rushing to help. Plus, upsetting Boris Johnsons plan. The new move from the uk Prime Minister following his second brexit defeat. New details in the College Admissions scandal. The latest allegations of paytoplay, what it means for the dozens of parents charged. Connell more on all the stories, fox Business Team coverage, top stories with gerri willis on the floor of the new york stock exchange. Edward lawrence in d. C. But gerri, with this rally in the markets we start to with you. Reporter global rally going on really started with the comments from the hong kong leader carrie lam, saying they would withdraw a bill that had sparked all kinds of protests in hong kong, calling for extradition of hong kong residents to face china, what wall street journal opaque justice system. She pulled away. Off to the races for stock markets across the globe. Facebook adding to the upside as well. Oil purchases for a second, settling up 4. 3 . An
We have unrest at home, and abroad. New protests in hong kong today, despite the protests number one demand there being met. This weekend is not expected to be any quieter and then over the uk, lawmakers voting to block a no deal brexit thats the show down with the Prime Minister Boris Johnson, well talk about all of that plus Hurricane Dorian making landfall along the North Carolina coast as the storm continues to make its way north, were live on the ground with the latest on the Recovery Efforts. Melissa fox Business Team coverage Edward Lawrence is in washington, christina partsinevelos is on the floor of the New York Stock Exchange and blake burman and Hillary Vaughn are both at the white house. Lets start with edward. Reporter melissa today Federal Reserve chairman Jerome Powell hints he supports a rate cut, now he bases that around trade, not the trade policy itself. We would never comment on trade policy. We dont do trade. Its not a responsibility of the fed, but i think it is t
The nikkei up. 3 , volumes are pretty light, the seasonality effect as far as that goes. Asx up point tend to the one side. Joining the negative field club, all the way up to 15 years and negative terrain. ,ets look at what is happening german futures there as well. Guild,ed, look at the nearly 1 in negative terrain. Theyre joining with the germans and the swiss here. Treasury at 1. 64 . Where are we with the trade talks . Out as we get over to the first word news with su keenan. Kudlow saying the u. S. And chinese officials have had a productive call on trade negotiations and they are planning a followup in the next few days. He also said there is no change on plans for a chinese delegation to visit the u. S. In september. Chinas ministry of congo comers echo the hope of finding a solution but also criticize the u. S. Approach so far. Postpone the tariffs on some chinese goods has proven there is no winner in a trade war and the u. S. Consumers enterprises will suffer huge losses if t
Boris johnson beats a brexit blockade in paris as mccrone as Emmanuel Macron says any potential changes to the deal would be minimal at best. Shery we have some big guests coming up on daybreak. First, lets get you started with a check of how markets closed on this thursday session here in the u. S. It was a bit of a mixed picture. We saw the doubt at about 50 points, but the s p 500 gave up morning gains. We had more cautious commentary coming out of that officials when it comes to future rate cuts, so that really helped curve. Rt that 2 10 yield materials and Health Care Stocks leading the declines, weighing on the stock markets. We are also seeing manufacturing pmis coming in a bit soft, so that did not help sentiment. We saw the nasdaq down. 4 as we continue to see fears of recession creeping in. At the moment, u. S. Futures not doing much, but lets see how we are setting up in asia. Sophie we not seeing much in the way of action just yet. You just nudging lower in sydney and seoul