Accuses eight Chinese Technology giants of Human Rights Violations just days before trade talks resume. Will. S. President says he obliterate the turkish economy if its military does anything in syria he considers off limits. And hong kongs exchange drops its 36 billion bid for lse, ending the ambition to be a link between europe and china. Matt good morning. Less than half an hour from the start of cash trading across europe and the u. K. And the republic of ireland. A look at what we have on the 10 year yield, rising as investors let go of the perceived safety of government debt. Where are they putting the money . Into stocks. We saw that overnight in asia, still doing that as we close up those markets. A look at the futures across europe. Green arrows. After a positive close on yesterdays cash indexes. Dax futures up 0. 4 , cac, ftse gaining mass, but less, but positive u. S. Futures as well, after some slight losses yesterday. We see many contracts inching up. 0. 3 , nasdaqaining f
The yield is trading right now and the opening markets. That will not match up with the auctions today and tomorrow. Keep an eye on the dollaryen. Kind of stuck within a bound, but we will see if there is a breakout, and you see the nasdaq, golden dragon. All the big Chinese Markets moving lower, down about 2 right now. Guy just a few headlines coming through from washington. The boss of the imf is speaking and she will be talking to tom keene later on this program. What she is saying is the Global Economy, much of which is deteriorating at the moment, warning about the impacts of the what war, and reinforcing Christine Lagarde kept saying again and again and again, the war is negative for Global Growth in that story continues. It continues in the market the stoxx 600, you have 500 up, sorry, 500 down and less than 100 up. The stoxx 600 is trading up slightly higher. Lows andith session the pound is under pressure. The brexit story is taking a turn for the worst. Vonnie we will hear fr
The big chief opens the door to rate cuts as he announces a new appetite for treasury and insists it is not the return of qe. Shery later in Bloomberg Technology global link, how washingtons latest salvo against chinese tech is the most lethal threat to beijings ai ambitions. Lets get you started with a quick check of the markets. U. S. Future slightly higher at the moment. This after the s p 500 fell for a second consecutive session, down 1. 6 . The dow also lost more than 300 point. Semiconductors taking the biggest hit. They fell the most in about six weeks. Weve had potential retaliation coming from china after the u. S. Blacklisted its tech firms. It was really another rush to safety. We had a treasury rally that sent the 10 year yield towards 1. 5 , the lowest in a month. Haven currencies rallying such as the swiss franc and japanese yen. We have the tech firms taking the biggest hit as well with the nasdaq falling 1. 7 . Lets see how things are shaping up for the asian market. S
Appetite for treasuries. Jay powell insists it is not the return of qe. Tension sores in the middle east. Turkey says its forces will move into syria at any moment. Shery lets get you started with a check of the markets. U. S. Futures under pressure, fell. 1 after the s p 500 for two consecutive sessions. Semiconductors taking the biggest hit, they fell the most in about six weeks. We have trade headlines sparking concern about tensions intensifying between the u. S. And china. That is upsetting some of the comments coming from fed chair powell, who left the door open for rate cuts. The dow lost more than 300 points while the nasdaq fell 1. 7 . Lets see how we are setting up in asia. Sophie australian markets have lower, asx 200 opening snapping a threeday gain. Bhp shares among the biggest laggards. Studyssie dollar trading after overnight gyrations on the trade brinkmanship. Confidence numbers for october are due in a halfhour. Nikkei futures pointing to a lackluster start. South kor
Is ready for a long political battle. Host hong kong drops its bid for the lse. It is too challenging of a deal to pull off. The brexit outlook remains murky at best. We are nimble. We are in limbo, and that is not a good thing. Host they discussed the british divorce from europe. If i am right, the u. K. Will come back and rejoin the european union. Host jay powell says the fed is planning to expand its Balance Sheet. They came out and said we are doing this, be prepared. Host and an exclusive conversation with Robert Kaplan shedding more light on Monetary Policy. This cutting we are doing should be limited, restrained, and modest. Host it is all straight ahead on bloomberg best. Hello and welcome, i am nejra cehic and this is bloomberg best. Your weekly review of the most important Business News, analysis and interviews around the world. Let us start with a day by day look at the top headlines. With the u. S. And china set to talk trade in washington this week, investors were optimis