Subside but mexicos nominee for the World Trade Organization leader tells cnbc a key kpo component has been lost. The basis of cooperation and trust. This trust has been lost completely the second night of the Republican Convention defies tradition with secretary of state mike pompeo from overseas. Delivering on this. This president has led bold initiatives in nearly every corner of the world. A warm welcome to street signs, everybody. Lets get in to the latest weather developments in the United States. The National Hurricane center has upgraded laura to a category 2 with maximum sustained winds of 155 miles an hour and is likely to produce a storm surge and should be a category 3 before landing on shore tonight. Producers prepare for the biggest threat to the Energy Industry in 15 years lets look at how oil is trading. No massive moves we have seen a jump higher in oil price. Wti and brent have been trailing higher lets turn to jay gray who filed this report from lake charles, louisia
Added to studying the feasibility of a megamerger. Of helping understate a pay packet of carlos ghosn. We had a wave of dealmaking creating positive sentiment. We had a rebound from last week, one of the worst weeks for u. S. Stocks since march. Tech stocks taking a breather from the selloff. Asset futures trading modestly. Watchl continue to trading when it comes to japan. Potential takeover for Prime Minister the middle of next week, futures are looking flat after the yen starts to gain in the monday session. We will watch for details about the cabinet and what it means for policy continuity playing in two sentiment for the japanese markets. Dollaryen holding steady. Modest dollar weakness overnight. That is set to continue. At 37. 40. Trading opec joining a chorus of voices suggesting the era of oil demand is deteriorating. Demand forecast for each quarter as we continue to see shortselling in the oil market. To a series ofrn deals we have seen. Oracle is bidding for tiktok u. S. Op
Abramowicz and tom keene in new york. Good morning on Bloomberg Radio across the nation. Good morning on Bloomberg Television worldwide as well. Theferro, without question most mysterious jobs report ive ever witnessed. Jonathan we talked about the wide range all morning. Lets talk about it again. At the top, 2. 4 million. Thats the high estimate. Below, 100,000. The pace of the recovery is slowing. I wonder if we have seen more evident if we are seeing more evidence of that a little later this morning. Tom i thought of one of your good questions earlier, the idea of this shift to the new unemployed. Forget about furloughed. Forget about all of the other language. It is people terminated. Lisa people are becoming permanently laid off. Initially it was temporary. My question today is going to be is bad news good news, and is good news bad news . The idea that if we get a worse than expected report, we will get into this for some as we will get impetus for some kind of fiscal support we
Expelling a russian official for breaking the rules of diplomacy. To go to a to one of the morning here thats a wrap on kevin though it r t h q but with full roundup and now its time for me in the table smalling have a great tuesday. Kaiser this is kaiser report some of her solution thats right we talk about problems all year and then summer time we come up with all solutions that say were being joined by banker turned bitcoin entrepreneur simon dixon of banks the future long term friend of this show and as wave a bit of an introduction is book banks of the future came out roughly 10 years ago it actually predicted a major crisis in 2020 its almost clairvoyant and how that accurate that prediction was simon has also recently gone on record that he believes a Central Banks will go directly to people and bypass the banks with their money printing thats now being discussed in the highest circles of backing this is an amazing prediction that was made basically by simon hes the 1st hes the
Kaiser this is kaiser report some of her solution thats right we talk about problems all year and then summer time we come up with all solutions that say were being joined by banker turned bitcoin entrepreneur simon dixon of banks the future long term friend of this show and as wave a bit of an introduction is book banks of the future came out roughly 10 years ago it actually predicted a major crisis in 2020 is almost clairvoyant and how that accurate that prediction was simon is also recently gone on record that he believes a Central Banks will go directly to people and bypass the banks with their money printing thats now being discussed in the highest circles of backing this is an amazing prediction that was made recently by simon hes the 1st hes the best investment banker in bed calling encrypt oh so really a seminal character in the whole industry simon i want to get started 1st of all welcome thanks for having me no one gives an introduction like kaiser report thanks max well its