A big week is ahead on economic data. Coming up at 10 a. M. Eastern time, construction spending, tuesday, u. S. Markets will be closed for the fourth of july. Then wednesday at 2 p. M. We get the fomc minutes from their june meeting and thursday at 815 in the morning eastern time it is employment data. That is ahead of the jobs report in the United States. Forecasts,for data will be out on friday. Leadersfriday, the g20 will be meeting in hamburg. At the top of the agenda will be havingith Angela Merkel a premeeting with President Trump on the eve of the summit. She is urging everyone to seek a winwin as she puts it. With us is Bloomberg International economic and policy correspondent mike mckee. What are the chances . Low. As long as they can play to a draw, maybe they would be happy. They will have an enormous amount of problems there. It is not just the agenda. A big problem obviously because of the United States and what has been going on. It is not just the u. S. Take a look at th
The monday session could stocks are rising after falling. These currencies are falling against the dollar with yields rising in greece and portugal, and switzerland. Manufacturing expanded the strongest pace in over six years. Factories across the region taking on more workers to deal with surging orders. Growth rates improving in most of countries including france and italy. Signaling expansion since the last time in 2015. Signaling that the recovery in the eurozone a strengthening after years of subdued activity and muted inflation. Bring on the next ecb meeting. German 10 years inching higher, up 48 basis points, levels we have not seen since march yieldsng the big in from those hawkish comments from draghi. All the volatility, that included what is being called a for sigma move four do sigma being called a four sigma move. Some traders are getting excited about bonds. Star beforeft their inflation between the 2 target. Mark says went 10 year yields did break higher, the moves were
Not membership in the e. U. David a ceo with monte dei paschi with the latest plans to save his bank. There is clarity and transparency now. David and half of 2017 is in the books, what is the playbook for the second half . Liquidity continues to be the main driver of markets around the world. There is inherent momentum in the u. S. Economy. Lookst credit markets pretty expensive. I do not know how you are supposed to trade in nuclear war. I am not sure i would know how to do that. David it is all straight ahead. Bloomberg best, hello and welcome. I am david westin. This is bloomberg best, your weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. Geopolitical tensions set the dominant tone this week leading up to the g20 meeting on friday, but the week began on a hopeful note for investors with the opening of a new bond link to mainland china. The longawaited bond connect between china and hong kong has gone live, it is
Not membership in the e. U. David a ceo with monte dei paschi with the latest plans to save his bank. There is clarity and transparency now. David and half of 2017 is in the books, what is the playbook for the second half . Liquidity continues to be the main driver of markets around the world. There is inherent momentum in the u. S. Economy. Lookst credit markets pretty expensive. I do not know how you are supposed to trade in nuclear war. I am not sure i would know how to do that. David it is all straight ahead. Bloomberg best, hello and welcome. I am david westin. This is bloomberg best, your weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. Geopolitical tensions set the dominant tone this week leading up to the g20 meeting on friday, but the week began on a hopeful note for investors with the opening of a new bond link to mainland china. The longawaited bond connect between china and hong kong has gone live, it is
Not membership in the e. U. David a ceo with monte dei paschi with the latest plans to save his bank. There is clarity and transparency now. David and half of 2017 is in the books, what is the playbook for the second half . Liquidity continues to be the main driver of markets around the world. There is inherent momentum in the u. S. Economy. Lookst credit markets pretty expensive. I do not know how you are supposed to trade in nuclear war. I am not sure i would know how to do that. David it is all straight ahead. Bloomberg best, hello and welcome. I am david westin. This is bloomberg best, your weekly review of the most important Business News, analysis, and interviews from Bloomberg Television around the world. Geopolitical tensions set the dominant tone this week leading up to the g20 meeting on friday, but the week began on a hopeful note for investors with the opening of a new bond link to mainland china. The longawaited bond connect between china and hong kong has gone live, it is