Announced a 21000000000. 00 liquefied natural gas project in the arctic the pipelines are expected to be completed by a 2025 and is seen as an important part of russias plans for Market Expansion into asia the privately run will run. Majority with frances total 2 Chinese Companies and one japanese from owning and remained. Bring in financial correspondent at the Frankfurt Stock Exchange what else do we know so far about this project. Well the exports are supposed to start by 2023 the project entails among others developing the gas field of course as a prerequisite and then also building right on the spot on the guy down poland and instill in the arctic a plan for liquefying the gas to make a exportable and the russians are aiming to increase their stake in the world market considerably and this will be one tool one step in that direction and last year they had about 8 percent of the surface market in there aiming for 20 percent by the year 2035 and certainly with partners from from ind
The hardships under the Communications Blackout plate even when things are being plussed. The best is produced called traditional painters the fight to save their dying fall can they win the battle against moscow produced. By british welcome to. Its good to have you with us the fight for democracy in hong kong is going regional less than a 2 off light away in taiwan it is being viewed as a test of the one country 2 systems principle its the arrangement china has in hong kong and believes it could be applied to taiwan which it views as a break every province i know this week in taiwan hong kong. Activist joshua wong said this principle had collapsed a significant comment ahead of october the 1st which will be the 70th anniversary of the founding of the peoples republic of china what we hope. People october where one country. Weve. Got hong kong. And hong kong to fight. Where we are aware of the. Hong kong. And that sort of diversity has already been on display on this island in june mos
Stocks are rocketing higher u. S. And china are returning to the table for a new trade talk s p 500 is less than 2 away from new all time high is everything awesome again, guys hi. That song is annoying. I got annoyed we danced to that it is your ringer steve and i it was a great day. Any who coo coo for cocoa puffs remember that . I think pete may have talked about it is the fact that the chinese tweeted this and it was not president trump. So maybe that changes the tune a little bit i think we are far away from the deal with that said, we do this thing at the plasma. I am not pretending it is bullish. Sometimes you can trade things within the framework of the market and last week, market in the the holiday and the market should rally you have seen the banks rallied. I still think we go lower and the vix is going to trade north around 30. I think thatll be the bottom of the s p 500. I wish i can tell you when but we are closer to it today. Remember what we said last week of all your p
Heading towards louisiana. Not pictures we want to see. David and it can really affect oil prices. A lot of facilities are closing, offshore platforms, and it oath course will reflect refineries. Alix we see people taking taking boatspeople down streets. Meanwhile, we have near record highs on u. S. Equities, trying to push higher to get back to those highs for the nasdaq. Euro gaining just a touch versus the dollar. 30 year yields unchanged after yesterdays really violent session, a real increase after a bad option. Crude prices climbing a bit on the storm and geopolitical tension. David it is time now for the mooring brief. Eastern,his morning ford and volkswagen will announce details on their big on electric and on most vehicles. On00 we get u. S. Ppi Autonomous Vehicles. At 11 00 we get u. S. Ppi data. Angela merkel joins Emmanuel Macron in paris. And we get important economic from china, including gdp growth. Now we are joined by rachel evans, who heads bloombergs etf coverage, an
What we had seen with the weakness last month. Overnight in asia, the nikkei actually was down almost 1 . The shanghai was up by a half percent. In europe you will see the dax is flat. So is the ftse cac is up. There are green arrows across the complex of stocks. The treasury markets this morning will be closely watched. The tenyear at this point is yielding above 2 . We want to start with some developing news. The New York Times reporting that President Trump approved military strikes on targets in iran that would be in retaliation for shooting down a surveillance drone but the mission was called off at the last minute eamon javers joins us in washington, d. C. With the latest good morning. The New York Times and the Washington Post are reporting that the president authorized these air strikes last night but backed off at some point subsequent to having authorized it the New York Times is reporting that the mission was under way. There were planes in the air, but missiles had not been