Yuan strengthening, below seven for the first time in a couple of months. I thought i would point out, uber down 7 even though analysts were quite happy with the results. Guy european stocks ticking higher on the back of that ism data out of the United States. We are now at 404 on the stock 600. The euro is trading a little softer. Interesting to see how far european equities have come. The South African rand continuing to make gains. Vonnie and shanghai, president xis intake president xi reaffirming that his country would open itself up to trade even further. Pres. Xi in order to boost growth at home and create more chinaor global growth, will give greater importance to import. We will continue to lower tariffs and institutional transaction costs. Vonnie we are joined now by bloombergs selina wang in shanghai. Who was xi addressing with this speech . Heard, xi isu reiterating his commitment to reform and opening the economy. You didnt even hear him directly address the United States o
Vote for a cut now. Host another cluster of Companies Bring out earnings reports. They are going to write down wework that severely. We can adjust our set up to manage the situation. Everyone is getting a little more scared by the quarter. Sebastian the ceo of Goldman Sachs speaks exclusively to bloomberg. When we look back on negative rates, it is not going to look like a great experiment. Sebastian the current state of u. S. Monetary policy. I would say that policy is not that far off neutral. It is accommodative. We are slightly accommodative. I worry about the policy space we have. Sebastian that is all straight ahead on bloomberg best. Sebastian hello and welcome. This is bloomberg best, your weekly review of the most important Business News, analysis and interviews from Bloomberg Television around the world. Lets start with a look at the top headlines. Sunday, saudi aramco announced plans for an initial public offering. On monday, there was speculation about the valuation of the
They say they need more time to evaluate sweeping changes affecting the brokerage industry. President trump urged voters in kentucky to reelect the republican governor today. He says it would send a message to House Democrats conducting an impeachment inquiry. Governors races in mississippi and louisiana are also seeing as a test of the president popularity, so our state legislator races in virginia. Global news 24 hours a day, onair, and tictoc on twitter, powered by more than 2700 journalists and analysts in over 120 countries. Im Mark Crumpton. This is bloomberg. Shery live from bloomberg World Headquarters in new york, im shery ahn. Amanda live in toronto, im amanda lang. Welcome to bloomberg markets. Top storiesare the we are following from around the world. Deepens bonds selloff thanks to optimism over a potential removal of u. S. Tariffs on chinese goods, denting appetites for haven assets. Curbing huawei. My conversation with sec chairman ajit pai unwanted want to Ban Companies
And thank you for transcribing all that were doing. And thank you to cspan for covering us. Without objection, all members will have five legislative days within which to submit additional written questions. Just a few moments left in this testimony. Well go live now to capitol hill for a Senate Subcommittee hearing on data breaches and cybersecurity. Among the witnesses is the Vice President for microsoft. This is live coverage on cspan3. For two invited witnesses who apparently dont share your commitment to discussing this issues. One is for tiktok. If you dont know what tiktok is, you should. Its a chineseowned social media platform so popular among teens that Mark Zuckerberg is reportedly spooked. For facebook, the fear is lost social media market share. For the rest of us, the fear is somewhat different. A company compromised by the Chinese Communist party knows where your children are, knows what they look like, what their voices sound like, what theyre watching, and what they sh
Investors question the path to of things. Profitability. Sidelines, a step toward and, many state and local elections are taking place the Company Generating some cash tuesday. In our electioneering series, we. Low examine free speech versus falsehoods when it comes to political ads. Competition at this it is pitting facebook against twitter. On tuesday tanked point . Rohit i would take the other after failing to prove itself to wall street. Side. While the ridehailing app is there is nothing like the peloton bike on the market with projecting profitability by 2021, it did just not seem to be butintegrated ecosystem, enough. Shares hitting a record intraday loss. An more, i want to bring in when you look at consumers, mkm partners executive director. Thinking, can i work out today, where am i willing to spend walk me through the share price action tuesday. What is your take . 100, 150 per month and what can i do . Thank you for having me. There are a lot of connected was,nk that what u