The stoxx europe 600 pretty much flat. We did have a bit of a move on the u. S. 10 year yield, currently up 1. 82. We had renminbi, a little move actually that became a bigger move, strengthening past seven since the First Time Since august. S p futures gaining some 0. 2 . Ourng up, much more from exclusive conversation with the Goldman Sachs chief executive, David Solomon. He talked about negative rates, the industry, and of course, about trade. Lets get straight to the bloomberg first word news. U. S. Tariffs is what china wants before president xi signs a potential trade deal with president trump. Ft reportsafter the to grease the wheels for an agreement. Washington is reporting removing some tariffs on chinese imports. Now to the u. K. Election campaign. Prime minister Boris Johnson and Opposition Leader Jeremy Corbyn trading barbs. The house of commons elected its new speaker, mp lindsay oil. Hoyle. He was a member of the labour party but is now not affiliated with a party. Chinas
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
After they wondering if the cost of their spending is paying off. There have her spending their heavy spending is failing to buy a lot of that loyalty. The cost for each download has more than doubled. Compare that to venmo, which has a fairly highly engaged customer base. What that means, it is dragging down all the other things, visa, mastercard, American Express for example. Tencentrship over saying they are allowing visa cardholders to use their visa romaine time now for a look at card in china. What stories are trending across instead of having to rely on the bloomberg universe. Cash, they can use their visa terminal users are reading about the new mcdonalds ceo, who card. Doesnt hold a single share in i am taking a look at the restaurant chain. In may, he sold the entire stake shake shack shares, which are he had accumulated, almost floating today after an earnings 11,000 shares. Miss. 27,900 exercised about the Third Quarter missed expectations for store sales. Options and liqui
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
Deal keeps stocks near alltime highs. Treasury yields rising. Gold falling below 1500. Shery huawei still see sales growth despite the longrunning ban on u. S. Tech. We hear from the fcc. First, lets get you breaking news out of south korea. We are seeing a balance of payment. 7. 4urplus widening to trillion billion in the month of september. This is coming from the previous month when the surplus was at 5. 2 billion in the month of august. That was also two consecutive months of the surplus widening. We have five months of surplus now after the country posted its first deficit in seven years back in april. It has been under a lot of pressure. We have september exports falling 12 . Now we are seeing 11 months of contraction for those exports and south korea. , alsood balance number seeing the surplus widening to from 4. 7on, up billion in the previous month. Numbers out of south korea when it comes to those payments current account balance. Lets turn to the Australian Market that has c