I am Francine Lacqua in london. And little optimism seems to be fading away. We have the 600 opening unchanged. A lot of focus is on the economy. We had a little macro risk out there for now but they seem to be in check. We are getting euro area september manufacturing pmi, 45. 7 is a touch above estimates. We expected a 45. 6. It is below 50, but 0. 1 percentage point higher. The u. S. 10 year yield at 1. 72. Coming up, we speak to david herro on the fallout from the Credit Suisse scandal. That interview at 10 30 a. M. London time. Herros is the biggest shareholder for Credit Suisse. A jinping has kicked off massive military parade to mark 70 years of communist rule and pledged complete National Unity as democracy protesters rally in hong kong. Lets go to hong kong with Stephen Engle. What is the latest . Stephen tens of thousands of protesters are defying a police fromand they are marching the eastern part of Hong Kong Island to central and beyond, perhaps even as far as the Liaison
Why did the president veto those resolutions . Niels the president believed that this is generally speaking an undue interference by congress in his conduct of Foreign Policy. Also believes that the arms sales himself, specifically, are vital for national interests, particularly regarding u. S. Saudi relations and security in the middle east, and in the persian gulf. The vetoes were to be expected, but the congress has been on a bipartisan basis, frustrated with the president and his administrations handling of relations with saudi arabia. Involvement in the support of the saudiled campaign in yemen. And it was it sort of a debate that we know the way this is going to end with these beingtion, the veto sustained, but it is an exercise that members of both parties wanted to go through. We mention it as part of a busy week in the senate or your rollcall headline reflecting that. The headline sayin,g next week the senate will consider a budget deal, confirm judges, and two senior official
Markets, where we see a fourth week of gains. U. S. Futures point to a third day of losses, and that is what we are seeing in u. S. Equities. It, butear dipped below safe havens are clearly big, the yen, treasuries, gold on a tear. Markets areof these being reflected across assets. The dollar is steady after a few days of losses. Coming up, we will speak to the hsbc ceo exclusively, one of a range of top interviews from our emerging and Frontier Forum today. Lets get the first word news. President donald trump imposing sanctions on irans Supreme Leader, the ayatollah, who says the penalties would deny him access to financial control resources. Trump claiming that the Supreme Leader is ultimately responsible for the hostile conduct of the regime. Tehran says this means the diplomatic path is closed forever. The president has held the door open to real negotiations, to completely and verifiably eliminate irans new your weapons program, its pursuit of Ballistic Missile delivery systems, i
Nejra chinese tech giant huawei stays in the news and remains under a microscope. And Paul Tudor Jones saying investors should worry about tariffs, he just doesnt know how much. We have not seen tariffs since 1929, 1930. There is no playbook for this. Nejra and the governor of the bank of japan speaks exclusively with bloomberg about trade challenges. We all hope that trade tensions will vanish. We may combine various monetary tools. Nejra its all straight ahead on bloomberg best. Hello and welcome. Im nejra cehic. This is bloomberg best, your weekly review of the most important Business News and , analysis, and interviews from around the world. Lets start with a day by day look at the top headlines. Global markets breathed a sigh of relief on monday after President Trump announced he would not impose a set of threatened tariffs on mexico. Mexico has won a reprieve after donald trump indefinitely suspended his plans for tariffs. Trump has also vowed mexico would soon make large agricul
Learning. Thank you. Really to share as you. Thank thank you so much for being with us this afternoon. And it is such a delight for me to be able to talk with my colleague and very good friend phil rucker and i am going to start out by telling you a story about phil rucker and i am going to tell this story and so why isnt phil telling this story . Because hes too much of a gentleman to tell this story because it makes me look really bad. Election night 2016. Phil had been out with trump quite a bit and he kept saying, you know, somethings going on out there. And i had written a story over the weekend saying, well, theres this little tiny eye of a needle that donald trump could get through. You know, michigan and parts of it. But i didnt really believe it. So its Election Night. I am supposed to be writing the lead off for the Washington Post. The next day. It is 830 a Election Night and i am 80 inches. Its into america elect its first woman president. So phil shows up at my office and