We are seeing a little bit of we will speak about all of this in a few moments. Tesla, one of the lowest today, down, and we have a couple of analyst notes that we want to get to. It is a mixtape for them generally. We are coming to the end of the year, so lets just kind of that to one side for the moment. We are seeing some real ,teepening, 14 months highs youre seeing it here in the United States and in the bund curve as well. We are now only at 18 basis points here in europe for the bund, so it is some real curve steepening. It has to be put to one side that we have this volume. That is significant, nonetheless. Again, we saw some positive comments coming out of the trade commission out of russells. Equity markets down by 6 10 of 1 , but what a crack in cracking year. So far we are not seeing any spikes or anything that might be a concern for investors at least at immediately. Isning us for the latest michael mckee. Does this mean all is where in the treasury market . Michael we hav
Half of next year. Time for todays global exchange. From dubai to frankfurt, to brussels to london, to Rio De Janeiro and princeton, new jersey, our bloomberg voices are on the ground with this mornings top stories. In turkey, the lira is gaining against the dollar following a 200 basis point cut. Joining me with more from dubai is paul wallace, bloomberg emerging markets reporter. Is this going to be enough president erdogan . Paul that is a key question. The lira has barely budged despite that 200 basis points cut being more than markets expected. Analysts were expect and about 150 basis points. The lira has had to endure a lot in the last six months. Erdogan has sacked his central bank governor. Since then, the new one has overseen a whopping 1200 basis points of rate cuts. Amazingly, despite all of that, the lira is actually up against the dollar since the end of june. We will have to see what erdogan thinks of this latest move to see whether he is satisfied that it is enough, or w
The hard earned dollars. This is facebook could facebook be broken up by government shares down on the threat of government action. All that ahead but beginning with the headline sending stocks to new records. The United States and mcagreed in principle to phase 1 of a trade deal Kayla Tausche live at the white house all day. Breaking news all day long and joining us now with the late breaking details kayla. Waiting official word from the white house and the u. S. Trade representative on a limited agreement between the u. S. And china that would see tariffs on sunday delayed or cancelled and would potentially roll back some earlier tariffs or cut the tariff levels from previous rounds. The wall street journal and bloomberg both reporting that President Trump has signed off on this agreement that was presented to him by miss top trade and economic advisers earlier today. The meeting that the president held was for roughly an hour in the oval office. And at one point he was joined by ceo
Lets look at these markets and our into the european trading day. Stoxx 600 in europe up by. 1 . And even start to the trading day. Evenly divided winners and losers on the European Equity markets. Lacking any direction. Into the u. S. , also lacking direction. We have seen a little bit above the flatline. Not getting a great bicker great bit of direction. A big focus on Central Banks and a u. S. And a focus on u. S. Policy. Titians, ay trade tensions, that coming up. Wrist bank leaves behind five years riksbank leaves behind five years. Is now what we are showing you. We were showing you the norwegian krone. Not to be confused with the riksbank. Bank, we scroll back to what they did there. That was as expected. See a to this picture, we number of Central Banks leaving policy unchanged. They were treated for negative Interest Rate hiking. They were moving in their own direction moving against the cutting cycle for many previous months. We continue to do that. Lets get a new lets get an
Negative year in five years. Plus, new highs in striking distance stocks set for what would be a muted open after another round of wall street records. And the shipping wars, amazon blocking sellers from using fedex ground for prime fedex does report tonight after the bell lets kick off with boeing, though now on track for four straight declines the Company Confirming it will suspend production of the max beginning in january as regulators make it clear they will take their time in approving the jets return to service. Boeing says the decision is driven by a number of factors including the extension of certification into next year southwest, jim, is delaying return until april now thats the second delay in two months. They cant get this right and throughout this, the thing that people talk about, speak to large Money Managers look i do, we cant move the move this to 400 this thing gets through, we cant. Well stand there and buy the stock. Not going to let it go under 300. We want every