Tom good morning, everyone. An exceptionally busy day here at bloomberg surveillance. Lots to talk about on the news front. Stimulus in washington or nonstimulus, the breaking news on china, and markets as well. The dollar moments ago breaks down to new week this of dxy new weakness of dxy. An ever weaker dollar index. That will be one of our themes across the hour. Our Kevin Cirilli reports a deeply divided reports on deeply divided republicans, and there are fire trucks in houston. Jonathan they are united on one thing in washington, and it is china. The consulate in houston shutting down after the u. S. Demand. We have looking up 70 times to that headline woken up so many times to that headline, so we have woken up so many times to that headline, u. S. China tensions. Gold, 1863 note an ounce. On a weekly basis, gold has had a record high. Go to the dynamics you have seen in highyield and ig. Lisa if you take a look at highyield bond spreads today, you can see to have shrunk dramati
Canada trade deal. And then know celebration, just more frustration after senator mcconnell announced there will be no vote on the landmark trade agreement, saying the senate will take it up after the impeachment trial. Well not be doing usmc sarks between now and the end of next week. That will have to come up in all likelihood right after the trial is finished in the senate. Lou what can you say. The house announcing two charges against President Trump. One for abuse of power. The other for obstruction of justice. Both charges appear to any reasonable person at least as weak, meaningless, a massive waste of time and taxpayer money. President trump provided this reaction on the white house south lawn. The democrats couldnt find have much because they put up two articles that frankly are very weak. Also they approved today of all days, we have been waiting a year. They approved the usmca. I call that the Silver Lining to impeachment. The impeachment is the reason they approved it and t
Canada trade deal. And then know celebration, just more frustration after senator mcconnell announced there will be no vote on the landmark trade agreement, saying the senate will take it up after the impeachment trial. Well not be doing usmc sarks between now and the end of next week. That will have to come up in all likelihood right after the trial is finished in the senate. Lou what can you say. The house announcing two charges against President Trump. One for abuse of power. The other for obstruction of justice. Both charges appear to any reasonable person at least as weak, meaningless, a massive waste of time and taxpayer money. President trump provided this reaction on the white house south lawn. The democrats couldnt find have much because they put up two articles that frankly are very weak. Also they approved today of all days, we have been waiting a year. They approved the usmca. I call that the Silver Lining to impeachment. The impeachment is the reason they approved it and t
Canada trade deal. And then know celebration, just more frustration after senator mcconnell announced there will be no vote on the landmark trade agreement, saying the senate will take it up after the impeachment trial. Well not be doing usmc sarks between now and the end of next week. That will have to come up in all likelihood right after the trial is finished in the senate. Lou what can you say. The house announcing two charges against President Trump. One for abuse of power. The other for obstruction of justice. Both charges appear to any reasonable person at least as weak, meaningless, a massive waste of time and taxpayer money. President trump provided this reaction on the white house south lawn. The democrats couldnt find have much because they put up two articles that frankly are very weak. Also they approved today of all days, we have been waiting a year. They approved the usmca. I call that the Silver Lining to impeachment. The impeachment is the reason they approved it and t
We start with brexit because while Prime Minister Boris Johnson is working out how he will sell his new brexit deal to Parliament Businesses are weighing up how it could affect future trade between britain and the eu for decades to come thats if the deal gets approved. Mrjohnson has written an open letter to businesses trying to reassure them. It says the deal is the basis for a new relationship with the eu based on free trade and friendly cooperation. In the political declaration the two sides have agreed to aim for a trade deal with no tariffs, fees, charges or quantitative restrictions in other words, avoiding limits on the amount of goods. They have also pledged to ensure a level Playing Field for businesses. This could mean the uk abiding by many eu rules a big concession from the uk side. So what might that mean . The declaration promises both sides will uphold current common high standards on business rules on state aid and fair competiton, as well as employment, the environment