World. Our bloomberg voices are on the ground with this mornings top stories. We want to start in hong kong, where the chaos continues. Police and protesters clashed again after violent weekend standups. The Chinese Foreign Ministry Spokesman reiterated beijings support for the police force, calling the protesters extremely violent criminals. Precedent, you can see what is happening in hong kong right now is not a peaceful demonstration. It has turned into a violent protest against ordinary people led by a small group of extreme violent criminals. Alix joining me from hong kong is karen leigh. Walk us through the significance of what happened over the weekend in terms of escalation at the university. Anotherong kong had week of chaos after a week that has paralyzed part of the city. Carrie lam and other officials are urging protesters at the university to surrender, even as activists are calling for more rallies near the campus to support these demonstrators cured police and protesters
With the smallcap stocks. Joe em stocks up over 1 . Not a dramatic outperformance but they have been over performing for quite a while. Scarlet lets dive deeper into the action with our market reporters. Abigail, what are you watching . Abigail not participating in the risk on rally and record highs, bitcoin. 15 day chart, down 14 out of the last 15 days. However, today it appears as though bitcoin is maybe trying to stage a rally. Below 7000 as the technical side suggested for quite some time. Trying to hang on by a thread. This is a multiweek decline. In the context of a weekly chart. Over the past few years, a beautiful uptrend for the most part. ,here is the bitcoin bubble 20,000, then going below about 4000. Right now, hitting down over the past couple of years, right around 6400. If these levels can hold, maybe we see a brief bounce back higher. These levels suggest maybe we go down to that average below 5000. The longterm message is bullish for bitcoin. Nearterm chop. Taylor i w
We are going to bring you todays market moving news from all around the world, from london to brussels, istanbul and washington. Our bloomberg voices are on the ground with this mornings top stories. We want to begin in turkey. The country has agreed to tip a rarely halt its military offensive in northern syria, but it is not withdrawing its forces. The lifting of sanctions may come with a permanent ceasefire. Theence with implementation of a ceasefire, the United States will not impose any further sanctions on turkeys, and once a permanent ceasefire is in effect, the president has agreed to withdraw the economic sanctions that were imposed. Joins usimin demokan from istanbul. How does this play out over the next 24 hours . Simikin turkey is expecting the kurdish fighters to withdraw from the areas. President erdogan said he expects to create a safe zone once those kurdish militants have left the area, and the safe zone will be 444 kalama theres long. 444 kilometers we also expect turk
And that month. 1998, gdp growth was 6. 6 and payrolls were about 200 and 81,000. Growth not even 2 . Around 135 atng best. They will linger the possibility of additional easing. I think that will, the december meetings. David that explains why there wouldnt be a hard stop. You look the other way around, there is not a real reason to encourage more cuts either. They want to maintain the optionality around that decision. If we are in a slowing Global Growth environment and also u. S. Economic growth will top expectations, it is still decelerating relative to the first half of the year. They will likely need to take out additional insurance. As we see a hot streak in the data, we might be able to push that into the first part of next year. Given the number i have laid out for you on where we are on gdp, payrolls, fridays payroll report will not be particularly pretty. That will encourage the fed to provide a little more accommodation. The fed doesnt want to be stuck if we happen to tip i
Bond market in the u. S. , as well as in europe, particularly in germany. Time now for global exchange. We are going to bring you todays market moving news from all around the world, from hong , newto tokyo, to milan york and d. C. Chinese officials are casting doubt on a longterm trade agreement. Running the is enda curran. What did we learn overnight . Of just is a reminder how far both sides have to go before we reach any type of deeper, comprehensive trade agreement. The signals from beijing that our colleagues reported today are that china will want to see the u. S. Move on tariffs, to roll back tariffs and take away the threat of new tariffs. China has its own red lines around industrial and economic strategy, and theres a question of durability. Chinese officials are unsure how committed President Trump will be to any trade agreement. The signals seem to be that we are on track for some type of interim agreement, but the Bigger Picture hasnt changed. Both sides are dug in. Alix