No confidence blow delaying the blow for early elections and a calmer day in hong kong the airport reopens after Police Clashed with riot protests late in the night good morning. One of the big stories this morning, the Trump Administration overnight has announced a surprise delay to the implementation of new tariffs on chinese impoexports i december 16th. But tariffs on meat, watches, flat screen tvs will go ahead on the 1st of September Robert lighthizer says his office will exempt other unspecified products that relate to health, safety and National Security concerns. On the back of that, we saw a big bounce in wall street. That continued into the asian session. The mood in europe is not so pretty with most majors trading in negative territory. Overnight, in addition to the news about the tariffs being postponed until december, we had weak data coming out of china. That is affecting some sentiment in europe, even before we got that Second Quarter gdp printout of germany all eyes on
David he thinks he is bringing in reinforcement in the fed. We will talk you about that in a few moments. Meantime in brussels, where reporting over the rankling over the leadership. We got the nominations you predicted. What comes next . Maria we have the nominations in place. This will have to be put to a vote for the European Parliament. We know the nominee for the next Commission President , ursula von der leyen is someone not many outside of brussels or germany would know who this is an she did not participate in the european elections. That could be a problem. The point of the european elections was to bring more democracy into the institutions. This was another backdoor deal done in the early hours. We know parliament could see scrutiny but the convention here is that political leaders in the eu would not what this to a vote if they were not sure this would clear. There will be pushed back and criticism but the idea is ultimately she should be approved in about two weeks. David
460, seven basis point move and bitcoin barreling past 67,000. We are too thousand dollars away from the new record high. But as talk about some midday movers, we have some green and red on the screen and we are watching shares of american and boeing after the Airlines Announced plans to buy planes from boeing and airbus and emperor air. American airlines down 3. 5 and boeing up less than. 5 . More on the airlines and a lot of news here, jetblue and spirit edit plans to merge following antitrust concerns here. They are making it official, jetblue up 2. 6 the spirit extending its decline more than 30 present on the day. Jetblue had hoped that the 3. 8 billion dollar deal would boost growth at a time when both are in short supply of planes and pilots. We talk about that later in the show. Shares are continuing to decline. It has eclipsed saudi aramco making at the Third Largest company in the world. Esler shares are slower after shipments from its factory in shanghai plunged yearoveryear
Weve had this year and were leaving this here to honor our over 40year commitment of live gaveltogavel coverage of congress. House lawmakers are coming back in for more member speeches. They will consider a measure to impose sanctions of chinese producers of synthetic opioid. House leaders are hoping to finish Appropriations Bills for military and construction projects. As always, live coverage of the house on cspan. Pursuan t to clause 8 rule 20 the chair will postponequestions on which a recorded vote of the yeas and nays are ordered or votes objected to under clause 6 of rule 20. The house will resume proceedings on postponement questions at a later time. For what purpose does the gentleman from kentucky seek recognition . I move the house suspend the rules and pass the bill h. R. 1684 as amended. The speaker pro tempore the clerk will report the title of the bill. H. R. 1684 a bill to require the secretary of state to submit an annual report to Congress Regarding the ties between c
Weve had this year and were leaving this here to honor our over 40year commitment of live gaveltogavel coverage of congress. House lawmakers are coming back in for more member speeches. They will consider a measure to impose sanctions of chinese producers of synthetic opioid. House leaders are hoping to finish Appropriations Bills for military and construction projects. As always, live coverage of the house on cspan. Pursuan t to clause 8 rule 20 the chair will postponequestions on which a recorded vote of the yeas and nays are ordered or votes objected to under clause 6 of rule 20. The house will resume proceedings on postponement questions at a later time. For what purpose does the gentleman from kentucky seek recognition . I move the house suspend the rules and pass the bill h. R. 1684 as amended. The speaker pro tempore the clerk will report the title of the bill. H. R. 1684 a bill to require the secretary of state to submit an annual report to Congress Regarding the ties between c