Our country has lost stupidly, trillions of dollars with china over many years, theyve stolen our intellectual property at a rate of hundreds of billions of dollars a year and they want to continue and i wont let that happen. We dont need china, and frankly , would be far better off without them. The vast amounts of money made and stolen by china from the u. S. Year after year for decades will and must stop. Our Great American companies are hereby ordered to immediately start looking for an alternative to china, including bringing your Companies Home and making your products in the usa. I will be responding to chinas tariffs this afternoon. This is a great opportunity for the United States. Also, i am ordering all carriers , including fedex, amazon, ups, and the post office , to search for and refusal deliveries, of fentanyl from china, or anywhere else. Fentanyl kills 100,000 americans a year. President xi said this would stop. It didnt. Our economy because of our gains in the last tw
Flock police in hong kong fire several rounds of tear gas at activists trying to enforce a general strike by disrupting transport networks. Police say 22 people are risking their lives by refusing to leave homes which will be deluged if a failing dam in derbyshire collapses. England cricket fans anticipate a nerve racking day as their batsmen looked to save the first ashes test at edgbaston. Good morning. Welcome to bbc newsroom live. 20 hospitals in england stand to benefit from a pledge by the Prime Minister to pay for repairs and upgrades. Boris johnson has promised £850 million to help with upgrades to outdated facilities and to pay for new equipment. The money has been earmarked for 20 hospitals, including a new women and Childrens Hospital in cornwall, four new wards in norwich and a new critical and intensive care block in luton. The funding pledge comes during a week of Health Policy announcements by the government and is part of the pms £1. 8 billion one off cash boost for n
The white house says theres no chance of meeting halfway with china and beijing slams protesters acting like terrorists in hong kong as satellite images seem to show Chinese Forces massed new the border. Talk about wework and its race for an ultimate unicorn ipo. For now, lets get you started with a quick check of how markets closed. We saw the dow lose 800 points, the s p 500 think almost 3 . Sink almost 3 . Every sector almost in the red. We had the nasdaq also losing 3 . It was all of this anxiety over the economy really sending those stocks down. We also had some api data showing that crude stockpiles were rising so that did not help the price of oil. Its about haven demand. The 30year yield also fell yield ands record finished just below that point. U. S. Futures also under pressure, down. 2 , as we continue to see this economic recession fears really gripped the market. Sophie with those recession , the nikkeig large posting a loss of nearly 3 . Haven buying has the yen hovering
The white house says there is no chance of meeting halfway. Victim of the trade war, with lackluster sales. They are putting upgrades on hold. Lets get you started with a check of the markets, the dow falling on the s p 500 sinking almost 3 , every sector on the s p 500 in the red. Of course, the yield curve invert in briefly for the First Time Since 2007, recession fears again, giving some anxiety to investors. Wti continues to be under pressure after the u. S. Session losing almost all of the gains from yesterday that we had after we u. S. Tariffs delay, and had the yen, treasuries surging in the u. S. Session. Take a look at yields, because the 10year yield fell towards that 1. 5 level. We also had the yield curve inverting for the First Time Since 2007. That was a brief inversion in the morning session. Not here, but the 30year treasury yield also breaking a record low of 2. 09 . Futures are down 2 10 of 1 , so lets see how markets are shaping up in this very riskoff session. Braci
Declines. And the fed has two new nominees including judy shelton who has called on the federal bank to cut rates as soon as possible just to bring you some final composite pmi numbers for june across the eurozone, theyre in at 52. 2 against a flash number of 52. 1. Slightly higher than the may number, 51. 8 that flash pointed to a strong expansion in the private sector of the previous six months weve seen that upward trend as services hit a high. Back in may, they were 52. 9 and 53. 4 in the flash for june they have come in slightly higher than the flash. The june final services new export businesses pmi at 59. 4, higher than the flash of 48. 9, not significantly better than the may final. Nearly back up to another 50 mark the the euro dollar is slightly weaker on that news we can see if you look at the european markets generally, you see a relatively positive day. Trading more then a half percent higher now if you look at the individual markets, you can see where that is coming from