With. Everybody wants to sing come kumbaya and wants to hear that melody floating through. Julia and we recap another wild week of earnings reports. It is not turbulent. We are very stable. There is an absolutely an opportunity to drive through. Julia it is all ahead on bloomberg best. Julia hello, and welcome. I am julia chatterley. This is bloomberg best. Your weekly review of weekly analysis from Bloomberg Television around the world. The week began with Important News from oil global markets. Saudi arabia and russia signaled oil cuts are likely to continue. He is going to head straight to beijing where the saudi a a oil minister is speaking. Lets take a listen. We have come to the conclusion that the agreement needs to be extended. We will not reach the desired inventory level by the end of june. And therefore, we also came to the conclusion that ending will probably be better at the end of the First Quarter of 2018. With the same volume allocations that were included in the decemb
With. Everybody wants to sing come kumbaya and wants to hear that melody floating through. Julia and we recap another wild week of earnings reports. It is not turbulent. We are very stable. There is an absolutely an opportunity to drive through. Julia it is all ahead on bloomberg best. Julia hello, and welcome. I am julia chatterley. This is bloomberg best. Your weekly review of weekly analysis from Bloomberg Television around the world. The week began with Important News from oil global markets. Saudi arabia and russia signaled oil cuts are likely to continue. He is going to head straight to beijing where the saudi a a oil minister is speaking. Lets take a listen. We have come to the conclusion that the agreement needs to be extended. We will not reach the desired inventory level by the end of june. And therefore, we also came to the conclusion that ending will probably be better at the end of the First Quarter of 2018. With the same volume allocations that were included in the decemb
Write down the value of u. S. And uk projects by nearly 800 million swedish crowns good morning happy friday you are looking at live pictures of paris where president macron has just arrived for bastille Day Celebrations he is hosting donald trump for the event which also marks 100 years since the arrival of american troops who fought alongside the french during world war i. In the meantime lets show you also what is happening with european stock markets equally sunny this morning stoxx 600 index up by 5 0. 1 . A quiet i said end to a week ths very strong. Lets look one by one. Ext you can see not a whole lot of action when it comes to the sectors, what were seeing is this Health Care House of goods chemicals outperforming, construction down by a third of 1 and that is a factor that well talk about more in the show. President trump says the u. S. Economy can grow at 3 per year. Janet yellen says that it will be challenging the fed chair was asked about the administrations ambitious gro
Develop quite nicely in Second Quarter have been helped by nice weather in europe indeed and the time for talk is over u. S. Calls on china to impose sanctions on north korea as President Trump and the japanese Prime Minister shinzo abe agree on action after the latest missile test good morning, everyone, brand new edition of street signs. It is monday, final trading day of july. Fairly positive start here doing well on the manufacturing data coming out of china show you what the european markets are doing. Ftse 100 up. 4 after dax is higher. Lets come back to the sectors i mentioned minors, theyre doing very well among top formers following Australian Shares and manufacturing data. Stable under lying growth despite coming in under expectations basic resources up by 1. 3 banks are doing pretty well this morning. Look at that sector. Up by. 05 beating expectations europes biggest bank announced 2 billion Share Buy Back. Third move in a year should be completed before 2017 and will take
Refusing to work with republicans to bring real relief to american taxpayers. What is next for tax reform . We are on it for you. President trump unveiling a new Immigration Reform bill. Aimed at awarding green cards based on merit. He promise this is will save taxpayers billions of dollars while protecting american jobs. So will this get bipartisan support . We are going to debate that story as well. First, want to go to our own adam shapiro standing by at the white house for latest on tax reform and where everybody stands. Adam, good to see you. Good to see you, cheryl. Tax reform is front and center although so much is boeing on today here on the white house. On capitol hill, focus is tax reform here on the white house of the part of the president s overall agenda. This morning, mick mulvaney, director of office of management and budget, was pushing the need for tax reform. He was saying as we heard from Mitch Mcconnell yesterday, owe does not expect this to be a bipartisan effort.