Long as is necessary the japanese have said they will the europeans the english you know the Federal Reserve i mean this is madness were all going to pay a horrible price some day but in the meantime theres a lot of fun for a lot of people. And while the trade deal provided some measure relief there werent any positive surprises for the market it only provided a psychological relief for the market temporarily calming the volatility in asia however the nikkei and flat the shanghai composite fell half a percent and in the all his press interview he did not characterize this as a quote groundbreaking move moment instead he summed it up as to what weve been saying all along it help to alleviate the current tensions in trade friction and eliminate market uncertainty it is to stabilize expectations and enhance confidence over in europe and also didnt react to President Trump self promotion the dax and the footsie traded down and the cac was virtually unchanged likewise the us markets continu
This is the must broadcasting around the world and covering all aspects of business and how it affects you im christiane and im british born washington here that we have on deck today u. S. Markets are surging following the signing of the phase one trade deal between the United States and china the water markets around the globe are reacting and what can we expect in the markets as we approach to negotiators to do walking the Simpler Trading is on hand to dig into the details. Of just some new developments in the feds a sector as a Major Players are making moves in the field bring you up to speed with our analysis of the Welcome International magazine for attorney Myles Edwards to give us the love on the regulations and in the face we have so much to get to the lets get to it. While the m. S. C. I. World and next and the u. S. Markets are at record highs following the signing of the face. One trade deal between china and the us most analysts do not attribute the rally to this much ado
In the world corrupted you need to descend. To join us in the depths. For a mate in the shallowness. This is catching a round the world and covering all aspects of business and how it affects you im christiane and im british born washington heres what we have on deck today as u. S. Markets are surging following the signing of the phase one trade deal between the United States and china the water markets around the globe are reacting and what can we expect in the market as we approach phase 2 negotiators to do walk into. Were trading is all here to dig into the details. On new developments in the sector as a Major Players are making moves in the field bringing up to speed with our analysis we Welcome International bankers returning miles give us an outlook on the regulations of the space we have done much to get to the lets get to it. While the m. S. C. I. World and next and the u. S. Markets are at record highs following the signing of the phase one trade deal between china and the us
Businessweeks editorinchief, joel weber. We begin with jay powell. Joel take something complicated and simple it down. The cover is an expression of that this week. Jay powell, fed chair, probably the most important person in the world of finance. The Financial Institution that is probably the most important anywhere in the world and for a year now, hes been the target of trumps friend are ire, because trump wants lower rates, lower rates, and jay powell has basically been a stoic figure through all of that. Anol we believe this is independent organization and for the first time, we are wondering is it going to remain independent . And can they continue to fend off the executive branchs desire for lower rates . We will see what happens this next week with rate cuts. The market basically thinks there will be a rate cut. The bigger story is one we wanted to ask to dig into, which is for a year now, weve lived through the tension between trump and powell, more from trump than from powell.
Joel weber. A solitary figure on the cover this week, chairman jay powell. We often try to take something complicated and simple it down. The cover is an expression of that this week. Jay powell, fed chair, probably the most important person in the world of finance. He heads the Financial Institution that is probably the most important anywhere in the world and for a year now, hes been the target of trumps twitter ire, because trump wants lower rates, lower rates, and jay powell has basically been a stoic figure through all of that. Carol we believe this is an independent organization and for the first time, we are wondering is it going to remain independent . And can they continue to fend off the executive branchs desire for lower rates . We will see what happens this next week with rate cuts. The market basically thinks there will be a rate cut. The bigger story is one we wanted to ask to dig into, which is for a year now, weve lived through the tension between trump and powell, more