Underestimate senator mcconnell and his ability to corral maybe as many as 20 republican senators who believe that we have a vshaped recovery which of course is what President Trump has been saying. Its the senate that we look to, i think all discussions between secretary mnuchin and Speaker Pelosi have not borne fruit. One of the things i think they havent borne fruit because the republicans simply are not in favor of giving the states money. Speaker flossy wants to give many different businesses and states money because they are all strapped will this matter to that i dont think so i wish it would, i mean, in business i think it would, but not in politics. I feel, david, when i look at these numbers and i look at whats happened to the president , of course, we wish him well, i think that somehow nothing comes together in washington that you would think. Theres not a kind of a sympathetic lets get together, lets stop the war of words. It just doesnt happen like that anymore. No. There
Budget set to be outlined in parliament today. Tesla takes the trade war in its own hands. Suing the u. S. Government and Robert Lighthizer over the tariffs over imports from china. A warm welcome lets kick off the show with fresh numbers out of germany the Business Climate for the eve owe since september has come in a touch light. Current conditions 89. 2 for spent versus 89. 5. So just a touch light of expectations in terms of the expectations component, came in at 97. 7 versus forecast of 98. Slightly weaker but generally similar to what was expected the august numbers have also been revised we have the Expectations Index at 97. 2. These september figures and the forward looking part of this index has come in at 97. 7 for the month of september as business morale rises. This comes after data yesterday. The pmi flash for september showing that manufacturing in germany continuing to improve. Services contracted. Dropping below the 50 Mark Services trends in the economy we are going to
Company ipo in a year, if approved by President Trump. Is this ride hailer. Eeking to shore up cash haidi lets look at how we are setting up for the final trading session of the week in asia. After a pretty lackluster session, we had u. S. Stocks passing some of those parsing some of those losses, still dropping for a second day but finding support after bouncing off the 50 Day Moving Average on the s p. S p futures seeing a little positivity on the u. S. Fridays session, about 0. 2 higher. Tax leading the client is apple, facebook and peppe microsoft are weighing on declines. We saw a Little Movement in treasuries as well. In asia, the nikkei 225 is seeing an upside, 0. 1 when it comes to futures trading in chicago at the moment. Dollar weakness yen strength will be an issue, the. We have the yen appreciated to the strongest level in six months across broad dollar weakness. The u. S. Dollar index falling for a fifth straight session. We are also keeping watch on the dollar and how it
3 times wanted. To marry much alive during the travel guides of the special journey to. Recognise where exactly. It was find her last car culture history of. Travel extremely. Again in the crosshairs the white house imposing another round of sanctions against the chinese tech giant as President Trump in britain news accusations that the companys equipment is used for spying also coming to take you to sway to the Coronavirus Crisis has created a tech driven business and people in britain are. Taking advantage of bargain prices the restaurant meals the government is picking up half the tab until the end of the month. Im chris cuomo in berlin welcome to the program the u. S. Department of commerce has announced it will further restrict ways access to American Technology clude ing chips its the latest blow for the Chinese Tech Company whose equipment is being blacklisted by governments around the world amid fears it could be used by the Chinese Government for espionage last year washington
Department of commerce has announced it will further restrict ways access to American Technology clude ing chips its the latest blow for the Chinese Tech Company who was acquitted and is being blacklisted by governments around the world amid fears it could be used by the Chinese Government for espionage last year washingtons cut off always access to use components and techno. For more on this lets bring in our man on wall street of course it always dato hostilities the u. S. President lashing out again and huawei the department of commerce imposing new sanctions while ways a company that has already been sanctioned was behind this latest move. World traffic ministration to build on top of previous restrictions against the way and it is accusing the chinese a company of being evasive and going through 3rd parties to have access to 2 chips thats why also now the number of always up to date in the us the department of commerce of black police tops 152 up deriving 38 more entities and disp