Plans to boost the ability to deny green cards for immigrants deemed likely to rely on government aid. A former governor of a border state, new mexico, here to break down all the latest policy. All that and much more on making money. Charles thousands of demonstrators have forced hong kongs airport to cancel all of their flights. This as the citys largest airline, cathy pacific, warning the staff, those that support or participate in the illegal protests could be fired. Hong kongers have been protest ing liberties and protests from china. Clashes leading to dozens of arrests. Wall street journal opinion writer Jillian Melchior is in hong kong. She joins us by phone. Thanks for joining us. Thanks for having me. Charles give us the latest, where are you, what have you seen, contrast it to your trip there just a few weeks ago . It is quite interesting. The protests have become much more spontaneous, much smaller. I also think a lot more dangerous. When i [inaudible]. Protests first broken
Commodities. Sterling is very much in focus. The pound under some pressure after Boris Johnson was named the new u. K. Prime minister. How much of it period will he have . Can he deliver the brexit by october 31 . We see the aussie dollar at 69. 80. West back bringing forward the rbas next rate cut. They are citing a 0. 5 target for the rba cash rate. We saw a move in bonds, yields are down two basis points. Away from record lows. The kiwi continuing to see weakness today. We might need to go unconventional in policy tools. David we were down as much as one for the 1 . Much as one fourth of 1 . Lows. Off of two month commodities very much in focus for the bloomberg dollar index. A good month against all of g10. Yvonne iron ore, we are watching it down in singapore. Perhaps the imf growth concerns are weighing on them. Oil, continuing higher after we saw the stockpiles in the u. S. Edging lower here. It is up about. 6 . David you dont see it here, we may talk about it today. Beef import
Markets, where we see a fourth week of gains. U. S. Futures point to a third day of losses, and that is what we are seeing in u. S. Equities. It, butear dipped below safe havens are clearly big, the yen, treasuries, gold on a tear. Markets areof these being reflected across assets. The dollar is steady after a few days of losses. Coming up, we will speak to the hsbc ceo exclusively, one of a range of top interviews from our emerging and Frontier Forum today. Lets get the first word news. President donald trump imposing sanctions on irans Supreme Leader, the ayatollah, who says the penalties would deny him access to financial control resources. Trump claiming that the Supreme Leader is ultimately responsible for the hostile conduct of the regime. Tehran says this means the diplomatic path is closed forever. The president has held the door open to real negotiations, to completely and verifiably eliminate irans new your weapons program, its pursuit of Ballistic Missile delivery systems, i
Alix steel. Guy 45176, on the stoxx 600, how much lower do we go . We talk technicals later on with abigail doolittle. This is the story of the day in europe. The Dutch Fintech company, the payments company, uber is one of its clients and spotify is one of its clients. It is getting crushed today. 18 plus billion euros with the value wiped off, the share price on your bloomberg terminal, you can see it had a meteor cries which is very much now come undone. Is this what happens when a test tech stock misses expectations. As this happens when the front comes out of it because it is bruising to say the least. At stock as i say down by nearly 40 today. The miners are up today, prices have come undone, we have been watching what is happening with the china story, we continue to watch that carefully. Are we gearing up to people talking about potential for stimulus. It might have some competition for tax assets. Keep an eye on that story. It is never really quite work, where we go with that w
Payne. Breaking right now, former President Donald Trump on his way to washington, d. C. For his afternoon arraignment. Well bring you any developments that happen throughout the hour. Meanwhile the bond market has grabbed the spotlight. What is going on with the big spike in yields . Lance robertses, chris low and others with implications. To the s p 50,014,000 . Meet the analyst who made this call in 2016. Were awaiting amazon and apple before the close. Danielle shay. Well talk about her current approach to trading these megacap names. Sometimes you feel like a nut, sometimes you dont. Unfortunately when it comes to the economy, depends which party is in the white house that is unfortunate. I will explain. Behold the amazing manufacturing renaissance in america. The only problem, where are the workers . Well dive into that. Also handicap tomorrows jobs report with tom gimbel. You dont want to miss my takeaway how the financial malaise is more than lip service. By the way we can get