Best performing index in the s p and that is more than get that going to is sending the likes of las vegas sands, caesars, and all of the gaming stocks higher. The volume, as well, is massive in those stocks. The 10 year yield at 1. 88 following the ecb this morning. That is a pretty good incline in. Ields we were at 1. 85 just a couple of days ago. Definitely selling in bonds with more positive outlook for the economy. The dollar index repairing some of its declines. Guy stocks here in europe off their highs, but higher on that trumped week. Bonds selling off, yields higher. The pound is trading lower. We are down by 0. 6 percent. The polls close at 10 a click p. M. London time tonight, 5 00 p. M. New york time at 10 00 p. M. London time tonight, 5 00 p. M. New york time. President trump indicating that we have a very big deal on the way, getting very close to a big deal with china. They want it and so do we. It is that last bit that is important. The s p leading an alltime high a lit
A visit and. Join link to news from africa and the world for your link to exception of stories and discussion from own use as easy to our website d w dot com smart africa join us on facebook w africa. The us china trade war hits winemakers in california while donald trump claims are great trade deal is coming soon producers and one of the worlds most renowned wine regions are seeing sales in china fade away. Also on the show iran is forced to ration its gasoline as the countrys economy keeps getting hit with u. S. Sanctions. And top and very far away one just completes a double sunrise 10. Flight from london to sydney. Its time for business on the w m how yet again its good to have you with us markets closed the week partly up moved by talk about progress in the u. S. China negotiations to put an end to the ongoing trade war but the truth is there was no Real Progress while investors and analysts keep waiting consumers are not American Products like californian wines are losing the bat
Sanctions. And air pollution is driving people in indias capital into special bars just for a breath of fresh air. Its time for business on the w m how yet again us welcome to the program there was much talk this week about progress in the u. S. China trade talks but there was no Real Progress while investors and analysts keep waiting for a deal consumers are not American Products like californian wines are losing the battle against goods from other countries that are now cheaper for chinese customers. Its one of the worlds premier wine regions the not the valley and surrounding vineyards produce about 95 percent of u. S. Wine exports but Donald Trumps trade war is making these wines too expensive for chinese customers since the trade dispute began china has raise tariffs on american wines 3 times in retaliation for u. S. Tariffs. Family run went to vin yards is proud of its more than 130 year legacy but the company has invested heavily in marketing to Chinese Consumers but theyre now
And featuring a lead role like youve never seen before. From here for marriage to the ends justify the means. To teens witnesses starts december 13th on g. W. The u. S. China trade war and its wine makers in california while donald trump claims a great trade deal is coming soon producers in one of the worlds most renowned wine regions are seeing sales in china fade away. Also on the show iran is forced to ration gasoline as the countrys economy keeps getting hit with u. S. Sanctions. And their pollution is driving people in indias capital into special bars just for a breath of fresh. Its bad for business on the w. And how you get us welcome to the program there was much talk this week about progress in the u. S. China trade talks but there was no Real Progress while investors and analysts keep waiting for a deal consumers are not American Products like californian wines are losing the battle against goods from other countries that are now cheaper for chinese customers. Its one of the w
Important. Stoxx 600 risk rally beginning to fade. Definitely off of session highs, approaching session lows. Stocks still appear to be relied risk on appear to be largely risk on. Bond markets also not sending that signal. Btps moving lower another two basis points. Different signals coming from different asset classes. The spread is not particularly big, but i think it is worth paying attention to. Vonnie that person i was speaking of is from pimco. Home depot falling after it cut its growth forecast for the rest of the year. Similar story to kohls. Reaction now on whether he thinks the American Consumer is actually going to tip things over here in the u. S. And globally. He is pimcos Global Economic advisor. He joins us from california. Should we be worried about the u. S. Consumer . Guest i think we should be. The consumer is always the last shoe to drop. It has been holding up pretty well. The rest of the economy has slowed sharply. Manufacturing is in recession. Companies have cu