Following all action in gold and oil on the cme well go to blake first. Reporter the word being used by both the United States and china goodwill after President Trump announced he will push back a scheduled tariff increase on october 1st, back, october 1st a couple weeks to october 15th, because of a celebratory anniversary that will be taking place in china. The treasury secretary earlier today, steve mnuchin, saying that the u. S. Agreed to chinas request. The vice premier asked us to delay it and the president agreed to that. I would hope that china reciprocates. This was done as a goodwill gesture to the chinese. Reporter spokesperson for Chinas Commerce Ministry saying quote, we welcome the goodwill by the u. S. Meantime the market earlier today took notice of a headline from bloomberg which said the president s advisors are considering an interim deal to delay tariffs however the white house has not publicly said that is the direction which this potential trade deal with china i
A new survey shows just how much is the impact of u. S. Investment in china it may surprise you. And a moment of silence as the world remembers what happened on this fateful day 18 years ago, wednesday september 11, 2019 Worldwide Exchange begins right now. Good morning, a live shot of Downtown Manhattan as we remember this day 18 years ago it is quiet now. A lot of activity expected later today. The New York Stock Exchange and nasdaq will hold a moment of silence. Stock futures indicating the dow will be just about flat at the open blue chips are trying for a sixday winning streak the dow jones opened up about two points if these gains hold the s p down about two points and nasdaq as well breaking news on the u. S. china trade war. China announcing exemptions for 16 u. S. Products a sign of possible cooling of tensions the exemptions apply to goods from u. S. Cancer drugs and seed. Showing u. S. Direct investment into china is slowing down at a just growing clip slightly there. Watchi
Reserve, we have the minutes and this was me before liberty mutucustomized the Federal Reserve of San Francisco mary daily says a recession is not eminent, investors look for any hints, we will bring you the minutes when my car insurance, so i only pay for what i need. We get them. We have a rally underway, dow up and this is me now 150 points, twothirds of 1 , any physical changes to this mans appearance are purely coincidental. S p up 19 and nasdaq futures only pay for what you need. Higher by 62. Liberty. Liberty. Liberty. Liberty. Mornings with maria begins right now. Maria big show this morning, can it help keep us asleep . Joining the conversation this yes, it senses your movements and morning pwc partner Mitch Roschelle and wall street automatically adjusts to keep you both comfortable. Journal management reporter host of the secret of wealthy women and now, all beds are on sale save 50 on the sleep number 360 limited Edition Smart bed. Podcast veronica, thank you for plus free
To see evidence we are going into something that is more of a slowdown. If im growing at 2 percent, im not as worried about that. Manus lukewarm reception. China stocks great the one your prime rate with more of a shrug than a had as the pboc missed its goal of repairing the channel. Warm welcome to the show this tuesday morning. The bloomberg dollar index, i assure you, was at the highest level of 2019. You can see here, this is real yield matters. Is that what is driving the dollar . We will find out from our guest in just a moment. Mr. Trump calls the fed her and this lack of vision. Trade wars anonymous, that is what im tagging the last 24 hours. Fast and furious cuts from the fed. I thought we would go for a stock. The 10year yield. 1. 59 . Goldman says it is overdone and oversold. Rbc says you could see a retreat to 1. 72 . There is something that of noticed. The threemonth call to put ratio is pretty darn expensive in the etf world. That could be a contrarian sentiment. Not ofte
Patients and optimism, we can get this done. And breaking the cycle hsbc speaks out on the unrest in hong kong. This comes as australias flag carrier said it is taking some capacity out of the region. We are going to do that over the next few months. Take 7 of capacity out. We anticipate this will continue for a few months. This is the manus thing that caught my site line this morning. This delusion. That the fed is making a midcycle adjustment to Monetary Policy. Are we midcycle or is there more . They gave us three reasons for that cut. They said it was an insurance cut. Can you fault those things . Absolutely. The market is baying for blood. They managed to crawl out of negative territory yesterday. Lets have a look at the board. Lets have a look at the chart. Members voted against the move. Are we really midcycle . The feds unity could be fraying. Deeper for longer. Have a look at the risk assets. Dollar yen, if you want to protect yourself against a recession, you want to belong o