Hong kong Police Surround protesters at a university standoff. Chief executive carrie lam calls for a peaceful resolution. We are live in the city. Powell goes to the white house. President trump says he protested against high Interest Rates in a meeting with the fed chairman. Boston fed president tells bloomberg the central bank might already have gone too far. And emirates exclusive. President tim clark tells bloomberg he is still interested 737boeing seven dreamliner but does not see the 737 max 8 getting back in the skies this year. We are talking about maybe the First Quarter calendar next year, possibly even a bit longer. In the end, i will repeat the question. The only entities which will sanction the flying of this aircraft are the regulators. It is not boeing. Matt we are less than a halfhour from the european open this morning. I just wanted to quickly point out that we are getting a little bit of a comeback in gold. This is the u. S. Dollar price over the last three days. Yo
A deal is not reach soon so christine lets talk about this a little bit so 1st on the story with the hong kong bill obviously the bill on some levels it does affect the u. S. Trying to trade talks but it seems like its more of slowing things down because it kind of sets back china in their expectations right exactly and right now its escalating into a new head and so this kind of like oh you wanted us to roll back tariffs well were not going to do that so look over here its another diversion tactic were going to focus on home call instead so this is just the u. S. And another way of exerting maximum pressure theyre back to their all tactics of exerting maximum pressure again in order to try to get a response from china because as we said last week from if you remember china was very silent about this entire thing there was pessimism they didnt think base one would even go through this or meanwhile on the u. S. Side they were optimistic markets rally everyone saying oh phase one is almo
For the century the 80000000000 dollars that the fed keeps on injecting into the market on a monthly basis so a lot of that is artificially boosted up but. Artificially boosted. From this conversation about lets bring in greg swings and he. Youre a brick mcadam and bring him into the conversation here so it seems like hong kong as were talking about here in some ways has been treated like a pawn but at the same time i think we have to be honest here that there is a certain percentage of the u. S. Senate specially that is pretty passionate about this issue of china and hong kong and autonomy so theyve made their voices heard president trouble im not sure if hes as interested in that as he is in saving face and winning phase one how do you see it. Sure well i mean i think the president s been pretty aggressive about exposing some of the problems with china so he i mean typically hes. Worried about the stock market in and day to day fluctuations but in reality hes actually been pretty agg
On the others of the aisle, Jeremy Corbyn. Do not miss it. Manus it is bloomberg daybreak europe. It is all about global trade and the impact. Singapore export orders crash and burn 13 . Have you got a mindset of what is china growth, sub 6 . Nejra have you got a mindset of what that will mean in terms of stimulus . Some of the signals from the pboc when they talked about growth and inflation over the weekend was as things get worse, they want room for more policy moves. You can take something away from that, too. Policyyes, and those adjustments have moved the dial slightly. They are back at levels we have not seen since 20152016. Constructive discussions in trade help the equity markets a little bit and the pboc drip feeding rate cuts. Before biggest Central Banks in the world are on easy mode and perhaps we are under assuming the capacity of qe 2020. Lets look at the s p futures. Credit suisse says an extraordinary rally can endure. The u. S. Will underperform in 2020 because of pea
Financial Services Department has been granted a trust license to offer trading and custody a big point. With tell you how that may affect Institutional Investment in the grip of her got a packed show today so lets dive right in. And we begin with. Falling off a 22 month high as christine mentioned on wednesday with a bump in u. S. China tensions and fears of a possible recession are boosting a bid for bonds and pushing toward safe haven assets like gold theres a thing wall street futures were down point 3 percent to 4. 4 percent which is all from the record highs that the stock market has been seen in the last few days and weeks so what set off this tumbling of wall street futures well a couple of things one the u. S. Senate has angered china by passing a bill requiring annual certification of hong kongs autonomy and warning beijing against suppressing protesters. This senate has just sent. Resoundingly message to the Chinese Communist Party President xi that the United States stands