For goldman. There is the idea that goldman got out of the uber stake when the period expired. Target, it is down 7 . A big dragon the s p 500. The holiday sales were not as good as anticipated. Guy absolutely. Missing the target. In europe, we are off on lows and negative territories when it comes to stocks. The cables rate is positive despite stunningly weak inflation data and more evidence in the bank of england we are likely to see an imminent rate cut. The ruble story is getting more interesting. We have seen the resignation of the goldmans today. It looks like we will see a referendum in russia that could save the presidency of president boudin beyond 2024 president 2020 four. D that has political implications, but i think it is still being assessed. In half an hour we are going to see the United States and China Signing the phase one trade deal. It will leave significant tariffs in place, but for the first time will punish beijing if it fails to deliver on key pledges. Spoke abo
To oil, but again, we are at 63. 18. Boeing, on some concerns it might need to issue more debt because of the next prices, is down 0. 8 . And seeok at europe where we are on the stoxx 600. Not many groups are higher in europe, and among them, probably the defense names. We are seeing travel and leisure on higher oilit prices and increased geopolitical tensions. Below rightd dollar now the high of the day. Lets get right to the latest from washington following president trumps decision to kill iraqs top general. Irans top general. The funeral is ongoing in iran. What are the nsa advisors to the president telling the president today . Kevin good morning. Iran saying that they would be a disproportionate response, and saying that the u. S. And allies are on full response. They say they feel iran has behaved with an expansionary Foreign Policy that is a nonstarter for them, particularly given the threat of additional sanctions that have been placed on iran as part of their maximum economic
We bring you todays market moving news from around the world. Our bloomberg voices are on the ground with this mornings top stories. We want to begin with china. The government has agreed to cut import tariffs on a wide range. F goods joining us is stephen engle. Break down what we know about the tariffs, why now, etc. Stephen this comes fresh after a trade one agreement a phase one trade agreement. A gesture, yes, to show its lowering trade barriers, but it also wants to spur domestic spending for those 859 products he mentioned, from smartphone parts to food, in particular, frozen pork. All of these products will enjoy lower tariffs, and it comes as china hosts a critical trilateral summit this week that has already kicked off in beijing between china and japan. South korea will also take part. Trade, territorial disputes, military maneuverings, of course, exacerbated by north thoses posturing, and all historical animosities still persist. So those talks should be welcome. Been korea
August but mostly, especially the Fourth Quarter, has been knocking it out of the park. We do know that today and for the week it is a holiday shortened week and what that means for volume. Take a look at the volume chart i am showing here in my terminal. Given that it is a holiday shortened start everyone but me is on vacation, volume is down 50 from the average. The biggest drops in volume, healthcare, real estate, and utilities, the safety sectors are not being traded today. Youre getting a broadbased risk on sentiment. For me in San Francisco it is all about amazon and Consumer Discretionary is really leading the way. All of the other sectors are only up about one half of 1 . But take a look at amazon leading gains after posting another big holiday season. Billions of items were shipped, tens of millions of amazon devices like the echo. Were sold. And if we flip up the board is mostly risk on with crude and copper rising. Haven, alsofe catching 8 10 of 1 . That is a look at u. S. M
By broadcasting live direct from our studios in moscow this is our International Im from thomas certainly glad to have you with us. Google and facebook Business Models threaten human rights and by being based on surveillance this is according to a new Amnesty International report Group Alleges the tech giants violate privacy and freedom of expression arties medina called shop has more. On the scene or national released a report outlining how say spoke and google abuse human rights crazing dominance over the new Global Public square controlling the main channels the companys surveillance based Business Model forces people to make a fast and bargain whereby they are only able to enjoy their human rights online by submitting to a system predicated on human rights abuse their report accuses google and facebook of flyweight saying the right to privacy on an unprecedented scale as well as free to. Of expression not only does it represent an intrusion into billions of peoples private lives th