Minor deal that would be open. As far as no more tariffs would be open as far as two more rounds of duties in return, they said they would be open to things. Speaking on the background in terms of noncore recession saying they still would not budge. That was an official speaking to one news source. Lets take a look at what would happen in asia the nikkei came under pressure hang seng down about. 8 and shanghai am coup about. 4 markets go up or down based on what rumor or headline at any given point on these trade talks scheduled to begin tomorrow in the United States. In europe, the bachl dax is up y about 1 looking at the treasury market, yields are higher. The 30year, a little higher than where we were yesterday the twoyear sitting at 1. 44 . Eunice yoon joins us now. Did we sleep last night. We look horrible without these thanks for pointing that out. Mine is too bright. We are going to toss to eunice ill tell you what way was thinking about on my way in. Did you hear about how many
Swing up to 50 points. This is going to be a bit of a wild roller coaster this morning. We are anticipating more comments coming from the president as he continues to have these meetings at the g7. This can be very far, wide ranging and a lot of things can get comment on youll see the futures potentially move around on all of this. The nasdaq is up by 82 points. S p up by 20 coming after a big down day on the markets on friday when the dow was down by 623 points that pushed the major average down for four weeks in a row and you are looking at august being a month where well see declines very likely. The only other month we have seen declines is the month of may. Ten year looks like 1. 49 . The two year 1. 45 obviously these markets keying off everything thats happening out of the g7, too lets get right to aimen javers in france at what has been a wild and memorable meeting aimen, good luck wrapping this all up for us. Reporter yeah, absolutely, becky. Let me start with the comments the
Business of your business. In berlin welcome germany is famous for manufacturing the best for cision Machine Tools in the world Mechanical Engineering is one of the backbones of the countrys economy no other sector employs as many workers not even the car industry but trade wars bags and the darkening outlook for the World Economy have hit the sector hard the lobby group of germanys machine makers has now presented latest figures for factory orders and its not looking good the sector has already lowered predictions twice for this year. The slowdowns already left its mark year Engineering Company shipped in cologne has seen orders slump by 20 percent this year the company had to introduce a short time work in may managing director carl martin vertica hopes that will see the company through the worst the whole sector is affected. In many regions like barton vert and back Engineering Companies and especially our customers as well are having to resort to a short term working and in some ca
We will look at the performance of asian makers and hear from General Motors. Lets see how things are shaping up for asian rackets. Markets. Roilings tweets are markets and the stocks look to be opening at a low. Taking a look at nikki futures, down a little more than 1 . This brings on the prospect of more retaliation. That will be way down on the. Hares of these Asian Companies especially when japan opens, we will be seeing whats going to happen between japan and south korea. We are expecting the Prime Minister to have an announcement about how they treat those south korean companies. Looking closely ahead to that as well as checking on the commodities later. Sophie thanks so much. Checking in on the terminal. Oc been numbers coming up, rounding out the three big lenders. Net income at 1. 22 billion compared to the estimate of 1. 9 billion. Allowances for loans and other assets came out at 111 million. Secondquarter growth was likely driven by expansion in interbank rates. Income was
To m. P. S Boris Johnson has asked the European Union to rethink its refusal to renegotiate a break that deal johnson also said his government would prioritize preparations for exiting without an agreement if there is no deal with you by the october 31st deadline this week our mission is to deliver british on the 31st of october for the purpose of uniting and reenergizing our great United Kingdom and making this country the greatest place. On earth lets go live now to jonah how hes outside westminster so how did that speech go down with m. P. s. Boris is still on his feet Boris Johnson in fact taking questions from m. P. s everybody wants to get a question in to him how did that speech go down im sure it went down extremely well with his own supporters is sort of trademark brand now of positive energy being invoked there talking about the beginning of a new golden age for our United Kingdom a vote the can do spirit of optimism that he thinks has been so lacking over the last 3 years in