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Thats a 13. 8 increase month on month. Pretty good, alix. Israel alix can it last . And coming up this hour well speak to valley grant, Senior Vice President and henry mcveigh, ahead of global maam row and Asset Allocation with his report on economy and investments. The main macronews that happened was beijing following through on the threat of retaliation, china ordering the u. S. To close the consulate in chengdu and comes after the foreed closer of a Chinese Mission in houston. Sharon chin the asian bureau chief, how big of a disruption is it between the two countries . Sharon i mean the whole dispute over the consulates, the u. S. Asking china to shut its houston consulate and china asking the u. S. To shut down its consulate in chengdu has en a severe reaction and the worst theyve taken in the last few yea ....
He c. E. O. Of verizon, Hans Vestberg as we proceed throughout the hour. Francine european economies are starting to claw their way out of recession and we had encouraging p. P. I. Physician and the confident p. M. I. Jumped to 54. 8 with the services and manufacturing sectors expanding. Joining us now from paris is william, the Bnp Paribas Group chief economist. It feels like this was a good week for europe. We have the p. M. I. More than expected and the Recovery Fund. If you look at job losses theyre going to get ugly in europe. William that is a concern i have if you look at the p. M. I. Data today. What strike is that yes, manufacturing significantly and new export levels in germany are just flying but the employment series is showing that companies are under no intention whatsoever to increase hiring and on the co ....
Time for Global Exchange and bring you todays market moving news from around the world from hong kong to frankfurt to london to new york and washington. Our bloomberg voices are on the ground with this mornings top stories. Were going to start with the latest in asia. Trade uncertainty appeared to take its toll on china. The countrys economy losing more steam in october, factory input and fixed asset sales missing estimates and joining me from hong kong is bloombergs chief asian economics correspondent. Give me the rundown of the data weve got. It was a mix across the board with a slump in investment and industrial output miss expectations and on the retail spending part of things we saw the weakness go from auto and turnt and cuggetting the consumer is starting to book now none the pressure of trade war and slowing economy. There were two big takeaways from economists and onen one hand the numbers suggest were probably looking a ....
Eurodollar at 1. 109. If you look at government bonds across the world, they are actually advancing. This is on the back of german and chinese data. The focus is now on trade. But there is one stock we needed to look at a little bit more. 6. 1 afterining interim results. They have a new partnership with tencent. Well have more on the sector with burberry gating 6. 1 . Gaining 6. 1 . Up next, we talked to the silver lake cofounder about investing in tech. But for now, lets get straight to first word news in new york city. Boris johnson is back in Campaign Mode after a difficult visit to floodhit areas of Northern England where his response was criticized by local residents. In a speech at a factory which makes london taxis, the Prime Minister said getting brexit done would trigger a wave of investment. Jeremy corbyn, mea ....