Regionally, as we saw a setback moments ago from Johnson Johnson. They are pausing the study here on their vaccine after one of their patients fell ill. We did of course look at, when it comes to the china 10 year, we are expecting a big dollar bond sale as well, and details as soon as wednesday. Still Holding Around the 670 level at the moment. Lets look at the rest of the market as we count down to those numbers out of china. Ratentioned in indonesia decision later today, jakarta coming online just slightly higher. Because ofpressure vaccine setbacks, and india as well, we could see a lower open in mumbai. A big power outage yesterday impacted volumes. We also saw inflation surge in september. We are watching fx as well, the dollar pretty steady and the rest of asia affects fx lower after we saw weakness in the chinese currency as well, the pboc made it cheaper to short the renminbi. We are watching the china and aussie tensions ramp up again. We see brent crude and new york crude, p
We start with the u. S. Senate bill aimed at supporting hong kong protesters. Ministry said in a statement that it blatantly interferes in Hong Kong Affairs and other china internal affairs. Bloombergs great at china editor karen leigh, walk us through what happened. Karen this follows chinas line telling the u. S. To back off when it comes to hong kong. The into options that it could take. Sees a bit hong kong of a more normal daytoday after many days off, and a standoff between protesters and police is coming slowly to an end. Looking ahead towards district elections on sunday. Should the government delay or postpone them, that could lead to more protests, so all eyes sickly turn to next weekend. Eyes basically turn to next weekend. Alix thank you. Bloombergs matt miller joins us from frankfurt. Walk us through the highlights of the report. This twice a year, as you said. They think this is a part of the responsibility they have for setting Monetary Policy, to also point out the risk
Out of congress. Europeanarkets stock markets under a little bit of pressure today, down 0. 5 . The senate bill regarding hong kong seems to have cast a little bit of a shadow over markets today. That is certainly keeping people awake at night as we approach december 15. The pound down earlier on, rallying a bit over the last hour or so, back to flat, 1. 29. Two basis points to the good on the german tenyear. We did see some quite disappointing ppi data out of germany, but i think betray narrative is generally more risk off i think the trade narrative is generally more risk off. Vonnie key testimony underway in the house impeachment inquiry , and major Market Energy a political reaction to a just atsed senate bill aimed supporting protesters in hong kong. We are joined by our chief correspondent on capitol hill. We saw life pictures a moment ago. Im curious as to what kind of reaction there is in washington today from the testimony so far. Surely whats been said doesnt help the republi
Good afternoon welcome to the closing bell. Im wilfred frost. And im sara sizen. Lets check on markets in the final hour of trade. Not too far off from session highs. Going strong for a third day in a row. Dow jones industrial average up about. 8 of 1 226 points higher. S p good for a gain of 1 . Same for the nasdaq. Best threeday win streak for stocks in several months s p flat for the week as a whole. Weve got a big show including our closing bell news maker verizon ceo Hans Vesterberg will weigh in on huawei, 5g and more. Its our weeklong series featuring five Top Fund Managers and weve got David Ellison from hennessey. Three stocks he is watching into the close coming up. First up, though, President Trump laying out hiS Immigration plan lets go to eamon javers at the white house with what weve learned so far the president just wrapped a speech in the rose garden a few moments ago in which he laid out his plan for Legal Immigration into this country, saying that we need the move, th
Dust settled after the ipo, it lost 40 briefly. I saw it in the high 30s and i saw the weigh in which it was accumulated very quickly i know some of that was the way that underwriters are supporting the deal and thats fine i dont really care that much about it a week later. But i have a stop just below the 40 level i might get taken out of it and reevaluate. Its not yet an investment i do want to be involved in it, because i think my potential upside versus my downside with that stop limit in place is a phenomenal situation and this might be the type of trade that i have to put on multiple times before it sticks. Once it does start moving to the upside, though, scott, again, it is something that i want to have on as a trade. And then ill be listening, like everyone else on earth, to the first conference call. The one thing about the ceo thats, in my book, a win, is hes going out of his way to tamp down expectations hes being very deliberate about keeping people calm. Hes not a promotio