Streak that sauz the shanghai rise 16 yeah shanghai was down by 2 today. Lets see whats happening in the treasury market right now. Yields back down below 0. 6 . We havent seen that for awhile. And joe, still chuckling a little bit about football and why we care this time around not the ivies . No. But anything i see this morning it was eric chemi. I realize out on the cliffs they have that full size cardboard cutout of me so then i was thinking, you know, next week if i dont have like being here some day, i might just put it right here just have something on a loop. Less taxes, less government, more you know a welcome respite plus they got sound theyre going to pipe in sounds like the tesla, you know, the motors i saw that. Theyre going to pipe in fans cheering and i read this stuff and we go, okay i want a cutout this makes sense. Put an entire stadium full of cardboard cutouts. Yes and we all go, yeah, that makes sense. But people would do it. Because i was thinking the camera would
Confidence vote, it has to be the first couple of days that parliament returns. Sort throughs another barrage of earnings reports. The large numbers are catching up. We are calling get the star worlds worse stumble. Ultimately, china and the u. S. Are aligned at the hit economically. I dont think the feds job is to make sure there is never a recession. It is all straight ahead on bloomberg best. Hello and welcome. This is bloomberg best. Lets start with a day by day look at the top headlines. After donald trump announced new tariffs on china last week, beijing bowed to retaliate and the response sent shockwaves through global markets. Stocks in the red this morning on the fears that the u. S. China trade war an fell after chinas yu below the seven per dollar level, the weakest in a decade. Meanwhile, china has state owned enterprises for american agricultural products. What is china trying to signal today . They are sending a message that they are going to up the ante when it comes to
Accelerate their race to the bottom on Interest Rates. Central banks are willing to go and willing to go big. Wall street banks expected trim bonus for traders. The u. K. Stumbles towards brexit, deal or no deal. If there is going to be a deal it has to be the first couple of days parliament returns. Nejra sorting through a barrage of earnings reports. The left wants to see profitabilities. The law of large numbers is catching up. We call it the star wars stumble. Nejra experts on how they are reading at jumble. China and the u. S. Aligned economically. I do not think the feds job is to make sure theres not a recession. Nejra all straight ahead on bloomberg best. This is bloomberg best, the hello and welcome. I am nejra to hedge. Cehic. This is bloomberg best, the weekly review of the most important business, news and analysis from bloomberg around the world. After President Trump announced new tariffs on china last week, beijing vowed to retaliate. Their reaction sent shockwaves throu
If there is going to be a deal it has to be the first couple of days parliament returns. Haslinda sorting through a barrage of earnings reports. Left wants to see profitabilities. The law of large numbers is catching up. We call it the star wars stumble. Haslinda experts on how they are reading at jumble. China and the u. S. Aligned economically. I do not think the feds job is to make sure theres not a recession. Haslinda all straight ahead on bloomberg best. Nejra hello and welcome. This is bloomberg best the weekly review of the most important business, news and analysis from bloomberg around the world. After President Trump announced new tariffs on china last week, beijing vowed to retaliate. Their reaction sent shockwaves through global markets. Keeping stocks in the red this morning on fears that the u. S. China trade war is escalating. Asian stocks heading for the biggest selloff this year after yuan fell past the key seven per dollar level. Due to the tariffs on chinese goods. C
Shares in Royal Dutch Shell drop as weaker prices hit the Second Quarter and profits fall to the lowest level in two years. And best in a decade barclays profits soar 80 in the first half as they hike its dividend our return on equity was 9. 3 so for the first half of the year it was over 9 , 9. 4 its probably the best statutory first half performance that barclays has had in nearly a decade and rio tinto shares come under pressure after the miners first half profits miss expectations despite a bumper special dividend we have a very decent Capital Allocation weve been implementing this for the last few years in terms of strength of balance sheet, in terms of investment in either growth project and returning cash to shareholders weve been doing that. Welcome to the Program European earnings season in full swing with key reports in the oil, mining, financial and industrial sectors shell its missed expectations reporting Second Quarter profit that fell 25 to a 30month low thanks in part t